Corning Inc (GLW)

Corning's stock has experienced notable movements in the past six months. As of January 6, 2026, the share price was $89.25, representing an increase of 86.52% from January 7, 2025. In Q3 CY2025, Corning reported EPS of $0.67, beating estimates, but missed revenue expectations. Despite the revenue miss, the stock soared 7.1% following the Q3 results. Earlier, in July 2024, Corning raised its second-quarter sales forecast, expecting core sales to reach approximately $3.6 billion, driven by rising demand for its optical product portfolio used in generative AI applications.

Demand for Corning's products and services is influenced by several factors, leading to some seasonality, particularly tied to broader economic cycles and specific industry trends. Demand in Optical Communications is linked to spending in the telecom industry and the build-out of data centers. Demand for display glass can be impacted by consumer spending cycles. Demand for ceramic emission control devices is tied to automotive production cycles and evolving global emission standards. Demand for Gorilla Glass is highly dependent on the smartphone and mobile device market. Corning's performance can be influenced by general economic conditions and capital expenditure trends across its customer base.

Corning Incorporated is a multinational technology company specializing in glass, ceramics, and related materials for industrial and scientific applications. The company operates within the technology sector, focusing on glass and ceramic materials. Corning's business is structured around five main market-access platforms: Optical Communications, Display Technologies, Specialty Materials, Environmental Technologies, and Life Sciences. Its major products include optical fibers and cables, glass substrates for flat panel displays, Gorilla Glass, ceramic substrates and filters for emission control systems, and laboratory products.

Corning Incorporated has a significant global presence, with its world headquarters in Corning, New York. The company operates over 77 manufacturing facilities and more than 10 research and development facilities globally, employing over 60,000 people worldwide. Corning's operations span across the United States, Canada, Mexico, Japan, Taiwan, China, South Korea, Germany, and other international locations.

Corning has maintained a strong brand reputation over the past year through innovation and strategic partnerships. The company received recognition in the CES 2026 Innovation Awards for its glass surface treatments. A significant event reinforcing its reputation is the continued strong relationship with major customers like Apple Inc., which previously invested $250 million in Corning.

Corning Incorporated has a diverse ownership structure, with institutional investors holding a significant portion of the company's stock, approximately 61.87% to 69.80%. Major institutional shareholders include Vanguard Group Inc., BlackRock, Inc., State Street Corp, and Samsung Electronics Co., Ltd. Individual investors and public companies hold a substantial portion as well, with retail investors owning approximately 37.93% of the stock. Insiders hold a smaller percentage, around 0.21% to 0.40% of the stock.