Stocks · Technology · Hardware, Equipment & Parts

Corning Inc GLW

$164.19 +2.35% Close, Oct 2, 2026 · NYSE · Market cap $141.41B

Next earnings report: Oct 27, 2026

Scroll or pinch to zoom, drag to move. Daily prices adjusted for splits. Markers: E = earnings (green beat, red miss), S = split, D = dividend.

Three things to know

  1. Diluted EPS over the last four quarters was $2.20, up 134.0% year over year.
  2. Over the past year the stock returned +97.5%, ahead of the S&P 500 by 82.5 percentage points.
  3. Earnings beat analyst estimates in each of the last 10 quarters (average surprise over the last four: +1.8%).

PromtFinance scores

Each score is a percentile within the Technology sector (0–100). Under each score: how the stock ranks in its sector on every component. As of Oct 5, 2026.

Growth73Positive

How fast revenue, earnings and cash flow are growing.

  • Revenue growth (TTM, YoY)Top 36%
  • EPS growth (TTM, YoY)Top 16%
  • FCF growth (TTM, YoY)Top 13%
  • Revenue growth, 3-year CAGRBottom 41%
  • Revenue growth accelerationBottom 34%
Quality60Neutral

Returns on capital, margins, earnings quality and balance-sheet strength.

  • Return on invested capitalTop 33%
  • Gross marginBottom 29%
  • Operating marginTop 24%
  • Cash conversion (OCF / net income)Top 38%
  • Accruals (lower is better)Bottom 48%
  • Net debt / EBITDA (lower is better)Bottom 31%
  • Interest coverTop 35%
Value38Weak

How cheap the shares are relative to earnings, cash flow and their own history.

  • Earnings yieldTop 47%
  • Free-cash-flow yieldBottom 39%
  • EBITDA / enterprise valueBottom 47%
  • Sales / enterprise valueBottom 27%
  • P/E vs own 5-year history (lower is better)Bottom 34%
Momentum67Positive

Strength and persistence of the price trend, including versus the S&P 500.

  • 12-month return excluding last monthTop 14%
  • 6-month returnBottom 38%
  • 1-year return vs S&P 500Top 14%
  • Distance from 52-week highBottom 36%
  • Trend checklist (0–4)Top 18%
Revisions26Very weak

Earnings surprises and analyst sentiment (estimate-revision history is being collected).

  • Average EPS surprise, last 4 quartersBottom 26%
  • Consecutive EPS beatsTop 21%
  • Share of analysts rating BuyBottom 37%
  • Upside to consensus price targetBottom 22%
Stability49Neutral

Low volatility, shallow drawdowns, low market sensitivity and modest leverage.

  • Volatility, 60 days (lower is better)Bottom 29%
  • Maximum drawdown, 3 yearsTop 30%
  • Beta vs S&P 500 (lower is better)Top 37%
  • Net debt / EBITDA (lower is better)Bottom 31%

What changed

Latest four quarters versus the same period a year earlier (growth: versus one quarter earlier).

MeasureBeforeNow
Revenue growth (YoY)20.1%19.4%↓
EPS growth (YoY)303.8%134.0%↓
Gross margin34.8%36.3%↑
Operating margin12.1%15.5%↑
FCF margin8.4%14.1%↑

Fundamental momentum

MeasureNow (TTM)Year / quarter beforeSector rank
Revenue growth (TTM, YoY)19.4%20.1%↓Top 36%
EPS growth (TTM, YoY)134.0%303.8%↓Top 16%
Gross margin36.3%34.8%↑Bottom 29%
Operating margin15.5%12.1%↑Top 24%
Net margin11.2%5.8%↑—
Free-cash-flow margin14.1%8.4%↑—
Return on invested capital8.2%—Top 33%
Revenue growth, 3-year CAGR3.3%—Bottom 41%

Quality of earnings and balance sheet

Cash conversion (OCF / net income)Above 1× means profits are backed by cash.
2.06×
Accruals (net income − OCF) / assetsLower is better; high accruals can signal weaker earnings quality.
-6.1%
Stock-based compensation / revenueA cost to shareholders through dilution.
2.5%
Receivables growth vs revenue growthReceivables growing much faster than sales can be a warning.
+8.2 pp
Net debt / EBITDABelow 1× is conservative; above 3× is high leverage.
1.76×
Interest cover (operating income / interest)How many times operating profit covers interest.
7.4×

Shareholder returns

Dividend yield (dividends paid, TTM)
0.70%
Net buyback yield (TTM)
-0.35%
Shareholder yield
0.35%
Share count change, 1 year
+0.9%
Share count change, 3-year CAGR
+0.6%

Shareholder yield = dividends + net buybacks over the last four quarters, divided by market cap.

Based on the four quarters through Jun 30, 2026 (filed Jul 29, 2026).

Earnings and expectations

Earnings momentum

Consecutive EPS beats
10
Beats in the last 8 reports
8 of 8
Average EPS surprise, last 4
+1.8%
Average 2-day reaction, last 8
-1.8%
Positive 20 days after report
6 of 8

Analysts

Consensus price target
$170.63
Target vs current price
+3.9%
Analysts with a rating
37
Share rating Buy or Strong Buy
57%
Consensus rating
Buy

How the stock reacted to recent reports

Report dateEPS surprise2 days5 days20 days60 days
Jul 28, 2026+3.3%-12.1%+2.3%+1.5%—
Apr 28, 2026+1.2%-8.9%-4.8%+16.8%-7.1%
Jan 28, 2026+1.8%-5.0%+2.8%+46.2%+54.5%
Oct 28, 2025+0.8%-3.3%-2.1%-7.6%+4.4%
Jul 29, 2025+5.1%+11.9%+14.6%+20.5%+55.3%
Apr 29, 2025+6.5%+0.8%+3.0%+13.2%+26.3%
Jan 29, 2025+1.8%-2.8%+1.6%-2.4%-14.3%
Oct 29, 2024+2.7%+4.7%+0.4%+3.0%+5.7%

Returns from the close before each report. Past reactions do not determine future ones.

Earnings history

Report dateEPSEstimateSurpriseRevenue
Jul 28, 2026$0.78$0.76+3.3%$4.74B
Apr 28, 2026$0.70$0.69+1.2%$4.34B
Jan 28, 2026$0.72$0.71+1.8%$4.41B
Oct 28, 2025$0.67$0.67+0.8%$4.10B
Jul 29, 2025$0.60$0.57+5.1%$3.86B
Apr 29, 2025$0.54$0.51+6.5%$3.45B
Jan 29, 2025$0.57$0.56+1.8%$3.50B
Oct 29, 2024$0.54$0.53+2.7%$3.39B

Valuation in context

MultipleNow5-year median5-year percentileSector rank (cheapness)
P/E (trailing)74.6×47.1×76thTop 47%
P/E (forward)50.0×———
EV / EBITDA38.0×——Bottom 47%
EV / Sales8.74×——Bottom 27%
Free-cash-flow yield1.69%——Bottom 39%
Earnings yield1.34%——Top 47%

P/E over the past five years

Range 15.0× – 279.5× since Jun 30, 2021. Each point: price on the filing date divided by trailing-twelve-month EPS known then.

What moved the stock over the past year

Price return, 1 year
+97.5%
Earnings per share growth (TTM)
+134.0%
Change in P/E multiple
-14.6%

Most of the move came from earnings growth.

Technical state

Trend checklist

  • ✓ Price above 20-day average
  • ✓ Price above 50-day average
  • ✓ Price above 200-day average
  • ✓ 50-day average above 200-day
  • ✓ MACD histogram positive

Trend quality

Days above the 50-day average
4
Days above the 200-day average
12
50-day average slope (20 days)
-8.3%
200-day average slope (20 days)
+4.9%
Distance from 50-day average
+7.4%
Distance from 200-day average
+9.1%
RSI (14)
56.6
Relative volume
0.89×

Risk and drawdowns

Volatility, 60 days (annualized)
76.1%
Volatility vs own 5-year history
93th percentile · High for this stock
Beta vs S&P 500 (2 years, weekly)
1.23
Correlation with S&P 500
0.38
Current drawdown from 1-year high
-35.8%
Maximum drawdown, 3 years
-51.5%

Largest declines in the past six years

From peakTo lowDeclineLengthRecovery
Jun 29, 2026Jul 29, 2026-51.5%21 daysNot yet recovered
Apr 23, 2021Oct 27, 2023-42.5%633 days238 days (Oct 9, 2024)
Jan 24, 2025Apr 4, 2025-28.0%49 days74 days (Jul 23, 2025)
Feb 25, 2026Mar 6, 2026-23.2%7 days22 days (Apr 8, 2026)
May 14, 2026Jun 10, 2026-19.3%18 days7 days (Jun 22, 2026)

Declines of 10% or more from a closing high, measured on daily closes.

Financial statements

Market cap
$141.41B
P/E (TTM)
74.6
EPS, diluted (TTM)
$2.20
Revenue (TTM)
$16.96B
Dividend yield
0.68%
52-week range
$77.39 – $271.78
FY 2021FY 2022FY 2023FY 2024FY 2025
Revenue$14.08B$14.19B$12.59B$13.12B$15.63B
Gross profit$5.06B$4.51B$3.93B$4.28B$5.51B
Operating income$2.11B$1.44B$890.0M$1.14B$2.33B
Net income$1.91B$1.32B$581.0M$506.0M$1.60B
EPS (diluted)$1.28$1.54$0.68$0.58$1.85
Q3 2024Q4 2024Q1 2025Q2 2025Q3 2025Q4 2025Q1 2026Q2 2026
Revenue$3.39B$3.50B$3.45B$3.86B$4.10B$4.21B$4.14B$4.50B
Net income-$117.0M$310.0M$157.0M$469.0M$430.0M$540.0M$371.0M$559.0M
EPS (diluted)-$0.14$0.36$0.18$0.54$0.50$0.63$0.43$0.64
FY 2021FY 2022FY 2023FY 2024FY 2025
Operating cash flow$3.41B$2.62B$2.00B$1.94B$2.69B
Capital expenditure-$1.64B-$1.60B-$1.39B-$965.0M-$1.28B
Free cash flow$1.77B$1.01B$615.0M$974.0M$1.41B
Dividends paid-$871.0M-$932.0M-$989.0M-$986.0M-$999.0M
Net share buybacks-$335.0M-$268.0M-$106.0M-$246.0M-$163.0M

Cash outflows are shown as negative numbers.

Cash and short-term investments
$2.50B
Total assets
$32.96B
Total liabilities
$19.83B
Total debt
$9.38B
Net debt
$6.88B
Shareholders’ equity
$12.56B

As of Jun 30, 2026 (filed Jul 29, 2026).

Dividends

Ex-dateAmountPaid
Aug 31, 2026$0.28Sep 29, 2026
May 29, 2026$0.28Jun 29, 2026
Feb 27, 2026$0.28Mar 30, 2026
Nov 14, 2025$0.28Dec 12, 2025
Aug 29, 2025$0.28Sep 29, 2025
May 30, 2025$0.28Jun 27, 2025
Feb 28, 2025$0.28Mar 28, 2025
Nov 15, 2024$0.28Dec 13, 2024

Short interest

Shares sold short
17,615,953
Days to cover
1.87
Change vs previous report
-12.0%

FINRA short interest, settlement date Sep 15, 2026.

Stock splits

Oct 4, 2000
3-for-1
Feb 11, 1992
2-for-1
Feb 15, 1989
2-for-1
Feb 13, 1985
2-for-1
Feb 26, 1973
5-for-2