Corning (GLW) Stock Forecast, Price Target & Predictions


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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.

$30 $36 $42 $48 $54 $60 High: $60 Avg: $56.2 Low: $53 Last Closed Price: $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
Total 33 0 2 11 20 Strong Sell Sell Hold Buy Strong Buy

GLW Price Target Upside V Benchmarks


TypeNameUpside
StockCorning34.51%
SectorTechnology Stocks 33.74%
Idea5G Stocks List36.45%

Price Target Trends


1M3M12M
# Anlaysts-121
Avg Price Target-$60.00$48.33
Last Closing Price$41.78$41.78$41.78
Upside/Downside-43.61%15.68%
Ratings Trends

DateStrong BuyBuyHoldSellStrong SellTotal
Apr, 25185--14
Mar, 25184-114
Feb, 25185-115
Jan, 251861117
Dec, 24176-115
Analyst Price Target Forecasts

DateAnalystCompanyPrice TargetPrice when PublishedPrice Target/Price when PublishedPrice Target/Last Closing Price
Jan 30, 2025Stephen BerseyHSBC$60.00$49.8020.48%43.61%
Oct 30, 2024Martin YangOppenheimer$58.00$48.8418.76%38.82%
Oct 30, 2024Matt NiknamDeutsche Bank$54.00$49.0310.14%29.25%
Oct 29, 2024Tim LongBarclays$53.00$49.038.10%26.85%
Oct 29, 2024Wamsi MohanBank of America Securities$56.00$49.0314.22%34.04%
Oct 09, 2024Matt NiknamDeutsche Bank$49.00$45.667.31%17.28%
Sep 24, 2024John RobertsMizuho Securities$51.00$44.6514.22%22.07%
Sep 20, 2024Wamsi MohanBank of America Securities$51.00$44.3015.12%22.07%
Sep 20, 2024Mehdi HosseiniSusquehanna$55.00$44.3324.07%31.64%
Sep 20, 2024Martin YangOppenheimer$51.00$44.4314.79%22.07%
Analyst Rating Forecasts

DateCompanyPrevious RatingNew RatingRating Change
Jan 30, 2025HSBCHoldBuyupgrade
Oct 30, 2024OppenheimerOutperformOutperformhold
Oct 30, 2024Deutsche BankBuyBuyhold
Oct 29, 2024BarclaysEqual-WeightEqual-Weighthold
Oct 29, 2024BarclaysOverweightOverweighthold
Oct 29, 2024Bank of America SecuritiesBuyBuyhold
Oct 09, 2024OppenheimerUnderperformUnderperformhold
Oct 09, 2024Deutsche BankBuyBuyhold
Sep 20, 2024UBSBuyBuyhold
Sep 20, 2024Bank of America SecuritiesBuyBuyhold

Financial Forecast


EPS Forecast

Dec 20 Dec 21 Dec 22 Dec 23 Dec 24 Dec 25 Dec 26 Dec 27
Dec 20Dec 21Dec 22Dec 23Dec 24Dec 25Dec 26Dec 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

$11B $13B $14B $16B $17B $19B Dec 20 Dec 21 Dec 22 Dec 23 Dec 24 Dec 25 Dec 26 Dec 27
Dec 20Dec 21Dec 22Dec 23Dec 24Dec 25Dec 26Dec 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

$0 $600M $1B $2B $2B $3B Dec 20 Dec 21 Dec 22 Dec 23 Dec 24 Dec 25 Dec 26 Dec 27
Dec 20Dec 21Dec 22Dec 23Dec 24Dec 25Dec 26Dec 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%---

GLW Forecast FAQ


Is Corning stock a buy?

Corning stock has a consensus rating of Buy, based on 33 Wall Street analysts. The rating breakdown includes 0 Strong Buy, 20 Buy, 11 Hold, 2 Sell, and 0 Strong Sell, reflecting a consensus that Corning is a favorable investment for most analysts.

What is Corning's price target?

Corning's price target, set by 33 Wall Street analysts, averages $56.2 over the next 12 months. The price target range spans from $53 at the low end to $60 at the high end, suggesting a potential 34.51% change from the previous closing price of $41.78.

How does Corning stock forecast compare to its benchmarks?

Corning's stock forecast shows a 34.51% upside, outperforming the average forecast for the technology stocks sector (33.74%), trailing the 5G Stocks List (36.45%) investment idea.

What is the breakdown of analyst ratings for Corning over the past three months?

  • April 2025: 7.14% Strong Buy, 57.14% Buy, 35.71% Hold, 0% Sell, 0% Strong Sell.
  • March 2025: 7.14% Strong Buy, 57.14% Buy, 28.57% Hold, 0% Sell, 7.14% Strong Sell.
  • February 2025: 6.67% Strong Buy, 53.33% Buy, 33.33% Hold, 0% Sell, 6.67% Strong Sell.

What is Corning’s EPS forecast?

Corning's average annual EPS forecast for its fiscal year ending in December 2025 is $2.31, marking a 90.91% increase from the reported $1.21 in 2024. Estimates for the following years are $2.68 in 2026, and $2.98 in 2027.

What is Corning’s revenue forecast?

Corning's average annual revenue forecast for its fiscal year ending in December 2025 is $15.3B, reflecting a 16.66% increase from the reported $13.12B in 2024. The forecast for 2026 is $16.46B, and $17.88B for 2027.

What is Corning’s net income forecast?

Corning's net income forecast for the fiscal year ending in December 2025 stands at $2.02B, representing an 95.00% increase from the reported $1.03B in 2024. Projections indicate $2.37B in 2026, and $2.55B in 2027.