Iron Mountain Incorporated (IRM)
NYSE: IRM · IEX Real-Time Price · USD
90.85
+1.16 (1.29%)
At close: Jul 2, 2024, 4:00 PM
90.30
-0.55 (-0.61%)
After-hours: Jul 2, 2024, 7:05 PM EDT
Iron Mountain Stock Forecast
Stock Price Forecast
The 6 analysts with 12-month price forecasts for Iron Mountain stock have an average target of 78.33, with a low estimate of 44 and a high estimate of 101. The average target predicts a decrease of -13.78% from the current stock price of 90.85.
Analyst Consensus: Buy
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 | Jan '24 | Feb '24 | Mar '24 | Apr '24 | May '24 | Jun '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 1 | 1 | 1 | 1 | 1 | 2 |
| Buy | 3 | 3 | 3 | 3 | 3 | 3 |
| Hold | 0 | 0 | 0 | 0 | 0 | 0 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 1 | 1 | 1 | 1 | 1 | 1 |
| Total | 5 | 5 | 5 | 5 | 5 | 6 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Goldman Sachs | Goldman Sachs | Strong Buy Maintains $89 → $101 | Strong Buy | Maintains | $89 → $101 | +11.17% | Jun 27, 2024 |
| Wells Fargo | Wells Fargo | Buy Maintains $80 → $90 | Buy | Maintains | $80 → $90 | -0.94% | Mar 15, 2024 |
| Barclays | Barclays | Buy Maintains $79 → $91 | Buy | Maintains | $79 → $91 | +0.17% | Mar 5, 2024 |
| Wells Fargo | Wells Fargo | Buy Maintains $75 → $80 | Buy | Maintains | $75 → $80 | -11.94% | Feb 23, 2024 |
| Barclays | Barclays | Buy Maintains $69 → $79 | Buy | Maintains | $69 → $79 | -13.04% | Jan 24, 2024 |
Financial Forecast
Revenue This Year
6.17B
from 5.48B
Increased by 12.59%
Revenue Next Year
6.75B
from 6.17B
Increased by 9.35%
EPS This Year
1.93
from 0.63
Increased by 207.01%
EPS Next Year
2.10
from 1.93
Increased by 8.53%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 |
|---|---|---|---|---|
| High | 6.5B | 7.2B | 7.8B | 8.1B |
| Avg | 6.2B | 6.7B | 7.3B | 7.8B |
| Low | 6.0B | 6.4B | 6.8B | 7.6B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 |
|---|---|---|---|---|
| High | 17.8% | 16.1% | 15.6% | 11.4% |
| Avg | 12.6% | 9.4% | 8.2% | 7.1% |
| Low | 8.6% | 3.2% | 0.2% | 4.0% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 2.14 | 2.51 | 2.81 |
| Avg | 1.93 | 2.10 | 2.33 |
| Low | 1.74 | 1.87 | 2.01 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 240.0% | 29.7% | 34.1% |
| Avg | 207.0% | 8.5% | 11.1% |
| Low | 176.9% | -3.2% | -4.3% |
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.