Corning
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: 56,300
0
Funds holding %
of 7,407 funds
0
Analysts bullish %
of 5 analysts
Fund manager confidence
Based on 2024 Q4 regulatory disclosures by fund managers ($100M+ AUM)
172% more call options, than puts
Call options by funds: $625M | Put options by funds: $230M
165% more first-time investments, than exits
New positions opened: 204 | Existing positions closed: 77
32% more funds holding in top 10
Funds holding in top 10: 25 [Q3] → 33 (+8) [Q4]
9% more capital invested
Capital invested by funds: $27.1B [Q3] → $29.6B (+$2.5B) [Q4]
8% more funds holding
Funds holding: 1,339 [Q3] → 1,444 (+105) [Q4]
1.46% more ownership
Funds ownership: 70.24% [Q3] → 71.7% (+1.46%) [Q4]
10% less repeat investments, than reductions
Existing positions increased: 475 | Existing positions reduced: 528
Research analyst outlook
5 Wall Street Analysts provided 1 year price targets over the past 3 months
Low target
$50
20%
upside
Avg. target
$56
35%
upside
High target
$68
64%
upside
5 analyst ratings
4 positive
80%
1 neutral
20%
0 negative
0%
JP Morgan Samik Chatterjee 43% 1-year accuracy 32 / 74 met price target | 20%upside $50 | Overweight Maintained | 17 Apr 2025 |
Citigroup Asiya Merchant 8% 1-year accuracy 3 / 39 met price target | 20%upside $50 | Buy Maintained | 14 Apr 2025 |
B of A Securities Wamsi Mohan 51% 1-year accuracy 43 / 84 met price target | 64%upside $68 | Buy Maintained | 19 Mar 2025 |
HSBC Stephen Bersey 78% 1-year accuracy 7 / 9 met price target | 45%upside $60 | Buy Upgraded | 30 Jan 2025 |
Barclays Tim Long 54% 1-year accuracy 30 / 56 met price target | 25%upside $52 | Equal-Weight Maintained | 29 Jan 2025 |
Financial journalist opinion
Based on 11 articles about GLW published over the past 30 days
Positive
Zacks Investment Research
5 days ago
Why Corning (GLW) is a Top Value Stock for the Long-Term
Whether you're a value, growth, or momentum investor, finding strong stocks becomes easier with the Zacks Style Scores, a top feature of the Zacks Premium research service.
Positive
Seeking Alpha
6 days ago
Corning: A Materials Giant Playing The Long Game
Corning's diversified business model spans optical communications, display technologies, specialty materials, environmental technologies, and life sciences, driving balanced growth and strong financial performance. The "Springboard" strategic plan aims to accelerate revenue and achieve a 20% operating margin, with significant contributions from optics and specialty materials. Corning's financial health is robust, with controlled costs, strong EBITDA, and a moderate debt burden, supporting ongoing investments and shareholder returns.
Neutral
Zacks Investment Research
1 week ago
Here's Why Corning (GLW) is Poised for a Turnaround After Losing -12% in 4 Weeks
Corning (GLW) is technically in oversold territory now, so the heavy selling pressure might have exhausted. This along with strong agreement among Wall Street analysts in raising earnings estimates could lead to a trend reversal for the stock.
Positive
Zacks Investment Research
1 week ago
5 High ROE Stocks to Buy as Markets Face Tariff Bloodbath
ANET, GLW, JAZZ, AES and PPC are some of the stocks with high ROE to profit from as markets recoiled on tariff war.
Negative
The Motley Fool
2 weeks ago
Billionaire David Tepper Just Sold Out of Adobe and Bought This Artificial Intelligence Value Stock Instead
In turbulent times like these, it's always interesting to see what some of today's top investors are doing with their portfolios.
Positive
Zacks Investment Research
2 weeks ago
Will Corning (GLW) Beat Estimates Again in Its Next Earnings Report?
Corning (GLW) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.
Neutral
Business Wire
2 weeks ago
Airspan Completes Acquisition of Corning's Wireless Business
BOCA RATON, Fla.--(BUSINESS WIRE)-- #5G--Airspan Networks Holdings LLC ("Airspan"), a leading global provider of wireless network solutions, today announced the successful completion of its acquisition of Corning Incorporated's (NYSE:GLW) wireless business. With the acquisition now finalized, Airspan assumes full ownership and operational control of Corning's wireless assets, including its 6000 and 6200 distributed antenna systems (DAS) and its SpiderCloud 4G and 5G small cell radio access network (R.
Neutral
Zacks Investment Research
3 weeks ago
GLW Unveils AI Data Center Infrastructure Solutions: Stock to Gain?
Corning's advanced GlassWorks AI solution is set to support growing fiber densification requirements in data centers and generative AI use cases.
Positive
Zacks Investment Research
3 weeks ago
Will GLW Stock Gain From the Launch of Corning Gorilla Glass Ceramic?
GLW's Corning Gorilla Glass Ceramic has added a new dimension to the toughness quotient of mobile devices.
Neutral
Business Wire
3 weeks ago
Corning Launches GlassWorks AI™ Solutions, a One-Stop Shop for AI Data Center Infrastructure Needs
CORNING, N.Y.--(BUSINESS WIRE)--Corning Incorporated (NYSE:GLW) today launched Corning GlassWorks AI™ solutions, a “one-stop shop” of customized data center products and services to help operators build the dense fiber infrastructure required for generative AI. The end-to-end portfolio provides industry-leading cable and connectivity solutions along with best-in-class network planning, design, and deployment support. Operators face challenges of scale and density in meeting the infrastructure r.
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