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 Q3 regulatory filings by fund managers ($100M+ AUM)
119% more first-time investments, than exits
New positions opened: 175 | Existing positions closed: 80
105% more call options, than puts
Call options by funds: $566M | Put options by funds: $276M
25% more funds holding in top 10
Funds holding in top 10: 20 [Q2] → 25 (+5) [Q3]
9% more capital invested
Capital invested by funds: $25.6B [Q2] → $27.8B (+$2.18B) [Q3]
6% more funds holding
Funds holding: 1,257 [Q2] → 1,336 (+79) [Q3]
4.9% less ownership
Funds ownership: 77.07% [Q2] → 72.18% (-4.9%) [Q3]
13% less repeat investments, than reductions
Existing positions increased: 438 | Existing positions reduced: 503
Research analyst outlook
4 Wall Street Analysts provided 1 year price targets over the past 3 months
4 analyst ratings
HSBC Stephen Bersey 80% 1-year accuracy 12 / 15 met price target | 13%upside $60 | Buy Upgraded | 30 Jan 2025 |
Barclays Tim Long 59% 1-year accuracy 32 / 54 met price target | 2%downside $52 | Equal-Weight Maintained | 29 Jan 2025 |
Citigroup Asiya Merchant 43% 1-year accuracy 13 / 30 met price target | 10%upside $58 | Buy Maintained | 21 Jan 2025 |
Morgan Stanley Meta Marshall 73% 1-year accuracy 19 / 26 met price target | 9%downside $48 | Equal-Weight Maintained | 17 Dec 2024 |
Financial journalist opinion
Based on 24 articles about GLW published over the past 30 days









