IDT Corp Dossier - Source-backed chat

IDT Corp

IDTNYSE

SectorCommunication Services

IndustryTelecom Services

Beta (adjusted)0.75

Intrinsic Value $56.58median of 6 methods · middle span $38-$89based on filings through 31 Jan 2026

Market Price $79.98Price as of 1 Oct 2026

OvervaluedIntrinsic value is 29% below the market price

−50% · IV below pricenear fair value ±15%IV above price · +50%

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Market Cap $2B

Enterprise Value $1.8B

Shares Outstanding 25M diluted

Moat Rating Wide

Next Earnings Date15 Oct 2026

Last ex-dividend9 Jun 2026

All prices and values are periodic snapshots, not live quotes. Source dates are shown for reference.

Thesis

Street consensus, scenarios, merits, risks, and invalidation triggers

AI-assisted

Thesis Summary

IDT Corporation is successfully transitioning from a legacy, low-margin international telecom provider into a high-margin fintech and cloud communications powerhouse. This transformation is driven by three high-growth segments: National Retail Solutions (NRS), BOSS Money (Fintech), and net2phone. These growth segments now generate 55% of consolidated Adjusted EBITDA despite accounting for only about one-third of total revenue, demonstrating significant operating leverage. Backed by a debt-free balance sheet with over $250 million in net cash, IDT is well-positioned to fund organic expansion, execute strategic M&A (such as the recent acquisition of OnCore Digital), and consistently return capital to shareholders through dividends and active share buybacks.

This section is the 12-month view: analyst targets and the probability-weighted scenarios built from them. The intrinsic value at the top of this page answers a different question: what the business is worth today.

Street view · analyst 12-month targets1 analysts · as of 18 Aug 2026

Low · most bearish analyst$75.00

Mean target$75.00

High · most bullish analyst$75.00

Our research · scenarios, merits, risks, and invalidation triggersResearch as of 18 Sep 2026

Scenarios · 12-month scenario targetsAnchored at research date

Bear CaseDownside scenario

$75.00

Competitive pressures in the POS market accelerate terminal churn for NRS, while a rapid decline in legacy international calling minutes outpaces the growth of the fintech and cloud segments. Increased customer acquisition costs compress margins in net2phone, and regulatory changes or tax shifts impact cross-border remittance volumes for BOSS Money.

Base CaseCentral scenario

$75.00

Matches the consensus mean

IDT continues its steady segment rotation, with NRS, Fintech, and net2phone growing at double-digit rates and expanding their EBITDA contribution. Traditional Communications experiences a slow, manageable decline. The company achieves its raised FY 2026 Adjusted EBITDA guidance of $150 million to $152 million. Capital allocation remains disciplined, focusing on high-return growth initiatives and opportunistic share buybacks.

Bull CaseUpside scenario

$75.00

NRS and BOSS Money expand faster than anticipated, capturing significant market share in underserved independent retail and remittance markets. Operating margins expand rapidly as high-margin recurring SaaS fees and merchant services scale, driving consolidated Adjusted EBITDA well above guidance. The legacy Traditional Communications segment continues to generate stable cash flows with minimal capital requirements, funding aggressive share repurchases and dividend hikes.

Scenarios are anchored to street consensus at the research date, with our probabilities and rationale.

Key Investment Merits

Strong segment rotation with high-margin growth businesses (NRS, Fintech, net2phone) now contributing 55% of consolidated Adjusted EBITDA.
Robust balance sheet with zero debt and over $250 million in cash and cash equivalents, providing exceptional financial flexibility.
Consistent capital returns through a growing dividend (recently raised by 17% to $0.28 annualized) and active share buybacks.
Strategic M&A integration, such as the acquisition of OnCore Digital, to enhance NRS's screen network and ad-tech monetization capabilities.

Key Investment Risks

Accelerated decline in the legacy Traditional Communications segment, which still represents the majority of total revenue.
Intensifying competition in the independent retail POS and merchant services market, potentially impacting NRS's growth and terminal retention.
Macroeconomic and regulatory risks affecting international money transfers and remittance corridors for BOSS Money.

Thesis Invalidation Triggers

Consolidated Adjusted EBITDA falling below the guided $150 million floor for FY 2026.
Significant cash burn or capital destruction from unprofitable M&A transactions.

All scenarios are estimates and subject to change. Past performance is not indicative of future results.

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Explore this dossier

ValuationIntrinsic value, the six-method breakdown, peer medians, and your assumptions sandbox.Financial SnapshotRevenue, profitability, returns, balance sheet, dividends, and the filing-level detail.Qualitative AnalysisBusiness overview, strategic initiatives, and mergers, acquisitions & partnerships.Outlook & Key DatesForward estimates, reporting calendar, and the monitoring framework.