Corning Incorporated
General ticker "GLW" information:
- Sector: Information Technology
- Industry: Electronic Equipment, Instruments & Components
- Capitalization: $48.8B (TTM average)
Corning Incorporated closely follows the US Stock Market performance with the rate: 76.2%.
Estimated limits based on current volatility of 1.6%: low 83.41$, high 86.05$
Factors to consider:
- Company included in S&P500 list
- Company pays dividends (irregularly): last record date 2025-11-14, amount 0.28$ (Y0.33%)
- Total employees count: 56300 (+13.1%) as of 2024
- China accounted for 35.8% of revenue in the fiscal year ended 2024-12-31
- US accounted for 39.4% of revenue in the fiscal year ended 2024-12-31
- Top business risk factors: Inflationary pressures, Supply chain disruptions, Manufacturing disruptions, Economic downturns and volatility, Climate change and natural disasters
- Current price 52.3% above estimated high
- Earnings for 9 months up through Q3 exceed our estimates
Stock Forecast*
* forecast is subjective and experimental, should not be used for any investment decisions
Long term estimates were made for the period from 2024-12-31 to 2026-12-31
- 2024-12-31 to 2025-12-31 estimated range: [38.85$, 56.10$]
- 2025-12-31 to 2026-12-31 estimated range: [40.40$, 58.57$]
Financial Metrics affecting the GLW estimates:
- Negative: with PPE of 24.2 at the end of fiscal year the price was very high
- Positive: 7.86 < Operating profit margin, % of 8.65
- Positive: 18.93 < Shareholder equity ratio, % of 38.53 <= 41.86
- Positive: 1.87 < Return on assets ratio (scaled to [-100,100]) of 2.09
- Positive: Inventory ratio change, % of -0.15 <= 0
- Positive: -4.48 < Investing cash flow per share per price, % of -1.84
- Positive: 0 < Industry operating cash flow per share per price (median), % of 2.05
- Positive: Industry inventory ratio change (median), % of -0.01 <= 0
- Negative: Industry earnings per price (median), % of 0 <= 0
Short-term GLW quotes
Long-term GLW plot with estimates
Financial data
| YTD | 2022-12-31 | 2023-12-31 | 2024-12-31 |
|---|---|---|---|
| Operating Revenue | $14,189.00MM | $12,588.00MM | $13,118.00MM |
| Operating Expenses | $12,751.00MM | $11,698.00MM | $11,983.00MM |
| Operating Income | $1,438.00MM | $890.00MM | $1,135.00MM |
| Non-Operating Income | $359.00MM | $-74.00MM | $-322.00MM |
| Interest Expense | $292.00MM | $329.00MM | $329.00MM |
| R&D Expense | $1,047.00MM | $1,076.00MM | $1,089.00MM |
| Income(Loss) | $1,797.00MM | $816.00MM | $813.00MM |
| Taxes | $411.00MM | $168.00MM | $221.00MM |
| Profit(Loss)* | $1,316.00MM | $581.00MM | $506.00MM |
| Stockholders Equity | $12,008.00MM | $11,551.00MM | $10,686.00MM |
| Inventory | $2,904.00MM | $2,666.00MM | $2,724.00MM |
| Assets | $29,499.00MM | $28,500.00MM | $27,735.00MM |
| Operating Cash Flow | $2,615.00MM | $2,005.00MM | $1,939.00MM |
| Capital expenditure | $1,604.00MM | $1,390.00MM | $965.00MM |
| Investing Cash Flow | $-1,355.00MM | $-1,000.00MM | $-744.00MM |
| Financing Cash Flow | $-1,649.00MM | $-883.00MM | $-1,164.00MM |
| Earnings Per Share** | $1.56 | $0.69 | $0.59 |
* Profit(Loss) attributable to entity.
** EPS are Split Adjusted, recent splits may be reflected with a delay.