JPMorgan Chase & Co. Forecasts Strong Price Appreciation for Corning (NYSE:GLW) Stock

Corning (NYSE:GLW) had its price target raised by investment analysts at JPMorgan Chase & Co. from $100.00 to $115.00 in a research report issued on Wednesday,Benzinga reports. The brokerage currently has an “overweight” rating on the electronics maker’s stock. JPMorgan Chase & Co.‘s price target suggests a potential upside of 9.94% from the company’s current price.

Several other research analysts have also recently commented on the stock. Zacks Research cut shares of Corning from a “strong-buy” rating to a “hold” rating in a report on Friday, November 21st. Barclays boosted their target price on shares of Corning from $65.00 to $83.00 and gave the company an “equal weight” rating in a research note on Wednesday, October 29th. Citigroup raised their target price on Corning from $99.00 to $102.00 and gave the stock a “buy” rating in a research report on Monday, January 12th. Wolfe Research set a $130.00 price target on Corning and gave the company an “outperform” rating in a research report on Tuesday. Finally, UBS Group restated a “buy” rating and set a $109.00 price objective (up from $100.00) on shares of Corning in a research report on Friday, November 21st. One investment analyst has rated the stock with a Strong Buy rating, eleven have given a Buy rating and three have issued a Hold rating to the stock. According to MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average price target of $97.67.

Corning Price Performance

NYSE GLW traded down $5.14 on Wednesday, reaching $104.60. 14,358,235 shares of the stock traded hands, compared to its average volume of 7,002,015. Corning has a 12 month low of $37.31 and a 12 month high of $113.99. The company has a market cap of $89.68 billion, a price-to-earnings ratio of 66.28, a P/E/G ratio of 1.67 and a beta of 1.13. The firm’s fifty day simple moving average is $88.50 and its 200 day simple moving average is $79.29. The company has a quick ratio of 1.00, a current ratio of 1.56 and a debt-to-equity ratio of 0.62.

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

Insider Buying and Selling at Corning

In other Corning news, EVP Lewis A. Steverson sold 23,142 shares of the business’s stock in a transaction on Friday, October 31st. The shares were sold at an average price of $89.05, for a total transaction of $2,060,795.10. Following the completion of the transaction, the executive vice president owned 17,575 shares of the company’s stock, valued at $1,565,053.75. The trade was a 56.84% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, CFO Edward A. Schlesinger sold 20,893 shares of Corning stock in a transaction dated Friday, October 31st. The stock was sold at an average price of $91.25, for a total value of $1,906,486.25. Following the completion of the transaction, the chief financial officer owned 66,959 shares in the company, 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. Company insiders own 0.32% of the company’s stock.

Institutional Inflows and Outflows

A number of large investors have recently made changes to their positions in GLW. Hartline Investment Corp raised its position in shares of Corning by 113.2% during the third quarter. Hartline Investment Corp now owns 295,362 shares of the electronics maker’s stock worth $24,229,000 after acquiring an additional 156,843 shares during the last quarter. Vanguard Group Inc. raised its holdings in Corning by 1.6% during the 2nd quarter. Vanguard Group Inc. now owns 97,952,109 shares of the electronics maker’s stock worth $5,151,301,000 after purchasing an additional 1,582,895 shares during the last quarter. Schroder Investment Management Group lifted its position in shares of Corning by 638.0% in the 2nd quarter. Schroder Investment Management Group now owns 546,407 shares of the electronics maker’s stock worth $28,736,000 after purchasing an additional 472,365 shares during the period. Motley Fool Asset Management LLC boosted its stake in shares of Corning by 10.5% in the 2nd quarter. Motley Fool Asset Management LLC now owns 44,037 shares of the electronics maker’s stock valued at $2,316,000 after purchasing an additional 4,183 shares during the last quarter. Finally, Jefferies Financial Group Inc. grew its holdings in Corning by 33.2% during the 2nd quarter. Jefferies Financial Group Inc. now owns 180,606 shares of the electronics maker’s stock worth $9,498,000 after acquiring an additional 44,994 shares during the period. Institutional investors and hedge funds own 69.80% of the company’s stock.

Corning News Roundup

Here are the key news stories impacting Corning this week:

• Positive Sentiment: Huge Meta multiyear fiber?optic deal — Meta will pay Corning up to $6 billion through 2030 for fiber?optic cable to support AI data centers, which materially expands Corning’s addressable market and gives multi?year revenue visibility. Meta and Corning Deal
• Positive Sentiment: Q4 results beat and strong optical demand — Corning reported $0.72 EPS and $4.41B revenue, topping estimates; Optical Communications surged ~24% on strong Gen?AI/data?center demand, boosting margin and revenue growth. Earnings Beat Article
• Positive Sentiment: Record 2025 results and upgraded plan — Management reported record Q4 and full?year results and upgraded its Springboard growth plan, signaling confidence in sustained sales expansion. Business Wire Release
• Neutral Sentiment: Q1 guidance roughly in line — Corning gave Q1 EPS guidance of $0.660–0.700 and revenue around $4.2–4.3B, which overlaps consensus and was described as above sales estimates by some outlets — supportive but not an aggressive upward re?rate. Reuters Guidance Article
• Negative Sentiment: Profit?taking after a sharp rally and high valuation — The stock had surged on the Meta deal and hit 52?week highs; after the earnings release some investors sold into strength. Corning’s current PE is elevated, increasing sensitivity to any guidance ambiguity or short?term revenue timing concerns. Investor Coverage

About Corning

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.