Corning (GLW) reported strong quarterly results led by Optical Communications and announced multiyear fiber agreements with Amazon and NVIDIA, alongside new deals with AT&T and Meta. It also declared a quarterly dividend of US$0.28 per share, payable December 11, 2026. The article says these wins support its optical demand assumptions, while key risks include equity dilution from a US$2.0b at-the-market program and heavy capital needs. The article's narrative projects US$29.4 billion revenue and US$5.7 billion earnings by 2029, implying 20.1% annual revenue growth and a US$189.94 fair value, about 35% above the current price. Before this news, the most optimistic analysts had assumed US$33.0 billion revenue and US$7.0 billion earnings by 2029.
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