Iron Mountain Incorporated (IRM), with a market capitalization of approximately $33.7 billion, is an information management and storage company that helps businesses securely store, digitize, and manage physical records and digital data. Based in Portsmouth, New Hampshire, the company offers document scanning, records storage, data protection, cloud-based content management, and AI-powered workflow automation services.
IRM is set to report its Q3 earnings on Thursday, November 5, 2026, before the market opens. Ahead of the release, analysts expect the company to report diluted EPS of $1.35, up 150% from 54 cents in the year-ago quarter. Moreover, IRM has surpassed Wall Street’s EPS estimates in each of the past four quarters, highlighting its consistent earnings performance.
More Top Stocks Daily: Go behind Wall Street’s hottest headlines with Barchart’s Active Investor newsletter.
For fiscal 2026, analysts expect the company to report EPS of $5.42, up 155.7% from $2.12 in fiscal 2025. EPS is projected to increase another 10.9% year over year to $6.01 in fiscal 2027.
www.barchart.comIRM stock has climbed 9.9% over the past 52 weeks, underperforming the S&P 500 Index ($SPX), which gained 15.2%. However, IRM outperformed the State Street Real Estate Select Sector SPDR ETF (XLRE), which declined marginally over the same period.
www.barchart.comIron Mountain’s digital services business is gaining industry recognition, with first-time placements in four analyst reports from Gartner, IDC, and Forrester highlighting its AI-powered InSight DXP platform. Combining intelligent document processing, AI-driven automation, and information governance, the platform positions the company to capitalize on growing enterprise demand for digital solutions. Customer adoption is also expanding, including a partnership with Saudi Arabia’s Social Development Bank.
On Sept. 15, Iron Mountain announced a partnership with the Opéra national de Paris to preserve and digitize its historical poster collection, making the assets accessible online through InSight DXP. The agreement demonstrates the platform’s versatility across customer segments and reinforces Iron Mountain’s expansion beyond traditional information storage into digital content management.
Analysts remain bullish on IRM, with a consensus “Strong Buy” rating. Of the 13 analysts covering the stock, 10 recommend a “Strong Buy,” one a “Moderate Buy,” one a “Hold,” and one a “Strong Sell.” Meanwhile, the average price target of $133.77 suggests potential upside of 16.6% from the current share price.
On the date of publication, Kritika Sarmah did not have (either directly or indirectly) positions in any of the securities mentioned in this article. All information and data in this article is solely for informational purposes. For more information please view the Barchart Disclosure Policy here.
More news from Barchart
With Attractive Valuations and Robust Growth, Nvidia Stock Is Positioned to Create Value Google Hits Major Quantum Breakthrough. This Could Be a Game-Changer for GOOGL Stock. Nebius Stock Alert: I’m Watching This 43% Crash as AI Bubble Fears Return Apple Has Joined the $5 Trillion Club. Its Holiday Quarter Now Faces a Big Test