GLW Stock Chart & Stats
$2570.00
-$204.00(-7.38%)
At close: 4:00 PM EDT
$2570.00
-$204.00(-7.38%)
Day’s Range― - ―
52-Week Range$1,304.00 - $4,720.00
Previous CloseN/A
Volume411.00
Average Volume (3M)1.64K
Market Cap
$2.26T
Enterprise Value$230.94K
Total Cash (Recent Filing)$2.50B
Total Debt (Recent Filing)$9.38B
Price to Earnings (P/E)69.8
Beta0.47
Next Earnings
Nov 03, 2026EPS Estimate
14.84Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)2.21
Shares Outstanding861,388,300
10 Day Avg. Volume3,291
30 Day Avg. Volume1,639
Financial Highlights & Ratios
PEG Ratio0.22
Price to Book (P/B)6.38
Price to Sales (P/S)4.82
P/FCF Ratio53.29
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price Target
$3,220.31Price Target Upside25.30% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering10
EPS Forecast (FY)55.57
Revenue Forecast (FY)$325.65B
Bulls Say, Bears Say
Bulls Say
Optical Communications Growth And ProfitabilityStrong growth and record profitability in Optical Communications indicate durable exposure to fiber networks, data centers, and AI infrastructure. The combination of expanding revenue and segment earnings supports reinvestment, scale advantages, and a stronger long-term earnings base.
Margin Expansion And Cash GenerationImproving margins alongside substantial free cash flow demonstrates better operating efficiency and stronger internal funding capacity. This gives Corning flexibility to invest in growth, support shareholder returns, and sustain profitability through normal fluctuations in demand.
Long-term Customer PartnershipsLarge, multiyear customer agreements can improve demand visibility and help support capacity expansion in strategic growth areas. These relationships also reinforce Corning’s role in customers’ product and infrastructure plans, strengthening the potential durability of future revenue.
Bears Say
Cyclical And Volatile ProfitabilityThe historical swings in revenue and profitability show that Corning remains sensitive to end-market cycles and utilization levels. Even with the current rebound, uneven earnings power can make sustained margins harder to maintain and may reduce financial flexibility during weaker demand periods.
Meaningful Leverage RemainsAlthough leverage is improving, the remaining debt burden can constrain capital allocation if operating conditions weaken. Interest and repayment obligations may compete with investment or shareholder returns, while cyclical profitability increases the importance of preserving balance-sheet flexibility.
Capital Intensity And Adoption Timing RiskThe growth strategy requires significant upfront investment before related revenue and cash flow are fully realized. If photonics adoption or customer deployments take longer than expected, capital efficiency could weaken and the company may carry elevated spending without a matching near-term return.
Corning News
GLW FAQ
What was Corning’s price range in the past 12 months?
Corning lowest stock price was $1304.00 and its highest was $4720.00 in the past 12 months.
What is Corning’s market cap?
Corning’s market cap is $2.26T.
When is Corning’s upcoming earnings report date?
Corning’s upcoming earnings report date is Nov 03, 2026 which is in 55 days.
How were Corning’s earnings last quarter?
Corning released its earnings results on Jul 28, 2026. The company reported $13.241 earnings per share for the quarter, beating the consensus estimate of $12.817 by $0.424.
Is Corning overvalued?
According to Wall Street analysts Corning’s price is currently Undervalued.
Does Corning pay dividends?
Corning does not currently pay dividends.
What is Corning’s EPS estimate?
Corning’s EPS estimate is 14.84.
How many shares outstanding does Corning have?
Corning has 861,388,300 shares outstanding.
What happened to Corning’s price movement after its last earnings report?
Corning reported an EPS of $13.241 in its last earnings report, beating expectations of $12.817. Following the earnings report the stock price went down -12.571%.
Which hedge fund is a major shareholder of Corning?
Currently, no hedge funds are holding shares in MX:GLW
What is the TipRanks Smart Score and how is it calculated?
Smart Score combines eight research factors - such as analyst recommendations, hedge fund trends, and technical indicators - to measure a stock’s outlook. These signals are unified into a single score that reflects bullish or bearish momentum. See detailed methodology
Corning Stock Smart Score
Neutral
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10
Analyst Consensus
Moderate Buy
Average Price Target:
$3,220.31 (25.30% Upside)
$3,220.31 (25.30% Upside)
Blogger Sentiment
Neutral
MX:GLW Sentiment 57%
Sector Average 60%
Sector Average 60%
Insider Transactions
Sold Shares
Worth $375.7M over
the Last 3 Months
the Last 3 Months
News Sentiment
Very Bullish
Bullish news 82%
Bearish news 18%
Bearish news 18%
Technicals
SMA
Positive
20 days / 200 days
Momentum
123.24%
12-Months-Change
Fundamentals
Return on Equity
0.73%
Trailing 12-Months
Asset Growth
14.65%
Trailing 12-Months
Learn more about TipRanks Smart Score
Company Description
Corning
Corning Incorporated operates in optical communications, display, specialty materials, automotive, and life sciences businesses in the United States, Canada, Mexico, Japan, Taiwan, China, South Korea, Germany, and internationally. The company provides optical fibers and cables; and hardware and equipment products, such as cable assemblies, fiber optic hardware and connectors, optical components and couplers, closures, network interface devices, and other accessories for the telecommunications industry, businesses, governments, and individuals. It also offers glass substrates for flat panel displays, including liquid crystal displays and organic light-emitting diodes that are used in televisions, notebook computers, desktop monitors, tablets, and handheld devices. In addition, it manufactures products that offer material formulations for glass, glass ceramics, crystals, precision metrology instruments, and software, as well as glass wafers and substrates, tinted sunglasses, and radiation shielding products for markets, such as mobile consumer electronics, semiconductor equipment optics and consumables, aerospace and defense optics, radiation shielding products, sunglasses, and telecommunications components. Further, the company provides ceramic substrates and filter products for emissions control in mobile, gasoline, and diesel applications, as well as technical glass and optic products and solutions for the interior and exterior of vehicles. Additionally, it offers laboratory products, including plastic vessels, liquid handling plastics, specialty surfaces, cell culture media, and serum, as well as general labware, and glassware and equipment under the Corning, Falcon, PYREX, and Axygen brands. It also offers polysilicon products and pharmaceutical glass tubing and vials. The company was formerly known as Corning Glass Works and changed its name to Corning Incorporated in April 1989. Corning Incorporated was founded in 1851 and is headquartered in Corning, New York.
GLW Company Deck
GLW Earnings Call
Q2 2026
0:00 / 0:00
Earnings Call Sentiment|Positive
The call presented a strong operating quarter with multiple clear growth drivers—especially in Optical Communications and Enterprise (Gen AI)—meaningfully improved margins, record free cash flow, and ambitious multi-year targets backed by major customer agreements. Key near-term challenges include a modest solar loss and upgrade-related costs, memory-driven end-market pressure, and timing uncertainty around photonics and optical Scale-Up adoption. Management emphasized risk-adjusted planning and long-term customer-backed investments to mitigate these timing risks.View all MX:GLW earnings summariesGLW Revenue Breakdown
40.14% Optical communications
18.97% Display products
14.04% Specialty materia
11.37% Automotive
6.14% Life science products
6.11% Polycrystalline silicon products
3.23% All other products
GLW Stock 12 Month Forecast
Average Price Target
$3,220.31
▲(25.30% Upside)