GLW
Corning Incorporated Technology - Electronic Components Investor Relations →
Corning Incorporated (GLW) closed at $122.16 as of 2026-02-02, trading 188.5% above its 200-week moving average of $42.34. The stock moved further from the line this week, up from 146.5% last week. With a 14-week RSI of 75, GLW is in overbought territory.
Over the past 2253 weeks of data, GLW has crossed below its 200-week moving average 25 times. On average, these episodes lasted 24 weeks. Historically, investors who bought GLW at the start of these episodes saw an average one-year return of +15.5%.
With a market cap of $104.7 billion, GLW is a large-cap stock. The company generates a free cash flow yield of 0.7%. Return on equity stands at 14.9%. The stock trades at 8.8x book value.
Share count has increased 2.9% over three years, indicating dilution.
Over the past 33.2 years, a hypothetical investment of $100 in GLW would have grown to $2121, compared to $2849 for the S&P 500. GLW has returned 9.6% annualized vs 10.6% for the index, underperforming the broader market over this period.
Free cash flow has been declining at a -18.1% compound annual rate. A deteriorating cash flow trend warrants extra scrutiny — the stock may be cheap for a reason.
Growth of $100: GLW vs S&P 500
Monthly data normalized to $100 at start. Vertical dashed lines mark 200-week MA touches.
What Happens After GLW Crosses Below the Line?
Across 22 historical episodes, buying GLW when it crossed below its 200-week moving average produced an average return of +18.2% after 12 months (median +21.0%), compared to +16.3% for the S&P 500 over the same periods. 73% of those episodes were profitable after one year. After 24 months, the average return was +66.0% vs +36.0% for the index.
Each line shows $100 invested at the moment GLW crossed below its 200-week MA. Bold blue = stock average. Gray dashed = S&P 500 average over same periods.
Historical Touches
GLW has crossed below its 200-week MA 25 times with an average 1-year return of +15.5% after recovery.
| Crossed Below | Recovered | Weeks | Max Depth | 1-Year Return | Return Since Touch |
|---|---|---|---|---|---|
| Feb 1984 | Mar 1984 | 1 | 1.2% | +31.4% | +12529.3% |
| Oct 1987 | Jan 1988 | 13 | 6.0% | +43.0% | +7021.2% |
| May 1988 | May 1988 | 3 | 2.5% | +35.5% | +6706.6% |
| Oct 1993 | Jan 1994 | 13 | 16.2% | +18.9% | +2621.4% |
| Aug 1994 | Sep 1994 | 7 | 4.6% | +4.0% | +2313.6% |
| Nov 1994 | Mar 1995 | 16 | 8.7% | -8.9% | +2290.9% |
| May 1995 | Jun 1995 | 3 | 2.3% | +26.1% | +2198.0% |
| Jul 1995 | Jan 1996 | 28 | 18.6% | +17.8% | +2167.0% |
| Jul 1998 | Oct 1998 | 14 | 27.8% | +116.1% | +1610.3% |
| Feb 2001 | Oct 2004 | 191 | 95.8% | -75.7% | +573.5% |
| Jul 2008 | Aug 2008 | 5 | 2.2% | -26.0% | +807.4% |
| Aug 2008 | Jan 2010 | 71 | 61.4% | -21.3% | +795.9% |
| Jan 2010 | Mar 2010 | 8 | 8.8% | +5.4% | +869.6% |
| May 2010 | Oct 2010 | 23 | 14.6% | +17.0% | +923.0% |
| Oct 2010 | Nov 2010 | 5 | 4.0% | -15.3% | +875.7% |
| Jun 2011 | May 2013 | 100 | 29.6% | -25.5% | +894.5% |
| Jun 2013 | Jul 2013 | 6 | 6.1% | +45.4% | +1030.9% |
| Aug 2013 | Oct 2013 | 11 | 7.6% | +35.2% | +1018.2% |
| Jan 2020 | Feb 2020 | 1 | 2.7% | +38.6% | +441.7% |
| Feb 2020 | Jul 2020 | 20 | 34.7% | +65.3% | +506.0% |
| Jun 2022 | Jul 2022 | 3 | 0.2% | +16.2% | +323.1% |
| Sep 2022 | Oct 2022 | 4 | 9.2% | +6.5% | +341.5% |
| Dec 2022 | Jan 2023 | 2 | 0.7% | -1.4% | +318.1% |
| May 2023 | Jun 2023 | 5 | 3.8% | +11.0% | +318.3% |
| Aug 2023 | Apr 2024 | 37 | 17.8% | +29.4% | +305.9% |
| Average | 24 | — | +15.5% | — |
Not financial advice. This is an educational tool. Past performance does not guarantee future results. Do your own research before making investment decisions.
Data as of Friday close, 2026-02-02