Why IDT Stock Was a Massive Winner This Week

IDT (IDT) jumped 17% this week after fiscal Q4 2026 results and an analyst price target raise, a sharp reaction to a print that was strong on the headline numbers but slightly shy on one key metric.

The company posted revenue of $339 million, up 7% year over year, while net income grew 29%. The one blemish: IDT slightly missed adjusted earnings expectations. The market looked past that miss, which suggests investors weighted the net income growth and forward guidance more heavily than the adjusted earnings shortfall. That is interpretation, not reported fact.

The second catalyst came from analyst Mikhail Paramonov, who lifted his price target on IDT from $75 to $85 per share, a $10 increase. Paramonov cited confidence in the company's guidance for double-digit gross profit growth in fiscal 2027. That guidance gives the upgrade a concrete forward-looking basis rather than resting on a single quarter's results.

The pairing of an earnings beat on revenue and net income with a higher price target explains the move's size. A 17% weekly gain on a slight adjusted earnings miss shows how much weight buyers placed on the fiscal 2027 outlook.