Truist Financial Keeps Their Buy Rating on Iron Mountain (IRM)

In a report released today, Tobey Sommer from Truist Financial maintained a Buy rating on Iron Mountain, with a price target of $140.00.

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According to TipRanks, Sommer is a 4-star analyst with an average return of 4.1% and a 51.50% success rate. Sommer covers the Industrials sector, focusing on stocks such as Clean Harbors, Booz Allen, and Exponent.

Iron Mountain has an analyst consensus of Strong Buy, with a price target consensus of $140.50.

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.