Corning (NYSE:GLW) Price Target Raised to $125.00

Corning (NYSE:GLW) had its price target hoisted by Susquehanna from $100.00 to $125.00 in a report released on Thursday morning, MarketBeat Ratings reports. Susquehanna currently has a positive rating on the electronics maker’s stock.

Several other analysts also recently issued reports on GLW. Argus increased their price target on Corning from $68.00 to $110.00 and gave the company a “buy” rating in a report on Wednesday, October 29th. JPMorgan Chase & Co. increased their target price on Corning from $100.00 to $115.00 and gave the company an “overweight” rating in a research note on Wednesday. Citigroup raised their target price on Corning from $99.00 to $102.00 and gave the company a “buy” rating in a report on Monday, January 12th. Weiss Ratings cut Corning from a “buy (b-)” rating to a “hold (c+)” rating in a report on Tuesday. Finally, Fox Advisors lowered shares of Corning from an “overweight” rating to an “equal weight” rating in a research note on Thursday. Nine investment analysts have rated the stock with a Buy rating and five have given a Hold rating to the company. According to data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average target price of $112.36.

Corning Stock Up 0.2%

Shares of NYSE:GLW opened at $103.22 on Thursday. The stock has a 50-day simple moving average of $89.93 and a 200-day simple moving average of $80.17. The stock has a market capitalization of $88.50 billion, a P/E ratio of 56.10, a PEG ratio of 1.78 and a beta of 1.13. Corning has a 1 year low of $37.31 and a 1 year high of $113.99. The company has a debt-to-equity ratio of 0.62, a quick ratio of 1.00 and a current ratio of 1.59.

Corning (NYSE:GLW) last announced its quarterly earnings results on Wednesday, January 28th. The electronics maker reported $0.72 earnings per share 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 firm had revenue of $4.41 billion for the quarter, compared to analysts’ expectations of $4.35 billion. During the same period in the previous year, the company posted $0.57 earnings per share. Corning’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. Equities analysts forecast that Corning will post 2.33 earnings per share for the current year.

Insiders Place Their Bets

In other news, CFO Edward A. Schlesinger sold 21,104 shares of the business’s stock in a transaction dated Thursday, January 29th. The shares were sold at an average price of $104.55, for a total value of $2,206,423.20. Following the completion of the sale, the chief financial officer owned 54,780 shares of the company’s stock, valued at approximately $5,727,249. The trade was a 27.81% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. 0.40% of the stock is currently owned by corporate insiders.

Institutional Inflows and Outflows

Several hedge funds have recently made changes to their positions in GLW. Vanguard Group Inc. raised its holdings in shares of Corning by 0.6% during the fourth quarter. Vanguard Group Inc. now owns 99,283,317 shares of the electronics maker’s stock worth $8,693,247,000 after purchasing an additional 580,678 shares during the period. State Street Corp grew its position in Corning by 1.2% in the 3rd quarter. State Street Corp now owns 37,008,856 shares of the electronics maker’s stock worth $3,035,836,000 after purchasing an additional 439,883 shares during the last quarter. Geode Capital Management LLC boosted its position in shares of Corning by 0.6% during the second quarter. Geode Capital Management LLC now owns 19,443,525 shares of the electronics maker’s stock worth $1,018,629,000 after buying an additional 112,739 shares during the period. Wellington Management Group LLP grew its holdings in Corning by 30.3% in the 3rd quarter. Wellington Management Group LLP now owns 16,557,489 shares of the electronics maker’s stock worth $1,358,211,000 after buying an additional 3,848,540 shares in the last quarter. Finally, Ameriprise Financial Inc. increased its position in Corning by 8.1% in the 2nd quarter. Ameriprise Financial Inc. now owns 13,763,148 shares of the electronics maker’s stock valued at $724,432,000 after acquiring an additional 1,036,988 shares during the period. 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: Multiyear Meta agreement (up to $6 billion) boosts revenue visibility for Corning’s optical/data‑center business and underpins planned U.S. manufacturing expansion — a major structural catalyst for demand tied to AI data‑center builds. Can Corning’s Multi-Year AI-Focused Deal With Meta Boost Its Shares?
• Positive Sentiment: Q4 beat and constructive guidance: Corning topped estimates on revenue and EPS, reported strong optical communications growth, and set Q1 EPS guidance that implies continued strength — supports the thesis Corning is an AI/data‑center beneficiary. GLW Q4 earnings beat estimates on strength in optical communication
• Positive Sentiment: Analyst upgrades/target raises (Susquehanna, Citi and others) pushed upside expectations and provided fresh buy‑side ammunition after the earnings/Meta news. These broker actions can sustain buying momentum. GLW price target raised by Susquehanna
• Neutral Sentiment: Positive media/analyst narrative (Zacks, Jim Cramer, others) is reinforcing investor interest in GLW as an AI/momentum trade — helpful context but much of this is now reflected in the rally. Why Corning (GLW) is a Top Momentum Stock for the Long-Term
• Neutral Sentiment: Company guidance (Q1 EPS range) was generally inline-to-slightly constructive — supportive but not a surprise after the Meta deal and Q4 beat. Corning forecasts first-quarter sales above estimates
• Negative Sentiment: Large insider sale by CFO Edward Schlesinger (21,104 shares, ~ $2.2M) — a sizeable reduction in his stake that some investors view as a near‑term bearish signal (though insiders sell for many reasons). Edward Schlesinger Sells 21,104 Shares of Corning
• Negative Sentiment: Smaller insider sale by SVP Michelle Gullo and broader post‑announcement profit‑taking after the stock ran to record highs — explains short‑term pullback/liquidity-driven selling. Form 4 – Michelle L. Gullo
• Negative Sentiment: Coverage noting the stock “slips” after earnings/guidance updates — signals short‑term volatility as traders lock in gains; could keep pressure until momentum stabilizes. Corning slips after Q4 results, guidance updates Springboard plan

Corning Company Profile

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.