Business description: Corning Incorporated

Corning Incorporated is the world leader of the production and the marketing of substrata of glass and ceramic of specialty. Net sales break down by market as follows:

- telecommunications (35.5%): products of fiber optical, cables, etc. for networks of communication;

- electronic large public (20.8%): glass substrata intended for screens of televisions sets LCD, PC and laptops;

- environment (11.9%): substrata of ceramic and filters intended for systems fight against vehicles emissions;

- life science (7.1%): in particular optical biosensors for pharmaceutical research;

- other (24.7%): solutions based on plastic and glass of specialty intended notably to the sectors of semiconductors, aerospace, defense, astronomy and metrology.

Number of employees: 56,300

Sales by Activity: Corning Incorporated

Fiscal Period: December20202021202220232024

Optical Communications

3.56B 4.35B 5.02B 4.01B 4.66B

Display

3.17B 3.7B 3.31B 3.53B 3.87B

Environmental Technologies

1.37B 1.59B 1.58B 1.77B 1.66B

Specialty Materials

1.88B 2.01B 2B 1.86B 2.02B

Hemlock and Emerging Growth Businesses

- - 1.66B 1.45B 1.28B

Life Sciences

998M 1.23B 1.23B 959M 979M

All Other

465M 1.24B - - -

Unallocated Cumulative Adjustment Related to Customer Contract

-105M - - - -

Unallocated Impairment of Upfront Fees to a Customer

- - - - -42M

Unallocated Impact of Constant Currency Reporting

-44M -38M -616M -992M -1.31B
See all business segments

Geographical breakdown of sales: Corning Incorporated

Fiscal Period: December20202021202220232024

United States

3.41B 4.54B 5.15B 4.44B 5.17B

China

3.73B 4.5B 4.44B 4.44B 4.69B

Taiwan

887M 983M 813M 855M 1.02B

Other Europe

838M 925M 1.12B 998M 926M

Japan

505M 780M 617M 667M 688M

Germany

378M 462M 539M 535M 494M

Korea

748M 640M 514M 418M 486M

Other Asia Pacific

340M 459M 729M 620M 424M

Canada

274M 472M 503M 317M 256M

All Other

261M 272M 294M 208M 183M

Mexico

75M 93M 96M 84M 127M

Unallocated

- - -616M -992M -1.35B
See all geographic segments

Executive Committee: Corning Incorporated

Manager TitleAgeSince
Chief Executive Officer 65 2005-03-31
Director of Finance/CFO 57 2021-12-06
Chief Tech/Sci/R&D Officer 56 2022-05-31
Chief Tech/Sci/R&D Officer 49 2022-10-31
Chief Operating Officer 57 -
See CORNING INCORPORATED governance

Composition of the Board of Directors: Corning Incorporated

Director TitleAgeSince
Chairman 65 2007-04-25
Director/Board Member 75 2005-12-31
Director/Board Member 70 2012-01-30
Director/Board Member 58 2013-02-04
Director/Board Member 61 2025-04-29
Director/Board Member 66 2015-02-02
Director/Board Member 73 2018-07-17
Director/Board Member 73 2021-03-31
Director/Board Member 68 2021-06-28
Director/Board Member 65 2023-06-19
Composition of the Board of Directors

Shareholders: Corning Incorporated

NameEquities%Valuation
Vanguard Fiduciary Trust Co.
11.51 %
98,702,639 11.51 % 8 311 M $
7.931 %
68,000,000 7.931 % 5 726 M $
BlackRock Advisors LLC
5.928 %
50,824,197 5.928 % 4 279 M $
4.317 %
37,008,856 4.317 % 3 116 M $
Merrill Lynch International
2.374 %
20,356,606 2.374 % 1 714 M $
NameEquities%Valuation
100 %
2,300 100 % 193 660 $
List of CORNING INCORPORATED shareholders

Holdings: Corning Incorporated

NameEquities%Valuation
1,665,734 8.51% 31,374,450 $
119,500 2.1% 800,240 $

Company details: Corning Incorporated

Corning, Inc.

One Riverfront Plaza

14831, Corning

+607-974-9000

http://www.corning.com
address Corning Incorporated(GLW)

Group companies: Corning Incorporated

NameCategory and Sector
Corning Display Technolgies China (Chongqing) Co., Ltd.
See all subsidiaries

Display Screens

Change 5d. change 1-year change 3-years change Capi.($)
-2.07%-5.29%+79.10%+167.15% 73.98B
+0.24%-0.72%-3.72%+15.32% 21.83B
+1.11%+2.01%-8.25%+27.63% 13.19B
-2.94%-2.16%-29.10%+8.04% 6.64B
-1.12%-0.75%+1.54%-3.65% 5.18B
-2.03%-6.15%+28.06%-10.07% 4.09B
-3.01%-7.53%-15.41%-5.81% 3.27B
+0.78%+2.85%-20.44%+42.23% 3.31B
-0.68%-3.08%-4.76%-5.17% 3.07B
-1.31%0.00%-27.10%-24.92% 2.71B
Average -1.10%-2.49%-0.01%+21.07% 13.73B
Weighted average by Cap. -1.31%-3.48%+39.23%+95.40%
See all sector performances
Trader
Investor
Global
Quality
ESG MSCI
BBB
More Ratings
Sell
Consensus
Buy
Mean consensus
BUY
Number of Analysts
14
Last Close Price
86.29USD
Average target price
93.31USD
Spread / Average Target
+8.13%
Consensus

Quarterly revenue - Rate of surprise

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