Iron Mountain (IRM) Stock Analysis & Forecast

Nov 4 close

$118.66+1.97 (+1.7%)

Gekko Brief

AI summaryNov 4 close

Iron Mountain's week is dominated by anticipation ahead of third-quarter results due 5 November, with daily trading swings tied to broader market moves rather than company-specific news. The company also launched Iron Cloud Critical Protection and Recovery, a ransomware-defense offering that isolates data in what it calls a "Virtual Cleanroom" to provide an air gap before restoring recovered data. Separately, a Form 144 filing disclosed a planned sale of 5,000 shares by officer Greg W. McIntosh, with an aggregate market value of $584,800.00, tied to shares from restricted stock vesting on 1 March 2026.

Shares closed at $118.66, up 1.7%, sitting above both the 50-day average of $114.39 and the 200-day average of $115.59. The one-month return stands at 1.9%, while the three-month and six-month returns are negative at -2.7% and -10.1% respectively; the one-year return is 14.5%. The GekkoIndex reads 51.2, placing the stock in the Neutral zone, down from a five-day change of -5.4. Price sits 6% below Gekko Fair Value of $126.26.

Earnings arrive on 5 November, zero days away, falling inside the next 20-trading-day window highlighted here. The prior quarter saw a reaction of 11.1% following an EPS beat of $0.60 versus a $0.51 estimate, with average absolute reactions historically near 6.5%. No insider, Congress, or unusual options activity appears in the current window. Seasonality over the past 5 years shows a mean 20-day return of 0%, with gains in 3 of those years. Analyst consensus among 5 firms rates the stock a buy, with a consensus target of $144, implying 21.4% upside from current levels.

Written by AI from the Nov 4, 2026 close and checked automatically against the figures on this page.

Iron Mountain price vs fair value

$126.26$118.66Nov ’25May ’26Nov ’26
Close $118.66200-day averageGekko Fair Value $126.26

Iron Mountain quick facts

Market cap
$35.37B
P/E ratio
82.3
Forward P/E
59.2
EPS, TTM
$1.40
Revenue, TTM
$7.56B
Profit margin
5.5%
Dividend yield
2.90%
Beta
1.20
Volume
2.51M avg 1.29M
1-year return
+14.5%
Typical daily move
±3%
Typical 20-day move
±5.7%
50-day average
$114.39
200-day average
$115.59
Next earnings
Nov 5 before open
Shares outstanding
297.7M
52-week range
$77.77$134.68

Iron Mountain swing-trade checklist

Iron Mountain scores 1 supportive, 3 mixed and 1 headwind across the 5 checklist items with data.

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

1 supportive3 mixed1 headwind

  • Trendmixed

    Averages disagree

    Close $118.66 sits between the 50-day ($114.39) and 200-day ($115.59) averages, or the averages disagree.

    See the chart
  • GekkoIndexmixed

    51.2, Neutral

    Reading 51.2 is in the Neutral zone.

    See the GekkoIndex
  • Fair valuesupportive

    6.0% below

    Price is 6% 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 riskheadwind

    Reports today

    Reports on Nov 5, 2026, today — inside a typical 20-trading-day hold.

    See earnings
  • Seasonalitymixed

    0.0% on average

    From this point in the calendar, the next 20 trading days averaged 0% 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 $118.66 on Nov 4, 2026, +14.5% over the past year, inside a 52-week range of $77.77 to $134.68.

Close50-day average200-day averageVolume
Iron Mountain share price, past year, with 50-day and 200-day moving averages and volume$80$100DecJan 2026FebMarAprMayJunJulAugSepOct118.66

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

Performance Breakdown

1 month
+1.9%
3 months
−2.7%
6 months
−10.1%
1 year
+14.5%
The full IRM chart adds GekkoIndex, insider, options, Congress and hedge fund markers, plus TrendCandles™.Open IRM in Gekko

Follow Iron Mountain through every session

Put IRM on a Gekko watchlist and see its GekkoIndex, Gekko Fair Value and smart money signals update on the chart as they change.

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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 51.2, in the Neutral zone, down 5.4 points over five sessions.

010051.2Neutral

Down 5.4 points over five sessions.

Reading for Nov 4, 2026

What followed past readings in each zone

ZoneReadings5 days10 days20 days50 days
Buying41+1.0%−0.1%+1.0%+6.5%
Accumulation206−0.1%+0.4%+1.2%+7.8%
Neutral (current zone)360+0.6%+1.0%+1.5%+1.7%
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, Neutral readings averaged +1.0% over 20 days. Past behaviour doesn’t guarantee future results.

Neutral zone: No clear directional signal. 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 6.0% below Gekko Fair Value of $126.26, so the shares are undervalued on Gekko’s estimate.

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

$126.26

Gekko Fair Value, Nov 4, 2026

6.0% Undervalued

At the end of Aug 2026 the price was 16.0% below the estimate.

Gekko Fair ValueShare price, month end
$126$117Aug 2026SepOctNov 2026

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 5, 2026, before the open (today), 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 $144.00, +21.4% from the last close, from 5 firms rating the stock in the last 90 days.

$144.00consensus 12-month target, +21.4% from the last close
Low $132High $155
Buy5
Hold0
Sell0

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

Latest analyst actions

DateFirmRatingTargetvs price
Oct 16Wells FargoBuy, reiterated$140+18.0%
Sep 21Rothschild & Co RedburnBuy, initiated$132+11.2%
Sep 18Stifel NicolausBuy, maintained$140+18.0%
Sep 8BarclaysBuy, maintained$144+21.4%
Sep 4BarclaysBuy, maintained$144+21.4%
+1.5%average 20-day move after past Neutral readings
0.0%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 Nov 4, Iron Mountain averaged 0.0% across the last 5 years, rising in 3 of them.

Next 20 trading days, by year

+1.9%2021+11.3%2022+9.5%2023−1.8%2024−18.4%2025

Average move and hit rate

WindowAverageYears higher
Next 5 trading days+0.1%2 of 5
Next 10 trading days−2.0%3 of 5
Next 15 trading days−1.3%3 of 5
Next 20 trading days0.0%3 of 5
Next 30 trading days−2.0%3 of 5

For scale, IRM’s typical 20-trading-day move in either direction is about 5.7%.

Iron Mountain market cap and key statistics

Iron Mountain’s market cap is $35.37B, with a P/E ratio of 82.3 and revenue of $7.56B over the last twelve months.

Valuation

Market cap
$35.37B
P/E ratio
82.3
Forward P/E
59.2
EPS, TTM
$1.40
Gekko Fair Value
$126.26

Trading

Volume
2.51M
Avg volume, 20 days
1.29M
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
±5.7%
Dividend yield
2.90%

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Iron Mountain stock FAQ

What is Iron Mountain’s market cap?

Iron Mountain’s market cap is $35.37B at the Nov 4, 2026 close of $118.66, with 297.7M shares outstanding. The shares trade on a P/E ratio of 82.3.

What is the Iron Mountain stock forecast?

The consensus analyst 12-month price target for Iron Mountain is $144.00, +21.4% 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 Nov 4, 2026 close of $118.66 is 6.0% below Gekko Fair Value of $126.26. 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 5, 2026, before the market opens (today). 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 $118.66 on Nov 4, 2026, +14.5% 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, 1 of the 5 items with data read as supportive (fair value), 3 as mixed (trend, gekkoindex and seasonality) and 1 as a headwind (earnings risk). The checklist is a description of current data, not a recommendation.

How this page works

During US trading hours the price at the top of the page is a delayed quote, refreshed every 15 minutes; everything else is rebuilt after each 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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