DailyIQ
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Sector:Real EstateAll sectors
Last updated 5 minutes ago

IRM·Iron Mountain Incorporated

$.
+. (+.%)
After Hours
High
$121.95
Open
$119.67
Market Cap
35.59B
52W High
$134.68
Low
$118.08
P. Close
$121.50
P/E
130.68
52W Low
$77.77
Fwd P/E
-
DailyIQ Est.
$143.33
Technical Score (1D)
55
BUY
News Sentiment
50
MIXED
Argus Research has cut its target price for Iron Mountain to $127, citing a more cautious view on earnings growth and market volatility, which signals a potential downward pressure on the stock in the next week. The same research firm had previously lowered its target to $139, indicating a trend of tightening valuations that traders should monitor for confirmation of a sustained downgrade. In contrast, Barclays has raised its price target to $143 and maintains an Overweight rating, arguing that hyperscale infrastructure demand and accelerating enterprise AI usage will drive higher earnings, which could offset the recent valuation concerns. Iron Mountain has announced a $1 B senior notes offering to refinance part of its revolving credit facility, which could improve liquidity but also introduces long‑term debt that may tighten credit metrics and raise future borrowing costs. The company’s data center demand remains a key growth catalyst, with rising cash flow mitigating leverage risks, suggesting that occupancy rates and leasing pipeline developments will be critical to assess in the coming quarters. Technical analysis shows a perfect rating and a bull flag near resistance at $133.08, implying a potential breakout that could signal a continuation of the uptrend if confirmed, so traders should watch price action around this level. The IBD Stock of the Day notes that Iron Mountain is approaching a buy threshold, driven by a 55% rally from data center demand, indicating that the market may be primed for a rebound if leasing metrics hold. Given the conflicting analyst views, traders should keep an eye on the next earnings release for guidance that could clarify whether the valuation downgrade or the upside upgrade holds, as well as any updates on dividend policy that could affect the yield. Finally, the refinancing of the revolving credit facility and the issuance of senior notes could influence future capital allocation decisions, so monitoring the company’s debt service coverage and covenant compliance will be essential for assessing long‑term financial health.
Earnings Summary
Iron Mountain provides comprehensive solutions for managing physical and digital assets, serving over 240,000 clients globally across 61 countries. Operating within the Specialty REIT industry in the Real Estate sector, the company assists organizations in extracting value from their data through services like information management, digital transformation, data security, and data center operations. Recent quarterly performance indicates a positive trajectory. For Q1 2026, Iron Mountain reported EPS of $1.43 against an estimate of $0.5202, and revenue of $1.936 billion, significantly exceeding expectations. This followed Q4 2025, where actual EPS was $1.44 compared to an estimate of $0.48598, with revenue at $1.843 billion. The preceding quarters, Q3 2025 and Q2 2025, also showed actual EPS of $0.54 and $0.48 respectively, against estimates of $0.52714 and $0.50116, with revenues of $1.754 billion and $1.712 billion. Iron Mountain has consistently beaten EPS estimates in the most recent quarters, particularly in Q4 2025 and Q1 2026, where the actual EPS significantly surpassed projections. The year-over-year growth trajectory appears strong, driven by robust revenue performance and substantial EPS beats. Recent news indicates positive analyst sentiment, with Wells Fargo maintaining an Overweight rating and increasing its price target, citing storage segment stability and data center demand. The company was also recognized as a Google Cloud Partner of the Year. Institutional investors, such as Vert Asset Management, have increased their stakes, signaling ongoing confidence. However, Baron Real Estate Income Fund exited its position. Investors should watch for management's commentary on key business drivers, particularly data center expansion and storage cash flows, and how the company addresses market perceptions following valuation adjustments and the nuanced guidance updates in the upcoming earnings calls.

EPS

EstBeatMiss
$0.25$0.58$0.92$1.26$1.60Q1'25Q2'25Q3'25Q4'25Q1'26
QtrEstActual+/−
Q1'26$0.52$1.43+174.9%
Q4'25$0.49$1.44+196.3%
Q3'25$0.53$0.54+2.4%
Q2'25$0.50$0.48-4.2%
Q1'25$0.40$0.43+7.0%

Revenue

EstBeatMiss
$1.5B$1.7B$1.8B$1.9B$2.0BQ1'25Q2'25Q3'25Q4'25Q1'26
QtrEstActual+/−
Q1'26$1.9B$1.9B+3.0%
Q4'25$1.8B$1.8B+3.4%
Q3'25 - $1.8B -
Q2'25 - $1.7B -
Q1'25 - $1.6B -
Full Earnings BreakdownEstimates, actuals, guidance, and historical context
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Market Data

IRM Stock Snapshot

IRM is currently trading at $121.50, giving Iron Mountain Incorporated a market cap of 35.59B and a P/E ratio of 130.7. Today's range spans $118.08–$121.95, with shares opening at $119.67 and moving up $0.00 (0.0%) from the prior close. DailyIQ's technical score sits at 55/100 (HOLD) with a news sentiment reading of 50/100.

Over the past year IRM has traded between $77.77 and $134.68 - the current price is +56.2% off the 52-week low and -9.8% from the high. 17 analysts cover the stock with a Buy consensus and a mean 12-month target of $133.00 (range $44.00–$149.00), implying upside of +9.5%.

Systematic models flag IRM as a hold in the current environment - large-cap, Real Estate, 35.59B market cap, 55/100 (HOLD), sentiment neutral at 50/100. Price: $121.50 (in the upper portion of its 52-week range). The current P/E ratio stands at 130.7. Quant strategies at this size tier typically shift allocation toward higher-momentum names during neutral phases, but maintain a base position given the structural liquidity that prevents disorderly exits. Annual range: $77.77–$134.68.

Portfolio construction in Real Estate often uses large-cap names like IRM as tactical swing positions during neutral phases: cheap enough to overweight, liquid enough to exit quickly, and large enough to provide meaningful sector beta. The current 55/100 (HOLD) at $121.50 (in the upper portion of its 52-week range) and neutral sentiment (50/100) frame the position as a catalyst play within the $77.77–$134.68 annual range rather than a directional bet.