IRM Stock Analysis — Iron Mountain
Sector: Data Infrastructure
AI Verdict
You’re paying up for a massive earnings rebound that’s plausible given Iron Mountain’s contract moat, but any stumble in digital execution could trigger a sharp rerating from today’s lofty multiple.
Competitive Moat
Iron Mountain operates a global network of secure physical storage facilities and digital data centers, serving highly regulated industries like healthcare and finance. Its defensibility comes from long-term contracts, high switching costs, and regulatory requirements for secure archiving, making it hard for customers to leave.
Summary
A 155.8% forward EPS growth forecast is drawing attention to Iron Mountain’s digital transition and data center expansion.
Where It Stands
Shares are up 24.21% over the past year with an RSI of 30.2 signaling oversold territory, while the stock trades at 52.3x forward earnings—more than double the 20x–25x sector median for infrastructure and REIT peers.
Key Metrics
- RSI: 30.2 — Near Oversold
- Trailing P/E: 133.8x
- Forward P/E: 52.3x
- PEG Ratio: 0.86
- Earnings Growth: +1.6%
- Revenue Growth: +0.2%
- Market Cap: $36.1B
- Dividend Yield: 0.03%
- 1-Year Return: 24.21%
- 52-Week High: $134.68
- 52-Week Low: $77.77
Analyst Consensus
14 Buy · 1 Hold · 1 Sell (16 analysts)
Bull Case
With analysts expecting 155.8% EPS growth next year, the 52.3x forward P/E is cheap for the explosive earnings rebound if the digital business keeps scaling.
Bear Case
If the 52.3x forward P/E compresses to a sector-like 25x, the stock would lose over 50% even before considering downside from the oversold RSI of 30.2.
Catalyst to Watch
Watch for quarterly earnings that confirm digital services and data center margins are ramping fast enough to justify the triple-digit P/E.