Corning (GLW) Q3 2026 earnings — TrendMatrix coverage
Reported
Model-generated analysis — not investment advice. Not a registered investment advisor. Past performance does not guarantee future results. How we score · Full disclosure · Editorial policy
Key numbers
- Adjusted EPS
- $0.91
- Estimate
- $0.88
- Surprise
- +3.4%
- Score at report (before → after)
- 5.7 → 5.7/10
Revenue for this quarter isn’t shown: the reported figure hasn’t cleared TrendMatrix’s freshness and sanity checks yet, and consensus revenue isn’t tracked. EPS above is the available figure.
How the report landed
Corning (GLW) beat the $0.88 estimate with adjusted EPS of $0.91 — a clear 3.4% upside surprise. TrendMatrix's engine moved from Hold (5.7/10) to Sell at 5.7/10 after the report.
Where TrendMatrix's rating stands now
TrendMatrix currently rates GLW Sell at 6.2/10.
4 of the last 4 quarters beat the estimate; this quarter's +3.4% surprise compares with a +2.5% four-quarter average. Next scheduled report: 2027-01-26.
What supports the rating
- Strong earnings beat streak (4/4)
- Strong growth profile
What argues against it
- Concentration risk — Customer: top-3 Automotive customers (61.0%)
- Concentration risk — Customer: top-3 Display customers (59.0%)
- Sector modifier (Technology): -0.8
This section and the ones below it reflect TrendMatrix’s latest engine read — they update after the report date and are not frozen to it.
The levels TrendMatrix's engine tracks
- Current price
- $131.20
- Price target
- $164.49
- Stop
- $122.02
- Upside to target
- +25.4%
- Reward-to-risk
- 2.2:1
The stock trades at 53.1× trailing but 29.0× forward earnings — consensus estimates already build in a substantial earnings recovery.
Model outputs from TrendMatrix’s engine as of 2026-10-29 — shown for context, not personalized investment advice.
GLW at TrendMatrix's latest read
Technology names get repriced on forward expectations more than trailing prints — a quarter here is read through next-year growth and multiple, not the EPS line alone.
- Industry
- Electronic Components
- Market cap
- $112.78B
- P/E (fwd)
- 29.0
- P/E (ttm)
- 53.1
- 52-week range
- $77.39–$271.78
- Off 52-week high
- 51.7%
- RSI (14)
- 31
- Volume vs avg
- 1.36×
- Score today
- 6.2/10