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Iron Mountain (IRM) Stock Forecast & Price Target

Iron Mountain logo
$117.55 -5.14 (-4.19%)
As of 08/28/2026 03:58 PM Eastern

Iron Mountain - Analysts' Recommendations and Stock Price Forecast (2026)

Consensus Rating

Sell
0
Hold
2
Buy
5

Based on 7 Wall Street analysts who have issued ratings for Iron Mountain in the last 12 months, the stock has a consensus rating of "Moderate Buy." Out of the 7 analysts, 2 have given a hold rating, and 5 have given a buy rating for IRM.

Consensus Price Target

$137.67
17.11% Upside
According to the 7 analysts' twelve-month price targets for Iron Mountain, the average price target is $137.67. The highest price target for IRM is $155.00, while the lowest price target for IRM is $120.00. The average price target represents a forecasted upside of 17.11% from the current price of $117.55.
MarketBeat calculates consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0 to .5 = Strong Sell, .5 to 1 = Sell, 1 to 1.5 = Reduce, 1.5 to 2.5 = Hold, 2.5 to 3.0 = Moderate Buy, 3.0 to 3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.
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IRM Analyst Ratings Over Time

TypeCurrent Forecast
8/30/25 to 8/30/26
1 Month Ago
7/31/25 to 7/31/26
3 Months Ago
6/1/25 to 6/1/26
1 Year Ago
8/30/24 to 8/30/25
Strong Buy
0 Strong Buy rating(s)
0 Strong Buy rating(s)
0 Strong Buy rating(s)
1 Strong Buy rating(s)
Buy
5 Buy rating(s)
4 Buy rating(s)
4 Buy rating(s)
6 Buy rating(s)
Hold
2 Hold rating(s)
2 Hold rating(s)
2 Hold rating(s)
0 Hold rating(s)
Sell
0 Sell rating(s)
0 Sell rating(s)
0 Sell rating(s)
0 Sell rating(s)
Consensus Price Target$137.67$134.33$131.67$120.17
Forecasted Upside17.11% Upside9.92% Upside4.44% Upside30.22% Upside
Consensus RatingModerate BuyModerate BuyModerate BuyBuy

IRM Analyst Recommendations By Month

The chart below shows how a company's ratings by analysts have changed over time. Each bar represents the previous year of ratings for that month. Within each bar, the sell ratings are shown in red, the hold ratings are shown in yellow, the buy ratings are shown in green, and the strong buy ratings are shown in dark green.
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IRM Price Targets by Month

The chart below shows how a company's share price and consensus price target have changed over time. The dark blue line represents the company's actual price. The lighter blue line represents the stock's consensus price target. The even lighter blue range in the background of the two lines represents the low price target and the high price target for each stock.
Skip Chart and View Analyst Price Target HistorySkip Chart & View Price History Table

Iron Mountain Stock vs. The Competition

TypeIron MountainReal Estate CompaniesBroader Market
Consensus Rating Score
2.71
2.31
2.53
Consensus RatingModerate BuyHoldModerate Buy
Predicted Upside17.11% Upside35.99% Upside13.05% Upside
News Sentiment Rating
Very Positive News

See Recent IRM News
Positive News
Positive News
DateBrokerageAnalystActionRatingPrice TargetReport Date
Upside/Downside
Details
8/27/2026
Truist Financial Corporation logo
Truist Financial
3 of 5 stars
Tobey Sommer
Tobey Sommer
2 of 5 stars
Boost TargetBuy$140.00 ➝ $155.00+27.69%
8/25/2026
Weiss Ratings logo
Weiss Ratings
5 of 5 stars
 DowngradeBuy (B-)Hold (C+)
8/6/2026
Eric Luebchow
Eric Luebchow
4 of 5 stars
Boost TargetOverweight$135.00 ➝ $140.00+10.01%
7/1/2026Boost TargetOverweight$127.00 ➝ $143.00+13.21%
5/12/2026 UpgradeStrong SellHold
5/1/2026Boost TargetOverweight$121.00 ➝ $138.00+8.73%
3/4/2026Set Target$130.00+20.84%
9/22/2025Initiated CoverageBuy$120.00+20.12%
11/27/2024 Boost TargetOutperform$135.00 ➝ $139.00+11.95%
11/6/2024UpgradeStrong-Buy
9/23/2024 Boost TargetBuy$117.00 ➝ $140.00+21.36%

Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Sunday at 04:04 AM ET.


Should I Buy Iron Mountain Stock? IRM Pros and Cons Explained

These pros and cons were generated based on recent news and financial data from MarketBeat in order to provide readers with the fastest and most accurate insights. They were last updated on Friday, August 28, 2026. Please send any questions or comments about these Iron Mountain pros and cons to contact@marketbeat.com.

Iron Mountain
Bull Case

green Wall Street bull icon

Here are some ways that investors could benefit from investing in Iron Mountain Incorporated:

  • The company recently reported a revenue of $2.03 billion, exceeding expectations, which indicates strong financial performance and growth potential.
  • Iron Mountain Incorporated has shown an impressive year-over-year revenue increase of 18.5%, suggesting robust demand for its services.
  • The current stock price is around $122, reflecting investor confidence and market interest in the company's growth trajectory.
  • With a quarterly dividend of $0.864, translating to an annualized dividend of $3.46 and a yield of 2.8%, investors can benefit from regular income.
  • Analysts have a positive outlook, with expectations for earnings per share (EPS) to reach 5.42 for the current fiscal year, indicating potential profitability.

Iron Mountain
Bear Case

red Wall Street bear icon

Investors should be bearish about investing in Iron Mountain Incorporated for these reasons:

  • The company has a negative return on equity of 85.44%, which may raise concerns about its ability to generate profit from shareholders' equity.
  • Iron Mountain Incorporated's high payout ratio of 247.14% suggests that it is distributing more in dividends than it earns, which could be unsustainable in the long run.
  • Insider selling activity has been significant, with executives selling over 127,000 shares recently, which may indicate a lack of confidence in the company's future performance.
  • The company has a relatively low net margin of 5.54%, which could limit its ability to reinvest in growth opportunities.
  • Despite positive revenue growth, the overall market conditions and competition in the information management sector could pose risks to future performance.

IRM Forecast - Frequently Asked Questions

According to the research reports of 7 Wall Street equities research analysts, the average twelve-month stock price forecast for Iron Mountain is $137.67, with a high forecast of $155.00 and a low forecast of $120.00.

7 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Iron Mountain in the last twelve months. There are currently 2 hold ratings and 5 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "moderate buy" IRM shares.

According to analysts, Iron Mountain's stock has a predicted upside of 17.11% based on their 12-month stock forecasts.

Over the previous 90 days, Iron Mountain's stock had 3 upgrades and 2 downgrades by analysts.

Iron Mountain has been rated by research analysts at Barclays, Truist Financial, Weiss Ratings, and Wells Fargo & Company in the past 90 days.

Analysts like Iron Mountain more than other "real estate" companies. The consensus rating for Iron Mountain is Moderate Buy while the average consensus rating for "real estate" companies is Hold. Learn more on how IRM compares to other companies.


MarketBeat monitors more than a dozen sources for Iron Mountain analyst ratings, with the most recent rating issued on 8/27/2026.
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