Mirion Technologies (NYSE:MIR) Issues FY 2026 Earnings Guidance

Mirion Technologies (NYSE:MIR) updated its FY 2026 earnings guidance on Tuesday. The company provided earnings per share (EPS) guidance of 0.500-0.570 for the period, compared to the consensus estimate of 0.590. The company issued revenue guidance of $1.1 billion-$1.1 billion, compared to the consensus revenue estimate of $1.1 billion.

Analyst Upgrades and Downgrades

A number of equities analysts have recently weighed in on MIR shares. Evercore started coverage on Mirion Technologies in a research report on Tuesday, November 25th. They set an “outperform” rating and a $29.00 target price on the stock. Citigroup dropped their price objective on shares of Mirion Technologies from $35.00 to $33.00 and set a “buy” rating on the stock in a research note on Monday, December 8th. JPMorgan Chase & Co. boosted their target price on shares of Mirion Technologies from $28.00 to $34.00 and gave the stock an “overweight” rating in a research report on Thursday, October 30th. Finally, Morgan Stanley initiated coverage on shares of Mirion Technologies in a research report on Friday, January 23rd. They issued an “equal weight” rating and a $29.00 price target on the stock. Seven investment analysts have rated the stock with a Buy rating and two have given a Hold rating to the stock. According to MarketBeat, Mirion Technologies has a consensus rating of “Moderate Buy” and an average price target of $28.38.

Mirion Technologies Stock Performance

NYSE:MIR traded down $0.60 during trading hours on Tuesday, reaching $23.49. The stock had a trading volume of 3,497,443 shares, compared to its average volume of 2,583,317. The company has a debt-to-equity ratio of 0.63, a quick ratio of 4.32 and a current ratio of 4.83. The stock has a market cap of $5.96 billion, a P/E ratio of 213.56 and a beta of 0.97. Mirion Technologies has a 12-month low of $12.00 and a 12-month high of $30.28. The stock has a 50 day simple moving average of $24.91 and a 200 day simple moving average of $23.97.

Insider Activity at Mirion Technologies

In other news, Director Lawrence D. Kingsley sold 350,000 shares of the business’s stock in a transaction on Wednesday, December 10th. The shares were sold at an average price of $24.73, for a total transaction of $8,655,500.00. Following the completion of the transaction, the director directly owned 3,509,075 shares in the company, valued at $86,779,424.75. The trade was a 9.07% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. 2.20% of the stock is owned by insiders.

Institutional Trading of Mirion Technologies

Several institutional investors have recently added to or reduced their stakes in MIR. US Bancorp DE boosted its holdings in Mirion Technologies by 6.6% during the 3rd quarter. US Bancorp DE now owns 6,874 shares of the company’s stock valued at $160,000 after acquiring an additional 425 shares during the period. Global Retirement Partners LLC increased its stake in shares of Mirion Technologies by 78.4% in the fourth quarter. Global Retirement Partners LLC now owns 2,018 shares of the company’s stock worth $47,000 after buying an additional 887 shares during the period. Smartleaf Asset Management LLC raised its holdings in Mirion Technologies by 18.1% during the 2nd quarter. Smartleaf Asset Management LLC now owns 6,146 shares of the company’s stock valued at $133,000 after buying an additional 941 shares during the last quarter. Advisory Services Network LLC purchased a new stake in Mirion Technologies during the 3rd quarter valued at $25,000. Finally, EverSource Wealth Advisors LLC grew its holdings in Mirion Technologies by 470.1% in the 2nd quarter. EverSource Wealth Advisors LLC now owns 1,642 shares of the company’s stock worth $35,000 after acquiring an additional 1,354 shares during the last quarter. 78.51% of the stock is currently owned by hedge funds and other institutional investors.

About Mirion Technologies

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.