IDT stock fell 1.25 percent on October 2 after results

Published on 10/04/2026 at 17:54 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

IDT stock enters October after fiscal 2026 revenue reached USD 1,298.0 million, up 5 percent, and adjusted EBITDA rose 17 percent to USD 154.6 million. A USD 0.07 dividend is due October 14.

IDT, US4489475073, Illustration mit AI erstellt.

IDT Corporation stock (ISIN US4489475073) was last at USD 78.98 on the NYSE on October 2, 2026 at 4:00 p.m. ET, down 1.25 percent from USD 79.98. The main catalyst was record fiscal 2026 performance reported by IDT Corporation on September 28, 2026, covering the year ended July 31, 2026.

Revenue and profit accelerate

IDT reported fiscal 2026 revenue of USD 1,298.0 million, an increase of 5 percent from fiscal 2025. Income from operations rose 21 percent to USD 121.2 million, while net income attributable to IDT increased 14 percent to USD 86.6 million, according to IDT Corporation.

The fourth quarter supplied the sharper operating signal. Revenue increased 7 percent to USD 339.0 million, income from operations rose 52 percent to USD 33.2 million, and adjusted EBITDA climbed 22 percent to USD 41.2 million in the three months ended July 31, 2026.

Growth was concentrated in IDT's higher-margin businesses. National Retail Solutions revenue rose 24 percent to USD 159.4 million for fiscal 2026, while fintech revenue increased 14 percent to USD 176.0 million and net2phone subscription revenue grew 11 percent to USD 94.9 million, per IDT Corporation.

Guidance raises the bar

For fiscal 2027, IDT expects consolidated gross profit of USD 545 million to USD 555 million and adjusted EBITDA of USD 176 million to USD 180 million. Against fiscal 2026 adjusted EBITDA of USD 154.6 million, the midpoint implies growth of 10.9 percent.

The guidance also highlights the company's operating mix. IDT said net2phone is on track to surpass USD 100 million in annual recurring revenue during the current quarter, while the company finished fiscal 2026 with no outstanding debt and USD 359.3 million in cash, cash equivalents and restricted cash.

Cash generation is a counterpoint to the profit gains. Fiscal 2026 net cash provided by operating activities fell to USD 91.1 million from USD 127.1 million in fiscal 2025, with IDT attributing the decline to working-capital movements tied to settlement assets and customer funds.

Targets and dividend set checkpoints

Fintel reported on October 2, 2026, that the average one-year analyst price target increased 13.33 percent from USD 76.50 on September 11, 2026, to USD 86.70. Its latest target range was USD 85.85 to USD 89.25, putting the average target 9.78 percent above the USD 78.98 reference price.

The board declared a quarterly cash dividend of USD 0.07 per share on September 22, 2026, payable October 14, 2026, to holders of record on October 5, 2026, according to the SEC filing. The payment date gives shareholders a near-term corporate checkpoint alongside the fiscal 2027 targets.

Stock stays near its yearly high

IDT's market capitalization was USD 2.0 billion on October 2, 2026, while the 52-week range was USD 45.72 to USD 81.79. The USD 78.98 price therefore stood 3.44 percent below the 52-week high, keeping the market valuation close to its yearly peak despite the session decline.