Zacks Research Has Positive Forecast for Corning Q3 Earnings

Corning Incorporated (NYSE:GLW) – Equities research analysts at Zacks Research upped their Q3 2025 earnings per share (EPS) estimates for shares of Corning in a report issued on Wednesday, October 23rd. Zacks Research analyst R. Department now forecasts that the electronics maker will earn $0.64 per share for the quarter, up from their prior forecast of $0.61. The consensus estimate for Corning’s current full-year earnings is $1.91 per share. Zacks Research also issued estimates for Corning’s Q4 2025 earnings at $0.59 EPS, FY2025 earnings at $2.21 EPS and Q1 2026 earnings at $0.56 EPS.

Corning (NYSE:GLW) last released its quarterly earnings results on Tuesday, July 30th. The electronics maker reported $0.47 earnings per share for the quarter, topping analysts’ consensus estimates of $0.46 by $0.01. The firm had revenue of $3.60 billion during the quarter, compared to analysts’ expectations of $3.55 billion. Corning had a return on equity of 12.69% and a net margin of 3.53%. Corning’s quarterly revenue was up 3.5% compared to the same quarter last year. During the same quarter in the prior year, the business earned $0.45 EPS.

A number of other research firms have also recently weighed in on GLW. Morgan Stanley restated an “equal weight” rating and issued a $39.00 price target on shares of Corning in a report on Friday, July 26th. Mizuho upgraded Corning from a “neutral” rating to an “outperform” rating and increased their target price for the company from $44.00 to $47.00 in a research note on Wednesday, August 21st. Argus increased their target price on Corning from $40.00 to $50.00 and gave the company a “buy” rating in a research note on Tuesday, July 9th. Hsbc Global Res upgraded Corning from a “moderate sell” rating to a “hold” rating in a research note on Tuesday, July 9th. Finally, Bank of America increased their target price on Corning from $46.00 to $51.00 and gave the company a “buy” rating in a research note on Friday, September 20th. Six investment analysts have rated the stock with a hold rating and nine have given a buy rating to the company’s stock. According to data from MarketBeat, Corning presently has an average rating of “Moderate Buy” and a consensus price target of $47.23.

Corning Stock Down 1.2 %

NYSE GLW opened at $46.25 on Thursday. The stock has a market cap of $39.62 billion, a PE ratio of 65.14, a P/E/G ratio of 1.77 and a beta of 1.04. Corning has a fifty-two week low of $26.37 and a fifty-two week high of $47.72. The business has a 50 day moving average price of $43.74 and a two-hundred day moving average price of $39.68. The company has a quick ratio of 0.98, a current ratio of 1.57 and a debt-to-equity ratio of 0.63.

Institutional Investors Weigh In On Corning

Large investors have recently added to or reduced their stakes in the stock. Access Investment Management LLC acquired a new stake in Corning in the first quarter worth $28,000. City Holding Co. increased its position in Corning by 545.5% in the third quarter. City Holding Co. now owns 710 shares of the electronics maker’s stock worth $32,000 after buying an additional 600 shares during the period. Register Financial Advisors LLC acquired a new stake in Corning in the first quarter worth $33,000. Future Financial Wealth Managment LLC acquired a new stake in Corning in the first quarter worth $33,000. Finally, ESL Trust Services LLC acquired a new stake in Corning in the first quarter worth $33,000. 69.80% of the stock is owned by institutional investors and hedge funds.

Corning Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Friday, December 13th. Investors of record on Friday, November 15th will be given a dividend of $0.28 per share. This represents a $1.12 annualized dividend and a dividend yield of 2.42%. The ex-dividend date is Friday, November 15th. Corning’s dividend payout ratio is currently 157.75%.

About Corning

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.