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

5,667 Followers

GLW Stock Chart & Stats

$164.38
-$0.58(-1.21%)
At close: 4:00 PM EST
$164.38
-$0.58(-1.21%)

Bulls Say, Bears Say

Bulls Say
Optical Communications / Hyperscaler DealsLarge multiyear hyperscaler agreements and 36% YoY segment growth signal durable structural demand from cloud and AI datacenter buildouts. Long-term contracts and scale advantage in low-loss fiber support predictable asset utilization and backlog visibility for years of optical revenue.
Improving Cash Generation & MarginsConsistent FCF generation alongside margin expansion and meaningful Springboard progress indicates durable improvement in operating leverage and capital efficiency. Robust absolute FCF provides capacity to fund capex, buybacks, and R&D while supporting long-term strategic investments.
Strategic NVIDIA Partnership & U.S. Capacity BuildA cooperative pact with NVIDIA to onshore large-scale optical manufacturing materially strengthens Corning's role in AI infrastructure supply chains. The capacity expansion and domestic footprint deepen customer ties, create high fixed-asset moat, and align with secular AI-driven demand growth.
Bears Say
Elevated LeverageHigher debt-to-equity reduces financial flexibility if demand softens or capex spikes. While returns have improved, elevated leverage lengthens recovery time after cyclical lows and constrains optionality for large strategic moves without increasing funding costs or diluting shareholders.
Solar Wafer Ramp & Operational DisruptionExecution delays and utility/equipment transitions at the wafer facility materially depress near-term throughput and margins. For a nascent Solar segment, persistent ramp risk can slow scale economics, delay payback on capex, and add operational complexity to Corning’s growth agenda.
Moderate Cash Conversion & Ongoing Capex NeedsWhile absolute FCF is solid, only moderate cash conversion leaves less internal funding for rapid capacity expansion. Sustained high capex to support optical and solar growth may pressure free cash flow conversion and require continued external financing or slower return of capital.

Corning News

GLW FAQ

What was Corning Inc’s price range in the past 12 months?
Corning Inc lowest stock price was $49.97 and its highest was $211.79 in the past 12 months.
    What is Corning Inc’s market cap?
    Corning Inc’s market cap is $161.70B.
      When is Corning Inc’s upcoming earnings report date?
      Corning Inc’s upcoming earnings report date is Aug 04, 2026 which is in 48 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. 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 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

                      Company Description

                      Corning Inc

                      Corning Incorporated is a global enterprise operating across five key business areas: display technologies, optical communications, environmental solutions, specialty materials, and life sciences. Its Display Technologies division manufactures glass substrates essential for liquid crystal displays and organic light-emitting diode screens, which are integrated into consumer electronics such as televisions, laptops, desktop monitors, tablets, and handheld devices. The Optical Communications segment provides a comprehensive range of products, including optical fibers and cables, alongside various hardware and equipment like cable assemblies, fiber optic connectors, optical components, couplers, network closures, interface devices, and other accessories. This segment serves commercial enterprises, government bodies, and individual consumers alike. The Specialty Materials division develops and produces a diverse portfolio of items, including material formulations for glass, glass ceramics, and crystals. It also offers precision measurement instruments, software, ultra-thin and ultra-flat glass wafers and substrates, tinted eyewear, and products for radiation protection. This division caters to sectors such as mobile consumer electronics, optics and consumables for semiconductor manufacturing, aerospace and defense optics, radiation shielding applications, sunglass production, and telecommunications components. Corning's Environmental Technologies segment is responsible for ceramic substrates and filtration systems, crucial for controlling emissions in mobile, gasoline, and diesel engine applications. Within the Life Sciences segment, the company supplies a variety of laboratory products. These include consumables like plastic vessels, liquid handling plastics, specialized surfaces, cell culture media, and serums, as well as general labware and equipment, all marketed under prominent brands such as Corning, Falcon, Pyrex, and Axygen. Originally founded in 1851 as Corning Glass Works, the company adopted its current name, Corning Incorporated, in April 1989. Its corporate headquarters are situated in Corning, New York.

                      Corning (GLW) Earnings & Revenues

                      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 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

                      $205.11
                      ▲(24.78% Upside)
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<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 11,\t&nbsp; </span>\n              <span  style=\"color:#828080\">Hold 3, \t&nbsp;</span>\n              <span  style=\"color:#912767\">Sell 0</span>\n      ","marker":{"lineColor":"#199ca5","enabled":true,"symbol":"circle"}},{"y":52.021,"date":1751328000000,"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 16,\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":61.379,"date":1754006400000,"info":" <span style=\"color:#199ca5\" class=\"mb3 mt2 fonth8_semibold\"> Strong Buy</span>\n         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19,\t&nbsp; </span>\n              <span  style=\"color:#828080\">Hold 4, \t&nbsp;</span>\n              <span  style=\"color:#912767\">Sell 0</span>\n      ","marker":{"lineColor":"#199ca5","enabled":true,"symbol":"circle"}},{"y":88.476,"date":1761955200000,"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 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  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","marker":{"lineColor":"#199ca5","enabled":true,"symbol":"circle"}},{"y":157.618,"date":1772323200000,"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 23,\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":142.162,"date":1775001600000,"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 25,\t&nbsp; </span>\n              <span  style=\"color:#828080\">Hold 7, \t&nbsp;</span>\n              <span  style=\"color:#912767\">Sell 0</span>\n      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                      Ownership Overview

                      0.20%20.45%17.45%38.29%
                      17.45% Other Institutional Investors
                      38.29% Public Companies and Individual Investors
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