RBC Capital Keeps Their Buy Rating on Iron Mountain (IRM)

In a report released on May 14, Jonathan Atkin from RBC Capital maintained a Buy rating on Iron Mountain, with a price target of $147.00. The company’s shares closed yesterday at $127.75.

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Atkin covers the Real Estate sector, focusing on stocks such as SBA Communications, American Tower, and Digital Core REIT. According to TipRanks, Atkin has an average return of 9.9% and a 65.04% success rate on recommended stocks.

Iron Mountain has an analyst consensus of Strong Buy, with a price target consensus of $139.29, which is a 9.03% upside from current levels. In a report released on May 1, Barclays also maintained a Buy rating on the stock with a $127.00 price target.

Based on Iron Mountain’s latest earnings release for the quarter ending March 31, the company reported a quarterly revenue of $1.94 billion and a net profit of $143.67 million. In comparison, last year the company earned a revenue of $1.59 billion and had a net profit of $15.95 million

Based on the recent corporate insider activity of 81 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of IRM in relation to earlier this year. Most recently, in March 2026, Jennifer Allerton, a Director at IRM sold 7,000.00 shares for a total of $762,160.00.