Corning (GLW) Stock Price, News & Analysis

Company Overview

Corning Incorporated is a global manufacturer specializing in specialty glass, ceramics and related materials and technologies. Headquartered in Corning, New York, the company supplies engineered materials and components used across multiple industries, including consumer electronics, telecommunications, automotive emissions control, pharmaceutical and life sciences, and industrial and scientific applications. Corning emphasizes materials science and precision manufacturing to develop durable, high-performance glass and ceramic products.

Key product lines include specialty display glass used by television and mobile-device manufacturers, cover glass marketed under well-known trade names for smartphones and tablets, and optical fiber and cable and related hardware for telecommunications networks. Corning also produces ceramic substrates and other components used in vehicle emissions control and industrial applications, along with glassware and laboratory products for research and biopharma customers. The company complements manufacturing with advanced research and development in materials science to drive product improvements and new applications.

Corning operates globally, supplying customers and partners in North America, Europe, Asia and other regions. Its technologies serve a broad customer base ranging from network operators and data center builders to consumer electronics firms, automakers and life-science laboratories. The company’s long-standing focus on innovation and scale enables it to participate in major technology supply chains and evolving markets such as 5G infrastructure, advanced displays and biopharmaceutical manufacturing.

Leadership and corporate strategy emphasize applied research, manufacturing excellence and partnerships with device makers, network providers and scientific organizations. Wendell P. Weeks has served as a prominent leader of the company in recent years, guiding its strategic focus on core materials technologies and global operations. Corning’s profile is that of a materials-science company that combines proprietary glass and ceramic technologies with large-scale production capabilities to address technology-driven end markets.

Key Stats

• Today's Range: $195.70 to $208.57
• 50-Day Range: $128.38 to $208.07
• 52-Week Range: $49.47 to $211.79
• Volume: 12.09 million shs
• Average Volume: 15.26 million shs
• Market Capitalization: $173.33 billion
• P/E Ratio: 96.36
• Dividend Yield: 0.56%
• Price Target: $177.92
• Consensus Rating: Moderate Buy

Corning Stock Analysis - MarketRank™

Corning scored higher than 77% of companies evaluated by MarketBeat, and ranked 205th out of 630 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: 2.3 / 5
• Analyst Rating: Moderate Buy

Consensus Rating

Corning has received a consensus rating of Moderate Buy. The company's average rating score is 2.63, and is based on no strong buy ratings, 10 buy ratings, 6 hold ratings, and no sell ratings.

Downside Risk

Corning has a consensus price target of $177.92, representing about 11.7% downside from its current price of $201.40.

Amount of Analyst Coverage

Corning has been the subject of 12 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

Earnings and Valuation

• Score: 2.5 / 5
• Proj. Earnings Growth: 31.03%

Earnings Growth

Earnings for Corning are expected to grow by 31.03% in the coming year, from $3.19 to $4.18 per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of Corning is 96.36, which means that it is trading at a more expensive P/E ratio than the market average P/E ratio of about 44.52.

Price to Earnings Ratio vs. Sector

The P/E ratio of Corning is 96.36, 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 173.01.

Price to Earnings Growth Ratio

Corning has a PEG Ratio of 2.87. 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 14.03. 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

2.48% 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 1.22, 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 40.17%, indicating that investor sentiment is decreasing significantly.

Dividend

• Score: 1.7 / 5
• Dividend Strength: Weak

Dividend Yield

Corning has a dividend yield of 0.56%, 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 53.59%. 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 26.79% next year. This indicates that Corning will be able to sustain or increase its dividend.

News and Social Media

• Score: 4.5 / 5
• News Sentiment: 1.21

News Sentiment

Corning has a news sentiment score of 1.21. 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 0.72 average news sentiment score of Computer and Technology companies.

News Coverage This Week

MarketBeat has tracked 32 news articles for Corning this week, compared to 11 articles on an average week.

Search Interest

251 people have searched for GLW on MarketBeat in the last 30 days. This is an increase of 55% compared to the previous 30 days.

MarketBeat Follows

133 people have added Corning to their MarketBeat watchlist in the last 30 days. This is an increase of 329% 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 $12,046,560.00 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 3/30 Dividend: 2/27/2026
• Ex-Dividend for 3/30 Dividend: 2/27/2026
• Dividend Payable: 3/30/2026
• Last Earnings: 4/28/2026
• Record date for 6/29 Dividend: 5/29/2026
• Ex-Dividend for 6/29 Dividend: 5/29/2026
• Today: 6/04/2026
• Dividend Payable: 6/29/2026
• Next Earnings (Estimated): 8/04/2026
• Fiscal Year End: 12/31/2026

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: 67,200
• Year Founded: 1851

Price Target and Rating

• Average Price Target for Corning: $177.92
• High Price Target: $225.00
• Low Price Target: $110.00
• Potential Upside/Downside: -11.7%
• Consensus Rating: Moderate Buy
• Rating Score (0-4): 2.63
• Research Coverage: 16 Analysts

Profitability

• EPS (Trailing Twelve Months): $2.09
• Trailing P/E Ratio: 96.36
• Forward P/E Ratio: 63.13
• P/E Growth: 2.87
• Net Income: $1.60 billion
• Net Margins: 11.09%
• Pretax Margin: 14.34%
• Return on Equity: 19.45%
• Return on Assets: 7.76%

Debt

• Debt-to-Equity Ratio: 0.62
• Current Ratio: 1.61
• Quick Ratio: 1.06

Sales & Book Value

• Annual Sales: $15.63 billion
• Price / Sales: 11.09
• Cash Flow: $4.15 per share
• Price / Cash Flow: 48.49
• Book Value: $14.35 per share
• Price / Book: 14.03

Miscellaneous

• Outstanding Shares: 860,640,000
• Free Float: 858,486,000
• Market Cap: $173.33 billion
• Optionable: Optionable
• Beta: 1.15