MIR
Mirion Technologies Inc
NYSE: MIR · INDUSTRIALS · SPECIALTY INDUSTRIAL MACHINERY
$16.56
+0.91% today
Updated 2026-06-12
Market cap
$4.05B
P/E ratio
165.60
P/S ratio
4.13x
EPS (TTM)
$0.10
Dividend yield
—
52W range
$16 – $30
Volume
3.8M
Mirion Technologies Inc (MIR) Financial Forecast & Price Target 2030
Research-backed projections from analyst consensus, management guidance, and sector analysis.
Research-backed MIR price target 2030 projection accounting for share dilution, balance sheet debt, and time value of money.
Current price
$16.56
Today
Analyst consensus
$27.13
+63.83% · 12M
2030 Base
$14.39
-13.10% future
NPV today
$9.12
@ 10% WACC
10 analysts:
7 Buy1 Hold1 Sell
Management guidance
Mirion reaffirmed FY2026 revenue growth guidance of 22-24% (implying revenue of $1,130M-$1,151M), driven by nuclear power expansion and recent acquisitions (Paragon Energy Solutions completed Nov 2025). CEO Thomas Logan has emphasized sustained nuclear tailwinds and backlog conversion as primary drivers through 2026-2027.
Sources: Management guidance, analyst consensus, sector analysishigh confidence
MIR · Mirion Technologies Inc · Revenue & price projection · 2023–2030E
Actual / 2030 target Projected revenue Base case price Bull to bear range
Bear case (2030)
$5.54
NPV today: $3.51
Base case (2030)
$14.39
NPV today: $9.12
Bull case (2030)
$32.10
NPV today: $20.34
WallStSmart.com
MIR financial forecast · Research-backed projections
| Metric | 2025 | 2026 (E) | 2027 (E) | 2028 (E) | 2029 (E) | 2030 (E) ★ |
|---|---|---|---|---|---|---|
| Revenue | $0.9B | $1.1B | $1.4B | $1.7B | $1.9B | $2.2B |
| Revenue growth | 7.5% | 23.2% | 22.4% | 18.9% | 16.8% | 14.0% |
| Net margin | — | 12.5% | 13.4% | 14.0% | 14.5% | 14.8% |
| EPS | — | $0.58 | $0.76 | $0.94 | $1.13 | $1.31 |
| Diluted shares | — | 246M | 247M | 248M | 249M | 250M |
| Net debt | — | $1.15B | $1.09B | $1.02B | $927.86M | $827.77M |
| P/S multiple | — | 2.0x | 2.0x | 2.0x | 2.0x | 2.0x |
| Implied price (base) | — | $4.58 | $6.88 | $9.30 | $11.85 | $14.39 |
★ 2030E is the model's terminal target year. Implied price = (Revenue × P/S − Net debt) ÷ Diluted shares.
Scenario detail · Three drivers, three outcomes
| 2030E driver | Bear | Base | Bull |
|---|---|---|---|
| Revenue | $2.2B | $2.2B | $2.2B |
| P/S multiple | 1.0x | 2.0x | 4.0x |
| Diluted shares | 250M | 250M | 250M |
| Net debt | $827.77M | $827.77M | $827.77M |
| Implied P/E † | 4x | 11x | 25x |
| 2030 Price | $5.54 | $14.39 | $32.10 |
| NPV @ 10% | $3.51 | $9.12 | $20.34 |
† Implied P/E: Multiples remain elevated across all three scenarios because MIR is valued primarily on revenue scale during its growth phase, not near-term earnings power. Lower P/E in the bear case reflects multiple compression, but the absolute level stays high since 2030E still represents a hypergrowth-to-mature transition year.
EV to per-share bridge · How we get to $14.39 base case
MIR catalysts and risks
Growth catalysts
+ Nuclear power generation expansion globally (U.S. DoE nuclear push, international grid investments)
+ Backlog conversion (record Q4 2025 orders, strong order momentum into 2026)
+ M&A accretion (Paragon Energy Solutions integration, margin expansion opportunity)
+ Radiation monitoring/safety market share gains in advanced reactor segment
Key risks
- Acquisition integration execution risk (Paragon, prior deals) — margin pressure seen in Q1 2026
- EPS volatility masking revenue strength (Q1 2026 GAAP loss despite 27.5% revenue growth; one-time CEO grant charges)
- Valuation risk: P/S ratio of 4.6x-5.5x exceeds specialty industrial peers; limited room for deceleration
- Supply chain constraints or customer project delays in nuclear build cycle
Methodology · Mirion Technologies Inc 2030 stock forecast model
Mirion Technologies Inc 2030 price target is calculated using WallStSmart's research model. Revenue projections are derived from analyst consensus across 10 Wall Street analysts, management guidance from the latest earnings call, and sector growth forecasts. The model is built on five core components:
| 1. Share dilution | Projected from per-ticker schedule of SBC + equity raise activity, compounding year by year (2% cumulative for MIR by 2030) |
| 2. Net debt | EV minus net debt yields equity value; debt projected from capex cycle trajectory ($827.77M by 2030) |
| 3. Time value | NPV calculated using 10% WACC (CAPM: beta 1.074) |
| 4. Multiple framework | P/S compresses with scale: bear 1.0x / base 2.0x / bull 4.0x |
| 5. Scenario design | Bull/Base/Bear vary revenue, margin, shares, debt, and multiple independently |
WallStSmart research model · Not financial advice · Past performance is not indicative of future results · Last researched: May 21, 2026.
MIR price target FAQ
What is the MIR price target for 2030?
WallStSmart's Mirion Technologies Inc 2030 base case is $14.39 per share, with a bull case of $32.10 and bear case of $5.54. The NPV of the base case discounted to today at 10% WACC is $9.12.
How is the Mirion Technologies Inc 2030 stock forecast calculated?
The MIR 2030 projection multiplies projected revenue by a growth-adjusted P/S multiple to derive enterprise value, subtracts projected net debt to get equity value, then divides by diluted shares outstanding accounting for dilution from stock-based compensation and equity raises.
Why does the MIR price target account for dilution?
Mirion Technologies Inc is projected to grow diluted share count from 245M to 250M by 2030 (a 2% increase) through stock-based compensation and capital raises. Ignoring this would inflate the price target by approximately 2%.
What is the analyst consensus on MIR stock?
10 analysts cover MIR with an average 12-month price target of $27.13. The 2030 projection extends this framework with longer-horizon assumptions including dilution and time value of money.