Corning Incorporated (GLW)

Corning Stock Forecast

Stock Price Forecast

The 13 analysts with 12-month price forecasts for Corning stock have an average target of 53, with a low estimate of 45 and a high estimate of 60. The average target predicts an increase of 9.84% from the current stock price of 48.25.

Analyst Consensus: Buy

Target	Low	Average	Median	High
Price	$45	$53	$52	$60
Change	-6.74%	+9.84%	+7.77%	+24.35%

* Price targets were last updated on Jan 30, 2025.

Analyst Ratings

The average analyst rating for Corning stock from 13 stock analysts is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.

Recommendation Trends

Rating	Sep '24	Oct '24	Nov '24	Dec '24	Jan '25	Feb '25
Strong Buy	4	4	4	4	5	5
Buy	5	5	5	5	5	5
Hold	3	3	3	3	3	3
Sell	0	0	0	0	0	0
Strong Sell	0	0	0	0	0	0
Total	12	12	12	12	13	13

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Stephen Bersey HSBC	HSBC	Hold → Strong Buy Upgrades $51 → $60	Hold → Strong Buy	Upgrades	$51 → $60	+24.35%	Jan 30, 2025
Tim Long Barclays	Barclays	Hold Maintains $53 → $52	Hold	Maintains	$53 → $52	+7.77%	Jan 29, 2025
Asiya Merchant Citigroup	Citigroup	Strong Buy Maintains $55 → $58	Strong Buy	Maintains	$55 → $58	+20.21%	Jan 21, 2025
Meta Marshall Morgan Stanley	Morgan Stanley	Hold Maintains $39 → $48	Hold	Maintains	$39 → $48	-0.52%	Dec 17, 2024
Martin Yang Oppenheimer	Oppenheimer	Buy Reiterates $51 → $58	Buy	Reiterates	$51 → $58	+20.21%	Oct 30, 2024

More Analyst Ratings

Financial Forecast

Revenue This Year

15.60B

Increased by 18.90%

from 13.12B

Revenue Next Year

16.68B

Increased by 6.92%

from 15.60B

EPS This Year

2.36

Increased by 307.68%

from 0.58

EPS Next Year

2.72

Increased by 14.90%

from 2.36

Fiscal Year	FY 2020	FY 2021	FY 2022	FY 2023	FY 2024	FY 2025	FY 2026	FY 2027
Period Ending	Dec 31, 2020	Dec 31, 2021	Dec 31, 2022	Dec 31, 2023	Dec 31, 2024	Dec 31, 2025	Dec 31, 2026	Dec 31, 2027
Revenue	11.30B	14.08B	14.19B	12.59B	13.12B	15.60B	16.68B	17.72B
Revenue Growth	-1.74%	24.59%	0.76%	-11.28%	4.21%	18.90%	6.92%	6.23%
EPS	0.54	1.28	1.54	0.68	0.58	2.36	2.72	2.94
EPS Growth	-49.43%	137.04%	20.31%	-55.84%	-14.71%	307.68%	14.90%	8.09%
Forward PE	-	-	-	-	-	20.41	17.76	16.43
No. Analysts	-	-	-	-	-	18	18	9

Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue	2025	2026	2027
High	16.4B	17.8B	18.9B
Avg	15.6B	16.7B	17.7B
Low	14.7B	15.6B	16.7B

Revenue Growth

Revenue Growth	2025	2026	2027
High	25.2%	14.3%	13.1%
Avg	18.9%	6.9%	6.2%
Low	12.3%	0.2%	0.1%

EPS Forecast

EPS	2025	2026	2027	2028
High	2.63	3.26	3.29
Avg	2.36	2.72	2.94
Low	2.20	2.46	2.70

EPS Growth

EPS Growth	2025	2026	2027	2028
High	352.6%	37.7%	21.1%
Avg	307.7%	14.9%	8.1%
Low	278.5%	4.0%	-0.8%

Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.