GLW

NYSE

CORNING INC /NY

Information Technology, Electronic Components

$165.68

close 7 Aug 2026

+154.97%

52-week change

$142.59B

market cap

$63.37

$271.78

52-week range

Expected price

$89.44 – $109.32

Current price

$165.68

Signal

Could be overvalued

A historical-multiple reference, never a fair-value claim. The band uses only data public at each date and ends at the latest month — no forward estimates.

Current multiples

P/E (TTM)79.65x

P/S (TTM)8.74x

P/B12.07x

EV/EBITDA (TTM)39.92x

FCF yield (TTM)1.05%

PEG (TTM, GAAP)13.46

Context

P/E, own 5-year average64.25x

P/E, sector median37.34x*

Price at 5-year median P/E$96.19*

Indicated dividend yield0.68%

Forward — analyst consensus

Forward P/E (FY2026)50.67x*

Forward P/E (FY2027)38.35x

Forward PEG1.58*

Consensus EPS FY2026 (14 analysts)$3.27

EPS growth (FY2026→FY2027)32.13%

Revenue growth (FY2026)17.12%

Street view

Price target (mean)$191.40*

Target upside15.52%

Ratings (buy / hold / sell)12 / 4 / 0

FY2026 EPS revisions, 30d (up / down)3 / 1

5-year history

Dashed line: average of month-end values

P/E (TTM)

P/S (TTM)

P/B

FCF yield (TTM)

Dividend yield

period to 31 Mar 2026, filed 1 May 2026, close 7 Aug 2026

Discounted cash flow

Ten projected years plus a perpetuity, prefilled from filings — a model to argue with, never a fair-value claim.

Free cash flow, last ten years and TTM

5Y CAGR +11.97%10Y CAGR -1.10%

Assumptions

Growth rate, years 1–10%

Perpetual growth%Discount rate%

Base FCF$M

As filed — not assumptions

Current price$165.68

Cash & equivalents$1.76B

Total debt$8.97B

Shares outstanding860.64M

Result

DCF price per share$59.59

Current price$165.68

Margin of safety-64.03%

PV of years 1–10$18.39B

PV of terminal value$40.11B

Equity value$51.28B

Market-implied growth+24.35%

Projected FCF, years 1–10

Hover for PV and growth

Projection detail

Override growth for any year; blank years use the uniform rate

Year	2026	2027	2028	2029	2030	2031	2032	2033	2034	2035	Terminal
Growth, %											2.5
FCF	$1.68B	$1.88B	$2.11B	$2.36B	$2.64B	$2.96B	$3.31B	$3.71B	$4.15B	$4.65B	$86.59B
PV	$1.56B	$1.61B	$1.67B	$1.73B	$1.80B	$1.86B	$1.93B	$2.00B	$2.08B	$2.15B	$40.11B

period to 31 Mar 2026, filed 1 May 2026, close 7 Aug 2026