Added to YB: 2026-05-01
Pitch date: 2026-04-29
GLW [neutral]
Corning Incorporated
+5.4%
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
$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
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.
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