Mirion Technologies Announces $300M Convertible Notes Offering

Mirion Technologies ( (MIR) ) just unveiled an update.

On May 20, 2025, Mirion Technologies announced its plan to offer $300 million in Convertible Senior Notes due 2030 in a private placement to qualified institutional buyers. The proceeds from this offering will be used to refinance existing loans, repurchase shares, and for general corporate purposes, potentially impacting the company’s market positioning by providing greater financial flexibility.

The most recent analyst rating on (MIR) stock is a Buy with a $12.00 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 Outperform.

Mirion Technologies presents a solid growth trajectory with strong revenue growth, improved margins, and reduced debt, enhancing its financial stability. Positive technical indicators and strong earnings call highlights reinforce a favorable outlook. However, the negative P/E ratio and challenges in achieving consistent profitability temper the score, with strategic initiatives and market opportunities offering potential for future improvement.

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

More about Mirion Technologies

Mirion Technologies, Inc. operates in the technology industry, focusing on providing radiation detection and measurement solutions. The company offers products and services primarily for the medical, nuclear, and defense markets.

Average Trading Volume: 1,725,195

Technical Sentiment Signal: Buy

Current Market Cap: $4.07B

Find detailed analytics on MIR stock on TipRanks’ Stock Analysis page.