Corning Incorporated (GLW): Price and Financial Metrics

Corning Incorporated (GLW)

Today's Latest Price: $31.97 USD

0.13 (-0.40%)

Updated Oct 30 4:03pm

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Overall POWR Rating

POWR Components:

 Trade Grade  Buy & Hold Grade  Peer Grade  Industry Rank

Industry Rank:

Ranked of 38 in Industrial - Manufacturing

See all "A" rated Strong Buy stocks

GLW Stock Summary

  • Corning Inc's market capitalization of $24,453,019,551 is ahead of 91.93% of US-listed equities.
  • Corning Inc's stock had its IPO on January 1, 1986, making it an older stock than 92.8% of US equities in our set.
  • GLW's current price/earnings ratio is 121.05, which is higher than 93.92% of US stocks with positive earnings.
  • Stocks with similar financial metrics, market capitalization, and price volatility to Corning Inc are GRMN, ZBRA, KLAC, ON, and JKHY.
  • Visit GLW's SEC page to see the company's official filings. To visit the company's web site, go to

GLW Stock Price Chart Interactive Chart >

Price chart for GLW

GLW Price/Volume Stats

Current price $31.97 52-week high $35.83
Prev. close $32.10 52-week low $17.44
Day low $31.28 Volume 4,503,486
Day high $32.12 Avg. volume 5,815,500
50-day MA $33.07 Dividend yield 2.74%
200-day MA $27.22 Market Cap 24.35B

Corning Incorporated (GLW) Company Bio

Corning manufactures and sells specialty glasses, ceramics, and related materials worldwide. The company operates through five segments: Display Technologies, Optical Communications, Environmental Technologies, Specialty Materials, and Life Sciences. The company was founded in 1851 and is based in Corning, New York.

GLW Price Forecast Based on DCF Valuation

Current PriceDCF Fair Value Target: Forecasted Gain:
$31.97$3.84 -88%

Below please find a table outlining a discounted cash flow forecast for GLW, in which we model out valuation assuming a variety of terminal growth rates. To summarize, we found that Corning Inc ranked in the 12th percentile in terms of potential gain offered. We should note, though, that the most conservative analysis suggests this stock will yield negative results -- and thus may be a potential short opportunity. In terms of the factors that were most noteworthy in this DCF analysis for GLW, they are:

  • The company's compound free cash flow growth rate over the past 5.46 years comes in at -0.2%; that's greater than just 7.69% of US stocks we're applying DCF forecasting to.
  • The weighted average cost of capital for the company is 8. This value is greater than only 15.26% stocks in the Technology sector that generate free cash flow.

Terminal Growth Rate in Free Cash FlowReturn Relative to Current Share Price

For other companies in the Technology that have a similar discounted cashflow valuation profile (and ensuing price forecasts) as GLW, try ON, SAP, EVOP, FEYE, and NUAN.

GLW Latest News Stream

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Latest GLW News From Around the Web

Below are the latest news stories about Corning Inc that investors may wish to consider to help them evaluate GLW as an investment opportunity.

Corning's Optical Thunderbolt 3 Cables Now Available in Lengths From 5 to 50 Meters

Back in March, we noted that optical Thunderbolt 3 cables were starting to become available some four years after the standard's debut. Availability of these high-end optical cables has taken another step forward recently, as Corning has begun shipping out its cables in lengths ranging from 5 meters to 50 meters. Corning's 10-meter optical Thunderbolt 3 cable Compared to passive and active copper Thunderbolt 3 cables that support relatively short lengths most appropriate for a desktop setting, optical cables allow for much longer cable lengths needed by certain professional and corporate users. But for anyone who wants to be able to put their computer and/or accessories like external storage some distance away from their workspace, such as for heat, noise, or aesthetic reasons, these ca...

Mac Rumors | September 30, 2020

Rapid Innovations in Blood Serum Market to Fuel Revenues Through 2025 With Thermo Fisher, Merck, Corning

The Blood Serum market 2020 research report is a detailed view of market opportunity by end-user segments, product Type segments, sales channels, key countries. It also provides market credentials such as history, various development and trends, market overview, regional markets

OpenPR | September 28, 2020

Insights into the Optical Fiber Preform Worldwide and Chinese Industry to 2026 - Featuring Corning, Sumitomo Electric & Fujikura Among Others -

DUBLIN--(BUSINESS WIRE)--The "Global and China Optical Fiber Preform Industry Report, 2020-2026" report has been added to's offering. Optical fiber preform as a hi-tech product and a crucial link in the optical fiber industry chain contributes to 70% or so of profit margin. Global 4G and FTTH construction at dusk leads to the shrinking demand for optical fibers and cables, so does for optical fiber preform. But the 5G construction produces a growing demand for not only op

Business Wire | September 28, 2020

SigmaSense Closes $22M Series A Funding Round with Groundbreaking Invention Enabling Touchless Touch Screens

AUSTIN, Texas--(BUSINESS WIRE)-- #Austin--SigmaSense, the global leader in touch screen performance, today announced the closing of $22 million in Series A funding led by Foxconn Technology Group with participation from strategic investors Corning, E Ink, GIS and MRI (managing partner of LG-MRI). Former Dell CFO Tom Meredith also participated in the round. SigmaSense intends to leverage these strategic and investor relationships to make its touch solutions the preeminent standard in the high-growth $4.7

Business Wire | September 23, 2020

Submarine Fiber Cable Market: COVID-19 Business Continuity Plan | Evolving Opportunities with Alcatel Submarine Networks Ltd. and Corning Inc. | Technavio

LONDON--(BUSINESS WIRE)-- #GlobalSubmarineFiberCableMarket--The Global Submarine Fiber Cable Market will grow by $ 4.34 bn during 2020-2024

Business Wire | September 14, 2020

Read More 'GLW' Stories Here

GLW Price Returns

1-mo -1.36%
3-mo 3.83%
6-mo 57.27%
1-year 11.38%
3-year 10.67%
5-year 95.55%
YTD 12.60%
2019 -1.02%
2018 -3.28%
2017 34.63%
2016 36.23%
2015 -18.32%

GLW Dividends

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Continue Researching GLW

Want to see what other sources are saying about Corning Inc's financials and stock price? Try the links below:

Corning Inc (GLW) Stock Price | Nasdaq
Corning Inc (GLW) Stock Quote, History and News - Yahoo Finance
Corning Inc (GLW) Stock Price and Basic Information | MarketWatch

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