Corning announces Q3 core EPS of 67 cents, surpassing consensus estimate of 66 cents.
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Oct 28 2025
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Should l Buy GLW?
Q3 Financial Performance: The company reported Q3 core revenue of $4.27 billion, exceeding the consensus estimate of $4.24 billion.
Year-over-Year Growth: Core sales increased by 14% compared to the previous year, while core earnings per share (EPS) rose by 24% to $0.67.
Springboard Initiative Success: The Springboard plan has added $4 billion to the annualized sales run rate and significantly improved profitability.
Future Projections: The company anticipates an operating margin of 20% in the fourth quarter, achieving this goal a year ahead of schedule.
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Analyst Views on GLW
Wall Street analysts forecast GLW stock price to fall over the next 12 months. According to Wall Street analysts, the average 1-year price target for GLW is 99.00 USD with a low forecast of 83.00 USD and a high forecast of 110.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
10 Analyst Rating
8 Buy
2 Hold
0 Sell
Strong Buy
Current: 112.790
Low
83.00
Averages
99.00
High
110.00
Current: 112.790
Low
83.00
Averages
99.00
High
110.00
About GLW
Corning Incorporated operates as an innovator in materials science. Its segments include Optical Communications, Display Technologies, Specialty Materials, Environmental Technologies, and Life Sciences. Its Optical Communications segment manufactures carrier network and enterprise network components for the telecommunications industry. Its Display Technologies segment manufactures glass substrates for flat-panel displays, including liquid crystal displays and organic light-emitting diodes. Its Specialty Materials segment manufactures products that provide material formulations for glass, glass ceramics and fluoride crystals for customer needs. Its Environmental Technologies segment manufactures ceramic substrates and filters for emission control systems in mobile applications. Its Life Sciences segment develops, manufactures and supplies laboratory products, including labware, equipment, media, serum and reagents, enabling workflow solutions for drug discovery and bioproduction.
About the author

Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
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- Fiber Market Opportunity: Corning's fiber-optic cables are favored for their efficiency in data centers compared to copper, with the market expected to triple in size, particularly as AI developers demand high-speed data transmission, solidifying Corning's leadership in this sector.
- Meta Deal Boosts Growth: Meta has placed a multi-year order worth $6 billion with Corning, which is expected to significantly drive growth in Corning's enterprise optical communications business, especially with the construction of its hyperscale data centers, enhancing revenue and market share.
- Strong Financial Performance: Corning achieved core revenue of $16.4 billion in 2025, a 13% increase year-over-year, with its optical communications segment contributing $6.2 billion and growing at 35%, reflecting the company's robust performance and improved profitability in the fiber market.
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- Significant Market Potential: Corning anticipates that the data center optical fiber market could triple due to soaring demand from AI developers, presenting substantial growth opportunities, especially following the $6 billion long-term order with Meta.
- Notable Revenue Growth: In 2025, Corning generated core revenue of $16.4 billion, a 13% increase year-over-year, with its optical communications segment contributing $6.2 billion, growing at a remarkable 35%, highlighting the company's strong performance in the fiber market.
- Enhanced Profitability: The optical communications segment's net income surged by 71% to $1.05 billion in 2025, accounting for nearly half of Corning's total net income, indicating that robust fiber demand is boosting the company's profit margins.
- Optimistic Future Outlook: Corning's CEO stated that the company is finalizing several agreements similar to the Meta deal, suggesting that there could be more revenue growth opportunities ahead, further solidifying its leadership position in the optical fiber market.
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