Corning Incorporated (NYSE:GLW) is included among the 15 Dividend Stocks that Outperform the S&P 500.
On November 21, UBS raised its price target on Corning Incorporated to $109 from $100 while maintaining a Neutral rating.
In the third quarter of 2025, Corning Incorporated reported core revenue of $4.27 billion, surpassing management’s forecast of $4.2 billion and marking 14% growth from the same period last year, an acceleration from the 12% growth reported in the second quarter.
This strong performance was largely driven by Corning Incorporated’s optical communications segment, which posted $1.65 billion in revenue, up 33% YoY. Enterprise optical communications revenue surged 58%, fueled by robust AI-related demand. The segment also delivered $295 million in net income, a 69% increase, benefiting from higher prices that boosted profit margins. Optical communications accounted for more than half of the company’s total core profit of $585 million, underscoring the growing importance of AI to the company’s business.
Corning Incorporated develops and manufactures specialty materials grounded in glass, ceramic, and optical physics.
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