Added to YB: 2026-03-12
Pitch date: 2026-03-10
GLW [neutral]
Corning Incorporated
-2.92%
current return
Author Info
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Company Info
Corning Incorporated operates in optical communications, display, specialty materials, automotive, and life sciences businesses in the United States, Canada, Mexico, Japan, Taiwan, China, South Korea, Germany, and internationally.
Market Cap
$113.0B
Pitch Price
$133.67
Price Target
N/A
Dividend
0.85%
EV/EBITDA
31.17
P/E
72.00
EV/Sales
7.77
Sector
Electronic Equipment, Instruments and Components
Category
growth
Corning ($GLW): AI-Driven Momentum Stock
GLW (maintain sell): AI infra play via fiber-optic cables for data centers; $6B Meta deal catalyst. 2025 rev $15.6B (+19% YoY), core EPS $2.52 (+29%). 67x P/E, 6.8x P/S, 1.5% earnings yield vs 4.1% 10Y Treasury = overvalued. ROE 14.2%, ROIC 7.4% < 11.8% WACC signals poor capital allocation. Bears cite premium valuation & glass volume pressure; bulls cite $11B 2028 rev target. Maintain Sell.
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