Shares of Corning Inc (NYSE:GLW) are up 2.2% to trade at $68.53 this morning, after UBS Securities upgraded the stock to "buy" from "neutral.
Corning (GLW) has been upgraded to a Zacks Rank #1 (Strong Buy), reflecting growing optimism about the company's earnings prospects. This might drive the stock higher in the near term.
Market breadth continues to expand, and Larry Tentarelli urges investors to look beyond Big Tech to discover new leaders in the latest sector rotation. He points to Corning (GLW) breaking out due to its $2.5 billion Apple (AAPL) contract to develop glass for iPhone and related products.
Investors need to pay close attention to Corning stock based on the movements in the options market lately.
Corning's strong growth is driven by AI-fueled demand for fiber optics and successful execution of Project Springboard, boosting sales, margins, and returns. GLW benefits from secular trends in data center expansion and telecom network upgrades, with significant future upside in AI node scaling and fiber replacement. Corning maintains a solid balance sheet, safe dividend, and robust earnings growth, but its current valuation is well above historical averages.
U.S. solar company T1 Energy and specialty glass maker Corning have reached a deal that will establish a fully domestic solar supply chain, connecting polysilicon, wafers, cells, and panels manufactured in the United States, they said on Friday.
Corning delivered strong Q2 2025 results, with double-digit revenue growth driven by AI and solar segments, and solid profitability improvements. Despite impressive performance and promising catalysts ahead, the stock's 65% surge in four months has pushed valuation to stretched levels. Key risks include high debt, slower R&D growth, tariff exposure, and potential demand pull-forward in Display and Gorilla Glass segments.
Does Corning (GLW) have what it takes to be a top stock pick for momentum investors? Let's find out.
Increased fiber densification, cloud focus and accelerated pace of 5G deployment should help the Zacks Communication - Components industry thrive despite short-term headwinds. GLW, VIAV and OOMA are well-positioned to make the most of the demand for seamless connectivity solutions.
TEN, LAZ and GLW made it to the Zacks Rank #1 (Strong Buy) income stocks list on August 6, 2025.
The shares of Corning Inc (NYSE:GLW) were last seen trading near breakeven at $62.62, after earlier surging to a 25-year high of $63.91.
The headline numbers for Corning (GLW) give insight into how the company performed in the quarter ended June 2025, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.