Parsons to Present at the Raymond James TMT and Consumer Conference
Rhea-AI Summary
Parsons (NYSE: PSN) announced that Carey Smith, chair, president, and chief executive officer, will participate in a fireside chat at the Raymond James TMT and Consumer Conference on Tuesday, December 9, 2025 at ~10:40 a.m. ET.
The presentation will be streamed live via webcast on Parsons’ investor relations website and a replay will be available on the site for 30 days following the presentation.
Positive
- None.
Negative
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News Market Reaction
On the day this news was published, PSN declined 21.09%, reflecting a significant negative market reaction. Argus tracked a trough of -23.1% from its starting point during tracking. Our momentum scanner triggered 55 alerts that day, indicating high trading interest and price volatility. This price movement removed approximately $2.40B from the company's valuation, bringing the market cap to $8.99B at that time. Trading volume was exceptionally heavy at 6.2x the daily average, suggesting significant selling pressure.
Data tracked by StockTitan Argus on the day of publication.
Key Figures
Market Reality Check
Peers on Argus
Pre-news, PSN was up 1.88% while close peers showed mixed moves: some up (e.g., EXLS +1.16%, G +1.28%) and others down (e.g., KD -0.68%, GDS -0.67%), pointing to stock-specific rather than broad sector momentum.
Historical Context
| Date | Event | Sentiment | Move | Catalyst |
|---|---|---|---|---|
| Nov 25 | Investor conference | Neutral | +1.4% | Fireside chat at Goldman Sachs Industrials and Materials Conference. |
| Nov 11 | Defense contract win | Positive | -0.2% | Awarded position on $15B Pacific Deterrence Initiative MACC contract vehicle. |
| Nov 10 | Federal tech contract | Positive | -0.1% | Contract to modernize U.S. Coast Guard’s Biometrics at Sea System (BASS 2.0). |
| Nov 05 | Q3 2025 earnings | Neutral | +4.2% | Reported Q3 revenue $1.6B, net income $64M, backlog $8.8B, guidance updated. |
| Oct 30 | Defense contracts | Positive | +0.3% | Two Middle East defense and security contracts worth over $100M combined. |
Recent news shows generally modest price reactions, with positive contract wins sometimes seeing flat or slightly negative next‑day moves, while earnings and conference appearances have aligned with mild upward reactions.
Over the past few months, Parsons reported Q3 2025 results on Nov 5, with revenue of $1.6B, net income of $64M, and backlog of $8.8B, which saw shares rise about 4.21%. Multiple contract awards followed, including over $100M in Middle East defense and security work and a position on the $15B Pacific Deterrence Initiative MACC, both with limited immediate price impact. The company has also announced several investor conference fireside chats, typically resulting in small positive moves, similar in nature to today’s Raymond James appearance.
Market Pulse Summary
The stock dropped -21.1% in the session following this news. A negative reaction despite this routine conference appearance would contrast with the generally modestly positive or neutral responses seen after recent investor events and earnings. Past contract wins and backlog growth did not always trigger strong upside, suggesting sentiment can be cautious. Any sharp downside move could therefore reflect broader positioning or profit‑taking rather than the informational content of this announcement alone.
AI-generated analysis. Not financial advice.
CHANTILLY, Va., Dec. 05, 2025 (GLOBE NEWSWIRE) -- Parsons Corporation (NYSE: PSN) announced today that Carey Smith, chair, president, and chief executive officer will participate in a fireside chat question and answer session at the Raymond James TMT and Consumer Conference on Tuesday, December 9, 2025, at approximately 10:40 a.m. Eastern Time.
The presentation will be available live via webcast on the investor relations section of Parsons’ website (https://investors.parsons.com). A replay of the webcast will be available on the website following the presentation for 30 days.
About Parsons Corporation
Parsons (NYSE: PSN) is a leading disruptive technology provider in the national security and global infrastructure markets, with capabilities across cyber and electronic warfare, space and missile defense, transportation, water and environment, urban development, and critical infrastructure protection. Please visit Parsons.com and follow us on LinkedIn to learn how we’re making an impact.
Contacts:
| Media | Investor Relations |
| Bernadette Miller | Dave Spille |
| Parsons Corporation | Parsons Corporation |
| +1 980.253.9781 | +1 571.775.0408 |
| Bernadette.Miller@parsons.com | Dave.Spille@Parsons.us |
FAQ
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