
Mirion Technologies (MIR) Stock Forecast & Price Target
Mirion Technologies (MIR) Analyst Ratings
Bulls say
Mirion Technologies Inc demonstrated robust financial performance with an EBITDA of $23.2 million, representing a year-over-year increase of 13.2%, supported by an adjusted EBITDA margin of 33.8%, which improved by 310 basis points compared to the previous year. The company's growth trajectory was significantly bolstered by strong demand in its Nuclear Power segment, which experienced a remarkable 17.6% year-over-year growth. This strong financial foundation and growth in key sectors highlight a positive outlook for the company's future performance.
Bears say
Mirion Technologies Inc. has experienced a concerning backlog dynamic, which is a critical indicator of future growth, as it trended downward quarter-over-quarter for the first three quarters of 2024 and remained flat in the fourth quarter. The most recent update for 1Q25 revealed a backlog of $814 million, showing minimal growth of only 0.2% quarter-over-quarter and a decline of 3.4% year-over-year, raising concerns about sustainability. Additionally, when accounting for a significant order from a Turkish project that was debooked, the adjusted backlog remained nearly flat year-over-year, indicating potential challenges in future demand and revenue generation.
This aggregate rating is based on analysts' research of Mirion Technologies and is not a guaranteed prediction by Public.com or investment advice.
Mirion Technologies (MIR) Analyst Forecast & Price Prediction
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