Why These 15 Data Center Stocks Are Plunging In 2025

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13. Iron Mountain Inc (NYSE:IRM)

Number of Hedge Fund Holders In Q4 2024: 40

Iron Mountain Inc (NYSE:IRM) is a digital storage company and has data centers.

The stock is down significantly so far in 2025 due to an earnings miss, combined with guidance that missed investor expectations. Iron Mountain’s Q4 2024 earnings slightly missed analyst expectations.

The company posted revenue of $1.58 billion (below the forecast of $1.6 billion) and earnings per share of $0.50 (versus the expected $0.51). Investors were disappointed by this miss.

Iron Mountain’s relatively conservative guidance for 2025 projected revenue growth of 8% to 11% and adjusted EBITDA growth of 11% to 13%. The stock also had a high valuation, so investors expected something more.

The consensus price target of $127.67 implies 47.29% upside.

IRM stock is down 17.59% year-to-date.

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