IDT stock surged 17% this week following strong Q4 fiscal 2026 earnings results and an analyst price target raise. The company reported 7% year-over-year revenue growth to $339 million and 29% growth in net income, though it slightly missed adjusted earnings expectations. Analyst Mikhail Paramonov raised his price target from $75 to $85 per share, citing confidence in the company's double-digit gross profit growth guidance for fiscal 2027.

IDT Corporation reported fourth-quarter fiscal 2026 revenues of $339 million, up 7% year-over-year, with GAAP EPS increasing 29.9% to 87 cents. Full-year fiscal 2026 revenues grew 5.4% to $1.29 billion with net income up 13.8% to $86.6 million. The company's higher-margin segments (NRS, Fintech, and net2phone) drove growth, with adjusted EBITDA advancing 17% to $154.6 million. IDT projects fiscal 2027 adjusted EBITDA between $176-180 million, representing continued double-digit growth.

IDT Corporation announced it will present at the Midwest IDEAS Investor Conference in Chicago on August 26-27, 2026. CFO Marcelo Fischer and Bill Ulrey will discuss the company's operations, strategy, and financial results through Q3 fiscal 2026, with one-on-one investor meetings also scheduled.

IDT Corporation will present at the East Coast IDEAS Investor Conference on June 11, 2026, with CFO Marcelo Fischer and VP Bill Ulrey discussing the company's operations, strategy, and Q3 FY2026 financial results. The presentation will highlight record consolidated quarterly gross profit, increased operating income across NRS, Fintech, and net2phone segments, and raised FY2026 guidance.

BOSS Money, the international remittance service of IDT Corporation, announced record transfer volumes during Mother's Day 2026, with customers sending 49% more principal via 27% more remittances compared to the previous year across eight destination countries. The service, which operates primarily through mobile apps, continues to expand its reach with over 110,000 five-star reviews.

Delaware Supreme Court upheld a previous Court of Chancery decision dismissing all claims against IDT related to the 2017 Straight Path Communications sale to Verizon, finding no damages to shareholders.

IDT Corp is set to release quarterly earnings on September 29, 2025, with analysts expecting an EPS of $0.91. The company's stock has performed positively, with a 62.41% increase over the past 52 weeks.

NRSInsights, a provider of sales data and analytics, reported that January 2025 same-store sales increased 4.7% year-over-year, with robust dollar, unit, and transaction growth, despite record-breaking cold temperatures and historic snowfalls across the U.S.

IDT Corporation, a global provider of fintech and communications solutions, announced that its Chief Financial Officer, Marcelo Fischer, will participate in the 16th Annual Southwest IDEAS Investor Conference on November 20th. The presentation will be webcast and available on the company's investor relations website.

Discover why Zacks rates IDT Corporation as "Neutral", being the first on Wall Street to initiate coverage on the stock. Explore IDT's strong growth in high-margin segments and financial health amid market challenges.

Berkshire Hathaway, Eli Lilly, PepsiCo, Hovnanian and IDT are part of the Zacks top Analyst Blog.

Today's Research Daily features new research reports on 16 major stocks, including Berkshire Hathaway Inc. (BRK.B), Eli Lilly and Company (LLY) and PepsiCo, Inc. (PEP), as well as two micro-cap stocks Hovnanian Enterprises, Inc. (HOV) and IDT Corporation (IDT).