Iron Mountain (NYSE:IRM) Issues FY 2026 Earnings Guidance

Iron Mountain (NYSE:IRM) issued an update on its FY 2026 earnings guidance on Thursday morning. The company provided earnings per share (EPS) guidance of 5.690-5.790 for the period, compared to the consensus estimate of 3.440. The company issued revenue guidance of $7.6 billion-$7.8 billion, compared to the consensus revenue estimate of $7.6 billion. Iron Mountain also updated its Q1 2026 guidance to 1.390-1.390 EPS.

Iron Mountain Trading Up 1.0%

Shares of Iron Mountain stock opened at $100.31 on Thursday. Iron Mountain has a twelve month low of $72.33 and a twelve month high of $108.15. The stock has a market cap of $29.65 billion, a price-to-earnings ratio of 189.27 and a beta of 1.16. The company has a fifty day moving average price of $87.87 and a 200 day moving average price of $93.53.

Iron Mountain (NYSE:IRM) last released its quarterly earnings data on Thursday, February 12th. The financial services provider reported $0.61 EPS for the quarter, missing the consensus estimate of $1.39 by ($0.78). Iron Mountain had a net margin of 2.40% and a negative return on equity of 112.70%. Iron Mountain has set its FY 2026 guidance at 5.690-5.790 EPS and its Q1 2026 guidance at 1.390-1.390 EPS. Analysts forecast that Iron Mountain will post 4.54 earnings per share for the current year.

Analyst Upgrades and Downgrades

Several equities analysts recently commented on IRM shares. Barclays reissued an “overweight” rating and set a $126.00 price target on shares of Iron Mountain in a research report on Tuesday, January 13th. Zacks Research upgraded shares of Iron Mountain from a “strong sell” rating to a “hold” rating in a research note on Monday, October 20th. Weiss Ratings reissued a “hold (c)” rating on shares of Iron Mountain in a research report on Thursday, January 22nd. Finally, JPMorgan Chase & Co. upped their target price on shares of Iron Mountain from $100.00 to $111.00 and gave the company an “overweight” rating in a research note on Thursday, November 6th. Four research analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company’s stock. According to data from MarketBeat, Iron Mountain currently has a consensus rating of “Moderate Buy” and an average price target of $113.00.

Insiders Place Their Bets

In other news, EVP Mark Kidd sold 6,000 shares of the company’s stock in a transaction dated Friday, January 2nd. The shares were sold at an average price of $83.10, for a total value of $498,600.00. Following the sale, the executive vice president owned 55,081 shares in the company, valued at approximately $4,577,231.10. This represents a 9.82% decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, CEO William L. Meaney sold 69,125 shares of Iron Mountain stock in a transaction dated Monday, December 1st. The stock was sold at an average price of $83.34, for a total value of $5,760,877.50. The SEC filing for this sale provides additional information. Insiders have sold a total of 119,607 shares of company stock worth $9,970,025 over the last quarter. 1.90% of the stock is currently owned by insiders.

Institutional Investors Weigh In On Iron Mountain

A number of institutional investors have recently made changes to their positions in the company. Johnson Financial Group Inc. bought a new position in Iron Mountain during the 3rd quarter worth $32,000. Wealth Watch Advisors INC bought a new stake in Iron Mountain in the third quarter valued at $44,000. Quarry LP boosted its holdings in shares of Iron Mountain by 52.7% during the third quarter. Quarry LP now owns 852 shares of the financial services provider’s stock valued at $87,000 after acquiring an additional 294 shares during the period. MUFG Securities EMEA plc acquired a new position in shares of Iron Mountain during the second quarter valued at $89,000. Finally, Headlands Technologies LLC acquired a new stake in shares of Iron Mountain in the 2nd quarter worth about $115,000. 80.13% of the stock is currently owned by institutional investors.

Iron Mountain Company Profile

Iron Mountain Incorporated is a global information management company that helps organizations protect, store, and manage their physical and digital information. The firm provides a range of services including secure records storage, document imaging and digitization, secure shredding and destruction, and information governance solutions designed to support regulatory compliance and business continuity. Iron Mountain also offers specialized secure storage environments and logistics for sensitive assets such as art, medical records, and legal archives.

Beyond traditional records management, Iron Mountain has expanded into technology-driven services to support customers’ digital transformation.