Corning Incorporated (GLW) Stock Price & Analysis
Corning Incorporated (GLW) closed at USD 123.99 on Thursday, October 22, 2026, down 8.10% on the day. The US market is currently closed (pre-market); this is not a live price.
The prior close was USD 134.92; the Oct 22, 2026 session ranged USD 122.57–128.95 on volume of 12,335,968 shares. Market capitalization is $106.80B, with a 52-week range of USD 77.39–271.78 (NYQ). Source: Nexqual, retrieved October 23, 2026 at 09:26 UTC.
Also available as compact Markdown for AI agents: nexqual.com/GLW.md
Key facts (GLW)
- Last four reported quarters (through Jun 30, 2026): revenue $17.0B, net income $1.90B (11.2% margin), free cash flow $2.40B (SEC filings).
- 4 of 80 tracked superinvestors hold GLW (13F, Q2 2026): 0 new, 0 added, 4 reduced, 0 unchanged.
- Insider open-market sales, last ~7 months: 14 Form 4 filings, $57.5M; 14 not under a Rule 10b5-1 plan ($57.5M); 3 by opportunistic insiders (3 outside 10b5-1 plans), 2 by routine insiders (three-year test, Cohen, Malloy & Pomorski 2012).
- Total return with dividends: 1Y +45.7% vs S&P 500 +14.9%; 5Y +267.6% vs S&P 500 +80.3%.
- Next earnings: 2026-10-27, EPS estimate USD 0.88, revenue estimate $5.03B.
Financials (SEC 10-K; TTM = last four 10-Q/10-K quarters) (GLW)
| USD | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 | TTM |
|---|---|---|---|---|---|---|
| Revenue | $14.1B | $14.2B | $12.6B | $13.1B | $15.6B | $17.0B |
| Gross profit | $5.06B | $4.51B | $3.93B | $4.28B | $5.62B | — |
| Operating income | $2.11B | $1.44B | $890M | $1.14B | $2.28B | $2.60B |
| Net income | $1.91B | $1.32B | $581M | $506M | $1.60B | $1.90B |
| EPS (diluted) | $1.28 | $1.54 | $0.68 | $0.58 | $1.83 | — |
| Free cash flow | $1.77B | $1.01B | $615M | $974M | $1.41B | $2.40B |
| Gross margin | 36.0% | 31.8% | 31.2% | 32.6% | 36.0% | — |
| Operating margin | 15.0% | 10.1% | 7.1% | 8.7% | 14.6% | 15.3% |
| Net margin | 13.5% | 9.3% | 4.6% | 3.9% | 10.2% | 11.2% |
| Revenue growth | +24.6% | +0.8% | -11.3% | +4.2% | +19.1% | — |
| Cash + short-term investments | $2.15B | $1.67B | $1.78B | $1.77B | $1.53B | — |
| Total debt | $7.04B | $6.91B | $7.53B | $7.21B | $8.43B | — |
Fiscal years end Dec. EPS is split-adjusted.
Valuation (price ÷ last four quarters, through Jun 30, 2026) (GLW)
P/E at fiscal year-ends: Dec 2025 47.8x, Dec 2024 81.6x, Dec 2023 45.0x.
Superinvestors (SEC 13F-HR, Q2 2026) (GLW)
4 of 80 tracked investors hold GLW. Each row is the investor's latest 13F; change is vs their prior-quarter share count.
| Investor | Firm | % of portfolio | Value | Change |
|---|---|---|---|---|
| Stephen Mandel | Lone Pine Capital | 4.26% | $697M | Reduced -26.6% |
| Mairs & Power | Mairs & Power Funds | 0.20% | $21.8M | Reduced -3.2% |
| Lee Ainslie | Maverick Capital | 0.01% | $1.2M | Reduced -98.7% |
| Dodge & Cox Funds | Dodge & Cox | <0.01% | $8.9M | Reduced -4.6% |
Insider sales (SEC Form 4, open-market, last ~7 months) (GLW)
0 of 14 under a Rule 10b5-1 trading plan (scheduled in advance). Unplanned sales were timed by the insider.
| Trade date | Insider | Role | Shares | Value | % of holdings sold | 10b5-1 plan | Insider type |
|---|---|---|---|---|---|---|---|
| 2026-09-04 | Gullo Michelle L | Senior Vice President & CHRO | 9,874 | $1.5M | 51.3% | No | Too little history (no open-market trades in 2023–2025) |
| 2026-08-28 | Steverson Lewis A | Vice Chairman, EVP and CLAO | 13,100 | $2.0M | 46.5% | No | Opportunistic (traded every year 2023–2025, no repeating month) |
| 2026-06-09 | Weeks Wendell P | Chairman, CEO and President | 100,000 | $18.6M | 9.6% | No | Opportunistic (traded every year 2023–2025, no repeating month) |
| 2026-05-22 | Amin Jaymin | SVP and Chief Tech. Officer | 27,395 | $5.3M | 22% | No | Too little history (no open-market trades in 2023) |
| 2026-05-15 | Nelson Avery H Iii | Executive Vice President & COO | 20,000 | $3.9M | 21.3% | No | Too little history (no open-market trades in 2023 or 2024) |
| 2026-05-13 | Verkleeren Ronald L | SVP Emerging Innovations Group | 10,000 | $2.1M | 17.2% | No | Too little history (no open-market trades in 2023 or 2024) |
| 2026-05-11 | Tillman Michaune D | SVP and General Counsel | 3,260 | $675K | 24.3% | No | Too little history (no open-market trades in 2023–2025) |
| 2026-05-11 | Seetharam Soumya | Senior Vice President & CDIO | 20,000 | $4.1M | 43.9% | No | Too little history (no open-market trades in 2023) |
| 2026-05-11 | Zhang John Z | Exec. Vice President & CCDO | 10,000 | $2.0M | 66.1% | No | Routine (sold in Feb & May each year 2023–2025) |
| 2026-05-08 | Steverson Lewis A | Vice Chairman, EVP and CLAO | 27,750 | $5.4M | 49.6% | No | Opportunistic (traded every year 2023–2025, no repeating month) |
| 2026-05-08 | Gullo Michelle L | Senior Vice President & CHRO | 5,315 | $1.0M | 12.4% | No | Too little history (no open-market trades in 2023–2025) |
| 2026-05-08 | Becker Stefan | SVP, Finance & Corp Controller | 21,000 | $3.9M | 74.3% | No | Too little history (no open-market trades in 2023) |
| 2026-05-07 | Schlesinger Edward A | Exec. Vice President and CFO | 22,562 | $4.2M | 25.7% | No | Too little history (no open-market trades in 2023) |
| 2026-05-06 | Zhang John Z | Exec. Vice President & CCDO | 15,000 | $2.8M | 49.8% | No | Routine (sold in Feb & May each year 2023–2025) |
% of holdings sold = shares sold ÷ (shares sold + all holdings the insider reported on that Form 4, direct and through trusts).
Insider type follows Cohen, Malloy & Pomorski (Journal of Finance, 2012). An insider who traded the stock in the same calendar month in each of the past three years is a routine trader; one who traded in each of those years without such a pattern is an opportunistic trader. In their study, trades by opportunistic insiders predicted future returns and trades by routine insiders did not. Counts open-market purchases and sales only (SEC Form 4 codes P and S) by that insider in that company. Not investment advice.
Analysts (GLW)
Rating changes, last 120 days:
| Date | Firm | Action | Rating | Price target |
|---|---|---|---|---|
| 2026-10-21 | JP Morgan | Target lowered | Neutral | $170 → $165 |
| 2026-10-05 | UBS | Target raised | Buy | $196 → $201 |
| 2026-10-02 | Truist Securities | Target raised | Buy | $175 → $182 |
| 2026-09-30 | Bernstein | Initiated | Market Perform | $140 |
| 2026-09-15 | Mizuho | Target lowered | Outperform | $210 → $180 |
| 2026-09-08 | China Renaissance | Initiated | Buy | $238 |
| 2026-08-03 | Truist Securities | Upgrade | Hold → Buy | $205 → $175 |
| 2026-07-29 | Morgan Stanley | Target lowered | Equal-Weight | $180 → $165 |
| 2026-07-29 | Oppenheimer | Target lowered | Outperform | $230 → $200 |
| 2026-07-29 | Mizuho | Target lowered | Outperform | $270 → $210 |
| 2026-07-29 | Citigroup | Target lowered | Buy | $240 → $220 |
| 2026-07-29 | Barclays | Target lowered | Equal-Weight | $180 → $129 |
Total return (dividends reinvested) (GLW)
| 1Y (from 2025-10-23) | 5Y (from 2021-10-18) | |
|---|---|---|
| Total return | +45.7% | +267.6% |
| S&P 500 (SPY) | +14.9% | +80.3% |
| Per year | +45.9% | +29.7% |
| Volatility (annualized) | 74.4% | 38.9% |
| Max drawdown | -51.5% (Jun 2026→Jul 2026) | -43.8% (Jun 2026→Oct 2026) |
Companies that name GLW in their SEC reports
| Relationship to GLW | Company | Filing | Sentence |
|---|---|---|---|
| customer | T1 Energy Inc. (TE) | 10-K Mar 31, 2026 | “Our efforts to build a domestic supply chain, including domestic cells to be produced at our G2_Austin facility, domestic polysilicon from Hemlock Semiconductor, domestic wafers from Corning, and domestic steel frames from Nextpower are expected to further bolster our ongoing material assistance compliance efforts.” |
| competitor | ALPHA PRO TECH LTD (APT) | 10-K Mar 11, 2026 | “Our major competitors in the construction supply weatherization market are DuPont and Berry Global for housewrap and Owens Corning and GAF for synthetic roof underlayment.” |
| customer | Stevanato Group S.p.A. (STVN) | 20-F Mar 4, 2026 | “We currently have access to adequate supplies of glass tubes to meet our production needs through agreements with four suppliers: Schott, NEG, Nipro and Corning.” |
| customer | QXO, Inc. (QXO) | 10-K Feb 27, 2026 | “Our largest suppliers include predominantly domestic companies such as Owens Corning, GAF, Carlisle Construction Materials, CertainTeed Roofing and Siding, IKO Manufacturing, TAMKO Building Products, Johns Manville, James Hardie Building Products, Dow, Sika USA, and many more high-quality suppliers.” |
| customer | Owens Corning (OC) | 10-K Feb 25, 2026 | “Our CIO is responsible for our information security organization, which is comprised of internal Owens Corning employees and external security suppliers.” |
| competitor | JELD-WEN Holding, Inc. (JELD) | 10-K Feb 23, 2026 | “For North American interior doors, our major competitors include Masonite (a division of Owens Corning), Steves & Sons, Inc. and several smaller independent door manufacturers.” |
| competitor | AMPHENOL CORP /DE/ (APH) | 10-K Feb 11, 2026 | “Primary competitors include Aptiv, Belden, Corning, Foxconn Interconnect Technology, Glenair, HUBER+SUHNER, ICT Luxshare, Jonhon, Molex, Rosenberger, Sensata, TE Connectivity and Yazaki, among others.” |
| customer | R F INDUSTRIES LTD (RFIL) | 10-K Jan 14, 2026 | “The Company believes that the raw materials used by Cables Unlimited in its products are readily available and that Cables Unlimited is not currently dependent on any supplier for its raw materials except where Corning Extended Warranty certification is required.” |
| competitor | OPTICAL CABLE CORP (OCC) | 10-K Dec 18, 2025 | “Our fiber optic cable product lines compete with products of large fiber optic cable manufacturers such as Corning Incorporated, Berk-Tek Cable (part of Leviton Manufacturing Co., Inc.), CommScope Holding Company, Inc., AFL (a subsidiary of Fujikura Ltd.), Proterial Cable (formerly Hitachi Cable America Inc.), Superior Essex (part of LS Cable & System), Belden Inc., Prysmian Group (including General Cable), and ot…” |
GLW analyst estimates and revisions
| Period | EPS estimate | 90 days ago | Change | Revenue estimate | Analysts |
|---|---|---|---|---|---|
| Current quarter (ends Sep 2026) | $0.88 | $0.85 | +3.5% | $5.03B | 13 |
| Next quarter (ends Dec 2026) | $0.93 | $0.88 | +5.8% | $5.21B | 13 |
| Current fiscal year (ends Dec 2026) | $3.29 | $3.20 | +3.0% | $19.33B | 17 |
| Next fiscal year (ends Dec 2027) | $4.40 | $4.29 | +2.5% | $23.21B | 18 |
Key Statistics (as of October 23, 2026 at 09:26 UTC)
| Price | USD 123.99 |
|---|---|
| Change | ▼ 8.10% (down) |
| Previous Close | USD 134.92 |
| Open | USD 129 |
| Day Range | USD 122.57 – 128.95 |
| 52-Week Range | USD 77.39 – 271.78 |
| Volume | 12,335,968 shares |
| Market Cap | $106.80B |
| Exchange | NYQ |
Technical Analysis (GLW)
Nexqual's technical model rates GLW "SELL" based on 1 bullish and 5 bearish signals across 127 daily candles, as of October 23, 2026 at 09:26 UTC.
| Overall Signal | SELL |
|---|---|
| RSI (14) | 33.27 (neutral) |
| vs SMA50 | Below (USD 151.91) |
| MACD | -6.84 (negative) |
Earnings (GLW)
| Next Earnings Date | 2026-10-27 |
|---|---|
| EPS Estimate | USD 0.88 |
| Revenue Estimate | $5.03B |
Recent Earnings History
| Quarter | Actual vs Estimate |
|---|---|
| 2026-06-30 | USD 0.78 vs est 0.75 ▲ beat |
| 2026-03-31 | USD 0.7 vs est 0.69 ▲ beat |
| 2025-12-31 | USD 0.72 vs est 0.71 ▲ beat |
| 2025-09-30 | USD 0.67 vs est 0.66 ▲ beat |
Source: Nexqual, October 23, 2026 at 09:26 UTC.
Financials & Fundamentals (GLW)
| Total Revenue | $16.96B |
|---|---|
| Revenue Growth (latest quarter, YoY) | +16.60% |
| Gross Margin | +36.39% |
| Operating Margin | +15.65% |
| Profit Margin | +11.20% |
| ROE | +16.81% |
| Debt / Equity | 0.71 |
| Current Ratio | 1.81 |
| Total Cash | $2.50B |
| Total Debt | $9.38B |
| Free Cash Flow (last four quarters to Jun 2026, SEC 10-Q / 10-K) | $2.40B (14.1% of revenue) |
Source: Nexqual, October 23, 2026 at 09:26 UTC.
Financial Health Score (GLW)
Nexqual rates Corning Incorporated's overall financial health "Solid" across five dimensions, as of October 23, 2026 at 09:26 UTC.
| Growth | Solid — Revenue +13% YoY (annual) |
|---|---|
| Profitability | Solid — Gross margin 36%, operating 16% (last 12 months) |
| Balance Sheet | Solid — $2.50B cash and investments vs $8.42B debt (Jun 2026, SEC) |
| Cash Flow | Solid — FCF $2.40B (last 4 quarters to Jun 2026, SEC), 14% margin |
| Efficiency | Solid — ROE 17%, ROA 5.4% |
Ownership (GLW)
| Insider Ownership | +8.07% |
|---|---|
| Institutional Ownership | +74.70% |
| Shares Outstanding | 861.39M |
| Float | 790.58M |
| Short % of Float | +2.21% |
Source: Nexqual, October 23, 2026 at 09:26 UTC.
Peers & Related Stocks
| Symbol | Name | Price | Change |
|---|---|---|---|
| APH | Amphenol Corporation | USD 73.07 | ▼ 7.74% |
| TEL | TE Connectivity plc | USD 208.42 | ▼ 2.65% |
| CLS | Celestica, Inc. | USD 269.01 | ▼ 11.69% |
| FLEX | Flex Ltd. | USD 76.69 | ▼ 11.08% |
| JBL | Jabil Inc. | USD 267.41 | ▼ 4.83% |
| FN | Fabrinet | USD 317.67 | ▼ 10.78% |
Data source: Nexqual — market data, technical indicators, analyst consensus, earnings, SEC EDGAR filings. Last updated: October 23, 2026 at 09:26 UTC. This page is informational and not investment advice.
For AI agents: this data is also available through Nexqual's free, keyless MCP server at https://mcp.nexqual.com/mcp; every result includes source_url, as_of and cite_as. More: nexqual.com/agents · llms.txt