CorningGLW
Market Cap: $34.7B
About: Corning is a leader in materials science, specializing in the production of glass, ceramics, and optical fiber. The firm supplies its products for a wide range of applications, from flat-panel displays in televisions to gasoline particulate filters in automobiles to optical fiber for broadband access, with a leading share in many of its end markets.
Employees: 49,800
Fund manager confidence
Based on 2024 Q2 SEC filings by fund managers ($100M+ AUM)
186% more funds holding in top 10
Funds holding in top 10: 7 [Q1] → 20 (+13) [Q2]
112% more call options, than puts
Call options by funds: $435M | Put options by funds: $205M
87% more first-time investments, than exits
New positions opened: 166 | Existing positions closed: 89
18% more capital invested
Capital invested by funds: $20.5B [Q1] → $24.2B (+$3.76B) [Q2]
7% more funds holding
Funds holding: 1,167 [Q1] → 1,244 (+77) [Q2]
0.03% more ownership
Funds ownership: 72.77% [Q1] → 72.8% (+0.03%) [Q2]
2% less repeat investments, than reductions
Existing positions increased: 431 | Existing positions reduced: 442
Research analyst outlook
20 Wall Street Analysts provided 1 year price targets over the past 3 months
20 analyst ratings
Mizuho John Roberts 67% 1-year accuracy 18 / 27 met price target | 16%upside $47 | Outperform Upgraded | 21 Aug 2024 |
Barclays Tim Long 65% 1-year accuracy 26 / 40 met price target | 2%downside $40 | Equal-Weight Maintained | 31 Jul 2024 |
Oppenheimer Martin Yang 76% 1-year accuracy 19 / 25 met price target | 16%upside $47 | Outperform Reiterated | 31 Jul 2024 |
Susquehanna Mehdi Hosseini 36% 1-year accuracy 14 / 39 met price target | 13%upside $46 | Positive Maintained | 31 Jul 2024 |
B of A Securities Wamsi Mohan 54% 1-year accuracy 19 / 35 met price target | 13%upside $46 | Buy Maintained | 31 Jul 2024 |
Financial journalist opinion
Based on 11 articles about GLW published over the past 30 days