TopFunds

Corning Inc.

NYSE: GLW

Stock price

154.58 USD

(+Infinity%) NaN day

Electronic ComponentsHardwareEquipment & Parts

Financial Performance

Share

5Y price score: 398

Help

The price score is a basic measure of the stock's performance against the S&P 500 Index over a five-year period.

A score of 100 indicates that the stock did as well as the S&P 500 Index.

A score below 100 means the stock underperformed the index, while a score above 100 means it outperformed the S&P 500.

10Y return: 666%

DATE RANGE:

US$ Per
Share

    Time scale:

    By default your notes are visible only to you.

    53.2

    52-week range

    271.7

    154.58

    Your model inputs

    Required return / cost of capital
    %
    FCFF terminal growth rate
    %

    Your fair value & Margin of safety

    To calculate fair value based on cost of capital and terminal growth assumptions above, please select free cash flow forecast.

    Forecast:

    Valuation

    Free Cash Flow Yield

    Help
    FCF Yield TTM = Trailing Twelve Months free cash flow per share / current market price per shareLearn more

    1.1 %

    Dividend Yield TTM

    0.7 %

    Market cap $

    $ 133,037

    Price / Earnings TTM

    Help
    P/E TTM = current market price per share / Trailing Twelve Months diluted earnings per shareLearn more

    73.6

    Price / Book TTM

    11.3

    PEG TTM

    Help
    Price/Earnings-to-Growth ratio = P/E TTM divided by most recent annual diluted earnings per share growth rateLearn more

    0.3

    Earnings growth and return

    LTM

    5YR

    10YR

    Total return (price & dividends)

    187.3 %

    301.8 %

    666 %

    Free cash flow per share growth

    46.6 %

    58 %

    41.5 %

    Earnings per share growth

    219 %

    242.6 %

    85 %

    Founded: 1,851

    Employees: 56,300

    Business Summary:Corning Incorporated is a global enterprise operating across five key business areas: display technologies, optical communications, environmental solutions, specialty materials, and life sciences. Its Display Technologies division manufactures glass substrates essential for liquid crystal displays and organic light-emitting diode screens, which are integrated into consumer electronics such as televisions, laptops, desktop monitors, tablets, and handheld devices. The Optical Communications segment provides a comprehensive range of products, including optical fibers and cables, alongside various hardware and equipment like cable assemblies, fiber optic connectors, optical components, couplers, network closures, interface devices, and other accessories. This segment serves commercial enterprises, government bodies, and individual consumers alike. The Specialty Materials division develops and produces a diverse portfolio of items, including material formulations for glass, glass ceramics, and crystals. It also offers precision measurement instruments, software, ultra-thin and ultra-flat glass wafers and substrates, tinted eyewear, and products for radiation protection. This division caters to sectors such as mobile consumer electronics, optics and consumables for semiconductor manufacturing, aerospace and defense optics, radiation shielding applications, sunglass production, and telecommunications components. Corning's Environmental Technologies segment is responsible for ceramic substrates and filtration systems, crucial for controlling emissions in mobile, gasoline, and diesel engine applications. Within the Life Sciences segment, the company supplies a variety of laboratory products. These include consumables like plastic vessels, liquid handling plastics, specialized surfaces, cell culture media, and serums, as well as general labware and equipment, all marketed under prominent brands such as Corning, Falcon, Pyrex, and Axygen. Originally founded in 1851 as Corning Glass Works, the company adopted its current name, Corning Incorporated, in April 1989. Its corporate headquarters are situated in Corning, New York.

    Fair Value Reference Estimate

    Latest Earnings Call Takeaways

    2026 Q1 (Apr 28, 2026)

    1) Strong Financial Performance
    - Year-over-year sales increased by 18% to $4.35 billion.
    - EPS grew 30% to $0.70.
    - Operating margin expanded by 220 basis points to 20.2%.
    - Gross margin improved by 120 basis points to 39.1%.
    - ROIC increased by 190 basis points to 13.5%.
    - Free cash flow for the quarter was $188 million.

    2) Segment Highlights and Strategic Growth
    - Optical Communications: Sales rose 36% year-over-year to $1.8 billion, driven by demand for Gen AI products and new long-term agreements with Meta and two other hyperscale customers.
    - Solar: Sales surged 80% year-over-year to $370 million. The company aims for a $2.5 billion revenue stream by 2028, with profitability above corporate averages.
    - Glass Innovations: Sales were $1.4 billion, up 1% year-over-year, with net income margin at 22.8%.
    - Automotive: Sales decreased by 1% year-over-year to $437 million, with net income slightly up 3%.

    3) Operational Challenges in Solar
    - The solar wafer facility is experiencing delays and will undergo an extended maintenance shutdown, impacting production and expected expenses by $30 million in Q2.
    - The ramp-up of the solar business is behind schedule, affecting profitability and sales in the short term.

    4) Future Guidance and Strategic Outlook
    - For Q2, sales are expected to grow 14% year-over-year to approximately $4.6 billion, with EPS projected to be between $0.73 and $0.77.
    - The company plans to upgrade its Springboard plan at the upcoming investor event, with a focus on extending growth targets through 2030.
    - The management emphasizes a strong commitment to organic growth and maintaining a robust balance sheet while returning excess cash to shareholders through dividends and share buybacks.

    5) Missing Information
    - The call did not provide specific details on the new margin targets or the exact timing for the solar facility's ramp-up completion.

    Bottom line: Corning's Q1 2026 results reflect robust growth across key segments, particularly in Optical Communications and Solar, despite operational challenges in the latter. The company is poised for continued expansion and profitability, supported by strategic partnerships and a strong financial profile, making it an attractive prospect for investors.

    Annual Reports, Presentations And IR Contacts

    Go to the website
    Annual report links (10K)
    2025202420232022202120202019201820172016

    Corning Inc. — Financial Overview, Stock Price, Market Cap

    Corning Inc. is a company. Founded in 1851. As of July 20, 2026, the company's market capitalization is $133037422040 with a current stock price of $154.58.