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Iron Mountain - IRM Stock Price Target and Predictions

  • Consensus Rating: Moderate Buy
  • Consensus Price Target: $73.80
  • Forecasted Upside: -9.77%
  • Number of Analysts: 5
  • Breakdown:
  • 1 Sell Ratings
  • 0 Hold Ratings
  • 4 Buy Ratings
  • 0 Strong Buy Ratings
$81.79 As of 05/17/2024 01:00 AM ET
▼ -0.21 (-0.26%)

This chart shows the closing price for IRM by one month, three months, or twelve months.

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Analyst Price Target for IRM

Analyst Price Target is $73.80
▼ -9.77% Downside Potential
This price target is based on 5 analysts offering 12 month price targets for Iron Mountain in the last 3 months. The average price target is $73.80, with a high forecast of $91.00 and a low forecast of $44.00. The average price target represents a -9.77% upside from the last price of $81.79.

This chart shows the closing price for IRM for the last year in relation to the current analyst high, average, and low pricetarget.

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Current Consensus is Moderate Buy

The current consensus among 5 polled investment analysts is to moderate buy stock in Iron Mountain. This Moderate Buy consensus rating has held steady for over two years.

Past Monthly Recommendations

Move your mouse over past months for details

Read Past Recommendations DescriptionSkip Past Price Target Consensus Chart
  • 0 strong buy ratings
  • 4 buy ratings
  • 0 hold ratings
  • 1 sell ratings
Ratings as of
11/25/2022
  • 0 strong buy ratings
  • 4 buy ratings
  • 0 hold ratings
  • 1 sell ratings
Ratings as of
2/23/2023
  • 0 strong buy ratings
  • 4 buy ratings
  • 0 hold ratings
  • 1 sell ratings
Ratings as of
5/24/2023
  • 0 strong buy ratings
  • 4 buy ratings
  • 0 hold ratings
  • 1 sell ratings
Ratings as of
8/22/2023
  • 0 strong buy ratings
  • 4 buy ratings
  • 0 hold ratings
  • 1 sell ratings
Ratings as of
11/20/2023
  • 0 strong buy ratings
  • 4 buy ratings
  • 0 hold ratings
  • 1 sell ratings
Ratings as of
2/18/2024
  • 0 strong buy ratings
  • 4 buy ratings
  • 0 hold ratings
  • 1 sell ratings
Ratings as of
4/18/2024
  • 0 strong buy ratings
  • 4 buy ratings
  • 0 hold ratings
  • 1 sell ratings
Ratings as of
5/18/2024

Latest Recommendations

  • 0 strong buy ratings
  • 4 buy ratings
  • 0 hold ratings
  • 1 sell ratings

Display Ratings By
DateBrokerageActionRatingPrice TargetImpact on Share PriceDetails
3/15/2024Wells Fargo & CompanyBoost TargetOverweight ➝ Overweight$80.00 ➝ $90.00N/A
3/5/2024BarclaysBoost TargetOverweight ➝ Overweight$79.00 ➝ $91.00Low
2/23/2024Wells Fargo & CompanyBoost TargetOverweight ➝ Overweight$75.00 ➝ $80.00Low
1/24/2024BarclaysBoost TargetOverweight ➝ Overweight$69.00 ➝ $79.00Low
1/23/2024Stifel NicolausBoost TargetBuy ➝ Buy$65.00 ➝ $76.00Low
11/7/2023UBS GroupInitiated CoverageSell$44.00Low
8/21/2023Royal Bank of CanadaUpgradeSector Perform ➝ Outperform$58.00 ➝ $68.00Low
8/7/2023BarclaysBoost TargetOverweight ➝ Overweight$64.00 ➝ $69.00Low
5/5/2023BarclaysBoost Target$56.00 ➝ $64.00Low
3/20/2023BarclaysLower Target$57.00 ➝ $56.00Low
3/6/2023Royal Bank of CanadaReiterated RatingSector Perform$58.00Low
12/16/2022Royal Bank of CanadaInitiated CoverageSector Perform$58.00Low
12/14/2022Exane BNP ParibasInitiated CoverageOutperformLow
12/14/2022BNP ParibasInitiated CoverageOutperform$66.00Low
11/15/2022Evercore ISILower Target$60.00Low
8/22/2022Evercore ISIBoost Target$63.00Low
6/24/2022BarclaysInitiated CoverageOverweight$58.00Low
4/12/2022Stifel NicolausBoost TargetBuy$52.00 ➝ $62.00High
2/25/2022Credit Suisse GroupBoost TargetUnderperform$18.00 ➝ $20.00High
2/25/2022Stifel NicolausUpgradeHold ➝ Buy$49.00 ➝ $52.00High
5/7/2021The Goldman Sachs GroupBoost TargetBuy$38.00 ➝ $43.00Low
2/25/2021Credit Suisse GroupBoost TargetUnderperform$16.00 ➝ $18.00Low
2/25/2021Wells Fargo & CompanyBoost TargetOverweight$32.00 ➝ $38.00Low
5/8/2020Credit Suisse GroupLower TargetUnderperform$18.00 ➝ $17.00Low
2/14/2020Evercore ISIInitiated CoverageBuy$36.00High
1/27/2020The Goldman Sachs GroupReiterated RatingBuy$40.00Low
11/26/2019Credit Suisse GroupLower TargetUnderperform$21.00 ➝ $18.00High
10/11/2019BarclaysSet TargetHold$39.00N/A
9/12/2019Credit Suisse GroupReiterated RatingSell$21.00N/A
8/2/2019Robert W. BairdUpgradeUnderperform ➝ Neutral$27.00 ➝ $29.00High
7/11/2019Bank of AmericaDowngradeNeutral ➝ Underperform$33.00 ➝ $25.00High
7/10/2019Wells Fargo & CompanyInitiated CoverageOutperform$31.60High
(Data available from 5/18/2019 forward)

News Sentiment Rating

1.06 (Buy)

Our news sentiment rating is based on the average sentiment of articles about this company published in the media in the last 30 days of headlines and can range from 2 (very positive sentiment) to -2 (very negative sentiment).

News Sentiment Over Time

Move your mouse over past months for details

Skip to Current Sentiment Summary
  • 17 very positive mentions
  • 9 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
10/21/2023
  • 2 very positive mentions
  • 16 positive mentions
  • 0 negative mentions
  • 1 very negative mentions
Mentions as of
11/20/2023
  • 9 very positive mentions
  • 4 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
12/20/2023
  • 15 very positive mentions
  • 25 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
1/19/2024
  • 26 very positive mentions
  • 8 positive mentions
  • 1 negative mentions
  • 0 very negative mentions
Mentions as of
2/18/2024
  • 33 very positive mentions
  • 31 positive mentions
  • 1 negative mentions
  • 1 very negative mentions
Mentions as of
3/19/2024
  • 24 very positive mentions
  • 9 positive mentions
  • 2 negative mentions
  • 1 very negative mentions
Mentions as of
4/18/2024
  • 34 very positive mentions
  • 17 positive mentions
  • 1 negative mentions
  • 0 very negative mentions
Mentions as of
5/18/2024

Current Sentiment

  • 34 very positive mentions
  • 17 positive mentions
  • 1 negative mentions
  • 0 very negative mentions

Recent Stories by Sentiment

Very Negative

  • No very negative mentions tracked during this time.

Negative

Positive

Very Positive

Iron Mountain logo
Iron Mountain Incorporated (NYSE: IRM) is a global leader in information management services. Founded in 1951 and trusted by more than 240,000 customers worldwide, Iron Mountain serves to protect and elevate the power of our customers' work. Through a range of offerings including digital transformation, data centers, secure records storage, information management, asset lifecycle management, secure destruction and art storage and logistics, Iron Mountain helps businesses bring light to their dark data, enabling customers to unlock value and intelligence from their stored digital and physical assets at speed and with security, while helping them meet their environmental goals.
Read More

Today's Range

Now: $81.79
Low: $81.28
High: $82.48

50 Day Range

MA: $78.38
Low: $74.41
High: $82.34

52 Week Range

Now: $81.79
Low: $52.81
High: $83.00

Volume

1,732,894 shs

Average Volume

1,313,022 shs

Market Capitalization

$23.98 billion

P/E Ratio

123.93

Dividend Yield

3.17%

Beta

0.96

Frequently Asked Questions

What sell-side analysts currently cover shares of Iron Mountain?

The following equities research analysts have issued reports on Iron Mountain in the last twelve months: Barclays PLC, Royal Bank of Canada, Stifel Nicolaus, StockNews.com, TheStreet, UBS Group AG, and Wells Fargo & Company.
View the latest analyst ratings for IRM.

What is the current price target for Iron Mountain?

5 Wall Street analysts have set twelve-month price targets for Iron Mountain in the last year. Their average twelve-month price target is $73.80, suggesting a possible downside of 9.8%. Barclays PLC has the highest price target set, predicting IRM will reach $91.00 in the next twelve months. UBS Group AG has the lowest price target set, forecasting a price of $44.00 for Iron Mountain in the next year.
View the latest price targets for IRM.

What is the current consensus analyst rating for Iron Mountain?

Iron Mountain currently has 1 sell rating and 4 buy ratings from Wall Street analysts. The stock has a consensus analyst rating of "Moderate Buy."
View the latest ratings for IRM.

What other companies compete with Iron Mountain?

Other companies that are similar to Iron Mountain include Alexandria Real Estate Equities, Equity Residential, SBA Communications, Ventas and AvalonBay Communities. Learn More about companies similar to Iron Mountain.

How do I contact Iron Mountain's investor relations team?

Iron Mountain's physical mailing address is ONE FEDERAL STREET, BOSTON MA, 02110. The financial services provider's listed phone number is (617) 535-4766 and its investor relations email address is [email protected]. The official website for Iron Mountain is www.ironmountain.com. Learn More about contacing Iron Mountain investor relations.