What is Zacks Research's Forecast for Corning Q2 Earnings?

Corning Incorporated (NYSE:GLW - Free Report) - Equities research analysts at Zacks Research upped their Q2 2025 earnings per share estimates for Corning in a report released on Wednesday, January 15th. Zacks Research analyst R. Department now anticipates that the electronics maker will post earnings per share of $0.55 for the quarter, up from their prior estimate of $0.54. The consensus estimate for Corning's current full-year earnings is $1.95 per share. Zacks Research also issued estimates for Corning's Q4 2025 earnings at $0.62 EPS, FY2025 earnings at $2.26 EPS, Q1 2026 earnings at $0.57 EPS and FY2026 earnings at $2.66 EPS.

Several other equities analysts have also issued reports on the company. JPMorgan Chase & Co. lifted their price target on Corning from $55.00 to $60.00 and gave the company an "overweight" rating in a research note on Wednesday, October 30th. StockNews.com raised Corning from a "hold" rating to a "buy" rating in a research note on Tuesday, December 24th. Bank of America raised their price target on shares of Corning from $46.00 to $51.00 and gave the company a "buy" rating in a research note on Friday, September 20th. Deutsche Bank Aktiengesellschaft upped their price objective on shares of Corning from $49.00 to $54.00 and gave the stock a "buy" rating in a research report on Wednesday, October 30th. Finally, Oppenheimer reissued an "outperform" rating and issued a $58.00 price objective (up previously from $51.00) on shares of Corning in a research note on Wednesday, October 30th. Five analysts have rated the stock with a hold rating and ten have assigned a buy rating to the stock. According to MarketBeat, the company has an average rating of "Moderate Buy" and an average target price of $50.77.

Corning Price Performance

GLW traded up $0.59 during trading on Friday, hitting $49.83. 5,472,683 shares of the stock traded hands, compared to its average volume of 3,929,716. The business has a 50 day moving average price of $47.96 and a 200 day moving average price of $44.99. The company has a debt-to-equity ratio of 0.62, a current ratio of 1.66 and a quick ratio of 1.05. Corning has a twelve month low of $29.82 and a twelve month high of $51.03. The company has a market cap of $42.66 billion, a price-to-earnings ratio of 293.12, a PEG ratio of 1.28 and a beta of 1.04.

Corning (NYSE:GLW - Get Free Report) last issued its earnings results on Tuesday, October 29th. The electronics maker reported $0.54 EPS for the quarter, beating the consensus estimate of $0.53 by $0.01. The company had revenue of $3.39 billion during the quarter, compared to analysts' expectations of $3.72 billion. Corning had a net margin of 1.24% and a return on equity of 13.45%. The business's revenue for the quarter was up 6.9% compared to the same quarter last year. During the same period in the previous year, the company earned $0.45 EPS.

Institutional Investors Weigh In On Corning

Large investors have recently modified their holdings of the company. West Oak Capital LLC boosted its holdings in Corning by 0.4% during the third quarter. West Oak Capital LLC now owns 51,565 shares of the electronics maker's stock worth $2,328,000 after purchasing an additional 215 shares during the last quarter. Lake Street Advisors Group LLC boosted its stake in shares of Corning by 4.5% in the 3rd quarter. Lake Street Advisors Group LLC now owns 5,444 shares of the electronics maker's stock worth $246,000 after buying an additional 232 shares during the last quarter. Grove Bank & Trust boosted its stake in shares of Corning by 14.6% in the 4th quarter. Grove Bank & Trust now owns 1,858 shares of the electronics maker's stock worth $88,000 after buying an additional 237 shares during the last quarter. SteelPeak Wealth LLC increased its position in shares of Corning by 3.3% during the third quarter. SteelPeak Wealth LLC now owns 7,481 shares of the electronics maker's stock valued at $338,000 after acquiring an additional 239 shares during the last quarter. Finally, Brown Lisle Cummings Inc. lifted its holdings in Corning by 1.5% during the third quarter. Brown Lisle Cummings Inc. now owns 17,050 shares of the electronics maker's stock worth $770,000 after acquiring an additional 250 shares during the period. 69.80% of the stock is currently owned by institutional investors and hedge funds.

Insider Buying and Selling

In other news, SVP John P. Bayne, Jr. sold 5,000 shares of the firm's stock in a transaction dated Friday, November 22nd. The stock was sold at an average price of $48.39, for a total transaction of $241,950.00. Following the completion of the transaction, the senior vice president now directly owns 6,700 shares in the company, valued at $324,213. This trade represents a 42.74 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, SVP John P. Bayne, Jr. sold 8,876 shares of Corning stock in a transaction that occurred on Monday, November 25th. The stock was sold at an average price of $49.09, for a total value of $435,722.84. The disclosure for this sale can be found here. 0.45% of the stock is owned by corporate insiders.

Corning Company Profile

Corning Incorporated engages in the display technologies, optical communications, environmental technologies, specialty materials, and life sciences businesses in the United States and internationally. The company's Display Technologies segment 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.