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Corning Incorporated

GLW

NYSE

Corning Incorporated engages in display technologies, optical communications, environmental technologies, specialty materials, and life sciences businesses worldwide. The company's Display Technologies segment offers glass substrates for liquid crystal displays and organic light-emitting diodes used in televisions, notebook computers, desktop monitors, tablets, and handheld devices. Its Optical Communications segment provides optical fibers and cables; and hardware and equipment products, including cable assemblies, fiber optic hardware and connectors, optical components and couplers, closures, network interface devices, and other accessories. This segment also offers its products to businesses, governments, and individuals. Its Specialty Materials segment manufactures products that provide material formulations for glass, glass ceramics, crystals, precision metrology instruments, software; as well as ultra-thin and ultra-flat glass wafers, substrates, tinted sunglasses, and radiation shielding products. This segment serves various industries, including mobile consumer electronics, semiconductor equipment optics and consumables; aerospace and defense optics; radiation shielding products, sunglasses, and telecommunications components. The company's Environmental Technologies segment offers ceramic substrates and filter products for emissions control in mobile, gasoline, and diesel applications. The company's Life Sciences segment offers laboratory products comprising consumables, such as plastic vessels, liquid handling plastics, specialty surfaces, cell culture media, and serum, as well as general labware and equipment under the Corning, Falcon, Pyrex, and Axygen brands. The company was formerly known as Corning Glass Works and changed its name to Corning Incorporated in April 1989. Corning Incorporated was founded in 1851 and is headquartered in Corning, New York.

39.18 USD

-0.43 (-1.1%)

Historical Prices

From:

To:

38.573939.54040.54141.541.5909:30 AM09:50 AM10:10 AM10:30 AM10:50 AM11:10 AM11:30 AM11:50 AM12:10 PM12:30 PM12:50 PM01:10 PM01:30 PM01:50 PM02:10 PM02:30 PM02:50 PM03:10 PM03:30 PM03:50 PM

About

ceo

Mr. Wendell P. Weeks

sector

Technology

industry

Hardware, Equipment & Parts

exchange

NYSE

Description

Corning Incorporated engages in display technologies, optical communications, environmental technologies, specialty materials, and life sciences businesses worldwide. The company's Display Technologies segment offers glass substrates for liquid crystal displays and organic light-emitting diodes used in televisions, notebook computers, desktop monitors, tablets, and handheld devices. Its Optical Communications segment provides optical fibers and cables; and hardware and equipment products, including cable assemblies, fiber optic hardware and connectors, optical components and couplers, closures, network interface devices, and other accessories. This segment also offers its products to busines...

CIK

0000024741

ISIN

US2193501051

CUSIP

219350105

Address

One Riverfront Plaza

Phone

607 974 9000

Country

US

Employee

56,300

IPO Date

Dec 31, 1981

Financial Statement

-1B01B2B3B4B2023 Q42024 Q12024 Q22024 Q32024 Q4RevenueNet Income

Earnings

00.10.20.30.40.50.62023 Q22023 Q32023 Q42024 Q12024 Q22024 Q32024 Q42025 Q1EPS Consensus

GLW Financial Summary

CIK

0000024741

Exchange

NYSE

Industry

Hardware, Equipment ...

Sector

Technology

CUSIP

219350105

ISIN

US2193501051

Country

US

Price

39.18

Beta

1.02

Volume Avg.

6.47M

Market Cap

33.57B

Shares

-

52-Week

30.72-55.33

DCF

27.71

ROE

-

ROA

-

Operating Margin

-

Debt/Equity

-

P/E

67.55

P/B

-

Website

https://www.corning.com

Upgrades and Downgrades

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Latest GLW News

Alex Lavoie

Jan 29, 2025

Corning Inc. (NYSE:GLW) Surpasses Fourth-Quarter Earnings Es...

Corning Inc. (NYSE:GLW), a prominent player in the specialty glass and ceramics industry, recently announced its fourth-quarter earnings for 2024. The company, known for its innovative materials and solutions, competes with other industry giants in the technology and manufacturing sectors. Corning's latest financial results provide a snapshot of its performance and market position. On January 29, 2025, Corning reported earnings per share (EPS) of $0.57, surpassing the estimated $0.56. This achi...

Davit Kirakosyan

Jan 29, 2025

Corning Exceeds Q4 Profit Expectations, Projects Strong Grow...

Corning Incorporated (NYSE:GLW) delivered better-than-expected fourth-quarter earnings. The specialty glass and ceramics company reported adjusted earnings per share of $0.57, slightly surpassing analyst forecasts of $0.56. However, revenue came in at $3.5 billion, falling short of the projected $3.75 billion. Despite missing revenue estimates, Corning’s core sales—excluding certain items—reached a record $3.9 billion, marking an 18% year-over-year increase. The company also saw improved profita...

Zacks Investment Research

Aug 26, 2024

Corning (GLW) Stock Up 29% in Past Six Months: Reason to Buy...

Corning (GLW) appears to be treading in the middle of the road, and investors could be better off if they trade with caution.

Investopedia

Aug 21, 2024

Corning Stock Rises After Mizuho Upgrade Highlighting Growth...

Corning's (GLW) stock price rose Wednesday after an upgrade from Mizuho analysts, who said the recent pullback following last month's earnings report has created an "attractive entry point."

Barrons

Aug 21, 2024

Corning's Pullback Provides an ‘Attractive Entry Point'

Mizuho analyst John Roberts upgraded shares to Outperform from Neutral.

Seeking Alpha

Aug 16, 2024

Corning: Rock-Solid Fundamentals Already Priced In

Corning stock returned 35% to investors since January, outperforming the market. GLW's latest earnings report was robust, but the valuation appears overpriced. Corning's exposure to 5G, data centers, and clean energy markets is promising, but stock is overvalued and downgraded to "Hold".

InvestorPlace

Aug 14, 2024

3 Stocks to Buy on the Cheap Following the Market Selloff

The recent market sell-off has felt rather painful. It's certainly been a while since we've witnessed stocks falling into an extended losing streak.

Seeking Alpha

Aug 14, 2024

Corning: Bullish AI Catalysts From Partners Lumen And Google

Corning stock has sold off ~15% from its recent high, but recent AI-related business developments indicate strong growth potential going forward. A big new fiber-optic supply agreement with Lumen Technologies is bullish and equates to 10% of Corning's global fiber capacity over each of the next two years. In another bullish catalyst, today, we learned that Google's entire new lineup of AI-powered Pixel 9 smartphones will use Corning's "Gorilla Glass Victus 2" displays.

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