Corning Incorporated (GLW)

NYSE: GLW · Real-Time Price · USD
46.84
+1.76 (3.90%)
May 12, 2025, 2:21 PM - Market open
3.90%
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]

Sector Technology
Founded 1851
Employees 56,300
Stock Exchange NYSE
Ticker Symbol GLW
Full Company Profile

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 Statements

Analyst 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.

Price Target
$52.69
(12.49% upside)
Analyst Consensus: Buy
Stock Forecasts

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 ...

3 days ago - Business Wire

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...

11 days ago - Business Wire

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...

11 days ago - Business Wire

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...

Other symbols: HONNXPIREGNSHW
13 days ago - Investopedia

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...

13 days ago - Seeking Alpha

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.

13 days ago - Reuters

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...

13 days ago - Business Wire

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...

16 days ago - Seeking Alpha

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...

Other symbols: CALX
19 days ago - PRNewsWire

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...

4 weeks ago - Seeking Alpha

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...

5 weeks ago - Business Wire

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...

6 weeks ago - Business Wire

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...

6 weeks ago - Business Wire

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...

7 weeks ago - Seeking Alpha

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...

7 weeks ago - WSJ

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...

7 weeks ago - Business Wire

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...

7 weeks ago - CNBC Television

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...

2 months ago - Seeking Alpha

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 ...

2 months ago - Reuters

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...

2 months ago - Business Wire

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...

2 months ago - Business Wire

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...

3 months ago - Seeking Alpha

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.

3 months ago - Benzinga

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...

3 months ago - Seeking Alpha

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 ...

3 months ago - Reuters