Corning Incorporated (GLW)

Currency in USD
156.68
+3.85(+2.52%)
Closed·
157.24+0.56(+0.36%)
·
Earnings results expected in 15 days
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Fair Value
Day's Range
151.20159.18
52 wk Range
77.39271.78
Key Statistics
Prev. Close
156.68
Open
156.47
Day's Range
151.2-159.18
52 wk Range
77.39-271.78
Volume
6.68M
Average Vol. (3m)
10.2M
1-Year Change
88.8166%
Book Value / Share
14.59
Fair Value
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Fair Value Upside
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GLW Scorecardpro icon
Company’s Health
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Fair Value
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Fair Price
Upside
Price Target
187.71
Upside
+19.80%
Members' Sentiments
Bearish
Bullish
ProTips
Trading at a low P/E ratio relative to near-term earnings growth

Corning Incorporated News & Analysis

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Technical Analysis

Summary
Strong Sell
Sell
Neutral
Buy
Strong Buy
Neutral
Technical Indicators
Neutral
Moving Averages
Neutral

Analyst Ratings

13 Buy
5 Hold
0 Sell
Ratings:
18 analysts
Overall Consensus
Buy

Analysts 12-Month Price Target:

Average 187.71
(+19.80% Upside)
Firm
ArticlePositionPrice TargetUpside / DownsideFrom Price TargetActionDate
UBS
Buy201.00+28.29%196.00MaintainOct 05, 2026
Truist Securities
Buy182.00+16.16%175.00MaintainOct 02, 2026
Bernstein SocGen Group
Hold140.00-10.65%-New CoverageSep 30, 2026
Mizuho
Buy180.00+14.88%210.00MaintainSep 14, 2026
China Renaissance
Buy238.00+51.90%-New CoverageSep 08, 2026

Corning Incorporated SWOT Analysis


Supply Chain Hurdles
Component availability constraints prevented optical segment from capturing full market upside despite strong telecommunications and data center demand
Analyst Outlook
Price targets range from $83 to $100, with an average around $89, though current trading significantly exceeds these conservative estimates
AI Infrastructure Boom
Artificial intelligence workloads drive substantial demand for optical communications, with data center expansion creating multi-year growth opportunities
Springboard Ambitions
Corning elevated its Springboard Plan target to $11 billion by Q4 2028, reflecting confidence in hyper-scale agreements and co-packaged optics technology
Read full SWOT analysis

Corning Incorporated Earnings Call Summary for Q2/2026

  • Corning reported Q2 2026 EPS of $0.78 and revenue of $4.74B, beating estimates of $0.75 and $4.62B; shares plunged 18.5% to $116.89.
  • Optical Communications surged 32% to $2.07B driven by AI data center demand; gross margin expanded 120bps to 39.6%, operating margin up 190bps to 20.9%.
  • Q3 guidance: $4.9B-$5.0B revenue and $0.85-$0.89 EPS; company expects $20B annualized sales run rate in Q3, one quarter ahead of schedule.
  • Management targeting 19% sales CAGR from Q4 2026-2030, with $40B revenue by 2030; capex rising to $2B in 2026 to support optical expansion.
  • CEO Weeks cited shift to long-term customer contracts for optical capacity; heavy capital spending and mixed end markets pose near-term execution risks.
Last Updated: 07/28/2026, 09:50 AM
Read Full Transcript
Corning investor slides for Q2/2026
Corning Q2 2026 slides
Last Update: Jul 28, 2026
See full investor slides

Earnings

Latest Release
Jul 28, 2026
EPS / Forecast
0.78 / 0.75
Revenue / Forecast
4.74B / 4.62B
EPS Revisions
Last 90 days

Dividends

Payout Ratio
Payout ratio (TTM)
Earnings retained
EPS 2.17%
Dividend Yield
0.71%
Industry Median 1.08%
Annualized Payout
1.12
Paid quarterly
5-Years Growth
+4.01%
Growth Streak

GLW Income Statement

Compare GLW to Peers and Sector

Metrics to compare
GLW
Peers
Sector
Relationship
P/E Ratio
71.0x41.4x12.0x
PEG Ratio
0.541.190.01
Price / Book
10.7x5.1x2.4x
Price / LTM Sales
8.0x3.6x2.3x
Upside (Analyst Target)
19.8%0.8%32.7%
Fair Value Upside
Unlock0.7%5.4%Unlock

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.

Employees
67200

Ownership

Ownership Overview

Type
Common Stock Held% of Shares OutstandingMarket Value
Mutual Funds & ETFs
311.96M36.22%48.88B
Other Institutional Investors
398.25M46.23%62.40B
Public Companies & Retail Investors
151.18M17.55%23.69B
Total
861.39M100.00%134.96B

Top Holders

Holder
% of holding
Shares Held
Date Reported
Value (In 1,000s)
Samsung Electronics Co., Ltd.7.89%68,000,00010,654,240
BlackRock, Inc.7.63%65,765,57410,304,150

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FAQ

What Is the Corning (GLW) Stock Price Today?

The Corning stock price today is 156.68 USD.

What Stock Exchange Does Corning Trade On?

Corning is listed and trades on the New York Stock Exchange.

What Is the Stock Symbol for Corning?

The stock symbol for Corning is "GLW."

Does Corning Pay Dividends? What’s The Current Dividend Yield?

The Corning dividend yield is 0.71%.

What Is the Corning Market Cap?

As of today, Corning market cap is 134.96B USD.

What Is Corning's Earnings Per Share (TTM)?

The Corning EPS (TTM) is 2.17.

When Is the Next Corning Earnings Date?

Corning will release its next earnings report on Oct 27, 2026.

From a Technical Analysis Perspective, Is GLW a Buy or Sell?

Based on moving averages and other technical indicators, the daily buy/sell signal is Strong Sell.

How Many Times Has Corning Stock Split?

Corning has split 5 times.

How Many Employees Does Corning Have?

Corning has 67200 employees.

What is the current trading status of Corning (GLW)?

As of Oct 12, 2026, Corning (GLW) is trading at a price of 156.68 USD, with a previous close of 156.68 USD. The stock has fluctuated within a day range of 151.20 USD to 159.18 USD, while its 52-week range spans from 77.39 USD to 271.78 USD.

What Is Corning (GLW) Price Target According to Analysts?

The average 12-month price target for Corning is 187.71 USD, with a high estimate of 238 USD and a low estimate of 129 USD. 13 analysts recommend buying the stock, while 0 suggest selling, leading to an overall rating of Buy. The stock has an +19.80% Upside potential.

What Is the GLW Premarket Price?

GLW's last pre-market stock price is 156.76 USD. The pre-market share volume is 196,850.00, and the stock has decreased by 3.93, or 2.57%.

What Is the GLW After Hours Price?

GLW's last after hours stock price is 157.24 USD, the stock has decreased by 0.56, or 0.36%.
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