Mirion Technologies (NYSE:MIR) Price Target Lowered to $27.00 at JPMorgan Chase & Co.

Key Points

• JPMorgan cut its price target on Mirion to $27.00 (from $30) while maintaining an "overweight" rating, a target that implies roughly a 47% upside from current levels.
• Several other major analysts (Morgan Stanley, Goldman Sachs, Citigroup) also trimmed targets; the sell‑side consensus is a Moderate Buy with a consensus target of $27.25.
• Shares traded down to $18.37 (-2.4%); Mirion reported a quarter with an EPS miss ($0.15 vs. $0.16 expected) and revenue slightly below estimates, while FY2026 guidance is $0.50–$0.57 per share.

Mirion Technologies (NYSE:MIR - Get Free Report) had its target price dropped by equities researchers at JPMorgan Chase & Co. from $30.00 to $27.00 in a research note issued to investors on Thursday,Benzinga reports. The firm currently has an "overweight" rating on the stock. JPMorgan Chase & Co.'s target price would suggest a potential upside of 47.02% from the stock's current price.

Other equities analysts have also issued research reports about the stock. Morgan Stanley dropped their price target on shares of Mirion Technologies from $29.00 to $27.00 and set an "equal weight" rating for the company in a research report on Wednesday, March 11th. Melius Research upgraded shares of Mirion Technologies to a "strong-buy" rating in a report on Monday. The Goldman Sachs Group dropped their price objective on Mirion Technologies from $33.00 to $29.00 and set a "buy" rating for the company in a report on Thursday, February 12th. Finally, Citigroup cut their target price on Mirion Technologies from $32.00 to $29.00 and set a "buy" rating on the stock in a research report on Thursday, February 12th. One research analyst has rated the stock with a Strong Buy rating, seven have given a Buy rating and two have assigned a Hold rating to the company's stock. Based on data from MarketBeat.com, the company currently has a consensus rating of "Moderate Buy" and a consensus target price of $27.25.

Mirion Technologies Trading Down 2.4%

Shares of MIR traded down $0.45 on Thursday, hitting $18.37. 842,993 shares of the stock traded hands, compared to its average volume of 3,339,881. Mirion Technologies has a 1 year low of $12.00 and a 1 year high of $30.28. The stock's 50 day moving average is $22.53 and its two-hundred day moving average is $23.89. The firm has a market capitalization of $4.60 billion, a P/E ratio of 166.83 and a beta of 0.99. The company has a quick ratio of 2.34, a current ratio of 2.83 and a debt-to-equity ratio of 0.62.

Mirion Technologies (NYSE:MIR - Get Free Report) last released its earnings results on Tuesday, February 10th. The company reported $0.15 EPS for the quarter, missing the consensus estimate of $0.16 by ($0.01). Mirion Technologies had a return on equity of 6.97% and a net margin of 3.11%.The firm had revenue of $277.40 million during the quarter, compared to analysts' expectations of $281.17 million. During the same period in the previous year, the firm posted $0.17 earnings per share. The firm's revenue was up 9.1% on a year-over-year basis. Mirion Technologies has set its FY 2026 guidance at 0.500-0.570 EPS. As a group, sell-side analysts predict that Mirion Technologies will post 0.39 earnings per share for the current year.

Institutional Investors Weigh In On Mirion Technologies

Institutional investors have recently bought and sold shares of the business. Advisory Services Network LLC purchased a new position in shares of Mirion Technologies in the 3rd quarter valued at $25,000. Wolff Wiese Magana LLC purchased a new stake in Mirion Technologies during the 3rd quarter worth $26,000. Salomon & Ludwin LLC acquired a new stake in Mirion Technologies in the 3rd quarter valued at $30,000. UMB Bank n.a. increased its holdings in Mirion Technologies by 175.4% in the 4th quarter. UMB Bank n.a. now owns 1,344 shares of the company's stock valued at $31,000 after purchasing an additional 856 shares in the last quarter. Finally, Fortress Investment Group LLC purchased a new position in Mirion Technologies in the second quarter valued at about $32,000. 78.51% of the stock is currently owned by hedge funds and other institutional investors.

About Mirion Technologies

Mirion Technologies Inc NYSE: MIR is a leading global provider of radiation detection, measurement and monitoring solutions. The company's portfolio includes instrumentation, software and service offerings designed to detect, quantify and manage radiation in nuclear power, oil and gas, defense and homeland security, medical imaging and diagnostic applications. Mirion's product suite spans personal and environmental dosimetry, area monitors, digital imaging detectors and turnkey solutions for decommissioning and environmental remediation projects.

Mirion traces its origins to the combination of several established radiation measurement businesses, including the former Canberra nuclear instrumentation division, and has been supported by private equity investors before completing its initial public offering on the New York Stock Exchange in 2023.

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