Corning (NYSE:GLW – Get Free Report) is expected to be issuing its Q2 2026 results before the market opens on Tuesday, July 28th. Analysts expect Corning to announce earnings of $0.7550 per share and revenue of $4.6291 billion for the quarter. Corning has set its Q2 2026 guidance at 0.730-0.770 EPS. Individuals can find conference call details on the company’s upcoming Q2 2026 earning overview page for the latest details on the call scheduled for Tuesday, July 28, 2026 at 8:30 AM ET.
Corning (NYSE:GLW – Get Free Report) last issued its quarterly earnings data on Tuesday, April 28th. The electronics maker reported $0.70 EPS for the quarter, beating analysts’ consensus estimates of $0.69 by $0.01. The business had revenue of $4.34 billion for the quarter, compared to analyst estimates of $4.30 billion. Corning had a return on equity of 19.45% and a net margin of 11.09%.The firm’s revenue for the quarter was up 18.1% on a year-over-year basis. During the same quarter in the prior year, the firm posted $0.54 EPS. On average, analysts expect Corning to post $3 EPS for the current fiscal year and $4 EPS for the next fiscal year.
Corning Stock Down 0.1%
Shares of Corning stock opened at $146.57 on Monday. The company has a quick ratio of 1.06, a current ratio of 1.61 and a debt-to-equity ratio of 0.62. The stock has a 50 day moving average price of $188.01 and a two-hundred day moving average price of $155.61. The stock has a market capitalization of $126.14 billion, a P/E ratio of 70.13, a PEG ratio of 1.93 and a beta of 1.09. Corning has a 12-month low of $54.89 and a 12-month high of $271.78.
Corning Dividend Announcement
Analyst Ratings Changes
GLW has been the topic of several research analyst reports. Mizuho raised their price objective on shares of Corning from $220.00 to $270.00 and gave the stock an “outperform” rating in a research note on Wednesday, July 1st. Susquehanna upped their target price on shares of Corning from $125.00 to $180.00 and gave the company a “positive” rating in a research note on Wednesday, April 29th. Barclays increased their price target on shares of Corning from $149.00 to $180.00 and gave the company an “equal weight” rating in a report on Friday, May 8th. Oppenheimer raised their price target on shares of Corning from $210.00 to $230.00 and gave the stock an “outperform” rating in a research report on Tuesday, July 7th. Finally, Truist Financial boosted their price objective on shares of Corning from $149.00 to $205.00 and gave the stock a “hold” rating in a report on Monday, June 22nd. Nine investment analysts have rated the stock with a Buy rating and seven have assigned a Hold rating to the company. According to MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $194.69.
Insiders Place Their Bets
In other Corning news, SVP Jaymin Amin sold 27,395 shares of the business’s stock in a transaction on Friday, May 22nd. The shares were sold at an average price of $192.14, for a total value of $5,263,675.30. Following the sale, the senior vice president owned 94,400 shares of the company’s stock, valued at $18,138,016. The trade was a 22.49% decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed through this link. Also, SVP Soumya Seetharam sold 20,000 shares of the stock in a transaction on Monday, May 11th. The shares were sold at an average price of $206.23, for a total transaction of $4,124,600.00. Following the completion of the transaction, the senior vice president owned 25,570 shares of the company’s stock, valued at approximately $5,273,301.10. This represents a 43.89% decrease in their position. The SEC filing for this sale provides additional information. Insiders sold a total of 160,655 shares of company stock valued at $30,692,560 in the last ninety days. 0.25% of the stock is currently owned by insiders.
Institutional Trading of Corning
A number of institutional investors and hedge funds have recently added to or reduced their stakes in GLW. State Street Corp lifted its stake in Corning by 1.2% during the third quarter. State Street Corp now owns 37,008,856 shares of the electronics maker’s stock worth $3,035,836,000 after purchasing an additional 439,883 shares during the period. Ameriprise Financial Inc. grew its stake in shares of Corning by 8.1% in the 2nd quarter. Ameriprise Financial Inc. now owns 13,763,148 shares of the electronics maker’s stock valued at $724,432,000 after purchasing an additional 1,036,988 shares during the period. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC raised its holdings in shares of Corning by 13.5% in the 4th quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 5,112,418 shares of the electronics maker’s stock worth $447,643,000 after buying an additional 607,848 shares in the last quarter. Amundi raised its holdings in shares of Corning by 6.6% in the 4th quarter. Amundi now owns 4,655,254 shares of the electronics maker’s stock worth $407,614,000 after buying an additional 286,762 shares in the last quarter. Finally, Raymond James Financial Inc. lifted its position in shares of Corning by 19.2% during the 3rd quarter. Raymond James Financial Inc. now owns 4,063,112 shares of the electronics maker’s stock worth $333,295,000 after buying an additional 655,504 shares during the period. Institutional investors own 69.80% of the company’s stock.
About Corning
Corning Incorporated is a global manufacturer specializing in specialty glass, ceramics and related materials and technologies. Headquartered in Corning, New York, the company supplies engineered materials and components used across multiple industries, including consumer electronics, telecommunications, automotive emissions control, pharmaceutical and life sciences, and industrial and scientific applications. Corning emphasizes materials science and precision manufacturing to develop durable, high-performance glass and ceramic products.
Key product lines include specialty display glass used by television and mobile-device manufacturers, cover glass marketed under well-known trade names for smartphones and tablets, and optical fiber and cable and related hardware for telecommunications networks.
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