Iron Mountain (IRM) Set to Post Quarterly Earnings on Thursday

Iron Mountain (NYSE:IRM) is anticipated to release its Q3 2026 results before the market opens on Thursday, November 5th. Analysts expect Iron Mountain to post earnings of $0.6120 per share and revenue of $1.99 billion for the quarter. Parties can find conference call details on the company’s upcoming Q3 2026 earnings summary page for the latest details on the call scheduled for Thursday, November 5, 2026 at 8:30 AM ET.

Iron Mountain (NYSE:IRM) last posted its quarterly earnings data on Wednesday, August 5th. The financial services provider reported $0.60 EPS for the quarter, beating the consensus estimate of $0.54 by $0.06. Iron Mountain had a net margin of 5.54% and a negative return on equity of 85.44%. The firm had revenue of $2.03 billion during the quarter, compared to analyst estimates of $1.97 billion. During the same quarter last year, the business posted $1.24 EPS. The company’s revenue for the quarter was up 18.5% on a year-over-year basis. On average, analysts expect Iron Mountain to post $5.42 EPS for the current fiscal year and $6.01 EPS for the next fiscal year.

Iron Mountain Stock Up 1.2%

Iron Mountain stock opened at $116.61 on Wednesday. Iron Mountain has a 52 week low of $77.77 and a 52 week high of $134.68. The company’s 50 day moving average price is $114.44 and its two-hundred day moving average price is $115.13. The stock has a market cap of $34.71 billion, a P/E ratio of 83.29 and a beta of 1.18.

Insiders Place Their Bets

In other news, EVP Greg W. Mcintosh sold 5,000 shares of the stock in a transaction that occurred on Monday, November 2nd. The shares were sold at an average price of $116.96, for a total transaction of $584,800.00. Following the completion of the transaction, the executive vice president directly owned 65,634 shares of the company’s stock, valued at $7,676,552.64. This represents a 7.08% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CEO William L. Meaney sold 38,474 shares of the stock in a transaction that occurred on Thursday, October 1st. The shares were sold at an average price of $110.45, for a total transaction of $4,249,453.30. Following the transaction, the chief executive officer directly owned 38,474 shares of the company’s stock, valued at $4,249,453.30. This represents a 50.00% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last 90 days, insiders have sold 142,422 shares of company stock valued at $16,465,899. Company insiders own 1.70% of the company’s stock.

Analysts Set New Price Targets

A number of brokerages recently commented on IRM. JPMorgan Chase & Co. increased their price target on Iron Mountain from $138.00 to $147.00 and gave the company an “overweight” rating in a research report on Thursday, August 6th. BNP Paribas Exane boosted their price objective on Iron Mountain from $138.00 to $145.00 and gave the stock an “outperform” rating in a research report on Wednesday, August 5th. Truist Financial boosted their price objective on Iron Mountain from $140.00 to $155.00 and gave the stock a “buy” rating in a research report on Thursday, August 27th. The Goldman Sachs Group upped their price objective on Iron Mountain from $153.00 to $155.00 and gave the company a “buy” rating in a research note on Tuesday, October 6th. Finally, Weiss Ratings downgraded Iron Mountain from a “buy (b-)” rating to a “hold (c+)” rating in a research note on Tuesday, August 25th. Eight analysts have rated the stock with a Buy rating and two have given a Hold rating to the company. According to data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $143.89.

About Iron Mountain

Iron Mountain Incorporated (NYSE: IRM) is a global information management and storage company that helps organizations protect, manage and optimize their physical and digital assets. Founded in 1951, the company began as a records storage provider and has expanded into a broader information lifecycle management business.

Its services include records storage and retrieval, information governance, secure shredding and destruction, document scanning, digital transformation, backup and recovery, and data center services.