Corning Inc

General ticker "GLW" information:

  • Sector: Information Technology
  • Industry: Electronic Equipment, Instruments & Components
  • Capitalization: $41.3B

Corning Inc follows the US Stock Market performance with the rate: 69.1%.

Estimated limits based on current volatility of 1.0%: low 46.65$, high 47.62$

Factors to consider:

  • Company included in S&P500 list
  • Company pays dividends: last record date 2024-11-15, amount 0.28$ (Y2.36%)
  • Current price 20.7% 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 2023-12-31 to 2025-12-30

  • 2023-12-31 to 2024-12-30 estimated range: [26.61$, 39.36$]
  • 2024-12-30 to 2025-12-30 estimated range: [31.36$, 44.75$]

Financial Metrics affecting the GLW estimates:

  • Positive: 0.93 < Non-GAAP EPS, $ of 1.70
  • Negative: Inventory ratio change, % of 1.85 > 1.08
  • Positive: -0.25 < Return on assets ratio (scaled to [-100,100]) of 2.22
  • Positive: -3.48 < Investing cash flow per share, $ of -1.18
  • Positive: 1.03 < Operating profit margin, % of 7.07
  • Positive: Industry inventory ratio change (median), % of 0.43 <= 0.49
  • Negative: Operating cash flow per share per price, % of 8.06 <= 12.76

Similar symbols

Short-term GLW quotes

Long-term GLW plot with estimates

Financial data

YTD 2021-12-31 2022-12-31 2023-12-31
Operating Revenue $14,082.00MM $14,189.00MM $12,588.00MM
Operating Expenses $11,970.00MM $12,751.00MM $11,698.00MM
Operating Income $2,112.00MM $1,438.00MM $890.00MM
Non-Operating Income $314.00MM $359.00MM $-74.00MM
Interest Expense $300.00MM $292.00MM $329.00MM
R&D Expense $995.00MM $1,047.00MM $1,076.00MM
Income(Loss) $2,426.00MM $1,797.00MM $816.00MM
Taxes $491.00MM $411.00MM $168.00MM
Profit(Loss) $1,935.00MM $1,386.00MM $648.00MM
Stockholders Equity $12,333.00MM $12,008.00MM $11,551.00MM
Inventory $2,481.00MM $2,904.00MM $2,666.00MM
Assets $30,154.00MM $29,499.00MM $28,500.00MM
Operating Cash Flow $3,412.00MM $2,615.00MM $2,005.00MM
Capital expenditure $1,637.00MM $1,604.00MM $1,390.00MM
Investing Cash Flow $-1,419.00MM $-1,355.00MM $-1,000.00MM
Financing Cash Flow $-2,452.00MM $-1,649.00MM $-883.00MM
Earnings Per Share* $1.30 $1.56 $0.69

* EPS are Split Adjusted, recent splits may be reflected with a delay.