GLW
Corning Incorporated
$132.26
-0.36% 2026-10-20
Information TechnologyS&P 500
GLWSPY
1W
-11.0%
1M
-11.9%
3M
-18.4%
6M
-19.8%
YTD
+51.8%
1Y
+56.4%
Live chart
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Grades vs sector
Momentum71st pct in sectorB
Momentum
71st pct in sector
12-1 return: +74.1%
Percentile within its GICS sector across the S&P 1500.
Percentile within its GICS sector across the S&P 1500.
Growth53rd pct in sectorC+
Growth
53rd pct in sector
Revenue growth (YoY): +16.6%
Percentile within its GICS sector across the S&P 1500.
Percentile within its GICS sector across the S&P 1500.
Value25th pct in sectorD+
Value
25th pct in sector
Forward E/P: 3.3% · EBITDA/EV: 3.4%
Percentile within its GICS sector across the S&P 1500.
Percentile within its GICS sector across the S&P 1500.
Profitability55th pct in sectorC+
Profitability
55th pct in sector
Profit margin: +11.2% · Return on equity: +16.8%
Percentile within its GICS sector across the S&P 1500.
Percentile within its GICS sector across the S&P 1500.
RevisionsNot enough data yet–
Revisions
Not enough data yet
EPS estimate change, 30 days (current FY): –
30-day change in analysts' current-year EPS estimate; graded across covered stocks.
30-day change in analysts' current-year EPS estimate; graded across covered stocks.
Our models
Not held by any of our 5 live models right now.
Quality Growth
not ranked (outside this model's universe or screens)
Momentum Top 15rank 35 of 499 · 12-1 momentum % 82.9
Momentum Blendnot in the current book
New Highs Growthnot ranked (outside this model's universe or screens)
Conviction 20not in the current book
News
More newsApple Bets $100 Million on U.S. Titanium Supply for Its Next iPhones
GuruFocus.com · 12h ago
3M Jumps 6% on Expanded Amazon Data Center Deal and Earnings Beat; Coherent Edges Higher, Corning Stays Flat
24/7 Wall St. · 16h ago
Can Meta’s Fiber Partner Corning Capitalize On Rising AI Fiber Prices?
Benzinga · Oct 19
Key stats
Market cap$113.9B
P/E (trailing)60.7
P/E (forward)30.2
52-week range77.39 – 271.78
Revenue growth (YoY, latest qtr)+16.6%
Dividend yield0.84%
Analyst consensusBuy (17)
Mean price target$187.71 (+42%)
Valuation and fundamentals
Valuation & fundamentals
Bottom line
Leans expensive
Model read-out from the numbers below, not advice. Score -1 (DCF counts double).
▼DCF (base case)below the price by 29%
▼Forward P/E vs sector30.2x vs median 16.9x
▲Piotroski F-score8/9
▲Altman Z5.1 (safe)
▲Net debt / EBITDA0.4x
▲Analyst target+42% (17 analysts)
Discounted cash flow
Bear
$60
-55%
growth 5% · disc. 10.9% · term. 2.0%
Base
$94
-29%
growth 10% · disc. 9.9% · term. 2.5%
Bull
$139
+5%
growth 13% · disc. 8.9% · term. 3.0%
A DCF starts from trailing free cash flow, so it can overstate value if the last 12 months were unusually strong (or weak). Use the bear case or edit the starting cash flow if so.
Reverse DCFfor context, not a signal
A normal DCF guesses future cash flows and works out a price. A reverse DCF runs it backwards: it starts from today's price and asks how fast free cash flow would have to grow to justify it. It tells you what the market is assuming, not whether the stock is cheap or expensive, and it is not a buy or sell signal. Glossary
Today's price assumes free cash flow grows about 13% a year for 10 years.
Implied
+13%/yr
FCF, last 3 yrs
+1%/yr
FCF, last 5 yrs
+4%/yr
Revenue, last 3 yrs
+3%/yr
Revenue, last 5 yrs
+7%/yr
Same inputs as the DCF above: trailing free cash flow 3.9B, 9.9% discount rate, 2.5% growth after year 10, net debt and today's share count. Actual growth rates are compound annual rates from SEC annual filings through FY2025; "n/a" means too little history or a negative starting year.
Edit assumptions · recalculates instantly
Your value per share–
Free cash flow = operating cash flow − capital spending, trailing 12 months (TTM to 2026-06-30). Growth default: average of 3-year revenue CAGR and latest revenue growth, capped at 30%. Years 6–10 fade linearly to terminal growth. Discount rate = 4.25% risk-free assumption + beta 1.12 × 5% equity premium, kept within 7–13%. Bear: lower growth, +1 pt discount, 2% terminal. Bull: higher growth, −1 pt, 3%.
Multiples vs Information Technology
P/E (trailing)
pricier
sector median 35.9× · 78th pct
60.7×pricier
Forward P/E
pricier
sector median 16.9× · 86th pct
30.2×pricier
EV / EBITDA
pricier
sector median 20.8× · 81st pct
44.3×pricier
Price / sales
pricier
sector median 4.6× · 65th pct
6.7×pricier
Price / book
pricier
sector median 5.1× · 72nd pct
9.1×pricier
FCF yield
pricier
sector median 3.5% · 49th pct
3.4%pricier
Forward EPS $4.37 vs trailing $2.18 (+101% expected growth). Forward P/E uses analysts' next-12-month estimate.
Quality & financial health
Gross margin
36.4%
Operating margin
15.3%
FCF margin
23.1%
Net margin
11.2%
Return on equity
15.1%
Return on invested capital
16.4%
Net debt / EBITDA
0.4×
Current ratio
1.8×
Interest cover
7.3×
Cash conversion (OCF/NI)
2.1×
Piotroski F-score 8/9 · last two fiscal years
✓ Positive net income✓ Positive operating cash flow✓ Return on assets improved✓ Cash flow above net income✓ Long-term debt / assets fell✗ Current ratio improved✓ No share dilution✓ Gross margin improved✓ Asset turnover improved
Altman Z-score 5.1 (safe zone; above 3.0 = safe, below 1.8 = distress). Not meaningful for banks and insurers.
Analysts
Mean target
$188
+42%
Analysts
17
Buy
Range
$129–$238
low – high
● price · ◆ mean target
Annual history
| FY | Revenue | Net income | Free cash flow |
|---|---|---|---|
| 2025 | $15.6B | $1.6B | $2.7B |
| 2024 | $13.1B | $506.0M | $1.9B |
| 2023 | $12.6B | $581.0M | $2.0B |
| 2022 | $14.2B | $1.3B | $2.6B |
| 2021 | $14.1B | $1.9B | $3.4B |
| 2020 | $11.3B | $512.0M | $2.2B |
From the company's 10-K filings via SEC XBRL. 3-year revenue CAGR +3.3%.
Earnings
Next report: 2026-10-27 · before open · EPS est 0.88
EstimateActual (beat)Actual (miss)
| Report | EPS est | Actual | Surprise |
|---|---|---|---|
| 2026-07-28 | 0.75 | 0.78 | +3.5% |
| 2026-04-28 | 0.69 | 0.70 | +1.2% |
| 2026-01-28 | 0.71 | 0.72 | +2.1% |
| 2025-10-28 | 0.66 | 0.67 | +0.8% |
| 2025-07-29 | 0.57 | 0.60 | +5.1% |
| 2025-04-29 | 0.51 | 0.54 | +5.4% |
| 2025-01-29 | 0.56 | 0.57 | +2.1% |
| 2024-10-29 | 0.52 | 0.54 | +3.0% |
Quarterly revenue
| Quarter | Revenue | YoY |
|---|---|---|
| 2026-06-30 | $4.5B | +16.6% |
| 2026-03-31 | $4.1B | – |
| 2025-12-31 | $4.2B | – |
| 2025-09-30 | $4.1B | – |
| 2025-06-30 | $3.9B | – |
Analyst actions
UBS
PT $201
2026-10-05 · main
Buy → BuyPT $201
Truist Securities
PT $182
2026-10-02 · main
Buy → BuyPT $182
Bernstein
PT $140
2026-09-30 · init
→ Market PerformPT $140
Mizuho
PT $180
2026-09-15 · main
Outperform → OutperformPT $180
China Renaissance
PT $238
2026-09-08 · init
→ BuyPT $238
Truist Securities
PT $175
2026-08-03 · up
Hold → BuyPT $175
Insider trades
Gullo Michelle L
$1.5M
Senior Vice President & CHRO · 2026-09-04
SELL$1.5M
Steverson Lewis A
$2.0M
Vice Chairman, EVP and CLAO · 2026-08-28
SELL$2.0M
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SELL–
Stats refreshed 2026-10-20 17:52:51 ET from Yahoo Finance (yfinance). "–" means the data isn't available. Refresh now
coteau
Coteau Systematic Strategies publishes stock research and model portfolios. It doesn't manage money or give investment advice. Results are hypothetical unless marked Live. Data: Yahoo Finance (delayed) and SEC EDGAR.