Momentum Is Driving Corning Stock Higher
Corning's EPS is expected to meet or exceed quarters going back to 2022. The stock has Momentum driven by strong results and positive guidance. Corning stock rates a speculative Buy, but the risks might make retail value investors skittish. Corning's leadership in material sciences and AI-driven advancements position it well for future growth, but R&D spending needs careful management and consistent growth.
Corning's stock rises as it sticks to Q3 profit view
Maker of optical fiber and displays continues to expect Q3 profit of 50 cents to 54 cents a share.
Generative AI And Springboard Plan Drive Higher Corning Earnings
Corning Incorporated is poised for mid-teens earnings growth due to its Springboard plan and generative AI optical connectivity products, making it a Buy. Corning has diverse revenue streams, ranging from Optical Communications to Life Sciences and Emerging Growth Businesses. Despite recent declines, Q2-2024 results show signs of recovery, driven by strong adoption of new optical connectivity products for generative AI.
Corning Incorporated (GLW) Presents at Citi's 2024 Global TMT Conference Transcript
Corning Incorporated (NYSE:GLW ) Citi's 2024 Global TMT Conference September 5, 2024 9:10 AM ET Company Participants Ed Schlesinger - EVP & CFO Conference Call Participants Asiya Merchant - Citi Asiya Merchant My name is Asiya Merchant. I cover the technology, hardware and tech supply chain here at Citi.
Here's Why Corning (GLW) is a Strong Value Stock
The Zacks Style Scores offers investors a way to easily find top-rated stocks based on their investing style. Here's why you should take advantage.
Why Is Corning (GLW) Up 5.8% Since Last Earnings Report?
Corning (GLW) reported earnings 30 days ago. What's next for the stock?
Corning (GLW) Stock Up 29% in Past Six Months: Reason to Buy?
Corning (GLW) appears to be treading in the middle of the road, and investors could be better off if they trade with caution.
Corning Stock Rises After Mizuho Upgrade Highlighting Growth Driven by Data Centers
Corning's (GLW) stock price rose Wednesday after an upgrade from Mizuho analysts, who said the recent pullback following last month's earnings report has created an "attractive entry point."
Corning's Pullback Provides an ‘Attractive Entry Point'
Mizuho analyst John Roberts upgraded shares to Outperform from Neutral.
Corning: Rock-Solid Fundamentals Already Priced In
Corning stock returned 35% to investors since January, outperforming the market. GLW's latest earnings report was robust, but the valuation appears overpriced. Corning's exposure to 5G, data centers, and clean energy markets is promising, but stock is overvalued and downgraded to "Hold".
3 Stocks to Buy on the Cheap Following the Market Selloff
The recent market sell-off has felt rather painful. It's certainly been a while since we've witnessed stocks falling into an extended losing streak.
What's Next For Corning Stock After Downbeat Q3 Guidance?
Corning (NYSE: GLW) recently reported its Q2 results, with revenues and earnings aligning with the street estimates. The company reported core revenue of 3.6 billion and adjusted earnings of $0.47 per share, driven by strong demand for its optical connectivity products for generative AI.
