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Jim Cramer on Corning: “This is the Finest Glass Maker in the World”
Yahoo Finance· 2025-10-05 09:15
Company Overview - Corning Incorporated (NYSE:GLW) is recognized as a leading manufacturer of glass, particularly known for producing cover glass for devices like iPhones and Apple Watches [1] - The company also develops optical fiber, cables, and related hardware for telecommunications, alongside producing glass substrates for displays used in TVs, computers, and mobile devices [2] Investment Insights - Corning has been highlighted as one of the top performers in Q3, indicating strong market performance and potential investment interest [1] - The CEO, Wendell Weeks, has been actively engaged with investors, showcasing the company's facilities and products, which may enhance investor confidence [1] Market Position - Corning's diverse product offerings, including specialty materials and emission control products, position it well within the telecommunications and technology sectors [2]
UBS Projects Strong EPS Growth for Corning (GLW) in 2026 and 2027
Yahoo Finance· 2025-09-10 03:55
Group 1 - Corning Incorporated (NYSE:GLW) has been one of the best performing stocks in the S&P 500 over the last three months, with UBS raising its price target from $65 to $84 and upgrading the stock from Neutral to Buy due to strong AI-driven fiber expansion [1] - UBS projects that Corning's optical division will achieve a sales compound annual growth rate (CAGR) of approximately 27% through 2027, contributing significantly to the company's overall anticipated sales CAGR of 13% during the same period [2] - The revised earnings per share projections by UBS indicate that Corning will experience year-over-year growth of about 24% in 2026 and 20% in 2027, surpassing consensus estimates by approximately 6% and 13% respectively [2] Group 2 - Corning Incorporated is a multinational company specializing in manufacturing damage-resistant cover glass, precision glass for advanced displays, automotive glass, ceramics, optical fiber, wireless technology, and connection solutions [3]