Corning Incorporated

GLW

Bullish$169.61+2.20%5D · 2026-09-15

SettledOpen GLW

Predicted move

+2.20%

Target $169.61

Actual move at settlement

-13.49%

Confirmed close $143.57

Both measured from $165.96 on 2026-09-08 · Target close 2026-09-15

Direction missed

Actual -13.49%Move error 15.69 pp0 / 100 points

How this is scored

Direction correct: 50 points. Move error of up to 0.5 / 1 / 2 / 3 / 5 percentage points earns 50 / 45 / 35 / 25 / 10 magnitude points; larger errors earn 0. A wrong direction can still earn magnitude points. A flat close matches neither direction. Points are not returns.

Thesis

GLW closed 2026-09-08 at $165.96 (+7.56%) after Verizon's official multi-billion supply agreement for 80+ million miles of high-density optical fiber/connectivity from 2027-2032 (broadband + AI long-haul). Optical peers confirmed the tape (LITE ~+11%, COHR ~+7%). ATR14 ~$7.0 (~4.2%). Near-term risk is digestion ahead of Thursday CPI and the fact revenue ramps are multi-year with undisclosed dollar terms, but a confirmed customer contract plus sector confirmation supports a mild multi-session re-rating. Point +2.2% over 5D; invalidation on a close back below the $158.84 session low / loss of the post-deal base.

Chart

Full chart

Reference chart may include later prices. Settlement uses the confirmed target-date close above.

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