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

Corning (NYSE:GLW) had its target price upped by Susquehanna from $100.00 to $125.00 in a research note issued to investors on Thursday, Marketbeat Ratings reports. The brokerage currently has a positive rating on the electronics maker’s stock.

A number of other analysts have also weighed in on the company. Morgan Stanley upped their price objective on Corning from $82.00 to $98.00 and gave the stock an “equal weight” rating in a research report on Wednesday, December 17th. JPMorgan Chase & Co. boosted their target price on Corning from $100.00 to $115.00 and gave the stock an “overweight” rating in a research note on Wednesday. Mizuho increased their price target on Corning from $97.00 to $120.00 and gave the company an “outperform” rating in a research report on Thursday. Weiss Ratings downgraded Corning from a “buy (b-)” rating to a “hold (c+)” rating in a research report on Tuesday. Finally, Zacks Research lowered shares of Corning from a “strong-buy” rating to a “hold” rating in a research note on Friday, November 21st. Nine equities research analysts have rated the stock with a Buy rating and five have issued a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $110.91.

Corning Stock Performance

NYSE GLW opened at $102.97 on Thursday. The company has a debt-to-equity ratio of 0.62, a current ratio of 1.59 and a quick ratio of 1.00. The company has a market cap of $88.29 billion, a P/E ratio of 55.96, a P/E/G ratio of 1.83 and a beta of 1.13. The stock has a 50-day moving average of $89.46 and a two-hundred day moving average of $79.63. Corning has a 1-year low of $37.31 and a 1-year high of $113.99.

Corning (NYSE:GLW) last announced its quarterly earnings data 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 during the quarter, compared to analysts’ expectations of $4.35 billion. During the same quarter in the previous year, the business 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. As a group, analysts anticipate that Corning will post 2.33 EPS for the current year.

Insiders Place Their Bets

In other Corning news, CFO Edward A. Schlesinger sold 21,104 shares of the firm’s stock in a transaction that occurred on Thursday, January 29th. The shares were sold at an average price of $104.55, for a total transaction of $2,206,423.20. Following the sale, the chief financial officer owned 54,780 shares of the company’s stock, valued at approximately $5,727,249. This trade represents a 27.81% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Insiders own 0.40% of the company’s stock.

Institutional Inflows and Outflows

Hedge funds have recently modified their holdings of the stock. Pinpoint Asset Management Singapore Pte. Ltd. purchased a new stake in Corning in the third quarter valued at $25,000. REAP Financial Group LLC increased its position in shares of Corning by 191.5% during the second quarter. REAP Financial Group LLC now owns 516 shares of the electronics maker’s stock worth $27,000 after purchasing an additional 339 shares in the last quarter. Strengthening Families & Communities LLC purchased a new stake in shares of Corning in the 3rd quarter valued at about $27,000. Total Investment Management Inc. purchased a new stake in Corning in the 2nd quarter valued at $28,000. Finally, Cornerstone Planning Group LLC raised its holdings in shares of Corning by 58.5% in the third quarter. Cornerstone Planning Group LLC now owns 336 shares of the electronics maker’s stock valued at $30,000 after buying an additional 124 shares during the last quarter. 69.80% of the stock is owned by hedge funds and other institutional investors.

Corning News Summary

Here are the key news stories impacting Corning this week:

• Positive Sentiment: Large multiyear agreement with Meta (up to $6B) to accelerate U.S. data‑center buildout adds revenue visibility for Corning’s optical business and supports manufacturing expansion. Read More.
• Positive Sentiment: Q4 results beat: $0.72 EPS on $4.41B revenue (optical communications up sharply), and management raised the Springboard plan — fundamentals point to sustained Gen‑AI / data‑center demand. Read More.
• Positive Sentiment: Several brokers raised targets/ratings (Susquehanna to $125, Citi to $120, JPMorgan to $115), reflecting bullish analyst expectations and providing upside catalysts. Read More.
• Neutral Sentiment: Media and analysts highlight GLW as an AI/data‑center beneficiary (Zacks, Jim Cramer commentary urging holders to stay invested) — supportive narrative but already partly priced in after the recent run. Read More.
• Neutral Sentiment: Company issued Q1 2026 EPS guidance of $0.660–0.700 and said Q1 sales should be above estimates — guidance is generally inline-to‑slightly constructive but not a surprise. Read More.
• Negative Sentiment: CFO Edward Schlesinger sold 21,104 shares (~$2.2M), reducing his stake by ~28% — an insider sale that some investors interpret as a near‑term bearish signal (or simply diversification). Read More.
• Negative Sentiment: After the spike to record highs on the Meta news and earnings, the stock has seen short‑term profit‑taking and a pullback noted by several outlets — likely the proximate cause of today’s decline. Read More.

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.