Corning Inc., US2193501051

Corning stock sits 31.46 percent below Truist's USD 182.00 target

Published on 10/16/2026 at 15:20 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Corning reports results on October 27, 2026. Corning stock costs EUR 122.27 on October 16, 2026, up 0.60 percent versus the Xetra close.

Analyst view and trading dates

Truist's USD 182.00 target leaves Corning stock 31.46 percent above its USD 138.36 home-market price on October 2, 2026.
Corning is scheduled to report third-quarter results on October 27, 2026.
Corning stock trades at EUR 122.27 at 3:10 p.m. CEST at Lang & Schwarz on October 16, 2026, 0.60 percent above the Xetra close of October 15, 2026.
Corning's earnings multiple stood at 62.89 as of October 15, 2026.

Aquarellmalerei einer amerikanischen Industriestadt im Flusstal — Corning Inc. Unternehmensstandort US2193501051 – Aquarellansicht einer Industriestadt im Flusstal mit Fabrikgebäuden, Illustration mit AI erstellt.

Truist's USD 182.00 price target leaves Corning stock 31.46 percent above the company's USD 138.36 home-market price, based on the October 2, 2026 analyst action reported by MarketBeat. Corning stock was trading at EUR 122.27 at Lang & Schwarz on October 16, 2026 at 3:10 p.m. CEST, up EUR 0.73 or 0.60 percent versus the Xetra close of October 15, 2026 at EUR 121.54.

October 27 sets the next date

Corning's next scheduled reporting date is October 27, 2026, before the US market opens, according to Gekko. The date gives investors a defined test for demand in optical communications and for the company's third-quarter outlook.

Price sits inside yearly range

The euro quotation stood between its 52-week low of EUR 66.38 and high of EUR 237.25 on October 16, 2026. That places the price EUR 114.98 below the high and EUR 55.89 above the low. The same-day US quotation was USD 138.36 on October 15, 2026, while the 52-week US range was USD 77.39 to USD 271.78.

Corning's latest standardized quarterly figures cover the second quarter of 2026. Revenue was USD 4.51 billion and operating profit was USD 698.00 million for the period ended June 30, 2026. Operating cash flow was USD 1.72 billion in that quarter.

Valuation and income profile

Market capitalization was USD 119.2 billion, the earnings multiple was 62.89 and the dividend yield was 0.01 percent as of October 15, 2026. The valuation remains a key number ahead of the October 27 report because the upcoming release will determine whether the recent growth profile is carrying into the next quarter.

Comparison with peers

Corning Inc.: plus 0.60 percent, P/E 62.89, market capitalization USD 119.2 billion

Amphenol Corporation (NYSE, USD): minus 1.45 percent, P/E 40.74, market capitalization USD 201.0 billion

Coherent, Inc. (Nasdaq, USD): minus 4.83 percent, P/E 60.97, market capitalization USD 49.4 billion

Trading levels and the next test

The current euro price was above the Xetra close while the US quotation remained below its 52-week high by 49.09 percent on October 15, 2026. The next scheduled company date is October 27, 2026, when Corning is expected to publish its third-quarter figures before the US market opens. The further course of trading is shown by the continuously updated real-time quote of Corning stock.