Corning (GLW) Stock Forecast, Price Target & Predictions
GLW Stock Forecast
Corning (GLW) stock forecast, based on 33 Wall Street analysts, predicts a 12-month average price target of $56.20, with a high of $60.00 and a low of $53.00. This represents a 34.51% increase from the last price of $41.78.
GLW Stock Rating
Corning stock's rating consensus is Buy, based on 33 Wall Street analysts. The breakdown includes 0 Strong Buy (0.00%), 20 Buy (60.61%), 11 Hold (33.33%), 2 Sell (6.06%), and 0 Strong Sell (0.00%).
Buy
GLW Price Target Upside V Benchmarks
Type | Name | Upside |
---|---|---|
Stock | Corning | 34.51% |
Sector | Technology Stocks | 33.74% |
Idea | 5G Stocks List | 36.45% |
Price Target Trends
1M | 3M | 12M | |
---|---|---|---|
# Anlaysts | - | 1 | 21 |
Avg Price Target | - | $60.00 | $48.33 |
Last Closing Price | $41.78 | $41.78 | $41.78 |
Upside/Downside | - | 43.61% | 15.68% |
Ratings Trends
Date | Strong Buy | Buy | Hold | Sell | Strong Sell | Total |
---|---|---|---|---|---|---|
Apr, 25 | 1 | 8 | 5 | - | - | 14 |
Mar, 25 | 1 | 8 | 4 | - | 1 | 14 |
Feb, 25 | 1 | 8 | 5 | - | 1 | 15 |
Jan, 25 | 1 | 8 | 6 | 1 | 1 | 17 |
Dec, 24 | 1 | 7 | 6 | - | 1 | 15 |
Analyst Price Target Forecasts
Date | Analyst | Company | Price Target | Price when Published | Price Target/Price when Published | Price Target/Last Closing Price |
---|---|---|---|---|---|---|
Jan 30, 2025 | Stephen Bersey | HSBC | $60.00 | $49.80 | 20.48% | 43.61% |
Oct 30, 2024 | Martin Yang | Oppenheimer | $58.00 | $48.84 | 18.76% | 38.82% |
Oct 30, 2024 | Matt Niknam | Deutsche Bank | $54.00 | $49.03 | 10.14% | 29.25% |
Oct 29, 2024 | Tim Long | Barclays | $53.00 | $49.03 | 8.10% | 26.85% |
Oct 29, 2024 | Wamsi Mohan | Bank of America Securities | $56.00 | $49.03 | 14.22% | 34.04% |
Oct 09, 2024 | Matt Niknam | Deutsche Bank | $49.00 | $45.66 | 7.31% | 17.28% |
Sep 24, 2024 | John Roberts | Mizuho Securities | $51.00 | $44.65 | 14.22% | 22.07% |
Sep 20, 2024 | Wamsi Mohan | Bank of America Securities | $51.00 | $44.30 | 15.12% | 22.07% |
Sep 20, 2024 | Mehdi Hosseini | Susquehanna | $55.00 | $44.33 | 24.07% | 31.64% |
Sep 20, 2024 | Martin Yang | Oppenheimer | $51.00 | $44.43 | 14.79% | 22.07% |
Analyst Rating Forecasts
Date | Company | Previous Rating | New Rating | Rating Change |
---|---|---|---|---|
Jan 30, 2025 | HSBC | Hold | Buy | upgrade |
Oct 30, 2024 | Oppenheimer | Outperform | Outperform | hold |
Oct 30, 2024 | Deutsche Bank | Buy | Buy | hold |
Oct 29, 2024 | Barclays | Equal-Weight | Equal-Weight | hold |
Oct 29, 2024 | Barclays | Overweight | Overweight | hold |
Oct 29, 2024 | Bank of America Securities | Buy | Buy | hold |
Oct 09, 2024 | Oppenheimer | Underperform | Underperform | hold |
Oct 09, 2024 | Deutsche Bank | Buy | Buy | hold |
Sep 20, 2024 | UBS | Buy | Buy | hold |
Sep 20, 2024 | Bank of America Securities | Buy | Buy | hold |
Financial Forecast
EPS Forecast
Annual
Dec 20 | Dec 21 | Dec 22 | Dec 23 | Dec 24 | Dec 25 | Dec 26 | Dec 27 | |
---|---|---|---|---|---|---|---|---|
Reported | $0.54 | $1.30 | $1.56 | $0.69 | $1.21 | - | - | - |
Avg Forecast | $1.36 | $2.06 | $2.07 | $1.70 | $1.95 | $2.31 | $2.68 | $2.98 |
High Forecast | $1.39 | $2.10 | $2.11 | $1.73 | $1.97 | $2.46 | $3.11 | $3.07 |
Low Forecast | $1.32 | $2.00 | $2.03 | $1.69 | $1.93 | $2.26 | $2.44 | $2.89 |
Surprise % | -60.29% | -36.89% | -24.64% | -59.41% | -37.95% | - | - | - |
Revenue Forecast
Annual
Dec 20 | Dec 21 | Dec 22 | Dec 23 | Dec 24 | Dec 25 | Dec 26 | Dec 27 | |
---|---|---|---|---|---|---|---|---|
Reported | $11.30B | $14.08B | $14.19B | $12.59B | $13.12B | - | - | - |
Avg Forecast | $11.31B | $14.00B | $14.71B | $13.56B | $14.36B | $15.30B | $16.46B | $17.88B |
High Forecast | $11.50B | $14.23B | $14.93B | $13.58B | $14.40B | $15.54B | $16.96B | $18.32B |
Low Forecast | $11.06B | $13.69B | $14.51B | $13.27B | $14.35B | $15.15B | $16.06B | $17.50B |
Surprise % | -0.05% | 0.61% | -3.57% | -7.20% | -8.63% | - | - | - |
Net Income Forecast
Annual
Dec 20 | Dec 21 | Dec 22 | Dec 23 | Dec 24 | Dec 25 | Dec 26 | Dec 27 | |
---|---|---|---|---|---|---|---|---|
Reported | $512.00M | $1.91B | $1.32B | $581.00M | $1.03B | - | - | - |
Avg Forecast | $488.33M | $1.85B | $2.02B | $581.00M | $1.67B | $2.02B | $2.37B | $2.55B |
High Forecast | $633.62M | $2.23B | $2.43B | $697.20M | $1.68B | $2.10B | $2.65B | $2.62B |
Low Forecast | $343.04M | $1.48B | $1.62B | $464.80M | $1.65B | $1.93B | $2.09B | $2.47B |
Surprise % | 4.85% | 2.77% | -35.00% | - | -38.00% | - | - | - |