Mirion Technologies (NYSE:MIR) Shares Up 5.5% – Here’s Why

Mirion Technologies, Inc. (NYSE:MIR) shares traded up 5.5% on Wednesday. The stock traded as high as $16.09 and last traded at $16.26. 536,628 shares traded hands during trading, a decline of 86% from the average session volume of 3,764,130 shares. The stock had previously closed at $15.41.

Key Stories Impacting Mirion Technologies

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

• Positive Sentiment: Third-quarter revenue rose 24.5% year over year to $277.8 million, exceeding the approximately $275.4 million analyst estimate. The company reported adjusted earnings of $0.12 per share, in line with consensus, while profit advanced from the prior-year period. Mirion Technologies Inc. Profit Advances In Q3
• Positive Sentiment: Nuclear-related orders reportedly surged 105%, and management raised its guidance, signaling stronger demand for Mirion’s radiation detection, measurement and nuclear-industry products. Mirion Technologies Q3 2026: Nuclear Orders Surge 105%, Guidance Raised
• Neutral Sentiment: The earnings release met Wall Street’s $0.12-per-share estimate rather than exceeding it. Adjusted earnings were described as unchanged, making the revenue growth and outlook the primary positive drivers for the stock. Mirion Technologies Q3 Adjusted Earnings Unchanged as Revenue Rises
• Neutral Sentiment: Analyst coverage also highlighted the contrast between Mirion and Actelis Networks, but the comparison does not represent a new operating development for Mirion. Mirion Technologies vs. Actelis Networks Critical Contrast

Analyst Ratings Changes

Several analysts have issued reports on the company. Morgan Stanley lowered their target price 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. The Goldman Sachs Group reaffirmed a “buy” rating and issued a $23.00 price target on shares of Mirion Technologies in a research note on Wednesday, July 29th. Jefferies Financial Group started coverage on shares of Mirion Technologies in a report on Thursday, September 3rd. They issued a “buy” rating and a $20.00 price objective for the company. B. Riley Financial lowered their price target on Mirion Technologies from $29.00 to $27.00 and set a “buy” rating for the company in a research report on Thursday, July 30th. Finally, Citigroup dropped their price target on shares of Mirion Technologies from $28.00 to $24.00 and set a “buy” rating on the stock in a report on Thursday, July 30th. One 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 MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average target price of $25.12.

Mirion Technologies Trading Up 4.7%

The firm has a market capitalization of $4.02 billion, a P/E ratio of 161.00 and a beta of 1.10. The firm has a 50 day moving average price of $15.53 and a 200-day moving average price of $18.48.

Mirion Technologies (NYSE:MIR) last released its quarterly earnings data on Tuesday, October 27th. The company reported $0.12 EPS for the quarter, hitting the consensus estimate of $0.12. The firm had revenue of $277.80 million for the quarter, compared to analysts’ expectations of $275.35 million. During the same quarter in the previous year, the business earned $0.01 earnings per share. The company’s revenue for the quarter was up 24.5% compared to the same quarter last year. Research analysts anticipate that Mirion Technologies, Inc. will post 0.55 earnings per share for the current year.

Institutional Trading of Mirion Technologies

A number of institutional investors have recently modified their holdings of the company. Versant Capital Management Inc increased its position in shares of Mirion Technologies by 42.8% during the third quarter. Versant Capital Management Inc now owns 2,505 shares of the company’s stock worth $35,000 after purchasing an additional 751 shares in the last quarter. GAMMA Investing LLC increased its stake in Mirion Technologies by 65.1% during the 3rd quarter. GAMMA Investing LLC now owns 2,579 shares of the company’s stock valued at $36,000 after purchasing an additional 1,017 shares in the last quarter. Assetmark Inc. increased its stake in Mirion Technologies by 8,123.8% during the 1st quarter. Assetmark Inc. now owns 3,454 shares of the company’s stock valued at $64,000 after purchasing an additional 3,412 shares in the last quarter. GK Wealth Management LLC purchased a new stake in shares of Mirion Technologies during the third quarter valued at $75,000. Finally, Pinnacle Wealth Planning Services Inc. increased its position 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 valued at $100,000 after acquiring an additional 1,667 shares during the period. 78.51% of the stock is currently owned by institutional investors.

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.