GLW Corning Inc
Trend channel, buy level and 3-month target. Information only, not financial advice.
Below the channel · 18-month channel rising
Closed below support (US$133.27). Treat the buy level with caution.
- 18-month channel
- US$133.27 – US$164.07 · rising, more than +100% a year
- Price in channel
- −32% (0% = floor, 100% = ceiling)
- Ceiling overhead
- US$164.07
- Published levels
- Buy and target are not from this channel — see below.
What broke this trend
- The fall
- -52% from US$255.7329 June 2026 → 23 Oct 2026
- Whose problem it was
- Its sector7 of 8 Hardware, Equipment & Parts peers fell with it
- Does it resolve?
- Temporary falls like it have resolved on the record
- Regained so far
- 4%of what it lost
- What the record says
- 80% of 13 comparable falls came back, typically in 109 days measured on its own peer group
Fell -52% (29 June 2026 → 23 Oct 2026); regained 4% so far; sector-wide.
Reported at the time: Why Is Corning Stock Surging On Thursday? — 25 June 2026
Price history, with the path projected 3 months forward
Updated 12:25 AM ET (59 h ago)
- Daily close
- Upper trend line (18 months)
- Lower trend line (18 months)
- Dashed after today: projected 3 months
- Our buy
- Our target
Suggested path
Buy now
US$123.32
last close · 30 Oct 2026
Our target
US$141.78
by 7 Dec 2026
Projected move
15.0%
gross, before costs
Last close is our buy.
Target: GLW's usual move size.
This move size: reached in 40% of 21 past stretches, typically in 27 days. (0.37% per day)
- Upper line touches
- 3
- Lower line touches
- 3
- Fit confidence
- 49%
- Fitted
- 1 Nov 2026
Company information
About Corning Inc
Corning Incorporated operates in optical communications, display, specialty materials, automotive, and life sciences businesses in the United States, Canada, Mexico, Japan, Taiwan, China, South Korea, Germany, and internationally. The company provides optical fibers and cables; and hardware and equipment products, such as cable assemblies, fiber optic hardware and connectors, optical components and couplers, closures, network interface devices, and other accessories for the telecommunications industry, businesses, governments, and individuals. It also offers glass substrates for flat panel displays, including liquid crystal displays and organic light-emitting diodes that are used in televisions, notebook computers, desktop monitors, tablets, and handheld devices. In addition, it manufactures products that offer material formulations for glass, glass ceramics, crystals, precision metrology instruments, and software, as well as glass wafers and substrates, tinted sunglasses, and radiation shielding products for markets, such as mobile consumer electronics, semiconductor equipment optics and consumables, aerospace and defense optics, radiation shielding products, sunglasses, and telecommunications components. Further, the company provides ceramic substrates and filter products for emissions control in mobile, gasoline, and diesel applications, as well as technical glass and optic products and solutions for the interior and exterior of vehicles. Additionally, it offers laboratory products, including plastic vessels, liquid handling plastics, specialty surfaces, cell culture media, and serum, as well as general labware, and glassware and equipment under the Corning, Falcon, PYREX, and Axygen brands. It also offers polysilicon products and pharmaceutical glass tubing and vials. The company was formerly known as Corning Glass Works and changed its name to Corning Incorporated in April 1989. Corning Incorporated was founded in 1851 and is headquartered in Corning, New York.
- Sector
- Technology
- Industry
- Hardware, Equipment & Parts
- CEO
- Wendell Weeks
- Employees
- 67,200
- Country
- US
Scorecard
Our own scores from the fundamentals below (not Morningstar ratings).
- Valuation
- —
- Profitability
- —
- Financial health
- —
- Cash generation
- —
Key statistics
- Market cap
- US$134.98B
- Enterprise value
- —
- Beta
- 1.15
- Avg volume
- 12.57M
- Revenue per share
- —
- Dividend yield
- —
- 52-week range
- 77.39-271.78
- Exchange
- NYSE
Key ratios
- P/E (TTM)
- —
- PEG
- —
- Price / sales
- —
- Price / book
- —
- EV / EBITDA
- —
- Gross margin
- —
- Operating margin
- —
- Net margin
- —
- Current ratio
- —
- Quick ratio
- —
- Debt / equity
- —
- Interest cover
- —
Income statement
Balance sheet
Cash flow
Trend lines are fitted to past swing highs and lows and may not continue. Information only, not financial advice.