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IRM Stock Chart & Stats
$128.31
-$2.65(-2.07%)
At close: 4:00 PM EDT
$128.31
-$2.65(-2.07%)
Day’s Range― - ―
52-Week Range$77.77 - $134.68
Previous CloseN/A
Volume566.78K
Average Volume (3M)1.90M
Market Cap
$36.34B
Enterprise Value$58.01K
Total Cash (Recent Filing)$204.79M
Total Debt (Recent Filing)$19.61B
Price to Earnings (P/E)87.8
Beta1.00
Next Earnings
Oct 29, 2026EPS Estimate
0.6Next Dividend Ex-DateN/A
Dividend Yield2.75%
Share Statistics
EPS (TTM)1.40
Shares Outstanding297,702,820
10 Day Avg. Volume2,070,234
30 Day Avg. Volume1,900,701
Financial Highlights & Ratios
PEG Ratio-8.61
Price to Book (P/B)-24.98
Price to Sales (P/S)3.55
P/FCF Ratio-26.30
Enterprise Value/Market Cap<0.01
Enterprise Value/Revenue<0.01
Enterprise Value/Gross Profit<0.01
Enterprise Value/Ebitda<0.01
Forecast
1Y Price Target
$145.00Price Target Upside13.01% Upside
Rating ConsensusStrong Buy
Number of Analyst Covering7
EPS Forecast (FY)2.37
Revenue Forecast (FY)$8.00B
Bulls Say, Bears Say
Bulls Say
Raised Guidance & Earnings MomentumManagement raised FY26 guidance with midpoints implying double-digit revenue, EBITDA and AFFO growth, reflecting durable demand across core and growth segments. Upgraded guidance improves planning visibility, supports reinvestment and signals sustainable operational leverage over the next 2–6 months.
Data Center Scale & PipelineRapid data center leasing and a large, multi-year energization pipeline provide structural recurring revenue with high EBITDA margins (52% in Q2). This asset-backed growth diversifies revenue, locks in long-term cash flows, and gives multi-quarter visibility into organic expansion and margin expansion potential.
ALM & Digital Business ExpansionStrong ALM and Digital growth shifts the portfolio toward higher-growth, higher-margin services and recurring digital revenues (DXP traction). This structural mix improvement increases revenue per customer, cross-sell potential, and reduces dependence on legacy records-only economics over the medium term.
Bears Say
High Leverage / Negative EquityA highly leveraged balance sheet with negative equity compresses financial flexibility, amplifies refinancing and interest-rate sensitivity risk, and constrains strategic optionality. Over 2–6 months this heightens vulnerability to market dislocations and limits the company's ability to fund growth or opportunistic M&A from internal capital.
Persistent Negative Free Cash FlowDespite improving operating cash flow, persistent negative free cash flow after capex means the firm relies on external financing to service debt and fund expansion. This structural cash-consumption pattern reduces capacity to accelerate deleveraging or increase shareholder returns without additional capital markets activity.
Project Lumpiness & Execution RiskLarge hyperscaler and ALM projects are lumpy and timing-sensitive; geographic build-outs still incomplete. These execution and timing risks introduce quarter-to-quarter volatility in revenue recognition and cash flow, making sustained growth dependent on consistent project wins and successful regional scaling.
Iron Mountain News
IRM FAQ
What was Iron Mountain’s price range in the past 12 months?
Iron Mountain lowest stock price was $77.77 and its highest was $134.68 in the past 12 months.
What is Iron Mountain’s market cap?
Iron Mountain’s market cap is $36.34B.
When is Iron Mountain’s upcoming earnings report date?
Iron Mountain’s upcoming earnings report date is Oct 29, 2026 which is in 68 days.
How were Iron Mountain’s earnings last quarter?
Iron Mountain released its earnings results on Aug 05, 2026. The company reported $0.6 earnings per share for the quarter, beating the consensus estimate of $0.543 by $0.057.
Is Iron Mountain overvalued?
According to Wall Street analysts Iron Mountain’s price is currently Undervalued.
Does Iron Mountain pay dividends?
Iron Mountain pays a Quarterly dividend of $0.864 which represents an annual dividend yield of 2.75%. See more information on Iron Mountain dividends here
What is Iron Mountain’s EPS estimate?
Iron Mountain’s EPS estimate is 0.6.
How many shares outstanding does Iron Mountain have?
Iron Mountain has 297,702,820 shares outstanding.
What happened to Iron Mountain’s price movement after its last earnings report?
Iron Mountain reported an EPS of $0.6 in its last earnings report, beating expectations of $0.543. Following the earnings report the stock price went up 1.291%.
Which hedge fund is a major shareholder of Iron Mountain?
Currently, no hedge funds are holding shares in IRM
What is the TipRanks Smart Score and how is it calculated?
Smart Score combines eight research factors - such as analyst recommendations, hedge fund trends, and technical indicators - to measure a stock’s outlook. These signals are unified into a single score that reflects bullish or bearish momentum. See detailed methodology
Iron Mountain Stock Smart Score
Outperform
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5
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8
9
10
Analyst Consensus
Strong Buy
Average Price Target:
$145.00 (13.01% Upside)
$145.00 (13.01% Upside)
Blogger Sentiment
Bullish
IRM Sentiment 70%
Sector Average 58%
Sector Average 58%
Hedge Fund Trend
Increased
By 50.9K Shares
Last Quarter.
Last Quarter.
Crowd Wisdom
Negative
Last 7 Days ▼ 0.6%
Last 30 Days ▼ 1.0%
Last 30 Days ▼ 1.0%
News Sentiment
Very Bullish
Bullish news 100%
Bearish news 0%
Bearish news 0%
Technicals
SMA
Positive
20 days / 200 days
Momentum
34.33%
12-Months-Change
Fundamentals
Return on Equity
2.75%
Trailing 12-Months
Asset Growth
8.82%
Trailing 12-Months
Company Description
Iron Mountain
Established in 1951, Iron Mountain Incorporated (NYSE: IRM) has become the world's foremost authority in storage and information management solutions. More than 225,000 organizations globally trust Iron Mountain with their critical assets. With an extensive physical infrastructure spanning over 90 million square feet, the company operates approximately 1,450 facilities in around 50 countries. Within this vast network, Iron Mountain safeguards billions of valued items, including vital corporate records, highly confidential digital assets, and invaluable cultural and historical artifacts. Their comprehensive suite of offerings encompasses secure document archiving, robust information governance, digital transformation initiatives, confidential destruction services, along with advanced data centers, cloud computing solutions, and specialized art storage and logistics. These services empower clients to mitigate costs and risks, ensure regulatory compliance, facilitate swift disaster recovery, and enable a more efficient, digital-first operational model.
IRM Company Deck
IRM Earnings Call
Q2 2026
0:00 / 0:00
Earnings Call Sentiment|Positive
The call conveyed strong, broad-based operational and financial momentum: record revenue, EBITDA and AFFO growth; rapid expansion in Data Center, ALM and Digital businesses; robust cash generation and improved leverage; and raised full-year guidance. Notable risks include FX variability, timing/lumpiness in hyperscaler projects (including a ~$30M timing benefit), memory-price variability affecting ALM, and the ongoing need to build scale in certain geographies. On balance, the favorable metrics, raised guidance, and strategic wins materially outweigh the manageable challenges.View all IRM earnings summariesIRM Revenue Breakdown
80.97% Global RIM
10.08% Global Data Center
8.95% Corporate and Other Business

IRM Stock 12 Month Forecast
All Analysts
Top Analysts
Average Price Target
$145.00
▲(13.01% Upside)
Technical Analysis
1 Day
3 Days
1 Week
1 Month
American Tower
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Uniti Group
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Blackstone Digital Infrastructure Trust, Inc.
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Ownership Overview
0.74% Insiders
26.75% Mutual Funds
14.78% Other Institutional Investors
26.13% Public Companies and Individual Investors










