Corning Incorporated (GLW)
48.18 USD +0.20 (+0.42%) Volume: 9.06M
Corning Incorporated’s stock price stands at 48.18 USD, showcasing a positive shift of 0.42% this trading session with a trading volume of 9.06M. The stock has also witnessed a year-to-date percentage change of +1.39%, indicating a steady performance.
Latest developments on Corning Incorporated
Corning Inc has been making headlines recently with several key events leading up to today’s stock price movements. The company has expanded its presence in Michigan with Buell Motorcycles, further solidifying its manufacturing capabilities in the region. In addition, Corning Inc recently sold a manufacturing plant in a $60.6 million deal, showcasing its strategic business decisions. The company also made a significant move in the consumer electronics market by appointing former Corning executive John Bayne as General Manager of Consumer Electronics. This appointment is expected to spearhead Corning Inc‘s expansion into new markets, driving excitement among investors and potentially impacting the stock price today.
Corning Incorporated on Smartkarma
Analysts on Smartkarma, such as Baptista Research, have been closely following Corning Inc‘s performance. In a recent report titled “Corning Incorporated: Advancements in Automotive Glass Solutions & Key Growth Catalysts!”, Baptista Research highlights the company’s impressive first-quarter 2025 results. With a 13% year-over-year increase in sales to $3.7 billion and a significant growth in EPS, Corning Inc is on a positive trajectory. The company aims to add more than $4 billion in annualized sales and elevate operating margins to 20% by 2026 as part of its Springboard plan.
Another report by Baptista Research, titled “Corning Incorporated: Broadening Participation in Solar & Advanced Automotive Solutions For Upping Their Game! – Major Drivers”, discusses Corning Inc‘s strong fourth quarter and full-year 2024 results. Sales for the fourth quarter surged by 18% year-over-year to $3.9 billion, setting a record high. The company also saw a 46% increase in EPS and expanded its operating margin to 18.5%. Analysts are bullish on Corning Inc‘s performance and growth prospects based on these results.
A look at Corning Incorporated Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 3 | |
| Dividend | 5 | |
| Growth | 3 | |
| Resilience | 3 | |
| Momentum | 4 | |
| OVERALL SMART SCORE | 3.6 |
Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma
Corning Inc has received a mixed bag of scores in the Smartkarma Smart Scores, indicating a somewhat stable outlook for the company. With a high score in Dividend and Momentum, investors can expect consistent dividend payments and positive stock price momentum. However, the company scored lower in Value, Growth, and Resilience, suggesting that there may be challenges in terms of the company’s growth potential and overall resilience in the market.
Overall, Corning Inc is a global technology-based company that specializes in producing optical fiber, cable, and photonic components for the telecommunications industry. Additionally, the company manufactures various glass products for the information display industry. While the Smart Scores point to some areas of strength for Corning Inc, investors may want to consider the company’s overall outlook carefully before making investment decisions.
Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
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