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Iron Mountain (IRM) Stock Analysis

Real Estate Updated August 17, 2026
$129.89
52W $77.77 – $134.68
60/100
$38.51B
92.5
1.22
AI Committee Verdict
Buy
60/100
Conviction: Contested · 67% agreement · 6 analysts
+0.6%
-11.6%
0.05:1
Contested
Buy rating, but near-term risk/reward is unfavorable
The long-term recommendation is based on the composite investment score. The near-term risk/reward is based on nearby support and resistance levels. These can differ when a strong company trades close to resistance with support further below.

Is IRM Bullish or Bearish?

Bullish. Innellis AI committee rates Iron Mountain Incorporated (IRM) Buy with a composite score of 60/100 , based on 6 analysts with 67% agreement. Last updated August 17, 2026.

What Would Change This View

Upgrade to Strong Buy
Requires a committee score of 75.0 — +15.27 from today. Applies on the first day at or above the line; upgrades are never dampened.
Downgrade to Watch
Requires the score to fall below 55.0 — -4.73 from today. The band boundary is 60.0, but a one-step downgrade must clear a further margin first. A score oscillating around the line should not change the rating every night.

Executive Summary

The committee is genuinely divided. Macro Analyst sees a compelling case — vix regime is low -- calm backdrop supports risk-taking. Risk Analyst remains cautious — high leverage (debt-to-equity 56.38) amplifies downside in a stress scenario. This disagreement is itself the signal — the setup is not clean in either direction.

Bull & Bear Case

Bull Case
  • ROE of 85.2% shows genuine earnings power backing the valuation — Value
  • Dividend yield of 2.7% pays you to wait — Value
  • EPS growing 924.3% YoY — Growth
  • 4 consecutive earnings beats -- consistent execution — Growth
  • Price structure making higher highs and higher lows — Technical
  • MACD histogram positive -- bullish momentum — Technical
Bear Case
  • P/E of 89.6 is expensive by classic value standards — Value
  • Price-to-book of 96.5x prices in significant intangible value — Value
  • Debt-to-equity of 56.38 adds balance-sheet risk to the value case — Value
  • Price structure (LH_LL) contradicts the uptrend -- mixed signals — Technical
  • Price trading above the upper Bollinger Band -- stretched — Technical
  • High leverage (debt-to-equity 56.38) amplifies downside in a stress scenario — Risk
Both cases are generated from quantitative data signals, not qualitative or forward-looking judgement. They summarise what the numbers say today.
Price History (6M)

AI Investment Committee

Committee Consensus As of August 17, 2026
Overall Committee Score
60/100
Agreement
67%
Analysts
6
Conviction
Contested
Sector Rank
Top 24%
of 78 Real Estate peers
Value Analyst bearish
40 / 100 · High confidence
Multiples don't clear a genuine value bar here, or cheapness looks justified by weak fundamentals
+ ROE of 85.2% shows genuine earnings power backing the valuation
− P/E of 89.6 is expensive by classic value standards
Growth Analyst bullish
77 / 100 · High confidence
Strong, accelerating growth with consistent execution
+ EPS growing 924.3% YoY
Technical Analyst bullish
63 / 100 · High confidence
Price action is constructive -- trend and momentum agree
+ Price structure making higher highs and higher lows
− Price structure (LH_LL) contradicts the uptrend -- mixed signals
Risk Analyst bearish
32 / 100 · Moderate confidence
Elevated risk from leverage, volatility, event exposure, or portfolio concentration -- size accordingly
− High leverage (debt-to-equity 56.38) amplifies downside in a stress scenario
Macro Analyst bullish
80 / 100 · Low confidence
Macro backdrop is supportive of risk assets generally, and this name's beta works in its favor
+ VIX regime is low -- calm backdrop supports risk-taking
News Analyst bullish
66 / 100 · Low confidence
News flow and recent filings/analyst actions are net positive
+ News sentiment is positive (+0.27 across 23 articles, 14d)
Portfolio Manager neutral
45 / 100 · High confidence
Portfolio-level factors are mixed -- worth a deliberate sizing decision, not a default-size position
+ Portfolio position concentration is currently healthy
− Sector concentration is already high (HHI 2963.04)
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Investment Thesis Evolution

Committee score moved marginally from 59.7 to 59.7.

Analyst-level changes:
  • News Analyst: +1 bullish signal(s).
  • Portfolio Manager: +1 bearish signal(s).

Comparing 2026-08-16 to 2026-08-17 (1 day apart).

Technical Analysis

RSI (14)
68.0
Neutral
MACD Histogram
0.471
Bullish Momentum
Trend Direction
Uptrend
Weekly: Uptrend
Market Structure
Lh Ll
Support
$114.37
Resistance
$130.22
Bollinger %B
1.00
Above Upper Band
Price vs Moving Averages
EMA 9
$125.08 Above
EMA 21
$124.42 Above
EMA 50
$123.74 Above
EMA 200
$113.31 Above

Fundamental Analysis

Valuation
67
Growth
70
Profitability
30
Financial Health
50
Cash Flow
15
Valuation
P/E Ratio 92.5×
P/B Ratio -30.09×
PEG Ratio 0.10
Dividend Yield 2.61%
52W High $134.68
52W Low $77.77
Quality & Growth
ROE -1473.9%
ROA 68.5%
Gross Margin 5421.0%
Operating Margin 1875.6%
Revenue Growth YoY
Debt / Equity -15.31
AI Fundamental Assessment
P/E ratio of 92.4 (rich relative to a 15-40x range); Price-to-book of -30.1x; PEG ratio of 0.1 (under 1.0 suggests growth is undervalued relative to price); Return on equity of -14.7%; Return on assets of 0.7%; Net margin of 5.5%; Gross margin of 54.2%; Current ratio of 0.73 (tight short-term liquidity); Debt-to-equity of -15.31; Free cash flow per share is negative (-1.62); Most recent quarter beat estimates by 6.4%; 4 consecutive earnings beats; EPS growth roughly steady (-1.6% -> +0.0% QoQ); Average YoY EPS growth of 25.0%; Analyst estimates falling over recent quarters
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📈 Rating History 💰 Earnings 📰 Recent Events 🔄 What Changed 📖 Thesis Evolution 🔍 Similar Stocks
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