Iron Mountain Incorporated (IRM)
NYSE: IRM · IEX Real-Time Price · USD
74.42
-0.73 (-0.97%)
At close: Apr 18, 2024, 4:00 PM
71.09
-3.33 (-4.47%)
Pre-market: Apr 19, 2024, 9:07 AM EDT
Iron Mountain Stock Forecast
Stock Price Forecast
The 5 analysts with 12-month price forecasts for Iron Mountain stock have an average target of 73.8, with a low estimate of 44 and a high estimate of 91. The average target predicts a decrease of -0.83% from the current stock price of 74.42.
Analyst Consensus: Buy
* Price targets were last updated on Mar 15, 2024.
Analyst Ratings
The average analyst rating for Iron Mountain stock from 5 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 | Nov '23 | Dec '23 | Jan '24 | Feb '24 | Mar '24 | Apr '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 0 | 0 | 1 | 1 | 1 | 1 |
| Buy | 4 | 4 | 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 | 5 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Wells Fargo | Wells Fargo | Buy Maintains $80 → $90 | Buy | Maintains | $80 → $90 | +20.94% | Mar 15, 2024 |
| Barclays | Barclays | Buy Maintains $79 → $91 | Buy | Maintains | $79 → $91 | +22.28% | Mar 5, 2024 |
| Wells Fargo | Wells Fargo | Buy Maintains $75 → $80 | Buy | Maintains | $75 → $80 | +7.50% | Feb 23, 2024 |
| Barclays | Barclays | Buy Maintains $69 → $79 | Buy | Maintains | $69 → $79 | +6.15% | Jan 24, 2024 |
| Stifel | Stifel | Strong Buy Maintains $65 → $76 | Strong Buy | Maintains | $65 → $76 | +2.12% | Jan 23, 2024 |
Financial Forecast
Revenue This Year
6.15B
from 5.48B
Increased by 12.18%
Revenue Next Year
6.73B
from 6.15B
Increased by 9.39%
EPS This Year
1.98
from 0.63
Increased by 214.49%
EPS Next Year
2.16
from 1.98
Increased by 9.26%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 6.4B | 7.1B | 7.7B |
| Avg | 6.1B | 6.7B | 7.3B |
| Low | 5.9B | 6.4B | 6.8B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 17.0% | 15.7% | 15.1% |
| Avg | 12.2% | 9.4% | 8.3% |
| Low | 8.5% | 3.6% | 0.6% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 2.17 | 2.49 | 2.40 |
| Avg | 1.98 | 2.16 | 2.14 |
| Low | 1.80 | 1.99 | 1.99 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 245.0% | 25.6% | 11.1% |
| Avg | 214.5% | 9.3% | -1.1% |
| Low | 186.2% | 0.4% | -8.1% |
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.