The information provided on EL7.AI is for educational and informational purposes only and does not constitute financial advice.
The information provided on EL7.AI is for educational and informational purposes only and does not constitute financial advice.
| Factor | Score | Distribution | Value | Avg | Rank |
|---|---|---|---|---|---|
Valuation | 16 | 71.1x | 20.8x | Bottom tier | |
Growth | 92 | 20.1% | 6.1% | Top tier | |
Quality | 61 | 11.3% | 6.6% | Around median | |
Safety | 68 | 1.9x | 0.7x | Top tier | |
Capital Return | 27 | 0.76% | 2.02% | Bottom tier | |
Momentum | 83 | 242.4% | 4.1% | Top tier | |
Sentiment | 52 | 9 | 3 | Around median |
Estimates — analyst targets and a simplified DCF, not investment advice.
Ten ratios that matter, each compared against its sector median and average — so you can see whether a number is rich or cheap relative to peers in the same sector.
Corning Incorporated is a global leader in materials science, specializing in the innovation and manufacturing of advanced glass, ceramics, and optical physics. The company generates its profits through four main operating segments that were recently restructured to include: the Optical Communications segment, which serves artificial intelligence data centers and telecommunications networks; the Glass Innovations segment, which integrates display glass and specialty materials businesses such as Gorilla Glass and semiconductor applications; the Automotive segment, specializing in emissions control and displays; and the newly spun-off Solar segment, which focuses on polysilicon, wafer, and solar module production.
According to recent financial reports for the first quarter of 2026, Corning achieved revenues of $4.1 billion (while core sales, non-GAAP, reached $4.35 billion, an 18% increase year-over-year). The company recorded a gross profit of $1.5 billion and a net income of $371.0 million, equivalent to earnings per share of $0.43 (while core earnings per share reached $0.70, a 30% increase). This strong performance was led by the Optical Communications segment with sales of $1.8 billion (a 36% increase year-over-year) and a net income of $387 million, alongside the new Solar segment which achieved sales of $370 million, an 80% annual increase.
Corning Incorporated stock has a positive analyst consensus recommending 'Buy', with an average price target of $169.11, an optimistic ceiling reaching $228 as the highest target, and a floor of $120 as the lowest target. The stock is currently trading within a 52-week range of $49.97 to $211.79, driven by the strong momentum of the optical fiber segment dedicated to AI, and the company plans to rely on share repurchases as a primary tool to return excess capital to shareholders in the future.
Figures in the text are as of 2026-06-17; the live price is shown at the top of the page.
Corning signed a multi-billion dollar deal with Amazon in June 2026 to secure the optical fiber supplies needed to support Amazon's generative AI data centers and infrastructure. This massive deal led to an 8% jump in Corning's stock price on June 8, 2026, and comes as part of Corning's strategy to expand its provision of innovative optical connectivity solutions to major cloud providers.
The Solar segment achieved significant sales growth of 80% year-over-year to reach $370 million in the first quarter of 2026, supported by strong US demand and the activation of idle polysilicon assets. Despite this growth, the segment recorded net income of only $7 million (a decrease of $20 million from the previous year) due to the costs of operating and expanding the solar wafer plant, which is undergoing a phase of growth and operational upgrade.
Corning expects its sales in the second quarter of 2026 to grow by 14% year-over-year to reach approximately $4.6 billion, with earnings per share growing by 25% to range between $0.73 and $0.77. This outlook includes incurring an additional $30 million in expenses compared to the first quarter due to the extended maintenance shutdown of the solar wafer plant to transition to a permanent power system and upgrade equipment to increase future productivity.
Automated analysis for informational purposes only — not investment advice.
In addition to the Meta agreement valued at up to $6 billion, Corning succeeded in signing two long-term agreements of similar size with two major cloud customers (hyperscalers) to support their AI ambitions. These agreements contribute to driving the growth of the Optical Communications segment, which recorded sales of $1.8 billion in the first quarter of 2026 (a 36% increase year-over-year), and rely on a capital expansion risk-sharing model to ensure high returns for shareholders.
Insider activity showed a 'strong sell' signal with net sales of $33.3 million over the last 3 months, with zero purchases recorded against 10 sales. Most notable among these transactions was the company's president selling shares worth $18.6 million on June 9, 2026, a move that came immediately after the stock's strong rally following the announcement of the massive multi-billion dollar deal with Amazon to secure optical fiber.