Corning Incorporated (GLW)
Market Cap | 40.12B |
Revenue (ttm) | 13.60B |
Net Income (ttm) | 454.00M |
Shares Out | 856.47M |
EPS (ttm) | 0.52 |
PE Ratio | 90.05 |
Forward PE | 19.38 |
Dividend | $1.12 (2.39%) |
Ex-Dividend Date | May 30, 2025 |
Volume | 2,220,475 |
Open | 46.97 |
Previous Close | 45.08 |
Day's Range | 46.34 - 47.32 |
52-Week Range | 33.94 - 55.33 |
Beta | 1.08 |
Analysts | Buy |
Price Target | 52.69 (+12.49%) |
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]
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 StatementsAnalyst Forecast
According to 13 analysts, the average rating for GLW stock is "Buy." The 12-month stock price forecast is $52.69, which is an increase of 12.49% from the latest price.
News

Samsung Galaxy S25 Edge Features New Corning® Gorilla® Glass Ceramic 2 for Enhanced Durability
CORNING, N.Y.--(BUSINESS WIRE)--Corning Incorporated (NYSE: GLW) and Samsung Electronics Co., Ltd. today announced that the upcoming Galaxy S25 Edge will feature Corning® Gorilla® Glass Ceramic 21, a ...

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 June 27, 2025, to sharehol...

Corning President and Chief Operating Officer Eric Musser to Retire; Company Announces Strategic Senior Leadership Promotions
CORNING, N.Y.--(BUSINESS WIRE)--Corning Incorporated (NYSE: GLW) today announced that Eric S. Musser, president and chief operating officer, will retire later this year after 39 years of exceptional s...

Top Stock Movers Now: Honeywell, Sherwin-Williams, Regeneron, and More
U.S. equities were higher at midday as markets waited for further clarification from the Trump administration about possible changes in tariff policy. The Dow Jones Industrial Average rose 0.6%, and t...

Corning Incorporated (GLW) Q1 2025 Earnings Call Transcript
Corning Incorporated (NYSE:GLW) Q1 2025 Earnings Conference Call April 29, 2025 8:30 AM ET Company Participants Ann Nicholson - VP, IR Wendell Weeks - Chairman & CEO Ed Schlesinger - EVP & CFO Confer...

Corning sees second-quarter core sales above estimates as AI boom aids demand
Corning forecast second-quarter core sales above Wall Street expectations on Tuesday, aided by strong demand for its optical connectivity products used in AI-related infrastructure.

Corning Announces Strong First-Quarter 2025 Financial Results(1) and Reiterates Confidence in Springboard Plan
CORNING, N.Y.--(BUSINESS WIRE)--Corning Incorporated (NYSE: GLW) today announced its first-quarter 2025 results and provided its outlook for second-quarter 2025. Wendell P. Weeks, chairman and chief e...

AI Is Here, And It Needs Corning
Corning is positioned to benefit from AI infrastructure growth, particularly in optical connectivity, driving demand for fiber connections in data centers. The Springboard plan targets $4B in sales an...

Telecom Leaders Unite to Champion Next Generation Technologies So Rural Communities Can Thrive
Legacy copper networks are no longer the most viable means to deliver the high-speed connectivity that families and communities need to compete, thrive and grow in today's world CHARLOTTE, N.C. , Apri...

Corning: A Materials Giant Playing The Long Game
Corning's diversified business model spans optical communications, display technologies, specialty materials, environmental technologies, and life sciences, driving balanced growth and strong financia...

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...

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...

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...

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...

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...

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...
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...

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...

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 ...

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...

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...

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...

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.

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...

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 ...