Corning (GLW) Stock Price, News & Analysis

Company Overview

Corning Incorporated is a materials science and technology company with roots dating to 1851, when it was established as Corning Glass Works. The company develops and manufactures specialty glass, ceramics and optical materials for customers in a range of industries.

Its products include optical fiber, cable and connectivity solutions for communications networks; glass substrates used in display technologies; and specialty glass such as Gorilla Glass for consumer electronics. Corning also makes ceramic substrates and filters for emissions-control systems, as well as glassware and other products for life sciences and laboratory use.

Headquartered in Corning, New York, the company serves customers worldwide through operations and sales across multiple geographies. Its businesses combine materials research, manufacturing and product development to supply components used in communications, electronics, automotive, environmental and life sciences applications.

Key Stats

• Today's Range: $110.56 to $119.17
• 50-Day Range: $103.20 to $169.07
• 52-Week Range: $77.39 to $271.78
• Volume: 4.41 million shs
• Average Volume: 11.83 million shs
• Market Capitalization: $98.03 billion
• P/E Ratio: 46.21
• Dividend Yield: 0.98%
• Price Target: $172.18
• Consensus Rating: Moderate Buy

Corning Stock Analysis - MarketRank™

Corning scored higher than 93% of companies evaluated by MarketBeat, and ranked 72nd out of 592 stocks in the technology sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 4.4 / 5
• Analyst Rating: Moderate Buy

Consensus Rating

Corning has received a consensus rating of Moderate Buy. The company's average rating score is 2.81, and is based on 1 strong buy rating, 15 buy ratings, 5 hold ratings, and no sell ratings.

Upside Potential

Corning has a consensus price target of $172.18, representing about 52.7% upside from its current price of $112.77.

Amount of Analyst Coverage

Corning has been the subject of 14 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

Earnings and Valuation

• Score: 1.9 / 5
• Proj. Earnings Growth: 33.14%

Earnings Growth

Earnings for Corning are expected to grow by 33.14% in the coming year, from $3.38 to $4.50 per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of Corning is 45.56, which means that it is trading at a more expensive P/E ratio than the market average P/E ratio of about 26.39.

Price to Earnings Ratio vs. Sector

The P/E ratio of Corning is 45.56, which means that it is trading at a more expensive P/E ratio than the Technology sector average P/E ratio of about 44.57.

Price to Earnings Growth Ratio

Corning has a PEG Ratio of 1.48. PEG Ratios above 1 indicate that a company could be overvalued.

Price to Book Value per Share Ratio

Corning has a P/B Ratio of 6.80. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

Short Interest

• Score: 3.0 / 5
• Short Interest Level: Healthy

Percentage of Shares Shorted

1.93% of the float of Corning has been sold short.

Short Interest Ratio / Days to Cover

Corning has a short interest ratio ("days to cover") of 1.59, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in Corning has recently increased by 3.52%, indicating that investor sentiment is decreasing.

Dividend

• Score: 1.7 / 5
• Dividend Strength: Weak

Dividend Yield

Corning has a dividend yield of 0.93%, which is in the bottom 25% of all stocks that pay dividends.

Dividend Growth

Corning does not have a long track record of dividend growth.

Dividend Coverage

The dividend payout ratio of Corning is 45.34%. This payout ratio is at a healthy, sustainable level, below 75%.

Dividend Sustainability

Based on earnings estimates, Corning will have a dividend payout ratio of 24.89% next year. This indicates that Corning will be able to sustain or increase its dividend.

News and Social Media

• Score: 3.6 / 5
• News Sentiment: 0.74

News Sentiment

Corning has a news sentiment score of 0.74. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.63 average news sentiment score of Technology companies.

News Coverage This Week

MarketBeat has tracked 24 news articles for Corning this week, compared to 8 articles on an average week.

Search Interest

Only 137 people have searched for GLW on MarketBeat in the last 30 days. This is a decrease of -2% compared to the previous 30 days.

MarketBeat Follows

75 people have added Corning to their MarketBeat watchlist in the last 30 days. This is an increase of 32% compared to the previous 30 days.

Company Ownership

• Score: 1.4 / 5
• Insider Trading: Selling Shares

Insider Buying vs. Insider Selling

In the past three months, Corning insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $1,981,899.00 in company stock.

Percentage Held by Insiders

0.25% of the stock of Corning is held by insiders.

Percentage Held by Institutions

69.80% of the stock of Corning is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

Company Calendar

• Record date for 9/29 Dividend: 8/31/2026
• Ex-Dividend for 9/29 Dividend: 8/31/2026
• Dividend Payable: 9/29/2026
• Last Earnings: 10/27/2026
• Today: 11/13/2026
• Record date for 12/11 Dividend: 11/13/2026
• Ex-Dividend for 12/11 Dividend: 11/13/2026
• Dividend Payable: 12/11/2026
• Fiscal Year End: 12/31/2026
• Next Earnings (Estimated): 1/27/2027

Industry, Sector and Symbol

• Stock Exchange: NYSE
• Sector: Technology
• Industry: Electronic Equipment, Instruments & Components
• Sub-Industry: Electronic Components
• Current Symbol: NYSE:GLW
• CIK: 24741
• Web: www.corning.com
• Phone: (607) 974-9000
• Fax: 607-974-2063
• Employees: 67,200
• Year Founded: 1851

Price Target and Rating

• Average Price Target for Corning: $172.18
• High Price Target: $238.00
• Low Price Target: $120.00
• Potential Upside/Downside: +51.4%
• Consensus Rating: Moderate Buy
• Rating Score (0-4): 2.81
• Research Coverage: 21 Analysts

Profitability

• EPS (Trailing Twelve Months): $2.47
• Trailing P/E Ratio: 46.10
• Forward P/E Ratio: 25.28
• P/E Growth: 1.48
• Net Income: $1.60 billion
• Net Margins: 12.13%
• Pretax Margin: 15.94%
• Return on Equity: 20.83%
• Return on Assets: 8.39%

Debt

• Debt-to-Equity Ratio: 0.51
• Current Ratio: 1.72
• Quick Ratio: 1.17

Sales & Book Value

• Annual Sales: $15.63 billion
• Price / Sales: 6.27
• Cash Flow: $3.90 per share
• Price / Cash Flow: 29.15
• Book Value: $16.59 per share
• Price / Book: 6.86

Miscellaneous

• Outstanding Shares: 861,400,000
• Free Float: 859,247,000
• Market Cap: $97.98 billion
• Optionable: Optionable
• Beta: 1.23