Corning Inc., US2193501051

Bernstein starts coverage of Corning stock at Market Perform

Published on 10/02/2026 at 15:44 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

AT&T deal exceeds USD 3 billion on September 29, 2026. Corning stock costs EUR 143.26 on October 2, 2026 versus EUR 142.46, plus 0.56 percent.

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Corning Inc. stock (ISIN US2193501051) was trading at EUR 143.26 at Lang & Schwarz on October 2, 2026 at 3:34 p.m. CEST, plus 0.56 percent versus the prior close of EUR 142.46 on October 1, 2026. According to Fintel on September 30, 2026, Bernstein initiated coverage with a Market Perform recommendation.

Bernstein adds a neutral rating

The initiation gives the latest analyst action a cautious tone after several firms had kept positive ratings on Corning. Fintel lists 21 recommendations as of September 1, 2026, including 7 strong buys, 9 buys and 5 holds, with no sell ratings.

Fiber demand supports revenue growth

Corning said on September 29, 2026, that its multiyear agreement with AT&T is worth more than USD 3 billion. The deal covers fiber and cable as AT&T expands broadband capacity for internet and artificial intelligence demand.

According to MarketBeat, Corning reported USD 4.74 billion of revenue in the second quarter of 2026, up 17.10 percent from the same quarter a year earlier. Adjusted earnings per share reached USD 0.78 versus USD 0.76 consensus, while third-quarter 2026 guidance stood at USD 0.85-0.89.

October 27 is the next reporting date

Fintel lists October 27, 2026, as Corning's next earnings report date. That timing puts the third-quarter guidance and the commercial contribution from the AT&T agreement at the center of the next company update.

Corning stock holds above the prior close

Corning's market capitalization was USD 139.8 billion as of October 2, 2026. The combination of 17.10 percent revenue growth and a 0.56 percent Lang & Schwarz gain leaves the stock's immediate setup tied to execution against the fiber demand outlook.

At Lang & Schwarz, Corning stock was trading intraday at EUR 143.26 on October 2, 2026 at 3:34 p.m. CEST, versus the EUR 142.46 prior close on October 1, 2026, for a gain of 0.56 percent. The further course of trading is shown by the continuously updated real-time quote of Corning stock.