Iron Mountain Stock Forecast

Stock Price Forecast

The 5 analysts with 12-month price forecasts for Iron Mountain stock have an average target of 129.4, with a low estimate of 120 and a high estimate of 140. The average target predicts an increase of 9.12% from the current stock price of 118.58.

Analyst Consensus: Strong Buy

Target	Low	Average	Median	High
Price	$120	$129.4	$131	$140
Change	+1.20%	+9.12%	+10.47%	+18.06%

Analyst Ratings

The average analyst rating for Iron Mountain stock from 5 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	Jun '24	Jul '24	Aug '24	Sep '24	Oct '24	Nov '24
Strong Buy	2	2	2	2	2	2
Buy	3	3	4	3	3	3
Hold	0	0	0	0	0	0
Sell	0	0	0	0	0	0
Strong Sell	1	1	1	1	1	0
Total	6	6	7	6	6	5

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Brendan Lynch Barclays	Barclays	Buy Maintains $133 → $131	Buy	Maintains	$133 → $131	+10.47%	Nov 18, 2024
Eric Luebchow Wells Fargo	Wells Fargo	Buy Maintains $120 → $135	Buy	Maintains	$120 → $135	+13.85%	Oct 17, 2024
Brendan Lynch Barclays	Barclays	Buy Maintains $91 → $133	Buy	Maintains	$91 → $133	+12.16%	Oct 9, 2024
Shlomo Rosenbaum Stifel	Stifel	Strong Buy Maintains $117 → $140	Strong Buy	Maintains	$117 → $140	+18.06%	Sep 23, 2024
Andrew Steinerman JP Morgan	JP Morgan	Buy Maintains $82 → $121	Buy	Maintains	$82 → $121	+2.04%	Aug 2, 2024

More Analyst Ratings

Financial Forecast

Revenue This Year

6.31B

Revenue Next Year

6.95B

from 6.31B

10.05%

from 6.31B

EPS This Year

1.85

from 0.63

193.38%

from 0.63

EPS Next Year

1.98

from 1.85

7.29%

from 1.85

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	-	-	-	-	-	6.31B	6.95B	7.46B
Revenue Growth	0.87%	-2.71%	8.30%	13.63%	7.38%	-	10.05%	7.47%
EPS	0.93	1.19	1.55	1.90	0.63	1.85	1.98	2.31
EPS Growth	-24.77%	27.82%	30.35%	22.58%	-66.84%	193.38%	7.29%	16.64%
Forward PE	-	-	-	-	-	64.16	59.80	51.27
No. Analysts	-	-	-	-	-	8	8	7

Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue	2024	2025	2026
High	7.2B	8.0B	8.0B
Avg	6.3B	6.9B	7.5B
Low	6.0B	6.4B	6.8B

Revenue Growth

Revenue Growth	2024	2025	2026
High	-	27.1%	15.5%
Avg	-	10.0%	7.5%
Low	-	0.9%	-2.6%

EPS Forecast

EPS	2024	2025	2026
High	2.10	2.35	2.92
Avg	1.85	1.98	2.31
Low	1.71	1.75	1.98

EPS Growth

EPS Growth	2024	2025	2026
High	233.3%	27.3%	47.2%
Avg	193.4%	7.3%	16.6%
Low	172.2%	-5.1%	-0.2%

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.