Iron Mountain stock gained 3.71 percent on October 6

Published on 10/07/2026 at 06:56 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Goldman Sachs maintained a USD 155.00 target on October 5. Q2 revenue reached USD 2.03 billion, up 19 percent year over year, while consensus targets USD 144.91.

Bauhaus-Grafik mit REIT und NYSE Typografie in Rot, Schwarz und Creme — Iron Mountain Immobilien-REIT US46284V1017 als Bauhaus-Poster mit geometrischen Formen REIT und NYSE Schriftzügen, Illustration mit AI erstellt.

Iron Mountain (ISIN US46284V1017) stock was last at USD 116.50 on the NYSE on October 6, 2026 at 4:02 p.m. ET, up 3.71 percent from the prior close. The latest analyst update came from Goldman Sachs, which maintained a Buy rating and a USD 155.00 price target on October 5, as reported by Markets Insider.

Q2 revenue reached USD 2.03 billion

Iron Mountain's second-quarter 2026 revenue rose 19 percent year over year to USD 2.03 billion, according to Yahoo Finance on August 5, 2026. Adjusted EBITDA reached a record USD 727 million, up 16 percent, while AFFO rose 17 percent to USD 433 million.

The growth mix is changing the earnings profile. Data centers, asset lifecycle management and digital services collectively grew more than 50 percent in Q2 and represented 35 percent of revenue, up from 27.5 percent a year earlier, according to Yahoo Finance.

Guidance points to double digit growth

Management raised full-year 2026 guidance to USD 7.94 billion-USD 8.01 billion of revenue and USD 2.945 billion-USD 2.975 billion of adjusted EBITDA. The midpoint implies 16 percent revenue growth and 15 percent adjusted EBITDA growth, according to Yahoo Finance.

The main operating counterweight is execution timing. Iron Mountain said its data center leases can be lumpy, while 325 megawatts of capacity remain scheduled for energization over the next 24 months, according to Yahoo Finance.

Analysts see room above USD 116.50

The consensus rating is Buy among 12 analysts, with 11 Buy ratings, 0 Hold ratings and 1 Sell rating. The average target of USD 144.91 lies 24.39 percent above the USD 116.50 price, while the published range runs from USD 132.00 to USD 155.00, according to Investing.com.

Iron Mountain stock remains below yearly high

Iron Mountain stock was last at USD 116.50 on October 6, 2026 at 4:02 p.m. ET, with a 52-week range of USD 77.77 to USD 134.68. Its market capitalization was USD 34.7 billion on the same date, placing the stock 13.50 percent below its 52-week high.