July 30, 2020 Price forecast | 2 weeks: -1.06% | 1 month: -2.42% | 3 months: -3.90%


GLW stock forecast

Our latest prediction for Corning, Inc.'s stock price was made on the July 30, 2020 when the stock price was at 31.12$.

In the short term (2weeks), GLW's stock price should underperform the market by -1.06%. During that period the price should oscillate between -5.29% and +3.74%.

In the medium term (3months), GLW's stock price should underperform the market by -3.90%. During that period the price should oscillate between -16.78% and +10.05%.

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About Corning, Inc.

Corning, Inc. develops and manufactures specialty glass and ceramics. It provides glass for notebook computers, flat panel desktop monitors, display televisions, and other information display applications; carrier network and enterprise network products for the telecommunications industry; ceramic substrates for gasoline and diesel engines in automotive and heavy duty vehicle markets; laboratory products for the scientific community and specialized polymer products for biotechnology applications; advanced optical materials for the semiconductor industry and the scientific community; and other technologies. It operates through the following business segments: Display Technologies, Optical Communications, Environmental Technologies, Specialty Materials and Life Sciences. The Display Technologies segment manufactures glass substrates for high performance displays, including organic light-emitting diode and liquid crystal displays that are used primarily in televisions, notebook computers and flat panel desktop monitors. The Optical Communications segment is classified into two main product groupings: carrier and enterprise network. The carrier network group consists primarily of products and solutions for optical-based communications infrastructure for services such as video, data and voice communications. The enterprise network group consists primarily of optical-based communication networks sold to businesses, governments and individuals for their own use. The Environmental Technologies segment manufactures ceramic substrates and filter products for emissions control in mobile and stationary applications around the world. The Specialty Materials segment manufactures products that provide material formulations for glass, glass ceramics and fluoride crystals to meet demand for unique customer needs. The Life Sciences segment develops, manufactures and supplies scientific laboratory products. The company was founded by Amory Houghton Sr. in 1851 and is headquartered in Corning, NY.

At the moment the company generates 10703M USD in revenues.

On its last earning announcement, the company reported a profit of 0.14$ per share.

The book value per share is 14.29$

Corning, Inc. website


Three months stock forecastJuly 30, 2020


Financials

Revenue USD Gross Margin Operating Income Operating Margin Net Income Earnings Per Share Dividends Payout Ratio Shares Book Value Per Share Operating Cash Flow Cap Spending Free Cash Flow
10703M 29.80% 288M 2.70% 202M 0.14 0.84 - 826M 14.29 2705M -1726M 979M