JPMorgan cuts Corning target to USD 165: Corning stock falls 1.85 percent
Published on 10/26/2026 at 10:36 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWSDividend and earnings dates
- JPMorgan lowered Corning's target from USD 170 to USD 165 on October 21, 2026.
- Corning declared a USD 0.28 dividend on October 6, 2026, payable December 11, 2026.
- Corning stock trades at EUR 110.11 at 10:33 a.m. CET at Lang & Schwarz on October 26, 2026, 1.85 percent below the Xetra close of October 23, 2026.
- Second-quarter 2026 revenue was USD 4.74 billion, up 17.1 percent year over year.
Corning Inc. (ISIN US2193501051) was trading at EUR 110.11 at Lang & Schwarz on October 26, 2026, at 10:33 a.m. CET, down 1.85 percent versus the Xetra close of October 23, 2026 at EUR 112.18. JPMorgan lowered its Corning price target from USD 170 to USD 165 on October 21, 2026, while maintaining a neutral rating, according to MarketScreener.
Three recent company events
Corning and AT&T announced a more than USD 3 billion fiber agreement on September 29, 2026, according to Corning. On October 6, 2026, Corning's board declared a USD 0.28 quarterly dividend, payable to shareholders of record on November 13, 2026, according to Corning. JPMorgan's October 21, 2026 target cut was the latest of the three events, as reported by MarketScreener.
What supports the earnings setup?
Corning's second-quarter 2026 revenue reached USD 4.74 billion, up 17.1 percent year over year, while quarterly earnings per share came in at USD 0.78, according to MarketBeat. The company had guided for third-quarter 2026 earnings per share of USD 0.85 to USD 0.89, and its third-quarter earnings call is scheduled for October 27, 2026 at 8:30 a.m. ET, according to Corning.
Dates for shareholders
The dividend's record date is November 13, 2026, and payment is scheduled for December 11, 2026, according to Corning. Those dates give shareholders a defined cash-flow timetable, while the October 27 earnings call is the next major operating checkpoint.
The euro quote moves lower
At Lang & Schwarz, Corning stock was trading at EUR 110.11 on October 26, 2026 at 10:33 a.m. CET, down 1.85 percent versus the Xetra close of October 23, 2026 at EUR 112.18. The NYSE listing closed at USD 123.69 on October 23, 2026. The further course of trading is shown by the continuously updated real-time quote of Corning stock.
Corning stock facts
- Company: Corning Incorporated
- ISIN: US2193501051
- Ticker: GLW
- Primary exchange: NYSE
- Price Lang & Schwarz (as of October 26, 2026, 10:33 a.m. CET): EUR 110.11
- Change versus Xetra close: minus 1.85 percent
- Xetra close (October 23, 2026): EUR 112.18
- Market capitalization: USD 106.5 billion (as of October 23, 2026)
- 52-week range: USD 77.39-271.78 (as of October 23, 2026)
- Sector / Industry: Technology / Hardware, Equipment & Parts
- Next earnings date: October 27, 2026
Market context: Market report S&P 500.
