CORNING INC /NY
Corning develops and manufactures materials and products using glass science, ceramic science and optical physics for customers across optical communications, display, mobile consumer electronics, automotive, life sciences, semiconductors and solar markets. It manufactures products in 14 countries and operates five reportable segments: Optical Communications, Display, Specialty Materials, Automotive and Life Sciences. Its products include optical fiber, cable and connectivity solutions for carrier and enterprise networks; glass substrates for LCD and OLED displays; specialty glass, optics and materials including Gorilla Glass for mobile devices; ceramic emissions-control substrates and filters, and technical glass for vehicles; and laboratory consumables, equipment, media and serum. Life Sciences products are marketed globally, primarily through distributors, to pharmaceutical and biotechnology companies, research and testing organizations, academic institutions, hospitals and government entities. Other businesses include polysilicon, solar products and pharmaceutical glass tubing and vials. Corning is headquartered in Corning, New York.
Reads like this one publish minutes after the filing lands on EDGAR. Get them as JSON over the API or inside your AI agent over MCP.
No SEC Form 4 filings for $GLW in the last 30 days.
See all $GLW insider activity →Apple's iPhone revenue rose 17% to $57.6B in Q4, while Qualcomm's handset chip revenue fell 26% YoY. Corning and Arm also reported declines in phone-linked sales. Rising memory costs, driven by AI data center demand, are squeezing margins and supply chains. Apple guided holiday-quarter gross margin down to 45-46%.
Apple (AAPL) reported 17% iPhone revenue growth, while Qualcomm (QCOM) saw a 26% drop in handset chip revenue. Corning (GLW) and Arm (ARM) cited a softer smartphone market. All four companies noted rising memory chip costs. Apple's iPhone revenue was $57.6B in Q4, with full-year sales at $254B, 53% of total revenue. Qualcomm's auto chip revenue surged 89%. Corning's glass segment sales slipped 3%, while optical communications grew 44%. Arm's royalty revenue declined to $670M in Q3.
The Democratic Party won control of the U.S. Senate and House in the midterms, leading to a sharp sell-off in tech stocks. The Nasdaq dropped 5.5% on AI regulation fears, with Nvidia and Micron among the hardest hit. Investors are concerned about tighter data center rules under Democratic control.
Over the past 7 days, AlphAI's AI scored 13 news stories mentioning GLW (CORNING INC /NY). Coverage has skewed bearish: 2 bullish, 4 neutral, and 7 bearish.
Recent GLW coverage spans earnings, technology and market movers.
Lower glass sales tied to iPhone slowdown may hurt Corning's near‑term earnings.
Mixed results; glass weakness offset by strong growth elsewhere.
Corning’s exposure to data‑center optics faces regulatory headwinds.
Target cut suggests analysts see less upside, likely pressuring the stock.
Potential increase in Corning's exposure to data center fiber demand in Asia.
AlphAI scores every news story that mentions GLW with an AI model for sentiment and relevance, and aggregates insider trades from CORNING INC /NY's SEC EDGAR Form 4 filings. Figures refresh continuously.
Apple's iPhone revenue rose 17% to $57.6B in Q4, while Qualcomm's handset chip revenue fell 26% YoY. Corning and Arm also reported declines in phone-linked sales. Rising memory costs, driven by AI data center demand, are squeezing margins and supply chains. Apple guided holiday-quarter gross margin down to 45-46%.
Apple (AAPL) reported 17% iPhone revenue growth, while Qualcomm (QCOM) saw a 26% drop in handset chip revenue. Corning (GLW) and Arm (ARM) cited a softer smartphone market. All four companies noted rising memory chip costs. Apple's iPhone revenue was $57.6B in Q4, with full-year sales at $254B, 53% of total revenue. Qualcomm's auto chip revenue surged 89%. Corning's glass segment sales slipped 3%, while optical communications grew 44%. Arm's royalty revenue declined to $670M in Q3.
The Democratic Party won control of the U.S. Senate and House in the midterms, leading to a sharp sell-off in tech stocks. The Nasdaq dropped 5.5% on AI regulation fears, with Nvidia and Micron among the hardest hit. Investors are concerned about tighter data center rules under Democratic control.
Corning Incorporated's average stock price target was reduced from $180.69 to $178.73 by 15 analysts, with a range of $132 to $220. This implies a 50% upside from the Nov. 4 closing price. The consensus rating remains 'Buy' among 22 analysts.
Corning has begun producing optical connectivity products in Pune, India, and plans to build a larger adjacent plant by 2027. This expansion is driven by increased demand for data center fiber, fueled by AI growth, particularly in the US.
AI's growth is increasing demand for fiber optics, with companies like Corning expanding production. Hyperscalers such as Meta and Amazon are securing long-term fiber supply deals. Innovations like hollow-core fiber aim to boost data transmission speeds. Corning reported a 44% year-over-year sales jump in its optical communications division, with GenAI product sales more than doubling.
Corning's CFO expects sales to double to $40 billion by 2030, with earnings per share growing faster than sales. CEO Wendell Weeks emphasizes long-term customer partnerships based on shared risk and technical collaboration to capture networking demand.
Nvidia, Nike, and 10 other companies objected to OKX-ICE's tokenized stock venue, bringing total objections to 50. The venue, a joint venture between ICE and OKX, plans to offer tokenized U.S. stocks. Companies have 30 days to object under SEC rules. Nasdaq reportedly encouraged some firms to opt out, citing concerns about price transparency and trade reporting.
Corning Inc. (NYSE: GLW) shares have surged 44% in 2026, driven by demand for its fiber-optic data center cables used in AI infrastructure. The company's optical communications revenue grew 44% year-over-year, with AI-related sales up over 100%. Corning expects revenue to reach $30B by 2028 and $40B by 2030. Despite a high P/E ratio of 40.6, analysts project earnings growth to 2027.
Corning reported Q3 2026 revenue of $4.86B, up 18.4% YoY, with net income rising 58.1% to $680M. EPS increased to $0.78. Optical Communications sales grew 44%, driven by AI data-center demand, while Solar sales rose 37%. Annualized core sales reached $20.3B, surpassing the company's $20B target.
