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Iron Mountain (IRM) Stock Forecast & Price Target

Iron Mountain logo
$117.13 -0.03 (-0.03%)
Closing price 07/2/2026 03:59 PM Eastern
Extended Trading
$116.56 -0.56 (-0.48%)
As of 07/2/2026 07:57 PM Eastern
Extended trading is trading that happens on electronic markets outside of regular trading hours. This is a fair market value extended hours price provided by Massive. Learn more.

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

Consensus Rating

Sell
0
Hold
2
Buy
4

Based on 6 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 6 analysts, 2 have given a hold rating, and 4 have given a buy rating for IRM.

Consensus Price Target

$134.33
14.69% Upside
According to the 6 analysts' twelve-month price targets for Iron Mountain, the average price target is $134.33. The highest price target for IRM is $143.00, while the lowest price target for IRM is $120.00. The average price target represents a forecasted upside of 14.69% from the current price of $117.13.
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
7/5/25 to 7/5/26
1 Month Ago
6/5/25 to 6/5/26
3 Months Ago
4/6/25 to 4/6/26
1 Year Ago
7/5/24 to 7/5/25
Strong Buy
0 Strong Buy rating(s)
0 Strong Buy rating(s)
0 Strong Buy rating(s)
1 Strong Buy rating(s)
Buy
4 Buy rating(s)
4 Buy rating(s)
4 Buy rating(s)
7 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$134.33$131.67$116.60$121.71
Forecasted Upside14.69% Upside5.49% Upside11.81% Upside19.89% 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 MountainBusiness Services CompaniesBroader Market
Consensus Rating Score
2.67
1.98
2.52
Consensus RatingModerate BuyReduceModerate Buy
Predicted Upside14.69% Upside338.64% Upside13.30% Upside
News Sentiment Rating
Positive News

See Recent IRM News
Positive News
Positive News
DateBrokerageAnalystActionRatingPrice TargetReport Date
Upside/Downside
Details
7/1/2026
Barclays PLC logo
Barclays
3 of 5 stars
Brendan Lynch
Brendan Lynch
2 of 5 stars
Boost TargetOverweight$127.00 ➝ $143.00+13.21%
6/23/2026
Weiss Ratings logo
Weiss Ratings
5 of 5 stars
 UpgradeHold (C)Hold (C+)
5/12/2026 UpgradeStrong SellHold
5/1/2026Set Target$140.00+10.74%
5/1/2026Boost TargetOverweight$121.00 ➝ $138.00+8.73%
4/21/2026Boost TargetOverweight$125.00 ➝ $135.00+12.02%
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%
8/2/2024 Boost TargetBuy$106.00 ➝ $120.00+11.67%

Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Sunday at 08:40 PM 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, July 3, 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 current stock price is around $134, which reflects a strong performance in the market and indicates investor confidence in the company's growth potential.
  • Iron Mountain Incorporated has recently set its FY 2026 earnings guidance at 5.790-5.860 EPS, suggesting a positive outlook for profitability in the coming years.
  • The company has a solid dividend yield of approximately 3.0%, providing a steady income stream for investors, which is particularly attractive in a defensive investment strategy.
  • Recent quarterly earnings exceeded expectations, with a reported EPS of $0.60, indicating strong operational performance and effective management strategies.
  • Analysts have a favorable outlook on the stock, with an average rating of "Moderate Buy" and a target price of around $134.33, suggesting potential for price appreciation.

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 high dividend payout ratio of 380.22%, which may raise concerns about sustainability and the ability to maintain dividends in the long term.
  • Iron Mountain Incorporated has a relatively high P/E ratio of 139.78, indicating that the stock may be overvalued compared to its earnings, which could deter value-focused investors.
  • Despite recent revenue growth, the company has a negative return on equity of 91.56%, suggesting inefficiencies in generating profit from shareholders' equity.
  • The stock has experienced significant volatility, with a beta of 1.19, indicating that it may be more sensitive to market fluctuations, which could pose risks for conservative investors.
  • Recent analyst downgrades, including a shift from a "buy" to a "hold" rating by some firms, may signal caution regarding the stock's future performance.

IRM Forecast - Frequently Asked Questions

According to the research reports of 6 Wall Street equities research analysts, the average twelve-month stock price forecast for Iron Mountain is $134.33, with a high forecast of $143.00 and a low forecast of $120.00.

6 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Iron Mountain in the last year. There are currently 2 hold ratings and 4 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "moderate buy" IRM shares.

According to analysts, Iron Mountain's stock has a predicted upside of 14.69% based on their 12-month stock forecasts.

Over the previous 90 days, Iron Mountain's stock had 2 upgrades and 1 downgrade by analysts.

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

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


This page (NYSE:IRM) was last updated on 7/5/2026 by MarketBeat.com Staff.
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