Are Wall Street Analysts Predicting Iron Mountain Stock Will Climb or Sink?

Core Insights - Iron Mountain Incorporated (IRM) is a global leader in information management with a market cap of $30.2 billion, specializing in secure storage and management of physical and digital assets [1] Financial Performance - For FY2025 Q3, IRM reported a revenue increase of 12.6% year-over-year to $1.75 billion, driven by strong demand in storage and services [4] - Storage rental revenue rose by 10% to $1.03 billion, while service revenue increased by 16% to $721 million [4] - Adjusted EBITDA reached a record $660 million, up 16%, with a margin expansion of 110 basis points [5] - The company's AFFO increased by 17% to $1.32 per share, with analysts projecting a 154.8% year-over-year increase to $4.51 per share for the current fiscal year [5][6] Market Performance - IRM shares have declined by 13.9% over the past year, underperforming the S&P 500 Index, which gained 14.1% [2] - Year-to-date, IRM shares are down 3.8%, compared to the S&P 500's 16.4% return [2] - The company has also struggled against the Real Estate Select Sector SPDR Fund's 4.2% decline over the past 52 weeks [3] Analyst Ratings - Among 11 analysts covering IRM, the consensus rating is a "Moderate Buy," with eight "Strong Buy" ratings, one "Moderate Buy," one "Hold," and one "Strong Sell" [6] - JPMorgan's Andrew Steinerman raised the price target for IRM to $111 from $100, maintaining an "Overweight" rating [7]