Iron Mountain stock carries 18.5 percent revenue growth into review

Published on 09/25/2026 at 12:16 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Iron Mountain stock posted Q2 2026 AFFO of USD 1.44 per share, up 16.1 percent year over year. Truist raised its target to USD 155 from USD 140 on August 27, 2026.

Iron Mountain, US46284V1017, Illustration mit AI erstellt.

Iron Mountain (ISIN US46284V1017) stock stood at USD 114.09 on the NYSE on September 24, 2026, after a USD 1.00 daily decline, while second-quarter revenue reached USD 2.03 billion, up 18.5 percent year over year. The result gives the data-storage real estate investment trust a measurable operating cushion as analysts reassess its valuation.

Revenue beat meets higher guidance

Iron Mountain's second-quarter 2026 AFFO was USD 1.44 per share, up 16.1 percent from the prior-year period, according to Zacks. The figure exceeded the consensus estimate by 2.9 percent, while revenue topped the USD 1.97 billion consensus mark by USD 60 million.

The company also raised full-year 2026 AFFO guidance to USD 5.87-5.93 per share from USD 5.79-5.86, a change that places the midpoint at USD 5.90. MarketBeat identifies the reporting period as the second quarter and the earnings announcement date as August 5, 2026.

Targets remain above the quote

Analyst attention has stayed constructive after the results. According to MarketScreener, Truist raised its Iron Mountain target from USD 140 to USD 155 and kept a Buy rating on August 27, 2026. That target is USD 40.91, or 35.9 percent, above the September 24 price.

The broader consensus cited by MarketBeat was Moderate Buy with an average target of USD 139.83. The gap between that average and the market price remains a valuation signal, but the daily decline shows that operating growth has not removed short-term price sensitivity.

Stock stays below yearly high

Iron Mountain's September 24 reference price was USD 20.59 below its 52-week high of USD 134.68 and USD 36.32 above its 52-week low of USD 77.77. Trading volume was 945,085 shares, compared with average volume of 1,810,063, while market capitalization stood at USD 33.94 billion.

For investors, the central calculation is straightforward: quarterly revenue growth of 18.5 percent and higher AFFO guidance support the business case, while the stock remains 15.3 percent below its 52-week high. The next valuation test is whether operating growth can narrow that distance without a fresh expansion in the earnings multiple.