Corning (NYSE:GLW) Stock Price Expected to Rise, JPMorgan Chase & Co. Analyst Says

Corning (NYSE:GLW) had its price target lifted by equities researchers at JPMorgan Chase & Co. from $100.00 to $115.00 in a research note issued to investors on Wednesday,Benzinga reports. The brokerage presently has an “overweight” rating on the electronics maker’s stock. JPMorgan Chase & Co.‘s price objective suggests a potential upside of 9.94% from the stock’s current price.

A number of other equities research analysts have also recently weighed in on GLW. Weiss Ratings reiterated a “buy (b-)” rating on shares of Corning in a research note on Monday, December 29th. Mizuho set a $97.00 price target on shares of Corning in a research note on Wednesday, October 29th. Susquehanna lifted their price objective on shares of Corning from $75.00 to $100.00 and gave the company a “positive” rating in a research note on Wednesday, October 29th. Citigroup increased their target price on shares of Corning from $99.00 to $102.00 and gave the stock a “buy” rating in a research note on Monday, January 12th. Finally, Wolfe Research set a $130.00 price target on Corning and gave the company an “outperform” rating in a research report on Tuesday. One investment analyst has rated the stock with a Strong Buy rating, eleven have assigned a Buy rating and three have issued a Hold rating to the company’s stock. According to MarketBeat, Corning currently has a consensus rating of “Moderate Buy” and an average price target of $97.67.

Corning Stock Performance

GLW traded down $5.14 on Wednesday, reaching $104.60. The company had a trading volume of 14,358,235 shares, compared to its average volume of 7,002,015. The company has a quick ratio of 1.00, a current ratio of 1.56 and a debt-to-equity ratio of 0.62. Corning has a 1 year low of $37.31 and a 1 year high of $113.99. The stock has a market capitalization of $89.68 billion, a PE ratio of 66.28, a P/E/G ratio of 1.67 and a beta of 1.13. The stock has a 50-day moving average price of $88.50 and a 200-day moving average price of $79.29.

Corning (NYSE:GLW) last posted its earnings results on Wednesday, January 28th. The electronics maker reported $0.72 EPS for the quarter, topping analysts’ consensus estimates of $0.71 by $0.01. Corning had a return on equity of 18.12% and a net margin of 9.16%.The business had revenue of $4.41 billion for the quarter, compared to analysts’ expectations of $4.35 billion. During the same quarter in the previous year, the firm earned $0.57 earnings per share. The business’s revenue was up 13.9% compared to the same quarter last year. Corning has set its Q1 2026 guidance at 0.660-0.700 EPS. As a group, research analysts forecast that Corning will post 2.33 EPS for the current fiscal year.

Insider Activity

In related news, EVP Lewis A. Steverson sold 23,142 shares of the stock in a transaction dated Friday, October 31st. The shares were sold at an average price of $89.05, for a total value of $2,060,795.10. Following the sale, the executive vice president directly owned 17,575 shares of the company’s stock, valued at approximately $1,565,053.75. This represents a 56.84% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, CFO Edward A. Schlesinger sold 20,893 shares of Corning stock in a transaction dated Friday, October 31st. The stock was sold at an average price of $91.25, for a total transaction of $1,906,486.25. Following the transaction, the chief financial officer owned 66,959 shares of the company’s stock, valued at approximately $6,110,008.75. The trade was a 23.78% decrease in their position. The disclosure for this sale is available in the SEC filing. Corporate insiders own 0.32% of the company’s stock.

Hedge Funds Weigh In On Corning

Large investors have recently modified their holdings of the company. CVA Family Office LLC boosted its stake in Corning by 10.3% in the third quarter. CVA Family Office LLC now owns 1,190 shares of the electronics maker’s stock valued at $98,000 after acquiring an additional 111 shares during the period. Angeles Wealth Management LLC boosted its position in Corning by 2.8% during the 3rd quarter. Angeles Wealth Management LLC now owns 4,242 shares of the electronics maker’s stock valued at $348,000 after purchasing an additional 116 shares during the period. Vista Investment Partners LLC grew its stake in Corning by 1.3% during the 3rd quarter. Vista Investment Partners LLC now owns 9,496 shares of the electronics maker’s stock worth $779,000 after buying an additional 119 shares during the last quarter. Sapient Capital LLC lifted its stake in Corning by 2.2% in the third quarter. Sapient Capital LLC now owns 5,626 shares of the electronics maker’s stock valued at $452,000 after buying an additional 120 shares during the last quarter. Finally, Sivia Capital Partners LLC grew its position in shares of Corning by 1.6% during the third quarter. Sivia Capital Partners LLC now owns 7,740 shares of the electronics maker’s stock worth $635,000 after acquiring an additional 124 shares during the last quarter. 69.80% of the stock is currently owned by hedge funds and other institutional investors.

Key Stories Impacting Corning

Here are the key news stories impacting Corning this week:

• Positive Sentiment: Huge Meta multiyear fiber‑optic deal — Meta will pay Corning up to $6 billion through 2030 for fiber‑optic cable to support AI data centers, which materially expands Corning’s addressable market and gives multi‑year revenue visibility. Meta and Corning Deal
• Positive Sentiment: Q4 results beat and strong optical demand — Corning reported $0.72 EPS and $4.41B revenue, topping estimates; Optical Communications surged ~24% on strong Gen‑AI/data‑center demand, boosting margin and revenue growth. Earnings Beat Article
• Positive Sentiment: Record 2025 results and upgraded plan — Management reported record Q4 and full‑year results and upgraded its Springboard growth plan, signaling confidence in sustained sales expansion. Business Wire Release
• Neutral Sentiment: Q1 guidance roughly in line — Corning gave Q1 EPS guidance of $0.660–0.700 and revenue around $4.2–4.3B, which overlaps consensus and was described as above sales estimates by some outlets — supportive but not an aggressive upward re‑rate. Reuters Guidance Article
• Negative Sentiment: Profit‑taking after a sharp rally and high valuation — The stock had surged on the Meta deal and hit 52‑week highs; after the earnings release some investors sold into strength. Corning’s current PE is elevated, increasing sensitivity to any guidance ambiguity or short‑term revenue timing concerns. Investor Coverage

About Corning

Corning Incorporated is a global manufacturer specializing in specialty glass, ceramics and related materials and technologies. Headquartered in Corning, New York, the company supplies engineered materials and components used across multiple industries, including consumer electronics, telecommunications, automotive emissions control, pharmaceutical and life sciences, and industrial and scientific applications. Corning emphasizes materials science and precision manufacturing to develop durable, high-performance glass and ceramic products.

Key product lines include specialty display glass used by television and mobile-device manufacturers, cover glass marketed under well-known trade names for smartphones and tablets, and optical fiber and cable and related hardware for telecommunications networks.