| Corning Stock Analysis: Buy, Hold, or Sell? |
Corning (GLW -0.13%) is an interesting stock for investors to consider amid rising tariffs. |
fool.com |
2025-05-15 14:15:00 |
Czytaj oryginał (ang.) |
| GLW, AVGO Partner to Boost Processing Capabilities of AI Data Centers |
Corning and Broadcom collaborate to revolutionize data center processing capacity with co-packaged optics. |
zacks.com |
2025-05-14 16:26:14 |
Czytaj oryginał (ang.) |
| Corning Incorporated (GLW) J.P. Morgan 53rd Annual Global Technology, Media and Communications Conference (Transcript) |
Corning Incorporated (NYSE:GLW ) J.P. Morgan 53rd Annual Global Technology, Media and Communications Conference May 14, 2025 9:20 AM ET Company Participants Wendell Weeks - Chairman & Chief Executive Officer Ed Schlesinger - Executive Vice President & Chief Financial Officer Conference Call Participants Samik Chatterjee - J.P. |
seekingalpha.com |
2025-05-14 15:51:08 |
Czytaj oryginał (ang.) |
| Corning Collaborates with Broadcom To Accelerate AI Data Center Processing Capacity |
CORNING, N.Y.--(BUSINESS WIRE)--Corning Incorporated (NYSE:GLW), a world leader in glass science and optical physics, today announced a collaboration with Broadcom Incorporated (NASDAQ:AVGO), a leading supplier in the semiconductor field, on a co-packaged optics (CPO) infrastructure that will significantly increase processing capacity within data centers. Corning will supply cutting-edge optical components for Broadcom's Bailly CPO system, the industry's first CPO-based 51.2 terabit per second. |
businesswire.com |
2025-05-13 12:31:00 |
Czytaj oryginał (ang.) |
| Samsung Galaxy S25 Edge Features New Corning® Gorilla® Glass Ceramic 2 for Enhanced Durability |
CORNING, N.Y.--(BUSINESS WIRE)--Corning Incorporated (NYSE: GLW) and Samsung Electronics Co., Ltd. today announced that the upcoming Galaxy S25 Edge will feature Corning® Gorilla® Glass Ceramic 21, a new glass ceramic offering that delivers advanced protection in a new, remarkably thin device form factor. Driven by a shared vision to push the boundaries of mobile engineering, Samsung and Corning joined forces to ensure the premium S series experience balances elegance with resilience. Gorilla G. |
businesswire.com |
2025-05-09 12:01:00 |
Czytaj oryginał (ang.) |
| Corning Announces Quarterly Dividend |
CORNING, N.Y.--(BUSINESS WIRE)--Corning Incorporated's (NYSE: GLW) Board of Directors today declared a quarterly dividend of $0.28 per share. The dividend will be payable on June 27, 2025, to shareholders of record on May 30, 2025. 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,” “plan,” “seek,” “see,. |
businesswire.com |
2025-05-01 15:50:00 |
Czytaj oryginał (ang.) |
| Corning President and Chief Operating Officer Eric Musser to Retire; Company Announces Strategic Senior Leadership Promotions |
CORNING, N.Y.--(BUSINESS WIRE)--Corning Incorporated (NYSE: GLW) today announced that Eric S. Musser, president and chief operating officer, will retire later this year after 39 years of exceptional service across the company. Musser will continue in his current role until his retirement. Recognizing Eric Musser for 39 years of outstanding service and lasting impact to Corning In 2020, Musser was appointed president and chief operating officer to drive operational excellence within a new strate. |
businesswire.com |
2025-05-01 13:48:00 |
Czytaj oryginał (ang.) |
| GLW's Q1 Earnings Beat on Strong Growth in Optical Communications |
Corning's top-line growth is backed by healthy demand for its advanced Gen-AI products in Optical Communication and price adjustments in Display Technologies. |
zacks.com |
2025-04-29 16:10:41 |
Czytaj oryginał (ang.) |
| Top Stock Movers Now: Honeywell, Sherwin-Williams, Regeneron, and More |
U.S. equities were higher at midday as markets waited for further clarification from the Trump administration about possible changes in tariff policy. The Dow Jones Industrial Average rose 0.6%, and the S&P 500 and Nasdaq were up by smaller percentages. |
investopedia.com |
2025-04-29 16:06:37 |
Czytaj oryginał (ang.) |
| Corning Incorporated (GLW) Q1 2025 Earnings Call Transcript |
Corning Incorporated (NYSE:GLW ) Q1 2025 Earnings Conference Call April 29, 2025 8:30 AM ET Company Participants Ann Nicholson - VP, IR Wendell Weeks - Chairman & CEO Ed Schlesinger - EVP & CFO Conference Call Participants Steven Fox - Fox Advisors Wamsi Mohan - Bank of America Asiya Merchant - Citi Samik Chatterjee - JPMorgan Mehdi Hosseini - Susquehanna Financial Group John Roberts - Mizuho Operator Thank you for standing by, and welcome to the Corning Incorporated First Quarter 2025 Earnings Call. At this time, all participants are in a listen-only mode. |
seekingalpha.com |
2025-04-29 15:41:30 |
Czytaj oryginał (ang.) |
| Corning (GLW) Reports Q1 Earnings: What Key Metrics Have to Say |
While the top- and bottom-line numbers for Corning (GLW) give a sense of how the business performed in the quarter ended March 2025, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values. |
zacks.com |
2025-04-29 14:35:46 |
Czytaj oryginał (ang.) |
| Corning (GLW) Q1 Earnings and Revenues Top Estimates |
Corning (GLW) came out with quarterly earnings of $0.54 per share, beating the Zacks Consensus Estimate of $0.50 per share. This compares to earnings of $0.38 per share a year ago. |
zacks.com |
2025-04-29 13:25:37 |
Czytaj oryginał (ang.) |
| Corning sees second-quarter core sales above estimates as AI boom aids demand |
Corning forecast second-quarter core sales above Wall Street expectations on Tuesday, aided by strong demand for its optical connectivity products used in AI-related infrastructure. |
reuters.com |
2025-04-29 12:13:15 |
Czytaj oryginał (ang.) |
| Corning Announces Strong First-Quarter 2025 Financial Results(1) and Reiterates Confidence in Springboard Plan |
CORNING, N.Y.--(BUSINESS WIRE)--Corning Incorporated (NYSE: GLW) today announced its first-quarter 2025 results and provided its outlook for second-quarter 2025. Wendell P. Weeks, chairman and chief executive officer, said, “Today, we announced strong first-quarter results that exceeded guidance. Core sales grew 13% year over year and core EPS grew three times faster. In Optical Communications, sales in our Enterprise business were up 106% year over year on continued strong demand for our new p. |
businesswire.com |
2025-04-29 11:10:00 |
Czytaj oryginał (ang.) |
| Insights Into Corning (GLW) Q1: Wall Street Projections for Key Metrics |
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 March 2025. |
zacks.com |
2025-04-28 14:22:01 |
Czytaj oryginał (ang.) |
| AI Is Here, And It Needs Corning |
Corning is positioned to benefit from AI infrastructure growth, particularly in optical connectivity, driving demand for fiber connections in data centers. The Springboard plan targets $4B in sales and 20% operating margin by 2026, fueled by AI product adoption. Corning's other diversified segments provide a financial cushion, allowing it to capitalize on the AI boom. |
seekingalpha.com |
2025-04-26 09:30:00 |
Czytaj oryginał (ang.) |
| COMM vs GLW: Which Communications Stock is a Better Buy Right Now? |
CommScope is optimizing its portfolio to better address evolving market trends, while Corning, with decades of expertise, remains a strong player in the communication infrastructure space. |
zacks.com |
2025-04-25 16:55:32 |
Czytaj oryginał (ang.) |
| GLW Set to Report Q1 Results: Will Top-Line Growth Boost Earnings? |
Corning is expected to report a top-line growth year over year in the first quarter of 2025, backed by solid momentum in multiple segments. |
zacks.com |
2025-04-23 16:05:38 |
Czytaj oryginał (ang.) |
| Telecom Leaders Unite to Champion Next Generation Technologies So Rural Communities Can Thrive |
Legacy copper networks are no longer the most viable means to deliver the high-speed connectivity that families and communities need to compete, thrive and grow in today's world CHARLOTTE, N.C. , April 23, 2025 /PRNewswire/ -- Today, a group of leading telecommunications companies published a strategic paper outlining the advantages of fiber optic, wireless, satellite and coaxial cable technologies for connectivity as copper networks across the country continue to deteriorate and become obsolete. |
prnewswire.com |
2025-04-23 13:00:00 |
Czytaj oryginał (ang.) |
| Corning price target lowered to $52 from $58 at Mizuho |
Mizuho analyst John Roberts lowered the firm's price target on Corning to $52 from $58 and keeps an Outperform rating on the shares. The firm updated price targets in the chemicals, agriculture, and packaging sector to reflect the recent market multiple reductions, and only modestly reduce forward year estimates as Mizuho does not have a recession forecast. However, lower oil prices will reduce the gas-linked cost advantage for many of the basic chemical stocks, the analyst tells investors in a research note. The firm believes March quarter pre-buying for autos and electronics creates "risk for give-back near-term." 29 Apr 01 May |
https://thefly.com |
2025-04-15 13:37:05 |
Czytaj oryginał (ang.) |
| Airspan Announces Agreement to Acquire Corning's Wireless Business |
BOCA RATON, Fla.--(BUSINESS WIRE)-- #5G--Airspan Networks Holdings LLC ("Airspan"), a leading global provider of wireless network solutions, today announced that it has entered into a definitive agreement to acquire the wireless business of Corning Incorporated (NYSE:GLW). The transaction is subject to regulatory approval and is expected to close in Q1 2025. Corning's wireless business includes its 6000 and 6200 distributed antenna systems (DAS) and its SpiderCloud 4G and 5G small cell radio access n. |
businesswire.com |
2025-02-20 14:03:00 |
Czytaj oryginał (ang.) |
| 3 Communication Stocks Set to Ride on Healthy Fiber & Cloud Traction |
Increased fiber densification, cloud focus and accelerated pace of 5G deployment should help the Zacks Communication - Components industry thrive despite short-term headwinds. ANET, GLW and AUDC are well-positioned to make the most of the demand for seamless connectivity solutions. |
zacks.com |
2025-02-20 12:55:39 |
Czytaj oryginał (ang.) |
| 5 Dividend Stocks That Investors May Bank On for Growth |
Tapestry, RTX, Cintas, Broadcom and Corning promise growth for investors. |
zacks.com |
2025-02-18 13:15:35 |
Czytaj oryginał (ang.) |
| Corning Surges 65% in the Past Year: Reason to Buy GLW Stock? |
GLW is likely to benefit from improved demand and commercialization of its innovations and appears to be a solid investment option at the moment. |
zacks.com |
2025-02-18 12:01:23 |
Czytaj oryginał (ang.) |
| Billionaire David Tepper's Appaloosa Jumps Out of Adobe and Into This Iconic Company |
David Tepper's hedge fund, Appaloosa LP , filed its Q4 2024 13F holdings report recently. |
247wallst.com |
2025-02-13 10:18:13 |
Czytaj oryginał (ang.) |
| Corning Announces Quarterly Dividend |
CORNING, N.Y.--(BUSINESS WIRE)--Corning Incorporated's (NYSE: GLW) Board of Directors today declared a quarterly dividend of $0.28 per share. The dividend will be payable on March 28, 2025, to shareholders of record on February 28, 2025. 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,” “plan,” “seek,”. |
businesswire.com |
2025-02-12 13:51:00 |
Czytaj oryginał (ang.) |
| Here's Why Corning (GLW) is a Strong Momentum Stock |
Whether you're a value, growth, or momentum investor, finding strong stocks becomes easier with the Zacks Style Scores, a top feature of the Zacks Premium research service. |
zacks.com |
2025-02-07 12:51:22 |
Czytaj oryginał (ang.) |
| Corning Q4: Accelerating Growth Supports Buy Rating |
Corning's Q4 2024 results exceeded expectations in revenue and EPS, with optimistic guidance for Q1 2025, reinforcing my long-term Buy rating. The company has entered a period of accelerated revenue growth, with margins expanding even more rapidly. Despite somewhat elevated valuation multiples, the stock has significant room for growth, with a $61 price target for 2025 under a base-case scenario. |
seekingalpha.com |
2025-02-06 21:26:46 |
Czytaj oryginał (ang.) |
| These 2 Computer and Technology Stocks Could Beat Earnings: Why They Should Be on Your Radar |
The Zacks Earnings ESP is a great way to find potential earnings surprises. Why investors should take advantage now. |
zacks.com |
2025-02-05 11:51:29 |
Czytaj oryginał (ang.) |
| GLW or ANET: Which Is the Better Value Stock Right Now? |
Investors interested in stocks from the Communication - Components sector have probably already heard of Corning (GLW) and Arista Networks (ANET). But which of these two stocks offers value investors a better bang for their buck right now? |
zacks.com |
2025-02-03 14:41:33 |
Czytaj oryginał (ang.) |
| Corning Incorporated (GLW) Hit a 52 Week High, Can the Run Continue? |
Corning (GLW) is at a 52-week high, but can investors hope for more gains in the future? We take a look at the company's fundamentals for clues. |
zacks.com |
2025-01-30 12:16:13 |
Czytaj oryginał (ang.) |
| Why Corning Stock Is Falling After an Initial Surge Today |
Corning (GLW -2.62%) stock is losing ground Wednesday despite an initial bullish surge early in the day's trading. The company's share price was down 2.4% as of 3:45 p.m. |
fool.com |
2025-01-29 18:04:14 |
Czytaj oryginał (ang.) |
| Nasdaq Down Over 100 Points; Corning Posts Upbeat Earnings |
U.S. stocks traded mostly lower midway through trading, with the Nasdaq Composite falling more than 100 points on Wednesday. |
benzinga.com |
2025-01-29 14:08:42 |
Czytaj oryginał (ang.) |
| Compared to Estimates, Corning (GLW) Q4 Earnings: A Look at Key Metrics |
The headline numbers for Corning (GLW) give insight into how the company performed in the quarter ended December 2024, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals. |
zacks.com |
2025-01-29 14:05:30 |
Czytaj oryginał (ang.) |
| Corning Incorporated (GLW) Q4 2024 Earnings Call Transcript |
Corning Incorporated (NYSE:GLW ) Q4 2024 Earnings Conference Call January 29, 2025 8:30 AM ET Company Participants Ann Nicholson - Vice President, Investor Relations Wendell Weeks - Chairman & Chief Executive Officer Ed Schlesinger - Executive Vice President & Chief Financial Officer Conference Call Participants Joe Cardoso - JPMorgan Asiya Merchant - Citi Wamsi Mohan - Bank of America John Roberts - Mizuho Matt Niknam - Deutsche Bank Meta Marshall - Morgan Stanley Tim Long - Barclays James Cannon - UBS George Notter - Jefferies Operator Welcome to the Corning Incorporated Quarter Four 2024 Earnings Call. [Operator Instructions] It is my pleasure to introduce to you Ann Nicholson, Vice President of Investor Relations. |
seekingalpha.com |
2025-01-29 13:34:43 |
Czytaj oryginał (ang.) |
| Corning Beats Q4 Estimates |
Corning (GLW -2.73%), a leader in specialty glass and ceramics, announced its fourth-quarter results for 2024 on Jan. 29. Highlights included earnings per share (EPS) of $0.57, beating expectations by $0.01, and revenue of $3.87 billion, surpassing estimates of $3.76 billion. |
fool.com |
2025-01-29 13:20:06 |
Czytaj oryginał (ang.) |
| GLW Beats Q4 Earnings Estimates on Healthy Top-Line Improvement |
Solid traction in several verticals and optical connectivity products for GenAI applications helped GLW beat fourth-quarter earnings estimates. |
zacks.com |
2025-01-29 13:16:12 |
Czytaj oryginał (ang.) |
| Corning (GLW) Beats Q4 Earnings and Revenue Estimates |
Corning (GLW) came out with quarterly earnings of $0.57 per share, beating the Zacks Consensus Estimate of $0.56 per share. This compares to earnings of $0.39 per share a year ago. |
zacks.com |
2025-01-29 11:20:18 |
Czytaj oryginał (ang.) |
| Corning forecasts Q1 results above estimates on robust demand for AI-related infrastructure |
Corning on Wednesday forecasted first-quarter revenue and profit that beat Wall Street expectations, with the Gorilla Glass-maker expecting robust demand for its optical fiber products for artificial intelligence-related infrastructure. |
reuters.com |
2025-01-29 10:08:34 |
Czytaj oryginał (ang.) |
| Corning Reports Strong Fourth-Quarter and Full-Year 2024 Financial Results,(1) Marking Successful First Year of ‘Springboard' Plan |
CORNING, N.Y.--(BUSINESS WIRE)--Corning Incorporated (NYSE: GLW) today announced its fourth-quarter and full-year 2024 results and provided its outlook for first-quarter 2025. Wendell P. Weeks, chairman and chief executive officer, said, “We had another outstanding quarter. We grew core sales 18% year over year to $3.9 billion and grew core EPS 46% to $0.57 while expanding core operating margin by 220 basis points to 18.5%. We also expanded core ROIC 390 basis points to 12.7%. Additionally, we. |
businesswire.com |
2025-01-29 09:10:00 |
Czytaj oryginał (ang.) |
| GLW vs. ANET: Which Stock Is the Better Value Option? |
Investors looking for stocks in the Communication - Components sector might want to consider either Corning (GLW) or Arista Networks (ANET). But which of these two companies is the best option for those looking for undervalued stocks? |
zacks.com |
2024-12-31 15:05:44 |
Czytaj oryginał (ang.) |
| What Makes Corning (GLW) a New Buy Stock |
Corning (GLW) has been upgraded to a Zacks Rank #2 (Buy), reflecting growing optimism about the company's earnings prospects. This might drive the stock higher in the near term. |
zacks.com |
2024-12-31 15:05:28 |
Czytaj oryginał (ang.) |
| Is Corning (GLW) Outperforming Other Computer and Technology Stocks This Year? |
Here is how Corning (GLW) and F5 Networks (FFIV) have performed compared to their sector so far this year. |
zacks.com |
2024-12-31 12:40:18 |
Czytaj oryginał (ang.) |
| Dell, Corning, Coherent: JPMorgan's Top Picks For Cyclical Recovery 'Beyond AI' |
As the tech sector pivots from AI-fueled growth to a broader market recovery, JPMorgan analyst Samik Chatterjee highlights a cyclical rebound powering upside for traditional IT infrastructure and industrial tech. |
benzinga.com |
2024-12-16 10:45:58 |
Czytaj oryginał (ang.) |
| Here's Why Corning (GLW) is a Strong Value Stock |
Wondering how to pick strong, market-beating stocks for your investment portfolio? Look no further than the Zacks Style Scores. |
zacks.com |
2024-12-11 12:46:33 |
Czytaj oryginał (ang.) |
| Lumen Technologies (LUMN) Price Prediction and Forecast 2025-2030 |
After struggling for years, shares of Lumen Technologies (NYSE: LUMN) skyrocketed in 2024, more than doubling through the first three quarters of the year. But as the company continues operating with a negative price-to-earnings (Pbu/E) ratio, there are lingering concerns about the tech company’s future prospects. Lumen Technologies has been around a long time, so it was a surprise to some that stock was recently at risk of being delisted from the New York Stock Exchange when in 2023, its price per share briefly dipped under $1.00 on Nov. 1, 2023. Those struggles continued into 2024, but by mid-summer, the stock surged when demand for its high-speed fiber-network solutions began to grow. The company recently secured deals with Microsoft Corporation (NASDAQ: MSFT) and other leading tech companies, like Corning Inc. (NYSE: GLW), that are requiring increased connectivity between their data centers because of the explosive growth of artificial intelligence (AI). But after posting positive earnings to end FY 2022 and and repeat that success in the first two quarters of 2023 — including a sizable beat on earnings per share (EPS) of 43 cents to analysts’ expectations of 23 cents in Q4 of 2022 — Lumen has gone on to post negative EPS in four of the following five quarters as the company’s revenues have fallen steadily over the same period. So 24/7 Wall Street performed analysis to determine if the company is fundamentally flawed, or if AI demand and strategic partnerships will be enough to see its stock continue on its bull run. Key Points in This Article: Lumen Technologies’ net income losses were enormous last year, but on a trailing 12-month basis, there is a different story emerging that could suggest a turnaround of the company’s income statement. The company’s P/E ratio has been in negative territory six out of the past seven years, but the shift towards auxiliary AI services may right the ship. If you’re looking for a megatrend with massive potential, make sure to grab a complimentary copy of our “The Next NVIDIA” report. This report breaks down AI stocks with 10x potential and will give you a huge leg up in profiting from this massive sea change. Recent Lumen Stock Updates and News 12/9/2024 Lumen Technologies is focusing heavily on AI and forging partnerships with major tech giants. The company’s recent Q3 earnings report sparked a significant rally, and its strong connectivity infrastructure positions it to capitalize on the increasing demand for AI-powered solutions. 12/5/2024 Lumen Technologies and Quantum Fiber have introduced a new internet plant called Simply Fiber. This new, low-cost plan offers speeds of up to 200 Mbps for just $30 per month, including free installation and 360 Wi-Fi for broader home coverage. 12/3/2024 Lumen received a positive outlook from Citigroup, which raised its target price from $6.50 to $8.00. Citigroup maintained a “Neutral” rating on the stock. 11/26/2024 Lumen and its subsidiary, Level Financing, have successfully completed their cash tender offers for unsecured 2028 Notes. The settlement for these tender offers is expected to be finalized by November 26, 2024. 11/22/2024 Lumen’s current P/S ratio of 0.6x is lower than the average P/S ratio for U.S. telecompanies, which is around 1.3x. 11/20/2024 Lumen’s stock continues to decline today, falling 3.10% during the afternoon trade. If it continues to fall, the stock may reach seven straight sessions of losses. 11/19/2024 Lumen’s stock declined 8.2% today, reaching a low of $7.42 during the trading session. Trading volume was also much lower than average, with only 3,415,937 shares changing hands, an 83% decrease from the average session volume. 11/18/2024 Analysts have given Lumen a consensus rating of “Reduce” based on an assessment from eight research firms. Three analysts recommend a “Sell” and five suggest a “Hold”. The average 12-month price target for the stock is $4.02. Lumen Technologies’ Recent Stock Success From July 1, 2024, to Sept. 30, 2024, shares of LUMN went on a tear. The stock, which was trading at just $1.11 at the start of the third quarter of 2024, surged 540% by the end of Q3. That was quite the reversal given how the stock has slid 86.49% since hitting its all-time high of $49.45 on June 1, 2007. But market drivers are far different today than they were then, and with the emphasis on AI development, Lumen Technologies’ stock is on a bounce back after falling -37.79% over the past five years: Year Share Price Revenue* Net Income* 2014 $39.70 $18.031 $0.851 2015 $25.87 $17.900 $0.795 2016 $24.12 $17.470 $0.744 2017 $16.99 $17.656 $0.356 2018 $14.90 $23.433 $0.964 2019 $13.42 $22.401 $5.157 2020 $9.75 $20.712 $1.351 2021 $12.55 $19.687 $2.019 2022 $5.22 $17.478 $1.713 2023 $1.83 $14.557 $7.334 *Revenue and net income in $billions Over the course of the last decade, Lumen’s revenue decreased by more than 19% while net income gained by over 761.81%. As the company battled through its dated infrastructure and a significant debt load — shares fell significantly from $39.70 in 2014 to $1.83 in 2023. However, Lumen has been able to better balance its books, with total assets and total liabilities nearly aligned in 2023 to the tune of $34.02 billion and $33.57 billion, respectively. As the 56-year-old tech company looks forward to the second half of the decade, 24/7 Wall Street has identified three key drivers that are likely to positively impact Lumen Technologies’ growth metrics and stock performance through 2030. Key Drivers of Lumen Technologies’ Stock Performance 1. Strategic Partnerships With Tech Giants: The aforementioned strategic partnerships with Microsoft, the second-largest publicly traded company by market cap at $3.096 trillion, and Corning with its $36.16 billion market cap, should position Lumen for increased revenues and earnings for the foreseeable future. The partnership, announced in early August 2024, will result in Lumen more than doubling its total intercity network miles in order to unlock the next phases and capabilities of AI for cloud data centers (like Microsoft’s), enterprises and public agencies. According to the company’s press release, Lumen expects the deal with Microsoft to improve its cash flow by more than $20 million over the next 12 months. 2. Debt Restructuring: In March 2024, the company announced it had successfully extended its debt maturities, closing an approximately $1 billion revolving credit line maturing in June 2028 and completing the private placement of $1.325 billion due in November 2029. These efforts should free up funds and allow the company to address capital expenditures that will enable it to address the demands of the previously discussed strategic partnerships with Microsoft and Corning. 3. Insider Activity: While insider trading is never an absolute indication of growth, following the money can suggest what company executives’ sentiment is. And over the past 12 months, Lumen Technologies’ insiders have been doing far more buying than they have been selling. In fact, inside buyers have purchased a total of 12,924,936 million shares versus insider sellers offloading just 2,913,990. Put differently, the leadership at Lumen has out out-purchased sellers by more than 343% over the past year. Lumen Technologies (LUMN) Price Prediction in 2025 According to analysts, the current consensus median one-year price target for Lumen Technologies is $4.00, which represents more than -38.84% downside potential over the next 12 months given the current price per share of $6.54. Of 12 analysts covering LUMN, nine rate the stock as a ‘Hold,’ with the consensus rating being 3.15 on a scale from 1 (‘Strong Buy’) to 5 (‘Strong Sell’). By the end of 2025, 24/7 Wall Street‘s forecast for shares of LUMN is higher at $6.30, which only represents a downside potential of -3.67%, based on an annualized EPS of -46 cents. Lumen Technologies (LUMN) Stock Forecast Through 2030 Year Revenue* EPS 2025 $12.407 -$0.46 cents 2026 $12.229 -$0.26 cents 2027 $12.369 $0.05 cents 2028 $12.473 $0.39 cents 2029 $12.862 $0.38 cents 2030 $13.070 $0.69 cents *Revenue in $billions How Lumen Technologies’ Next Five Years Could Play Out By the end of 2025, 24/7 Wall Street‘s forecast for shares of LUMN is higher at $6.30, which only represents a downside potential of -14.17%, based on an annualized EPS of -46 cents. However, beginning in 2027 and continuing through 2030, we expect LUMN to post positive EPS growing from 5 cents to 59 cents based on revenue growth from $12.369 billion in 2027 to $13.070 billion in 2030. Lumen Technologies’ Price Target for 2030 By the conclusion of 2030, 24/7 Wall Street estimates that Lumen Technologies stock will be trading for $7.40 per share. Year Price Target 2025 $6.30 2026 $6.20 2027 $6.50 2028 $6.70 2029 $7.10 2030 $7.40 Cash Back Credit Cards Have Never Been This Good Credit card companies are at war, handing out free rewards and benefits to win the best customers. A good cash back card can be worth thousands of dollars a year in free money, not to mention other perks like travel, insurance, and access to fancy lounges. See our top picks for the best credit cards today. You won’t want to miss some of these offers. Flywheel Publishing has partnered with CardRatings for our coverage of credit card products. Flywheel Publishing and CardRatings may receive a commission from card issuers. The post Lumen Technologies (LUMN) Price Prediction and Forecast 2025-2030 appeared first on 24/7 Wall St.. |
https://247wallst.com |
2024-12-11 05:58:49 |
Czytaj oryginał (ang.) |
| Why Is Corning (GLW) Up 0.4% Since Last Earnings Report? |
Corning (GLW) reported earnings 30 days ago. What's next for the stock? |
zacks.com |
2024-11-28 14:35:56 |
Czytaj oryginał (ang.) |
| 3 Communication Stocks Set to Ride on Fiber Network & Cloud Focus |
Increased fiber densification, cloud focus and accelerated pace of 5G deployment should help the Zacks Communication - Components industry thrive despite short-term headwinds. ANET, GLW and HLIT are well-positioned to make the most of the demand for seamless connectivity solutions. |
zacks.com |
2024-11-28 13:16:17 |
Czytaj oryginał (ang.) |
| Corning offers bundle of commitments in bid to settle EU antitrust probe |
After the European Union opened a competition investigation into Corning earlier this month, citing concerns over alleged exclusive dealing, the Gorilla Glass maker has offered a raft of changes to its contract clauses aimed at settling the probe. |
techcrunch.com |
2024-11-25 09:33:34 |
Czytaj oryginał (ang.) |
| Apple supplier Corning offers to waive exclusive deals in EU antitrust probe |
The European Commission on Monday said U.S. maker of break resisting glass Corning had offered to waive all exclusive deals with mobile phone manufactures to address concerns over possible anticompetitive behaviour. |
reuters.com |
2024-11-25 07:48:22 |
Czytaj oryginał (ang.) |
| Why Corning (GLW) is a Top Value Stock for the Long-Term |
The Zacks Style Scores offers investors a way to easily find top-rated stocks based on their investing style. Here's why you should take advantage. |
zacks.com |
2024-11-20 12:41:37 |
Czytaj oryginał (ang.) |
| Lumen Technologies (LUMN) Price Prediction and Forecast 2025-2030 |
After struggling for years, shares of Lumen Technologies (NYSE: LUMN) skyrocketed in 2024, more than doubling through the first three quarters of the year. But as the company continues operating with a negative price-to-earnings (Pbu/E) ratio, there are lingering concerns about the tech company’s future prospects. Founded in 1968, Lumen Technologies has been around a long time, so it was a surprise to some that stock was recently at risk of being delisted from the New York Stock Exchange when in 2023, its price per share briefly dipped under $1.00 on Nov. 1, 2023. Those struggles continued into 2024, but by mid-summer, the stock surged when demand for its high-speed fiber-network solutions began to grow. The company recently secured deals with Microsoft Corporation (NASDAQ: MSFT) and other leading tech companies, like Corning Inc. (NYSE: GLW), that are requiring increased connectivity between their data centers because of the explosive growth of artificial intelligence (AI). But after posting positive earnings to end FY 2022 and and repeat that success in the first two quarters of 2023 — including a sizable beat on earnings per share (EPS) of 43 cents to analysts’ expectations of 23 cents in Q4 of 2022 — Lumen has gone on to post negative EPS in four of the following five quarters as the company’s revenues have fallen steadily over the same period. So 24/7 Wall Street performed analysis to determine if the company is fundamentally flawed, or if AI demand and strategic partnerships will be enough to see its stock continue on its bull run. Key Points in This Article: Lumen Technologies’ net income losses were enormous last year, but on a trailing 12-month basis, there is a different story emerging that could suggest a turnaround of the company’s income statement. The company’s P/E ratio has been in negative territory six out of the past seven years, but the shift towards auxiliary AI services may right the ship. If you’re looking for a mega trend with massive potential, make sure to grab a complimentary copy of our “The Next NVIDIA” report. This report breaks down AI stocks with 10x potential and will give you a huge leg up in profiting from this massive sea change. Recent Lumen Stock Updates and News 11/18/2024 Analysts have given Lumen a consensus rating of “Reduce” based on an assessment from eight research firms. Three analysts recommend a “Sell” and five suggest a “Hold”. The average 12-month price target for the stock is $4.02. Lumen Technologies’ Recent Stock Success From July 1, 2024, to Sept. 30, 2024, shares of LUMN went on a tear. The stock, which was trading at just $1.11 at the start of the third quarter of 2024, surged 540% by the end of Q3. That was quite the reversal given how the stock has slid 86.49% since hitting its all-time high of $49.45 on June 1, 2007. But market drivers are far different today than they were then, and with the emphasis on AI development, Lumen Technologies’ stock is on a bounce back after falling -25.48% over the past five years: Year Share Price Revenue* Net Income* 2014 $39.70 $18.031 $0.851 2015 $25.87 $17.900 $0.795 2016 $24.12 $17.470 $0.744 2017 $16.99 $17.656 $0.356 2018 $14.90 $23.433 $0.964 2019 $13.42 $22.401 $5.157 2020 $9.75 $20.712 $1.351 2021 $12.55 $19.687 $2.019 2022 $5.22 $17.478 $1.713 2023 $1.83 $14.557 $7.334 *Revenue and net income in $billions Over the course of the last decade, Lumen’s revenue decreased by more than 19% while net income gained by over 761.81%. As the company battled through its dated infrastructure and a significant debt load — shares fell significantly from $39.70 in 2014 to $1.83 in 2023. However, Lumen has been able to better balance its books, with total assets and total liabilities nearly aligned in 2023 to the tune of $34.02 billion and $33.57 billion, respectively. As the 56-year-old tech company looks forward to the second half of the decade, 24/7 Wall Street has identified three key drivers that are likely to positively impact Lumen Technologies’ growth metrics and stock performance through 2030. Key Drivers of Lumen Technologies’ Stock Performance 1. Strategic Partnerships With Tech Giants: The aforementioned strategic partnerships with Microsoft, the second-largest publicly traded company by market cap at $3.096 trillion, and Corning with its $36.16 billion market cap, should position Lumen for increased revenues and earnings for the foreseeable future. The partnership, announced in early August 2024, will result in Lumen more than doubling its total intercity network miles in order to unlock the next phases and capabilities of AI for cloud data centers (like Microsoft’s), enterprises and public agencies. According to the company’s press release, Lumen expects the deal with Microsoft to improve its cash flow by more than $20 million over the next 12 months. 2. Debt Restructuring: In March 2024, the company announced it had successfully extended its debt maturities, closing an approximately $1 billion revolving credit line maturing in June 2028 and completing the private placement of $1.325 billion due in November 2029. These efforts should free up funds and allow the company to address capital expenditures that will enable it to address the demands of the previously discussed strategic partnerships with Microsoft and Corning. 3. Insider Activity: While insider trading is never an absolute indication of growth, following the money can suggest what company executives’ sentiment is. And over the past 12 months, Lumen Technologies’ insiders have been doing far more buying than they have been selling. In fact, inside buyers have purchased a total of 12,924,936 million shares versus insider sellers offloading just 2,913,990. Put differently, the leadership at Lumen has out out-purchased sellers by more than 343% over the past year. Lumen Technologies (LUMN) Price Prediction in 2025 According to analysts, the current consensus median one-year price target for Lumen Technologies is $4.00, which represents more than 53.33% downside potential over the next 12 months given the current price per share of $8.57. Of 12 analysts covering LUMN, nine rate the stock as a ‘Hold,’ with the consensus rating being 3.15 on a scale from 1 (‘Strong Buy’) to 5 (‘Strong Sell’). By the end of 2025, 24/7 Wall Street‘s forecast for shares of LUMN is higher at $6.30, which only represents a downside potential of -26.49%, based on an annualized EPS of -46 cents. Lumen Technologies (LUMN) Stock Forecast Through 2030 Year Revenue* EPS 2025 $12.407 -$0.46 cents 2026 $12.229 -$0.26 cents 2027 $12.369 $0.05 cents 2028 $12.473 $0.39 cents 2029 $12.862 $0.38 cents 2030 $13.070 $0.69 cents *Revenue in $billions How Lumen Technologies’ Next Five Years Could Play Out By the end of 2025, 24/7 Wall Street‘s forecast for shares of LUMN is higher at $6.30, which only represents a downside potential of -37.80%, based on an annualized EPS of -46 cents. However, beginning in 2027 and continuing through 2030, we expect LUMN to post positive EPS growing from 5 cents to 59 cents based on revenue growth from $12.369 billion in 2027 to $13.070 billion in 2030. Lumen Technologies’ Price Target for 2030 By the conclusion of 2030, 24/7 Wall Street estimates that Lumen Technologies stock will be trading for $7.40 per share. Year Price Target 2025 $6.30 2026 $6.20 2027 $6.50 2028 $6.70 2029 $7.10 2030 $7.40 The #1 Thing to Do Before You Claim Social Security (Sponsor) Choosing the right (or wrong) time to claim Social Security can dramatically change your retirement. So, before making one of the biggest decisions of your financial life, it’s a smart idea to get an extra set of eyes on your complete financial situation. A financial advisor can help you decide the right Social Security option for you and your family. Finding a qualified financial advisor doesn’t have to be hard. SmartAsset’s free tool matches you with up to three financial advisors who serve your area, and you can interview your advisor matches at no cost to decide which one is right for you. Click here to match with up to 3 financial pros who would be excited to help you optimize your Social Security outcomes. Have questions about retirement or personal finance? Email us at Retire@247wallst.com! By emailing your questions to 24/7 Wall St., you agree to have them published anonymously on 247wallst.com. By submitting your story, you understand and agree that we may use your story, or versions of it, in all media and platforms, including via third parties. The post Lumen Technologies (LUMN) Price Prediction and Forecast 2025-2030 appeared first on 24/7 Wall St.. |
https://247wallst.com |
2024-11-19 06:01:43 |
Czytaj oryginał (ang.) |
| Lumen Technologies (LUMN) Price Prediction and Forecast 2025-2030 |
After struggling for years, shares of Lumen Technologies (NYSE: LUMN) skyrocketed in 2024, more than doubling through the first three quarters of the year. But as the company continues operating with a negative price-to-earnings (P/E) ratio, there are lingering concerns about the tech company’s future prospects. Founded in 1968, Lumen Technologies has been around a long time, so it was a surprise to some that stock was recently at risk of being delisted from the New York Stock Exchange when in 2023, its price per share briefly dipped under $1.00 on Nov. 1, 2023. Those struggles continued into 2024, but by mid-summer, the stock surged when demand for its high-speed fiber-network solutions began to grow. The company recently secured deals with Microsoft Corporation (NASDAQ: MSFT) and other leading tech companies, like Corning Inc. (NYSE: GLW), that are requiring increased connectivity between their data centers because of the explosive growth of artificial intelligence (AI). But after posting positive earnings to end FY 2022 and and repeat that success in the first two quarters of 2023 — including a sizable beat on earnings per share (EPS) of 43 cents to analysts’ expectations of 23 cents in Q4 of 2022 — Lumen has gone on to post negative EPS in four of the following five quarters as the company’s revenues have fallen steadily over the same period. So 24/7 Wall Street performed analysis to determine if the company is fundamentally flawed, or if AI demand and strategic partnerships will be enough to see its stock continue on its bull run. Key Points in This Article: Lumen Technologies’ net income losses were enormous last year, but on a trailing 12-month basis, there is a different story emerging that could suggest a turnaround of the company’s income statement. The company’s P/E ratio has been in negative territory six out of the past seven years, but the shift towards auxiliary AI services may right the ship. If you’re looking for a mega trend with massive potential, make sure to grab a complimentary copy of our “The Next NVIDIA” report. This report breaks down AI stocks with 10x potential and will give you a huge leg up in profiting from this massive sea change. Lumen Technologies’ Recent Stock Success From July 1, 2024, to Sept. 30, 2024, shares of LUMN went on a tear. The stock, which was trading at just $1.11 at the start of the third quarter of 2024, surged 540% by the end of Q3. That was quite the reversal given how the stock has slid 86.49% since hitting its all-time high of $49.45 on June 1, 2007. But market drivers are far different today than they were then, and with the emphasis on AI development, Lumen Technologies’ stock is on a bounce back after falling -11.69% over the past five years: Year Share Price Revenue* Net Income* 2014 $39.70 $18.031 $0.851 2015 $25.87 $17.900 $0.795 2016 $24.12 $17.470 $0.744 2017 $16.99 $17.656 $0.356 2018 $14.90 $23.433 $0.964 2019 $13.42 $22.401 $5.157 2020 $9.75 $20.712 $1.351 2021 $12.55 $19.687 $2.019 2022 $5.22 $17.478 $1.713 2023 $1.83 $14.557 $7.334 *Revenue and net income in $billions Over the course of the last decade, Lumen’s revenue decreased by more than 19% while net income gained by over 761.81%. As the company battled through its dated infrastructure and a significant debt load — shares fell significantly from $39.70 in 2014 to $1.83 in 2023. However, Lumen has been able to better balance its books, with total assets and total liabilities nearly aligned in 2023 to the tune of $34.02 billion and $33.57 billion, respectively. As the 56-year-old tech company looks forward to the second half of the decade, 24/7 Wall Street has identified three key drivers that are likely to positively impact Lumen Technologies’ growth metrics and stock performance through 2030. Key Drivers of Lumen Technologies’ Stock Performance 1. Strategic Partnerships With Tech Giants: The aforementioned strategic partnerships with Microsoft, the second-largest publicly traded company by market cap at $3.096 trillion, and Corning with its $36.16 billion market cap, should position Lumen for increased revenues and earnings for the foreseeable future. The partnership, announced in early August 2024, will result in Lumen more than doubling its total intercity network miles in order to unlock the next phases and capabilities of AI for cloud data centers (like Microsoft’s), enterprises and public agencies. According to the company’s press release, Lumen expects the deal with Microsoft to improve its cash flow by more than $20 million over the next 12 months. 2. Debt Restructuring: In March 2024, the company announced it had successfully extended its debt maturities, closing an approximately $1 billion revolving credit line maturing in June 2028 and completing the private placement of $1.325 billion due in November 2029. These efforts should free up funds and allow the company to address capital expenditures that will enable it to address the demands of the previously discussed strategic partnerships with Microsoft and Corning. 3. Insider Activity: While insider trading is never an absolute indication of growth, following the money can suggest what company executives’ sentiment is. And over the past 12 months, Lumen Technologies’ insiders have been doing far more buying than they have been selling. In fact, inside buyers have purchased a total of 12,924,936 million shares versus insider sellers offloading just 2,913,990. Put differently, the leadership at Lumen has out out-purchased sellers by more than 343% over the past year. Lumen Technologies (LUMN) Price Prediction in 2025 According to analysts, the current consensus median one-year price target for Lumen Technologies is $4.00, which represents more than 60.51% downside potential over the next 12 months given the current price per share of $10.13. Of 12 analysts covering LUMN, nine rate the stock as a ‘Hold,’ with the consensus rating being 3.15 on a scale from 1 (‘Strong Buy’) to 5 (‘Strong Sell’). By the end of 2025, 24/7 Wall Street‘s forecast for shares of LUMN is higher at $6.30, which only represents a downside potential of -37.80%, based on an annualized EPS of -46 cents. Lumen Technologies (LUMN) Stock Forecast Through 2030 Year Revenue* EPS 2025 $12.407 -$0.46 cents 2026 $12.229 -$0.26 cents 2027 $12.369 $0.05 cents 2028 $12.473 $0.39 cents 2029 $12.862 $0.38 cents 2030 $13.070 $0.69 cents *Revenue in $billions How Lumen Technologies’ Next Five Years Could Play Out By the end of 2025, 24/7 Wall Street‘s forecast for shares of LUMN is higher at $6.30, which only represents a downside potential of -37.80%, based on an annualized EPS of -46 cents. However, beginning in 2027 and continuing through 2030, we expect LUMN to post positive EPS growing from 5 cents to 59 cents based on revenue growth from $12.369 billion in 2027 to $13.070 billion in 2030. Lumen Technologies’ Price Target for 2030 By the conclusion of 2030, 24/7 Wall Street estimates that Lumen Technologies stock will be trading for $7.40 per share. Year Price Target 2025 $6.30 2026 $6.20 2027 $6.50 2028 $6.70 2029 $7.10 2030 $7.40 The #1 Thing to Do Before You Claim Social Security (Sponsor) Choosing the right (or wrong) time to claim Social Security can dramatically change your retirement. So, before making one of the biggest decisions of your financial life, it’s a smart idea to get an extra set of eyes on your complete financial situation. A financial advisor can help you decide the right Social Security option for you and your family. Finding a qualified financial advisor doesn’t have to be hard. SmartAsset’s free tool matches you with up to three financial advisors who serve your area, and you can interview your advisor matches at no cost to decide which one is right for you. Click here to match with up to 3 financial pros who would be excited to help you optimize your Social Security outcomes. Have questions about retirement or personal finance? Email us at Retire@247wallst.com! By emailing your questions to 24/7 Wall St., you agree to have them published anonymously on 247wallst.com. By submitting your story, you understand and agree that we may use your story, or versions of it, in all media and platforms, including via third parties. The post Lumen Technologies (LUMN) Price Prediction and Forecast 2025-2030 appeared first on 24/7 Wall St.. |
https://247wallst.com |
2024-11-12 23:04:59 |
Czytaj oryginał (ang.) |
| Corning, maker of toughened Gorilla Glass for phones, faces EU antitrust probe |
On Wednesday, the European Union opened an investigation of U.S. manufacturer Corning over possible anti-competitive practices. Corning may not be a name that's super familiar to the average tech consumer, but you are almost certainly within touching distance of its products as its a leading supplier of speciality toughened glass for mobile devices, including Apple's iPhone. |
techcrunch.com |
2024-11-06 09:40:37 |
Czytaj oryginał (ang.) |
| Here's Why Corning (GLW) is a Strong Value Stock |
Whether you're a value, growth, or momentum investor, finding strong stocks becomes easier with the Zacks Style Scores, a top feature of the Zacks Premium research service. |
zacks.com |
2024-11-04 12:45:58 |
Czytaj oryginał (ang.) |
| GLW or ANET: Which Is the Better Value Stock Right Now? |
Investors looking for stocks in the Communication - Components sector might want to consider either Corning (GLW) or Arista Networks (ANET). But which of these two stocks is more attractive to value investors? |
zacks.com |
2024-11-01 14:45:27 |
Czytaj oryginał (ang.) |
| Corning's Comeback: From Forgotten Stock To AI Darling |
Corning Incorporated's price has rallied over the past year, since my last bullish take on the stock. GLW recently reported robust Q3 results, and is seeing strong momentum around AI and data center-fueled demand from leading telcos. Corning is also supported by a respectable dividend yield, a strong balance sheet, and it fits the profile of growth at a reasonable price. |
seekingalpha.com |
2024-11-01 10:00:00 |
Czytaj oryginał (ang.) |
| Corning Q3: The Period Of Growth Is Finally Here |
Corning reported strong Q3 results, beating on top and bottom lines. 8% revenue growth, 20% income expansion in Q3 and a projected sales growth of 15% and income increase of 40% in Q4 mean Corning enters a period of substantial growth. GLW remains a solid long-term investment. |
seekingalpha.com |
2024-10-31 13:39:47 |
Czytaj oryginał (ang.) |
| Corning (GLW) is a Top-Ranked Momentum Stock: Should You Buy? |
Whether you're a value, growth, or momentum investor, finding strong stocks becomes easier with the Zacks Style Scores, a top feature of the Zacks Premium research service. |
zacks.com |
2024-10-30 12:56:24 |
Czytaj oryginał (ang.) |
| Corning Q3 2024 Earnings Review: EPS And Revenue Beat, Guidance Increased |
Corning's strong Q3 performance and bullish outlook suggest GLW stock may trade higher, attracting long-term investors. Corning's Optical Communications unit benefits from new optical-connectivity products for generative AI, with potential growth from agreements with AT&T and Lumen Technologies. Corning expects operating margins to top 20% by 2026, driven by strong gross margins, cash flow, and technical capabilities. |
seekingalpha.com |
2024-10-29 21:11:59 |
Czytaj oryginał (ang.) |