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Will GLW Stock Benefit From EXTREME ULE Glass Launch?
ZACKS· 2024-10-01 17:37
Corning Incorporated (GLW) recently unveiled EXTREME ULE Glass - a next-generation material that aims to support chip manufacturers in addressing the escalating demand for advanced technologies. This new glass will likely help chipmakers improve photomasks, which are critical for mass-producing sophisticated and cost-efficient microchips.What GLW’s Launch Brings to the TableEXTREME ULE is engineered to withstand the most intense conditions of extreme ultraviolet (EUV) lithography particularly high numerical ...
Momentum Is Driving Corning Stock Higher
Seeking Alpha· 2024-09-20 14:31
In our opinion, Corning Incorporated's (NYSE: GLW ) EPS, beginning October 22,'24, will meet or exceed the EPS reported in any quarters since Q3 '22. The upturn in momentum began in the last quarter, Q2 '24I write for retail value investors who cannot afford to lose money but sometimes like to take a risk. I speak for free to community and school groups. I was teaching business, social/political activism, and Middle East politics to international university students in Tel Aviv b4 the pandemic hit. A colleg ...
Generative AI And Springboard Plan Drive Higher Corning Earnings
Seeking Alpha· 2024-09-17 06:42
felixR Investment thesis Because of its new Springboard plan and optical connectivity products for generative AI, Corning Incorporated (NYSE:GLW) is returning to profitable growth. If it makes good on its potential, the company will produce mid-teens earnings growth this year and annually for the next four years. That would be welcomed by investors who have watched EBITDA and net income fall over the past two years. I have a one-year price target that is 15.65% higher than the current price and rate Cor ...
Corning Energy Corporation Announces Retirement of CEO Michael German
GlobeNewswire News Room· 2024-09-05 21:03
CORNING, N.Y., Sept. 05, 2024 (GLOBE NEWSWIRE) -- Corning Energy Corporation (formerly Corning Natural Gas Holding Corporation) announced today that Michael German, the company’s CEO, will retire effective December 31, 2024, after 18 years with the company and 48 total years in the energy sector. Mr. German joined Corning Natural Gas Corporation in 2006 and has been a cornerstone of the company's growth and resilience. In 2011, under his leadership, Leatherstocking Gas Company was formed, the newest utilit ...
Corning Incorporated (GLW) Presents at Citi's 2024 Global TMT Conference Transcript
2024-09-05 16:22
Corning Incorporated (NYSE:GLW) Citi's 2024 Global TMT Conference September 5, 2024 9:10 AM ET Company Participants Ed Schlesinger - EVP & CFO Conference Call Participants Asiya Merchant - Citi Asiya Merchant My name is Asiya Merchant. I cover the technology, hardware and tech supply chain here at Citi. Welcome to Day 2 of our Global TMT Conference. Very thrilled to have Ed Schlesinger. He's the CFO of Corning. We also have members of the Investor Relations team here in the audience. Of course, this sessio ...
Corning Incorporated (GLW) Presents at Citi's 2024 Global TMT Conference Transcript
Seeking Alpha· 2024-09-05 16:22
Corning Incorporated (NYSE:GLW) Citi's 2024 Global TMT Conference September 5, 2024 9:10 AM ET Company Participants Ed Schlesinger - EVP & CFO Conference Call Participants Asiya Merchant - Citi Asiya Merchant My name is Asiya Merchant. I cover the technology, hardware and tech supply chain here at Citi. Welcome to Day 2 of our Global TMT Conference. Very thrilled to have Ed Schlesinger. He's the CFO of Corning. We also have members of the Investor Relations team here in the audience. Of course, this sessio ...
Here's Why Corning (GLW) is a Strong Value Stock
ZACKS· 2024-09-04 14:41
Taking full advantage of the stock market and investing with confidence are common goals for new and old investors, and Zacks Premium offers many different ways to do both.The research service features daily updates of the Zacks Rank and Zacks Industry Rank, full access to the Zacks #1 Rank List, Equity Research reports, and Premium stock screens, all of which will help you become a smarter, more confident investor.Zacks Premium also includes the Zacks Style Scores.What are the Zacks Style Scores?The Zacks ...
Why Is Corning (GLW) Up 5.8% Since Last Earnings Report?
ZACKS· 2024-08-29 16:37
A month has gone by since the last earnings report for Corning (GLW) . Shares have added about 5.8% in that time frame, outperforming the S&P 500.Will the recent positive trend continue leading up to its next earnings release, or is Corning due for a pullback? Before we dive into how investors and analysts have reacted as of late, let's take a quick look at the most recent earnings report in order to get a better handle on the important catalysts. Corning Surpasses Q2 Earnings Estimate on Higher RevenuesCor ...
Corning (GLW) Stock Up 29% in Past Six Months: Reason to Buy?
ZACKS· 2024-08-26 13:50
Buoyed by a holistic growth model, Corning Incorporated (GLW) is currently trading in the vicinity of its last 52-week high. The stock is currently trading at $41.94, close to its 52-week high of $46.39. The stock has gained 29.4% over the past six months compared with the industry’s growth of 28.2%, outperforming peers like Altice USA, Inc. (ATUS) but lagging Arista Networks, Inc. (ANET) .Corning is likely to benefit from improved demand and commercialization of its innovations. Its capabilities are becomi ...
Corning Stock Rises After Mizuho Upgrade Highlighting Growth Driven by Data Centers
Investopedia· 2024-08-21 22:30
Key TakeawaysCorning shares rose Wednesday as Mizuho analysts upgraded the stock, highlighted growth in the company's business driven by data centers, amid surging demand for artificial intelligence. A recent slip in stock's price creates an "attractive entry point" to the stock, the analysts said.Mizuho analysts said the recent pullback likely had more to do with last month's rotation out of tech stocks, as they have seen "no overall slowdown" in Corning's core business. Corning's (GLW) stock price rose We ...