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Iron Mountain Incorporated (Delaware)Common Stock REIT

IRM · NYSE

Analyst Consensus

Buy

9 analysts

$112

Current

—

Low

$144

Average

—

High

Average target implies +28.50% versus the current price.

Analyst Ratings Synthesis

The supplied consensus is Buy across nine analysts, with a mean price target of $140. The record does not provide low or high targets, so the target range and its width cannot be established. It also names no individual analysts, leaving the most bullish and least bullish analysts unidentified. No rating or target revisions are explicitly reported during the week, so the direction of revisions is unavailable. The substantive disagreement behind the target dispersion is likewise not documented. Available evidence instead centers on Iron Mountain’s second-quarter earnings beat, higher AFFO and lifted 2026 guidance, balanced against unspecified operating headwinds and questions about whether storage, services and data-center expansion can sustain growth.

Rating Actions

No individual rating actions have been captured for IRMyet. Consensus figures above come from Nasdaq's aggregate feed.

Rating actions are extracted from published reporting. Each row links to its source.

Research Reports

Links to freely available third-party research. Outlook labels are our classification of each article's stance, not a rating of our own.

Covering Firms

BARCLAYS CAPITA

CO FORECST

GOLDMAN SACHS

JP MORGAN SECUR

RBC CAPITAL

STIFEL NICOLAUS

UBS

WELLS FARGO SEC

ZACKS RESEARCH

Symbol: IRM
Type: Stock
Sector: Real Estate
Industry: Real Estate Investment Trusts
Exchange: NYSE

Iron Mountain Incorporated (NYSE: IRM) partners with more than 240,000 customers across 61 countries, including approximately 95% of the Fortune 1000. We serve as the trusted guardians of what matters most, helping unlock what's possible. By connecting physical, digital, and intelligent workflows, our lifecycle solutions help organizations realize enterprise value at scale. From complex challenges across information management and digital transformation to data security, data centers, and asset lifecycle management, we empower organizations to navigate an ever-changing landscape to prepare for tomorrow's possibilities. Our longstanding commitment to safety, security, sustainability, and continuous innovation defines everything we do.

Key Issues

Bullish view

Second-quarter AFFO increased to $432.7 million from $369.7 million, while normalized FFO rose 17.7% year over year and the company lifted 2026 guidance. That combination supports the view that operating momentum is translating into stronger cash generation.

Bearish view

The supplied evidence does not show the size or composition of the guidance increase, nor whether the second-quarter improvement is recurring. Investors may therefore question how much of the AFFO growth can persist.

Analyst Consensus

See all

Buy

9 analysts

$112

Current

—

Low

$144

Average

—

High

Average target implies +28.50% versus the current price.

Earnings History

BeatMissNo estimate

Iron Mountain Incorporated (Delaware)Common Stock REIT

Analyst Consensus

Analyst Ratings Synthesis

Rating Actions

Research Reports

Covering Firms

Peers