Iron Mountain Global Inc (IRM)

​On January 13, Andy Power, CEO of Digital Realty, appeared on a CNBC Property Play interview to discuss the state of data center real estate.

In a report last week, the Atlantic Council noted that the rise of artificial intelligence (AI) and global demand for cloud computing is rapidly redrawing the geography of digital infrastructure.

Operator: Good morning, and welcome to the Iron Mountain First Quarter 2026 Earnings Conference Call. [Operator Instructions] Please note, this event is being recorded.

Baron Capital, an investment management company, released its Q4 2025 letter for its “Baron Real Estate Income Fund”. A copy of the letter can be downloaded here.

Operator: Good morning, and welcome to the Iron Mountain Incorporated Fourth Quarter 2025 Earnings Conference Call. All participants will be in listen-only mode.

On January 13, 2026, Barclays raised its price target for Iron Mountain Incorporated (NYSE:IRM) from $123 to $126, while reiterating an Overweight rating on the stock.

The surge in AI data center buildout continued in late January, with demand signals extending beyond Nvidia's flagship processors.

By the close of play on January 16, consensus sentiment was moderately bullish towards Iron Mountain Incorporated (NYSE:IRM).

The U.S. real estate market was already undergoing a normalization process in 2025, after exhibiting volatility during the prior two years.