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: 49,800
Fund manager confidence
Based on 2024 Q2 SEC filings by fund managers ($100M+ AUM)
150% more funds holding in top 10
Funds holding in top 10: 8 [Q1] → 20 (+12) [Q2]
112% more call options, than puts
Call options by funds: $435M | Put options by funds: $206M
95% more first-time investments, than exits
New positions opened: 168 | Existing positions closed: 86
18% more capital invested
Capital invested by funds: $20.5B [Q1] → $24.2B (+$3.75B) [Q2]
7% more funds holding
Funds holding: 1,171 [Q1] → 1,253 (+82) [Q2]
0.01% less ownership
Funds ownership: 72.84% [Q1] → 72.83% (-0.01%) [Q2]
3% less repeat investments, than reductions
Existing positions increased: 433 | Existing positions reduced: 445
Research analyst outlook
13 Wall Street Analysts provided 1 year price targets over the past 3 months
13 analyst ratings
Deutsche Bank Matthew Niknam 50% 1-year accuracy 5 / 10 met price target | 6%upside $49 | Buy Maintained | 9 Oct 2024 |
Oppenheimer Martin Yang 79% 1-year accuracy 15 / 19 met price target | 11%upside $51 | Outperform Maintained | 20 Sept 2024 |
B of A Securities Wamsi Mohan 55% 1-year accuracy 21 / 38 met price target | 11%upside $51 | Buy Maintained | 20 Sept 2024 |
Susquehanna Mehdi Hosseini 63% 1-year accuracy 17 / 27 met price target | 20%upside $55 | Positive Maintained | 20 Sept 2024 |
Mizuho John Roberts 70% 1-year accuracy 19 / 27 met price target | 2%upside $47 | Outperform Upgraded | 21 Aug 2024 |
Financial journalist opinion
Based on 13 articles about GLW published over the past 30 days