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

Iron Mountain (NYSE:IRM) updated its first quarter 2026 earnings guidance on Thursday. 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 Trading Up 1.0%

NYSE IRM opened at $100.31 on Thursday. Iron Mountain has a 12 month low of $72.33 and a 12 month high of $108.15. The stock’s fifty day moving average price is $87.87 and its 200-day moving average price is $93.53. The stock has a market cap of $29.65 billion, a P/E ratio of 189.27 and a beta of 1.16.

Analyst Ratings Changes

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

Insider Buying and Selling at Iron Mountain

In related news, EVP Mark Kidd sold 6,000 shares of the company’s stock in a transaction on Friday, January 2nd. The stock was sold at an average price of $83.10, for a total transaction of $498,600.00. Following the completion of 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 ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CEO William L. Meaney sold 38,482 shares of the stock in a transaction dated Friday, January 2nd. The shares were sold at an average price of $83.17, for a total value of $3,200,547.94. The SEC filing for this sale provides additional information. Insiders sold 119,607 shares of company stock valued at $9,970,025 in the last ninety days. 1.90% of the stock is currently owned by corporate insiders.

Institutional Trading of Iron Mountain

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in IRM. B. Riley Wealth Advisors Inc. purchased a new position in Iron Mountain during the second quarter valued at $416,000. Geneos Wealth Management Inc. raised its stake in shares of Iron Mountain by 145.3% in the second quarter. Geneos Wealth Management Inc. now owns 2,399 shares of the financial services provider’s stock worth $246,000 after buying an additional 1,421 shares during the period. ICONIQ Capital LLC bought a new position in shares of Iron Mountain in the second quarter worth about $286,000. Great Valley Advisor Group Inc. lifted its position in shares of Iron Mountain by 28.8% during the 2nd quarter. Great Valley Advisor Group Inc. now owns 4,284 shares of the financial services provider’s stock valued at $440,000 after buying an additional 959 shares in the last quarter. Finally, CTC Alternative Strategies Ltd. bought a new position in shares of Iron Mountain during the 2nd quarter valued at approximately $492,000. 80.13% of the stock is owned by hedge funds and other 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.