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Mirion Technologies ( (MIR) ) just unveiled an announcement.
On September 25, 2025, Mirion Technologies announced an underwriting agreement with Goldman Sachs and Evercore for a public offering of 19,906,322 shares of Class A common stock, raising approximately $409.7 million. The proceeds, along with funds from a concurrent $375 million Convertible Notes Offering, are intended to finance capped call transactions and the acquisition of WCI-Gigawatt Intermediate Holdco, LLC, with any remaining funds used for general corporate purposes. The Convertible Notes Offering, completed on September 30, 2025, includes provisions for conversion and redemption, with a maturity date set for October 1, 2031.
The most recent analyst rating on (MIR) stock is a Buy with a $26.00 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 has a promising financial trajectory with strong revenue growth and cash flow management. However, the high P/E ratio suggests overvaluation, and challenges in certain segments pose risks. Positive technical indicators and strategic improvements from the earnings call contribute to a balanced outlook.
To see Spark’s full report on MIR stock, click here.
More about Mirion Technologies
Mirion Technologies is a global leader in radiation safety, science, and medicine, focusing on innovations that provide protection and harness the potential of ionizing radiation across various markets. The company is committed to advancements in nuclear energy through radiation safety technologies and improving cancer care quality through its medical solutions. Headquartered in Atlanta, Georgia, Mirion operates in 12 countries and employs around 2,800 people.
Average Trading Volume: 4,425,087
Technical Sentiment Signal: Buy
Current Market Cap: $5.26B
Learn more about MIR stock on TipRanks’ Stock Analysis page.