Corning (GLW) Stock Price & Analysis
GLW Stock Chart & Stats
- Day’s Range
- MXN 2,290.00 - MXN 2,424.99
- 52-Week Range
- MXN 1,304.00 - MXN 4,720.00
- Previous Close
- MXN 2,481.00
- Volume
- 411
- Average Volume (3M)
- 421
- Market Cap
- MXN 2.00T
- Enterprise Value
- MXN 141.16B
- Total Cash (Recent Filing)
- MXN 2.54B
- Total Debt (Recent Filing)
- MXN 8.20B
- Price to Earnings (P/E)
- 49.3
- Beta
- 0.21
- Next Earnings
- Feb 03, 2027 (Est.)
- EPS Estimate
- N/A
- Next Dividend Ex-Date
- N/A
- Dividend Yield
- 0.82%
Bulls Say, Bears Say
Bulls Say
Optical Communications Growth
Optical Communications is becoming a major growth engine, supported by strong adoption of data-center and Gen AI products. Its rapid sales and profit expansion can improve Corning’s mix, reinforce customer relationships, and support durable earnings growth as network capacity requirements increase.
Customer-Backed Capacity Expansion
Long-term customer agreements and upfront funding provide visibility for capacity investments while sharing expansion costs and risk. This strengthens customer stickiness, supports supply commitments, and allows Corning to scale toward demand without relying entirely on internally generated capital.
Profitability And Cash Recovery
The rebound in revenue and profitability indicates meaningful recovery from the 2023–2024 trough. Higher operating margins and stronger earnings provide more resources for growth investment, while the improved scale and mix may help sustain returns if demand remains favorable across major businesses.
Bears Say
Earnings Cyclicality
Corning’s recent recovery follows a pronounced downturn, demonstrating that earnings remain sensitive to demand, pricing, and capacity utilization across cyclical end markets. This volatility can make profitability less predictable and complicate sustained investment planning through weaker industry periods.
Solar Loss And Slow Ramp
Solar is currently diluting company profitability rather than contributing at its intended scale. The slower production ramp delays productivity benefits and the targeted margin opportunity, leaving Corning exposed to execution risk until output improves and the business reaches sustainable profitability.
Optical Capacity Constraints
Strong demand is exceeding available optical capacity while Corning ramps new products across its platforms. If expansion lags customer requirements, the company may face allocation tradeoffs, delayed revenue capture, or pressure to accelerate capital spending, limiting near-term operating leverage.
Corning News
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Corning Stock 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.
- Sector
- Technology
- Industry
- Hardware, Equipment & Parts
- CEO
- Wendell Weeks
- Employees
- 67,200
- Website
- www.corning.com
- Address
- One Riverfront Plaza, Corning, NY, 14831, US
Corning (GLW) Earnings & Revenues
GLW Company Deck
GLW Earnings Call
Earnings Call SentimentPositive
The call was strongly positive. Third-quarter sales, EPS, margins, ROIC, free cash flow, optical communications performance, and fourth-quarter guidance all showed substantial growth, while the company exceeded its near-term SpringBoard run-rate target and highlighted strong Gen AI demand and customer commitments. The main challenges were declines in Glass Innovations and some automotive and life sciences profitability metrics, a solar net loss and slower-than-anticipated production ramp, tight optical capacity, and foreign exchange and input-cost pressures.
View all MX:GLW earnings summariesGLW Net sales 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
Technical Analysis
Overall Consensus
| Indicator | Bullish | Neutral | Bearish |
|---|---|---|---|
| Overall Consensus | 3 | 5 | 14 |
| Technical Analysis | 3 | 5 | 2 |
| Moving Averages | 0 | 0 | 12 |