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Iron Mountain (IRM) Stock Forecast & Price Target

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$86.93 +0.89 (+1.03%)
Closing price 04/1/2025 03:59 PM Eastern
Extended Trading
$86.89 -0.04 (-0.04%)
As of 08:05 AM Eastern
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Iron Mountain - Analysts' Recommendations and Stock Price Forecast (2025)

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.

Consensus Rating

Sell
0
Hold
0
Buy
7

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 "Buy." Out of the 7 analysts, 6 have given a buy rating, and 1 has given a strong buy rating for IRM.

Consensus Price Target

$125.67
44.57% Upside
According to the 7 analysts' twelve-month price targets for Iron Mountain, the average price target is $125.67. The highest price target for IRM is $140.00, while the lowest price target for IRM is $112.00. The average price target represents a forecasted upside of 44.57% from the current price of $86.93.
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IRM Analyst Ratings Over Time

TypeCurrent Forecast
4/2/24 to 4/2/25
1 Month Ago
3/3/24 to 3/3/25
3 Months Ago
1/3/24 to 1/2/25
1 Year Ago
4/3/23 to 4/2/24
Strong Buy
1 Strong Buy rating(s)
1 Strong Buy rating(s)
1 Strong Buy rating(s)
0 Strong Buy rating(s)
Buy
6 Buy rating(s)
6 Buy rating(s)
6 Buy rating(s)
4 Buy rating(s)
Hold
0 Hold rating(s)
0 Hold rating(s)
0 Hold rating(s)
0 Hold rating(s)
Sell
0 Sell rating(s)
0 Sell rating(s)
0 Sell rating(s)
1 Sell rating(s)
Consensus Price Target$125.67$127.67$131.00$73.80
Forecasted Upside44.57% Upside41.62% Upside25.07% Upside-6.30% Downside
Consensus Rating
Buy
Buy
Buy
Moderate Buy
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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.
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Iron Mountain Stock vs. The Competition

TypeIron MountainBusiness Services CompaniesS&P 500
Consensus Rating Score
3.14
2.72
2.54
Consensus RatingBuyModerate BuyModerate Buy
Predicted Upside44.57% Upside1,363.76% Upside19.02% Upside
News Sentiment Rating
Positive News

See Recent IRM News
Positive News
Positive News
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DateBrokerageAnalyst NameActionRatingPrice TargetUpside/Downside on Report DateDetails
3/20/2025Barclays
3 of 5 stars
Brendan Lynch
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Lower TargetOverweight ➝ Overweight$130.00 ➝ $118.00+33.34%
2/18/2025JPMorgan Chase & Co.
3 of 5 stars
Andrew Steinerman
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Lower TargetOverweight ➝ Overweight$125.00 ➝ $112.00+18.30%
2/4/2025Wells Fargo & Company
3 of 5 stars
Eric Luebchow
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Lower TargetOverweight ➝ Overweight$135.00 ➝ $125.00+25.58%
11/27/2024Royal Bank of Canada
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 Boost TargetOutperform ➝ Outperform$135.00 ➝ $139.00+11.95%
11/6/2024BNP Paribas
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N. Crossett
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UpgradeStrong-Buy
9/23/2024Stifel Nicolaus
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 Boost TargetBuy ➝ Buy$117.00 ➝ $140.00+21.36%
8/2/2024The Goldman Sachs Group
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 Boost TargetBuy ➝ Buy$106.00 ➝ $120.00+11.67%
11/7/2023UBS Group
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 Initiated CoverageSell$44.00-26.97%

Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Wednesday at 08:44 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 Saturday, March 29, 2025. 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 recent increase in the quarterly dividend to $0.785 reflects the company's commitment to returning value to shareholders, resulting in an annualized dividend yield of 3.67%. This can be attractive for income-focused investors.
  • Iron Mountain Incorporated has a strong market presence with over 240,000 customers globally, indicating a robust demand for its information management services, which can lead to stable revenue streams.
  • The stock is currently trading at approximately $85.07, which is significantly below its 52-week high of $130.24, suggesting potential for price appreciation as the market recovers.
  • Analysts have a consensus "Buy" rating for Iron Mountain Incorporated, with a price target of $125.67, indicating positive sentiment and potential upside for investors.
  • Despite a recent earnings miss, the company is projected to post earnings per share of 4.54 for the current year, which could signal future growth and 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 reported a negative return on equity of 401.83%, which indicates that it is not generating profit from its equity investments, raising concerns about financial efficiency.
  • Iron Mountain Incorporated's recent earnings report showed a revenue of $1.58 billion, slightly below analysts' expectations of $1.60 billion, which may indicate challenges in meeting growth targets.
  • The high dividend payout ratio of 514.75% suggests that the company is paying out more in dividends than it earns, which could be unsustainable in the long run.
  • Insider selling activity, including significant sales by the CEO and CAO, may raise red flags for potential investors regarding the confidence of management in the company's future performance.
  • The stock has a high P/E ratio of 139.46, which may indicate that it is overvalued compared to its earnings, making it a riskier investment at current price levels.

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 $125.67, with a high forecast of $140.00 and a low forecast of $112.00.

7 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Iron Mountain in the last year. There are currently 6 buy ratings and 1 strong buy rating for the stock. The consensus among Wall Street research analysts is that investors should "buy" IRM shares.

According to analysts, Iron Mountain's stock has a predicted upside of 44.57% based on their 12-month stock forecasts.

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

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


This page (NYSE:IRM) was last updated on 4/2/2025 by MarketBeat.com Staff
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