Core Viewpoint - Mirion, a leader in radiation detection and monitoring solutions, has announced new leadership appointments to enhance its focus on safety, innovation, operational excellence, and long-term growth [1] Leadership Appointments - Tighe Smith has been promoted to the newly created role of Chief Nuclear Officer, reporting to Thomas Logan [1]

Core Insights - Mirion Technologies, Inc. (NYSE:MIR) is recognized as one of the best stocks to buy for investment, with shares increasing over 73% in the past year as of January 27 [1] - Analysts show strong confidence in MIR, with 89% rating it a Buy and a median price target of $29, indicating an upside potential of nearly 14% [1] - Morgan Stanley has initiated coverage of MIR with an Equal Weight rating and a price target of $29, reflecting optimism about the company's growth prospects in the nuclear power sector [2][3] Company Overview - Mirion Technologies specializes in radiation detection, measurement, analysis, and monitoring products and services, operating through two segments: Medical and Nuclear & Safety [4] - The company's nuclear power solutions are utilized in over 95% of the world's nuclear reactors, while its medical products are present in 80% of cancer centers globally [3] Market Position and Strategy - The recent acquisition of Paragon Energy Solutions enhances Mirion's safety-related offerings for nuclear power plants and strengthens its position in the small modular reactor (SMR) market [3] - Analysts believe that the company will benefit from the increasing global nuclear power generation capacity, driven by the growth of data centers and the rapid adoption of new technologies [3]

Core Insights - TimesSquare Capital Management's "U.S. Small Cap Growth Strategy" reported a gross return of 2.26% and a net return of 2.01% for Q3 2025, significantly underperforming the Russell 2000 Growth Index, which returned 12.19% during the same period [1] - The fund's top five holdings include Mirion Technologies, Inc., which has shown a 44.66% increase in share value over the last 52 weeks [2] Company Overview - Mirion Technologies, Inc. specializes in radiation detection, measurement, analysis, and monitoring products, serving the Medical and Nuclear & Safety segments [2][3] - The company’s nuclear power solutions are utilized in over 95% of the world's nuclear reactors, while its medical products are present in 80% of the world's cancer centers [3] Financial Performance - In Q3 2025, Mirion Technologies reported revenue of $223 million, reflecting a year-over-year increase of nearly 8% [4] - As of January 5, 2026, Mirion's stock closed at $24.65 per share, with a market capitalization of $6.024 billion [2] Strategic Developments - Mirion Technologies recently acquired Paragon Energy Solutions, enhancing its safety-related offerings for nuclear power plants and increasing its relevance in the small modular reactor (SMR) market [3] - The company is not among the top 30 most popular stocks among hedge funds, with 44 hedge fund portfolios holding its shares at the end of Q3 2025, down from 46 in the previous quarter [4]

Core Viewpoint - Mirion has successfully completed the acquisition of Paragon Energy Solutions, enhancing its capabilities in the nuclear power industry [1] Group 1: Acquisition Details - The acquisition integrates Paragon's engineering capabilities specifically tailored for the nuclear power sector [1]

Core Viewpoint - Mirion has entered into a definitive agreement to acquire Paragon Energy Solutions for approximately $585 million in cash, enhancing its capabilities in the nuclear power industry and expanding its global reach [1][2]. Company Overview - Mirion is a global provider of radiation detection, measurement, analysis, and monitoring solutions, serving various end markets including nuclear, medical, defense, and research [13]. - Paragon Energy Solutions specializes in engineered solutions for the nuclear power industry, with a strong portfolio that includes critical nuclear systems and over 20,000 proprietary parts [3][13]. Financial Aspects - The acquisition price of $585 million represents approximately 18 times Paragon's expected Adjusted EBITDA for 2026, which is projected to be around $150 million with margins of 20% - 22% [2][4]. - The acquisition is expected to be accretive to diluted EPS in the first full year post-close and generate annualized commercial and cost synergies of $10 million [4][5]. Strategic Implications - The transaction is anticipated to broaden Mirion's offerings for nuclear power customers, including small modular reactors (SMRs), and strengthen the global supply chain for nuclear operations [2][4]. - Mirion's Chairman emphasized that the complementary capabilities of both companies will enhance customer experience and support the growing needs of the nuclear power sector [2]. Operational Details - The acquisition is supported by a fully committed bridge facility, with permanent financing expected to maintain a pro forma net debt to Adjusted EBITDA ratio of approximately 3.5x or lower [5]. - The transaction is expected to close before the end of 2025, subject to customary closing conditions and regulatory review [5]. Market Guidance - Mirion has revised its organic revenue growth guidance for the fiscal year ending December 31, 2025, now expecting growth of approximately 4.5% – 6.0%, down from a previous estimate of 5.0% – 7.0% [7][8].

Industry Overview - The AI-powered data center industry is experiencing significant growth, with nuclear energy emerging as a key solution to meet rising global electricity demand and transition to cleaner energy sources [1] - President Donald Trump has issued four executive orders to modernize the U.S. nuclear sector, aiming to increase nuclear capacity from approximately 100 GW in 2024 to 400 GW by 2050 [2] Company Performance - Mirion Technologies Inc. reported adjusted EPS of $0.11 and revenues of $222.9 million, exceeding estimates by 4.2% [6][10] - BWX Technologies Inc. achieved adjusted EPS of $1.02 and revenues of $764.04 million, surpassing estimates by 6.7% [12][10] - GE Vernova Inc. posted quarterly earnings of $1.86 per share and revenues of $9.11 billion, exceeding estimates by 3.3% [24][10] Future Outlook - Mirion Technologies expects revenue growth of 7% to 9% year-over-year in 2025, with adjusted EPS projected at $0.48 to $0.52 [7] - BWX Technologies anticipates total revenues of $3.1 billion in 2025, an increase from the previous estimate of $3 billion [12] - GE Vernova forecasts 2025 revenues to trend toward the upper end of $36–37 billion, with an adjusted EBITDA margin projected to grow to 8–9% [25] Market Demand and Trends - The demand for nuclear energy is significantly boosting the need for original equipment manufacturers (OEMs) in the sector [3] - Mirion Technologies is focusing on digital innovation in radiation safety solutions, partnering with Westinghouse Electric Company [9] - BWX Technologies is benefiting from strong bookings and government contracts, with a total backlog reaching $6 billion, up 70% year-over-year [17] Strategic Initiatives - Mirion Technologies is expanding its reach in next-generation nuclear energy by collaborating with small modular reactor developers [8] - BWX Technologies is working with the U.S. government on advanced nuclear reactor projects and has secured new contracts in the defense market [19] - GE Vernova is enhancing its nuclear power business through collaborations for the deployment of its BWX-300 small modular reactors [28][29]