NYSE · US · Electronic Components

GLW Corning

Optical fiber and connectivity for AI halls

Tight but sold off Its supply chain is tightening but the stock is below its 50-day average — price and fundamentals disagree. (automatic: supply-chain trend + price vs 50-day average)

Fiber, Cable & Connectors · 68

Last close (delayed) · 2026-11-12

$119.5

−0.80% today

+15.5%

−15.2%

−27.9%

YTD

+37.2%

+35.4%

Off 52w high

−53.2%

Next earnings (est.): 2027-01-26

Market cap$103B

P/E (trailing)48.4Forward 26.3

EV / sales6.3×EV/EBITDA 24.9×

Revenue (TTM)$17.72BGrowth 18.4% y/y

Margins36.5%gross · op 16.8%

Free cash flow$870MCash $2.54B · debt $9.17B

Analyst target$174.9+46.4% upside · 18 analysts · strong buy

Riskβ 1.23Short 2.2% of float · yield 0.93%

Fundamentals from public market data, refreshed daily (2026-11-12 22:21 UTC). Figures in reporting currency.

GLW · price with what management and the data said

Supply tighteningBeat / raiseMiss / cutData releaseEasing Hover a numbered marker for details · dashed lines = 50- and 200-day averages

Timeline: management commentary, data & earnings

8 events

8

2026-10-27EarningsBeat / raise

Reported EPS 0.91 vs 0.88 expected (+3.4% surprise).
7

2026-07-28EarningsBeat / raise

Reported EPS 0.78 vs 0.75 expected (+3.5% surprise).
6

2026-04-28EarningsBeat / raise

Reported EPS 0.7 vs 0.69 expected (+1.2% surprise).
5

2026-01-28EarningsBeat / raise

Reported EPS 0.72 vs 0.71 expected (+2.1% surprise).
4

2025-10-28EarningsBeat / raise

Reported EPS 0.67 vs 0.66 expected (+0.8% surprise).
3

2025-07-29EarningsBeat / raise

Reported EPS 0.6 vs 0.57 expected (+5.1% surprise).
2

2025-04-29EarningsBeat / raise

Reported EPS 0.54 vs 0.51 expected (+5.4% surprise).
1

2025-01-29EarningsBeat / raise

Reported EPS 0.57 vs 0.56 expected (+2.1% surprise).

Latest headlines

Auto-updated daily

Earnings history

EPS vs expectations

Date	Expected EPS	Reported EPS	Surprise
2026-10-27	0.88	0.91	+3.4%
2026-07-28	0.75	0.78	+3.5%
2026-04-28	0.69	0.7	+1.2%
2026-01-28	0.71	0.72	+2.1%
2025-10-28	0.66	0.67	+0.8%
2025-07-29	0.57	0.6	+5.1%
2025-04-29	0.51	0.54	+5.4%
2025-01-29	0.56	0.57	+2.1%
2024-10-29	0.52	0.54	+3.0%
2024-07-30	0.47	0.47	−0.1%
2024-04-30	0.35	0.38	+8.4%
2024-01-30	0.41	0.39	−4.1%
2023-10-24	0.47	0.45	−5.0%
2023-07-25	0.45	0.45	−0.3%
2023-04-25	0.39	0.41	+4.7%
2023-01-31	0.44	0.47	+6.8%
2022-10-25	0.51	0.51	−0.1%
2022-07-26	0.56	0.57	+1.2%
2022-04-26	0.49	0.54	+9.2%
2022-01-26	0.52	0.54	+4.1%
2021-10-26	0.58	0.56	−2.7%
2021-07-27	0.51	0.53	+3.6%
2021-04-27	0.43	0.45	+5.0%
2021-01-27	0.49	0.52	+6.6%

About Corning

Website ↗

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, optical components and couplers, closures, network interface devices, and other accessories for the telecommunications industry, businesses, governments, and individuals. It also offers glass substrates for flat panel displays, including liquid crystal displays and organic light-emitting diodes that are used in televisions, notebook computers, desktop monitors, tablets, and handheld devices. In addition, it manufactures products that offer material formulations for glass, glass ceramics, crystals, precision metrolog…

67,200 employees · Corning, United States

Fiber, Cable & Connectors

AI halls use many times the fiber of a conventional data centre. High-density fiber and connectors became capacity-constrained alongside optics.

Glass preform→Fiber→Cable→Connector

What would prove us wrong. Weakens if fiber pricing softens with new capacity while AI builds continue.

Peers at the same bottleneck

Who else supplies this

Stock	Role	Last	1D	1M	YTD
5803.T Fujikura	High-density optical fiber and cable	¥3,002.0	−3.81%	−40.8%	+4.6%
5802.T Sumitomo Electric	Optical fiber, HV cable and compound semis	¥1,555.0	−1.68%	−32.2%	+0.3%
APH Amphenol	Connectors and interconnect for AI racks	$79.62	+0.39%	−3.7%	+18.4%

Not investment advice. Prices delayed and in local currency. Quotes in "double quotes" are verbatim as reported by the linked source; other commentary is our paraphrase. Earnings dates are estimates.