Corning (NYSE:GLW) Stock Price Expected to Rise, Bank of America Analyst Says

Corning (NYSE:GLW) had its price objective lifted by research analysts at Bank of America from $144.00 to $155.00 in a note issued to investors on Monday,Benzinga reports. The brokerage presently has a “buy” rating on the electronics maker’s stock. Bank of America‘s target price points to a potential upside of 9.06% from the company’s current price.

A number of other brokerages also recently issued reports on GLW. Susquehanna boosted their price objective on Corning from $100.00 to $125.00 and gave the company a “positive” rating in a research note on Thursday, January 29th. Fox Advisors downgraded Corning from an “overweight” rating to an “equal weight” rating in a report on Thursday, January 29th. Morgan Stanley boosted their price target on Corning from $103.00 to $127.00 and gave the company an “equal weight” rating in a research note on Monday, February 23rd. Mizuho set a $145.00 price target on Corning in a report on Monday, February 23rd. Finally, HSBC reaffirmed a “buy” rating and set a $135.00 price objective on shares of Corning in a research report on Friday, February 13th. Eleven equities research analysts have rated the stock with a Buy rating and four have given a Hold rating to the stock. According to MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average price target of $132.67.

Corning Price Performance

Shares of NYSE GLW opened at $142.13 on Monday. Corning has a twelve month low of $37.31 and a twelve month high of $162.10. The firm has a fifty day simple moving average of $123.91 and a 200 day simple moving average of $98.59. The company has a market capitalization of $122.09 billion, a PE ratio of 77.24, a P/E/G ratio of 2.07 and a beta of 1.05. The company has a quick ratio of 1.04, a current ratio of 1.59 and a debt-to-equity ratio of 0.62.

Corning (NYSE:GLW) last issued its quarterly earnings results on Wednesday, January 28th. The electronics maker reported $0.72 EPS for the quarter, beating analysts’ consensus estimates of $0.71 by $0.01. Corning had a net margin of 10.21% and a return on equity of 18.72%. 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 prior year, the firm posted $0.57 earnings per share. The business’s quarterly 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. On average, sell-side analysts forecast that Corning will post 2.33 EPS for the current year.

Insiders Place Their Bets

In other news, EVP Lewis A. Steverson sold 15,366 shares of the company’s stock in a transaction that occurred on Tuesday, February 10th. The stock was sold at an average price of $130.22, for a total transaction of $2,000,960.52. Following the transaction, the executive vice president directly owned 3,461 shares of the company’s stock, valued at $450,691.42. This represents a 81.62% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, CFO Edward A. Schlesinger sold 21,104 shares of the stock in a transaction on Thursday, January 29th. The stock was sold at an average price of $104.55, for a total value of $2,206,423.20. Following the completion of the transaction, the chief financial officer owned 54,780 shares in the company, valued at approximately $5,727,249. This represents a 27.81% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. In the last quarter, insiders have sold 233,201 shares of company stock valued at $32,614,558. 0.32% of the stock is currently owned by corporate insiders.

Institutional Inflows and Outflows

Several institutional investors have recently bought and sold shares of GLW. Berbice Capital Management LLC bought a new stake in shares of Corning during the fourth quarter worth about $26,000. Basepoint Wealth LLC bought a new position in Corning in the 4th quarter valued at about $26,000. Pinpoint Asset Management Singapore Pte. Ltd. bought a new position in Corning in the 3rd quarter valued at about $25,000. Kemnay Advisory Services Inc. acquired a new position in Corning during the 4th quarter valued at about $27,000. Finally, Strengthening Families & Communities LLC acquired a new position in Corning during the 3rd quarter valued at about $27,000. Institutional investors and hedge funds own 69.80% of the company’s stock.

More Corning News

Here are the key news stories impacting Corning this week:

• Positive Sentiment: Bank of America upgraded GLW to a “buy” and raised its price target to $155, citing stronger optics demand tied to AI infrastructure, which supports tighter near‑term earnings and multiple expansion. Corning (GLW) Stock Surges 5%+ as BofA Upgrades Target Amid AI Optical Expansion
• Positive Sentiment: Analyst notes and market commentary flagged rising AI demand for Corning’s specialty glass and optical components, prompting a fresh bullish view on near‑term revenue and margin outlook. That analyst-driven optimism helped lift sentiment across the tape. Corning stock jumps 9% as AI demand, analyst boost lift outlook
• Positive Sentiment: Company announcements and analyst commentary highlighted new AI‑focused optical innovations, reinforcing Corning’s positioning in data‑center and optical interconnect markets — a key growth narrative investors are buying into. Why Are Corning (GLW) Shares Soaring Today
• Neutral Sentiment: Jim Cramer mentioned GLW as a name the show’s team owns but advised buying after any pullback rather than adding immediately — a cautious endorsement that may limit immediate retail buying but supports medium‑term interest. Jim Cramer on Corning Incorporated: “We’ll Pick Some Up After the Sell, Not Before”
• Neutral Sentiment: Several retail/independent bull writeups (summarized by financial sites) are circulating a thesis that GLW’s AI exposure could drive multi‑year upside; these posts increase retail interest but are speculative and depend on sustained AI capex. Is Corning Incorporated (GLW) A Good Stock To Buy Now?
• Negative Sentiment: Valuation remains a concern—GLW’s trailing/forward P/E ratios are elevated versus historical levels, which could cap near‑term upside if AI demand disappoints or macro conditions tighten. Investors should weigh growth expectations against the stretched multiple. Is Corning Incorporated (GLW) a good stock to buy now?

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.