Iron Mountain Incorporated (IRM)
NYSE: IRM · Real-Time Price · USD
117.31
-2.01 (-1.68%)
Sep 26, 2024, 4:00 PM EDT - Market closed

Iron Mountain Stock Forecast

Stock Price Forecast

The 6 analysts with 12-month price forecasts for Iron Mountain stock have an average target of 106, with a low estimate of 44 and a high estimate of 140. The average target predicts a decrease of -9.64% from the current stock price of 117.31.

Analyst Consensus: Buy
Target Low Average Median High
Price $44 $106 $120 $140
Change -62.49% -9.64% +2.29% +19.34%

Analyst Ratings

The average analyst rating for Iron Mountain stock from 6 stock analysts is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.

Recommendation Trends

Rating Apr '24May '24Jun '24Jul '24Aug '24Sep '24
Strong Buy 112222
Buy 333343
Hold 000000
Sell 000000
Strong Sell 111111
Total 556676

Latest Forecasts

Analyst Firm Rating Rating Action Price Target Upside Date
Stifel
Stifel
Strong Buy
Maintains
$117$140
Strong Buy Maintains $117$140 +19.34% Sep 23, 2024
JP Morgan
JP Morgan
Buy
Maintains
$82$121
Buy Maintains $82$121 +3.15% Aug 2, 2024
Wells Fargo
Wells Fargo
Buy
Maintains
$110$120
Buy Maintains $110$120 +2.29% Aug 2, 2024
Goldman Sachs
Goldman Sachs
Strong Buy
Maintains
$106$120
Strong Buy Maintains $106$120 +2.29% Aug 2, 2024
Wells Fargo
Wells Fargo
Buy
Maintains
$90$110
Buy Maintains $90$110 -6.23% Jul 23, 2024
More Analyst Ratings

Financial Forecast

Revenue This Year
6.20B
Revenue Next Year
6.81B
from 6.20B
Increased by 9.83%
EPS This Year
1.91
from 0.63
Increased by 203.96%
EPS Next Year
2.16
from 1.91
Increased by 12.97%
Fiscal Year FY 2019 FY 2020 FY 2021 FY 2022 FY 2023 FY 2024 FY 2025 FY 2026
Period Ending Dec 31, 2019 Dec 31, 2020 Dec 31, 2021 Dec 31, 2022 Dec 31, 2023 Dec 31, 2024 Dec 31, 2025 Dec 31, 2026
Revenue
-----6.20B6.81B7.35B
Revenue Growth
0.87%-2.71%8.30%13.63%7.38%-9.83%7.92%
EPS
0.931.191.551.900.631.912.162.37
EPS Growth
-24.77%27.82%30.35%22.58%-66.84%203.96%12.97%9.34%
Forward PE
-----61.2654.2249.59
No. Analysts -----886
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue 2024202520262027
High 6.5B 7.2B 7.8B
Avg 6.2B 6.8B 7.3B
Low 6.0B 6.4B 6.8B

Revenue Growth

Revenue Growth 2024202520262027
High -
16.3%
15.0%
Avg -
9.8%
7.9%
Low -
2.8%
-0.6%

EPS Forecast

EPS 202420252026
High 2.10 2.52 2.98
Avg 1.91 2.16 2.37
Low 1.78 1.95 2.01

EPS Growth

EPS Growth 202420252026
High
233.3%
31.6%
37.8%
Avg
204.0%
13.0%
9.3%
Low
183.1%
1.8%
-7.1%
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.