Iron Mountain

Iron Mountain reported fiscal Q1 2026 revenue of $1.94 billion, up 21.6% year‑over‑year, and GAAP EPS of $0.48. Data center revenue rose 47% to $255 million, driven by higher leasing, pricing and power ramping. The company leased 22 megawatts in Q1 and another 10 megawatts in April, and management expects to exceed its >100 megawatt guidance; Truist raised the price target to $140 and maintained a Buy rating. » Altro su finance.yahoo.com

Iron Mountain reported record results for Q1 2026 with revenue of $1.94 billion and adjusted earnings per share of $0.60, both well above analysts' expectations. All key metrics grew 22% year over year; organic revenue growth was 17%. Strong gains came particularly from the data center segment (+47%) and lifecycle management (+70%), so higher-growth businesses now account for 33% of total revenue. The company raised its full-year guidance for revenue, adjusted EBITDA and AFFO and plans substantial capacity expansions in the data center business. » Altro su de.investing.com

Iron Mountain's stock climbed to a 52-week high and is currently trading around $122.48, with a one-year return of 32% and a YTD gain of 39%. Drivers include revenue growth of 12% (Q4/2025: +17% to $1.84 billion) and EPS of $0.61, which exceeded expectations. Analysts raised price targets and reaffirmed buy ratings, while InvestingPro classifies the stock as overvalued. The company is expanding digital services and data-center leasing and issued a strong outlook for 2026. » Altro su de.investing.com