Iron Mountain Incorporated (IRM)
NYSE: IRM · Real-Time Price · USD
105.10
+3.48 (3.42%)
Dec 20, 2024, 4:00 PM EST - 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 131, with a low estimate of 120 and a high estimate of 140. The average target predicts an increase of 24.64% from the current stock price of 105.10.

Analyst Consensus: Strong Buy
Target Low Average Median High
Price $120 $131 $135 $140
Change +14.18% +24.64% +28.45% +33.21%

Analyst Ratings

The average analyst rating for Iron Mountain stock from 6 stock analysts is "Strong Buy". This means that analysts believe this stock is likely to perform very well in the near future and significantly outperform the market.

Recommendation Trends

Rating Jul '24Aug '24Sep '24Oct '24Nov '24Dec '24
Strong Buy 222222
Buy 343344
Hold 000000
Sell 000000
Strong Sell 111100
Total 676666

Latest Forecasts

Analyst Firm Rating Rating Action Price Target Upside Date
RBC Capital
RBC Capital
Buy
Maintains
$135$139
Buy Maintains $135$139 +32.25% Nov 27, 2024
Barclays
Barclays
Buy
Maintains
$133$131
Buy Maintains $133$131 +24.64% Nov 18, 2024
Wells Fargo
Wells Fargo
Buy
Maintains
$120$135
Buy Maintains $120$135 +28.45% Oct 17, 2024
Barclays
Barclays
Buy
Maintains
$91$133
Buy Maintains $91$133 +26.55% Oct 9, 2024
Stifel
Stifel
Strong Buy
Maintains
$117$140
Strong Buy Maintains $117$140 +33.21% Sep 23, 2024
More Analyst Ratings

Financial Forecast

Revenue This Year
6.23B
Revenue Next Year
6.85B
from 6.23B
Increased by 9.98%
EPS This Year
1.86
from 0.63
Increased by 194.61%
EPS Next Year
2.12
from 1.86
Increased by 14.32%
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
-----6.23B6.85B7.48B
Revenue Growth
0.87%-2.71%8.30%13.63%7.38%-9.98%9.11%
EPS
0.931.191.551.900.631.862.122.31
EPS Growth
-24.77%27.82%30.35%22.58%-66.84%194.61%14.32%9.00%
Forward PE
-----56.6349.5345.44
No. Analysts -----887
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue 2024202520262027
High 6.5B 7.2B 8.0B
Avg 6.2B 6.9B 7.5B
Low 6.0B 6.4B 6.8B

Revenue Growth

Revenue Growth 2024202520262027
High -
16.3%
17.1%
Avg -
10.0%
9.1%
Low -
3.4%
-0.2%

EPS Forecast

EPS 202420252026
High 2.10 2.93 2.92
Avg 1.86 2.12 2.31
Low 1.71 1.75 1.98

EPS Growth

EPS Growth 202420252026
High
233.3%
58.1%
37.6%
Avg
194.6%
14.3%
9.0%
Low
172.2%
-5.5%
-6.7%
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.