Corning Incorporated (GLW)
| Market Cap | 143.34B +131.1% |
| Revenue (ttm) | 16.96B +19.4% |
| Net Income | 1.90B +132.0% |
| EPS | 2.17 +130.9% |
| Shares Out | 861.39M |
| PE Ratio | 76.76 |
| Forward PE | 44.94 |
| Dividend | $1.12 (0.67%) |
| Ex-Dividend Date | Aug 31, 2026 |
| Volume | 4,893,354 |
| Open | 165.50 |
| Previous Close | 163.12 |
| Day's Range | 163.75 - 168.82 |
| 52-Week Range | 74.60 - 271.78 |
| Beta | 1.15 |
| Analysts | Strong Buy |
| Price Target | 194.31 (+16.77%) |
| Earnings Date | Oct 27, 2026 |
About GLW
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. ... [Read more]
Financial Performance
In 2025, Corning's revenue was $15.63 billion, an increase of 19.14% compared to the previous year's $13.12 billion. Earnings were $1.60 billion, an increase of 215.42%.
Financial StatementsAnalyst Summary
According to 17 analysts, the average rating for GLW stock is "Strong Buy." The 12-month stock price target is $194.31, which is an increase of 16.77% from the latest price.
News
Corning Transcript: Citi’s 2026 Global TMT Conference
A major Verizon deal and robust demand in optical and AI data center markets are accelerating growth, with financial targets for $20B run rate by Q3 2024 and $40B by 2030. Capacity expansions, innovation in photonics, and strong customer partnerships underpin confidence in sustained high-teens growth and rising profitability.
Qualcomm, Corning, Casey's, Braze, and More Stocks That Explain Today's Market
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AI infrastructure stocks rally on deal announcements from Qualcomm, Corning
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Optical Stocks Surge as Corning Inks Multibillion-Dollar Deal With Verizon
Corning shares are jumping after the company agreed to a lucrative supply agreement with Verizon Communications for high-density optical fiber. The news is lifting shares of other companies in the spa...
Verizon signs optical fiber deal with Corning to expand broadband, support AI growth
Verizon said on Tuesday it has signed an agreement with specialty glass maker Corning for high-density optical fiber, as the telecom company ramps up broadband expansion and reinforces network in...
Corning Stock (GLW) Jumps 8% on Multi-Billion-Dollar Fiber Deal
The optics company is a major player in the AI buildout.
Verizon, Corning Reach Multi-Billion Dollar Agreement for Broadband Expansion
The companies said the deal will help meet surging demand for consumer broadband and converged services, accelerating Verizon's push to bring internet access to more homes and businesses across the na...
Verizon, Corning enter multi-billion dollar agreement for 80M miles of fiber
Verizon (VZ) and Corning (GLW) have reached a multi-billion dollar agreement for 80M plus miles of high-density optical fiber and connectivity solutions from 2027 to 2032. The multi-use fiber deployme...
Corning Stock Rises on Multi-Billion Dollar Fiber Agreement With Verizon
Corning and Verizon agree on a supply agreement that runs through 2032 for broadband and AI infrastructure.
Verizon, Corning announce multi-year, multi-billion dollar supply agreement
Verizon (VZ) and Corning (GLW) have reached a multi-billion dollar agreement for 80-plus million miles of high-density optical fiber and connectivity solutions from 2027 to 2032 to meet surging demand...
Corning initiated with a Buy at China Renaissance
China Renaissance initiated coverage of Corning (GLW) with a Buy rating and $238 price target
Corning, Zayo expand strategic supply agreement
Zayo announced an expanded strategic supply agreement with Corning (GLW) Incorporated. The agreement secures a significant portion of the fiber Zayo has projected to need through the remainder of the…
Zayo Stays Ahead of AI Infrastructure Demand Through Long-Term Fiber Supply Agreement with Corning
DENVER--(BUSINESS WIRE)--AI infrastructure is putting unprecedented pressure on one of the physical inputs required to scale it: fiber. To address this constraint before it becomes a barrier to execut...
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Pivotal Manufacturing Partners and Meadow Partners Acquire Advanced Manufacturing Facility in Greater Phoenix
NEW YORK & PHOENIX--(BUSINESS WIRE)--Pivotal Manufacturing Partners ("Pivotal"), a real estate investment platform purpose-built to acquire and develop advanced manufacturing assets, and Meadow Partne...
These AI ‘Pick and Shovel' Plays Soared on Friday
Photonics and optics stocks got a big boost Friday in the wake of strong earnings and amid anticipation of a potential setback for overseas competition.
Marvell, Corning, and Lumentum Stocks Surge on Report of China Import Ban
Marvell stocck was rising along with Corning, Lumentum and Coherent following a report about plans to restrict Chinese data-center components.
Corning stock jumps 5% after this analyst sees opportunity after recent sell off
Shares of Corning Inc. rose on Monday after Truist Securities upgraded the optical networking and specialty glass maker to Buy from Hold, arguing that the stock's steep decline in July has created a m...
Corning Stock Sank 46% in July. Why Wall Street Says It Could Be a Buy Right Now.
Corning stock declined 46% in July. Wall Street sees a buying opportunity.
Jim Cramer: How to avoid getting burned by parabolic stocks
CNBC's Jim Cramer urged investors to take profits as stocks go parabolic, saying those explosive rallies often unravel just as quickly once momentum fades. He pointed to Arm Holdings and Corning, whic...
GLW Hits 6-Month Low After Earnings & Options Trade Amid Stock Sell-Off
Marley Kayden talks about Corning's (GLW) downside price action despite beating on earnings and commentary from the CEO that the company is "entering a new phase of accelerating growth." The stock is ...
Corning tumbles 18% after earnings, leading rout in optical stocks
Shares of Corning fell after the company reported second-quarter earnings, dragging down other optical component names in the AI space. The stock was on pace for its worst day since July 30, 2002.
GLW Plunges Despite Earnings Beat, UPS Ships Guidance Raise
Strategic wins and an earnings beat aren't enough for Corning (GLW) shareholders, who punished the stock with a sell-off greater than 15% before the opening bell. Jenny Horne explains why Wall Street ...
Corning Earnings Call Transcript: Q2 2026
Q2 2026 saw 17% sales growth and 30% EPS growth, led by Optical Communications and strong enterprise demand. The company targets a 19% sales CAGR through 2030, with major customer agreements and increased CapEx supporting growth. Free cash flow and margins are expanding.
Corning Earnings release: Q2 2026
Corning released its Q2 2026 earnings on July 28, 2026, summarizing the period's financial results.