Home 
Today's Top Picks 
Top Performers 
Watchlist 
My Robo Portfolios 
ETF Zone 
Help & Tutorial 
Cancel anytime
- Chart
- Upturn Summary
- Highlights
- Revenue
- Valuation
- Analyst Ratings
Upturn AI SWOT - About
GLW 
Corning Incorporated (GLW)
- BUY Advisory
- SELL Advisory (Profit)
- SELL Advisory (Loss)
- Profit
- Loss
- Pass (Skip investing)
Stock price based on last close (see disclosures)
- ALL
- YEAR
- MONTH
- WEEK
Upturn Advisory Summary
04/07/2025: GLW (3-star) is currently NOT-A-BUY. Pass it for now.
Upturn Star Rating
Moderate Performance
These Stocks/ETFs, based on Upturn Advisory, typically align with the market average, offering steady but unremarkable returns.
AI Based Fundamental Rating
Below Average Performance
These Stocks/ETFs, based on Upturn Advisory, often underperform the market, warranting careful consideration before investing.
Analysis of Past Performance
Type Stock | Historic Profit 14.85% | Avg. Invested days 47 | Today’s Advisory PASS |
Upturn Star Rating | Upturn Advisory Performance  2.0 | Stock Returns Performance  2.0 |
| Profits based on simulation | Last Close 04/07/2025 |
Key Highlights
Company Size Large-Cap Stock | Market Capitalization 33.94B USD | Price to earnings Ratio 68.29 | 1Y Target Price 55.46 |
Price to earnings Ratio 68.29 | 1Y Target Price 55.46 | ||
Volume (30-day avg) 7008541 | Beta 1.02 | 52 Weeks Range 29.93 - 55.01 | Updated Date 04/7/2025 |
52 Weeks Range 29.93 - 55.01 | Updated Date 04/7/2025 | ||
Dividends yield (FY) 2.87% | Basic EPS (TTM) 0.58 |
Analyzing Revenue: Products, Geography and Growth
Revenue by Products
Product revenue - Year on Year
Revenue by Geography
Geography revenue - Year on Year
Earnings Date
Report Date - | When - | Estimate - | Actual - |
Profitability
Profit Margin 3.86% | Operating Margin (TTM) 12.6% |
Management Effectiveness
Return on Assets (TTM) 3.08% | Return on Equity (TTM) 5.16% |
Valuation
Trailing PE 68.29 | Forward PE 16.56 | Enterprise Value 39797278327 | Price to Sales(TTM) 2.59 |
Enterprise Value 39797278327 | Price to Sales(TTM) 2.59 | ||
Enterprise Value to Revenue 3.03 | Enterprise Value to EBITDA 15.97 | Shares Outstanding 856777024 | Shares Floating 779319059 |
Shares Outstanding 856777024 | Shares Floating 779319059 | ||
Percent Insiders 8.94 | Percent Institutions 72.89 |
Analyst Ratings
Rating 3.93 | Target Price 52.99 | Buy 1 | Strong Buy 7 |
Buy 1 | Strong Buy 7 | ||
Hold 6 | Sell 1 | Strong Sell - | |
Strong Sell - |
Upturn AI SWOT
Corning Incorporated
Company Overview
History and Background
Corning Incorporated was founded in 1851 as Bay State Glass Co. It evolved from producing glass for light bulbs to pioneering specialized glass and materials science technologies.
Core Business Areas
- Display Technologies: Manufactures glass substrates for LCD and OLED displays used in televisions, laptops, and mobile devices.
- Optical Communications: Provides optical fiber, cable, hardware, and equipment for telecommunications networks.
- Specialty Materials: Develops and manufactures specialty glass and glass-ceramic materials for various applications, including mobile consumer electronics, semiconductor equipment, and aerospace.
- Environmental Technologies: Manufactures ceramic substrates and filters for emission control in mobile and stationary applications.
- Life Sciences: Supplies laboratory products, including plastic consumables, equipment, and reagents, to the life sciences industry.
Leadership and Structure
Wendell P. Weeks is the Chairman and Chief Executive Officer. The company has a typical corporate structure with various business segments headed by executive vice presidents and overseen by a board of directors.
Top Products and Market Share
Key Offerings
- Gorilla Glass: Chemically strengthened glass used for protecting displays on smartphones and other mobile devices. Gorilla Glass dominates the cover glass market, estimated above 40% market share. Competitors: AGC Dragontrail, Schott AG Xensation.
- Optical Fiber: Essential component for high-speed telecommunications networks. Corning is a leading supplier of optical fiber, with a market share around 30%. Competitors: Prysmian, CommScope, FiberHome.
- Ceramic Substrates and Filters: Used in automotive emission control systems to reduce pollutants. Competitors: NGK Insulators, Denso, IBIDEN.
Market Dynamics
Industry Overview
The specialty glass and materials science industry is driven by technological advancements and demand from various sectors, including consumer electronics, telecommunications, automotive, and healthcare.
Positioning
Corning Incorporated is a leading innovator in specialty glass and materials science, holding a strong competitive position due to its technological expertise, brand reputation, and established customer relationships.
Total Addressable Market (TAM)
The combined TAM for Corning's segments is estimated to be hundreds of billions of dollars. Corning is well-positioned in key areas such as optical communications and advanced display technologies.
Upturn SWOT Analysis
Strengths
- Strong brand reputation
- Extensive patent portfolio
- Technological innovation
- Global manufacturing footprint
- Diversified business segments
Weaknesses
- Dependence on key customers (e.g., Apple)
- Exposure to cyclical industries
- High capital expenditure requirements
- Sensitivity to raw material prices
- Impact of currency fluctuations
Opportunities
- Growing demand for 5G infrastructure
- Expansion of optical fiber in emerging markets
- Increased adoption of OLED displays
- Advancements in automotive emission control technologies
- Growth in the life sciences industry
Threats
- Intense competition
- Technological obsolescence
- Economic downturns
- Geopolitical risks
- Supply chain disruptions
Competitors and Market Share
Key Competitors
- PRY
- CSCO
- NGKLY
Competitive Landscape
Corning competes with various companies in its different segments. Its competitive advantages include its technological expertise, brand reputation, and established customer relationships. Disadvantages could include dependency on key customers, like Apple and the cyclicality of the industry.
Major Acquisitions
Alliance Fiber Optic Products, Inc.
- Year: 2016
- Acquisition Price (USD millions): 305
- Strategic Rationale: Expanded Corning's optical communications portfolio and strengthened its presence in the data center market.
Growth Trajectory and Initiatives
Historical Growth: Corning has experienced moderate growth over the past years, driven by innovation and expansion into new markets.
Future Projections: Analysts project continued growth for Corning, driven by demand for its products in the telecommunications, consumer electronics, and automotive sectors.
Recent Initiatives: Recent initiatives include investments in 5G-related optical fiber infrastructure, advanced display technologies, and automotive emission control solutions.
Summary
Corning Incorporated demonstrates robust innovation and a diversified business strategy. Its strength lies in its technological expertise and established market presence, particularly in the optical communications and specialty materials sectors. However, dependence on key customers and exposure to cyclical industries present challenges. Corning should focus on capitalizing on opportunities in emerging markets and mitigating risks associated with competition and economic fluctuations.
Similar Companies
AAPL
Apple Inc
AAPL
Apple Inc
CSCO
Cisco Systems Inc
CSCO
Cisco Systems Inc
SMCI
Super Micro Computer Inc
SMCI
Super Micro Computer Inc
Sources and Disclaimers
Data Sources:
- SEC Filings
- Investor Presentations
- Analyst Reports
- Company Website
Disclaimers:
The information provided is for informational purposes only and should not be considered financial advice. Market conditions and company performance are subject to change.
AI Summarization is directionally correct and might not be accurate.
Summarized information shown could be a few years old and not current.
Fundamental Rating based on AI could be based on old data.
AI-generated summaries may have inaccuracies (hallucinations). Please verify the information before taking action.
About Corning Incorporated
Exchange NYSE | Headquaters Corning, NY, United States | ||
IPO Launch date 1981-12-31 | Chairman & CEO Mr. Wendell P. Weeks | ||
Sector Technology | Industry Electronic Components | Full time employees 56300 | Website https://www.corning.com |
Full time employees 56300 | Website https://www.corning.com | ||
Corning Incorporated engages in the optical communications, display technologies, environmental technologies, specialty materials, and life sciences businesses in the United States and internationally. The company's Optical Communications segment 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. Its Display Technologies segment 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. The company's Specialty Materials segment manufactures products that offer material formulations for glass, glass ceramics, crystals, precision metrology instruments, and software, as well as glass wafers and substrates, tinted sunglasses, and radiation shielding products for various markets comprising mobile consumer electronics, semiconductor equipment optics and consumables, aerospace and defense optics, radiation shielding products, sunglasses, and telecommunications components. Its Environmental Technologies segment provides ceramic substrates and filter products for emissions control in mobile, gasoline, and diesel applications. The company's Life Sciences segment offers laboratory products, including consumables, such as plastic vessels, liquid handling plastics, specialty surfaces, cell culture media, and serum, as well as general labware, and glassware and equipment under the Corning, Pyrex, Falcon, and Axygen brands. The company was formerly known as Corning Glass Works and changed its name to Corning Incorporated in April 1989. Corning Incorporated was founded in 1851 and is headquartered in Corning, New York.
Upturn is now on iOS and Android!
Experience Upturn on your mobile. Install it now!
Note: This website is maintained by Upturn Corporation, which is an investment adviser registered with the U.S. Securities and Exchange Commission. Such registration does not imply a certain level of skill or training. Investing in securities has risks. Past performance is no guarantee of future returns. No assurance is provided as to any particular investment return, and you may lose money using our services. You are strongly advised to consult appropriate counsel before making any investments in companies you learn about through our services. You should obtain appropriate legal, tax, investment, accounting, and other advice that takes into account your investment portfolio and overall financial situation. You are solely responsible for conducting due diligence on a potential investment. We do not affect trades for you. You will select your own broker through which to transact. Investments are not FDIC insured, they are not guaranteed, and they may lose value. Please see the Privacy Policy, Terms of Use, and Disclosure for more information.