Track market-moving stories before they get noisy

Key Takeaways Corning expects Q3 sales of $5 billion and EPS of 88 cents, with its model predicting an earnings beat.AI infrastructure demand and deals with Amazon, NVIDIA and Verizon support Optical Communications growth.Solar profitability may improve as production resumes, while uneven consumer electronics pose challenges. Corning Incorporated (GLW - Free Report) is scheduled to report third-quarter 2026 earnings on Oct. 27, 2026. The Zacks Consensus Estimate for sales and earnings is pegged at $5 billion and 88 cents per share, respectively. Earnings estimates for GLW have increased 0.61% to $3.29 for 2026 and increased 0.47% to $4.3 for 2027 over the past 60 days.

GLW Estimate Trend
Image Source: Zacks Investment Research

Earnings Surprise HistoryThe advanced glass substrates producer has a solid trailing four-quarter earnings surprise history. It delivered a four-quarter earnings surprise of 1.75%, on average.

Image Source: Zacks Investment Research

Earnings WhispersOur proven model predicts a likely earnings beat for Corning for the third quarter. The combination of a positive Earnings ESP and a Zacks Rank #1 (Strong Buy), #2 (Buy) or #3 (Hold) increases the chances of an earnings beat. You can uncover the best stocks to buy or sell before they’re reported with our Earnings ESP Filter. That is exactly the case here.

Corning currently has an ESP of +0.68% and a Zacks Rank #2. You can see the complete list of today’s Zacks #1 Rank stocks here.

Factor Shaping Upcoming ResultsCorning’s Optical Communications business is expected to remain a key driver of its third-quarter 2026 performance. Growing investment in AI infrastructure and hyperscale data centers is boosting demand for optical fiber, cables and high-density connectivity solutions.

Multiyear agreements with Amazon and NVIDIA, along with Corning's previously announced partnership with Meta, provide further support for demand. The company's September agreement with Verizon to supply high-density optical fiber and connectivity solutions through 2032 also strengthens its long-term growth prospects.

Corning's Solar business is another important factor to watch as the company seeks to improve profitability following production-related disruptions. An extended maintenance shutdown and equipment upgrades at the wafer facility weighed on profitability during the second quarter. Management expects sales and profits to improve in the third quarter as production resumes and operational efficiency strengthens. However, performance across other businesses remains uneven. Demand trends in consumer electronics and automotive markets, along with higher memory prices affecting smartphones, could hinder growth in some of Corning's businesses.

Price PerformanceOver the past year, Corning has surged 41.8% compared with the industry’s growth of 100.8%. It has outperformed peers like Amphenol Corporation (APH - Free Report) but lagged Ciena Corporation (CIEN - Free Report) over this period. While Amphenol has gained 9.2%, Ciena has jumped 80.2%.

Image Source: Zacks Investment Research

Key Valuation MetricFrom a valuation standpoint, Corning appears discounted relative to the industry and is trading below its mean. Going by the price/earnings ratio, the company’s shares currently trade at 30.24 forward earnings, lower than 31.13 for the industry and higher than the stock’s mean of 26.57.

Image Source: Zacks Investment Research

Investment ConsiderationCorning is strengthening its position in the expanding AI infrastructure market through its optical connectivity portfolio and relationships with major technology companies. As data centers require greater bandwidth and more sophisticated networking capabilities, demand for optical fiber, cable and connectivity products could provide a significant growth opportunity. The company's planned expansion of U.S. manufacturing capacity and its investment in next-generation optical technologies further support its long-term prospects.

Under the upgraded Springboard plan, management aims to reach annualized sales run rates of $20 billion by the end of 2026, $30 billion by the end of 2028 and $40 billion by the end of 2030. However, these targets depend on successful execution and sustained customer demand.

The Solar business offers another potential source of growth as Corning expands its U.S. manufacturing capabilities across polysilicon, wafers and modules. A recovery in production efficiency could support improved segment profitability.

End NoteAI-driven demand for optical connectivity, long-term customer agreements and improving operating margins are major positives for Corning ahead of third-quarter results. The anticipated recovery in Solar profitability could provide an additional boost. Sustained improvement in its profitability and cash generation over the past few quarters is a tailwind. Hence, with a Zacks Rank #2, Corning appears to be a good investment option at present.

On October 22, 2026, Corning Inc GLW shares fell 8.1%, closing at $123.99. The stock has seen significant volatility recently, with a 52-week trading range of $77.39 to $271.78.

GF Value™ verdict: The current price is $123.99, which is 83.0% above the estimated fair value of $67.77.GF Score™: 75/100, indicating an above-average score with strengths in growth and profitability.Notable signal: Insider activity shows that insiders sold $112.2 million worth of shares over the past 12 months with no buying activity.Is GLW Overvalued or Undervalued?Corning Inc's current price of $123.99 is significantly higher than the GF Value™ estimate of $67.77, indicating that the stock is overvalued by approximately 83.0%. The GF Value™ is GuruFocus's proprietary intrinsic value estimate, which is derived from historical trading multiples, business growth, and future performance projections. This substantial overvaluation implies a lack of margin of safety for potential investors, as the price is not supported by the company's fundamentals.

The GF Valuation label categorizes GLW as "Significantly Overvalued," highlighting the risks associated with investing in a stock that is trading far above its intrinsic value. Investors may face potential losses if the market corrects this disparity, as high valuations often precede downward adjustments in stock prices.

How Does GLW's Valuation Compare to Its History?MetricCurrentHistoricalP/E (TTM)56.9x48.2xForward P/E28.5xN/ACorning's current P/E ratio of 56.9x is 18% above its 5-year median of 48.2x, suggesting that the stock is trading at a premium compared to its historical valuation. This analysis aligns with the GF Value™ verdict of being overvalued, as a higher P/E ratio typically indicates that a stock is priced for growth that may not be substantiated by its earnings performance.

What Does GLW's GF Score™ Tell Us?The GF Score™ measures a company's overall financial health and market performance by evaluating various metrics such as financial strength, profitability, growth, valuation, and momentum. Corning's GF Score™ of 75/100 indicates that the company is performing above average. The strongest sub-ranks are in growth (8/10) and profitability (7/10), while the valuation rank is notably low at 1/10, reinforcing the overvaluation concern.

MetricRatingGF Score™75Financial Strength6/10Profitability7/10Growth8/10Valuation1/10Momentum9/10Overall, while Corning demonstrates solid growth and profitability, the extremely low valuation rank indicates a pressing concern regarding its current market price. Investors may find the valuation metrics troubling given the high P/E and low margin of safety.

What Are Gurus and Insiders Doing with GLW?Currently, 11 gurus hold GLW, with 3 increasing their positions and 10 trimming their stakes in recent quarters. This mixed activity suggests a cautious approach among institutional investors. Furthermore, the significant insider selling of $112.2 million over the past year, with no corresponding buying, raises red flags regarding the company's future prospects. Such behavior from insiders often reflects their sentiment about the company's current valuation and future performance, and it could serve as a warning for potential investors.

What This Means for InvestorsBased on the GF Value™ assessment, Corning Inc GLW is currently overvalued at $123.99, with a significant divergence from its estimated fair value of $67.77. Given the high P/E ratio, low valuation rank, and concerning insider activity, investors may want to exercise caution when considering an investment in this stock. For a more detailed analysis, visit the Corning Inc (GLW) stock page and explore the GF Value™ page.

Frequently Asked QuestionsWhat is GLW's GF Score™?

GLW has a GF Score™ of 75/100, indicating that the company is performing above average compared to its peers.

Is GLW overvalued or undervalued?

GLW is considered overvalued, with a current price significantly above its GF Value™ estimate of $67.77.

What is GLW's P/E ratio?

GLW has a P/E ratio of 56.9x, which is above its 5-year median of 48.2x, indicating that it is trading at a premium compared to its historical valuation.

This stock alert was generated using automated technology and GuruFocus financial data to provide readers with timely and accurate market reporting. This content was reviewed by GuruFocus editorial team prior to publication. Please send any questions or comments about this story to [email protected].

Disclosures
I/We may personally own shares in some of the companies mentioned above. However, those positions are not material to either the company or to my/our portfolios.

Beyond analysts' top-and-bottom-line estimates for Corning (GLW), evaluate projections for some of its key metrics to gain a better insight into how the business might have performed for the quarter ended September 2026.

Listen to the audio version of this article (generated by AI).

Tonight, after the closing bell, Meta (META) steps to the podium and tells the world how much it plans to spend building AI infrastructure next year.

One week later, on Oct. 28, Microsoft (MSFT) and Alphabet (GOOGL) do the same thing, on the same evening. Amazon (AMZN) follows roughly 24 hours after that. Apple (AAPL) closes out the parade on Nov. 2.

Then the very next morning, Americans vote in the midterm elections.

And the morning after that – Nov. 4 – is the date my colleague Eric Fry has circled in red. He believes it marks the start of the biggest shift in the AI trade since this bull market began.

Add it all up, and the next 14 days will deliver more information about the direction of the AI boom than the previous six months combined: hundreds of billions of dollars in spending plans, report cards from five of the most valuable companies on Earth, and an election in which data centers themselves are on the ballot for the first time.

Regular readers know where I stand on this buildout: I believe AI infrastructure is the defining investment opportunity of this decade, and that the companies solving its bottlenecks – power, cooling, wiring, connectivity – will keep minting winners for years to come. I’m not changing my stripes today. 

But when this much signal arrives in this short a window, the job is to stress-test what we believe. So, let’s walk through what’s coming – and why one of the sharpest investors I know thinks it ends very differently than I do.

AI Capex Is Entering a Different Kind of Earnings Season
For the past three years, AI earnings season followed a fairly simple script. A hyperscaler raises capex guidance; the market cheers. Bigger numbers meant bigger conviction, and conviction got rewarded.

That reflex is now mid-breakdown.

Organized opposition delayed or blocked an estimated $130 billion of U.S. data-center projects in the first quarter of this year alone. New York enacted the nation’s first statewide moratorium on new hyperscale facilities. More than 100 local moratoriums are under consideration nationwide. Data centers have become a campaign issue drawing opposition from both parties – and when the House voted on who should pay for the power infrastructure these facilities require, the tally was 417–3. Nothing passes 417–3 anymore. Making AI’s builders cover their own power bill does.

Meanwhile, the bond market has started grading AI paper. Debt tied to the sector’s most leveraged names repriced sharply this month, with yields on some AI-linked bonds pushing deep into double digits. Lenders have begun distinguishing between balance sheets, even when equity investors haven’t.

So, when those four CFOs step up over the next two weeks, they’re walking a tightrope that didn’t exist a year ago. Spend too little, and the market reads fading AI conviction. Spend too much, and the market may now read recklessness: more leverage, more political exposure, more capacity chasing compute prices that keep falling.

AI Infrastructure Is Getting Squeezed From Both Sides
Here’s the uncomfortable math underneath that tightrope that Eric Fry has been hammering on.

On one side, the cost of building AI infrastructure keeps rising. Politicians are shifting power costs onto developers, and the easy sites – cheap land, available grid connections, friendly neighbors – are gone. We’ve documented that force in these issues for months, from decade-long interconnection queues to a 23,000-GPU campus outside London that stalled because electricity couldn’t arrive before the 2030s.

On the other side, the price of what all that infrastructure sells keeps falling. Chips get more efficient. Models get leaner. Remember January 2025, when DeepSeek demonstrated how much AI could be done with cheaper technology and Nvidia shed $589 billion in a single session? The Dow finished higher that day. The money didn’t leave the market. It moved.

Rising costs to build. Falling prices for what you’ve built. Any business squeezed between those two forces has a problem – and the more leverage it carries, the faster the problem compounds.

On all of that, Eric and I see the same facts.

Builders vs. AI Appliers: Where Eric and I Split
Eric believes those forces trigger what he calls “The Separation“ – a split in the AI market that begins Nov. 4, no matter which party wins the midterms the night before. In his view, some of the market’s most popular AI infrastructure stocks could fall 50% or more, while investment dollars flood toward a different group entirely: overlooked companies using ever-cheaper AI to transform their businesses. The Builders stumble; the “AI Appliers” take off.

He’s made this kind of call before. In December 2000, Eric warned investors away from Corning (GLW): then one of the hottest stocks of the internet boom, laying the fiber that built the web. It subsequently fell 87%. That same month, he recommended Humana (HUM), a beaten-down health insurer quietly using the internet to run its business better. It eventually gained more than 4,000%. 

The company building the revolution cratered. The one applying it minted fortunes.

Why I Still Think AI Infrastructure Holds Up
My own view, as you likely know, is a bit different. I believe the demand side of this buildout is contractually locked in a way the dot-com era never was. 

Anthropic‘s reported $518 billion in compute commitments is roughly 80% noncancelable. OpenAI‘s revenue run rate is approaching $70 billion. And the toll collectors of this buildout are sitting on record order books: $53.4 billion at Quanta (PWR), $17.1 billion at EMCOR (EME), $15 billion at Vertiv (VRT), a record $2.4 billion at switchgear maker Powell (POWL) – which says fiscal 2027 is essentially booked – and a $4 billion cooling supply agreement at Modine (MOD) that came with a $165 million deposit paid upfront. The backbone of this buildout, in my view, keeps compounding.

Eric and I may have come to different conclusions, but we still agree on the forces, the pressure points, and the fact that the next 14 days are the test. And if this October has taught investors anything, it’s that the market has already started separating winners from losers inside this trade. 

The only open question is how far that separation runs.

The Bottom Line: Watch How the Market Reacts to AI Capex
Watch three things as the reports roll in over the next two weeks: 

Whether capex raises get cheered or punished – the reaction-function test. 
How the spending is funded, operating cash flow versus borrowed money, because credit markets are now grading the difference. 
Powered capacity versus announced capacity, because as we’ve already discussed, only one is real.

By the morning of Nov. 4, we’ll know which world we’re in. Eric believes that’s the day the Separation begins. And he’s laid out his full case in a new presentation, free to watch, no signup required. 

He explains which types of companies he believes are most vulnerable, where he expects the money to flow instead, and he gives away the name and ticker of his No. 1 “AI Applier” to buy before Nov. 4.

There’s no sitting this window out. Holding through four capex reports and an election is a position, too. Go in with the full picture.

Watch Eric’s free presentation here – before the countdown runs out.

Wall Street expects a year-over-year increase in earnings on higher revenues when Corning (GLW - Free Report) reports results for the quarter ended September 2026. While this widely-known consensus outlook is important in gauging the company's earnings picture, a powerful factor that could impact its near-term stock price is how the actual results compare to these estimates.

The stock might move higher if these key numbers top expectations in the upcoming earnings report, which is expected to be released on October 27. On the other hand, if they miss, the stock may move lower.

While the sustainability of the immediate price change and future earnings expectations will mostly depend on management's discussion of business conditions on the earnings call, it's worth handicapping the probability of a positive EPS surprise.

Zacks Consensus EstimateThis specialty glass maker is expected to post quarterly earnings of $0.88 per share in its upcoming report, which represents a year-over-year change of +31.3%.

Revenues are expected to be $5 billion, up 17% from the year-ago quarter.

Estimate Revisions TrendThe consensus EPS estimate for the quarter has remained unchanged over the last 30 days. This is essentially a reflection of how the covering analysts have collectively reassessed their initial estimates over this period.

Investors should keep in mind that the direction of estimate revisions by each of the covering analysts may not always get reflected in the aggregate change.

Price, Consensus and EPS Surprise

Earnings WhisperEstimate revisions ahead of a company's earnings release offer clues to the business conditions for the period whose results are coming out. Our proprietary surprise prediction model -- the Zacks Earnings ESP (Expected Surprise Prediction) -- has this insight at its core.

The Zacks Earnings ESP compares the Most Accurate Estimate to the Zacks Consensus Estimate for the quarter; the Most Accurate Estimate is a more recent version of the Zacks Consensus EPS estimate. The idea here is that analysts revising their estimates right before an earnings release have the latest information, which could potentially be more accurate than what they and others contributing to the consensus had predicted earlier.

Thus, a positive or negative Earnings ESP reading theoretically indicates the likely deviation of the actual earnings from the consensus estimate. However, the model's predictive power is significant for positive ESP readings only.

A positive Earnings ESP is a strong predictor of an earnings beat, particularly when combined with a Zacks Rank #1 (Strong Buy), 2 (Buy) or 3 (Hold). Our research shows that stocks with this combination produce a positive surprise nearly 70% of the time, and a solid Zacks Rank actually increases the predictive power of Earnings ESP.

Please note that a negative Earnings ESP reading is not indicative of an earnings miss. Our research shows that it is difficult to predict an earnings beat with any degree of confidence for stocks with negative Earnings ESP readings and/or Zacks Rank of 4 (Sell) or 5 (Strong Sell).

How Have the Numbers Shaped Up for Corning?For Corning, the Most Accurate Estimate is higher than the Zacks Consensus Estimate, suggesting that analysts have recently become bullish on the company's earnings prospects. This has resulted in an Earnings ESP of +0.68%.

On the other hand, the stock currently carries a Zacks Rank of #2.

So, this combination indicates that Corning will most likely beat the consensus EPS estimate.

Does Earnings Surprise History Hold Any Clue?While calculating estimates for a company's future earnings, analysts often consider to what extent it has been able to match past consensus estimates. So, it's worth taking a look at the surprise history for gauging its influence on the upcoming number.

For the last reported quarter, it was expected that Corning would post earnings of $0.76 per share when it actually produced earnings of $0.78, delivering a surprise of +2.63%.

Over the last four quarters, the company has beaten consensus EPS estimates three times.

Bottom LineAn earnings beat or miss may not be the sole basis for a stock moving higher or lower. Many stocks end up losing ground despite an earnings beat due to other factors that disappoint investors. Similarly, unforeseen catalysts help a number of stocks gain despite an earnings miss.

That said, betting on stocks that are expected to beat earnings expectations does increase the odds of success. This is why it's worth checking a company's Earnings ESP and Zacks Rank ahead of its quarterly release. Make sure to utilize our Earnings ESP Filter to uncover the best stocks to buy or sell before they've reported.

Corning appears a compelling earnings-beat candidate. However, investors should pay attention to other factors too for betting on this stock or staying away from it ahead of its earnings release.

Stay on top of upcoming earnings announcements with the Zacks Earnings Calendar.

, /PRNewswire/ -- Pomerantz LLP is investigating claims on behalf of investors of Corning Incorporated ("Corning" or the "Company") (NYSE: GLW). Such investors are advised to contact Danielle Peyton at [email protected] or 646-581-9980, ext. 7980.

          The investigation concerns whether Corning and certain of its officers and/or directors have engaged in securities fraud or other unlawful business practices. 

[Click here for information about joining the class action]

          On September 11, 2026, Corning announced entry into an Equity Distribution Agreement with Goldman Sachs to launch an at-the-market equity offering of up to $2 billion of the Company's common stock, advising that "[t]he Company intends to use any net proceeds from the sale of the Common Stock for general corporate purposes."

          Following this announcement, Corning's stock price fell $22.80 per share, or 13.7%, to close at $143.60 per share on September 14, 2026.

Pomerantz LLP, with offices in New York, Chicago, Los Angeles, London, Paris, and Tel Aviv, is acknowledged as one of the premier firms in the areas of corporate, securities, and antitrust class litigation. Founded by the late Abraham L. Pomerantz, known as the dean of the class action bar, Pomerantz pioneered the field of securities class actions. Today, more than 85 years later, Pomerantz continues in the tradition he established, fighting for the rights of the victims of securities fraud, breaches of fiduciary duty, and corporate misconduct. The Firm has recovered numerous multimillion-dollar damages awards on behalf of class members. See www.pomlaw.com.

Attorney advertising. Prior results do not guarantee similar outcomes. 

CONTACT:
Danielle Peyton
Pomerantz LLP
[email protected]
646-581-9980 ext. 7980

SOURCE Pomerantz LLP

Shares of Corning (GLW - Free Report) have gained 2.6% over the past four weeks to close the last trading session at $147.28, but there could still be a solid upside left in the stock if short-term price targets of Wall Street analysts are any indication. Going by the price targets, the mean estimate of $185.75 indicates a potential upside of 26.1%.

The average comprises 16 short-term price targets ranging from a low of $129.00 to a high of $238.00, with a standard deviation of $28.72. While the lowest estimate indicates a decline of 12.4% from the current price level, the most optimistic estimate points to a 61.6% upside. More than the range, one should note the standard deviation here, as it helps understand the variability of the estimates. The smaller the standard deviation, the greater the agreement among analysts.

While the consensus price target is highly sought after by investors, the ability and unbiasedness of analysts in setting price targets have long been questionable. And investors making investment decisions solely based on this tool would arguably do themselves a disservice.

However, an impressive consensus price target is not the only factor that indicates a potential upside in GLW. This view is strengthened by the agreement among analysts that the company will report better earnings than what they estimated earlier. Though a positive trend in earnings estimate revisions doesn't give any idea as to how much the stock could surge, it has proven effective in predicting an upside.

Price, Consensus and EPS Surprise

Here's What You Should Know About Analysts' Price TargetsAccording to researchers at several universities across the globe, a price target is one of many pieces of information about a stock that misleads investors far more often than it guides. In fact, empirical research shows that price targets set by several analysts, irrespective of the extent of agreement, rarely indicate where the price of a stock could actually be heading.

While Wall Street analysts have deep knowledge of a company's fundamentals and the sensitivity of its business to economic and industry issues, many of them tend to set overly optimistic price targets. Are you wondering why?

They usually do that to drum up interest in shares of companies that their firms either have existing business relationships with or are looking to be associated with. In other words, business incentives of firms covering a stock often result in inflated price targets set by analysts.

However, a tight clustering of price targets, which is represented by a low standard deviation, indicates that analysts have a high degree of agreement about the direction and magnitude of a stock's price movement. While that doesn't necessarily mean the stock will hit the average price target, it could be a good starting point for further research aimed at identifying the potential fundamental driving forces.

That said, while investors should not entirely ignore price targets, making an investment decision solely based on them could lead to disappointing ROI. So, price targets should always be treated with a high degree of skepticism.

Why GLW Could Witness a Solid UpsideThere has been increasing optimism among analysts lately about the company's earnings prospects, as indicated by strong agreement among them in revising EPS estimates higher. And that could be a legitimate reason to expect an upside in the stock. After all, empirical research shows a strong correlation between trends in earnings estimate revisions and near-term stock price movements.

For the current year, two estimates have moved higher over the last 30 days compared to no negative revision. As a result, the Zacks Consensus Estimate has increased 0.2%.

Moreover, GLW currently has a Zacks Rank #2 (Buy), which means it is in the top 20% of more than 4,000 stocks that we rank based on four factors related to earnings estimates. Given an impressive externally-audited track record, this is a more conclusive indication of the stock's potential upside in the near term. You can see the complete list of today's Zacks Rank #1 (Strong Buy) stocks here >>>> .

Therefore, while the consensus price target may not be a reliable indicator of how much GLW could gain, the direction of price movement it implies does appear to be a good guide.

For new and old investors, taking full advantage of the stock market and investing with confidence are common goals. Zacks Premium provides lots of different ways to do both.

Featuring daily updates of the Zacks Rank and Zacks Industry Rank, full access to the Zacks #1 Rank List, Equity Research reports, and Premium stock screens, the research service can help you become a smarter, more self-assured investor.

Zacks Premium also includes the Zacks Style Scores.

What are the Zacks Style Scores? The Zacks Style Scores, developed alongside the Zacks Rank, are complementary indicators that rate stocks based on three widely-followed investing methodologies; they also help investors pick stocks with the best chances of beating the market over the next 30 days.

Each stock is given an alphabetic rating of A, B, C, D or F based on their value, growth, and momentum qualities. With this system, an A is better than a B, a B is better than a C, and so on, meaning the better the score, the better chance the stock will outperform.

The Style Scores are broken down into four categories:

Value ScoreFinding good stocks at good prices, and discovering which companies are trading under their true value, are what value investors like to focus on. So, the Value Style Score takes into account ratios like P/E, PEG, Price/Sales, Price/Cash Flow, and a host of other multiples to highlight the most attractive and discounted stocks.

Growth ScoreWhile good value is important, growth investors are more focused on a company's financial strength and health, and its future outlook. The Growth Style Score takes projected and historic earnings, sales, and cash flow into account to uncover stocks that will see long-term, sustainable growth.

Momentum ScoreMomentum traders and investors live by the saying "the trend is your friend." This investing style is all about taking advantage of upward or downward trends in a stock's price or earnings outlook. Employing factors like one-week price change and the monthly percentage change in earnings estimates, the Momentum Style Score can indicate favorable times to build a position in high-momentum stocks.

VGM ScoreIf you want a combination of all three Style Scores, then the VGM Score will be your friend. It rates each stock on their combined weighted styles, helping you find the companies with the most attractive value, best growth forecast, and most promising momentum. It's also one of the best indicators to use with the Zacks Rank.

How Style Scores Work with the Zacks Rank The Zacks Rank is a proprietary stock-rating model that harnesses the power of earnings estimate revisions, or changes to a company's earnings expectations, to help investors build a successful portfolio.

It's highly successful, with #1 (Strong Buy) stocks producing an unmatched +23.86% average annual return since 1988. That's more than double the S&P 500. But because of the large number of stocks we rate, there are over 200 companies with a Strong Buy rank, plus another 600 with a #2 (Buy) rank, on any given day.

But it can feel overwhelming to pick the right stocks for you and your investing goals with over 800 top-rated stocks to choose from.

That's where the Style Scores come in.

To maximize your returns, you want to buy stocks with the highest probability of success. This means picking stocks with a Zacks Rank #1 or #2 that also have Style Scores of A or B. If you find yourself looking at stocks with a #3 (Hold) rank, make sure they have Scores of A or B as well to ensure as much upside potential as possible.

Since the Scores were created to work together with the Zacks Rank, the direction of a stock's earnings estimate revisions should be a key factor when choosing which stocks to buy.

A stock with a #4 (Sell) or #5 (Strong Sell) rating, for instance, even one with Scores of A and B, will still have a declining earnings forecast, and a greater chance its share price will fall too.

Thus, the more stocks you own with a #1 or #2 Rank and Scores of A or B, the better.

Stock to Watch: Corning (GLW - Free Report) New York-based Corning Incorporated started out as a glass business that was reincorporated in 1936. The company has since developed its glass technologies to produce advanced glass substrates that are used in a large number of applications across multiple markets. Corning reports its business through four reportable segments, while Life Sciences and Emerging Growth Businesses encompasses operations that do not meet the criteria for separate reportable-segment classification.

GLW is a #2 (Buy) on the Zacks Rank, with a VGM Score of B.

Additionally, the company could be a top pick for growth investors. GLW has a Growth Style Score of A, forecasting year-over-year earnings growth of 30.2% for the current fiscal year.

For fiscal 2026, three analysts revised their earnings estimate upwards in the last 60 days, and the Zacks Consensus Estimate has increased $0.01 to $3.28 per share. GLW boasts an average earnings surprise of +1.8%.

With a solid Zacks Rank and top-tier Growth and VGM Style Scores, GLW should be on investors' short list.

, /PRNewswire/ -- Pomerantz LLP is investigating claims on behalf of investors of Corning Incorporated ("Corning" or the "Company") (NYSE: GLW). Such investors are advised to contact Danielle Peyton at [email protected] or 646-581-9980, ext. 7980.

The investigation concerns whether Corning and certain of its officers and/or directors have engaged in securities fraud or other unlawful business practices. 

[Click here for information about joining the class action]

On September 11, 2026, Corning announced entry into an Equity Distribution Agreement with Goldman Sachs to launch an at-the-market equity offering of up to $2 billion of the Company's common stock, advising that "[t]he Company intends to use any net proceeds from the sale of the Common Stock for general corporate purposes."  

Following this announcement, Corning's stock price fell $22.80 per share, or 13.7%, to close at $143.60 per share on September 14, 2026.

Pomerantz LLP, with offices in New York, Chicago, Los Angeles, London, Paris, and Tel Aviv, is acknowledged as one of the premier firms in the areas of corporate, securities, and antitrust class litigation. Founded by the late Abraham L. Pomerantz, known as the dean of the class action bar, Pomerantz pioneered the field of securities class actions. Today, more than 85 years later, Pomerantz continues in the tradition he established, fighting for the rights of the victims of securities fraud, breaches of fiduciary duty, and corporate misconduct. The Firm has recovered numerous multimillion-dollar damages awards on behalf of class members. See www.pomlaw.com.

Attorney advertising. Prior results do not guarantee similar outcomes. 

CONTACT:

Danielle Peyton

Pomerantz LLP

[email protected]

646-581-9980 ext. 7980

SOURCE Pomerantz LLP

CORNING, N.Y.--(BUSINESS WIRE)--Corning Incorporated's (NYSE: GLW) Board of Directors declared a quarterly dividend on October 6, 2026 of $0.28 per share. The dividend will be payable on December 11, 2026, to shareholders of record on November 13, 2026. Caution Concerning Forward-Looking Statements The statements contained in this release and related comments by management that are not historical facts or information and contain words such as “will,” “believe,” “anticipate,” “expect,” “intend,”.

Key Takeaways Caterpillar is expanding power-generation capacity as AI-driven data center demand lifts engine orders.Corning sees accelerating AI infrastructure demand driving optical connectivity growth and stronger guidance.Jabil expects AI revenues to reach $22.1B in fiscal 2027, supported by capacity additions and diversification. The artificial intelligence (AI) infrastructure trade has shifted from pure-play semiconductors to other AI-powered data center infrastructure. Despite this positive, a handful of AI data center infrastructure bigwigs posted negative returns in the last quarter.

We have selected three such stocks with a favorable Zacks Rank that are poised to witness a turnaround in fourth-quarter 2026 supported by their enriched product portfolio, business diversification, strong guidance and solid estimate revisions. 

These three stocks are: Caterpillar Inc. (CAT - Free Report) , Corning Inc. (GLW - Free Report) and Jabil Inc. (JBL - Free Report) . Each of our picks currently carries either a Zacks Rank #1 (Strong Buy) or 2 (Buy). You can see the complete list of today’s Zacks #1 Rank stocks here.

The chart below shows the price performance of our three picks in Q3 2026.

Image Source: Zacks Investment Research

Caterpillar Inc.Zacks Rank #1 Caterpillar is gaining from rising AI data-center-related power demand. As big technology companies establish data centers globally to support their generative AI applications, CAT is witnessing robust order levels for reciprocating engines for data centers.

CAT expects full-year 2026 power generation growth in both reciprocating engines and Solar Turbines as cloud computing and generative AI support data-center build-outs. The company continues to add capacity against this multi-year opportunity. 

CAT’s long-term plan calls for large reciprocating engine capacity nearly three times the 2024 levels and Power Generation sales more than three times the 2024 levels by 2030. It is also restarting a 10-megawatt gas reciprocating engine platform, adding about 1.5 gigawatts of capacity with shipments expected from fourth-quarter 2026.

Product Innovation CAT is also extending its digital and AI capabilities through Cat AI Assistant, its expanded collaboration with NVIDIA Corp. (NVDA - Free Report) , RPMGlobal and Skycatch. These initiatives add software, spatial analytics and AI tools that can improve equipment interaction, mine planning and operating decisions. 

Strong Guidance Looking to third-quarter 2026, management expects strong growth in sales and revenues compared with the year-ago period. For 2026, CAT expects sales and revenues to grow in the mid-to-high teens. Adjusted operating margin is projected near the bottom of its target range, excluding tariff recoveries. Machinery, Power & Energy free cash flow is expected in the top half of the company’s target range. 

Solid Estimate RevisionsCaterpillar has an expected revenue and earnings growth rate of 17.4% and 43.6%, respectively, for the current year. The Zacks Consensus Estimate for the current year’s earnings has improved 0.1% over the last 30 days. 

CAT has an expected revenue and earnings growth rate of 10.9% and 20.5%, respectively, for the next year. The Zacks Consensus Estimate for next year’s earnings has improved 0.3% over the last 30 days.

Image Source: Zacks Investment Research

Robust Price Upside PotentialThe short-term average price target of brokerage firms represents an increase of 19.4% from the last closing price of $845.42. The brokerage target price is currently in the range of $882-$1,225. This indicates a maximum upside of 44.9% and no downside. 

Corning Inc.Zacks Rank #2 Corning entered the second half of 2026 with its growth outlook tied to AI infrastructure and optical connectivity. Revenue growth was primarily led by Optical Communications and Solar segments. Enterprise Networks sales jumped supported by accelerating demand for generative AI infrastructure. Core operating margin also expanded as higher volumes and improved execution strengthened profitability.

GLW continues to strengthen its competitive position through innovation across optical connectivity, advanced glass and semiconductor applications. The company recently launched Gorilla Glass Ceramic 3 and continues to see opportunities for advanced optics products tied to AI-driven data center build-outs and semiconductor manufacturing demand. GLW is expanding its Generative AI optical portfolio with multicore fiber and high-density connectivity solutions that improve network capacity and reduce installation complexity.

AI and Optical Communications MomentumEnterprise Networks drove the improvement as hyperscale customers expanded AI-related data center capacity. GLW announced multiyear agreements with Amazon.Com Inc. (AMZN - Free Report) and NVIDIA, supporting further demand for optical fiber, cable and connectivity products. The NVDA partnership plans to increase U.S. optical connectivity manufacturing capacity tenfold and expand domestic fiber production capacity by more than 50%.

Strong Guidance For the third quarter, management expects core sales between $4.9 billion and $5 billion, representing approximately 16% year-over-year growth. Core earnings are projected between 85 cents and 89 cents per share, implying growth of roughly 28%.

Corning continues to target an annualized sales run rate of $20 billion by the end of 2026 under its upgraded Springboard Plan. The company also aims to reach $30 billion by the end of 2028 and $40 billion by the end of 2030, supported by AI infrastructure, solar expansion and deeper customer partnerships.

Solid Estimate RevisionsCorning has an expected revenue and earnings growth rate of 16% and 30.2%, respectively, for the current year. The Zacks Consensus Estimate for the current year’s earnings has improved 0.3% over the last 30 days. 

GLW has an expected revenue and earnings growth rate of 18% and 30.7%, respectively, for the next year. The Zacks Consensus Estimate for next year’s earnings has improved 0.2% over the last seven days.

Image Source: Zacks Investment Research

Robust Price Upside PotentialThe short-term average price target of brokerage firms represents an increase of 12.9% from the last closing price of $164.19. The brokerage target price is currently in the range of $129-$238. This indicates a maximum upside of 45% and a downside of 21.4%.

Jabil Inc.Zacks Rank #2 Jabil is gaining from sustained strength in AI infrastructure demand, which continues to support growth across its Intelligent Infrastructure business. This growth is being driven by strong customer demand, disciplined execution and capabilities spanning compute, storage, networking, optics, power, cooling and rack-level integration. 

Future growth of JBL will come from growing AI infrastructure and will be backed by capacity additions, broader customer relationships and improving demand across several non-AI markets. AI-related demand continues to accelerate, supported by cloud infrastructure, networking, power, cooling and semiconductor equipment. JBL expects six Intelligent Infrastructure customers to each generate more than $1 billion in fiscal 2027.

Diversification StrategyJBL’s focus on end-market and product diversification remains a key long-term catalyst. Management continues to target a balanced portfolio so that no individual product or product family becomes an outsized contributor to operating income or cash flow. 

This strategy improves the stability of earnings through industry cycles while allowing the company to capture opportunities across AI infrastructure, healthcare, industrial and automation markets. Better-than-expected performance in automotive and connected living further demonstrates the benefits of this diversified operating model.

Strong Guidance For the third quarter, management expects net revenue between $10.6 billion and $11.4 billion, operating income between $481 million and $541 million, earnings per share (EPS) between $2.78 to $3.18 and adjusted EPS between $3.80 to $4.20. 

JBL expects fiscal 2027 revenues of about $44.5B, up 24% annually, with core EPS projected at $17.55. AI-related revenues are expected to reach about $22.1B in fiscal 2027, representing 54% annual growth.

Solid Estimate RevisionsJabil has an expected revenue and earnings growth rate of 24.10% and 29.4%, respectively, for the current year (ending August 2027). The Zacks Consensus Estimate for the current year’s earnings has improved 1.6% over the last seven days. 

JBL has an expected revenue and earnings growth rate of 14.2% and 28.2%, respectively, for the next year. The Zacks Consensus Estimate for next year’s earnings has improved 3.3% over the last seven days.

Image Source: Zacks Investment Research

Robust Price Upside PotentialThe short-term average price target of brokerage firms represents an increase of 44.1% from the last closing price of $304.41. The brokerage target price is currently in the range of $378-$475. This indicates a maximum upside of 56% and no downside.

Key Takeaways GLW secured a multi-year, $3 billion-plus AT&T deal to supply fiber and cable for U.S. broadband expansion.Corning is expanding U.S. fiber and cable production, including a North Carolina facility that created jobs.GLW also partners with Verizon as telecom investment in higher-capacity networks supports fiber demand. Corning Incorporated (GLW - Free Report) has secured a multi-year agreement worth more than $3 billion with AT&T Inc. (T - Free Report) to expand high-speed broadband infrastructure in the United States. The deal strengthens Corning’s position in optical communications as rising data consumption and artificial intelligence (AI) adoption drive greater demand for advanced connectivity.

Under the agreement, Corning will provide the fiber and cable required for AT&T’s network expansion, supporting connectivity for residential customers, businesses and communities. Its fiber and connectivity solutions are expected to accelerate network deployment, improve installation efficiency and support the domestic connectivity supply chain.

Corning is also expanding its fiber and cable production in the United States, including a North Carolina facility that has created hundreds of jobs. These investments will increase the company’s manufacturing capacity and strengthen its ability to supply fiber solutions for next-generation network infrastructure.

Corning has also partnered with Verizon Communications Inc. (VZ - Free Report) to provide fiber and connectivity solutions for broadband expansion and AI-related infrastructure. As telecom companies continue to invest in higher-capacity networks, Corning is likely to benefit from sustained demand for optical fiber and related solutions, supporting its growth opportunities in the communications market.

How Are Competitors Focusing on Fiber?Corning faces competition from Amphenol Corporation (APH - Free Report) and Lumen Technologies, Inc. (LUMN - Free Report) . Amphenol is strengthening its fiber-optic capabilities to meet growing demand from data centers and AI applications. The company is seeing strong demand for fiber-based connectivity as customers upgrade networks to support higher data speeds and capacity. Amphenol’s expanding portfolio of fiber-optic and interconnect products helps meet the growing need for reliable, high-speed data transmission.

Lumen is adding new fiber routes and network capacity as AI workloads drive greater data traffic across the United States. Its NorthLine project will connect Seattle and Minneapolis through a low-latency route designed to support high-capacity data movement between data centers and cloud networks. Lumen is expanding its network infrastructure to meet the growing connectivity needs of businesses, data centers and AI applications.

Corning's Price Performance, Valuation & EstimatesShares of Corning have rallied 85.0% over the past year compared with the industry’s growth of 130.4%.

Image Source: Zacks Investment Research

From a valuation standpoint, the company’s shares currently trade at 38.14 forward 12-month earnings, higher than the industry tally of 35.07.

Image Source: Zacks Investment Research

Corning’s earnings estimates for 2026 have increased 0.9% to $3.28 per share, while the same for 2027 have risen 0.7% to $4.28 over the past 60 days.

Image Source: Zacks Investment Research

Corning currently has a Zacks Rank #2 (Buy). You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.

Heading into the end of September on a bearish note, shares of Corning (GLW -3.12%) are tumbling lower. With an analyst taking a neutral stance on the tech stock, investors are sensing that today's a good time to click the sell button.

As of 3:00 p.m. ET, shares of Corning are down 3.1%.

Image source: Getty Images.

Networking stocks are poised to prosper due to AI spending Initiating coverage with a sector perform rating, Bernstein analyst Daniel Zhu set a $140 price target on Corning stock. Based on Corning's closing price of $158.71 yesterday, Zhu's price target implies a 13.4% downside.

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According to Thefly.com, Zhu broadly believes that the significant investments companies are making in developing artificial intelligence (AI) infrastructure will benefit companies specializing in networking and optical solutions, with demand outpacing supply.

The other catalyst for the tech stock's fall today may simply be that investors are taking profits after Corning stock soared yesterday following news that the company had secured a supply agreement with AT&T worth more than $3 billion.

Is Corning stock a buy on the analyst's bearish outlook? While Zhu's $140 price target may be disappointing to current shareholders -- and potentially dissuade potential investors from starting a position -- it's critical to remember that this is merely one analyst's opinion. A leader in manufacturing optical fiber and specialized glass, Corning is at the forefront of providing materials used in various types of today's tech. Potential investors should therefore take the analyst's price target with a grain of salt and weigh the company's financial health more heavily -- a much better indicator of the stock's allure.

Scott Levine has no position in any of the stocks mentioned. The Motley Fool has positions in and recommends Corning. The Motley Fool has a disclosure policy.

Listen to the audio version of this article (generated by AI).

Pay more. Get less.

It’s quite the odd sales pitch. But during the pandemic, car dealers could apparently make it work.

In our latest episode of Being Exponential with Luke Lango, we’re joined by Money Flows’ Jason Bodner who recalled shopping for a car during the chip shortage. You’d pay a premium for less features. Even a powered tailgate was too much to ask.

The automobile industry could build the big, expensive parts. But without enough of the little electronic ones, buyers had to settle.

There’s an investing lesson tucked inside that inconvenience somewhere: A component doesn’t have to be glamorous to become valuable. It has to be difficult to replace when everybody needs it.

Which brings us to artificial intelligence.

Investors spend a great deal of time debating which AI model will be smartest, which assistant will win our loyalty, and whether the whole business has become a bubble.

All fair questions. Meanwhile, someone has to supply the memory for those systems and the optical connections that transmit information between chips.

That’s where our conversation got interesting.

I invited Jason and fellow Money Flows co-founder Lucas Downey to defend the AI bull market while I tried to poke holes in it.

You heard that right… I took the AI bear case.

Semiconductors are cyclical. Customers can overspend. A fat backlog today doesn’t guarantee fat profits tomorrow. And investors who mistake peak earnings for permanently higher earnings can discover that a “cheap” stock was actually pretty expensive.

Their response centered on rising earnings estimates, supply constraints, and signs of institutional money returning to parts of the AI infrastructure trade.

Lucas singled out photonics — technology that uses light to transmit information — as a potential next major opportunity.

But the price chart alone won’t tell you which is happening. A stock can climb sharply and still become cheaper relative to its earnings, if those earnings grow faster. It can also fall sharply without becoming a bargain.

So before you decide the AI boom has already made its money, consider the lesson from that car lot.

The next opportunity may lie in an essential part that everyone needs.

In this episode, we’ll examine where those shortages are emerging, what the money flows suggest, and how to separate businesses delivering profits from stocks selling promises:

Is the Semiconductor Boom Nearing Its Peak? We’ve seen semiconductor shortages before.

Demand surges. Manufacturers expand capacity. Customers stockpile chips because they’re afraid of running out. Eventually, supply catches up, orders slow, and yesterday’s shortage becomes tomorrow’s inventory problem.

That’s why a low price-to-earnings ratio can be misleading in this industry. A stock trading at six times earnings looks inexpensive… until those earnings get cut in half.

I put that argument directly to Lucas and Jason. Several years into the AI infrastructure buildout, why should investors assume this cycle has more room to run?

Their answer was that the evidence they follow hasn’t signaled an earnings peak.

Lucas pointed to rising earnings expectations among memory and storage suppliers. Jason emphasized the multiyear demand outlook described by manufacturers and their customers.

Neither observation abolishes the semiconductor cycle. But both challenge the assumption that its reversal is imminent.

The question is whether the conditions that end a boom are actually developing.

Are customers cutting orders? Are earnings estimates falling? Is new capacity overwhelming demand?

Those are more useful questions than simply asking how long stocks have been going up.

In the discussion, I noted that the expected earnings peak for Micron (MU) had kept moving further into the future as estimates changed. A valuation built around an approaching collapse deserves another look if the business keeps pushing that collapse further away.

It also deserves continued scrutiny, as forecasts can change in either direction.

The Spending Has to Earn Its Keep Now, there’s a second objection: What if the companies buying all this infrastructure eventually decide they aren’t earning enough from it?

That’s the harder question.

A company can announce an enormous spending plan. It can sign contracts, reserve capacity, and promise shareholders that AI will transform its business. Eventually, the economics have to justify the spending.

I asked whether enterprise demand could persist long enough to support the buildout.

Jason, ever the practical one, described himself as a surfer of money flows, watching the conditions in front of him. His investment process combines institutional trading activity with business fundamentals: sales, earnings, margins, and financial strength.

That framework doesn’t settle the ultimate return on every AI investment. It does help distinguish a possible future problem from deterioration already showing up in the data.

For investors, that means keeping two ideas in mind: The long-term spending debate remains unresolved, while suppliers can still have substantial opportunities serving demand that exists today.

Is This the Next AI Bottleneck? That brings us to one of the most interesting parts of the conversation: photonics.

Buying more powerful processors is only part of building a more capable AI system. Those processors also need to exchange enormous amounts of information.

Imagine expanding a warehouse until it can process twice as many orders while leaving its loading docks unchanged. At some point, moving goods becomes the constraint.

AI infrastructure faces its own version of that problem.

Photonics uses light to transmit information. As computing systems grow, optical connections become increasingly important to moving data efficiently between their components.

Lucas identified this as a potential next major investment theme. We discussed Marvell (MRVL) and Corning (GLW) as two companies with exposure to that buildout.

Marvell supplies semiconductor technology used in data infrastructure, including optical connectivity. Corning brings fiber and optical communications expertise.

They occupy different parts of the system. The investment question is how much growing demand translates into revenue, profits, and durable competitive advantages for each.

A compelling technology story is the beginning of that analysis.

Shareholders still need the business to capture value, and the purchase price to leave room for a worthwhile return.

Which raises another question I pressed during the episode: If the opportunity is so attractive, why had several optical stocks spent months going sideways?

Lucas and Jason pointed to the distinction between business performance and trading pressure.

They discussed forced selling, portfolio adjustments, interest rates, and uncertainty as possible explanations for weakness. Their money-flow analysis was aimed at identifying whether institutions were continuing to sell or beginning to return.

But selling can occur for reasons unrelated to a company’s operating outlook. A leveraged investor facing a cash demand may sell a good business simply because it can be sold.

But investors shouldn’t turn that possibility into a blanket excuse for every falling stock. Sometimes a price decline is warning you about a business problem. The work is to compare the selling with what’s happening to orders, earnings expectations, and competitive positioning.

How the AI Winners Could Change There’s also a broader point here that gets lost when investors treat “AI stocks” as one trade.

The companies benefiting from this buildout can change.

While critical components remain scarce, suppliers may enjoy stronger pricing power. If those components become cheaper, the companies buying them could benefit from lower costs.

That shift would create winners and losers within the AI economy. It wouldn’t automatically end the opportunity to invest in it.

Eventually, the benefits could reach further.

We discussed whether businesses outside technology could improve their margins as they learn to apply AI. Technology companies have an obvious head start. Retailers and other consumer businesses may take longer to turn experimentation into measurable results.

That potential broadening is worth watching. It still has to show up in the numbers.

For now, my takeaway from trying to play the bear is this: The bullish case is strongest when it rests on specific businesses delivering specific results.

Jason warned against paying extravagant prices for companies that have barely begun to monetize their promises. Lucas emphasized opportunities investors may overlook inside the broader AI theme.

I agree with both.

You don’t need to assume every spending commitment will pay off. You do need to distinguish an essential supplier with growing profits from a company whose main asset is an exciting presentation.

Keep watching earnings revisions. Watch whether shortages persist as capacity expands. Look for evidence that institutional buying is supported by improving fundamentals.

And remain willing to change your mind when those conditions change.

The missing tailgate offers a useful starting point. Follow the shortage to the supplier, then follow the supplier’s economics.

That’s where the story becomes an investment case.

Watch the full Being Exponential conversation for our debate on memory, photonics, institutional money flows, and the risks that could change the outlook.

A major deal with a top name in the telecom sphere propelled Corning (GLW +4.70%) stock to a solid gain on Tuesday. The arrangement will see the company, an important supplier of fiber-optic cable, provide its wares to the client for years. Corning's shares closed the day nearly 5% higher after the news, contrasting favorably with the S&P 500 index's 0.2% dip.

Calling on a monster new deal The deal was revealed by Corning's counterparty, AT&T, in a press release published before market open. The telecom giant announced that it and Corning have entered into a multiyear supply arrangement for fiber optic cable materials valued at over $3 billion. It did not get more specific about the contract's value or length.

Image source: Getty Images.

Demand for wider bandwidth is heavy these days, particularly with the build-out of artificial intelligence (AI) compute. AT&T clearly wants and needs to have the necessary networking infrastructure in place sooner rather than later.

In the press release, the telecom wrote that "This deal with Corning helps AT&T deliver on its commitment to bring fast, reliable internet to 60 million Americans by the end of 2030."

"This means more access to the connectivity they need today, tomorrow, and for generations to come," it added.

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Double win Of the two companies, Corning is the more immediate beneficiary, of course. The new AT&T contract is a clear win, not only because of the billions of dollars it'll add to the fundamentals, but also because it burnishes the company's reputation as a go-to provider for modern broadband infrastructure. I think investors were right to buy into Corning stock on such encouraging news.

Eric Volkman has no position in any of the stocks mentioned. The Motley Fool has positions in and recommends Corning. The Motley Fool has a disclosure policy.

Taking full advantage of the stock market and investing with confidence are common goals for new and old investors, and Zacks Premium offers many different ways to do both.

Featuring daily updates of the Zacks Rank and Zacks Industry Rank, full access to the Zacks #1 Rank List, Equity Research reports, and Premium stock screens, the research service can help you become a smarter, more self-assured investor.

Zacks Premium includes access to the Zacks Style Scores as well.

What are the Zacks Style Scores? The Zacks Style Scores is a unique set of guidelines that rates stocks based on three popular investing types, and were developed as complementary indicators for the Zacks Rank. This combination helps investors choose securities with the highest chances of beating the market over the next 30 days.

Each stock is given an alphabetic rating of A, B, C, D or F based on their value, growth, and momentum qualities. With this system, an A is better than a B, a B is better than a C, and so on, meaning the better the score, the better chance the stock will outperform.

The Style Scores are broken down into four categories:

Value ScoreValue investors love finding good stocks at good prices, especially before the broader market catches on to a stock's true value. Utilizing ratios like P/E, PEG, Price/Sales, Price/Cash Flow, and many other multiples, the Value Style Score identifies the most attractive and most discounted stocks.

Growth ScoreWhile good value is important, growth investors are more focused on a company's financial strength and health, and its future outlook. The Growth Style Score takes projected and historic earnings, sales, and cash flow into account to uncover stocks that will see long-term, sustainable growth.

Momentum ScoreMomentum trading is all about taking advantage of upward or downward trends in a stock's price or earnings outlook, and these investors live by the saying "the trend is your friend." The Momentum Style Score can pinpoint good times to build a position in a stock, using factors like one-week price change and the monthly percentage change in earnings estimates.

VGM ScoreWhat if you like to use all three types of investing? The VGM Score is a combination of all Style Scores, making it one of the most comprehensive indicators to use with the Zacks Rank. It rates each stock on their combined weighted styles, which helps narrow down the companies with the most attractive value, best growth forecast, and most promising momentum.

How Style Scores Work with the Zacks Rank The Zacks Rank is a proprietary stock-rating model that harnesses the power of earnings estimate revisions, or changes to a company's earnings expectations, to help investors build a successful portfolio.

It's highly successful, with #1 (Strong Buy) stocks producing an unmatched +23.8% average annual return since 1988. That's more than double the S&P 500. But because of the large number of stocks we rate, there are over 200 companies with a Strong Buy rank, plus another 600 with a #2 (Buy) rank, on any given day.

But it can feel overwhelming to pick the right stocks for you and your investing goals with over 800 top-rated stocks to choose from.

That's where the Style Scores come in.

To have the best chance of big returns, you'll want to always consider stocks with a Zacks Rank #1 or #2 that also have Style Scores of A or B, which will give you the highest probability of success. If you're looking at stocks with a #3 (Hold) rank, it's important they have Scores of A or B as well to ensure as much upside potential as possible.

The direction of a stock's earnings estimate revisions should always be a key factor when choosing which stocks to buy, since the Scores were created to work together with the Zacks Rank.

For instance, a stock with a #4 (Sell) or #5 (Strong Sell) rating, even one that boasts Scores of A and B, still has a downward-trending earnings forecast, and a much greater likelihood its share price will decline as well.

Thus, the more stocks you own with a #1 or #2 Rank and Scores of A or B, the better.

Stock to Watch: Corning (GLW - Free Report) New York-based Corning Incorporated started out as a glass business that was reincorporated in 1936. The company has since developed its glass technologies to produce advanced glass substrates that are used in a large number of applications across multiple markets. Corning reports its business through four reportable segments, while Life Sciences and Emerging Growth Businesses encompasses operations that do not meet the criteria for separate reportable-segment classification.

GLW is a #2 (Buy) on the Zacks Rank, with a VGM Score of B.

Momentum investors should take note of this Computer and Technology stock. GLW has a Momentum Style Score of B, and shares are up 1.9% over the past four weeks.

Four analysts revised their earnings estimate higher in the last 60 days for fiscal 2026, while the Zacks Consensus Estimate has increased $0.03 to $3.28 per share. GLW also boasts an average earnings surprise of +1.8%.

With a solid Zacks Rank and top-tier Momentum and VGM Style Scores, GLW should be on investors' short list.

Wall Street watches a company's quarterly report closely to understand as much as possible about its recent performance and what to expect going forward. Of course, one figure often stands out among the rest: earnings.

The earnings figure itself is key, of course, but a beat or miss on the bottom line can sometimes be just as, if not more, important. Therefore, investors should consider paying close attention to these earnings surprises, as a big beat can help a stock climb and vice versa.

Now that we know how important earnings and earnings surprises are, it's time to show investors how to take advantage of these events to boost their returns by utilizing the Zacks Earnings ESP filter.

The Zacks Earnings ESP, ExplainedThe Zacks Earnings ESP, or Expected Surprise Prediction, aims to find earnings surprises by focusing on the most recent analyst revisions. The basic premise is that if an analyst reevaluates their earnings estimate ahead of an earnings release, it means they likely have new information that could possibly be more accurate.

Now that we understand the basic idea, let's look at how the Expected Surprise Prediction works. The ESP is calculated by comparing the Most Accurate Estimate to the Zacks Consensus Estimate, with the percentage difference between the two giving us the Zacks ESP figure.

In fact, when we combined a Zacks Rank #3 (Hold) or better and a positive Earnings ESP, stocks produced a positive surprise 70% of the time. Perhaps most importantly, using these parameters has helped produce 28.3% annual returns on average, according to our 10 year backtest.

Stocks with a ranking of #3 (Hold), or 60% of all stocks covered by the Zacks Rank, are expected to perform in-line with the broader market. Stocks with rankings of #2 (Buy) and #1 (Strong Buy), or the top 15% and top 5% of stocks, respectively, should outperform the market; Strong Buy stocks should outperform more than any other rank.

Should You Consider Corning?Now that we understand what the ESP is and how beneficial it can be, let's dive into a stock that currently fits the bill. Corning (GLW - Free Report) earns a #3 (Hold) right now and its Most Accurate Estimate sits at $0.89 a share, just 29 days from its upcoming earnings release on October 27, 2026.

Corning's Earnings ESP sits at +0.85%, which, as explained above, is calculated by taking the percentage difference between the $0.89 Most Accurate Estimate and the Zacks Consensus Estimate of $0.88. GLW is also part of a large group of stocks that boast a positive ESP. Make sure to utilize our Earnings ESP Filter to uncover the best stocks to buy or sell before they've reported.

GLW is part of a big group of Computer and Technology stocks that boast a positive ESP, and investors may want to take a look at Pinterest (PINS - Free Report) as well.

Slated to report earnings on November 3, 2026, Pinterest holds a #3 (Hold) ranking on the Zacks Rank, and its Most Accurate Estimate is $0.54 a share 36 days from its next quarterly update.

The Zacks Consensus Estimate for Pinterest is $0.50, and when you take the percentage difference between that number and its Most Accurate Estimate, you get the Earnings ESP figure of +8.00%.

Because both stocks hold a positive Earnings ESP, GLW and PINS could potentially post earnings beats in their next reports.

Find Stocks to Buy or Sell Before They're ReportedUse the Zacks Earnings ESP Filter to turn up stocks with the highest probability of positively, or negatively, surprising to buy or sell before they're reported for profitable earnings season trading. Check it out here >>

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Analyst’s Disclosure: I/we have no stock, option or similar derivative position in any of the companies mentioned, but may initiate a beneficial Long position through a purchase of the stock, or the purchase of call options or similar derivatives in GLW over the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.

Seeking Alpha's Disclosure: Past performance is no guarantee of future results. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. Any views or opinions expressed above may not reflect those of Seeking Alpha as a whole. Seeking Alpha is not a licensed securities dealer, broker or US investment adviser or investment bank. Our analysts are third party authors that include both professional investors and individual investors who may not be licensed or certified by any institute or regulatory body.

NEW YORK, Sept. 22, 2026 (GLOBE NEWSWIRE) -- Pomerantz LLP is investigating claims on behalf of investors of Corning Incorporated (“Corning” or the “Company”) (NYSE: GLW). Such investors are advised to contact Danielle Peyton at [email protected] or 646-581-9980, ext. 7980.

The investigation concerns whether Corning and certain of its officers and/or directors have engaged in securities fraud or other unlawful business practices. 

[Click here for information about joining the class action]

On September 11, 2026, Corning announced entry into an Equity Distribution Agreement with Goldman Sachs to launch an at-the-market equity offering of up to $2 billion of the Company’s common stock, advising that “[t]he Company intends to use any net proceeds from the sale of the Common Stock for general corporate purposes.”

Following this announcement, Corning’s stock price fell $22.80 per share, or 13.7%, to close at $143.60 per share on September 14, 2026.

Pomerantz LLP, with offices in New York, Chicago, Los Angeles, London, Paris, and Tel Aviv, is acknowledged as one of the premier firms in the areas of corporate, securities, and antitrust class litigation. Founded by the late Abraham L. Pomerantz, known as the dean of the class action bar, Pomerantz pioneered the field of securities class actions. Today, more than 85 years later, Pomerantz continues in the tradition he established, fighting for the rights of the victims of securities fraud, breaches of fiduciary duty, and corporate misconduct. The Firm has recovered numerous multimillion-dollar damages awards on behalf of class members. See www.pomlaw.com.

Attorney advertising. Prior results do not guarantee similar outcomes.

CONTACT:
Danielle Peyton
Pomerantz LLP
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Joint demonstration showcases a massively parallel optical die-to-die architecture designed to extend high-bandwidth, low-power, low-latency connectivity over multimode fiber

MALAGA, Spain--(BUSINESS WIRE)--Lumentum Holdings Inc. (“Lumentum”) today announced plans for a joint demonstration together with Qualcomm Technologies, Inc. and Corning Incorporated (NYSE: GLW) of a high-density die-to-die (D2D) optical interconnect showcase for AI scale-up architectures at ECOC 2026. The board-level demonstration will combine a D2D interface IP subsystem from Qualcomm Technologies with Lumentum’s VCSEL-based optical interconnect platform and Corning multimode fiber connectivity. Attendees can see the demonstration at Lumentum stand #2050 and at Qualcomm Technologies’ stand #1050 / MB28 during ECOC 2026 in Málaga, Spain.

The demonstration will showcase a massively parallel optical D2D architecture designed for future co-packaged optics (CPO) and near-packaged optics (NPO) implementations supporting emerging D2D interfaces such as UCIe. By extending high-density D2D connectivity over optical links spanning tens of meters—while maintaining low latency and power consumption—the architecture enables highly scalable bandwidth density as AI systems drive interconnect requirements beyond the practical limits of today’s electrical connectivity.

Qualcomm Technologies’ D2D interface technology is designed to optimize power and area while enabling efficient direct-drive optical connectivity and preserving the benefits of high bandwidth density and low power. The proof-of-concept configuration being demonstrated uses optical channels operating at 32 Gb/s NRZ, to show how the massively parallel architecture can scale through higher channel counts and increasing per-lane data rates. The architecture is designed to support approximately 1 Tb/s/mm of shoreline bandwidth density today, with line of sight to approximately 4 Tb/s/mm through higher lane rates and increased channel density.

The optical interconnect leverages Lumentum’s optical engine based on advanced-packaged 1060 nm VCSEL technology, with approximately 10 Tb/s of aggregate transmit and receive capacity and high-density two-dimensional VCSEL and photodetector arrays with backside lens technology. Built on Lumentum’s ultra-high-volume 3D sensing manufacturing base, the platform is designed to support high shoreline bandwidth density, strong signal integrity, and energy-efficient optical connectivity for board-level and system-level AI scale-up architectures.

Corning’s multimode fiber glass ferrules will provide the high-density fiber connectivity used in the demonstration, highlighting the importance of fiber density as optical links increasingly move closer to compute devices and advanced packaging environments.

“This demonstration shows how Lumentum’s 1060 nm VCSEL platform can bring high-density optical connectivity closer to AI compute,” said Matt Sysak, Chief Technology Officer, Lumentum. By combining advanced VCSEL packaging with Qualcomm Technologies’ D2D interface technology and Corning’s fiber connectivity, we are showing a practical path toward compact, energy-efficient optical D2D links for next-generation AI scale-up architectures.”

“AI scale-up requires die-to-die connectivity that delivers high bandwidth density while minimizing latency, power, and area,” said Tony Chan Carusone, SVP, Technology, Qualcomm Technologies, Inc. This collaboration shows how Qualcomm Technologies’ D2D interface technology can extend those capabilities into optical links for future AI system architectures.”

“As optical links move closer to compute devices, fiber connectivity must support increasing density, precision, and scalability,” said Claude Echahamian, Vice President and General Manager, Emerging Businesses and EMEA, Corning Optical Communications. “Corning’s multimode fiber solutions and industry-leading MMC connectivity help enable this demonstration and support the evolution of high-density optical interconnects for AI infrastructure.”

About Lumentum

Lumentum (NASDAQ: LITE) is a global leader in optical and photonic technologies that power the networks and infrastructure behind AI, cloud computing, and next-generation communications. Built on decades of photonics innovation, Lumentum delivers high-performance lasers, modules, and optical subsystems that enable scalable, energy-efficient data center connectivity, advanced telecom networks, industrial manufacturing, and sensing applications. Headquartered in San Jose, California, the company operates R&D, manufacturing, and sales facilities worldwide. Learn more at www.lumentum.com.

About Qualcomm

Qualcomm is a global computing leader at the center of the AI era, enabling intelligence to scale from the most personal devices to large‑scale infrastructure. Building on more than four decades of innovation, we develop platforms and solutions that bring together advanced AI, high‑performance, low-power computing and industry‑leading connectivity—powering products and services used around the world. At Qualcomm, we are engineering human progress.

Qualcomm Incorporated includes our licensing business, QTL, and the vast majority of our patent portfolio. Qualcomm Technologies, Inc., a subsidiary of Qualcomm Incorporated, operates, along with its subsidiaries, substantially all of our engineering and research and development functions and substantially all of our products and services businesses, including our QCT semiconductor business. Snapdragon and Qualcomm branded products are products of Qualcomm Technologies, Inc. and/or its subsidiaries. Qualcomm patents are licensed by Qualcomm Incorporated. Qualcomm, Snapdragon, Qualcomm Dragonwing and Qualcomm Dragonfly are trademarks or registered trademarks of Qualcomm Incorporated.

About Corning Incorporated

Corning (www.corning.com) is one of the world’s leading innovators in materials science, with a 175-year track record of life-changing inventions. Corning applies its unparalleled expertise in glass science, ceramic science, and optical physics, along with its deep manufacturing and engineering capabilities to develop category-defining products that transform industries and enhance people’s lives. Corning succeeds through sustained investment in RD&E, a unique combination of material and process innovation, and deep, trust-based relationships with customers who are global leaders in their industries. Corning’s capabilities are versatile and synergistic, which allows the company to evolve to meet changing market needs, while also helping its customers capture new opportunities in dynamic industries. Today, Corning’s markets include optical communications, mobile consumer electronics, display, automotive, solar, semiconductors, and life sciences.

Category: Financial

LOS ANGELES--(BUSINESS WIRE)---- $GLW--GLW Investors Have Opportunity to Join Corning Incorporated Fraud Investigation with SBS Law.

Nykredit A S purchased a new position in shares of Corning Incorporated (NYSE:GLW – Free Report) during the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor purchased 296,266 shares of the electronics maker’s stock, valued at approximately $75,675,000.

Several other hedge funds and other institutional investors have also bought and sold shares of GLW. Parkside Financial Bank & Trust boosted its holdings in Corning by 13.5% in the second quarter. Parkside Financial Bank & Trust now owns 7,916 shares of the electronics maker’s stock worth $2,022,000 after acquiring an additional 943 shares in the last quarter. Range Advisory LLC lifted its holdings in shares of Corning by 12.7% during the second quarter. Range Advisory LLC now owns 2,087 shares of the electronics maker’s stock worth $533,000 after purchasing an additional 236 shares during the period. Brown Lisle Cummings Inc. boosted its position in Corning by 6.2% in the second quarter. Brown Lisle Cummings Inc. now owns 13,455 shares of the electronics maker’s stock valued at $3,437,000 after buying an additional 786 shares during the last quarter. Alternative Investment Advisors LLC. purchased a new position in Corning during the 2nd quarter worth approximately $251,000. Finally, Cornerstone Financial Management LLC lifted its stake in Corning by 63.3% during the 2nd quarter. Cornerstone Financial Management LLC now owns 196 shares of the electronics maker’s stock valued at $50,000 after acquiring an additional 76 shares during the period. Institutional investors own 69.80% of the company’s stock.

Corning Price Performance GLW opened at $150.10 on Friday. The firm has a market cap of $129.29 billion, a price-to-earnings ratio of 68.54, a PEG ratio of 1.89 and a beta of 1.16. Corning Incorporated has a 12-month low of $77.05 and a 12-month high of $271.78. The company has a current ratio of 1.81, a quick ratio of 1.24 and a debt-to-equity ratio of 0.59. The stock’s 50-day moving average price is $154.25 and its 200 day moving average price is $166.04.

Corning (NYSE:GLW – Get Free Report) last posted its quarterly earnings data on Tuesday, July 28th. The electronics maker reported $0.78 EPS for the quarter, beating the consensus estimate of $0.76 by $0.02. The business had revenue of $4.74 billion during the quarter, compared to analyst estimates of $4.63 billion. Corning had a net margin of 11.20% and a return on equity of 20.09%. The business’s revenue for the quarter was up 17.1% compared to the same quarter last year. During the same quarter last year, the firm posted $0.60 earnings per share. Corning has set its Q3 2026 guidance at 0.850-0.890 EPS. As a group, sell-side analysts expect that Corning Incorporated will post 3.28 earnings per share for the current year. Corning Dividend Announcement The firm also recently declared a quarterly dividend, which will be paid on Tuesday, September 29th. Investors of record on Monday, August 31st will be given a $0.28 dividend. The ex-dividend date is Monday, August 31st. This represents a $1.12 annualized dividend and a yield of 0.7%. Corning’s dividend payout ratio is 51.14%.

Wall Street Analysts Forecast Growth GLW has been the subject of a number of recent research reports. The Goldman Sachs Group reiterated an “outperform” rating on shares of Corning in a research note on Tuesday. Morgan Stanley lowered their price target on Corning from $180.00 to $165.00 and set an “equal weight” rating on the stock in a research report on Wednesday, July 29th. Zacks Research lowered shares of Corning from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, May 26th. Barclays cut their price objective on Corning from $180.00 to $129.00 and set an “equal weight” rating for the company in a research note on Wednesday, July 29th. Finally, Weiss Ratings cut shares of Corning from a “buy (b-)” rating to a “hold (c+)” rating in a research report on Friday, August 21st. Twelve research analysts have rated the stock with a Buy rating and six have assigned a Hold rating to the stock. According to data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $176.50.

Check Out Our Latest Stock Analysis on Corning

Trending Headlines about Corning Here are the key news stories impacting Corning this week:

Positive Sentiment: Corning and Verizon signed a multiyear, multibillion-dollar supply agreement running through 2032. The deal covers high-density optical fiber and connectivity products for broadband expansion and next-generation AI infrastructure, strengthening visibility into future demand. Corning Verizon fiber agreement Positive Sentiment: Corning and industry partners completed the SDM4 Multicore Fiber specification, creating a common technical framework for high-density, multi-vendor optical links in AI data centers. The development supports Corning’s long-term positioning in a rapidly expanding market. Corning SDM4 multicore fiber specification Positive Sentiment: Investors are also responding to Corning’s expanding partnerships with Meta, Amazon, NVIDIA and Verizon, which could broaden opportunities as AI-related networking and data-center spending grows. Corning expanding partner base Positive Sentiment: Optical-equipment stocks broadly moved higher, indicating sector-wide enthusiasm for AI infrastructure and optical-network demand rather than a Corning-specific catalyst alone. Optics stocks extend gains Neutral Sentiment: Jim Cramer advised investors to wait for Corning to fall further rather than trim profitable positions immediately. His comments may influence short-term sentiment but do not change the company’s fundamentals. Jim Cramer comments on Corning Negative Sentiment: Recent filings tracked in the coverage show seven insider sales and no purchases over six months, including sales by senior executives. This may raise caution about valuation or near-term upside, although insider selling can reflect planned diversification. Negative Sentiment: Pomerantz announced an investigation referencing Corning, but the notice appears to contain a ticker inconsistency—identifying the company as “COO” rather than GLW—so its relevance to Corning investors is unclear. Pomerantz investor alert Insider Buying and Selling In other Corning news, EVP Lewis Steverson sold 13,100 shares of Corning stock in a transaction on Friday, August 28th. The shares were sold at an average price of $151.29, for a total value of $1,981,899.00. Following the transaction, the executive vice president directly owned 15,052 shares in the company, valued at approximately $2,277,217.08. The trade was a 46.53% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. 0.25% of the stock is currently owned by company insiders.

Corning Company Profile (Free Report)

Corning Incorporated (NYSE: GLW) is a global materials science and technology company that develops specialty glass, ceramics and optical fiber products. Founded in 1851 and headquartered in Corning, New York, the company combines expertise in glass science, ceramics science, optical physics and manufacturing to serve communications, consumer electronics, automotive, life sciences and other industrial markets.

Corning’s products include optical fiber, cable and hardware used in telecommunications networks; cover glass and other components for mobile devices, laptops and other electronics; display glass for televisions and computer monitors; emissions-control products for automobiles and trucks; laboratory vessels and equipment; and specialty glass and ceramic products for industrial, semiconductor and aerospace applications.

The company serves customers worldwide through manufacturing, research and commercial operations across North America, Europe and Asia.

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Shares of optical fiber producer Corning (GLW -13.70%) fell hard on Monday, down 13% on the day as of 2:05 p.m. EDT.

Virtually all hardware companies related to the AI infrastructure build-out were down today; however, Corning took an even larger hit, as it announced after market close last Friday that it would also be selling stock to fund its build-out.

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Corning sells shares into a declining market Last Friday, Corning announced in a filing that it would sell up to $2 billion of stock on the open market through an at-the-market equity sale program, to be administered by Goldman Sachs.

The reason is that Corning has committed to meeting massive demand from AI companies in advance and needs to invest the capital required to produce more optical fiber. Today, Mizuho Financial Group analyst John Roberts lowered his price target on Corning, saying that, "While optical cabling and connectors are relatively asset-light, furnaces for glass optical fiber production are asset-heavy."

Even after today's stock price decline, a $2 billion share sale would only result in about a 1.6% dilution of shareholders. Still, these types of programs are usually met with some selling by the market, as news of dilution generally sparks a short-term sell-off.

However, today's move was particularly severe, as the sectorwide sell-off in AI stocks drove Corning's share price down sharply. This was the result of this past weekend's blog post from Dario Amodei, CEO of Anthropic, who advocated for a slowdown in frontier model training due to disproportionate risks.

Announcing that you need to sell stock into a declining market can exacerbate the downdraft, so it's no surprise to see Corning falling today. Additionally, investors may be wary that all this investment by Corning may be directed toward facilities that could face lower demand should an AI training slowdown or halt occur.

Image source: Getty Images.

Buying opportunity? If the AI industry halts or materially slows down frontier model training, that could affect the growth of optical fiber connectivity in the future. It has been forecast that hyper-dense AI data centers will gradually replace copper connections with optical ones within server racks and even within servers themselves at some point.

However, any training halt won't slow inference, which still requires many low-latency connections that only optical fiber can provide.

So while optical demand might not accelerate at hyper-speed, the sub-sector should still see healthy growth. That likely makes today's sell-off in Corning, and really in all AI infrastructure stocks geared toward inference, a buying opportunity.

SummaryCorning Incorporated maintains a Buy rating, with valuation now more appealing despite recent technical deterioration and sector-wide AI-related volatility.Q2 results showed strong growth in Optical Communications and Solar, with enterprise sales up 65% YoY and solar revenue up 90% YoY.GLW targets aggressive sales run rates—$20B by 2026, $30B by 2028, and $40B by 2030—supported by major partnerships and robust free cash flow.Key risks include potential AI spending pullback and rising capex, but long-term agreements and improving earnings outlook underpin the bullish thesis. Tim Robberts/DigitalVision via Getty Images

The AI trade came under heavy selling pressure on Monday, September 14, following comments from tech executives who pushed for a tapping of the breaks on AI development. Weekend statements from Anthropic (ANTHRO) chief

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