Mirion Technologies (NYSE:MIR) Stock Price Up 5.5% – What’s Next?

Mirion Technologies, Inc. (NYSE:MIR)’s stock price shot up 5.5% on Wednesday. The company traded as high as $16.09 and last traded at $16.26. 536,628 shares were traded during mid-day trading, a decline of 86% from the average daily volume of 3,764,130 shares. The stock had previously closed at $15.41.

Trending Headlines about Mirion Technologies

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

• Positive Sentiment: Northland Securities raised its Q4 2026 EPS forecast to $0.22 from $0.21 and projects FY2027 EPS of $0.69. The firm’s quarterly estimates imply continued earnings growth through 2027, supporting the investment case.
• Positive Sentiment: Mirion reported stronger third-quarter profitability and has projected 2026 revenue growth of 24%–25%. The company’s results also showed revenue up 24.5% year over year, with quarterly revenue of $277.8 million exceeding analyst expectations. Mirion Technologies Inc. Profit Advances In Q3
• Positive Sentiment: B. Riley reaffirmed its “buy” rating and maintained a $25.00 upside target, implying meaningful potential appreciation from the referenced share price.
• Neutral Sentiment: Options activity was unusually bullish, with investors purchasing 13,224 call options—about 576% above typical volume. This may indicate increased speculative interest but does not directly affect Mirion’s fundamentals.
• Negative Sentiment: Northland lowered its FY2027 EPS forecast to $0.69 from $0.71, suggesting modestly softer expectations for full-year profitability despite the higher Q4 2026 estimate.
• Negative Sentiment: B. Riley reduced its price target to $25 from $27 while keeping its buy rating, signaling less upside under its revised assumptions.
• Negative Sentiment: Mirion is increasing investment in artificial intelligence and its Paragon business, which led management to reset its 2028 margin target. The spending could support long-term growth but may pressure profitability in the near term. Mirion Projects 2026 Revenue Growth While Resetting 2028 Margin Target

Wall Street Analyst Weigh In

MIR has been the subject of several recent analyst reports. B. Riley Financial restated a “buy” rating and set a $25.00 target price (down from $27.00) on shares of Mirion Technologies in a research note on Thursday. Morgan Stanley reduced their price target on Mirion Technologies from $27.00 to $25.00 and set an “equal weight” rating for the company in a report on Monday, July 13th. The Goldman Sachs Group restated a “buy” rating and set a $23.00 price objective on shares of Mirion Technologies in a research note on Wednesday, July 29th. Citigroup dropped their price objective on Mirion Technologies from $28.00 to $24.00 and set a “buy” rating on the stock in a report on Thursday, July 30th. Finally, Weiss Ratings raised Mirion Technologies from a “sell (d)” rating to a “hold (c)” rating in a research report on Monday, August 3rd. One investment analyst has rated the stock with a Strong Buy rating, seven have assigned a Buy rating and two have assigned a Hold rating to the company. According to data from MarketBeat, Mirion Technologies presently has a consensus rating of “Moderate Buy” and a consensus price target of $24.88.

Mirion Technologies Trading Up 11.1%

The company has a debt-to-equity ratio of 0.65, a quick ratio of 2.63 and a current ratio of 3.02. The business’s 50 day moving average price is $15.62 and its 200-day moving average price is $18.40. The firm has a market cap of $4.63 billion, a price-to-earnings ratio of 155.10 and a beta of 1.10.

Mirion Technologies (NYSE:MIR) last released its earnings results on Tuesday, October 27th. The company reported $0.12 EPS for the quarter, hitting analysts’ consensus estimates of $0.12. The company had revenue of $277.80 million for the quarter, compared to the consensus estimate of $275.35 million. Mirion Technologies had a return on equity of 6.82% and a net margin of 2.69%. Mirion Technologies’s quarterly revenue was up 24.5% compared to the same quarter last year. During the same quarter last year, the business posted $0.01 EPS. Equities analysts expect that Mirion Technologies, Inc. will post 0.54 EPS for the current year.

Hedge Funds Weigh In On Mirion Technologies

Several large investors have recently added to or reduced their stakes in MIR. Dimensional Fund Advisors LP lifted its holdings in Mirion Technologies by 14.4% in the first quarter. Dimensional Fund Advisors LP now owns 4,694,288 shares of the company’s stock worth $87,240,000 after acquiring an additional 591,730 shares during the last quarter. Bank of New York Mellon Corp boosted its stake in Mirion Technologies by 47.4% in the first quarter. Bank of New York Mellon Corp now owns 4,536,732 shares of the company’s stock valued at $84,338,000 after acquiring an additional 1,459,787 shares during the period. Maverick Capital Ltd. bought a new position in shares of Mirion Technologies during the first quarter valued at approximately $49,261,000. Emerald Advisers LLC grew its holdings in shares of Mirion Technologies by 21.5% during the first quarter. Emerald Advisers LLC now owns 1,381,574 shares of the company’s stock valued at $25,683,000 after purchasing an additional 244,428 shares during the last quarter. Finally, Stephens Investment Management Group LLC raised its position in shares of Mirion Technologies by 69.7% during the 1st quarter. Stephens Investment Management Group LLC now owns 1,374,876 shares of the company’s stock worth $25,559,000 after purchasing an additional 564,933 shares during the period. 78.51% of the stock is currently owned by institutional investors.

About Mirion Technologies

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.