Corning (GLW) to Announce Earnings on Tuesday

Corning (NYSE:GLW) is expected to be releasing its Q2 2026 results before the market opens on Tuesday, July 28th. Analysts expect Corning to announce earnings of $0.7550 per share and revenue of $4.6291 billion for the quarter. Corning has set its Q2 2026 guidance at 0.730-0.770 EPS. Investors can find conference call details on the company’s upcoming Q2 2026 earning summary page for the latest details on the call scheduled for Tuesday, July 28, 2026 at 8:30 AM ET.

Corning (NYSE:GLW) last issued its quarterly earnings results on Tuesday, April 28th. The electronics maker reported $0.70 earnings per share for the quarter, beating analysts’ consensus estimates of $0.69 by $0.01. The business had revenue of $4.34 billion for the quarter, compared to the consensus estimate of $4.30 billion. Corning had a return on equity of 19.45% and a net margin of 11.09%.Corning’s revenue for the quarter was up 18.1% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.54 earnings per share. On average, analysts expect Corning to post $3 EPS for the current fiscal year and $4 EPS for the next fiscal year.

Corning Stock Down 6.1%

NYSE:GLW opened at $146.57 on Friday. Corning has a 1-year low of $54.89 and a 1-year high of $271.78. The firm has a market capitalization of $126.14 billion, a price-to-earnings ratio of 70.13, a PEG ratio of 1.93 and a beta of 1.09. The company has a current ratio of 1.61, a quick ratio of 1.06 and a debt-to-equity ratio of 0.62. The business’s fifty day moving average price is $188.01 and its 200 day moving average price is $155.14.

Corning Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, September 29th. Shareholders of record on Monday, August 31st will be paid a $0.28 dividend. This represents a $1.12 annualized dividend and a yield of 0.8%. The ex-dividend date is Monday, August 31st. Corning’s dividend payout ratio is currently 53.59%.

Insiders Place Their Bets

In other Corning news, SVP Jaymin Amin sold 27,395 shares of the firm’s stock in a transaction dated Friday, May 22nd. The stock was sold at an average price of $192.14, for a total transaction of $5,263,675.30. Following the transaction, the senior vice president directly owned 94,400 shares in the company, valued at $18,138,016. This trade represents a 22.49% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. Also, CEO Wendell P. Weeks sold 100,000 shares of the business’s stock in a transaction that occurred on Tuesday, June 9th. The stock was sold at an average price of $186.46, for a total value of $18,646,000.00. Following the completion of the sale, the chief executive officer owned 908,353 shares of the company’s stock, valued at approximately $169,371,500.38. This trade represents a 9.92% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders have sold 160,655 shares of company stock worth $30,692,560 in the last 90 days. 0.25% of the stock is owned by corporate insiders.

Hedge Funds Weigh In On Corning

Large investors have recently made changes to their positions in the business. Kemnay Advisory Services Inc. acquired a new stake in shares of Corning in the fourth quarter worth $27,000. Litman Gregory Wealth Management LLC acquired a new position in Corning during the 4th quarter valued at $31,000. JPL Wealth Management LLC bought a new stake in Corning in the 3rd quarter valued at $33,000. Sfam LLC bought a new stake in Corning in the 4th quarter valued at $35,000. Finally, WFA of San Diego LLC acquired a new stake in Corning in the 2nd quarter worth $38,000. Institutional investors and hedge funds own 69.80% of the company’s stock.

Analysts Set New Price Targets

GLW has been the subject of a number of research analyst reports. Oppenheimer increased their target price on shares of Corning from $210.00 to $230.00 and gave the stock an “outperform” rating in a research report on Tuesday, July 7th. Mizuho boosted their price target on shares of Corning from $220.00 to $270.00 and gave the company an “outperform” rating in a report on Wednesday, July 1st. Weiss Ratings downgraded shares of Corning from a “buy (b-)” rating to a “hold (c+)” rating in a research note on Friday. Wall Street Zen upgraded Corning from a “hold” rating to a “buy” rating in a report on Saturday, July 18th. Finally, Truist Financial boosted their target price on Corning from $149.00 to $205.00 and gave the company a “hold” rating in a research note on Monday, June 22nd. Nine equities research analysts have rated the stock with a Buy rating and seven have given a Hold rating to the stock. Based on data from MarketBeat, Corning has a consensus rating of “Moderate Buy” and an average price target of $194.69.

Corning Company Profile

Corning Incorporated is a global manufacturer specializing in specialty glass, ceramics and related materials and technologies. Headquartered in Corning, New York, the company supplies engineered materials and components used across multiple industries, including consumer electronics, telecommunications, automotive emissions control, pharmaceutical and life sciences, and industrial and scientific applications. Corning emphasizes materials science and precision manufacturing to develop durable, high-performance glass and ceramic products.

Key product lines include specialty display glass used by television and mobile-device manufacturers, cover glass marketed under well-known trade names for smartphones and tablets, and optical fiber and cable and related hardware for telecommunications networks.