SURVYR

GLW

Corning Incorporated
$126.30
−$1.44 (1.13%)Oct 27 close
Information TechnologyS&P 500 CompareTechnicals
Model valuationLeans expensiveDCF base $88
1M3M6M1Y2Y
-13%+42%+97%+152%+207%Oct 2025Oct 2026Apr 202652w high $271.7852w low $77.39
GLWSPY
Wall St. Highest PT $238.00 (+88.4%) Wall St. Avg PT $187.41 (+48.4%)
$78$138$199$260$321POC $160Hi $238Avg $187
Underwater Drawdown %Max DD -51.5%Current -50.5%
0.0%-51.5%
Relative Strength vs SPY+29.0% vs SPYOutperforming
+206%0%-206%
1W
−$5.96 (4.51%)
1M
−$30.44 (19.42%)
3M
+$0.53 (0.42%)
6M
−$26.23 (17.20%)
YTD
+$39.20 (45.01%)
1Y
+$37.70 (42.56%)

Chart

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Ratings & dials

1m · 5m · 15m · 1h · 4h · 1D

Analyst & Morningstar ratings

Consensus · Targets · Morningstar
Wall Street analyst consensus
SellHoldStrong Buy
Buy
17 analysts · mean score 1.56
1 = Strong Buy · 5 = Sell
Wall Street consensus
Analyst price targets
Current price$126.30
Average target$187.41
+$61.11 (+48.4%) upsideaverage target vs current price
CurrentAverageMedian
Low$129.00
Median$187.41
High$238.00
12-month Wall Street target range

Third-party ratings, not SURVYR.'s views.

Health check

Financial health
DistressGrey zoneSafe
Safe zone
Altman Z-score 5.2
Above 2.99 is the safe zone, below 1.81 the distress zone.
Quality
WeakAverageStrong
Strong
Piotroski F-score 8 of 9
See the tests
  • ✓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

Computed by SURVYR. from the company's SEC filings (latest balance sheet Jun 30, 2026). Descriptive, not a forecast.

Key stats & company

Market value$116.2B
P/E (last 12 months)61.9
P/E (next 12 months, estimated)30.7
52-week range$77.39 – $271.78
Revenue growth (latest quarter vs a year ago)+16.6%
Dividend yield0.85%
Analyst consensusBuy (17)
Average analyst price target$187.41 (+48%)

What they do

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. The company provides optical fibers and cables; and hardware and equipment products, such as cable assemblies, fiber optic hardware and connectors. It also offers glass substrates for flat panel displays.

Technology · Electronic Components
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 30%
▼Forward P/E vs sector30.7x vs median 17.3x
▲Piotroski F-score8/9
▲Altman Z5.2 (safe)
▲Net debt / EBITDA0.4x
▲Analyst target+48% (17 analysts)

Discounted cash flow

Bear
$56
-56%
growth 5% · disc. 10.9% · term. 2.0%
Base
$88
-30%
growth 10% · disc. 9.9% · term. 2.5%
Bull
$130
+3%
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
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)
sector median 35.4× · 77th pct
 61.9×
pricier
Forward P/E
sector median 17.3× · 85th pct
 30.7×
pricier
EV / EBITDA
sector median 20.3× · 82nd pct
 45.1×
pricier
Price / sales
sector median 4.8× · 65th pct
 6.9×
pricier
Price / book
sector median 5.2× · 72nd pct
 9.3×
pricier
FCF yield
sector median 3.6% · 48th pct
 3.4%
pricier

Forward EPS $4.40 vs trailing $2.18 (+102% 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 5.2 (safe zone; above 3.0 = safe, below 1.8 = distress). Not meaningful for banks and insurers.

Analysts

Mean target
$187
+48%
Analysts
17
Buy
Range
$129–$238
low – high
● price · ◆ mean target

Annual history

FYRevenueNet incomeFree 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%.

For information only · Important disclosures

Grades vs sector

Momentum
71st percentile in sector
B
12-1 return: +74.1%
Percentile within its GICS sector across the S&P 1500.
Growth
53rd percentile in sector
C+
Revenue growth (YoY): +16.6%
Percentile within its GICS sector across the S&P 1500.
Value
25th percentile in sector
D+
Forward E/P: 3.3% · EBITDA/EV: 3.4%
Percentile within its GICS sector across the S&P 1500.
Profitability
55th percentile in sector
C+
Profit margin: +11.2% · Return on equity: +16.8%
Percentile within its GICS sector across the S&P 1500.
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.

Systematic Models

Not held by any of our 7 live models right now.

Quality Growth
Outside this model's universe or screens
 Momentum Top 15
ranked 35 of 499 · 12-month momentum 82.9%
 Momentum Blend
Not in the current book
 New Highs Growth
Outside this model's universe or screens
 SURVYR. Barbell Momentum & T-Bill Shield
Outside this model's universe or screens
 SURVYR. Physical AI Grid & Power
Outside this model's universe or screens
 SURVYR. Long Book
Not in the current book

Earnings & events

GLW earningsReported Oct 27, 2026▲ Above estimates
Results · Before the open
EPS actual$0.91
EPS estimate$0.88
Surprise+3.4%
RevenueNot in our data yet

Revenue for this quarter is not in our data yet. It arrives with the quarterly filing.

Last 4 quarters · EPS vs estimate
Oct 27, 2026$0.91est $0.88+3.4%Above estimates
Jul 28, 2026$0.78est $0.75+3.5%Above estimates
Apr 28, 2026$0.70est $0.69+1.2%Above estimates
Jan 28, 2026$0.72est $0.71+2.1%Above estimates

In line = within 1% of the estimate.

Source: Yahoo Finance · refreshed 2026-10-27 18:05:07 ET
25-0125-0425-0725-1026-0126-0426-0726-100.000.91
EstimateActual (beat)Actual (miss)

News & catalysts

More news
Why Shares of Corning Are Tumbling Lower Today
Nasdaq · 9h ago
Corning earnings analysis: questions answered and next catalysts
Investing.com · 11h ago
Broadcom, Nvidia, Boeing, GM, UPS, JetBlue, and More Stocks That Explain Today’s Market
Barrons.com · 12h ago
Corning (GLW) Q3 2026 Earnings Call Transcript
Nasdaq · 12h ago
Tech rises for second day in a row as chip stocks gain: AlphaCheck
Yahoo Finance · 15h ago
Insider trades
Gullo Michelle L
Senior Vice President & CHRO · 2026-09-04
Sell
$1.5M
Steverson Lewis A
Vice Chairman, EVP and CLAO · 2026-08-28
Sell
$2.0M
None
None · None
Sell
–
None
None · None
Sell
–
None
None · None
Sell
–
None
None · None
Sell
–

Stats refreshed 2026-10-27 18:05:07 ET from Yahoo Finance (yfinance). "–" means the data isn't available. Refresh now

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Systematic research · Not investment advice · Hypothetical unless marked Live · Data: Yahoo Finance (15-min delayed), SEC EDGAR, House Clerk · Important disclosures · Contact desk@coteau.app

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Coteau 0.9 · Oct 21, 2026