Iron Mountain stock holds above USD 112 as Q2 2026 growth and fresh analyst targets set the tone

Published on 09/16/2026 at 17:06 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Iron Mountain stock closed at USD 112.04 on September 15, 2026 on the NYSE, sitting 16.9 percent below its 52-week high after strong Q2 2026 growth. The company reported 18.5 percent revenue expansion to USD 2.0 billion and raised full-year guidance, while several analysts lifted their price targets in recent days.

Flatlay mit Aktienzertifikat ISIN US46284V1017, NYSE-Karte, USB-Stick und Archivbox — Iron Mountain Aktie US46284V1017 als Flatlay mit Aktienzertifikat NYSE-Karte Schloss und Archivutensilien, Illustration mit AI erstellt.

Iron Mountain stock (ISIN US46284V1017) closed at USD 112.04 on the NYSE on September 15, 2026, leaving the shares 16.9 percent below their 52-week high of USD 134.68 reached on June 24, 2026 and signaling a pause after strong year-to-date gains.

Q2 2026 figures and guidance underpin the share price

Operationally, the Boston-based records and data management specialist delivered solid numbers in its latest quarter, which continues to shape the investment case as of September 16, 2026. According to Barchart on September 16, 2026, Iron Mountain reported revenue of USD 2.0 billion in the second quarter of 2026, an increase of 18.5 percent compared with the prior-year quarter.

In the same Q2 2026 report, adjusted funds from operations (AFFO) per share came in at USD 1.44, topping Wall Street forecasts and confirming that the earnings engine is keeping pace with the accelerated top-line growth, as highlighted by Barchart.

For the full year 2026, Iron Mountain now expects earnings per share in a range of USD 5.87 to USD 5.93 and revenue in a corridor between USD 7.94 billion and USD 8.01 billion, implying mid-teens percent growth versus the prior year at the midpoints, according to the guidance figures cited by Barchart.

Analyst targets rise while the stock lags its highs

Alongside the fundamental momentum, recent analyst actions are an important catalyst for Iron Mountain stock. As reported by Ad-hoc-news on September 14, 2026, Barclays raised its price target for Iron Mountain to USD 144 from USD 143 while maintaining an Overweight rating.

The same September 14, 2026 overview from Ad-hoc-news noted that Truist lifted its target to USD 155 from USD 140, while Wells Fargo increased its target to USD 140 from USD 135, underscoring a broadly constructive view on the shares among covering banks.

Across those updates, the consensus target compiled in the same report stood at USD 137.83, compared with a latest quote of USD 112.80 for September 14, 2026, leaving a gap of USD 25.03 between the consensus target and the share price, according to Ad-hoc-news.

Dividend and performance context for investors

Income remains a central attraction. Iron Mountain declared a cash dividend of USD 0.864 per share with an ex-dividend date of September 15, 2026, as noted by Yahoo Finance, meaning shareholders of record as of that date are set to receive the payout in early October 2026.

From a performance standpoint, Iron Mountain shares have advanced 12.2 percent over the past 52 weeks, slightly trailing the Dow Jones Industrial Average’s 13.5 percent gain over the same period, according to comparisons presented by Barchart, even though the stock has stayed above its 200-day moving average since February 2026.

Iron Mountain stock price and key metrics

On the market side, Iron Mountain stock closed at USD 112.04 on the NYSE on September 15, 2026, following a prior close around USD 111.20 and recording a daily gain of approximately 0.76 percent at that session’s end, based on the price history reported by Yahoo Finance.