Iron Mountain Inc

IRM is in a Stage 4 distribution breakdown confirmed by an active Support Failure. Price is extended below declining EMAs and broken horizontal support, signaling further structural repair lower. Short-term conditions favor execution now despite extreme oversold readings. Any reclaim and acceptance above the broken support zone would invalidate the current bearish stance.

• ↑Q2 2026 revenue $2.03B, +19% YoY, data centers +39%, ALM +88%.
• ↑Raised 2026 revenue guidance to $7.94–$8.01B (+16% at midpoint).
• ↓Negative earnings yield and weak book-to-price ratio raise valuation risks.