Iron Mountain Stock: Analyst Estimates & Ratings
Iron Mountain (IRM) stock rose 1.3% on Aug. 5 after Q2 2026 earnings. The company reported $2.0B revenue, up 18.5% year over year, and AFFO per share of $1.44, both above estimates. Full-year guidance calls for EPS of $5.87 to $5.93 and revenue of $7.94B to $8.01B. Analysts rate IRM a consensus Strong Buy, with RBC setting a $147 target.
How this was made

The 30-second read
Why it matters
The only concrete company-specific fundamentals are the Q2 2026 revenue/AFFO figures and the full-year EPS and revenue guidance ranges, plus a cited RBC price target update. The rest is ratings distribution and implied upside.
Market read
Traders get a quick snapshot of where Street expectations stand after the Q2 beat, including consensus rating mix and upside implied by mean and high targets.
What to watch
The article does not discuss margin trajectory, cash flow quality beyond AFFO, or competitive/data-center capex risks that could challenge the guidance credibility.
Background
The piece summarizes Iron Mountain’s business, recent performance versus benchmarks, and then focuses on Q2 2026 results and analyst rating/price-target consensus.
Ticker impact
Iron Mountain reported Q2 2026 results with revenue up 18.5% to $2.0B and AFFO per share $1.44, plus full-year EPS guidance $5.87-$5.93.
Near-term upside bias is plausible if traders treat the guidance range as credible, but follow-through may be limited because the newest disclosed event is the Aug. 5 earnings already referenced.
The text provides concrete earnings and guidance numbers, yet it frames them alongside consensus ratings and price targets, with no new post-earnings revision or incremental analyst action beyond a stated RBC PT.
Market effects
Supports sentiment for information management and data services demand, but no sector-wide policy or competitive shock is disclosed.
No specific regional macro or regulatory driver is cited.
Global customer footprint is mentioned, but there is no new international development affecting risk or demand.
Counterpoint
Analyst consensus and price targets can lag fundamentals; without new guidance changes or incremental revisions, the trade may already be priced after the Aug. 5 earnings beat.
Key entities
- companyIron Mountain Incorporated
Information management services provider; subject of the article with Q2 2026 results and full-year guidance cited.
- analyst_firmRBC Capital
Cited as maintaining a Buy rating and setting a $147 price target on Aug. 11.


