Mirion Technologies (NYSE:MIR) Stock Price Down 8% – Here’s Why

Mirion Technologies, Inc. (NYSE:MIR)’s share price dropped 8% during trading on Wednesday . The stock traded as low as $15.65 and last traded at $15.4480. Approximately 501,872 shares changed hands during trading, a decline of 86% from the average daily volume of 3,637,315 shares. The stock had previously closed at $16.79.

Key Mirion Technologies News

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

• Positive Sentiment: Mirion reported second-quarter adjusted EPS of $0.12, ahead of the $0.10 analyst consensus, while revenue rose 19.7% year over year to $266.8 million. The earnings beat and strong top-line growth provide support for the stock. Mirion Technologies Q2 Adjusted Earnings, Revenue Rise
• Positive Sentiment: Management maintained its 2026 outlook and expects second-half organic revenue growth of 7.5% to 11.2%, with EBITDA margins of 27% to 29%. Maintaining guidance may reassure investors that demand and profitability remain on track. Mirion maintains 2026 outlook
• Positive Sentiment: Citigroup reiterated a “buy” rating and set a $24 price target, while B. Riley maintained a “buy” rating with a $27 target. Both targets imply substantial potential appreciation from the current share price, despite being reduced. Analyst price-target updates
• Neutral Sentiment: The earnings call highlighted robust revenue growth and the company’s continuing execution, but investors are weighing that progress against the outlook and valuation. Mirion Technologies Q2 2026 Earnings Call Summary
• Negative Sentiment: Quarterly revenue of $266.8 million fell short of the $269.3 million consensus estimate. In addition, both Citi and B. Riley lowered their price targets, signaling more cautious near-term expectations even though their buy ratings remain intact. Mirion analyst price-target update

Analyst Ratings Changes

A number of research analysts have issued reports on the company. Citigroup decreased their price target on Mirion Technologies from $28.00 to $24.00 and set a “buy” rating for the company in a report on Thursday. B. Riley Financial dropped their price objective on shares of Mirion Technologies from $29.00 to $27.00 and set a “buy” rating on the stock in a research note on Thursday. Weiss Ratings lowered shares of Mirion Technologies from a “sell (d+)” rating to a “sell (d)” rating in a report on Monday, July 20th. Morgan Stanley decreased their target price 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. Finally, The Goldman Sachs Group restated a “buy” rating and set a $23.00 price target on shares of Mirion Technologies in a research report on Wednesday. One research analyst has rated the stock with a Strong Buy rating, seven have given a Buy rating, one has given a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average target price of $26.25.

Mirion Technologies Stock Up 2.2%

The company has a current ratio of 3.20, a quick ratio of 2.63 and a debt-to-equity ratio of 0.64. The company has a market cap of $3.73 billion, a price-to-earnings ratio of 148.90 and a beta of 1.03. The business has a fifty day moving average of $17.16 and a two-hundred day moving average of $19.76.

Mirion Technologies (NYSE:MIR) last announced its earnings results on Tuesday, July 28th. The company reported $0.12 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.10 by $0.02. Mirion Technologies had a return on equity of 6.59% and a net margin of 2.39%.The firm had revenue of $266.80 million for the quarter, compared to analyst estimates of $269.32 million. During the same quarter last year, the firm posted $0.11 EPS. The business’s revenue was up 19.7% on a year-over-year basis. Mirion Technologies has set its FY 2026 guidance at 0.480-0.550 EPS. As a group, equities analysts anticipate that Mirion Technologies, Inc. will post 0.53 EPS for the current fiscal year.

Insider Transactions at Mirion Technologies

In other Mirion Technologies news, CAO Christopher A. Moore sold 8,400 shares of the stock in a transaction on Thursday, May 7th. The shares were sold at an average price of $19.64, for a total transaction of $164,976.00. Following the transaction, the chief accounting officer directly owned 22,157 shares of the company’s stock, valued at $435,163.48. This trade represents a 27.49% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. 6.30% of the stock is currently owned by insiders.

Institutional Trading of Mirion Technologies

A number of institutional investors and hedge funds have recently modified their holdings of MIR. Tema ETFs LLC lifted its stake in Mirion Technologies by 45.4% in the 2nd quarter. Tema ETFs LLC now owns 226,408 shares of the company’s stock valued at $4,059,000 after buying an additional 70,668 shares in the last quarter. Balefire LLC purchased a new stake in Mirion Technologies during the 2nd quarter worth approximately $226,000. Altshuler Shaham Ltd raised its holdings in shares of Mirion Technologies by 12.3% during the first quarter. Altshuler Shaham Ltd now owns 13,147 shares of the company’s stock valued at $244,000 after acquiring an additional 1,443 shares during the last quarter. Amundi lifted its position in shares of Mirion Technologies by 198.3% in the first quarter. Amundi now owns 36,691 shares of the company’s stock valued at $682,000 after acquiring an additional 24,391 shares in the last quarter. Finally, California State Teachers Retirement System boosted its stake in shares of Mirion Technologies by 22.2% in the first quarter. California State Teachers Retirement System now owns 274,096 shares of the company’s stock worth $5,095,000 after acquiring an additional 49,751 shares during the last quarter. Hedge funds and other institutional investors own 78.51% of the company’s stock.

Mirion Technologies Company Profile

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.