Corning Incorporated (GLW)
$
45.78
-0.08 (-0.17%)
Key metrics
Financial statements
Technology
Technology – consumer electronics
Largecap
With a market cap of 121,78 bil stock is ranked 1
Low risk
ISS score of this stock is ranked 1
Company description
Profile
Corning Incorporated operates across various sectors, including display technologies, optical communications, environmental technologies, specialty materials, and life sciences. The Display Technologies segment provides glass substrates essential for liquid crystal displays and organic light-emitting diodes, used in televisions, laptops, desktop monitors, tablets, and portable devices. Additionally, the Optical Communications segment manufactures optical fibers and cables along with an array of products such as cable assemblies, fiber optic hardware, connectors, optical components, couplers, closures, and network interface devices, catering to businesses, governmental organizations, and individual consumers. In the Specialty Materials segment, the company produces materials designed for glass, glass ceramics, crystalline structures, precision metrology equipment, and ultra-thin glass wafers, appealing to industries like mobile consumer electronics, semiconductor optics, aerospace, and telecommunications. Furthermore, the Environmental Technologies segment focuses on emissions control through ceramic substrates and filters, specifically for mobile, gasoline, and diesel applications. The Life Sciences segment contributes laboratory products, including consumables such as plastic vessels, cell culture media, and general labware under recognized brands like Corning, Falcon, Pyrex, and Axygen. Notably, the EBITDA ratio is 0.19 highlighting the company's operational efficiency. The company reported depreciation and amortization expenses of $1,350,000,000.00 reflecting the wear and tear of its assets while recording an operating income of $1,135,000,000.00 which showcases its earnings from core operations. Moreover, the EBITDA is $2,492,000,000.00 a key indicator of the company's operational profitability, and the diluted EPS is $0.58 accounting for potential share dilution. With a mid-range market capitalization of $39,213,499,920.00 the company is a steady performer in the Hardware, Equipment & Parts industry, which enhances its reputation as a key player contributing significantly to the overall market landscape. The stock is affordable at $44.44 making it suitable for budget-conscious investors. The stock also has a high average trading volume of 6,040,760.00 indicating strong liquidity, which assures investors of a reliable trading environment. In addition, it belongs to the Technology sector, driving innovation and growth within the industry and maintaining a healthy position in both the marketplace and with potential shareholders.
Investing in Corning Incorporated (GLW) depends on multiple factors, including revenue growth, profit margins, debt-to-equity ratio, earnings per share, and return on equity. Analysts have rated it as C+, with a Bearish outlook. Always conduct your own research before investing.
Analysts predict Corning Incorporated stock to fluctuate between $30.72 (low) and $55.33 (high) in the next 365 days, reflecting market expectations and potential volatility.
As of 2025-04-02, Corning Incorporated's market cap is $39,213,499,920, based on 856,564,000 outstanding shares.
Compared to Apple Inc., Corning Incorporated has a Lower Market-Cap, indicating a difference in performance.
Corning Incorporated pays dividends. The current dividend yield is 2.23%, with a payout of $0.28 per share.
To buy Corning Incorporated (GLW) stock: Open a brokerage account (e.g., Robinhood, TD Ameritrade, E-Trade). Search for GLW. Place an order (Market, Limit, etc.).
The best time to invest depends on market trends and technical indicators, which show a Bearish trend based on economic conditions and company performance.
Corning Incorporated's last stock split was 3:1 on 2000-10-04.
Revenue: $13,118,000,000 | EPS: $0.58 | Growth: -15.94%.
Visit https://www.corning.com/investor-relations for detailed financial reports.
You can explore historical data from here
All-time high: $55.33 (2025-01-29) | All-time low: $25.26 (2023-10-24).
Key trends include market demand, economic conditions, interest rates, and industry competition, which influence the stock's performance.
News
zacks.com
Corning (GLW) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.
businesswire.com
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 acquisition of Corning Incorporated's (NYSE:GLW) wireless business. With the acquisition now finalized, Airspan assumes full ownership and operational control of Corning's wireless assets, including its 6000 and 6200 distributed antenna systems (DAS) and its SpiderCloud 4G and 5G small cell radio access network (R.
zacks.com
Corning's advanced GlassWorks AI solution is set to support growing fiber densification requirements in data centers and generative AI use cases.
zacks.com
GLW's Corning Gorilla Glass Ceramic has added a new dimension to the toughness quotient of mobile devices.
zacks.com
GLW upgrades its guidance backed by robust demand for its optical connectivity products, the launch of solar energy solutions and a price hike in display technologies.
seekingalpha.com
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 Executive Officer Mike O'Day - SVP & GM, Optical Communication Dr. Claudio Mazzali - Vice President, Global Research Hal Nelson - SVP & GM, Automotive, Life Sciences & Solar Ed Schlesinger - Executive Vice President & Chief Financial Officer Conference Call Participants Steven Fox - Fox Advisors Tim Long - Barclays Samik Chatterjee - JPMorgan Asiya Merchant - Citi Josh Spector - UBS Matt Niknam - Deutsche Bank Peter O'Keefe - O'Keefe Stevens Advisory Woo Jin Ho - Bloomberg Intelligence Ann Nicholson Good morning, everybody. It's my pleasure to welcome you to Corning's Investor Event right here at the Stock Exchange.
zacks.com
With a reorganized operating structure, Corning is benefiting from improved demand and commercialization of its innovations.
seekingalpha.com
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 fundamentals and future potential. Strategic partnerships with Lumen Technologies and AT&T bolster Corning's position in expanding fiber infrastructure, enhancing its growth trajectory.
reuters.com
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 on Thursday.
businesswire.com
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 leading U.S. solar PV module manufacturer, today announced a landmark deal with Corning Incorporated (NYSE: GLW) to provide the U.S. domestic market with the only solar module made with polysilicon, wafers and cells manufactured in the United States. Corning is supplying the wafers and, as the majority.
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