Corning Expects To Report $20B Annualized Sale Run Rate By 2026 End, To Hold Investor Event For Upgrade, Extension Of Its Springboard Plan

Corning Inc

GLW

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Corning Incorporated (NYSE:GLW) will hold an investor event at the New York Stock Exchange today to upgrade and extend its Springboard plan, driven by growth across its Market-Access Platforms (MAP).

The company expects to reach its target of a $20 billion annualized sales run rate by the end of 2026, delivering a 15% sales CAGR from Q4 2023 to Q4 2026. Entering 2027, Corning will begin a new phase of accelerating growth, and the company expects a significantly higher sales CAGR of 19% from Q4 2026 to Q4 2030.

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