Iron Mountain Stock - Truist lifts target after Q1 beat
22.06.2026 - 10:11:46 | ad-hoc-news.deEdited by ad hoc news Analyst & Consensus Desk. Verified prior to publication on 06/22/2026, 08:25 UTC. Details in the imprint.
Iron Mountain (US46284V1017) draws renewed analyst attention after recent earnings. Truist raised its price target to $140 from $130 and reiterated a Buy rating following better-than-expected first-quarter results, according to a Truist update summarized by Intellectia.ai.
All news and analysis on Iron Mountain stock
Follow the latest analyst updates, filings and price data on Iron Mountain stock in one place.
Truist turns more optimistic
Truist analyst Tobey Sommer lifted his Iron Mountain price target by $10 to $140 and kept a Buy rating after the company delivered a first-quarter earnings beat versus expectations, according to an Intellectia.ai summary of the call.
The broker highlighted Iron Mountain's sustained growth profile and strong customer retention as key supports for the revised target, while pointing to the company's ability to pass through price increases and expand into data center services.
How the broader analyst view looks
Zacks currently assigns Iron Mountain a Rank #3 (Hold) but notes that the stock carries a VGM Score of B, reflecting solid value, growth and momentum characteristics in combination. Zacks research on Iron Mountain also flags improving earnings estimates.
According to Zacks, two analysts raised their earnings estimates for fiscal 2026 within the last 60 days, and the consensus forecast climbed by $0.13 to $5.85 per share, underscoring a cautiously constructive sell-side stance on the storage and information management specialist.
The product behind the stock
Iron Mountain generates most of its revenue by storing and managing physical records for corporate and government clients worldwide, while increasingly expanding into digital solutions and colocation data center capacity tied to long-term customer contracts.
Where the stock trades today
The shares of Iron Mountain (US46284V1017) trade on the New York Stock Exchange at $127.78 as of 06/18/2026, 15:59 Eastern Time.
Key facts on Iron Mountain stock
- Company: Iron Mountain Inc.
- ISIN: US46284V1017
- WKN: A14MS9
- Ticker: IRM
- Venue: NYSE
- Price (as of 06/18/2026, 15:59 Eastern Time): 127.78 USD
- Market cap: 37,400,000,000 USD (as of 06/18/2026)
- Sector / Industry: Real Estate / Specialized REITs
- Index membership: S&P 500
- Next earnings date: not officially scheduled
This article was AI-assisted and editorially reviewed. Price and company data without warranty; prices and dates may change at short notice. No investment advice, no buy or sell recommendation. Trading securities involves risk up to total loss of capital.
