Mirion Technologies (NYSE:MIR) Earns Buy Rating from B. Riley Financial

Key Points

• B. Riley Financial reaffirmed its “buy” rating on Mirion Technologies but lowered its price target from $27 to $25, implying approximately 34% upside from the prior close. Analysts’ consensus remains “Moderate Buy,” with an average target of $24.88.
• Mirion shares rose 11.2% to $18.62 after the company reported quarterly revenue of $277.8 million, up 24.5% year over year and slightly above estimates; adjusted EPS of $0.12 matched consensus.
• The company expects continued growth, including projected 2026 revenue growth of 24%–25%, but increased spending on AI and its Paragon business is expected to pressure near- to medium-term margins and reset its 2028 margin target.

Mirion Technologies (NYSE:MIR - Get Free Report)'s stock had its "buy" rating reaffirmed by B. Riley Financial in a report issued on Thursday, Benzinga reports. They presently have a $25.00 price objective on the stock, down from their prior price objective of $27.00. B. Riley Financial's price target suggests a potential upside of 34.23% from the company's previous close.

Other research analysts also recently issued reports about the company. Morgan Stanley dropped their price target on Mirion Technologies from $27.00 to $25.00 and set an "equal weight" rating on the stock in a research note on Monday, July 13th. Weiss Ratings raised Mirion Technologies from a "sell (d)" rating to a "hold (c)" rating in a research note on Monday, August 3rd. Jefferies Financial Group began coverage on Mirion Technologies in a report on Thursday, September 3rd. They set a "buy" rating and a $20.00 price objective for the company. The Goldman Sachs Group reiterated a "buy" rating and issued a $23.00 target price on shares of Mirion Technologies in a report on Wednesday, July 29th. Finally, Citigroup cut their target price on Mirion Technologies from $28.00 to $24.00 and set a "buy" rating on the stock in a report on Thursday, July 30th. One investment analyst has rated the stock with a Strong Buy rating, seven have assigned a Buy rating and two have given a Hold rating to the stock. According to MarketBeat.com, the company has a consensus rating of "Moderate Buy" and a consensus price target of $24.88.

Mirion Technologies Stock Up 11.2%

MIR traded up $1.88 during midday trading on Thursday, hitting $18.62. The company had a trading volume of 4,366,967 shares, compared to its average volume of 3,817,708. Mirion Technologies has a 52 week low of $14.04 and a 52 week high of $30.28. The company has a quick ratio of 2.63, a current ratio of 3.20 and a debt-to-equity ratio of 0.64. The company has a market capitalization of $4.64 billion, a price-to-earnings ratio of 186.25 and a beta of 1.10. The stock's 50 day moving average price is $15.56 and its 200 day moving average price is $18.44.

Mirion Technologies (NYSE:MIR - Get Free Report) last released its quarterly earnings data on Tuesday, October 27th. The company reported $0.12 earnings per share (EPS) for the quarter, hitting analysts' consensus estimates of $0.12. The company had revenue of $277.80 million for the quarter, compared to analysts' expectations of $275.35 million. Mirion Technologies had a net margin of 2.39% and a return on equity of 6.59%. The business's revenue was up 24.5% on a year-over-year basis. During the same quarter in the prior year, the firm earned $0.01 EPS. On average, research analysts anticipate that Mirion Technologies will post 0.55 earnings per share for the current fiscal year.

Hedge Funds Weigh In On Mirion Technologies

A number of hedge funds have recently bought and sold shares of MIR. Versant Capital Management Inc increased its stake in Mirion Technologies by 42.8% in the third quarter. Versant Capital Management Inc now owns 2,505 shares of the company's stock valued at $35,000 after acquiring an additional 751 shares during the last quarter. GAMMA Investing LLC lifted its stake in Mirion Technologies by 65.1% during the third quarter. GAMMA Investing LLC now owns 2,579 shares of the company's stock worth $36,000 after purchasing an additional 1,017 shares during the last quarter. Altshuler Shaham Ltd lifted its stake in Mirion Technologies by 12.3% during the first quarter. Altshuler Shaham Ltd now owns 13,147 shares of the company's stock worth $244,000 after purchasing an additional 1,443 shares during the last quarter. Pinnacle Wealth Planning Services Inc. boosted its holdings in shares of Mirion Technologies by 30.7% in the 3rd quarter. Pinnacle Wealth Planning Services Inc. now owns 7,096 shares of the company's stock worth $100,000 after purchasing an additional 1,667 shares in the last quarter. Finally, Swiss National Bank boosted its holdings in shares of Mirion Technologies by 0.4% in the 1st quarter. Swiss National Bank now owns 465,900 shares of the company's stock worth $8,661,000 after purchasing an additional 1,700 shares in the last quarter. 78.51% of the stock is owned by hedge funds and other institutional investors.

Key Headlines Impacting Mirion Technologies

Here are the key news stories impacting Mirion Technologies this week:

• Positive Sentiment: Mirion reported third-quarter revenue of $277.8 million, up 24.5% year over year and modestly above the $275.4 million analyst estimate. Adjusted earnings of $0.12 per share matched consensus and improved from $0.01 in the prior-year quarter. Mirion Technologies Inc. Profit Advances In Q3
• Positive Sentiment: Management projects 2026 revenue growth of 24% to 25%, signaling continued momentum across its operations. Nuclear orders reportedly surged 105%, and the company raised elements of its outlook, supporting the bullish response. Mirion Technologies Q3 2026: Nuclear Orders Surge 105%, Guidance Raised
• Neutral Sentiment: Unusually heavy options activity accompanied the results, with investors purchasing 13,224 call options—about 576% above typical volume. This suggests heightened bullish speculation but does not guarantee sustained buying in the stock.
• Negative Sentiment: Mirion is resetting its 2028 margin target as it increases spending on AI initiatives and the Paragon business. The investments may support longer-term growth, but they are expected to weigh on near- to medium-term profitability. Mirion projects 2026 revenue growth while resetting 2028 margin target

Mirion Technologies Company Profile

Mirion Technologies, Inc develops, manufactures and supplies radiation detection, measurement and analysis technologies. Its products are designed to detect and measure ionizing radiation, monitor exposure and contamination, and support the safe management of radioactive materials and environments.

The company serves a range of end markets, including nuclear power, healthcare, defense and national security, scientific research, industrial operations and laboratories. Its offerings include radiation detectors, dosimetry systems, spectroscopy and monitoring equipment, radiation safety software, and related services.

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