Corning (GLW)

• Market cap: $38B
• 1 day: -0.18%
• 5 days: 3.69%
• 1 month: -3.06%
• 3 months: -11.22%
• 6 months: -7.62%
• Year to date: -4.99%
• 1 year: 32.95%
• 5 years: 101.64%
• 10 years: 112.04%
• Sector: Technology
• Industry: Electronic Components

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

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

166% more first-time investments, than exits

New positions opened: 205 | 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 (+$2.51B) [Q4]

8% more funds holding

Funds holding: 1,339 [Q3] → 1,446 (+107) [Q4]

1.49% more ownership

Funds ownership: 70.24% [Q3] → 71.73% (+1.49%) [Q4]

10% less repeat investments, than reductions

Existing positions increased: 475 | Existing positions reduced: 529

Research analyst outlook

4 Wall Street Analysts provided 1 year price targets over the past 3 months

• Low target: $50 13% upside
• Avg. target: $56 26% upside
• High target: $68 53% upside

4 analyst ratings

• positive: 4 100%
• neutral: 0 0%
• negative: 0 0%

Oppenheimer Martin Yang 51% 1-year accuracy 18 / 35 met price target	24% upside $55	Outperform Maintained	30 Apr 2025
JP Morgan Samik Chatterjee 51% 1-year accuracy 38 / 75 met price target	13% upside $50	Overweight Maintained	17 Apr 2025
Citigroup Asiya Merchant 30% 1-year accuracy 12 / 40 met price target	13% upside $50	Buy Maintained	14 Apr 2025
B of A Securities Wamsi Mohan 57% 1-year accuracy 47 / 83 met price target	53% upside $68	Buy Maintained	19 Mar 2025