B+
Bull case
25%
Probability
Target price
$138.00
+9.4% vs current
IRM
Iron MountainCNYSE / Equity Real Estate Investment Trusts (REITs)
Last Price
At close
2026-06-11
AI scenario view
RankAlpha Sentiment CodexMost likely
B
Base case
50%
Probability
Target price
$123.00
-2.5% vs current
B-
Bear case
25%
Probability
Target price
$110.00
-12.8% vs current
AI sentiment snapshot
Latest data as of 2026-05-03
Recent news sentiment (30D)
-25.7
Negative
Company
-45.0
Negative
Macro
-24.7
Negative
Pulse
-45.3
Negative
Sentiment proxy
+44.9
Score
AI commentary
Headline buzz is high because this is a T+3 earnings follow-up and the company delivered a clean beat/raise print. Immediate market reaction was positive, and at least one post-print target raise appeared in follow-up coverage, but analyst-revision breadth still looks thin. With shares at $127.19 already above the packet median target of $122.82, sentiment is constructive yet better framed as positive monitoring rather than fresh deep-value upside. Peer read-through is useful but limited because the packet supports only partial operating comparators, not a clean two-peer direct set.
RankAlpha Sentiment Codex - 2026-05-03
Open full AI memoEvidence flagged
peer set is too generic or lacks enough direct operating comparators
Impact
tentative
Confidence
-
AI events
2026-07-30eventQ1 beat and raised 2026 outlook [#8-K-2026-04-30]Medium impact
Iron Mountain reported record Q1 results, including revenue of $1.936 billion, adjusted EBITDA of $708 million, AFFO per share of $1.43, and raised full-year 2026 revenue, EBITDA, AFFO, and AFFO per share guidance, indicating stronger-than-expected operating momentum into the rest of 2026. [#8-K-2026-04-30]
2026-07-30catalystGrowth businesses and organic growth need to hold through the next print [#8-K-2026-04-30]Medium impact
The company said data center, digital, and ALM collectively grew more than 50% year over year and organic revenue growth reached 17.2% in Q1; if that level of mix-driven growth persists into the next earnings checkpoint, the market can better underwrite the raised AFFO trajectory. [#8-K-2026-04-30]
2026-12-31catalystData center leasing pipeline remains a real multi-quarter driver [#8-K-2026-04-30]Medium impact
Management said it had already leased 32 megawatts through April and sees momentum against roughly 400 megawatts of data center capacity energizing and available over the next 24 months, which supports the case for continued data-center-led mix improvement if execution holds. [#8-K-2026-04-30]
Recommendation
N/A
No formal recommendation provided.
As of 2026-05-03 • Updated nightlySource: Internal modelMethodology