GLW // Corning Incorporated

DES <GO> NYSE CIK 0000024741 ↗

Industrials • Telecommunications Equipment

$128.88 ▼ -2.32 (-1.77%)

MKT CAP: $111.02B • VOL: 8.22M

52W L $77 52W H $272

ALTMAN Z

5.19 SAFE

PIOTROSKI

9 / 9

GLW // ROARABLE RATING & 5-PILLAR RQD CONFIDENCE 02:00 EST DETERMINISTIC ENGINE

PRIOR: RQD 64/100 [C] (+0 PT) • UNCHANGED AS OF 2026-11-01

ROARABLE C

RQD CONFIDENCE

64 / 100 +0D

5 X 20-PT QUANT PILLARS

E 0 D 35 C 59 B 70 A 86+

Roarable Hold — Fair / Balanced Risk-Reward

01 MASSIVE / SEC XBRL

Forensic Fundamentals

13 / 20

SOLID

FCF +47.7% vs NI +200% • ROIC-WACC +1.8% • Z 5.19

02 OPRA GEX + SEC 13F

Whale & Options Flow

[LOCKED] FLAGGED

UNLOCK BELOW TO REVEAL

03 SEC FORM 4 (90D)

Insider Conviction

[LOCKED] FLAGGED

UNLOCK BELOW TO REVEAL

04 FRED 90D r-MATRIX

Macro Regime Fit

13 / 20

SOLID

TAILWIND • r(10Y)=+0.00 (+23bp) • r(OAS)=+0.00

05 10-K REDLINE AUDIT

Forensic 10-K Risk

16 / 20

STRONG

20 BASE - 4 DEDUCT • 0 CRIT / 0 MED • STABLE

ALERT

Why did GLW's Whale & Options Flow & Insider Conviction sub-score just flash a warning? Enter your email to unlock the full 5-Pillar Rating Breakdown + get instant alerts whenever GLW is Upgraded or Downgraded.

SIG <GO> CROSS-FEED TRIANGULATION // PROPRIETARY ANOMALY ENGINE (1 ACTIVE ON GLW)

STAGE 2 DETERMINISTIC Z-SCORE + STAGE 3 GEEK DESK BRIEF ALL MARKET ANOMALIES <SIG>

▼ BEARISH // F-RATED EARNINGS MIRAGE // ACCRUAL WATCHSIFTER 02 // ACCRUAL & RECEIVABLES FORENSICS

SEVERITY: 85/100 Z-SCORE: +2.67σ

GLW Accounting Gap: Net Income (+215.4%) Outpaced OCF (+39%) With +-0.1% Working-Capital Build

CASH CONVERSION GAP

+176.4% (NI vs OCF)

RECEIVABLES / WC BLOAT

-0.1% VS REV

60D C-SUITE FORM 4 SALES

0 OPEN-MKT DUMPS

[GEEK DESK FORENSIC NOTE // SEC XBRL × FORM 4 CROSS-CHECK]

SEC EDGAR XBRL CompanyFacts10-K/10-Q Working Capital ScheduleSEC Form 4 Executive Sales

SEC EDGAR XBRL triangulation on Corning Incorporated (GLW) exposes a +176.4% Cash Conversion Gap as YoY Net Income growth (+215.4%) diverged from Operating Cash Flow growth (+39.0%). Non-cash current assets and receivables expanded -0.1% relative to top-line revenue growth. Monitor upcoming 10-Q cash realization closely for accrual mean-reversion.

GLW // CANDLESTICK & AUTO-TRENDLINE WORKSTATION6M: -24.92%🛡️ HOLDING TREND SUPPORT

2026-10-30O $121.5H $126.7L $120.5C $123.3VOL 13.13M

RES: $167.4SUP: $121.1SMA50: $147.9SMA200: $155.7

GLW // INSTITUTIONAL BULL VS. BEAR FORENSIC DEBATE

UNDERWEIGHT CONVICTION: 43/100

BEAR 0

100 BULL

Corning Incorporated (GLW) exhibits 36.0% gross margins and 9.9% return on invested capital within Industrials (Telecommunications Equipment), balanced against a 40.8x enterprise multiple and 7.0% implied options volatility.

▲ INSTITUTIONAL BULL THESIS (LONG)

01. Operating Leverage & Capital Efficiency Moat

Sustained 36.0% gross profitability converts into 14.6% operating margin and 9.9% ROIC, outpacing sector cost of capital.

ROIC: 9.9% // GM: 36.0%

02. Top-Line Expansion & Cash Conversion

YoY revenue trajectory of +19.1% paired with 1.79% free cash flow yield supports self-funded R&D and capital return.

REV YOY: +19.1% // FCF YLD: 1.79%

03. Balance Sheet Solvency & Forensic Quality

Altman Z-Score of 5.19 and Piotroski F-Score of 9/9 indicate low near-term refinancing stress.

ALTMAN Z: 5.19 // F-SCORE: 9/9

▼ INSTITUTIONAL BEAR THESIS (SHORT / RISK)

01. Multiple Compression & Duration Sensitivity

Trading at 69.6x trailing P/E (58.5x Fwd P/E) leaves valuation vulnerable if real 10Y TIPS yields spike.

P/E: 69.6x // EV/EBITDA: 40.8x

02. Options Skew & Event Volatility Risk

Options market prices a ±7.0% implied move with a 0.98 put/call ratio around $126.00 max pain.

IMPL MOVE: ±7.0% // P/C: 0.98

03. Competitive Margin & CapEx Cycle Pressure

Elevated industry capital intensity and customer concentration in Telecommunications Equipment require continuous execution to defend 10.2% net margins.

NET MARGIN: 10.2% // D/E: 0.66x

KEY CATALYST // Upcoming 10-Q/10-K XBRL margin progression, guidance revision vs 58.5x forward consensus, and institutional 13F positioning.

MACRO REGIME // Monitor US 10Y Real Yields (DFII10) and High-Yield Credit Spreads (OAS) for beta-adjusted multiple impact (Beta 1.02).

FORM 4 & 13F FLOW OPEN OWN <GO>

FILER	SIDE	$ VALUE
INSPECT FULL OWNERSHIP LEDGER IN OWN <GO>

UNUSUAL OPTIONS TAPE OPEN OPT <GO>

STRIKE / EXP	TYPE	PREMIUM
INSPECT GEX & CHAIN IN OPT <GO>

KEY VALUATION & PROFITABILITY RATIOS XBRL FA <GO>

TRAILING P/E 69.6x

FORWARD P/E 58.5x

EV / EBITDA 40.8x

FCF YIELD 1.79%

GROSS MARGIN 36.0%

OPERATING MARGIN 14.6%

NET MARGIN 10.2%

ROIC % 9.9%

REV GROWTH YOY +19.1%

DILUTED EPS TTM $1.85

DEBT / EQUITY 0.66x

DIVIDEND YIELD 0.00%

RSI-14 MOMENTUM 35.9

5Y EQUITY BETA 1.02

FRED MACRO SENSITIVITY (PEARSON r) ECST <GO>

MACRO CORRELATION CALIBRATION ACTIVE BELOW.

FRED MACRO REGIME STRESS-TEST SIMULATOR // GLWPEARSON R VARIANCE ENGINE

01 // SELECT FEDERAL RESERVE & CREDIT SHOCK SCENARIO

02 // POSITION NOTIONAL EXPOSURE

HEADLINE STRESS SCORE

75/100SEVERE DRAWDOWN PRESSURE

PRIMARY FACTOR EXPOSURE

DFII10 // -0.61 r

Latest: 2.08%

EST. DIRECTIONAL MOVE

-8.50%

Implied Px: $117.93

EST. DOLLAR VARIANCE

-$4,248

On $50,000 Notional

[LOCKED // MULTI-FACTOR DRAWDOWN HEDGE & MACRO TRIGGER ALERT]

Unblur the exact $50,000 delta-adjusted ETF/options hedge ratio for GLW & activate live FRED threshold breach alerts.

HEAD-TO-HEAD PEER COMPARISONS COMP <GO>

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