GLW Stock Recent News

Mizuho analyst John Roberts lowered the firm's price target on Corning to $52 from $58 and keeps an Outperform rating on the shares. The firm updated price targets in the chemicals, agriculture, and packaging sector to reflect the recent market multiple reductions, and only modestly reduce forward year estimates as Mizuho does not have a recession forecast. However, lower oil prices will reduce the gas-linked cost advantage for many of the basic chemical stocks, the analyst tells investors in a research note. The firm believes March quarter pre-buying for autos and electronics creates "risk for give-back near-term." 29 Apr 01 May

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Corning's diversified business model spans optical communications, display technologies, specialty materials, environmental technologies, and life sciences, driving balanced growth and strong financial performance. The "Springboard" strategic plan aims to accelerate revenue and achieve a 20% operating margin, with significant contributions from optics and specialty materials. Corning's financial health is robust, with controlled costs, strong EBITDA, and a moderate debt burden, supporting ongoing investments and shareholder returns.

Corning (GLW) is technically in oversold territory now, so the heavy selling pressure might have exhausted. This along with strong agreement among Wall Street analysts in raising earnings estimates could lead to a trend reversal for the stock.

ANET, GLW, JAZZ, AES and PPC are some of the stocks with high ROE to profit from as markets recoiled on tariff war.

In turbulent times like these, it's always interesting to see what some of today's top investors are doing with their portfolios.

Corning (GLW) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.

BOCA RATON, Fla.--(BUSINESS WIRE)-- #5G--Airspan Networks Holdings LLC ("Airspan"), a leading global provider of wireless network solutions, today announced the successful completion of its acquisition of Corning Incorporated's (NYSE:GLW) wireless business. With the acquisition now finalized, Airspan assumes full ownership and operational control of Corning's wireless assets, including its 6000 and 6200 distributed antenna systems (DAS) and its SpiderCloud 4G and 5G small cell radio access network (R.

Corning's advanced GlassWorks AI solution is set to support growing fiber densification requirements in data centers and generative AI use cases.

GLW's Corning Gorilla Glass Ceramic has added a new dimension to the toughness quotient of mobile devices.