Iron Mountain (IRM) Stock Analysis & Forecast

Iron Mountain Incorporated (Delaware). Finance sector. Market cap $34.02B.

$114.34+0.34 (+0.3%)

Close on Sep 18, 2026. Page updated Sep 19, 9:16 pm ET.

Gekko Brief

AI summary

Iron Mountain closes at $114.34, up 0.3%, sitting between its 50-day average of $121.03 and 200-day average of $110.83. The GekkoIndex reads 64.3, placing the stock in the Accumulation zone, while the gap to Gekko Fair Value of $131.10 stands at -12.8%. Over the past month the stock is down 6.3%, and it is off 10.6% over three months, though it remains up 9% over six months and 14.9% over one year.

Recent coverage centers on quarterly results and institutional positioning alongside a legal dispute. Reports on Q1 and Q2 2025 earnings show mixed outcomes, with one quarter beating EPS estimates at $0.43 versus consensus while missing revenue slightly at $1.59 billion, and another missing EPS at $0.48 versus an expected $0.50 while topping revenue at $1.71 billion, an 11.57% year-over-year gain. Bank of America Corp DE disclosed a new stake of 1.12 million shares valued near $141.3 million. Separately, Iron Mountain is suing the UK Home Office over a £140 million passport contract bid, alleging penalty terms were altered unlawfully. The company also announced a digitization partnership with the Opéra national de Paris.

Looking ahead, Iron Mountain's next earnings report is set for 4 November 2026, before the open, 45 days out and beyond a typical 20-trading-day hold. Its last report showed an 11.1% price reaction with EPS of $0.60 against a $0.51 estimate. Five analysts covering the stock all rate it buy, with a consensus target of $146.20, implying 27.9% upside. Seasonality over five years shows an average 20-day return of -1.8%, positive in 3 of those years.

Written by AI and checked automatically against the figures on this page. Generated Sep 20, 2026 from the data above.

Price vs fair value

Close $114.34200-day averageGekko Fair Value $131.10

Key stats

Market cap
$34.02B
P/E ratio
79.2
Forward P/E
56.8
EPS, TTM
$1.44
Revenue, TTM
$7.56B
Profit margin
5.5%
Dividend yield
3.01%
Beta
1.20
Volume
2.82M avg 1.57M
1-year return
+14.9%
Typical daily move
±3%
Typical 20-day move
±5.8%
50-day average
$121.03
200-day average
$110.83
Next earnings
Nov 4 before open
Shares outstanding
297.7M
52-week range
$77.77$134.68

Iron Mountain swing-trade checklist

Iron Mountain scores 3 supportive, 2 mixed and 0 headwinds across the 5 checklist items with data.

Six things swing traders check before a 20-day hold, read from the latest data.

3 supportive2 mixed0 headwinds

  • Trendmixed

    Averages disagree

    Close $114.34 sits between the 50-day ($121.03) and 200-day ($110.83) averages, or the averages disagree.

    See the chart
  • GekkoIndexsupportive

    64.3, Accumulation

    Reading 64.3 is in the Accumulation zone.

    See the GekkoIndex
  • Fair valuesupportive

    12.8% below

    Price is 12.8% below Gekko Fair Value (more than 5% below).

    See fair value
  • Smart moneyno data

    No data

    No insider, Congress or unusual options activity in the window.

    See smart money
  • Earnings risksupportive

    Reports in 45 days

    Next report Nov 4, 2026, 45 days away — outside a typical 20-trading-day hold.

    See earnings
  • Seasonalitymixed

    −1.8% on average

    From this point in the calendar, the next 20 trading days averaged −1.8% over 5 years, rising in 3 of them.

    See seasonality

A description of current data, not a recommendation. How this page works

Iron Mountain stock chart and price history

Iron Mountain closed at $114.34 on Sep 18, 2026, +14.9% over the past year, inside a 52-week range of $77.77 to $134.68.

Close50-day average200-day averageVolume

Use the left and right arrow keys to read daily values.

Performance Breakdown

1 month
−6.3%
3 months
−10.6%
6 months
+9.0%
1 year
+14.9%
The full IRM chart adds GekkoIndex, insider, options, Congress and hedge fund markers, plus TrendCandles™.Open IRM in Gekko

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About Iron Mountain

Iron Mountain provides storage and information management services to organizations around the world. Its work centers on safeguarding physical and digital assets, from corporate records to confidential materials and cultural or historical items, for a large base of clients spanning many countries. The company is recognized for the scale of its facility network, which holds vast quantities of stored materials for the businesses and institutions that rely on it.

The company's offerings include secure document archiving, information governance, digital transformation support, confidential destruction, data center and cloud computing services, and storage and logistics for art. These services are designed to help clients manage risk and cost, meet regulatory requirements, recover from disruptions, and shift toward more digital ways of operating. Its customer base spans more than 225,000 organizations globally.

Iron Mountain traces its founding to 1951. Its shares, under the name Iron Mountain Incorporated, trade under the ticker IRM.

Sector
Finance
Website
ironmountain.com

Iron Mountain GekkoIndex: the smart money zone

Iron Mountain’s GekkoIndex — Gekko’s 0 to 100 smart money score — reads 64.3, in the Accumulation zone, up 0.2 points over five sessions.

010064.3Accumulation

Up 0.2 points over five sessions.

Reading for Sep 18, 2026

What followed past readings in each zone

ZoneReadings5 days10 days20 days50 days
Buying41+1.0%−0.1%+1.0%+7.2%
Accumulation (current zone)176−0.2%+0.5%+1.6%+8.5%
Neutral355+0.7%+1.0%+1.7%+2.5%
Distribution43+0.4%+1.7%+5.9%+12.6%
Selling0Not available

Average IRM share-price change over the trading days after each daily reading in its GekkoIndex history. Across every stock Gekko tracks, Accumulation readings averaged +2.3% over 20 days. Past behaviour doesn’t guarantee future results.

Accumulation zone: Institutional interest building. About the five zones →

See every daily GekkoIndex reading plotted over the IRM price, zone by zone.Track IRM in Gekko

Is Iron Mountain stock overvalued? Gekko Fair Value

Iron Mountain trades 12.8% below Gekko Fair Value of $131.10, so the shares are undervalued on Gekko’s estimate.

Gekko’s own estimate of what Iron Mountain shares are worth, recalculated every trading day.

$131.10

Gekko Fair Value, Sep 19, 2026

12.8% Undervalued

How Gekko Fair Value works →

Gekko Fair Value on every chart, with the gap to price updating daily.Open IRM in Gekko

Iron Mountain insider and Congress trading

No open-market insider purchases were filed for Iron Mountain, and no Congress trades were disclosed, in the last 90 days.

Plus buybacks, unusual options and fund positions, each dated to when it became public.

Insider buying last 90 days

No open-market insider purchases were filed for IRM in the last 90 days.

From Form 4 filings, dated to when each was filed.

Every IRM insider filing, plotted on the chart in Gekko.Open IRM in Gekko

Congress trades last 90 days

No trades in IRM were disclosed by members of Congress in the last 90 days.

From congressional disclosures, which report amounts as ranges.

Congress disclosures for IRM, plotted on the chart in Gekko.Open IRM in Gekko

Iron Mountain earnings: next date and track record

Iron Mountain reports on Nov 4, 2026, before the open (45 days away), and beat the EPS estimate in 5 of its last 8 reports.

5 of 8reports beat the EPS estimate
±6.5%average move across the report
4 of 8reports followed by a gain

Share-price move across each report

+4.0%Aug ’24−7.0%Nov ’24−7.1%Feb ’25+6.8%May ’25−3.9%Aug ’25−2.4%Nov ’25+9.6%Feb ’26+11.1%Apr ’26

Last earnings call, Apr 30, 2026 AI summary

What they said
IRM reported exceptional Q1 2026 results with 22% year-over-year growth in revenue, adjusted EBITDA, and AFFO. Organic growth of 17% was the highest in 25+ years. Data center revenue rose 47%, ALM revenue surged 92%, and digital solutions achieved record Q1 revenue growing 20%+. Growth businesses now exceed 30% of total revenue. Strong government sector bookings ranked second-best in company history.
Guidance
Following strong Q1 performance, management raised full year 2026 financial outlook. Company leased 32 megawatts of data center capacity year-to-date with 400 megawatts available to lease over 24 months, signaling continued revenue growth momentum.
ReportedEPSSurpriseRevenueSurpriseMove
Apr 30, 2026$0.60
est $0.51
+17.0%$1.94B
est $1.86B
+4.0%+11.1%
Feb 12, 2026$1.44
est $0.59
+144.9%$1.84B
est $1.81B
+2.0%+9.6%
Nov 5, 2025$1.32
est $1.29
+2.3%$1.75B
est $1.80B
−2.7%−2.4%
Aug 6, 2025$1.24
est $1.19
+4.2%$1.71B
est $1.76B
−2.7%−3.9%
May 1, 2025$1.17
est $1.16
+0.9%$1.59B
est $1.67B
−4.6%+6.8%
Feb 13, 2025$0.50
est $0.53
−6.2%$1.58B
est $1.62B
−2.5%−7.1%
Nov 6, 2024$0.44
est $0.48
−8.3%$1.56B
est $1.60B
−2.6%−7.0%
Aug 1, 2024$0.42
est $0.44
−4.5%$1.53B
est $1.50B
+2.0%+4.0%

“Move” is the close of the first session after the report compared with the close of the last session before it, so it reads the same whether the company reported before the open or after the close.

Iron Mountain stock forecast and analyst price targets

Analysts’ average 12-month price target for Iron Mountain is $146.20, +27.9% from the last close, from 5 firms rating the stock in the last 90 days.

$146.20consensus 12-month target, +27.9% from the last close
Low $140High $155
Buy5
Hold0
Sell0

Each firm’s latest rating in the last 90 days: 5 firms.

Latest analyst actions

DateFirmRatingTargetvs price
Sep 8BarclaysBuy, maintained$144+25.9%
Sep 4BarclaysBuy, maintained$144+25.9%
Aug 30Truist FinancialBuy, maintained$155+35.6%
Aug 27Truist FinancialBuy, maintained$155+35.6%
Aug 6Stifel NicolausBuy, maintained$140+22.4%
+1.6%average 20-day move after past Accumulation readings
−1.8%average move over the next 20 trading days in the last 5 years
±3%typical daily move, from the 14-day average range

Gekko doesn’t publish price predictions. These are analyst targets and historical base rates, which don’t guarantee future results.

Iron Mountain seasonality: the next 20 trading days

Over the next 20 trading days from Sep 19, Iron Mountain averaged −1.8% across the last 5 years, rising in 3 of them.

Next 20 trading days, by year

+1.4%2021−18.9%2022−2.2%2023+9.1%2024+4.7%2025

Average move and hit rate

WindowAverageYears higher
Next 5 trading days−4.5%2 of 5
Next 10 trading days−4.2%2 of 5
Next 15 trading days−4.7%2 of 5
Next 20 trading days−1.8%3 of 5
Next 30 trading days−0.2%3 of 5

For scale, IRM’s typical 20-trading-day move in either direction is about 5.8%.

Iron Mountain market cap and key statistics

Iron Mountain’s market cap is $34.02B, with a P/E ratio of 79.2 and revenue of $7.56B over the last twelve months.

Valuation

Market cap
$34.02B
P/E ratio
79.2
Forward P/E
56.8
EPS, TTM
$1.44
Gekko Fair Value
$131.10

Trading

Volume
2.82M
Avg volume, 20 days
1.57M
52-week high
$134.68
52-week low
$77.77
Shares outstanding
297.7M

Financials

Revenue, TTM
$7.56B
Profit margin
5.5%
Return on equity
225.1%
Quarterly earnings growth, YoY
+860.0%

Risk and income

Beta
1.20
Typical daily move
±3%
Typical 20-day move
±5.8%
Dividend yield
3.01%

Iron Mountain stock news this week

Coverage of Iron Mountain this week reads positive: 6 positive, 2 neutral and 1 negative headlines.

News sentiment positive

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Iron Mountain stock FAQ

What is Iron Mountain’s market cap?

Iron Mountain’s market cap is $34.02B at the Sep 18, 2026 close of $114.34, with 297.7M shares outstanding. The shares trade on a P/E ratio of 79.2.

What is the Iron Mountain stock forecast?

The consensus analyst 12-month price target for Iron Mountain is $146.20, +27.9% from the last close. Of the 5 firms that rated the stock in the last 90 days, 5 rate it a buy, 0 a hold and 0 a sell. Gekko doesn’t publish price predictions of its own.

Is Iron Mountain stock overvalued or undervalued?

On Gekko’s estimate Iron Mountain is undervalued: the Sep 18, 2026 close of $114.34 is 12.8% below Gekko Fair Value of $131.10. Gekko Fair Value is recalculated every trading day, and a gap inside 5% either way counts as about fair value.

When does Iron Mountain report earnings next?

Iron Mountain is expected to report on Nov 4, 2026, before the market opens (45 days away). Analysts expect earnings of $0.61 per share on revenue of $1.99B. Iron Mountain beat the earnings estimate in 5 of its last 8 reports, moving 6.5% on average across the report.

What is Iron Mountain’s 52-week high and low?

Iron Mountain’s 52-week high is $134.68 and its 52-week low is $77.77; it closed at $114.34 on Sep 18, 2026, +14.9% over the past year.

Is Iron Mountain stock a buy right now?

Gekko describes the data; it does not make buy or sell recommendations. On the swing-trade checklist, 3 of the 5 items with data read as supportive (gekkoindex, fair value and earnings risk), 2 as mixed (trend and seasonality). The checklist is a description of current data, not a recommendation.

How this page works

Prices and signals update after every US market close; the GekkoIndex, Gekko Fair Value and the checklist are Gekko’s own, and the Gekko Brief is written by AI from this page’s data and checked against it before it is published. How Gekko’s data works →

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