Corning stock plunged by over 12% in the premarket session after the company published the latest earnings report. GLW dropped by 12% to $122.92, its lowest level since March 9 this year.
Corning logged higher profit and sales in the second quarter that was driven by demand for its artificial-intelligence optical products.
Corning (GLW) shares sold off sharply in recent weeks but follows a strong rally, with shares still up over 65% in 2026 even with the pullback. Tom White offers more insight into the long-term momentum and how it affects the levels he's watching in the stock chart.
Looking beyond Wall Street's top-and-bottom-line estimate forecasts for Corning (GLW), delve into some of its key metrics to gain a deeper insight into the company's potential performance for the quarter ended June 2026.
Corning Incorporated GLW is scheduled to report second-quarter 2026 earnings on July 28, 2026. The Zacks Consensus Estimate for sales and earnings is pegged at $4.6 billion and 76 cents per share, respectively.
The AI-optics theme is as durable as any in the market.
Jim Cramer used his Tuesday, July 20, CNBC Squawk on the Street appearance to lay out one of his most emphatic sector rotation calls of the year: move away from semiconductors, software, and AI-linked mega-caps, and toward banks, trucking, and steadier cash-flow industrials.
Corning (GLW) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Corning Inc (NYSE:GLW) stock is down 7.8% at $172.92 this afternoon, part of its larger drawdown from its June 30 record peak of $271.38.
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.
Corning is rated a buy after a 30% drawdown, with technicals and fundamentals supporting a rebound opportunity. GLW's Q1 saw 18% core sales growth and 30% core EPS growth, led by Optical Communications and new Solar segment momentum. Major long-term deals with NVIDIA and Amazon, plus strong AI-driven demand, underpin robust EPS growth and premium valuation multiples.
Corning's AI connectivity demand, optical growth and 2026 earnings outlook make it a stronger pick than Bandwidth despite the latter???s sharper gains.