Corning presented fiber optics and high-density connectivity for AI data center infrastructure at the OCP Global Summit 2026, backed by long-duration supply agreements with Amazon, NVIDIA, Meta and Verizon. Analyst consensus expects revenue to grow 20.1% a year over the next three years, with profit margin rising from 11.2% to 19.3% by around 2029 and earnings from about US$1.9b to US$5.7b. The 2029 revenue target is US$29.4b, with a projected P/E of 37.9x versus about 72.0x today. The current price is US$158.71 and the consensus target is US$189.94, implying 16.4% upside, within a target range of US$129.00 to US$238.00. The article highlights the October 27 earnings release and execution risks, equity dilution and the solar business.
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