For the third quarter of 2026, analysts expect Iron Mountain to report consensus revenue of $1.98 billion and an EPS of $1.35, while shares currently trade near $112.86 against an average price target of $143.70.
Investors are primarily focused on the continued expansion of the Global Data Center segment and the company’s progress with its "Project Matterhorn" growth strategy.
Performance is expected to be bolstered by steady recurring revenues from core storage services, which are projected to reach $1.15 billion. However, analysts are also monitoring the impact of higher interest expenses and foreign currency fluctuations on the bottom line.