Mirion Technologies’ (MIR) Buy Rating Reiterated at B. Riley Financial

B. Riley Financial reiterated their buy rating on shares of Mirion Technologies (NYSE:MIR – Free Report) in a research note released on Thursday,Benzinga reports. B. Riley Financial currently has a $25.00 price target on the stock, down from their prior price target of $27.00.

A number of other analysts have also recently commented on MIR. Jefferies Financial Group started coverage on shares of Mirion Technologies in a research note on Thursday, September 3rd. They issued a “buy” rating and a $20.00 target price for the company. The Goldman Sachs Group restated a “buy” rating and set a $23.00 price target on shares of Mirion Technologies in a research note on Wednesday, July 29th. Weiss Ratings raised shares of Mirion Technologies from a “sell (d)” rating to a “hold (c)” rating in a report on Monday, August 3rd. Citigroup decreased their price target on shares of Mirion Technologies from $28.00 to $24.00 and set a “buy” rating for the company in a report on Thursday, July 30th. Finally, Morgan Stanley lowered their price objective on shares of Mirion Technologies from $27.00 to $25.00 and set an “equal weight” rating for the company in a research note on Monday, July 13th. One research 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 company. Based on data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average price target of $24.88.

Read Our Latest Analysis on Mirion Technologies

Mirion Technologies Price Performance

Shares of NYSE MIR opened at $18.32 on Thursday. 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 company has a market cap of $4.56 billion, a PE ratio of 152.68 and a beta of 1.10. The business has a 50-day simple moving average of $15.68 and a two-hundred day simple moving average of $18.36. Mirion Technologies has a fifty-two week low of $14.04 and a fifty-two week high of $29.83.

Mirion Technologies (NYSE:MIR – Get Free Report) last issued its quarterly earnings results on Tuesday, October 27th. The company reported $0.12 earnings per share for the quarter, hitting analysts’ consensus estimates of $0.12. Mirion Technologies had a return on equity of 6.82% and a net margin of 2.69%. The business had revenue of $277.80 million for the quarter, compared to analyst estimates of $275.35 million. During the same quarter in the previous year, the firm earned $0.01 earnings per share. The company’s revenue was up 24.5% on a year-over-year basis. As a group, equities analysts expect that Mirion Technologies will post 0.54 EPS for the current fiscal year.

Institutional Inflows and Outflows

Institutional investors have recently modified their holdings of the company. Versant Capital Management Inc boosted its holdings 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 purchasing an additional 751 shares during the last quarter. GAMMA Investing LLC grew its position in Mirion Technologies by 65.1% during the 3rd 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 period. Assetmark Inc. grew its position in Mirion Technologies by 8,123.8% during the 1st quarter. Assetmark Inc. now owns 3,454 shares of the company’s stock worth $64,000 after purchasing an additional 3,412 shares during the period. Covestor Ltd raised its stake in shares of Mirion Technologies by 64.0% during the 3rd quarter. Covestor Ltd now owns 3,701 shares of the company’s stock valued at $52,000 after buying an additional 1,444 shares during the last quarter. Finally, Mirae Asset Global Investments Co. Ltd. purchased a new position in shares of Mirion Technologies during the 3rd quarter valued at about $73,000. 78.51% of the stock is currently owned by hedge funds and other institutional investors.

More Mirion Technologies News

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

  • Positive Sentiment: Strong growth outlook: Mirion projects 2026 revenue growth of 24%–25%, supported by demand across its businesses. The company also reported 24.5% year-over-year quarterly revenue growth, with revenue of $277.8 million exceeding analyst expectations. Mirion projects 2026 revenue growth article
  • Positive Sentiment: Near-term earnings estimate raised: Northland Securities increased its Q4 2026 EPS forecast to $0.22 from $0.21. Its estimates imply earnings growth through 2027, including $0.12 EPS in Q1, $0.15 in Q2, $0.16 in Q3 and $0.26 in Q4.
  • Positive Sentiment: Analyst support remains: B. Riley reaffirmed its “Buy” rating, although it reduced its price target to $25 from $27. Another recent report characterized analysts as bullish on Mirion and other industrial-goods companies. B. Riley analyst rating Analysts bullish on industrial-goods stocks
  • Neutral Sentiment: Quarterly execution was steady: Mirion’s latest reported EPS of $0.12 matched consensus, while revenue exceeded expectations. However, the company’s net margin remained low at 2.69%, limiting the immediate earnings benefit from rapid sales growth.
  • Negative Sentiment: Longer-term earnings forecast reduced: Northland cut its FY2027 EPS estimate to $0.69 from $0.71. The revision offsets the modest Q4 upgrade and suggests analysts see some pressure on future profitability.
  • Negative Sentiment: Margin and spending concerns: Management is resetting its 2028 margin target amid higher investment in artificial intelligence initiatives and the Paragon business. While these investments may support future growth, they could weigh on margins and earnings in the near term. Mirion Q3 2026 earnings call transcript

About Mirion Technologies

(Get Free Report)

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.

Further Reading

Analyst Recommendations for Mirion Technologies (NYSE:MIR)

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