Baird and Goldman Sachs Lower Mirion Technologies, Inc. (MIR) Price Target But Stay Bullish

Mirion Technologies, Inc. (NYSE:MIR) is one of the best under-the-radar stocks to buy according to hedge funds.

On February 13, Baird lowered its price target on Mirion Technologies, Inc. (NYSE:MIR) from $30 to $29 and kept its Outperform rating on the stock.

This update came after the company reported mixed results for the fourth quarter. The research firm updated its model following the report. Baird noted that strong performance in the nuclear segment was a key highlight.

A day earlier, on February 12, Goldman Sachs also cut its price target on Mirion Technologies, Inc. (NYSE:MIR) from $33 to $29 and maintained its Buy rating on the stock. The research firm noted that Mirion Technologies, Inc. (NYSE:MIR) reported Q4 adjusted EBITDA of $77.6 million, which is an increase of 11.5% from $69.6 million in the same period in 2024. This performance was supported by strong margins in its Medical segment. Goldman Sachs noted that the company recorded orders of more than $400 million for the first time.

However, the research firm noted that the stock declined after the company reported weaker organic growth and issued guidance that suggests improved performance in the second half of 2026. Despite this, Goldman Sachs believes the outlook for the Nuclear segment is still strong and this presents a potential buying opportunity.

Mirion Technologies, Inc. (NYSE:MIR) is a global leader in radiation safety and science and medicine. The company provides radiation detection, measurement, analysis, and monitoring solutions to the nuclear, medical, defense, and research end markets.

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