Mirion Technologies (NYSE:MIR) Price Target Cut to $29.00 by Analysts at Citigroup

Mirion Technologies (NYSE:MIR) had its target price lowered by Citigroup from $32.00 to $29.00 in a research report released on Thursday morning,Benzinga reports. The brokerage currently has a buy rating on the stock.

A number of other equities research analysts have also issued reports on MIR. Morgan Stanley started coverage on shares of Mirion Technologies in a research note on Friday, January 23rd. They set an “equal weight” rating and a $29.00 target price for the company. Evercore started coverage on Mirion Technologies in a report on Tuesday, November 25th. They set an “outperform” rating and a $29.00 price objective for the company. The Goldman Sachs Group lowered their target price on Mirion Technologies from $33.00 to $29.00 and set a “buy” rating on the stock in a research note on Thursday. Finally, JPMorgan Chase & Co. raised their price target on Mirion Technologies from $28.00 to $34.00 and gave the stock an “overweight” rating in a research note on Thursday, October 30th. Seven analysts have rated the stock with a Buy rating and two have given a Hold rating to the company. According to MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average price target of $28.38.

Mirion Technologies Trading Up 2.2%

NYSE:MIR opened at $21.52 on Thursday. The stock has a market cap of $5.46 billion, a PE ratio of 195.65 and a beta of 0.97. Mirion Technologies has a fifty-two week low of $12.00 and a fifty-two week high of $30.28. The company has a debt-to-equity ratio of 0.62, a current ratio of 2.84 and a quick ratio of 4.32. The stock’s 50-day moving average is $24.73 and its two-hundred day moving average is $23.94.

Mirion Technologies (NYSE:MIR) last posted its quarterly earnings results on Tuesday, February 10th. The company reported $0.15 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.16 by ($0.01). Mirion Technologies had a return on equity of 6.97% and a net margin of 3.11%.The company had revenue of $277.40 million during the quarter, compared to analysts’ expectations of $281.17 million. During the same period last year, the company earned $0.17 earnings per share. Mirion Technologies’s revenue for the quarter was up 9.1% compared to the same quarter last year. Mirion Technologies has set its FY 2026 guidance at 0.500-0.570 EPS. As a group, equities research analysts forecast that Mirion Technologies will post 0.39 earnings per share for the current fiscal year.

Insider Buying and Selling

In other news, Director Lawrence D. Kingsley sold 350,000 shares of Mirion Technologies stock in a transaction that occurred on Wednesday, December 10th. The shares were sold at an average price of $24.73, for a total value of $8,655,500.00. Following the transaction, the director owned 3,509,075 shares of the company’s stock, valued at $86,779,424.75. This trade represents a 9.07% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. 6.30% of the stock is currently owned by company insiders.

Institutional Inflows and Outflows

Several institutional investors have recently bought and sold shares of MIR. Vanguard Group Inc. boosted its holdings in Mirion Technologies by 28.0% during the third quarter. Vanguard Group Inc. now owns 30,418,327 shares of the company’s stock valued at $707,530,000 after acquiring an additional 6,651,735 shares during the period. Tudor Investment Corp ET AL boosted its holdings in Mirion Technologies by 174,900.0% during the third quarter. Tudor Investment Corp ET AL now owns 17,500,000 shares of the company’s stock valued at $407,050,000 after purchasing an additional 17,490,000 shares in the last quarter. Cooperman Leon G grew its position in Mirion Technologies by 17.7% in the third quarter. Cooperman Leon G now owns 8,383,441 shares of the company’s stock valued at $194,999,000 after acquiring an additional 1,258,441 shares during the period. Geode Capital Management LLC increased its position in shares of Mirion Technologies by 2.8% during the 4th quarter. Geode Capital Management LLC now owns 5,786,596 shares of the company’s stock worth $135,545,000 after purchasing an additional 157,687 shares in the last quarter. Finally, Massachusetts Financial Services Co. MA raised its stake in shares of Mirion Technologies by 40.6% in the third quarter. Massachusetts Financial Services Co. MA now owns 5,391,772 shares of the company’s stock valued at $125,413,000 after acquiring an additional 1,558,104 shares during the last quarter. Institutional investors own 78.51% of the company’s stock.

Key Headlines Impacting Mirion Technologies

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

• Positive Sentiment: Company projects strong 2026 revenue growth (22–24%) and is expanding nuclear power exposure through the Paragon and Certrec acquisitions — this supports higher future revenue and strategic positioning in a growing end market. Mirion projects 22–24% revenue growth in 2026
• Positive Sentiment: Goldman Sachs kept a “buy” rating while lowering its price target to $29 — the new PT implies significant upside (~34.8%) from the current level, signaling continued analyst conviction despite the cut. Goldman Sachs price-target note
• Positive Sentiment: Citigroup also trimmed its price target to $29 but maintained a “buy” rating, similarly implying substantial upside — another vote of confidence from the sell-side. Citigroup price-target note
• Positive Sentiment: Corporate leadership moves: Mirion named a Chief Nuclear Officer and made other executive appointments to accelerate strategic growth and operational focus — governance and leadership reinforcement support execution of the nuclear strategy. Mirion Announces Executive Appointments
• Neutral Sentiment: Broader analyst commentary and coverage pieces are discussing Mirion alongside industrial peers — useful for context but not new catalytic news. Analysts Offer Insights on Industrial Goods Companies
• Negative Sentiment: Q4 results slightly missed expectations (EPS and revenue miss), which triggered an immediate stock decline after the print — near-term sentiment was hurt by the earnings miss and corresponding sell-off. Mirion falls as Q4 earnings miss estimates
• Negative Sentiment: Quarterly call/transcript highlights the miss and incremental details from management — investors will watch management’s cadence on margin recovery and integration of recent acquisitions. Mirion Q4 2025 Earnings Call Transcript

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.