NYSE:GLW - Corning Stock Price Target and Predictions

  • Consensus Rating: Buy
  • Consensus Price Target: $36.88
  • Forecasted Upside: -4.10 %
  • Number of Analysts: 10
  • Breakdown:
  • 0 Sell Ratings
  • 4 Hold Ratings
  • 6 Buy Ratings
  • 0 Strong Buy Ratings
$38.45
▼ -0.08 (-0.21%)
1 month | 3 months | 12 months
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Analyst Price Target for GLW

i We calculate consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0-1.5 = Sell, 1.5-2.5 = Hold, 2.5-3.5 = Buy, >3.5 = Strong Buy). Our consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months. Our consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.
$36.88
▼ -4.10% Downside Potential
This price target is based on 10 analysts offering 12 month price targets for Corning in the last 3 months. The average price target is $36.88, with a high forecast of $44.00 and a low forecast of $26.00. The average price target represents a -4.10% upside from the last price of $38.45.
Buy
The current consensus among 10 polled investment analysts is to buy stock in Corning. This rating has held steady since October 2020, when it changed from a Hold consensus rating.

Past Monthly Recommendations

Move your mouse over past months for details

  • 0 strong buy ratings
  • 5 buy ratings
  • 0 hold ratings
  • 0 sell ratings
7/30/2019
  • 0 strong buy ratings
  • 6 buy ratings
  • 5 hold ratings
  • 0 sell ratings
10/28/2019
  • 0 strong buy ratings
  • 6 buy ratings
  • 5 hold ratings
  • 0 sell ratings
1/26/2020
  • 0 strong buy ratings
  • 6 buy ratings
  • 5 hold ratings
  • 0 sell ratings
4/25/2020
  • 0 strong buy ratings
  • 6 buy ratings
  • 6 hold ratings
  • 0 sell ratings
7/24/2020
  • 0 strong buy ratings
  • 4 buy ratings
  • 5 hold ratings
  • 0 sell ratings
10/22/2020
  • 0 strong buy ratings
  • 5 buy ratings
  • 4 hold ratings
  • 0 sell ratings
12/21/2020
  • 0 strong buy ratings
  • 6 buy ratings
  • 4 hold ratings
  • 0 sell ratings
1/20/2021

Latest Recommendations

  • 0 strong buy ratings
  • 6 buy ratings
  • 4 hold ratings
  • 0 sell ratings

DateBrokerageActionRatingPrice TargetImpact on Share PriceDetails
1/14/2021BarclaysUpgradeEqual Weight ➝ Overweight$31.00 ➝ $44.00Medium
i
1/6/2021UBS GroupInitiated CoverageBuy$43.00N/A
i
12/15/2020Morgan StanleyBoost Price TargetEqual Weight$32.00 ➝ $34.00Medium
i
12/11/2020JPMorgan Chase & Co.DowngradeOverweight ➝ Neutral$39.00High
i
10/28/2020OppenheimerReiterated RatingHoldHigh
i
Rating by Martin Yang at Oppenheimer Holdings Inc.
10/27/2020Cross ResearchUpgradeHold ➝ BuyHigh
i
10/23/2020Morgan StanleyBoost Price TargetEqual Weight$26.00 ➝ $28.00Low
i
9/17/2020Bank of AmericaBoost Price TargetBuy$34.00 ➝ $36.00High
i
9/11/2020JPMorgan Chase & Co.Boost Price Target$36.00 ➝ $39.00Medium
i
9/11/2020ArgusBoost Price TargetBuy$34.00 ➝ $38.00Medium
i
7/29/2020BarclaysBoost Price TargetEqual Weight$22.00 ➝ $28.00High
i
7/29/2020CitigroupBoost Price TargetBuy$32.00 ➝ $35.00High
i
7/28/2020140166Reiterated RatingHold$26.00High
i
Rating by Mehdi Hosseini at 140166
7/28/2020OppenheimerInitiated CoverageHoldHigh
i
Rating by Martin Yang at Oppenheimer Holdings Inc.
7/16/2020JPMorgan Chase & Co.UpgradeNeutral ➝ Overweight$25.00 ➝ $36.00Medium
i
6/18/2020JPMorgan Chase & Co.Boost Price TargetNeutral$23.00 ➝ $25.00Low
i
6/10/2020Morgan StanleyBoost Price TargetEqual Weight$24.00 ➝ $26.00Low
i
4/29/2020BarclaysDowngradeOverweight ➝ Equal Weight$26.00 ➝ $22.00Medium
i
4/28/2020140166Reiterated RatingHold$22.00Medium
i
Rating by Mehdi Hosseini at 140166
4/28/2020OppenheimerReiterated RatingHoldMedium
i
4/7/2020Morgan StanleyLower Price TargetEqual Weight$26.00 ➝ $24.00High
i
3/27/2020BarclaysReiterated RatingBuy$26.00Low
i
3/19/2020Morgan StanleyLower Price TargetEqual Weight$33.00 ➝ $26.00Low
i
1/29/2020140166Reiterated RatingHold$25.00High
i
Rating by Mehdi Hosseini at 140166
1/8/2020Morgan StanleyDowngradeOverweight ➝ Equal Weight$34.00 ➝ $33.00Medium
i
Rating by James Faucette at Morgan Stanley
10/30/2019CitigroupReiterated RatingHold ➝ Buy$32.00 ➝ $34.00Low
i
Rating by Asiya Merchant at Citigroup Inc.
10/30/2019Deutsche Bank AktiengesellschaftDowngradeBuy ➝ Hold$33.00 ➝ $30.00Medium
i
Rating by Vijay Bhagavath at Deutsche Bank Aktiengesellschaft
9/18/2019ArgusSet Price TargetBuy$42.00Low
i
Rating by Jim Kelleher at Argus
9/18/2019CitigroupSet Price TargetBuy$32.00Low
i
Rating by Asiya Merchant at Citigroup Inc.
9/18/2019Morgan StanleyLower Price TargetOverweight$37.00 ➝ $34.00Low
i
9/18/2019UBS GroupLower Price TargetNeutral$33.00 ➝ $30.00Low
i
9/17/2019JPMorgan Chase & Co.Set Price TargetHold$30.00Low
i
Rating by Samik Chatterjee at JPMorgan Chase & Co.
9/17/2019BarclaysSet Price TargetBuy$33.00Low
i
Rating by Tim Long at Barclays PLC
9/17/2019Bank of AmericaLower Price TargetBuy$40.00 ➝ $36.00High
i
9/17/2019Cross ResearchDowngradeBuy ➝ HoldHigh
i
8/7/2019BarclaysInitiated CoverageOverweight ➝ Overweight$35.00Medium
i
8/1/2019S&P Equity ResearchDowngradePositive ➝ Neutral$40.00 ➝ $30.00High
i
8/1/2019140166Reiterated RatingPositive ➝ Neutral$40.00 ➝ $30.00High
i
7/31/2019Deutsche Bank AktiengesellschaftSet Price TargetBuy$36.00Low
i
Rating by Vijay Bhagavath at Deutsche Bank Aktiengesellschaft
5/1/2019Bank of AmericaUpgradeNeutral ➝ Buy$32.31Low
i
10/24/2018CitigroupLower Price TargetBuy ➝ Buy$40.00 ➝ $38.00High
i
Rating by Asiya Merchant at Citigroup Inc.
10/23/2018UBS GroupSet Price TargetNeutral ➝ Hold$36.00 ➝ $33.00High
i
Rating by Tejas Venkatesh at UBS Group AG
10/23/2018GuggenheimReiterated RatingBuy$41.00Medium
i
Rating by Rob Cihra at Guggenheim
9/26/2018UBS GroupSet Price TargetHold$36.00Low
i
Rating by Tejas Venkatesh at UBS Group AG
9/20/2018ArgusBoost Price TargetPositive$36.00 ➝ $42.00Low
i
9/14/2018CitigroupUpgradeNeutral ➝ Buy$32.50 ➝ $40.00Medium
i
7/26/2018UBS GroupBoost Price TargetNeutral ➝ Neutral$29.50 ➝ $32.00Low
i
7/26/2018Morgan StanleyBoost Price TargetOverweight ➝ Overweight$34.00 ➝ $35.00High
i
7/25/2018GuggenheimReiterated RatingBuyHigh
i
Rating by Rob Cihra at Guggenheim
6/20/2018The Goldman Sachs GroupUpgradeSell ➝ Neutral$29.00Low
i
5/31/2018Morgan StanleyUpgradeEqual Weight ➝ OverweightHigh
i
5/10/2018GuggenheimSet Price TargetBuy$35.00High
i
Rating by Rob Cihra at Guggenheim
5/3/2018JPMorgan Chase & Co.Initiated CoverageNeutral ➝ Neutral$33.00Low
i
4/24/2018GuggenheimReiterated RatingBuy$35.00Medium
i
3/9/2018CitigroupLower Price TargetNeutral ➝ Neutral$35.00 ➝ $32.00Low
i
1/31/2018OppenheimerReiterated RatingHoldLow
i
1/30/2018GuggenheimReiterated RatingBuyHigh
i
1/25/2018CitigroupBoost Price TargetNeutral ➝ Neutral$33.00 ➝ $35.00Low
i
1/10/2018BarclaysSet Price TargetBuy$38.00Low
i
Rating by Joseph Wolf at Barclays PLC
12/12/2017GuggenheimReiterated RatingBuy$35.00Low
i
10/25/2017CitigroupBoost Price TargetNeutral$30.00 ➝ $32.00N/A
i
10/25/2017Deutsche Bank AktiengesellschaftBoost Price TargetBuy$33.00 ➝ $35.00N/A
i
10/25/2017OppenheimerReiterated RatingHoldN/A
i
Rating by Andrew Uerkwitz at Oppenheimer Holdings Inc.
10/24/2017GuggenheimReiterated RatingBuy$35.00N/A
i
10/6/2017Jefferies Financial GroupReiterated RatingHold$29.50N/A
i
9/21/2017GuggenheimReiterated RatingBuy$35.00Low
i
8/24/2017140166Reiterated RatingPositive$35.00Low
i
8/15/2017GuggenheimReiterated RatingBuy$35.00Low
i
8/15/2017The Goldman Sachs GroupDowngradeNeutral ➝ Sell$29.00 ➝ $26.00High
i
Rating by Doug Clark at The Goldman Sachs Group, Inc.
7/27/2017Jefferies Financial GroupReiterated RatingHold$29.50Low
i
7/27/2017OppenheimerReiterated RatingHoldHigh
i
Rating by Andrew Uerkwitz at Oppenheimer Holdings Inc.
7/26/2017Drexel HamiltonReiterated RatingSell$17.50High
i
7/14/2017Jefferies Financial GroupReiterated RatingHold$27.50Low
i
7/13/2017140166Reiterated RatingPositiveLow
i
Rating by Mehdi Hosseini at 140166
6/19/2017Morgan StanleyReiterated RatingEqual Weight$26.00 ➝ $29.00Low
i
6/19/2017Drexel HamiltonReiterated RatingSellMedium
i
4/29/2017Deutsche Bank AktiengesellschaftReiterated RatingBuy$30.00 ➝ $33.00Low
i
4/28/2017Jefferies Financial GroupBoost Price TargetHold$24.50 ➝ $27.50Low
i
4/26/2017140166Reiterated RatingPositive$32.00 ➝ $33.00Low
i
Rating by Mehdi Hosseini at 140166
4/26/2017The Goldman Sachs GroupReiterated RatingNeutral$29.00Low
i
Rating by Doug Clark at The Goldman Sachs Group, Inc.
4/26/2017Drexel HamiltonBoost Price TargetSell$14.50 ➝ $17.50Low
i
4/19/2017Stifel NicolausReiterated RatingHold$28.00Low
i
4/12/2017Stifel NicolausReiterated RatingHold$26.00Medium
i
3/31/2017CitigroupDowngradeBuy ➝ Neutral$28.00 ➝ $29.00High
i
3/21/2017140166Reiterated RatingPositive$32.00 ➝ $31.00Medium
i
Rating by Mehdi Hosseini at 140166
3/14/2017The Goldman Sachs GroupDowngradeBuy ➝ Neutral$29.00High
i
Rating by Doug Clark at The Goldman Sachs Group, Inc.
2/1/2017Sanford C. BernsteinDowngradeOutperform ➝ Market Perform$26.00N/A
i
1/31/2017Wells Fargo & CompanyReiterated RatingMarket PerformN/A
i
1/25/2017140166Boost Price TargetPositive$27.00 ➝ $31.00N/A
i
Rating by Mehdi Hosseini at 140166
1/25/2017UBS GroupReiterated RatingNeutral$23.50 ➝ $26.00N/A
i
1/25/2017BarclaysBoost Price TargetOverweight$26.00 ➝ $28.00N/A
i
1/25/2017Jefferies Financial GroupBoost Price TargetHold$21.00 ➝ $24.50N/A
i
1/24/2017Drexel HamiltonReiterated RatingSell$14.50N/A
i
1/24/2017Bank of AmericaUpgradeUnderperform ➝ NeutralN/A
i
1/20/2017140166Reiterated RatingPositive$27.00N/A
i
Rating by Mehdi Hosseini at 140166
1/18/2017Deutsche Bank AktiengesellschaftBoost Price TargetBuy$26.00 ➝ $28.00N/A
i
1/4/2017GuggenheimInitiated CoverageBuy$28.00N/A
i
12/21/2016Wells Fargo & CompanyInitiated CoverageMarket PerformN/A
i
11/2/2016The Goldman Sachs GroupReiterated RatingConviction-Buy ➝ Buy$27.00N/A
i
Rating by Doug Clark at The Goldman Sachs Group, Inc.
10/26/2016Deutsche Bank AktiengesellschaftBoost Price TargetBuy$25.00 ➝ $26.00N/A
i
Rating by Vijay Bhagavath at Deutsche Bank Aktiengesellschaft
10/25/2016Drexel HamiltonReiterated RatingSell$14.50N/A
i
Rating by Brian White at Drexel Hamilton
10/3/2016Deutsche Bank AktiengesellschaftReiterated RatingBuyN/A
i
Rating by Vijay Bhagavath at Deutsche Bank Aktiengesellschaft
9/28/2016140166Reiterated RatingPositive$25.00 ➝ $27.00N/A
i
9/21/2016Bank of AmericaReiterated RatingSell$17.50N/A
i
Rating by Wamsi Mohan at Bank of America Co.
8/26/2016The Goldman Sachs GroupReiterated RatingBuyN/A
i
Rating by Doug Clark at The Goldman Sachs Group, Inc.
8/26/2016CitigroupBoost Price TargetBuy$23.00 ➝ $26.00N/A
i
Rating by Stanley Kovler at Citigroup Inc.
7/28/2016UBS GroupBoost Price TargetNeutral$19.00 ➝ $21.50N/A
i
Rating by Steven Milunovich at UBS Group AG
7/7/2016The Goldman Sachs GroupUpgradeBuy ➝ Conviction-Buy$27.00N/A
i
Rating by Doug Clark at The Goldman Sachs Group, Inc.
6/20/2016CitigroupInitiated CoverageBuy$23.00N/A
i
6/13/2016Standpoint ResearchDowngradeBuy ➝ HoldN/A
i
6/12/2016ArgusReiterated RatingBuyN/A
i
Rating by Jim Kelleher at Argus
6/10/2016Bank of AmericaDowngradeNeutral ➝ Underperform$42.00 ➝ $28.00N/A
i
Rating by Wamsi Mohan at Bank of America Co.
6/10/2016Drexel HamiltonDowngradeHold ➝ Sell$21.03 ➝ $14.50N/A
i
6/4/2016UBS GroupReiterated RatingHoldN/A
i
Rating by Steven Milunovich at UBS Group AG
6/4/2016Deutsche Bank AktiengesellschaftReiterated RatingBuyN/A
i
Rating by Vijay Bhagavath at Deutsche Bank Aktiengesellschaft
5/16/2016Sterne Agee CRTReiterated RatingNeutralN/A
i
Rating by R. Cihra at Sterne Agee CRT
5/10/2016Deutsche Bank AktiengesellschaftReiterated RatingBuy$22.50N/A
i
Rating by Vijay Bhagavath at Deutsche Bank Aktiengesellschaft
5/4/2016Bank of AmericaReiterated RatingSellN/A
i
Rating by Wamsi Mohan at Bank of America Co.
4/28/2016ArgusReiterated RatingBuyN/A
i
4/27/2016Jefferies Financial GroupReiterated RatingHoldN/A
i
Rating by George Notter at Jefferies Financial Group Inc.
4/27/2016Drexel HamiltonReiterated RatingHoldN/A
i
4/27/2016140166Reiterated RatingPositive$24.00 ➝ $23.00N/A
i
Rating by Mehdi Hosseini at 140166
4/26/2016Morgan StanleyReiterated RatingHoldN/A
i
Rating by James Faucette at Morgan Stanley
4/18/2016Deutsche Bank AktiengesellschaftReiterated RatingBuyN/A
i
Rating by Vijay Bhagavath at Deutsche Bank Aktiengesellschaft
4/12/2016UBS GroupReiterated RatingHold$18.00N/A
i
4/12/2016The Goldman Sachs GroupUpgradeNeutral ➝ Buy$19.00 ➝ $26.00N/A
i
4/9/2016Bank of AmericaReiterated RatingSellN/A
i
Rating by Wamsi Mohan at Bank of America Co.
4/8/2016Deutsche Bank AktiengesellschaftReiterated RatingBuy$21.00 ➝ $23.00N/A
i
Rating by Vijay Bhagavath at Deutsche Bank Aktiengesellschaft
3/28/2016140166Boost Price TargetPositive$22.00 ➝ $24.00N/A
i
Rating by Mehdi Hosseini at 140166
3/22/2016Drexel HamiltonReiterated RatingHold$16.50N/A
i
2/8/2016Deutsche Bank AktiengesellschaftReiterated RatingBuyN/A
i
Rating by Vijay Bhagavath at Deutsche Bank Aktiengesellschaft
1/28/2016OppenheimerReiterated RatingMarket PerformN/A
i
1/26/2016140166Reiterated RatingBuyN/A
i
Rating by Mehdi Hosseini at 140166
1/26/2016Drexel HamiltonLower Price TargetHold$16.50 ➝ $15.75N/A
i
1/22/2016UBS GroupLower Price TargetNeutral$19.00 ➝ $18.00N/A
i
(Data available from 1/20/2016 forward)
Corning logo
Corning Incorporated engages in display technologies, optical communications, environmental technologies, specialty materials, and life sciences businesses worldwide. The company's Display Technologies segment offers glass substrates for organic light-emitting diodes and liquid crystal displays used in televisions, notebook computers, and flat panel desktop monitors. Its Optical Communications segment provides optical fibers and cables; and hardware and equipment products, including cable assemblies, fiber optic hardware and connectors, optical components and couplers, closures, network interface devices, and other accessories for various carrier network applications. This segment also offers operator-grade distributed antenna systems; optical network evolution wireless platform; subscriber demarcation, connection and protection devices, various digital subscriber line passive solutions, and outside plant enclosures; and coaxial RF interconnects for the cable television industry and microwave applications. The company's Environmental Technologies segment offers ceramic substrates and filter products for emissions control in mobile, gasoline, and diesel applications. Its Specialty Materials segment manufactures products that provide material formulations for glass, glass ceramics, and fluoride crystals. The company's Life Sciences segment offers laboratory products comprising consumables, such as plastic vessels, specialty surfaces, cell culture media, and serum, as well as general labware and equipment under the Corning, Falcon, Pyrex, and Axygen brands. It also offers pharmaceutical glass tubing and packages. Corning Incorporated has a strategic collaboration with Intel Corporation to accelerate the availability of 5G in buildings; and collaboration with Pixelligent. The company was formerly known as Corning Glass Works and changed its name to Corning Incorporated in April 1989. Corning Incorporated was founded in 1851 and is headquartered in Corning, New York.
Read More

Today's Range

Now: $38.45
$38.12
$38.84

50 Day Range

MA: $36.79
$34.92
$38.53

52 Week Range

Now: $38.45
$17.44
$38.84

Volume

3,218,224 shs

Average Volume

4,452,584 shs

Market Capitalization

$29.38 billion

P/E Ratio

192.25

Dividend Yield

2.28%

Beta

1.16

Frequently Asked Questions

What sell-side analysts currently cover shares of Corning?

The following sell-side analysts have issued research reports on Corning in the last twelve months: 140166, Argus, Bank of America Co., Barclays PLC, Citigroup Inc., Cross Research, JPMorgan Chase & Co., Morgan Stanley, Oppenheimer Holdings Inc., TheStreet, UBS Group AG, and Zacks Investment Research.

What is the current price target for Corning?

8 Wall Street analysts have set twelve-month price targets for Corning in the last year. Their average twelve-month price target is $36.88, suggesting a possible downside of 4.5%. Barclays PLC has the highest price target set, predicting GLW will reach $44.00 in the next twelve months. 140166 has the lowest price target set, forecasting a price of $26.00 for Corning in the next year.

What is the current consensus analyst rating for Corning?

Corning currently has 4 hold ratings and 6 buy ratings from Wall Street analysts. The stock has a consensus analyst rating of "Buy." A "buy" rating indicates that analysts believe GLW will outperform the market and that investors should add to their positions of Corning.

What other companies compete with Corning?

Other companies that are similar to Corning include Amphenol, Dolby Laboratories, Littelfuse, Vishay Intertechnology and Rogers.

How do I contact Corning's investor relations team?

Corning's physical mailing address is ONE RIVERFRONT PLAZA, CORNING NY, 14831. The electronics maker's listed phone number is 607-974-9000 and its investor relations email address is irinfo@corning.com. The official website for Corning is www.corning.com.