Corning Stock Forecast

Stock Price Forecast

The 13 analysts with 12-month price forecasts for Corning stock have an average target of 54.31, with a low estimate of 45 and a high estimate of 68. The average target predicts an increase of 28.06% from the current stock price of 42.41.

Analyst Consensus: Buy

Target	Low	Average	Median	High
Price	$45	$54.31	$54	$68
Change	+6.11%	+28.06%	+27.33%	+60.34%

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	Nov '24	Dec '24	Jan '25	Feb '25	Mar '25	Apr '25
Strong Buy	4	4	5	5	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	13	13	13	13

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Wamsi Mohan B of A Securities	B of A Securities	Strong Buy Maintains $65 → $68	Strong Buy	Maintains	$65 → $68	+60.34%	Mar 19, 2025
Stephen Bersey HSBC	HSBC	Hold → Strong Buy Upgrades $51 → $60	Hold → Strong Buy	Upgrades	$51 → $60	+41.48%	Jan 30, 2025
Tim Long Barclays	Barclays	Hold Maintains $53 → $52	Hold	Maintains	$53 → $52	+22.61%	Jan 29, 2025
Asiya Merchant Citigroup	Citigroup	Strong Buy Maintains $55 → $58	Strong Buy	Maintains	$55 → $58	+36.76%	Jan 21, 2025
Meta Marshall Morgan Stanley	Morgan Stanley	Hold Maintains $39 → $48	Hold	Maintains	$39 → $48	+13.18%	Dec 17, 2024

More Analyst Ratings

Financial Forecast

Revenue This Year

15.70B

from 13.12B

19.69%

from 13.12B

Revenue Next Year

16.90B

from 15.70B

7.64%

from 15.70B

EPS This Year

2.37

from 0.58

308.64%

from 0.58

EPS Next Year

2.74

from 2.37

15.49%

from 2.37

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	15.70B	16.90B	17.87B
Revenue Growth	-1.74%	24.59%	0.76%	-11.28%	4.21%	19.69%	7.64%	5.73%
EPS	0.54	1.28	1.54	0.68	0.58	2.37	2.74	2.98
EPS Growth	-49.43%	137.04%	20.31%	-55.84%	-14.71%	308.64%	15.49%	8.78%
Forward PE	-	-	-	-	-	17.89	15.49	14.24
No. Analysts	-	-	-	-	-	17	17	10

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

Revenue Forecast

Revenue	2025	2026	2027
High	16.7B	18.5B	19.1B
Avg	15.7B	16.9B	17.9B
Low	14.7B	15.6B	16.7B

Revenue Growth

Revenue Growth	2025	2026	2027
High	27.4%	17.6%	13.1%
Avg	19.7%	7.6%	5.7%
Low	12.3%	-0.4%	-1.3%

EPS Forecast

EPS	2025	2026	2027
High	2.63	3.15	3.30
Avg	2.37	2.74	2.98
Low	2.20	2.50	2.70

EPS Growth

EPS Growth	2025	2026	2027
High	352.6%	32.9%	20.4%
Avg	308.6%	15.5%	8.8%
Low	278.5%	5.4%	-1.5%

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.