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Corning Inc (GLW)
NYSE:GLW
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Corning (GLW) Price & Analysis

6,136 Followers

GLW Stock Chart & Stats

$146.65
-$9.41(-6.03%)
At close: 4:00 PM EDT
$146.65
-$9.41(-6.03%)

Bulls Say, Bears Say

Bulls Say
Strong Cash GenerationSustained positive free cash flow (~$2.4B TTM) and robust operating cash flow provide durable funding for reinvestment, capacity builds and shareholder returns without immediate external financing. This cash strength underpins multi‑year growth plans and buffers cyclical revenue swings.
Improved ProfitabilityMaterial margin expansion and return-to-profitability reflect better pricing, mix and cost control across segments. Higher operating margins support sustained internal funding for R&D and capex and raise structural ROIC, improving long‑term earnings power if end markets remain supportive.
Strategic AI/Optics PartnershipsA multiyear collaboration with NVIDIA and major customer agreements deepens Corning's role in hyperscale AI supply chains. Large, customer‑backed capacity expansions and onshoring raise long‑term demand visibility and competitive moat in high‑growth optical connectivity markets.
Bears Say
Cyclicality & VolatilityCorning's history of multi‑year swings in earnings and cash flow reduces predictability of targets and makes capital allocation riskier. In downturns, leverage and fixed costs can compress margins and delay returns on recent investments, stressing balance sheet flexibility.
High Capital IntensityLarge, front‑loaded capex to scale optical and photonics capacity raises execution risk: cash outlays precede revenue, magnifying sensitivity to timing of customer adoption. Sustained returns rely on full utilization and long‑term contracts to justify heavy investments.
Photonics Adoption Timing RiskAmbiguity around how quickly photonics technologies and Scale‑Up optical port penetration will be adopted by AI factories can delay revenue realization and ROIC improvement. This timing uncertainty challenges execution of ambitious multi‑year Springboard targets.

Corning News

GLW FAQ

What was Corning Inc’s price range in the past 12 months?
Corning Inc lowest stock price was $61.44 and its highest was $271.78 in the past 12 months.
    What is Corning Inc’s market cap?
    Corning Inc’s market cap is $106.76B.
      When is Corning Inc’s upcoming earnings report date?
      Corning Inc’s upcoming earnings report date is Nov 03, 2026 which is in 95 days.
        How were Corning Inc’s earnings last quarter?
        Corning Inc released its earnings results on Jul 28, 2026. The company reported $0.78 earnings per share for the quarter, beating the consensus estimate of $0.755 by $0.025.
          Is Corning Inc overvalued?
          According to Wall Street analysts Corning Inc’s price is currently Undervalued. Get more investment ideas with TipRanks Premium
            Does Corning Inc pay dividends?
            Corning Inc pays a Quarterly dividend of $0.28 which represents an annual dividend yield of 0.83%. See more information on Corning Inc dividends here
              What is Corning Inc’s EPS estimate?
              Corning Inc’s EPS estimate is 0.87.
                How many shares outstanding does Corning Inc have?
                Corning Inc has 861,388,300 shares outstanding.
                  What happened to Corning Inc’s price movement after its last earnings report?
                  Corning Inc reported an EPS of $0.78 in its last earnings report, beating expectations of $0.755. Following the earnings report the stock price went down -12.102%.
                    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

                      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.

                      Corning (GLW) Earnings & Revenues

                      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 GLW earnings summaries

                      GLW Revenue Breakdown

                      40.14%40.14%18.97%14.04%11.37%6.14%6.11%3.23%
                      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
                      tipranks

                      GLW Stock 12 Month Forecast

                      Average Price Target

                      $191.50
                      ▲(30.58% Upside)
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18,\t&nbsp; </span>\n              <span  style=\"color:#828080\">Hold 5, \t&nbsp;</span>\n              <span  style=\"color:#912767\">Sell 0</span>\n      ","marker":{"lineColor":"#199ca5","enabled":true,"symbol":"circle"}},{"y":82.618,"date":1764547200000,"info":" <span style=\"color:#199ca5\" class=\"mb3 mt2 fonth8_semibold\"> Strong Buy</span>\n            <div class=\"flexrcb px3 displayflex fonth9_semibold\"><span  style=\"color:#199ca5\">Buy 12,\t&nbsp; </span>\n              <span  style=\"color:#828080\">Hold 6, \t&nbsp;</span>\n              <span  style=\"color:#912767\">Sell 0</span>\n      ","marker":{"lineColor":"#199ca5","enabled":true,"symbol":"circle"}},{"y":87.263,"date":1767225600000,"info":" <span style=\"color:#199ca5\" class=\"mb3 mt2 fonth8_semibold\"> Strong Buy</span>\n            <div class=\"flexrcb px3 displayflex fonth9_semibold\"><span  style=\"color:#199ca5\">Buy 14,\t&nbsp; </span>\n              <span  style=\"color:#828080\">Hold 7, \t&nbsp;</span>\n  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                      Ownership Overview

                      0.20%20.26%2.66%55.38%
                      2.66% Other Institutional Investors
                      55.38% Public Companies and Individual Investors
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