finance.yahoo.com ·
iron mountain irm price target 175144231
The full article is on the original publisher site. This page only shows the headline and a very short excerpt.
AI insight
AI-generatedIron Mountain, a REIT focused on data center leasing and information management, reported strong Q1 results and raised 2026 guidance, driven by data center demand. The commercial mechanism is demand_spike for data center capacity, benefiting Iron Mountain's leasing revenue and margins. Impact is company-specific but reflects broader data center growth trend.
Signals our AI researcher identified
Extracted by our AI model from this article and related public sources — not direct quotes from the publisher.
- Iron Mountain Q1 2023 revenue up 21.6% to $1.9B
- Net income rose to $149M from $16.2M YoY
- 2026 revenue guidance raised to $7.825B-$7.925B (~14% growth)
- Truist and JPMorgan raised price targets to $140 and $138
- Average analyst target $138, 8.5% upside from $127.19
Data center leasing contracts see 2-4% upside within 48h due to Iron Mountain's strong Q1 and raised guidance. Key risk: guidance and upgrades may already be priced in, limiting additional reflex.
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