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Mirion Technologies Acquires Paragon Energy for $585 Million

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Mirion Technologies Acquires Paragon Energy for $585 Million

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Mirion Technologies ( (MIR) ) has issued an announcement.

On September 24, 2025, Mirion Technologies announced its acquisition of Paragon Energy Solutions for $585 million in an all-cash transaction. This strategic move is expected to enhance Mirion’s market position by integrating Paragon’s operations, potentially generating commercial and cost synergies, although the deal is subject to regulatory approvals and customary closing conditions.

The most recent analyst rating on (MIR) stock is a Hold with a $27.00 price target. To see the full list of analyst forecasts on Mirion Technologies stock, see the MIR Stock Forecast page.

Spark’s Take on MIR Stock

According to Spark, TipRanks’ AI Analyst, MIR is a Neutral.

Mirion Technologies is on a positive trajectory with strong financial performance and technical momentum. However, the high P/E ratio suggests potential overvaluation, and challenges in certain segments pose risks. The strategic initiatives and improved capital structure are positives, but ongoing market headwinds need to be monitored.

To see Spark’s full report on MIR stock, click here.

More about Mirion Technologies

Mirion Technologies, Inc. operates in the nuclear industry, providing radiation detection, measurement, analysis, and monitoring products and services. The company focuses on serving customers in the nuclear, defense, medical, and research sectors.

Average Trading Volume: 3,903,546

Technical Sentiment Signal: Buy

Current Market Cap: $5.14B

For an in-depth examination of MIR stock, go to TipRanks’ Overview page.

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