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

Corning (NYSE:GLW) had its target price boosted by stock analysts at Susquehanna from $100.00 to $125.00 in a research report issued to clients and investors on Thursday, Marketbeat reports. The brokerage presently has a “positive” rating on the electronics maker’s stock. Susquehanna’s target price would indicate a potential upside of 19.64% from the stock’s current price.

Several other research firms also recently weighed in on GLW. UBS Group reissued a “buy” rating and issued a $109.00 price target (up from $100.00) on shares of Corning in a research note on Friday, November 21st. Fox Advisors lowered shares of Corning from an “overweight” rating to an “equal weight” rating in a report on Thursday. Zacks Research downgraded shares of Corning from a “strong-buy” rating to a “hold” rating in a research note on Friday, November 21st. Wolfe Research set a $130.00 target price on shares of Corning and gave the company an “outperform” rating in a report on Tuesday. Finally, JPMorgan Chase & Co. upped their price target on Corning from $100.00 to $115.00 and gave the stock an “overweight” rating in a research note on Wednesday. One analyst has rated the stock with a Strong Buy rating, ten have issued a Buy rating and five have assigned a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average target price of $103.08.

Corning Price Performance

Shares of Corning stock opened at $104.48 on Thursday. The company has a debt-to-equity ratio of 0.62, a current ratio of 1.56 and a quick ratio of 1.00. The business has a 50 day simple moving average of $88.96 and a two-hundred day simple moving average of $79.46. The stock has a market capitalization of $89.58 billion, a P/E ratio of 66.13, a PEG ratio of 1.93 and a beta of 1.13. Corning has a 12 month low of $37.31 and a 12 month high of $113.99.

Corning (NYSE:GLW) last issued its quarterly earnings results on Wednesday, January 28th. The electronics maker reported $0.72 EPS for the quarter, topping the consensus estimate of $0.71 by $0.01. The firm had revenue of $4.41 billion during the quarter, compared to analysts’ expectations of $4.35 billion. Corning had a return on equity of 18.12% and a net margin of 9.16%.The firm’s revenue for the quarter was up 13.9% on a year-over-year basis. During the same period in the previous year, the business earned $0.57 earnings per share. Corning has set its Q1 2026 guidance at 0.660-0.700 EPS. As a group, analysts predict that Corning will post 2.33 EPS for the current fiscal year.

Insider Buying and Selling at Corning

In related news, EVP Lewis A. Steverson sold 23,142 shares of the stock in a transaction on Friday, October 31st. The shares were sold at an average price of $89.05, for a total value of $2,060,795.10. Following the transaction, the executive vice president directly owned 17,575 shares of the company’s stock, valued at $1,565,053.75. This trade represents a 56.84% decrease in their position. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, CFO Edward A. Schlesinger sold 20,893 shares of the stock in a transaction that occurred on Friday, October 31st. The shares were sold at an average price of $91.25, for a total value of $1,906,486.25. Following the completion of the sale, the chief financial officer directly owned 66,959 shares of the company’s stock, valued at $6,110,008.75. The trade was a 23.78% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Corporate insiders own 0.32% of the company’s stock.

Institutional Trading of Corning

Several hedge funds and other institutional investors have recently made changes to their positions in the company. Capital Research Global Investors acquired a new position in shares of Corning during the 3rd quarter worth $907,164,000. Norges Bank purchased a new position in shares of Corning during the 2nd quarter worth approximately $534,936,000. WCM Investment Management LLC purchased a new position in Corning during the third quarter worth $676,931,000. Wellington Management Group LLP boosted its stake in shares of Corning by 30.3% during the third quarter. Wellington Management Group LLP now owns 16,557,489 shares of the electronics maker’s stock valued at $1,358,211,000 after acquiring an additional 3,848,540 shares during the last quarter. Finally, Voya Investment Management LLC increased its position in Corning by 748.0% during the 3rd quarter. Voya Investment Management LLC now owns 3,169,741 shares of the electronics maker’s stock worth $260,014,000 after purchasing an additional 2,795,948 shares in the last quarter. Hedge funds and other institutional investors own 69.80% of the company’s stock.

Key Stories Impacting Corning

Here are the key news stories impacting Corning this week:

• Positive Sentiment: Multiyear Meta deal — Meta agreed to buy up to $6 billion of Corning fiber‑optic cable through 2030, which materially expands Corning’s addressable demand for AI/data‑center builds and supports multi‑year revenue visibility. Read More.
• Positive Sentiment: Q4 beat driven by Optical Communications — Corning reported Q4 revenue of $4.41B and EPS $0.72, topping estimates; Optical Communications surged ~24% on Gen‑AI-related demand, lifting margins and revenue growth. This validates the company’s exposure to hyperscaler spending. Read More.
• Positive Sentiment: Analyst upgrade/price target lift — JPMorgan upgraded GLW to “Overweight” and raised its price target to $115, signaling analyst conviction that the new deals and demand mix justify upside versus recent levels. Read More.
• Neutral Sentiment: Q1 guidance roughly in line / sales outlook strong — Corning set Q1 EPS guidance of $0.660–0.700 and said sales are expected above estimates, driven by resilient fiber demand; guidance is supportive but not a major beat. Read More.
• Neutral Sentiment: Company materials and transcript available — Full press release, slide deck and earnings‑call transcript provide more detail on margins, backlog and execution; read them to assess sustainability of the optical growth. Read More. Read More.
• Negative Sentiment: Pullback after a big run-up — Shares had hit record highs on the Meta news and a 16% rally; today’s decline appears driven by profit‑taking and rotation after that sharp move, with valuation metrics (e.g., a high P/E) likely amplifying volatility. 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.