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

Mirion Technologies, Inc. (NYSE:MIR)’s stock price was up 5.5% during mid-day trading on Wednesday. The company traded as high as $16.09 and last traded at $16.26. Approximately 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.

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

Wall Street Analyst Weigh In

MIR has been the topic of several research analyst reports. Citigroup cut their target price on Mirion Technologies from $28.00 to $24.00 and set a “buy” rating on the stock in a research report on Thursday, July 30th. Weiss Ratings upgraded Mirion Technologies from a “sell (d)” rating to a “hold (c)” rating in a research note on Monday, August 3rd. Morgan Stanley dropped their price target on Mirion Technologies from $27.00 to $25.00 and set an “equal weight” rating on the stock in a research report on Monday, July 13th. 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, July 29th. Finally, B. Riley Financial decreased their price objective on shares of Mirion Technologies from $29.00 to $27.00 and set a “buy” rating for the company in a report on Thursday, July 30th. One equities research analyst has rated the stock with a Strong Buy rating, seven have issued a Buy rating and two have assigned a Hold rating to the company. According to data from MarketBeat, the company currently has an average rating of “Moderate Buy” and an average target price of $25.12.

Mirion Technologies Stock Up 4.7%

The stock has a market capitalization of $4.02 billion, a P/E ratio of 161.00 and a beta of 1.10. The business has a 50-day simple moving average of $15.53 and a two-hundred day simple moving average of $18.48.

Mirion Technologies (NYSE:MIR) last posted its quarterly earnings data on Tuesday, October 27th. The company reported $0.12 earnings per share (EPS) for the quarter, hitting the consensus estimate of $0.12. The firm had revenue of $277.80 million for the quarter, compared to analyst estimates of $275.35 million. The firm’s quarterly revenue was up 24.5% compared to the same quarter last year. During the same period in the prior year, the company posted $0.01 EPS. On average, sell-side analysts forecast that Mirion Technologies, Inc. will post 0.55 earnings per share for the current year.

Institutional Investors Weigh In On Mirion Technologies

Several large investors have recently made changes to their positions in MIR. Versant Capital Management Inc lifted its holdings in shares of 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 in the last quarter. GAMMA Investing LLC raised its position in Mirion Technologies by 65.1% during the third quarter. GAMMA Investing LLC now owns 2,579 shares of the company’s stock worth $36,000 after acquiring an additional 1,017 shares in the last quarter. Assetmark Inc. lifted its stake in Mirion Technologies by 8,123.8% in 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 during the last quarter. GK Wealth Management LLC acquired a new position in shares of Mirion Technologies during the 3rd quarter worth approximately $75,000. Finally, Pinnacle Wealth Planning Services Inc. lifted its stake in shares of Mirion Technologies by 30.7% during the 3rd quarter. Pinnacle Wealth Planning Services Inc. now owns 7,096 shares of the company’s stock worth $100,000 after buying an additional 1,667 shares during the last quarter. Institutional investors own 78.51% of the company’s stock.

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.