Corning, Inc [NYSE: GLW] stock went on a downward path that fall over -0.59% on Thursday, amounting to a one-week price decrease of less than -0.87%.
Over the last 12 months, GLW stock rose by 9.97%. The one-year Corning, Inc stock forecast points to a potential upside of 5.12. The average equity rating for GLW stock is currently 1.72, trading closer to a bullish pattern in the stock market.
The market cap for the stock reached $44.76 billion, with 810.00 million shares outstanding and 782.77 million shares in the current float. Compared to the average trading volume of 5.01M shares, GLW stock reached a trading volume of 4344950 in the most recent trading day, which is why market watchdogs consider the stock to be active.
Guru’s Opinion on Corning, Inc [GLW]:
Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for GLW shares is $55.08 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on GLW stock is a recommendation set at 1.72. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.
Wolfe Research have made an estimate for Corning, Inc shares, keeping their opinion on the stock as Outperform, with their previous recommendation back on July 08, 2025. While these analysts kept the previous recommendation, HSBC Securities raised their target price from $51 to $60. The new note on the price target was released on January 30, 2025, representing the official price target for Corning, Inc stock. Previously, the target price had yet another raise from $44 to $47, while Mizuho kept a Outperform rating on GLW stock.
The Price to Book ratio for the last quarter was 3.95, with the Price to Cash per share for the same quarter was set at 1.59. Price to Free Cash Flow for GLW in the course of the last twelve months was 41.71 with Quick ratio for the last quarter at 1.05.
GLW Stock Performance Analysis:
Corning, Inc [GLW] fell into the red zone at the end of the last week, falling into a negative trend and dropping by -0.87. With this latest performance, GLW shares gained by 2.69% in over the last four-week period, additionally plugging by 8.11% over the last 6 months – not to mention a rise of 9.97% in the past year of trading.
Insight into Corning, Inc Fundamentals:
Operating Margin for any stock indicates how profitable investing would be, and Corning, Inc [GLW] shares currently have an operating margin of 12.13% and a Gross Margin at 32.18%. Corning, Inc’s Net Margin is presently recorded at 3.34%.
Return on Equity for this stock inclined to 1.65%, with Return on Assets sitting at 1.65%.
GLW Stock EPS
The progress of the company may be observed through the prism of EPS growth rate, while Wall Street analysts are focusing on predicting the 5-year EPS growth rate for GLW. When it comes to the mentioned value, analysts are expecting to see the 5-year EPS growth rate for Corning, Inc go to 15.47%.
Corning, Inc [GLW] Institutonal Ownership Details
There are presently around $74.06%, or 81.03% of GLW stock, in the hands of institutional investors. The top three institutional holders of GLW stocks are: VANGUARD GROUP INC with ownership of 98.17 million shares, which is approximately 11.5088%. BLACKROCK INC., holding 62.16 million shares of the stock with an approximate value of $$2.41 billion in GLW stocks shares; and BLACKROCK INC., currently with $$1.52 billion in GLW stock with ownership which is approximately 4.5829%.
