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Iron Mountain - IRM Stock Price Target and Predictions

  • Consensus Rating: Buy
  • Consensus Price Target: $131.00
  • Forecasted Upside: 24.64%
  • Number of Analysts: 7
  • Breakdown:
  • 0 Sell Ratings
  • 0 Hold Ratings
  • 6 Buy Ratings
  • 1 Strong Buy Ratings
$105.10 As of 12/20/2024 06:40 PM ET
▲ +3.48 (3.42%)

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 $131.00
▲ +24.64% Upside Potential
This price target is based on 7 analysts offering 12 month price targets for Iron Mountain in the last 3 months. The average price target is $131.00, with a high forecast of $140.00 and a low forecast of $120.00. The average price target represents a 24.64% upside from the last price of $105.10.

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 Buy

The current consensus among 7 investment analysts is to buy stock in Iron Mountain. This rating has held steady since October 2024, when it changed from a Moderate Buy consensus rating.

Past Monthly Recommendations

Move your mouse over past months for details

Read Past Recommendations DescriptionSkip Past Price Target Consensus Chart
  • 0 strong buy ratings
  • 2 buy ratings
  • 1 hold ratings
  • 0 sell ratings
Ratings as of
6/30/2023
  • 0 strong buy ratings
  • 4 buy ratings
  • 0 hold ratings
  • 0 sell ratings
Ratings as of
9/28/2023
  • 0 strong buy ratings
  • 2 buy ratings
  • 0 hold ratings
  • 1 sell ratings
Ratings as of
12/27/2023
  • 0 strong buy ratings
  • 4 buy ratings
  • 0 hold ratings
  • 1 sell ratings
Ratings as of
3/26/2024
  • 0 strong buy ratings
  • 4 buy ratings
  • 0 hold ratings
  • 1 sell ratings
Ratings as of
6/24/2024
  • 0 strong buy ratings
  • 5 buy ratings
  • 0 hold ratings
  • 1 sell ratings
Ratings as of
9/22/2024
  • 1 strong buy ratings
  • 5 buy ratings
  • 0 hold ratings
  • 0 sell ratings
Ratings as of
11/21/2024
  • 1 strong buy ratings
  • 6 buy ratings
  • 0 hold ratings
  • 0 sell ratings
Ratings as of
12/21/2024

Latest Recommendations

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

Display Ratings By
DateBrokerageActionRatingPrice TargetDetails
11/27/2024Royal Bank of CanadaBoost TargetOutperform ➝ Outperform$135.00 ➝ $139.00
11/18/2024BarclaysLower TargetOverweight ➝ Overweight$133.00 ➝ $131.00
11/6/2024BNP ParibasUpgradeStrong-Buy
10/17/2024Wells Fargo & CompanyBoost TargetOverweight ➝ Overweight$120.00 ➝ $135.00
10/9/2024BarclaysBoost TargetOverweight ➝ Overweight$91.00 ➝ $133.00
9/23/2024Stifel NicolausBoost TargetBuy ➝ Buy$117.00 ➝ $140.00
8/2/2024JPMorgan Chase & Co.Boost TargetOverweight ➝ Overweight$82.00 ➝ $121.00
8/2/2024Wells Fargo & CompanyBoost TargetOverweight ➝ Overweight$110.00 ➝ $120.00
8/2/2024The Goldman Sachs GroupBoost TargetBuy ➝ Buy$106.00 ➝ $120.00
7/23/2024Wells Fargo & CompanyBoost TargetOverweight ➝ Overweight$90.00 ➝ $110.00
7/10/2024Stifel NicolausBoost TargetBuy ➝ Buy$86.00 ➝ $103.00
6/27/2024The Goldman Sachs GroupBoost TargetBuy ➝ Buy$89.00 ➝ $101.00
3/15/2024Wells Fargo & CompanyBoost TargetOverweight ➝ Overweight$80.00 ➝ $90.00
3/5/2024BarclaysBoost TargetOverweight ➝ Overweight$79.00 ➝ $91.00
2/23/2024Wells Fargo & CompanyBoost TargetOverweight ➝ Overweight$75.00 ➝ $80.00
1/24/2024BarclaysBoost TargetOverweight ➝ Overweight$69.00 ➝ $79.00
1/23/2024Stifel NicolausBoost TargetBuy ➝ Buy$65.00 ➝ $76.00
11/7/2023UBS GroupInitiated CoverageSell$44.00
8/21/2023Royal Bank of CanadaUpgradeSector Perform ➝ Outperform$58.00 ➝ $68.00
8/7/2023BarclaysBoost TargetOverweight ➝ Overweight$64.00 ➝ $69.00
5/5/2023BarclaysBoost Target$56.00 ➝ $64.00
3/20/2023BarclaysLower Target$57.00 ➝ $56.00
3/6/2023Royal Bank of CanadaReiterated RatingSector Perform$58.00
12/16/2022Royal Bank of CanadaInitiated CoverageSector Perform$58.00
12/14/2022Exane BNP ParibasInitiated CoverageOutperform
12/14/2022BNP ParibasInitiated CoverageOutperform$66.00
11/15/2022Evercore ISILower Target$60.00
8/22/2022Evercore ISIBoost Target$63.00
6/24/2022BarclaysInitiated CoverageOverweight$58.00
4/12/2022Stifel NicolausBoost TargetBuy$52.00 ➝ $62.00
2/25/2022Credit Suisse GroupBoost TargetUnderperform$18.00 ➝ $20.00
2/25/2022Stifel NicolausUpgradeHold ➝ Buy$49.00 ➝ $52.00
5/7/2021The Goldman Sachs GroupBoost TargetBuy$38.00 ➝ $43.00
2/25/2021Credit Suisse GroupBoost TargetUnderperform$16.00 ➝ $18.00
2/25/2021Wells Fargo & CompanyBoost TargetOverweight$32.00 ➝ $38.00
5/8/2020Credit Suisse GroupLower TargetUnderperform$18.00 ➝ $17.00
2/14/2020Evercore ISIInitiated CoverageBuy$36.00
1/27/2020The Goldman Sachs GroupReiterated RatingBuy$40.00
(Data available from 12/21/2019 forward)

News Sentiment Rating

1.28 (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
  • 29 very positive mentions
  • 18 positive mentions
  • 1 negative mentions
  • 0 very negative mentions
Mentions as of
5/25/2024
  • 27 very positive mentions
  • 5 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
6/24/2024
  • 29 very positive mentions
  • 12 positive mentions
  • 1 negative mentions
  • 0 very negative mentions
Mentions as of
7/24/2024
  • 33 very positive mentions
  • 30 positive mentions
  • 1 negative mentions
  • 0 very negative mentions
Mentions as of
8/23/2024
  • 24 very positive mentions
  • 16 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
9/22/2024
  • 32 very positive mentions
  • 16 positive mentions
  • 1 negative mentions
  • 0 very negative mentions
Mentions as of
10/22/2024
  • 44 very positive mentions
  • 26 positive mentions
  • 3 negative mentions
  • 0 very negative mentions
Mentions as of
11/21/2024
  • 68 very positive mentions
  • 20 positive mentions
  • 2 negative mentions
  • 0 very negative mentions
Mentions as of
12/21/2024

Current Sentiment

  • 68 very positive mentions
  • 20 positive mentions
  • 2 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: $105.10
Low: $102.51
High: $106.97

50 Day Range

MA: $119.20
Low: $101.62
High: $128.14

52 Week Range

Now: $105.10
Low: $64.68
High: $130.24

Volume

5,696,042 shs

Average Volume

1,616,157 shs

Market Capitalization

$30.84 billion

P/E Ratio

291.95

Dividend Yield

2.56%

Beta

0.98

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, BNP Paribas, JPMorgan Chase & Co., Royal Bank of Canada, Stifel Nicolaus, The Goldman Sachs Group, Inc., TheStreet, and Wells Fargo & Company.
View the latest analyst ratings for IRM.

What is the current price target for Iron Mountain?

0 Wall Street analysts have set twelve-month price targets for Iron Mountain in the last year. Their average twelve-month price target is $131.00, suggesting a possible upside of 24.6%. Stifel Nicolaus has the highest price target set, predicting IRM will reach $140.00 in the next twelve months. The Goldman Sachs Group, Inc. has the lowest price target set, forecasting a price of $120.00 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 6 buy ratings and 1 strong buy rating from Wall Street analysts. The stock has a consensus analyst rating of "Buy." A "buy" rating indicates that analysts believe IRM will outperform the market and that investors should add to their positions of Iron Mountain.
View the latest ratings for IRM.

What other companies compete with Iron Mountain?

Other companies that are similar to Iron Mountain include Cintas, Copart, UniFirst, McGrath RentCorp and OPENLANE. 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.