GLW

Corning Incorporated

Basic Materials · Drawing & Insulating Of Nonferrous Wire
$162.40+2.62% today
AI Take · AlgoThesis

Corning's staggering 85x P/E ratio stands out dramatically against its modest 50.6 RSI, suggesting the market is pricing in substantial future growth despite the stock trading 24% below its 52-week high. This valuation disconnect implies either aggressive earnings acceleration expectations or potential mean-reversion risk if growth disappoints. The low 2.07% short interest offers minimal squeeze catalyst, while the neutral momentum reading suggests neither overbought nor oversold conditions. For a $147B materials company, this valuation premium warrants scrutiny—the risk/reward heavily depends on whether Corning can deliver the earnings growth the multiple demands.

Snapshot

Market cap
$147.1B
P/E
85.2
Forward P/E
50.2
EPS (TTM)
$1.84
Dividend yield
0.68%
Net margin
10.2%
ROE
14.1%
RSI (14)
51
Beta
1.91
Short % of float
2.1%
Days to cover
1.3
52w high
No

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GLW — Corning Incorporated · 2.1% short · P/E 85.2 · AlgoThesis