icon
icon
icon
icon
$300 Off
$300 Off

News /

Newswires /

Iron Mountain Shares Surge 9.71% on Q1 Earnings Beat and Upgraded Guidance

AinvestSaturday, May 3, 2025 1:02 pm ET
1min read

Iron Mountain (IRM) shares surged 9.71% last week after strong Q1 earnings and upgraded guidance. Analysts predict a potential upside of 21.27% based on current price targets. The GF Value indicates a potential downside of 13.6% from the current trading price. IRM's average target price is $116.13, with projections ranging from $140.00 to $45.00. The company has an average brokerage recommendation of 2.2, reflecting an "Outperform" status.

Ask Aime: What drove Iron Mountain's stock up 9.71%?

Iron Mountain (IRM) shares experienced a significant 9.71% surge last week following the release of its strong Q1 earnings report and upgraded guidance. The company's earnings per share (EPS) of $1.17 beat the Zacks Consensus Estimate of $1.16, marking a 0.86% earnings surprise [1]. This quarterly performance represents a notable improvement from the same period last year, where the company reported EPS of $0.43.

Revenue for the quarter ended March 2025 stood at $1.59 billion, a 0.40% miss against the Zacks Consensus Estimate. While this was a slight miss, it is important to note that Iron Mountain has consistently topped revenue estimates over the last four quarters [1].

Analysts are optimistic about Iron Mountain's future prospects. The average one-year price target for the stock is $116.13, with projections ranging from a high of $140.00 to a low of $45.00, indicating a potential upside of 21.27% based on the current market price of $89.67 [3]. The company's average brokerage recommendation is 2.2, reflecting an "Outperform" status [3].

However, the GF Value indicates a potential downside of 13.6% from the current trading price, suggesting that investors should exercise caution [3]. This discrepancy highlights the importance of considering multiple valuation metrics when making investment decisions.

Iron Mountain's strong performance in Q1 is attributed to robust growth in its data center, digital, and asset lifecycle management segments. The company's CEO highlighted impressive double-digit year-over-year gains in these areas, with revenue projections for the year ranging between $6.74 billion and $6.89 billion [2].

The company's guidance for 2025 includes a revenue forecast of $6.74-$6.89 billion, representing an 11% growth, and an adjusted EBITDA projection of $2.505 billion to $2.555 billion, indicating a 13% increase [3]. These projections underscore Iron Mountain's commitment to growth and its strategic positioning in the digital infrastructure market.

In conclusion, Iron Mountain's Q1 earnings report and upgraded guidance have driven a significant stock surge, with analysts predicting a potential upside of 21.27%. While there is a potential downside indicated by the GF Value, the company's strong performance and growth prospects make it an attractive investment for those seeking exposure to the growing digital economy.

References:
[1] https://sg.finance.yahoo.com/news/iron-mountain-irm-tops-q1-115505937.html
[2] https://finimize.com/content/iron-mountain-sees-strong-demand-as-ai-drives-digital-expansion
[3] https://www.gurufocus.com/news/2819286/iron-mountain-irm-boosts-2025-financial-outlook

Iron Mountain Shares Surge 9.71% on Q1 Earnings Beat and Upgraded Guidance

View Source

Comments

Add a public comment...
Post
User avatar and name identifying the post author
me_like_stonk
05/03
OMG!the block option data in IRM stock saved me much money!
0
Reply
User avatar and name identifying the post author
chupak1
05/03
@me_like_stonk How long you been holding IRM? What's your plan with it now?
0
Reply
Disclaimer: The news articles available on this platform are generated in whole or in part by artificial intelligence and may not have been reviewed or fact checked by human editors. While we make reasonable efforts to ensure the quality and accuracy of the content, we make no representations or warranties, express or implied, as to the truthfulness, reliability, completeness, or timeliness of any information provided. It is your sole responsibility to independently verify any facts, statements, or claims prior to acting upon them. Ainvest Fintech Inc expressly disclaims all liability for any loss, damage, or harm arising from the use of or reliance on AI-generated content, including but not limited to direct, indirect, incidental, or consequential damages.
You Can Understand News Better with AI.
Whats the News impact on stock market?
Its impact is
fork
logo
AInvest
Aime Coplilot
Invest Smarter With AI Power.
Open App