Corning Inc

GLW remains in a Stage 4 decline with sustained lower highs and lower lows, a bearish medium-term bias, and short-term timing favorable for execution now; sell into rallies toward the 9 and 21 EMAs and prior support turned resistance.

• ↑Q1 2026 revenue $4.35B (+18% YoY) and EPS $0.70 (+30%), beating expectations.
• ↑Optical communications sales $1.8B (+36% YoY) backed by multi-year hyperscaler contracts.
• ↓Shares trade at ~93x P/E, questioning value versus growth prospects.