IDT Corp’s shares reached a 52-week high of $69.22 on Tuesday, driven by stronger-than-expected quarterly earnings and revenue for the fiscal third quarter ended June 30, 2026.
The company reported adjusted earnings per share of $0.94, exceeding the $0.92 forecast by 2.17%, while revenue totaled $315.7 million, surpassing the $303 million estimate by 4.19%. Over the past year, IDT’s stock has appreciated 10.19%, with a 35% return over the last six months and a 34% year-to-date gain.
IDT Telecom, Inc. secured an amended revolving credit facility with TD Bank, N.A., increasing the available amount to $50 million. The facility, now maturing on July 15, 2029, includes National Retail Solutions, Inc., IDT Payment Services, Inc., and IDT Payment Services of New York, LLC as additional corporate guarantors. Existing guarantors IDT Corporation and Net2Phone, Inc. remain unchanged.
InvestingPro rated IDT’s financial health as "great," noting the stock appeared undervalued at current levels. The company’s performance follows historical examples cited by InvestingPro’s ProPicks AI, including Siemens Energy’s 231.5% gain and Sandisk’s 189% return.
