Corning, Inc [NYSE: GLW] price surged by 0.86 percent to reach at $0.45.
A sum of 3338565 shares traded at recent session while its average daily volume was at 4.79M shares. Corning, Inc shares reached a high of $53.015 and dropped to a low of $52.19 until finishing in the latest session at $52.97.
The one-year GLW stock forecast points to a potential upside of 5.8. The average equity rating for GLW stock is currently 1.72, trading closer to a bullish pattern in the stock market.
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 $56.23 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 4.00, 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 42.28 with Quick ratio for the last quarter at 1.05.
GLW Stock Performance Analysis:
Corning, Inc [GLW] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 0.76. With this latest performance, GLW shares gained by 6.79% in over the last four-week period, additionally plugging by 13.72% over the last 6 months – not to mention a rise of 11.47% in the past year of trading.
Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for GLW stock in for the last two-week period is set at 61.16, with the RSI for the last a single of trading hit 1.01, and the three-weeks RSI is set at 1.02 for Corning, Inc [GLW]. The present Moving Average for the last 50 days of trading for this stock 49.99, while it was recorded at 52.49 for the last single week of trading, and 48.05 for the last 200 days.
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%. When it comes to the capital structure of this company, Corning, Inc [GLW] has a Total Debt to Total Equity ratio set at 0.76.
Reflecting on the efficiency of the workforce at the company, Corning, Inc [GLW] managed to generate an average of $8063.94 per employee.Corning, Inc’s liquidity data is similarly interesting compelling, with a Quick Ratio of 1.05 and a Current Ratio set at 1.69.
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 15.53%.
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%.
