Iron Mountain (NYSE:IRM) Releases Q1 2026 Earnings Guidance

Iron Mountain (NYSE:IRM) issued an update on its first quarter 2026 earnings guidance on Thursday morning. The company provided earnings per share (EPS) guidance of 1.390-1.390 for the period, compared to the consensus estimate of 0.830. The company issued revenue guidance of $1.9 billion-$1.9 billion, compared to the consensus revenue estimate of $1.8 billion. Iron Mountain also updated its FY 2026 guidance to 5.690-5.790 EPS.

Iron Mountain Price Performance

IRM stock opened at $100.31 on Thursday. The firm has a 50 day simple moving average of $87.87 and a two-hundred day simple moving average of $93.53. The stock has a market cap of $29.65 billion, a PE ratio of 189.27 and a beta of 1.16. Iron Mountain has a one year low of $72.33 and a one year high of $108.15.

Analyst Upgrades and Downgrades

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

Insider Buying and Selling

In related news, CEO William L. Meaney sold 69,125 shares of the company’s stock in a transaction on Monday, December 1st. The shares were sold at an average price of $83.34, for a total transaction of $5,760,877.50. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, EVP Mark Kidd sold 6,000 shares of the stock in a transaction on Friday, January 2nd. The shares were sold at an average price of $83.10, for a total transaction of $498,600.00. Following the sale, the executive vice president directly owned 55,081 shares of the company’s stock, valued at $4,577,231.10. The trade was a 9.82% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 119,607 shares of company stock worth $9,970,025 over the last ninety days. Insiders own 1.90% of the company’s stock.

Institutional Inflows and Outflows

Hedge funds have recently added to or reduced their stakes in the stock. State Street Corp increased its stake in shares of Iron Mountain by 1.9% in the 3rd quarter. State Street Corp now owns 17,131,787 shares of the financial services provider’s stock worth $1,759,494,000 after acquiring an additional 322,144 shares in the last quarter. Invesco Ltd. grew its holdings in Iron Mountain by 18.1% in the third quarter. Invesco Ltd. now owns 5,066,516 shares of the financial services provider’s stock worth $516,481,000 after purchasing an additional 776,933 shares during the period. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC increased its stake in shares of Iron Mountain by 597.9% during the third quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 3,161,589 shares of the financial services provider’s stock valued at $322,292,000 after purchasing an additional 2,708,560 shares in the last quarter. Daiwa Securities Group Inc. lifted its holdings in shares of Iron Mountain by 6.6% during the third quarter. Daiwa Securities Group Inc. now owns 3,151,088 shares of the financial services provider’s stock valued at $321,221,000 after purchasing an additional 196,161 shares during the last quarter. Finally, Ameriprise Financial Inc. boosted its position in shares of Iron Mountain by 9.7% in the 2nd quarter. Ameriprise Financial Inc. now owns 1,705,824 shares of the financial services provider’s stock worth $175,931,000 after purchasing an additional 151,140 shares in the last quarter. 80.13% of the stock is owned by hedge funds and other institutional investors.

About Iron Mountain

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.