Why Is IDT CORP B (IDT) Stock Up Today?

IDT stock is up 8.83% at $75.70 in a sharply positive session driven by strong Q4 2026 results and updated FY 2027 guidance. The company reported non-GAAP EPS of $0.94, which missed estimates by $0.04, but revenue of $339 million exceeded expectations by $20 million. The company also raised its adjusted EBITDA guidance for FY 2027 to $176 million to $180 million from $154.6 million in FY 2026. The stock opened with a 4.9% gap up and reached a session high of $76.31 before settling near $75.70.

What Happened

IDT released its Q4 2026 earnings report, showing a 7.1% year-over-year revenue increase and a 22% rise in adjusted EBITDA. The company also highlighted a shift in its business mix, with high-margin segments now contributing over half of EBITDA despite making up only one-third of revenue. These results were accompanied by a record fourth-quarter performance, including a 18% increase in gross profit and a 52% jump in income from operations. The updated FY 2027 guidance signaled stronger-than-expected financial momentum, which contributed to the stock's strong intraday performance.

What The Data Shows

The stock opened at $72.95, up from a prior close of $69.56, and traded as high as $76.31 during the session. Volume so far has been 0.1 million shares, which is 0.3 times the 3-month daily average. The stock has a market cap of $1.7 billion, a P/E ratio of 21.3, and a beta of 0.62. Over the last 8 sessions, the stock fell -2.8% from $69.60 to $67.62 before today's sharp reversal. Recent insider transactions include three sales totaling $787,000 in the last 90 days, with the most recent filing on July 21. The stock has printed four fresh 52-week highs on September 29.

What To Watch

IDT has no upcoming earnings date to note, but coverage breadth remains an important factor. With 10 stories from five sources in the last 36 hours, continued investor attention is likely. Analysts and traders may watch for further commentary on the company's high-margin business segments and how the stock reacts to its elevated price level.