Corning Inc. has announced a significant $6 billion multiyear agreement with Meta Platforms to supply optical materials for data centers, leading to a substantial 7.61% surge in its stock price. This deal, coupled with strong Q4 2025 financials and an upgraded “Springboard Plan” targeting $11 billion in incremental sales by 2028, has prompted analysts to raise price targets and maintain “Buy” ratings. The company exhibits robust financial health with strong margins, effective debt management, and a bullish technical outlook, reinforcing positive investor sentiment for its future growth.
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Corning Inc. Strikes $6B Deal with Meta, Shares Surge
Corning Inc. has announced a significant $6 billion multiyear agreement with Meta Platforms to supply optical materials for data centers, leading to a substantial 7.61% surge in its stock price. This deal, coupled with strong Q4 2025 financials and an upgraded “Springboard Plan” targeting $11 billion in incremental sales by 2028, has prompted analysts to raise price targets and maintain “Buy” ratings. The company exhibits robust financial health with strong margins, effective debt management, and a bullish technical outlook, reinforcing positive investor sentiment for its future growth.