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Added to YB: 2026-05-01

Pitch date: 2026-04-29

GLW [neutral]

Corning Incorporated

+5.4%

current return

Author Info

No bio for this author

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

$130.5B

Pitch Price

$155.82

Price Target

180.00 (+10%)

Dividend

0.74%

EV/EBITDA

34.91

P/E

73.10

EV/Sales

8.47

Sector

Electronic Equipment, Instruments and Components

Category

growth

Show full summary:
Corning $GLW 2026 Q1 Financial Report Sharing

GLW (earnings): Q1 core sales $4.35B (+18% YoY) beat $4.29B est; core EPS $0.70 (+30% YoY) beat $0.69 est. Optical comms rev $1.85B (+36%), profit $387M (+93%) on AI fiber deals w/ Meta + 2 hyperscalers (~$20B total). Q2 guide: $4.6B sales (+14%), EPS $0.73-$0.77 (+25%). Solar biz $370M (+80%). Trading 47x P/E on $3.10-$3.30 FY EPS est; risk = customer concentration.

Read full article (10 min)