Mirion Technologies

MIR · NYSE

$15.24+$0.31 (+2.08%)TodayMarket closed · Oct 20, 7:32 PM ET

Prev close $14.93

MIR analyst rating

BuyConsensus of 8 analysts over the last 12 months. 88% rate it a buy.

Strong buy0
Buy7
Hold1
Underperform0
Sell0

12-month price target · 13 analysts

Average $25.41 (+66.7% upside)

Low: $20.20
Now: $15.24
High: $34.77

Upgrades and downgrades

The latest rating actions, newest first

MIR analyst upgrades, downgrades and rating actions
Firm	Date	Action	Rating	Price target	Hit rate
Jefferies	Sep 3, 2026	Initiates	Buy	$20.00	57%
Citigroup	Jul 30, 2026	Maintains	Buy	$28.00 → $24.00	63%
B. Riley Securities	Jul 30, 2026	Maintains	Buy	$29.00 → $27.00	37%
Morgan Stanley	Jul 13, 2026	Maintains	Equal-Weight	$27.00 → $25.00	68%
Goldman Sachs	Jul 10, 2026	Maintains	Buy	$28.00 → $25.00	59%
Evercore ISI Group	May 4, 2026	Maintains	Outperform	$29.00 → $28.00	17%
Citigroup	Apr 30, 2026	Maintains	Buy	$29.00 → $28.00	63%
Baird	Mar 30, 2026	Maintains	Outperform	$29.00 → $26.00	66%
JP Morgan	Mar 26, 2026	Maintains	Overweight	$30.00 → $27.00	27%
Morgan Stanley	Mar 11, 2026	Maintains	Equal-Weight	$29.00 → $27.00	68%

The case for and against

Updated Jan 12, 2026

Bull case

Mirion Technologies Inc demonstrated robust financial performance with an EBITDA of $23.2 million, representing a year-over-year increase of 13.2%, supported by an adjusted EBITDA margin of 33.8%, which improved by 310 basis points compared to the previous year. The company's growth trajectory was significantly bolstered by strong demand in its Nuclear Power segment, which experienced a remarkable 17.6% year-over-year growth. This strong financial foundation and growth in key sectors highlight a positive outlook for the company's future performance.

Bear case

Mirion Technologies Inc. has experienced a concerning backlog dynamic, which is a critical indicator of future growth, as it trended downward quarter-over-quarter for the first three quarters of 2024 and remained flat in the fourth quarter. The most recent update for 1Q25 revealed a backlog of $814 million, showing minimal growth of only 0.2% quarter-over-quarter and a decline of 3.4% year-over-year, raising concerns about sustainability. Additionally, when accounting for a significant order from a Turkish project that was debooked, the adjusted backlog remained nearly flat year-over-year, indicating potential challenges in future demand and revenue generation.

Information on this page is provided for informational purposes only and is not a recommendation to buy, sell or hold any security. Investing involves risk, including possible loss of principal. Market data is delayed at least 15 minutes and is provided without warranty. Analyst ratings, price targets and company data come from third-party sources. Past performance does not guarantee future results.