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Corning Incorporated (GLW)

Upturn stock ratingUpturn stock rating
$67.03
Last Close (24-hour delay)
Profit since last BUY43.96%
upturn advisory
Strong Buy
BUY since 75 days
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  • SELL Advisory (Loss)​
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Upturn Advisory Summary

08/29/2025: GLW (5-star) is a STRONG-BUY. BUY since 75 days. Profits (43.96%). Updated daily EoD!

Upturn Star Rating

rating

Outstanding Performance

These Stocks/ETFs, based on Upturn Advisory, have historically outperformed the market, making them a top-tier choice for investors.

Number of Analysts

rating

14 Analysts rated it

Moderately tracked stock, growing coverage, gaining market and investor attention.

1 Year Target Price $68.25

1 Year Target Price $68.25

Analysts Price Target For last 52 week
$68.25 Target price
52w Low $36.95
Current$67.03
52w High $69.01

Analysis of Past Performance

Type Stock
Historic Profit 87.85%
Avg. Invested days 60
Today’s Advisory Strong Buy
Upturn Star Rating Upturn stock ratingUpturn stock rating
Upturn Advisory Performance Upturn Advisory Performance 4.0
Stock Returns Performance Upturn Returns Performance 4.0
Upturn Profits based on simulationUpturn Profits based on simulation Profits based on simulation
Upturn Profits based on simulationUpturn Profits based on simulation Last Close 08/29/2025

Key Highlights

Company Size Large-Cap Stock
Market Capitalization 57.42B USD
Price to earnings Ratio 71.31
1Y Target Price 68.25
Price to earnings Ratio 71.31
1Y Target Price 68.25
Volume (30-day avg) 14
Beta 1.06
52 Weeks Range 36.95 - 69.01
Updated Date 08/29/2025
52 Weeks Range 36.95 - 69.01
Updated Date 08/29/2025
Dividends yield (FY) 1.63%
Basic EPS (TTM) 0.94

Analyzing Revenue: Products, Geography and Growth

Revenue by Products

Product revenue - Year on Year

Revenue by Geography

Geography revenue - Year on Year

Earnings Date

Report Date -
When -
Estimate -
Actual -

Profitability

Profit Margin 5.77%
Operating Margin (TTM) 14.94%

Management Effectiveness

Return on Assets (TTM) 4.14%
Return on Equity (TTM) 8.28%

Valuation

Trailing PE 71.31
Forward PE 27.93
Enterprise Value 66054727749
Price to Sales(TTM) 4.04
Enterprise Value 66054727749
Price to Sales(TTM) 4.04
Enterprise Value to Revenue 4.65
Enterprise Value to EBITDA 23.33
Shares Outstanding 856619008
Shares Floating 782272773
Shares Outstanding 856619008
Shares Floating 782272773
Percent Insiders 8.6
Percent Institutions 74.38

ai summary icon Upturn AI SWOT

Corning Incorporated

stock logo

Company Overview

overview logo History and Background

Corning Incorporated was founded in 1851 as the Bay State Glass Company and later renamed Corning Glass Works. Initially focusing on glass for railway signal lanterns, the company evolved through innovations in glassmaking, including Pyrex, optical fiber, and Gorilla Glass.

business area logo Core Business Areas

  • Optical Communications: This segment produces optical fiber and cable, hardware and equipment, and connectivity solutions for the telecommunications industry. It's the largest segment by revenue.
  • Display Technologies: This segment manufactures glass substrates for LCD and OLED displays used in televisions, laptops, tablets, and smartphones.
  • Specialty Materials: This segment creates products that serve customers' needs for high-performance specialty glass and glass ceramic materials. These materials are used in applications such as mobile consumer electronics, semiconductor equipment and aerospace and defense.
  • Environmental Technologies: This segment manufactures ceramic substrates and filters for emission control in mobile applications.
  • Life Sciences: Provides laboratory products including plastic vessels, specialty surfaces, media, and equipment used in cell culture, bioprocessing, genomics and drug discovery.

leadership logo Leadership and Structure

Wendell P. Weeks is the Chairman and Chief Executive Officer. The company operates with a divisional structure organized around its five main business segments.

Top Products and Market Share

overview logo Key Offerings

  • Optical Fiber: Corning is a leading manufacturer of optical fiber used in telecommunications networks. Market share varies by region but Corning is one of the global leaders. Competitors: Prysmian, CommScope, Yangtze Optical Fibre and Cable (YOFC).
  • Gorilla Glass: Gorilla Glass is a chemically strengthened glass used to protect the screens of mobile devices. Competitors: AGC Inc. (Dragontrail), Schott AG (Xensation).
  • Ceramic Substrates: Corning produces ceramic substrates for automotive emission control systems. Competitors: NGK Insulators, Denso.
  • Valor Glass: Valor Glass is pharmaceutical packaging designed to protect drug products and reduce contamination. It reduces particle contamination, enables greater filling line speed and reduces the likelihood of cracks.

Market Dynamics

industry overview logo Industry Overview

The markets Corning serves are influenced by trends in telecommunications infrastructure, consumer electronics, automotive emissions standards, and pharmaceutical packaging. The industry is marked by continuous technological innovation and competitive pricing.

Positioning

Corning is positioned as a technology leader with strong intellectual property and manufacturing expertise. Its competitive advantages lie in its material science innovation and established customer relationships.

Total Addressable Market (TAM)

The TAM for Corning's various segments is substantial, encompassing hundreds of billions of dollars across telecommunications, displays, automotive, and life sciences. Corning is positioned to capture a significant share of this TAM through its technological leadership and product diversification.

Upturn SWOT Analysis

Strengths

  • Strong R&D capabilities
  • Extensive intellectual property portfolio
  • Established customer relationships
  • Global manufacturing footprint
  • Diversified product portfolio

Weaknesses

  • Dependence on a few large customers
  • Exposure to cyclical industries
  • High capital expenditures
  • Susceptible to raw material price fluctuations

Opportunities

  • Growing demand for 5G infrastructure
  • Increasing adoption of OLED displays
  • Stringent automotive emission standards
  • Expansion into emerging markets
  • Growing cell and gene therapy market

Threats

  • Intense competition
  • Technological obsolescence
  • Economic downturns
  • Geopolitical risks
  • Disruptions in supply chain

Competitors and Market Share

competitor logo Key Competitors

  • PRY
  • CSCO
  • SMCI

Competitive Landscape

Corning's competitive advantage lies in its material science expertise and innovation. However, it faces competition from established players in each of its business segments.

Major Acquisitions

Alliance Fiber Optic Products (AFOP)

  • Year: 2016
  • Acquisition Price (USD millions): 305
  • Strategic Rationale: To expand its optical connectivity solutions portfolio and strengthen its position in the optical communications market.

Growth Trajectory and Initiatives

Historical Growth: Corning's growth has been driven by innovations in optical communications, display technologies, and specialty materials. Recent years have seen increased revenue in these segments.

Future Projections: Analysts project continued growth driven by 5G infrastructure deployment, increasing OLED adoption, and growing demand for automotive emission control solutions.

Recent Initiatives: Corning is investing in expanding its optical fiber manufacturing capacity and developing new glass compositions for advanced displays.

Summary

Corning Incorporated demonstrates a strong position in material science innovation, reflected in its diversified product portfolio and technological leadership. The company benefits from long-term growth trends in telecommunications and display technologies, but its performance is sensitive to cyclical industries and faces intense competition. Corning maintains strong R&D to drive further innovations. Prudent monitoring and reaction to changes in economic landscape may be needed.

Peer Comparison

Sources and Disclaimers

Data Sources:

  • Corning Incorporated Investor Relations
  • SEC Filings
  • Market Research Reports
  • Analyst Reports

Disclaimers:

The data provided is for informational purposes only and should not be considered financial advice. Market conditions and company performance are subject to change.

Upturn AI SummarizationUpturn AI Summarization AI Summarization is directionally correct and might not be accurate.

Upturn AI SummarizationUpturn AI Summarization Summarized information shown could be a few years old and not current.

Upturn AI SummarizationUpturn AI Summarization Fundamental Rating based on AI could be based on old data.

Upturn AI SummarizationUpturn AI Summarization AI-generated summaries may have inaccuracies (hallucinations). Please verify the information before taking action.

About Corning Incorporated

Exchange NYSE
Headquaters Corning, NY, United States
IPO Launch date 1981-12-31
Chairman & CEO Mr. Wendell P. Weeks
Sector Technology
Industry Electronic Components
Full time employees 56300
Full time employees 56300

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.