IDT Corporation (IDT) Targets $1.3B Revenue by 2028, Backed by Fintech and Cloud Expansion

We recently compiled a list of the 12 Best Stocks to Own for Grandchildren. IDT Corporation is one of them.

IDT Corporation (NYSE:IDT), a global provider of fintech and communications solutions, operates through key segments including National Retail Solutions (NRS), BOSS Money, and net2phone. The company continues to focus on expanding these platforms to drive steady growth in payments, cloud communications, and digital services.

In September 2025, IDT announced a quarterly cash dividend of $0.06 per share, payable on October 10, reflecting its commitment to returning value to shareholders and reinforcing confidence in its financial stability. The firm is also set to release its Q4 and full-year 2025 results on September 29, followed by a conference call to discuss strategic initiatives and operational performance.

Recent data from the NRS segment show a 3.5% year-over-year increase in same-store sales for June 2025, signaling continued traction in the retail and fintech space despite a slight slowdown from prior months. This performance highlights the effectiveness of IDT’s integrated solutions and its adaptability to evolving consumer trends.

IDT Corporation (IDT) Targets $1.3B Revenue by 2028, Backed by Fintech and Cloud Expansion

Looking ahead, IDT Corporation (NYSE:IDT) anticipates reaching $1.3 billion in revenue and $104.9 million in earnings by 2028, driven by disciplined capital management and growth in core business segments. These developments position the business as a resilient player with potential long-term value for investors seeking stable, generational investment opportunities.

While we acknowledge the risk and potential of IDT as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and doing so within a shorter time frame. If you are looking for an AI stock that is more promising than IDT and that has 10,000% upside potential, check out our report about this cheapest AI stock.

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