Corning stock trades at EUR 139.58 versus EUR 140.33 minus 0.53 percent
Published on 09/30/2026 at 12:18 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS
Corning Inc. (US2193501051) was trading at EUR 139.58 at Lang & Schwarz on September 30, 2026 at 12:12 p.m. CEST, down 0.53 percent from the EUR 140.33 prior close. The company highlighted an AT&T agreement worth more than USD 3 billion on September 29, 2026, adding a fresh demand signal for its fiber business.
Fiber demand gains a new contract
According to Corning, the AT&T agreement supports a larger fiber footprint as internet usage and artificial intelligence infrastructure increase bandwidth needs. The company also described optical communications as a core product area covering fiber, cable and connectivity hardware.
The contract follows Corning's September 8, 2026, multi-year supply agreement with Verizon for more than 80 million miles of high-density optical fiber and connectivity solutions from 2027 through 2032, according to S&P Capital IQ. Together, the agreements connect Corning's optical products with broadband expansion and data-center demand.
Quarterly figures beat consensus
MarketBeat reported that Corning's Q2 2026 revenue was USD 4.74 billion, up 17.1 percent from the prior-year quarter. EPS came in at USD 0.78 against a USD 0.76 consensus estimate, a USD 0.02 beat, while the company issued Q3 2026 EPS guidance of USD 0.85-0.89.
The comparison matters because the earnings growth is already visible in reported revenue, while the guidance range points to a higher earnings level in the following quarter. MarketBeat also cited a 69.8 percent institutional ownership rate, a figure that places professional holders among the stock's key trading influences.
Targets remain wide apart
MarketBeat cited a Moderate Buy consensus from 18 analysts and an average 12-month target of USD 176.50. The same report listed Goldman Sachs at Outperform on September 15, 2026, while earlier target changes show a more divided view.
According to MarketBeat, Mizuho cut its price target from USD 210.00 to USD 180.00 and retained an Outperform rating on September 15, 2026. The adjustment contrasts with the USD 176.50 consensus target and leaves the analyst range broad.
Corning stock trades below prior close
Corning stock was trading at EUR 139.58 at Lang & Schwarz on September 30, 2026 at 12:12 p.m. CEST, minus 0.53 percent versus the EUR 140.33 prior close. The primary listing is on the NYSE under ticker GLW.
Corning stock snapshot
- Company: Corning Inc.
- ISIN: US2193501051
- Ticker: GLW
- Primary exchange: NYSE
- Price Lang & Schwarz (as of September 30, 2026, 12:12 p.m. CEST): EUR 139.58
- Change versus prior close: minus 0.53 percent
- Prior close Lang & Schwarz (September 29, 2026): EUR 140.33
- Market capitalization: USD 136.7 billion (as of September 29, 2026)
- 52-week range: USD 77.39-271.78 (as of September 29, 2026)
- Sector / Industry: Technology / Hardware, Equipment & Parts
