Corning Incorporated (GLW)

NYSE: GLW · Real-Time Price · USD
46.54
+1.00 (2.20%)
At close: Apr 2, 2025, 4:00 PM
45.26
-1.28 (-2.76%)
After-hours: Apr 2, 2025, 5:34 PM EDT
2.20%
Market Cap 39.87B
Revenue (ttm) 13.12B
Net Income (ttm) 506.00M
Shares Out 856.78M
EPS (ttm) 0.58
PE Ratio 80.24
Forward PE 19.71
Dividend $1.12 (2.41%)
Ex-Dividend Date Feb 28, 2025
Volume 3,791,002
Open 44.61
Previous Close 45.54
Day's Range 44.50 - 46.93
52-Week Range 30.72 - 55.33
Beta 1.02
Analysts Buy
Price Target 54.31 (+16.7%)
Earnings Date Apr 29, 2025

About GLW

Corning Incorporated engages in the optical communications, display technologies, environmental technologies, specialty materials, and life sciences businesses in the United States and internationally. The company’s Optical Communications segment 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 individua... [Read more]

Sector Technology
Founded 1851
Employees 56,300
Stock Exchange NYSE
Ticker Symbol GLW
Full Company Profile

Financial Performance

In 2024, Corning's revenue was $13.12 billion, an increase of 4.21% compared to the previous year's $12.59 billion. Earnings were $506.00 million, a decrease of -12.91%.

Financial Statements

Analyst Forecast

According to 13 analysts, the average rating for GLW stock is "Buy." The 12-month stock price forecast is $54.31, which is an increase of 16.70% from the latest price.

Price Target
$54.31
(16.70% upside)
Analyst Consensus: Buy
Stock Forecasts

News

Airspan Completes Acquisition of Corning's Wireless Business

BOCA RATON, Fla.--(BUSINESS WIRE)-- #5G--Airspan Networks Holdings LLC ("Airspan"), a leading global provider of wireless network solutions, today announced the successful completion of its acquisitio...

1 day ago - Business Wire

Corning Launches GlassWorks AI™ Solutions, a One-Stop Shop for AI Data Center Infrastructure Needs

CORNING, N.Y.--(BUSINESS WIRE)--Corning Incorporated (NYSE:GLW) today launched Corning GlassWorks AI™ solutions, a “one-stop shop” of customized data center products and services to help operators bui...

6 days ago - Business Wire

Corning Launches Corning® Gorilla® Glass Ceramic, Expanding Renowned Portfolio of Tough Cover Materials

CORNING, N.Y.--(BUSINESS WIRE)--Corning Incorporated (NYSE: GLW) today announced the introduction of Corning® Gorilla® Glass Ceramic, an innovative, transparent, and strengthenable glass ceramic mater...

7 days ago - Business Wire

Corning Incorporated (GLW) Investor Event Conference Call (Transcript)

Corning Incorporated (NYSE:GLW) Investor Event Conference Call March 18, 2025 8:45 AM ET Company Participants Ann Nicholson - Vice President, Investor Relations Wendell Weeks - Chairman & Chief Execu...

14 days ago - Seeking Alpha

Corning Bumps Up Long-Term Targets

The maker of specialty glass for TV screens and smartphones gave its long-term financial targets a boost as it makes progress on its so-called “Springboard” plan to add billions of dollars in sales in...

15 days ago - WSJ

Corning Upgrades High-Confidence Springboard Plan to Now Add More Than $4 Billion in Annualized Sales, and to Achieve Operating Margin of 20%, by End of 2026 (1)

CORNING, N.Y.--(BUSINESS WIRE)--Corning Incorporated (NYSE: GLW) today announced an upgrade to its Springboard plan, along with details on the key milestones achieved across the company, at an investo...

15 days ago - Business Wire

Corning CEO on growth plan: Everything we see continues to point to strong demand over near-term

Corning chairman and CEO Wendell Weeks joins 'Squawk Box' to discuss updates to the company's 'Springboard' plan, new Q1 guidance, impact of generative AI and infrastructure buildout, the company's so...

15 days ago - CNBC Television

Corning: Buy The Dip

Corning's drop in price presents a great buying opportunity for value and growth investors. Its strong growth in optical communications, driven by AI and data center demand, supports its robust fundam...

21 days ago - Seeking Alpha

Tech company Corning, US solar manufacturers partner on American-made panel

Technology company Corning has struck a deal with U.S. solar manufacturers Suniva and Heliene to produce what will be the only solar panel composed of all American-made components, the companies said ...

27 days ago - Reuters

Corning, Suniva and Heliene Announce First ‘Made in America' Solar Module Supply Chain

CORNING, N.Y. & NORCROSS, Ga. & MOUNTAIN IRON, Minn.--(BUSINESS WIRE)--Suniva, the largest and oldest U.S. manufacturer of high-efficiency monocrystalline silicon solar cells, and Heliene Inc., a lead...

27 days ago - Business Wire

Airspan Announces Agreement to Acquire Corning's Wireless Business

BOCA RATON, Fla.--(BUSINESS WIRE)-- #5G--Airspan Networks Holdings LLC ("Airspan"), a leading global provider of wireless network solutions, today announced that it has entered into a definitive agree...

5 weeks ago - Business Wire

Corning Announces Quarterly Dividend

CORNING, N.Y.--(BUSINESS WIRE)--Corning Incorporated's (NYSE: GLW) Board of Directors today declared a quarterly dividend of $0.28 per share. The dividend will be payable on March 28, 2025, to shareho...

7 weeks ago - Business Wire

Corning Q4: Accelerating Growth Supports Buy Rating

Corning's Q4 2024 results exceeded expectations in revenue and EPS, with optimistic guidance for Q1 2025, reinforcing my long-term Buy rating. The company has entered a period of accelerated revenue g...

7 weeks ago - Seeking Alpha

Nasdaq Down Over 100 Points; Corning Posts Upbeat Earnings

U.S. stocks traded mostly lower midway through trading, with the Nasdaq Composite falling more than 100 points on Wednesday.

2 months ago - Benzinga

Corning Incorporated (GLW) Q4 2024 Earnings Call Transcript

Corning Incorporated (NYSE:GLW) Q4 2024 Earnings Conference Call January 29, 2025 8:30 AM ET Company Participants Ann Nicholson - Vice President, Investor Relations Wendell Weeks - Chairman & Chief E...

2 months ago - Seeking Alpha

Corning forecasts Q1 results above estimates on robust demand for AI-related infrastructure

Corning on Wednesday forecasted first-quarter revenue and profit that beat Wall Street expectations, with the Gorilla Glass-maker expecting robust demand for its optical fiber products for artificial ...

2 months ago - Reuters

Corning Reports Strong Fourth-Quarter and Full-Year 2024 Financial Results,(1) Marking Successful First Year of ‘Springboard' Plan

CORNING, N.Y.--(BUSINESS WIRE)--Corning Incorporated (NYSE: GLW) today announced its fourth-quarter and full-year 2024 results and provided its outlook for first-quarter 2025. Wendell P. Weeks, chairm...

2 months ago - Business Wire

DeepSeek News Plunges IT Hardware Stocks, But Analyst Sees 5 Bright Spots Among Tech Giants

IT hardware stocks have dropped following the DeepSeek news.

Other symbols: AAPLHPESTXWDC
2 months ago - Benzinga

Samsung Galaxy S25 Ultra Introduces Corning® Gorilla® Armor 2, the Industry's First Anti-Reflective Glass Ceramic for Mobile Devices

CORNING, N.Y.--(BUSINESS WIRE)--Corning Incorporated (NYSE: GLW) and Samsung Electronics Co., Ltd. today announced that the Galaxy S25 Ultra will feature Corning® Gorilla® Armor 2, the industry's firs...

2 months ago - Business Wire

Dell, Corning, Coherent: JPMorgan's Top Picks For Cyclical Recovery 'Beyond AI'

As the tech sector pivots from AI-fueled growth to a broader market recovery, JPMorgan analyst Samik Chatterjee highlights a cyclical rebound powering upside for traditional IT infrastructure and indu...

Other symbols: DELL
3 months ago - Benzinga

Corning offers bundle of commitments in bid to settle EU antitrust probe

After the European Union opened a competition investigation into Corning earlier this month, citing concerns over alleged exclusive dealing, the Gorilla Glass maker has offered a raft of changes to it...

4 months ago - TechCrunch

Apple supplier Corning offers to waive exclusive deals in EU antitrust probe

The European Commission on Monday said U.S. maker of break resisting glass Corning had offered to waive all exclusive deals with mobile phone manufactures to address concerns over possible anticompeti...

Other symbols: AAPL
4 months ago - Reuters

Corning, maker of toughened Gorilla Glass for phones, faces EU antitrust probe

On Wednesday, the European Union opened an investigation of U.S. manufacturer Corning over possible anti-competitive practices. Corning may not be a name that's super familiar to the average tech cons...

5 months ago - TechCrunch

Corning's Comeback: From Forgotten Stock To AI Darling

Corning Incorporated's price has rallied over the past year, since my last bullish take on the stock. GLW recently reported robust Q3 results, and is seeing strong momentum around AI and data center-f...

5 months ago - Seeking Alpha

Corning Q3: The Period Of Growth Is Finally Here

Corning reported strong Q3 results, beating on top and bottom lines. 8% revenue growth, 20% income expansion in Q3 and a projected sales growth of 15% and income increase of 40% in Q4 mean Corning ent...

5 months ago - Seeking Alpha