Want to see GLW full AI Analyst Report?
GLW Stock Chart & Stats
$164.38
-$0.58(-1.21%)
At close: 4:00 PM EST
$164.38
-$0.58(-1.21%)
Day’s Range― - ―
52-Week Range$51.32 - $271.78
Previous CloseN/A
Volume844.60K
Average Volume (3M)15.75M
Market Cap
$158.38B
Enterprise Value$158.18B
Total Cash (Recent Filing)$1.75B
Total Debt (Recent Filing)$8.97B
Price to Earnings (P/E)91.2
Beta1.11
Next Earnings
Jul 28, 2026EPS Estimate
0.75Next Dividend Ex-DateN/A
Dividend Yield1.25%
Share Statistics
EPS (TTM)2.11
Shares Outstanding860,637,800
10 Day Avg. Volume20,619,859
30 Day Avg. Volume15,748,788
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 Cap1.00
Enterprise Value/Revenue9.69
Enterprise Value/Gross Profit26.69
Enterprise Value/Ebitda41.92
Forecast
1Y Price Target
$214.10Price Target Upside30.25% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering11
EPS Forecast (FY)3.19
Revenue Forecast (FY)$18.99B
Bulls Say, Bears Say
Bulls Say
Optical Communications ContractsLarge, multiyear hyperscaler contracts create durable, predictable revenue streams and support higher utilization of specialized manufacturing. These agreements underpin investment returns, deepen customer relationships, and strengthen Corning’s leadership in data-center optical connectivity over the next several years.
Improving Profitability & Cash FlowSustained operating cash flow and meaningful free cash flow, alongside improved gross and net margins, indicate structural efficiency gains. Strong absolute FCF supports reinvestment, buybacks, and dividends, giving the company durable financial flexibility despite cyclical end markets.
Strategic NVIDIA Partnership & U.S. Capacity BuildA multiyear technology and manufacturing partnership with NVIDIA materially increases domestic scale and onshore supply, positioning Corning as a preferred supplier for AI infrastructure. Expanded capacity and new facilities create structural barriers to entry and align revenue growth with secular AI-driven demand.
Bears Say
Elevated LeverageHigher debt levels reduce financial flexibility and raise the stakes on execution in cyclical markets. If industry investments slow or cash flow weakens, servicing leverage could constrain strategic options, limit opportunistic M&A or buybacks, and increase sensitivity to interest-cost variability.
Solar Wafer Ramp Execution RiskOperational setbacks in the solar wafer ramp show execution risk in a capital- and technology‑intensive growth area. Delays and shutdowns can push out expected returns, raise unit costs, and require additional capex/operational fixes, making projected solar contributions to springboard targets less certain.
Sustained Elevated CapEx NeedsOngoing large capital expenditures to scale optical and solar capacity will pressure free cash flow conversion and may prolong leverage. Even with customer risk-sharing, sustained high capex delays payback periods, constrains cash available for other priorities, and raises execution and funding risk over multiple years.
GLW FAQ
What was Corning Inc’s price range in the past 12 months?
Corning Inc lowest stock price was $51.32 and its highest was $271.78 in the past 12 months.
What is Corning Inc’s market cap?
Corning Inc’s market cap is $158.38B.
When is Corning Inc’s upcoming earnings report date?
Corning Inc’s upcoming earnings report date is Jul 28, 2026 which is in 17 days.
How were Corning Inc’s earnings last quarter?
Corning Inc released its earnings results on Apr 28, 2026. The company reported $0.7 earnings per share for the quarter, beating the consensus estimate of $0.692 by $0.008.
Is Corning Inc overvalued?
According to Wall Street analysts Corning Inc’s price is currently Undervalued.
Does Corning Inc pay dividends?
Corning Inc pays a Quarterly dividend of $0.28 which represents an annual dividend yield of 1.25%. See more information on Corning Inc dividends here
What is Corning Inc’s EPS estimate?
Corning Inc’s EPS estimate is 0.75.
How many shares outstanding does Corning Inc have?
Corning Inc has 860,637,800 shares outstanding.
What happened to Corning Inc’s price movement after its last earnings report?
Corning Inc reported an EPS of $0.7 in its last earnings report, beating expectations of $0.692. Following the earnings report the stock price went down -8.904%.
Which hedge fund is a major shareholder of Corning Inc?
Currently, no hedge funds are holding shares in 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
Outperform
1
2
3
4
5
6
7
8
9
10
Analyst Consensus
Moderate Buy
Average Price Target:
$214.10 (30.25% Upside)
$214.10 (30.25% Upside)
Blogger Sentiment
Neutral
GLW Sentiment 50%
Sector Average 65%
Sector Average 65%
Hedge Fund Trend
Increased
By 3.7M Shares
Last Quarter.
Last Quarter.
Insider Transactions
Sold Shares
Worth $54.1M over
the Last 3 Months
the Last 3 Months
Crowd Wisdom
Very Positive
Last 7 Days ▲ 1.8%
Last 30 Days ▲ 12.4%
Last 30 Days ▲ 12.4%
News Sentiment
Very Bullish
Bullish news 100%
Bearish news 0%
Bearish news 0%
Technicals
SMA
Positive
20 days / 200 days
Momentum
269.95%
12-Months-Change
Fundamentals
Return on Equity
15.65%
Trailing 12-Months
Asset Growth
14.09%
Trailing 12-Months
Company Description
Corning Inc
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
Q1 2026
0:00 / 0:00
Earnings Call Sentiment|Positive
The call was decidedly positive: Corning reported strong top-line and EPS growth, margin expansion, robust optical communications momentum with major hyperscaler deals, rapid solar sales growth and meaningful progress on its Springboard plan. These achievements outweigh notable near-term operational challenges — principally a delayed solar wafer ramp and temporary expense hits tied to transitioning utilities and equipment upgrades. Management expects these to be transitory and is upgrading long-term plans, signaling confidence in profitable growth ahead.View all 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
All Analysts
Top Analysts
Average Price Target
$214.10
▲(30.25% Upside)
Technical Analysis
1 Day
3 Days
1 Week
1 Month
Ownership Overview
0.20% Insiders
20.26% Mutual Funds
0.37% Other Institutional Investors
56.78% Public Companies and Individual Investors











