52.97 USD
-0.68
1.27%
At close Feb 7, 4:00 PM EST
After hours
52.81
-0.16
0.30%
1 day
-1.27%
5 days
3.76%
1 month
10.70%
3 months
9.85%
6 months
39.95%
Year to date
13.40%
1 year
66.62%
5 years
91.37%
10 years
118.52%
 

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

0
Funds holding %
of 6,831 funds
0
Analysts bullish %
of 4 analysts

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

Low target
$48
9%
downside
Avg. target
$55
3%
upside
High target
$60
13%
upside

4 analyst ratings

positive
50%
neutral
50%
negative
0%
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

Positive
Zacks Investment Research
1 day ago
Here's Why Corning (GLW) is a Strong Momentum Stock
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.
Here's Why Corning (GLW) is a Strong Momentum Stock
Positive
Seeking Alpha
2 days ago
Corning Q4: Accelerating Growth Supports Buy Rating
Corning's Q4 2024 results exceeded expectations in revenue and EPS, with optimistic guidance for Q1 2025, reinforcing my long-term Buy rating. The company has entered a period of accelerated revenue growth, with margins expanding even more rapidly. Despite somewhat elevated valuation multiples, the stock has significant room for growth, with a $61 price target for 2025 under a base-case scenario.
Corning Q4: Accelerating Growth Supports Buy Rating
Positive
Zacks Investment Research
3 days ago
These 2 Computer and Technology Stocks Could Beat Earnings: Why They Should Be on Your Radar
The Zacks Earnings ESP is a great way to find potential earnings surprises. Why investors should take advantage now.
These 2 Computer and Technology Stocks Could Beat Earnings: Why They Should Be on Your Radar
Neutral
Zacks Investment Research
5 days ago
GLW or ANET: Which Is the Better Value Stock Right Now?
Investors interested in stocks from the Communication - Components sector have probably already heard of Corning (GLW) and Arista Networks (ANET). But which of these two stocks offers value investors a better bang for their buck right now?
GLW or ANET: Which Is the Better Value Stock Right Now?
Positive
Zacks Investment Research
1 week ago
Corning Incorporated (GLW) Hit a 52 Week High, Can the Run Continue?
Corning (GLW) is at a 52-week high, but can investors hope for more gains in the future? We take a look at the company's fundamentals for clues.
Corning Incorporated (GLW) Hit a 52 Week High, Can the Run Continue?
Positive
The Motley Fool
1 week ago
Why Corning Stock Is Falling After an Initial Surge Today
Corning (GLW -2.62%) stock is losing ground Wednesday despite an initial bullish surge early in the day's trading. The company's share price was down 2.4% as of 3:45 p.m.
Why Corning Stock Is Falling After an Initial Surge Today
Positive
Benzinga
1 week ago
Nasdaq Down Over 100 Points; Corning Posts Upbeat Earnings
U.S. stocks traded mostly lower midway through trading, with the Nasdaq Composite falling more than 100 points on Wednesday.
Nasdaq Down Over 100 Points; Corning Posts Upbeat Earnings
Positive
Zacks Investment Research
1 week ago
Compared to Estimates, Corning (GLW) Q4 Earnings: A Look at Key Metrics
The headline numbers for Corning (GLW) give insight into how the company performed in the quarter ended December 2024, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.
Compared to Estimates, Corning (GLW) Q4 Earnings: A Look at Key Metrics
Neutral
Seeking Alpha
1 week ago
Corning Incorporated (GLW) Q4 2024 Earnings Call Transcript
Corning Incorporated (NYSE:GLW ) Q4 2024 Earnings Conference Call January 29, 2025 8:30 AM ET Company Participants Ann Nicholson - Vice President, Investor Relations Wendell Weeks - Chairman & Chief Executive Officer Ed Schlesinger - Executive Vice President & Chief Financial Officer Conference Call Participants Joe Cardoso - JPMorgan Asiya Merchant - Citi Wamsi Mohan - Bank of America John Roberts - Mizuho Matt Niknam - Deutsche Bank Meta Marshall - Morgan Stanley Tim Long - Barclays James Cannon - UBS George Notter - Jefferies Operator Welcome to the Corning Incorporated Quarter Four 2024 Earnings Call. [Operator Instructions] It is my pleasure to introduce to you Ann Nicholson, Vice President of Investor Relations.
Corning Incorporated (GLW) Q4 2024 Earnings Call Transcript
Positive
The Motley Fool
1 week ago
Corning Beats Q4 Estimates
Corning (GLW -2.73%), a leader in specialty glass and ceramics, announced its fourth-quarter results for 2024 on Jan. 29. Highlights included earnings per share (EPS) of $0.57, beating expectations by $0.01, and revenue of $3.87 billion, surpassing estimates of $3.76 billion.
Corning Beats Q4 Estimates
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