Corning Incorporated (NYSE:GLW) is one of the stocks from different market sectors that Jim Cramer commented on. Cramer showed bullish sentiment on the stock for the current year, as he said: “Now, some of the other data center hardware plays did very well. Look at Corning, GLW… a key holding of the Charitable Trust. That leading maker of fiber optics, up 84% this year, and I still think it may be one of the best performers for 2026.” Photo by Yiorgos Ntrahas on Unsplash Corning Incorporated (NYSE:GLW ...

Key Takeaways GLW is betting on fiber optic solutions to meet rising data needs from AI, video and mobile usage.Growing cloud adoption and 5G are creating momentum for GLW's Optical Communications segment.GLW's 2025 and 2026 EPS estimates rose 0.8% and 1%, respectively, over the past 60 days.Corning Incorporated (GLW) is increasingly focusing on the fiber optic solutions business to cater to the huge demand pool and generate a steady revenue stream. Multiple factors are likely to drive the company’s fiber-o ...

Core Insights - Corning Incorporated (GLW) is experiencing robust revenue growth, with Q3 revenues reaching $4.27 billion, up from $3.73 billion year-over-year, surpassing the Zacks Consensus Estimate of $4.21 billion [1][9] Optical Communications Segment - The demand for AI integration is driving hyperscalers to enhance their data center capabilities, benefiting Corning due to its extensive portfolio of data center solutions, including optical fiber and connectors. The Optical Communications segment is projected to generate $6.27 billion in revenues by 2025, reflecting a 34.7% year-over-year growth [2] Specialty Materials Segment - The Specialty Materials segment is a significant growth driver, with Corning focusing on advanced cover materials. The company is expected to generate $2.28 billion in revenues from this segment by 2025, indicating a 13.3% year-over-year increase [3] Solar Industry Entry - Corning's entry into the solar industry is seen as a high-return, low-risk opportunity, with the U.S. solar market projected to grow at a compound annual growth rate of 12.34% from 2025 to 2030. The company possesses essential components for innovation in this sector [4] Semiconductor Polysilicon Production - Corning is a leading producer of semiconductor polysilicon, crucial for solar wafer manufacturing. The establishment of the largest solar ingot and wafer facility in Michigan enhances its position in the U.S. solar supply chain [5] Revenue Growth of Other Tech Players - Ubiquiti, Inc. reported Q3 revenues of $733.8 million, up from $550.3 million year-over-year, driven by the proliferation of IoT devices. The company is expected to generate $2.66 billion in revenues from the Enterprise Technology segment in fiscal 2026, reflecting an 18.3% year-over-year growth [6] - Celestica, Inc. generated $3.19 billion in revenues in Q3, benefiting from the demand for AI infrastructure. The company is projected to achieve $3.45 billion in revenues by 2025, indicating a 35.46% year-over-year growth [7] Price Performance and Valuation - Corning's shares have increased by 89.2%, while the communications components industry has grown by 139.4%. The company's shares currently trade at 30.41 times forward 12-month earnings, which is lower than the industry average [10][11] Earnings Estimates - Earnings estimates for Corning for 2025 and 2026 have seen upward revisions over the past 60 days, indicating positive market sentiment [12]

Group 1 - Corning Incorporated (NYSE:GLW) is recognized for its significant role in the data center business, particularly in displacing copper wiring with optical fiber technology [1][2] - The company is noted as a top performer in Q3, with Jim Cramer highlighting it as a key stock for investment consideration [2] - Corning specializes in developing optical fiber, cables, and related hardware for telecommunications, as well as producing glass substrates for displays in various devices [2] Group 2 - Jim Cramer emphasizes starting small with investments in Corning, anticipating a potential rotation in the market due to upcoming news from OpenAI [1] - The CEO of Corning, Wendell Weeks, has been actively involved in the company's operations, particularly at their facility in Harrodsburg, Kentucky, which produces cover glass for iPhones and Apple Watches [2]

Core Insights - Ubiquiti, Inc. reported strong first-quarter fiscal 2026 results, with both revenue and net income exceeding Zacks Consensus Estimates, driven by robust demand in the Enterprise Technology segment [1][9] Financial Performance - Net income on a GAAP basis was $207.9 million or $3.43 per share, up from $128 million or $2.12 in the same quarter last year, reflecting solid top-line growth despite higher operating expenses [2] - Non-GAAP net income was $209.3 million or $3.46 per share, compared to $129.3 million or $2.14 in the prior-year quarter, beating the Zacks Consensus Estimate by 98 cents [2] Revenue Breakdown - Total net sales increased to $733.8 million from $550.3 million year-over-year, surpassing the consensus estimate by $51 million [3][9] - The Enterprise Technology segment generated $657.1 million in revenues, up from $470.2 million in the prior-year quarter, exceeding the estimate of $582.4 million [3] - Service Provider Technology revenues were $76.6 million, down from $80.2 million in the year-ago quarter, primarily due to weakness in South America, Asia Pacific, and North America [4] Regional Performance - North America revenues reached $382.8 million, compared to $271.2 million in the year-ago quarter [5] - EMEA revenues totaled $263.1 million, up from $204.9 million [5] - Asia Pacific revenues increased to $53.1 million from $40.9 million [5] - South America revenues were $34.7 million, slightly up from $33.3 million a year ago [5] Profitability Metrics - Gross profit for the quarter was $337.4 million, with a margin of 46%, compared to $231.6 million and a margin of 42.1% in the prior year [6] - Operating income rose to $261.7 million from $169.2 million year-over-year [7] Cash Flow and Liquidity - Ubiquiti generated $198.5 million in cash from operating activities, down from $233.7 million in the prior-year quarter [8] - As of September 30, 2025, the company had $177.2 million in cash and cash equivalents, with $29 million in other long-term liabilities [8]

Core Insights - Corning Incorporated (GLW) is experiencing significant growth in its Optical Communications segment, with Q2 revenues reaching $1.56 billion, a 41% increase year over year [1][7] - The enterprise network business saw remarkable growth of 81% year over year, and data center product shipments nearly doubled in Q2 compared to Q1 [1][7] - The demand for optical connectivity products, particularly for generative AI applications, is expected to drive future growth, with projected revenues of $6 billion in 2025 from the Optical Communications segment, indicating a 29.3% year over year growth [3] Industry Drivers - The increasing use of mobile and IoT devices necessitates efficient data transfer and networking systems, leading to a robust demand for fiber optic solutions [2] - Enterprises are adopting high-bandwidth cloud and AI-native applications, which further drives the need for advanced networking architecture [2] - Corning's diverse portfolio, including optical fiber, hardware, cables, and connectors, positions it well to meet evolving customer needs in this growing market [2] Competitive Landscape - Corning faces competition from CommScope and Amphenol, both of which are also capitalizing on the growing demand for fiber optic connectivity [4][5] - CommScope reported a 20.2% year over year revenue increase in its Connectivity and Cable Solutions segment, reaching $875.4 million [4] - Amphenol's Communications Solutions segment generated $2.91 billion in revenue in Q2, reflecting a substantial 101.4% year over year growth [5] Financial Performance - Corning's shares have increased by 81.2%, closely aligning with the communications components industry's growth of 82.4% [6] - The company's shares are currently trading at a forward 12-month earnings multiple of 26.48, which is lower than the industry average [8] - Earnings estimates for Corning for 2025 and 2026 have seen upward revisions over the past 60 days, indicating positive market sentiment [9]