What is Corning Inc worth?
With the base-case assumptions below, a discounted cash flow model on Corning Inc's reported free cash flow gives $26.97 per share. The share price was $113.09 on November 10, 2026, 319% above that value.
Inputs from the filings
Three sets of assumptions
| Case | Growth yrs 1-5 | Discount rate | Value per share | Value vs price |
|---|---|---|---|---|
| Bear | 1.5% | 10.0% | $14.82 | -87% |
| Base | 6.5% | 9.0% | $26.97 | -76% |
| Bull | 11.5% | 8.0% | $51.18 | -55% |
Sensitivity: base case value per share
| 1.5% | 2.0% | 2.5% | 3.0% | 3.5% | |
|---|---|---|---|---|---|
| 7.0% | $35.94 | $38.68 | $42.03 | $46.21 | $51.59 |
| 8.0% | $29.24 | $31.02 | $33.12 | $35.64 | $38.72 |
| 9.0% | $24.35 | $25.56 | $26.97 | $28.60 | $30.53 |
| 10.0% | $20.62 | $21.49 | $22.47 | $23.58 | $24.87 |
| 11.0% | $17.69 | $18.32 | $19.03 | $19.83 | $20.73 |
Where the presets come from
Base: years 1 to 5 grow at Corning Inc's revenue growth rate over the last 5 fiscal years (6.7% a year), held between -5% and 15%. Years 6 to 10 grow halfway between that and the long-run rate of 2.5%. Future cash is discounted at 9% a year.
Bear: 5 points less growth, 2% long-run growth, 10% discount rate. Bull: 5 points more growth (at most 25%), 3% long-run growth, 8% discount rate.
Value per share = (present value of 10 years of free cash flow + present value of everything after + cash - debt) / diluted shares.
This is a model run on assumptions, not a recommendation or a price target. Small changes in the discount rate or growth move the result a lot, as the table above shows. Change them yourself in the calculator.
Adjust the assumptions
Move the sliders for growth, long-run growth and discount rate, or switch to average free cash flow, and see the value per share change.
Adjust the assumptions