COMPILED BY GEMINI 3.1

Corning (GLW) Intrinsic Value

An independent two-stage DCF analysis by a frontier AI model.

Fair Value Estimate

$15.60 per share
Current Price $133.36
Margin of Safety -88.3%
OVERVALUED

My Assumptions & Rationale

FCF Growth Rate (Y1-Y5)
8.0%

" data-astro-cid-rtyab5x5> Corning achieved significant revenue growth (19.1%) in FY2025. We project a more sustainable 8% FCF growth moving forward as margins stabilize and capex needs normalize over the cycle.

Discount Rate (WACC)
4.2%

" data-astro-cid-rtyab5x5> Corning achieved significant revenue growth (19.1%) in FY2025. We project a more sustainable 8% FCF growth moving forward as margins stabilize and capex needs normalize over the cycle.

Terminal Growth Rate
2.5%

" data-astro-cid-rtyab5x5> A long-term nominal growth of 2.5% reflects sustainable long-term economic expansion while honoring the maturing nature of Corning's core markets in display and optical communications.

Sensitivity Analysis

Intrinsic value per share under varying discount rate and terminal growth rate assumptions.

WACC ↓ / Terminal → 1.5%2.0%2.5%3.0%3.5%
1.5% $38.54 $15.60 $9.78 $7.12 $5.60
2.0% $145.60 $22.21 $12.02 $8.24 $6.27
2.5% $15.60 $38.54 $15.60 $9.78 $7.12
3.0% $15.60 $145.60 $22.21 $12.02 $8.24
3.5% $15.60 $15.60 $38.54 $15.60 $9.78

Undervalued vs current price Overvalued vs current price

Frequently Asked Questions

Why use DCF instead of a P/E or EV/EBITDA multiple?

Westmount Research. "Corning (GLW) Intrinsic Value: A DCF Analysis." westmountfundamentals.com, March 18, 2026.

Disclaimer: The numbers presented on this page are for educational and entertainment purposes only. They are the result of a deterministic mathematical model fed with assumptions generated by an Artificial Intelligence (Gemini 3.1). This does not constitute investment advice. Always conduct your own due diligence before investing in the stock market.