Zacks Research Comments on Corning’s Q1 Earnings (NYSE:GLW)

Corning Incorporated (NYSE:GLW) – Research analysts at Zacks Research dropped their Q1 2026 earnings per share (EPS) estimates for shares of Corning in a research note issued to investors on Monday, November 24th. Zacks Research analyst Team now expects that the electronics maker will post earnings of $0.62 per share for the quarter, down from their prior forecast of $0.63. Zacks Research has a “Hold” rating on the stock. The consensus estimate for Corning’s current full-year earnings is $2.33 per share. Zacks Research also issued estimates for Corning’s Q2 2027 earnings at $0.73 EPS.

Other research analysts have also recently issued reports about the stock. Argus lifted their price objective on shares of Corning from $68.00 to $110.00 and gave the company a “buy” rating in a report on Wednesday, October 29th. Morgan Stanley set a $82.00 price target on shares of Corning in a research report on Wednesday, October 29th. Mizuho set a $97.00 price objective on Corning in a report on Wednesday, October 29th. Oppenheimer set a $100.00 price objective on Corning and gave the stock an “outperform” rating in a research note on Wednesday, October 29th. Finally, Citigroup lifted their target price on Corning from $93.00 to $99.00 and gave the company a “buy” rating in a research report on Wednesday, October 29th. One investment analyst has rated the stock with a Strong Buy rating, eleven have issued a Buy rating and three have assigned a Hold rating to the company. Based on data from MarketBeat, Corning presently has an average rating of “Moderate Buy” and an average price target of $91.64.

Corning Stock Performance

Shares of GLW stock opened at $83.68 on Thursday. The firm has a market capitalization of $71.75 billion, a PE ratio of 52.96, a price-to-earnings-growth ratio of 1.99 and a beta of 1.15. The firm has a fifty day simple moving average of $84.24 and a two-hundred day simple moving average of $67.06. The company has a current ratio of 1.56, a quick ratio of 0.93 and a debt-to-equity ratio of 0.62. Corning has a 12 month low of $37.31 and a 12 month high of $92.57.

Corning (NYSE:GLW) last issued its earnings results on Tuesday, October 28th. The electronics maker reported $0.67 earnings per share for the quarter, topping analysts’ consensus estimates of $0.66 by $0.01. Corning had a return on equity of 18.12% and a net margin of 9.16%.The company had revenue of $4.10 billion for the quarter, compared to analyst estimates of $4.24 billion. During the same period in the prior year, the firm earned $0.54 earnings per share. Corning’s revenue for the quarter was up 20.9% on a year-over-year basis. Corning has set its Q4 2025 guidance at 0.680-0.72 EPS.

Corning Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Friday, December 12th. Stockholders of record on Friday, November 14th will be given a dividend of $0.28 per share. This represents a $1.12 dividend on an annualized basis and a dividend yield of 1.3%. The ex-dividend date of this dividend is Friday, November 14th. Corning’s dividend payout ratio is currently 70.89%.

Insider Activity at Corning

In other news, EVP Lewis A. Steverson sold 23,142 shares of Corning stock in a transaction on Friday, October 31st. The stock was sold at an average price of $89.05, for a total value of $2,060,795.10. Following the completion of the transaction, the executive vice president directly owned 17,575 shares in the company, valued at approximately $1,565,053.75. The trade was a 56.84% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, SVP Stefan Becker sold 12,100 shares of the business’s stock in a transaction on Wednesday, October 29th. The shares were sold at an average price of $91.28, for a total value of $1,104,488.00. Following the sale, the senior vice president owned 5,049 shares in the company, valued at approximately $460,872.72. The trade was a 70.56% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 173,856 shares of company stock worth $15,456,476 in the last three months. Corporate insiders own 0.40% of the company’s stock.

Institutional Investors Weigh In On Corning

Several hedge funds and other institutional investors have recently modified their holdings of GLW. Brighton Jones LLC increased its holdings in Corning by 46.0% during the 4th quarter. Brighton Jones LLC now owns 6,705 shares of the electronics maker’s stock worth $319,000 after acquiring an additional 2,114 shares during the period. Retirement Planning Co of New England Inc. bought a new position in Corning in the 1st quarter valued at $729,000. AE Wealth Management LLC grew its position in shares of Corning by 32.2% during the 1st quarter. AE Wealth Management LLC now owns 6,476 shares of the electronics maker’s stock valued at $296,000 after purchasing an additional 1,576 shares in the last quarter. Cetera Investment Advisers increased its holdings in shares of Corning by 9.8% in the first quarter. Cetera Investment Advisers now owns 217,101 shares of the electronics maker’s stock worth $9,939,000 after purchasing an additional 19,312 shares during the period. Finally, Zurcher Kantonalbank Zurich Cantonalbank increased its holdings in shares of Corning by 2.8% in the first quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 166,717 shares of the electronics maker’s stock worth $7,632,000 after purchasing an additional 4,572 shares during the period. 69.80% of the stock is currently owned by institutional investors.

Corning Company Profile

Corning Incorporated engages in the display technologies, optical communications, environmental technologies, specialty materials, and life sciences businesses in the United States and internationally. The company's 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.