Consider Our Overview Before Taking a Position in GLW

Shares of Corning have moved -0.7% today, and are now trading at a price of $32.91. In contrast, the S&P 500 index saw a -0.0% change. Today's trading volume is 668,563 compared to the stock's average volume of 4,784,385.

Corning Incorporated engages in the display technologies, optical communications, environmental technologies, specialty materials, and life sciences businesses in the United States and internationally. Based in Corning, United States the company has 49,800 full time employees and a market cap of $28,083,560,448. Corning currently offers its equity investors a dividend that yields 3.4% per year.

The company is now trading -5.17% away from its average analyst target price of $34.7 per share. The 10 analysts following the stock have set target prices ranging from $29.0 to $40.0, and on average give Corning a rating of buy.

Over the last 52 weeks, GLW stock has risen 0.9%, which amounts to a -31.1% difference compared to the S&P 500. The stock's 52 week high is $36.02 whereas its 52 week low is $25.26 per share. With its net margins declining an average -10.9% over the last 6 years, Corning may not have a strong enough profitability trend to support its stock price.

Date Reported Total Revenue ($ k) Net Profit ($ k) Net Margins (%) YoY Growth (%)
2023 13,000,000 585,000 4 -55.56
2022 14,189,000 1,316,000 9 -35.71
2021 14,082,000 1,906,000 14 180.0
2020 11,303,000 512,000 5 -37.5
2019 11,503,000 960,000 8 -11.11
2018 11,290,000 1,066,000 9 n/a
The above analysis is intended for educational purposes only and was performed on the basis of publicly available data. It is not to be construed as a recommendation to buy or sell any security. Any buy, sell, or other recommendations mentioned in the article are direct quotations of consensus recommendations from the analysts covering the stock, and do not represent the opinions of Market Inference or its writers. Past performance, accounting data, and inferences about market position and corporate valuation are not reliable indicators of future price movements. Market Inference does not provide financial advice. Investors should conduct their own review and analysis of any company of interest before making an investment decision.