Corning (GLW) Stock Price, News & Analysis

Company Overview

Corning Incorporated is a global technology company specializing in the development and manufacture of advanced glass and ceramic materials. Founded in 1851 as the Brooklyn Flint Glass Works, Corning has evolved into a leader in materials science, serving industries ranging from consumer electronics and telecommunications to automotive and life sciences. The company is headquartered in Corning, New York, and operates research and manufacturing facilities across North America, Europe and Asia.

Corning’s product portfolio is organized into four primary business segments. The Display Technologies segment supplies high-performance glass substrates for LCD and OLED screens used in televisions, monitors and mobile devices. In the Optical Communications segment, Corning produces optical fiber, cable and connectivity solutions that form the backbone of modern broadband and data center networks. The Environmental Technologies segment designs and manufactures ceramic substrates and filters for automotive emissions control systems, while the Life Sciences segment offers laboratory glassware, plastic consumables and instrumentation under brands such as Pyrex and Axygen.

Innovation at Corning is driven by its dedicated research and development organization, which focuses on breakthroughs in areas such as damage-resistant cover glass for mobile devices, high-strength glass for next-generation displays and fiber-based solutions for 5G networks. The company’s facilities in California, North Carolina, Germany, China and elsewhere enable close collaboration with customers and rapid scaling of new technologies.

Under the leadership of Chairman and Chief Executive Officer Wendell P. Weeks, Corning continues to pursue growth opportunities through strategic partnerships, joint ventures and targeted investments in emerging markets. By leveraging its long history of materials science expertise, the company aims to address evolving global needs for connectivity, sustainability and advanced manufacturing.

Key Stats

• Today's Range: $70.06 to $71.40
• 50-Day Range: $51.58 to $71.11
• 52-Week Range: $37.31 to $71.40
• Volume: 9.07 million shs
• Average Volume: 5.29 million shs
• Market Capitalization: $60.91 billion
• P/E Ratio: 75.65
• Dividend Yield: 1.58%
• Price Target: $66.75
• Consensus Rating: Moderate Buy

Corning Stock Analysis - MarketRank™

Corning scored higher than 83% of companies evaluated by MarketBeat, and ranked 129th out of 651 stocks in the computer and technology sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 2.5 / 5
• Analyst Rating: Moderate Buy

Consensus Rating

Corning has received a consensus rating of Moderate Buy. The company's average rating score is 2.93, and is based on 11 buy ratings, 2 hold ratings, and no sell ratings.

Downside Risk

Corning has a consensus price target of $66.75, representing about 6.1% downside from its current price of $71.11.

Amount of Analyst Coverage

Corning has been the subject of 10 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

Earnings and Valuation

• Score: 3.1 / 5
• Proj. Earnings Growth: 17.17%

Earnings Growth

Earnings for Corning are expected to grow by 17.17% in the coming year, from $2.33 to $2.73 per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of Corning is 75.65, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 277.58.

Price to Earnings Ratio vs. Sector

The P/E ratio of Corning is 75.65, which means that it is trading at a less expensive P/E ratio than the Computer and Technology sector average P/E ratio of about 439.01.

Price to Earnings Growth Ratio

Corning has a PEG Ratio of 1.56. 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 5.50. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

Short Interest

• Score: 5.0 / 5
• Short Interest Level: Healthy

Percentage of Shares Shorted

1.45% 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 2.3, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in Corning has recently decreased by 5.43%, indicating that investor sentiment is improving significantly.

Dividend

• Score: 1.7 / 5
• Dividend Strength: Weak

Dividend Yield

Corning pays a meaningful dividend of 1.61%, higher than 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 119.15%. Payout ratios above 75% are not desirable because they may not be sustainable.

Dividend Sustainability

Based on earnings estimates, Corning will have a dividend payout ratio of 41.03% next year. This indicates that Corning will be able to sustain or increase its dividend.

Sustainability and ESG

• Score: N/A
• Environmental Score: N/A

Percentage of Shares Shorted

1.45% 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 2.3, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in Corning has recently decreased by 5.43%, indicating that investor sentiment is improving significantly.

News and Social Media

• Score: 3.5 / 5
• News Sentiment: 1.31

News Sentiment

Corning has a news sentiment score of 1.31. 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 0.71 average news sentiment score of Computer and Technology companies.

News Coverage This Week

MarketBeat has tracked 38 news articles for Corning this week, compared to 30 articles on an average week.

Search Interest

Only 40 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

36 people have added Corning to their MarketBeat watchlist in the last 30 days. This is an increase of 89% compared to the previous 30 days.

Company Ownership

• Score: 2.5 / 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 $10,449,192.00 in company stock.

Percentage Held by Insiders

Only 0.40% 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.

GLW Stock Analysis - Frequently Asked Questions

How have GLW shares performed this year?

Corning's stock was trading at $47.52 at the start of the year. Since then, GLW shares have increased by 49.6% and is now trading at $71.1070.

How were Corning's earnings last quarter?

Corning Incorporated (NYSE:GLW) issued its earnings results on Tuesday, July, 29th. The electronics maker reported $0.60 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.57 by $0.03. The electronics maker had revenue of $3.86 billion for the quarter, compared to the consensus estimate of $3.84 billion. Corning had a net margin of 5.77% and a trailing twelve-month return on equity of 17.27%.
Read the conference call transcript.

Does Corning have any subsidiaries?

Corning subsidiaries include these companies: 3M Communication - Markets Division, SpiderCloud Wireless, STRAN Technologies, Alliance Fiber Optic Products Inc., Gerresheimer AG, iBwave Solutions Inc., Discovery Labware Inc., and others.

Who are Corning's major shareholders?

Corning's top institutional investors include Vanguard Group Inc. (11.43%), State Street Corp (4.27%), Geode Capital Management LLC (2.27%) and Ameriprise Financial Inc. (1.61%). Insiders that own company stock include Wendell P Weeks, Lawrence D Mcrae, Eric S Musser, Cheryl C Capps, Cheryl C Capps, Edward A Schlesinger, Martin J Curran, Avery H Nelson III, Jeffrey W Evenson, Lewis A Steverson, Michael Paul O'day, Soumya Seetharam, Stefan Becker, John P Bayne Jr, Li Fang, Michael Alan Bell, Anne Mullins, John P Bayne, Jr and John Z Zhang.
View institutional ownership trends.

How do I buy shares of Corning?

Shares of GLW stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.

What other stocks do shareholders of Corning own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Corning investors own include Cuisine Solutions (CUSI), InnerScope Hearing Technologies (INND), Johnson & Johnson (JNJ), Gilead Sciences (GILD), UnitedHealth Group (UNH), NextEra Energy (NEE) and American Tower (AMT).

Company Calendar

• Record date for 6/27 Dividend: 5/30/2025
• Ex-Dividend for 6/27 Dividend: 5/30/2025
• Dividend Payable: 6/27/2025
• Last Earnings: 7/29/2025
• Record date for 9/29 Dividend: 8/29/2025
• Ex-Dividend for 9/29 Dividend: 8/29/2025
• Today: 9/05/2025
• Dividend Payable: 9/29/2025
• Next Earnings (Estimated): 11/04/2025
• Fiscal Year End: 12/31/2025

Industry, Sector and Symbol

• Stock Exchange: NYSE
• Sector: Computer and Technology
• Industry: Communications Components
• Sub-Industry: Electronic Components
• Current Symbol: NYSE:GLW
• CIK: 24741
• Web: www.corning.com
• Phone: (607) 974-9000
• Fax: 607-974-2063
• Employees: 56,300
• Year Founded: 1851

Price Target and Rating

• Average Price Target for Corning: $66.75
• High Price Target: $84.00
• Low Price Target: $54.00
• Potential Upside/Downside: -6.1%
• Consensus Rating: Moderate Buy
• Rating Score (0-4): 2.93
• Research Coverage: 14 Analysts

Profitability

• EPS (Trailing Twelve Months): $0.94
• Trailing P/E Ratio: 30.99
• Forward P/E Ratio: 30.52
• P/E Growth: 1.56
• Net Income: $506 million
• Net Margins: 5.77%
• Pretax Margin: 8.23%
• Return on Equity: 17.27%
• Return on Assets: 6.96%

Debt

• Debt-to-Equity Ratio: 0.58
• Current Ratio: 1.50
• Quick Ratio: 0.93

Sales & Book Value

• Annual Sales: $13.12 billion
• Price / Sales: 4.64
• Cash Flow: $3.63 per share
• Price / Cash Flow: 19.58
• Book Value: $12.93 per share
• Price / Book: 5.50

Miscellaneous

• Outstanding Shares: 856,620,000
• Free Float: 853,193,000
• Market Cap: $60.91 billion
• Optionable: Optionable
• Beta: 1.09