Stifel Reiterate on Iron Mountain (IRM) after CFO meeting: business should fire on all cylinders in 2026

Stifel analyst Shlomo Rosenbaum reiterated a Buy rating and $140.00 price target on Iron Mountain (NYSE: IRM)

The analyst commented, "We recently hosted a meeting with Barry Hytinen, CFO of IRM. While there were several takeaways, our key takeaways are 1) data center leasing is becoming more constructive - this has been one of the key weights on the stock over the last year and it is turning up, and 2) ALM business is doing well from a volume perspective, and the memory prices have been increasing nicely over the last several months, which should be a tailwind for the business. In general, we think 2026 will be a good year for IRM since we think all three legs of the business will be contributing after several years of choppiness between the ALM component pricing and then the data center leasing drought - the business should be "firing on all cylinders" in 2026, which should drive the stock price up, in our view."

For an analyst ratings summary and ratings history on Iron Mountain click here. For more ratings news on Iron Mountain click here.

Shares of Iron Mountain closed at $105.98 yesterday.

You May Also Be Interested In

• Stripe, Advent In Talks To Buy Paypal - WSJ
• Cantor Fitzgerald Reiterates Overweight Rating on Merlin Labs (MRLN)
• Intuitive Machines Inc. (LUNR) PT Lowered to $32 at Cantor Fitzgerald, Reaffirms Overweight Rating