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Forecast
The analysts' average price target is €153.73 (+34.99%). The median is €159.34 (+39.92%).
| Buy |
21 |
| Hold |
14 |
| Sell |
2 |
News Go to news feed
Corning rides AI-driven surge in optical fiber sales while pushing diversification
Corning is benefiting from skyrocketing data-center demand and multibillion-dollar contracts with hyperscalers and carriers, plus $2.5 billion in Gorilla Glass orders from Apple, driving strong revenue and profit growth. CEO Wendell Weeks targets $40 billion in revenue by 2030 but warns of valuation volatility after the stock’s sharp swings in 2026. To avoid a repeat of the telecom-era collapse, Corning is investing about $1 billion in R&D and expanding into solar polysilicon and modules, automotive Gorilla Glass windshields and industrial carbon-capture filtration technologies. » More on forbes.com
Corning gets order from AT&T worth more than $3 billion — AI boom reaches fiber networks
AT&T and Corning are expanding their collaboration; the now-announced order is worth more than $3 billion. The deal follows several large orders from hyperscalers and network operators and suggests the AI infrastructure boom is increasingly moving into the fiber networks between data centers. Corning’s revenue in Optical Communications rose 32% in Q2 2026 to $2.07 billion, with enterprise business growing by 65%. » More on finanzen.net
Corning launches $2bn at-the-market offering; Cramer says wait as shares may fall
Corning disclosed an agreement with Goldman Sachs to sell up to $2 billion of common stock through an at-the-market program, a move Jim Cramer said could push the share price lower and advised investors to wait. The company reported strong optical demand—Optical Communications sales rose 32% year over year—and aims to scale photonics while targeting about $2 billion in capital expenditures for 2026. The offering creates potential dilution as Corning pursues growth in scale-up photonics and manages increased capital requirements. » More on finance.yahoo.com
Historical dividends Dividends
All dividend metrics All metricsFinancials
| (EUR) | June 2026 | YoY |
|---|---|---|
| Revenue | 3.95B | 20.47% |
| Gross profit | 1.43B | 20.78% |
| Net profit | 489.8M | 23.09% |
| EBITDA | 993.62M | 16.30% |
Fundamentals
| Metric | Value |
|---|---|
Market capitalization | €95.64B |
Number of shares | 861.39M |
52-week high/low | €243.97 - €69.47 |
Dividend yield | 0.85% |
Dividends TTM | €0.97 |
Beta | 1.12 |
P/E ratio | 55.97 |
PEG ratio | 0.42 |
P/B ratio | 8.47 |
P/S ratio | 6.28 |
Company profile
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.
| Name | Corning |
| CEO | Wendell Weeks |
| Headquarters | Corning,
ny USA |
| Website | |
| Sector | Information Technology |
| Industry | Electronic Equipment, Instruments & Components |
| IPO | 12/31/1981 |
| Employees | 67,200 |
Ticker symbols
| Exchange | Symbol |
|---|---|
NYSE | GLW |
London Stock Exchange | 0R2X.L |
XETRA | GLW.DE |
Frankfurt | GLW.F |
Düsseldorf | GLW.DU |
Hamburg | GLW.HM |
Milan | 1GLW.MI |
London | 0R2X.L |
SIX | GLW.SW |
München | GLW.MU |
Wien | GLW.VI |