Robinhood shares gain on Q2 beat, as user and crypto growth accelerate
IDT Corp stock has reached an all-time high, hitting a price of 69.77 USD. According to InvestingPro data, the company maintains a "GREAT" financial health score of 3.4 out of 5, with analysts setting a price target of $85.60. This milestone marks a significant achievement for the telecommunications and technology company, reflecting a robust performance over the past year. Notably, IDT Corp has experienced a remarkable 1-year change, with its stock price increasing by 94.83%. InvestingPro analysis indicates the stock is currently fairly valued, with two key ProTips highlighting its strong financial position: the company holds more cash than debt and maintains liquid assets exceeding short-term obligations. (12 more ProTips available with InvestingPro). This surge underscores the company’s strong market position and investor confidence. The stock’s impressive rise can be attributed to various factors, including strategic business initiatives and favorable market conditions, which have contributed to its sustained growth trajectory. The company demonstrates solid profitability with a gross margin of 35.46% and an impressive return on equity of 38%.
In other recent news, IDT Corporation reported strong financial performance for Q2 2025, with significant increases in income, adjusted EBITDA, and EPS. The company’s income from operations increased by 133% year-over-year, and EPS surged by 290%, reflecting robust profitability. The gross profit margin reached a record high of 37.1%, and digital remittance transactions grew by 40% year-over-year. IDT’s cash and equivalents also increased to $224 million from $171 million. The company is actively exploring mergers and acquisitions opportunities, particularly within digital channels. Analyst discussions during the earnings call focused on the integration of food delivery platforms and the growth of BossMoney’s digital channel. Additionally, IDT’s management emphasized their disciplined approach to cost management and customer acquisition.
This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.