GLWCorning exhibits strong fundamental performance with a solid market position and consistent profitability. While recent price action shows some short-term weakness, the long-term outlook remains positive due to its diversified business segments and dividend payouts. Thematic tailwinds are present but not as pronounced as in some tech-centric sectors.
Corning operates in diverse sectors, including optical communications, display technologies, and life sciences, benefiting from several megatrends. However, its exposure to some cyclical industries, like automotive and consumer electronics, can temper overall thematic strength.
Corning demonstrates robust financial health, characterized by strong revenue generation, consistent profitability, and a healthy balance sheet. Its valuation, while not cheap, appears reasonable given its market position and growth prospects.
The stock is trading below its recent highs and exhibits mixed signals across different timeframes. While long-term trends are generally positive, short-term oscillators suggest a period of consolidation or potential downside risk.
| Factor | Score |
|---|---|
| Digital Transformation & Connectivity | 85 |
| Advancements in Display Technology | 70 |
| Growth in Life Sciences | 75 |
| Automotive & Environmental Solutions | 55 |
| Emerging Technologies (e.g., 5G, IoT) | 60 |
| Factor | Score |
|---|---|
| Valuation | 40 |
| Profitability | 70 |
| Growth | 75 |
| Balance Sheet Health | 80 |
| Cash Flow | 85 |
| Dividend | 75 |
| Factor | Score |
|---|---|
| Trend Analysis | 50 |
| Momentum | 45 |
| Volume Confirmation | 60 |
| Support & Resistance | 75 |
| Pivots | 55 |
Consistent EPS Surprises
Corning has exceeded EPS estimates in the last 8 reported quarters, indicating a history of strong operational execution and reliable earnings generation.
Undervalued Relative to Earnings (P/E)
The P/E TTM ratio of 107.15, while seemingly high, should be considered in the context of its recent and projected earnings growth. The P/E for 2024 is 79.5 and for 2023 was 82.1, indicating a potential downward trend in valuation multiples as earnings are projected to stabilize or grow.
High Trailing P/E Ratio
The trailing P/E ratio of 107.15 is significantly high, suggesting that investors are paying a premium for its earnings, which could lead to volatility if future earnings do not meet expectations.
Declining Net Margins
Net profit margins have decreased from 13.5% in 2021 to 3.9% in 2024, indicating potential pressure on profitability from increasing costs or competitive pricing.
July 2025
29
Next Earnings Date
H: $0.59
A: $0.57
L: $0.56
H: 3.88B
A: 3.84B
L: 3.69B
August 2025
29
Ex-Dividend Date
September 2025
29
Next Dividend Date
Corning Incorporated operates in optical communications, display technologies, environmental technologies, specialty materials, and life sciences businesses. The company 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 individuals. It also offers glass substrates for flat panel displays, including liquid crystal displays and organic light-emitting diodes that are used in televisions, notebook computers, desktop monitors, tablets, and handheld devices. In addition, it manufactures products that offer material formulations for glass, glass ceramics, crystals, precision metrology instruments, and software, as well as glass wafers and substrates, tinted sunglasses, and radiation shielding products for markets, such as mobile consumer electronics, semiconductor equipment optics and consumables, aerospace and defense optics, radiation shielding products, sunglasses, and telecommunications components. Further, the company provides ceramic substrates and filter products for emissions control in mobile, gasoline, and diesel applications. Additionally, it offers laboratory products, including consumables, such as plastic vessels, liquid handling plastics, specialty surfaces, cell culture media, and serum, as well as general labware, and glassware and equipment under the Corning, Pyrex, Falcon, and Axygen brands. Corning Incorporated operates in the United States, Canada, Mexico, Japan, Taiwan, China, South Korea, Germany, and internationally. The company was formerly known as Corning Glass Works and changed its name to Corning Incorporated in April 1989. The company was founded in 1851 and is headquartered in Corning, New York.
55.95 USD
The 39 analysts offering 1 year price forecasts for GLW have a max estimate of 65.00 and a min estimate of 46.30.