Expectations trend
FY2027 · fiscal year ending 2027-12-31 · fmp
Corning Inc. (GLW)
NYSEInformation TechnologyHardware, Equipment & PartsSnapshot 2026-11-04
$103.43-12.92%
Close 2026-11-05 · 1-day change
NYSEInformation TechnologyHardware, Equipment & PartsSnapshot 2026-11-04
The long-term thesis, the evidence coming in, and the environment around it. Thesis dated Jul 8, 2026.
Next-FY EPS estimate change · 30 days
4.34 → 4.50 EPS · FY ending Dec 31, 2027 · 11 analysts
One observable signal. This measures changing earnings expectations, not the probability of a gain or loss.
Change in the same fiscal period’s mean EPS estimate from Oct 5, 2026 to Nov 4, 2026: (new ÷ prior − 1). Contributor count changed from 11 to 11; this is not the number of analysts revising. The ±10% axis is a display range.
The EPS and P/E reference is not available for GLW yet.
| Measure / period | Management expectations | Analyst expectations |
|---|
Management figures unavailable.
Current consensus figures unavailable.
Three published thesis conditions, with dated milestones shown separately.
| Key Factor | Why It Matters | Current Status | Break Condition | Latest Evidence |
|---|---|---|---|---|
Grow core sales and EPS with at least 14% YoY revenue growth | A primary condition in Corning Inc.'s published investment case. The stated target is >=14% YoY revenue growth. | Broken | YoY revenue growth falls below 14% in 2026-Q2 | Revenue growth: 18.41% FY2026-Q3; GAAP. Published target: >=14% YoY revenue growth. The stored target says 2026-Q2; this source reports FY2026-Q3. Fiscal/calendar alignment needs review. Oct 29, 202618.414634 percent · calculatedLast status assessment Nov 4, 2026Compare required operating outcomesCompare scope, accounting basis and period before treating this evidence as progress against an annual requirement. |
Compare these dated observations with the operating requirements above
FY2027 · fiscal year ending 2027-12-31 · fmp
The evidence, the remaining questions, and what comes next
No recovery evidence is reported in the available driver assessments.
Next earnings date unavailable
Look for updated results and guidance against the published targets, plus direct evidence for unresolved drivers.
Review earningsObserved price history; separate from operating scenarios
The weekly editorial context below is a separate assessment from the dated monitor evidence above. Recovery observations do not automatically change the published thesis. Unverified outside influences are hypotheses, not measured driver evidence.
This is a growth-oriented industrial technology business, with a multi-year thesis tied to executing the Springboard plan and expanding optical communications for AI data centers. The thesis is intact, and recent financial performance is strong, but risk is high and management’s execution record is mixed in Solar.
The evidence labels valuation as expensive, despite a peer comparison that shows GLW as cheap versus peers; the overall priced-in tag says the valuation is justified. The negative expectations gap suggests expectations are not fully aligned with the model, but model confidence is only medium, so the precise market assumption is uncertain.
Near-term results have been strong, with reported Q3 core sales growth and a recent earnings beat. Over the multi-year view, optical communications growth and the Springboard plan are delivering, while Solar sales are growing but its production ramp is slower than expected and the segment remains loss-making. Near-term miss risk is rated low, but the evidence also notes a history of deep and repeated misses, and a guidance cut would be a meaningful negative.
The multi-year thesis depends on continued delivery from Springboard and sustained optical communications growth, alongside progress in Solar’s ramp and profitability. Near term, a guidance cut is a key risk; stabilizing results at sector peers or Federal Reserve rate cuts could provide a more supportive backdrop, though neither is assured.
For the next 1 to 3 years, GLW has strong recent momentum and a credible growth engine in optical communications, but high risk and mixed Solar execution temper the case. The long-term thesis remains intact, with valuation and continued delivery as the main points to watch. Not investment advice.
Not investment advice. Scores describe historical and current data; they are not forecasts of future returns. Consult a licensed advisor before making investment decisions.
EPS of about $0.75 next quarter | EPS guidance for next quarter is $0.75, up from $0.7 last quarter. | Intact | EPS falls below $0.73 in 2026-Q2 | Diluted EPS: $0.78 per share FY2026-Q3; GAAP. Published target: ~$0.75 EPS. The stored target says 2026-Q2; this source reports FY2026-Q3. Fiscal/calendar alignment needs review. Oct 29, 20260.78 USD/share · source valueLast status assessment Nov 4, 2026Compare required operating outcomesCompare scope, accounting basis and period before treating this evidence as progress against an annual requirement. |
Expand U.S. optical connectivity capacity 10x | optical capacity 10x to meet this demand. | Improving | Failure to materially progress toward 10x capacity expansion by end 2026 | Qualitative progress: Pune plant operational, 2027 expansion planned Corning commenced operations at its Pune optical plant and confirmed capacity expansion plans through 2027. Nov 4, 2026Last status assessment Nov 4, 2026Compare required operating outcomesCompare scope, accounting basis and period before treating this evidence as progress against an annual requirement. |
Stored thesis · Jul 8, 2026. Latest Evidence uses source-matched measurements where available, alongside the last thesis-monitor assessment. Source periods and assessment dates are shown separately. A new measurement does not automatically change the published status or verify an older target.
$4.26 → $4.50 · observed estimates
$22.54B → $23.39B · observed estimates
One fiscal period and provider throughout. At least five contributors are required for each plotted metric; missing coverage stays a gap. Axes show the observed range. Counts measure coverage, not revisions.
| Snapshot | EPS | Revenue | EPS / revenue analysts |
|---|---|---|---|
| 2026-07-24 | $4.26 | $22,537,783,869 | 10 / 8 |
| 2026-07-25 | $4.26 | $22,537,783,869 | 10 / 8 |
| 2026-07-26 | $4.29 | $22,553,093,190 | 16 / 9 |
| 2026-07-27 | $4.26 | $22,691,076,245 | 10 / 7 |
| 2026-07-28 | $4.29 | $22,720,183,870 | 16 / 10 |
| 2026-07-29 | $4.31 | $22,897,546,074 | 10 / 8 |
| 2026-07-30 | $4.28 | $22,735,533,870 | 16 / 10 |
| 2026-07-31 | $4.30 | $22,822,110,750 | 10 / 9 |
| 2026-08-01 | $4.30 | $22,822,110,750 | 10 / 9 |
| 2026-08-02 | $4.30 | $22,856,823,010 | 16 / 11 |
| 2026-08-03 | $4.30 | $22,856,823,010 | 16 / 11 |
| 2026-08-04 | $4.30 | $22,856,823,010 | 16 / 11 |
| 2026-08-05 | $4.31 | $22,876,459,370 | 16 / 11 |
| 2026-08-06 | $4.30 | $22,803,444,084 | 10 / 9 |
| 2026-08-07 | $4.30 | $22,803,444,084 | 10 / 9 |
| 2026-08-08 | $4.32 | $22,876,459,370 | 16 / 11 |
| 2026-08-09 | $4.32 | $22,876,459,370 | 16 / 11 |
| 2026-08-10 | $4.30 | $22,803,444,084 | 10 / 9 |
| 2026-08-12 | $4.32 | $22,876,459,370 | 16 / 11 |
| 2026-08-13 | $4.30 | $22,803,444,084 | 10 / 9 |
| 2026-08-14 | $4.30 | $22,803,444,084 | 10 / 9 |
| 2026-08-15 | $4.30 | $22,803,444,084 | 10 / 9 |
| 2026-08-16 | $4.30 | $22,803,444,084 | 10 / 9 |
| 2026-08-17 | $4.30 | $22,803,444,084 | 10 / 9 |
| 2026-08-18 | $4.30 | $22,803,444,084 | 10 / 9 |
| 2026-08-19 | $4.30 | $22,803,444,084 | 10 / 9 |
| 2026-08-20 | $4.32 | $22,798,563,770 | 10 / 8 |
| 2026-08-21 | $4.32 | $22,798,563,770 | 10 / 8 |
| 2026-08-22 | $4.32 | $22,798,563,770 | 10 / 8 |
| 2026-08-23 | $4.32 | $22,798,563,770 | 10 / 8 |
| 2026-08-24 | $4.32 | $22,798,563,770 | 10 / 8 |
| 2026-08-25 | $4.32 | $22,798,563,770 | 10 / 8 |
| 2026-08-26 | $4.32 | $22,798,563,770 | 10 / 8 |
| 2026-08-27 | $4.32 | $22,798,563,770 | 10 / 8 |
| 2026-08-28 | $4.32 | $22,798,563,770 | 10 / 8 |
| 2026-08-29 | $4.32 | $22,798,563,770 | 10 / 8 |
| 2026-08-30 | $4.32 | $22,798,563,770 | 10 / 8 |
| 2026-08-31 | $4.32 | $22,798,563,770 | 10 / 8 |
| 2026-09-01 | $4.32 | $22,798,563,770 | 10 / 8 |
| 2026-09-02 | $4.32 | $22,798,563,770 | 10 / 8 |
| 2026-09-03 | $4.32 | $22,798,563,770 | 10 / 8 |
| 2026-09-04 | $4.32 | $22,798,563,770 | 10 / 8 |
| 2026-09-05 | $4.32 | $22,798,563,770 | 10 / 8 |
| 2026-09-06 | $4.32 | $22,798,563,770 | 10 / 8 |
| 2026-09-07 | $4.32 | $22,798,563,770 | 10 / 8 |
| 2026-09-08 | $4.32 | $22,798,563,770 | 10 / 8 |
| 2026-09-09 | $4.35 | $22,815,523,500 | 10 / 9 |
| 2026-09-10 | $4.35 | $22,815,523,500 | 10 / 9 |
| 2026-09-11 | $4.35 | $22,824,666,358 | 10 / 9 |
| 2026-09-12 | $4.35 | $22,824,666,358 | 10 / 8 |
| 2026-09-13 | $4.35 | $22,824,666,358 | 10 / 8 |
| 2026-09-14 | $4.35 | $22,824,666,358 | 10 / 8 |
| 2026-09-15 | $4.35 | $22,831,809,215 | 10 / 8 |
| 2026-09-16 | $4.35 | $22,831,809,215 | 10 / 8 |
| 2026-09-17 | $4.35 | $22,831,809,215 | 10 / 8 |
| 2026-09-18 | $4.35 | $22,831,809,215 | 10 / 8 |
| 2026-09-19 | $4.35 | $22,831,809,215 | 10 / 8 |
| 2026-09-20 | $4.35 | $22,831,809,215 | 10 / 8 |
| 2026-09-21 | $4.35 | $22,831,809,215 | 10 / 8 |
| 2026-09-22 | $4.35 | $22,831,809,215 | 10 / 8 |
| 2026-09-23 | $4.35 | $22,831,809,215 | 10 / 8 |
| 2026-09-24 | $4.35 | $22,831,809,215 | 10 / 8 |
| 2026-09-25 | $4.35 | $22,831,809,215 | 10 / 8 |
| 2026-09-26 | $4.35 | $22,831,809,215 | 10 / 8 |
| 2026-09-27 | $4.35 | $22,831,809,215 | 10 / 8 |
| 2026-09-28 | $4.35 | $22,831,809,215 | 10 / 8 |
| 2026-09-29 | $4.35 | $22,831,809,215 | 10 / 8 |
| 2026-09-30 | $4.35 | $22,831,809,215 | 10 / 8 |
| 2026-10-01 | $4.34 | $22,834,355,267 | 11 / 9 |
| 2026-10-02 | $4.34 | $22,854,221,934 | 11 / 9 |
| 2026-10-03 | $4.34 | $22,854,221,934 | 11 / 10 |
| 2026-10-04 | $4.34 | $22,854,221,934 | 11 / 10 |
| 2026-10-05 | $4.34 | $22,854,221,934 | 11 / 10 |
| 2026-10-06 | $4.36 | $22,926,554,764 | 11 / 10 |
| 2026-10-07 | $4.36 | $22,926,554,764 | 11 / 10 |
| 2026-10-08 | $4.36 | $22,926,563,438 | 11 / 10 |
| 2026-10-09 | $4.36 | $22,926,563,438 | 11 / 10 |
| 2026-10-10 | $4.36 | $22,926,563,438 | 11 / 10 |
| 2026-10-11 | $4.36 | $23,002,013,028 | 11 / 10 |
| 2026-10-12 | $4.36 | $23,002,013,028 | 11 / 10 |
| 2026-10-13 | $4.36 | $23,002,013,028 | 11 / 10 |
| 2026-10-14 | $4.36 | $23,002,013,028 | 11 / 10 |
| 2026-10-15 | $4.36 | $23,002,013,028 | 11 / 10 |
| 2026-10-16 | $4.36 | $23,002,013,028 | 11 / 10 |
| 2026-10-17 | $4.36 | $23,002,013,028 | 11 / 10 |
| 2026-10-18 | $4.36 | $23,002,013,028 | 11 / 10 |
| 2026-10-19 | $4.36 | $23,002,013,028 | 11 / 10 |
| 2026-10-20 | $4.36 | $23,002,013,028 | 11 / 10 |
| 2026-10-21 | $4.36 | $23,028,666,500 | 11 / 10 |
| 2026-10-22 | $4.36 | $23,022,391,160 | 11 / 10 |
| 2026-10-23 | $4.39 | $23,096,724,493 | 11 / 10 |
| 2026-10-24 | $4.39 | $23,096,724,493 | 11 / 10 |
| 2026-10-25 | $4.39 | $23,096,724,493 | 11 / 10 |
| 2026-10-26 | $4.39 | $23,096,724,493 | 11 / 10 |
| 2026-10-27 | $4.39 | $23,096,724,493 | 11 / 10 |
| 2026-10-28 | $4.45 | $23,307,576,742 | 11 / 10 |
| 2026-10-29 | $4.50 | $23,355,939,610 | 11 / 9 |
| 2026-10-30 | $4.50 | $23,385,939,610 | 11 / 9 |
| 2026-10-31 | $4.50 | $23,385,939,610 | 11 / 9 |
| 2026-11-01 | $4.50 | $23,385,939,610 | 11 / 9 |
| 2026-11-02 | $4.50 | $23,385,939,610 | 11 / 9 |
| 2026-11-03 | $4.50 | $23,389,672,943 | 11 / 9 |
| 2026-11-04 | $4.50 | $23,389,672,943 | 11 / 9 |
Revenue and EPS estimates track expectations. They are not delivered results or like-for-like proof of a required annual path.
Latest: 14 Buy / Strong Buy · 4 Hold · 0 Sell / Strong Sell
Recent actions · Oct 6–Nov 4 · 5 recorded
1 raises · 2 cuts · 0 unchanged · 0 without a comparable prior
Oct 6, 2026–Nov 4, 2026. Each firm's latest positive target is paired only with its immediately prior positive target from the same provider, at most 180 days earlier. Unmatched observations have one dot; conflicting observations are not compared.
2 of 3 published conditions remain under pressure or need verification. The next results need to address those conditions.
The dated weekly assessment and its assumptions are available in Read detailed Outlook.