Corning (GLW) Stock Price, News & Analysis

Company Overview

Corning Incorporated is a global technology company specializing in advanced glass and ceramic materials. Founded in 1851 and headquartered in Corning, New York, the company has built a reputation for innovation in material science and engineering. Corning’s diverse portfolio includes solutions for display technologies, optical communications, environmental technologies and specialty materials. Through a combination of proprietary manufacturing methods and ongoing research and development, the company serves a wide range of industries including consumer electronics, telecommunications, automotive and life sciences.

In its Display Technologies segment, Corning is known for producing high-precision glass substrates used in televisions, monitors and mobile devices. The introduction of Gorilla Glass in 2007 marked a significant milestone, providing durable cover glass for smartphones, tablets and wearable electronics. Corning’s Optical Communications division supports global data networks by supplying optical fiber, preforms and connectivity solutions that enable high-speed internet and cloud services. These products are critical for telecom carriers, data centers and enterprise networks seeking to meet increasing bandwidth demands.

Corning’s Environmental Technologies business produces ceramic substrates and catalytic converters that reduce vehicle emissions, supporting automotive manufacturers in meeting stringent regulatory standards worldwide. The Specialty Materials segment focuses on laboratory and life sciences applications, offering borosilicate glassware, pharmaceutical packaging and lab instruments. Over its long history, Corning has been at the forefront of breakthroughs such as the development of Pyrex glass in the early 20th century and pioneering low-loss optical fiber in the 1970s, reinforcing its role as an industry innovator.

Operating in more than 20 countries, Corning serves customers across North America, Europe and the Asia-Pacific region. Under the leadership of Chairman and CEO Wendell P. Weeks, the company places strong emphasis on sustainability and corporate responsibility, with ongoing investments in energy efficiency and community initiatives. Corning’s enduring commitment to science-driven growth and collaboration with technology partners positions it to address evolving market needs and drive future innovations in material science.

Key Stats

• Today's Range: $51.99 to $52.72
• 50-Day Range: $41.76 to $52.74
• 52-Week Range: $37.18 to $55.33
• Volume: 5.82 million shs
• Average Volume: 5.65 million shs
• Market Capitalization: $45.04 billion
• P/E Ratio: 101.13
• Dividend Yield: 2.13%
• Price Target: $53.75
• Consensus Rating: Moderate Buy

Corning Stock Analysis - MarketRank™

Corning scored higher than 65% of companies evaluated by MarketBeat, and ranked 308th out of 665 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: 1.4 / 5
• Analyst Rating: Moderate Buy

Consensus Rating

Corning has received a consensus rating of Moderate Buy. The company's average rating score is 2.85, and is based on 9 buy ratings, 3 hold ratings, and no sell ratings.

Amount of Analyst Coverage

Corning has only been the subject of 3 research reports in the past 90 days.

Earnings and Valuation

• Score: 1.9 / 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 100.91, which means that it is trading at a more expensive P/E ratio than the market average P/E ratio of about 24.90.

Price to Earnings Ratio vs. Sector

The P/E ratio of Corning is 100.91, which means that it is trading at a more expensive P/E ratio than the Computer and Technology sector average P/E ratio of about 35.81.

Price to Earnings Growth Ratio

Corning has a PEG Ratio of 1.40. 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 4.06. 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

1.67% 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 12.69%, indicating that investor sentiment is improving significantly.

Dividend

• Score: 1.7 / 5
• Dividend Strength: Weak

Dividend Yield

Corning pays a meaningful dividend of 2.16%, 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 215.38%. 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

1.67% 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 12.69%, indicating that investor sentiment is improving significantly.

News and Social Media

• Score: 3.3 / 5
• News Sentiment: 0.92

News Sentiment

Corning has a news sentiment score of 0.92. 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 0.81 average news sentiment score of Computer and Technology companies.

News Coverage This Week

MarketBeat has tracked 25 news articles for Corning this week, compared to 22 articles on an average week.

Search Interest

Only 13 people have searched for GLW on MarketBeat in the last 30 days. This is a decrease of -19% compared to the previous 30 days.

MarketBeat Follows

18 people have added Corning to their MarketBeat watchlist in the last 30 days. This is an increase of 50% 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 $3,632,635.00 in company stock.

Percentage Held by Insiders

Only 0.32% 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 on January 1st, 2025. Since then, GLW shares have increased by 10.5% and is now trading at $52.5220.
View the best growth stocks for 2025 here.

How were Corning's earnings last quarter?

Corning Incorporated (NYSE:GLW) issued its earnings results on Tuesday, April, 29th. The electronics maker reported $0.54 EPS for the quarter, beating analysts' consensus estimates of $0.51 by $0.03. Corning's revenue was up 12.9% on a year-over-year basis.
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?

Top institutional investors of Corning include Kera Capital Partners Inc. (0.02%) and Cullen Investment Group LTD. (0.01%). Insiders that own company stock include Wendell P Weeks, Lawrence D Mcrae, Eric S Musser, Cheryl C Capps, Cheryl C Capps, Martin J Curran, Jeffrey W Evenson, Lewis A Steverson, Soumya Seetharam, Stefan Becker, John P Bayne Jr, Michael Alan Bell, Li Fang, John Z Zhang, John P Bayne, Jr and Anne Mullins.
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

• Last Earnings: 4/29/2025
• Record date for 6/27 Dividend: 5/30/2025
• Ex-Dividend for 6/27 Dividend: 5/30/2025
• Dividend Payable: 6/27/2025
• Today: 7/01/2025
• Next Earnings (Estimated): 7/07/2025
• 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 Stock Price Target: $53.75
• High Stock Price Target: $68.00
• Low Stock Price Target: $48.00
• Potential Upside/Downside: +2.2%
• Consensus Rating: Moderate Buy
• Rating Score (0-4): 2.85
• Research Coverage: 13 Analysts

Profitability

• EPS (Most Recent Fiscal Year): $0.52
• Trailing P/E Ratio: 101.24
• Forward P/E Ratio: 22.57
• P/E Growth: 1.4
• Net Income: $506 million
• Net Margins: 3.34%
• Pretax Margin: 5.57%
• Return on Equity: 16.47%
• Return on Assets: 6.64%

Debt

• Debt-to-Equity Ratio: 0.62
• Current Ratio: 1.69
• Quick Ratio: 1.05

Sales & Book Value

• Annual Sales: $13.12 billion
• Price / Sales: 3.43
• Cash Flow: $3.61 per share
• Price / Cash Flow: 14.55
• Book Value: $12.93 per share
• Price / Book: 4.07

Miscellaneous

• Outstanding Shares: 856,470,000
• Free Float: 853,730,000
• Market Cap: $45.04 billion
• Optionable: Optionable
• Beta: 1.11