"Corning Incorporated ( NYSE:GLW) has delivered one of 2026's most impressive rallies, climbing 50.2% year-to-date and 46% over the past month. Corning's 2026 is so good, it's now the 6th top performing stock in the entire S&P 500. The 175-year-old materials science company is riding three converging waves: stellar earnings execution, a massive partnership with Meta, and surging demand for AI data center infrastructure."
"Corning's Q4 2025 results, reported on January 28, 2026, set the stage for the rally. The company posted EPS of $0.72, beating Wall Street's $0.7125 estimate, while revenue hit $4.412 billion against expectations of $4.396 billion. That marked the fourth consecutive quarter of earnings beats in 2025, with full-year core EPS climbing 26% and operating margins expanding 390 basis points to 20.2%."
"The company achieved its 20% operating margin target a full year ahead of schedule, and management upgraded its Springboard plan to target $11 billion in incremental annualized sales by 2028, up from the original $8 billion goal. CEO Wendell P. Weeks highlighted the company's transformation: "Since the launch of Springboard two years ago, we have transformed Corning's financial profile. We now have a highly profitable launch point for future growth.""
Corning's share price rose 50.2% year-to-date and 46% over the past month, making it the sixth best performer in the S&P 500 in 2026. Q4 2025 results showed EPS of $0.72 and revenue of $4.412 billion, marking the fourth consecutive quarter of earnings beats; full-year core EPS grew 26% and operating margins expanded 390 basis points to 20.2%. Management hit the 20% operating margin target a year early and raised the Springboard incremental-sales goal to $11 billion by 2028. A multiyear fiber-optic supply agreement with Meta valued up to $6 billion and surging AI data center demand fueled the rally, prompting questions about momentum sustainability.
Read at 24/7 Wall St.
Unable to calculate read time
Collection
[
|
...
]