Corning Incorporated (GLW)

Corning Stock Forecast

Stock Price Forecast

According to 13 professional analysts, the 12-month price target for Corning stock ranges from a low of $45 to a high of $68. The average analyst price target of $52.69 forecasts a 10.65% increase in the stock price over the next year.

Price Target: $52.69 (+10.65%)

Analyst Consensus: Buy

Target	Low	Average	Median	High
Price	$45	$52.69	$51	$68
Change	-5.50%	+10.65%	+7.10%	+42.80%

Analyst Ratings

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

Recommendation Trends

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

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Martin Yang Oppenheimer	Oppenheimer	Buy Maintains $58 → $55	Buy	Maintains	$58 → $55	+15.50%	Apr 30, 2025
Samik Chatterjee JP Morgan	JP Morgan	Buy Maintains $62 → $50	Buy	Maintains	$62 → $50	+5.00%	Apr 17, 2025
Asiya Merchant Citigroup	Citigroup	Strong Buy Maintains $58 → $50	Strong Buy	Maintains	$58 → $50	+5.00%	Apr 14, 2025
Wamsi Mohan B of A Securities	B of A Securities	Strong Buy Maintains $65 → $68	Strong Buy	Maintains	$65 → $68	+42.80%	Mar 19, 2025
Stephen Bersey HSBC	HSBC	Hold → Strong Buy Upgrades $51 → $60	Hold → Strong Buy	Upgrades	$51 → $60	+26.00%	Jan 30, 2025

More Analyst Ratings

Financial Forecast

Revenue This Year

15.71B

Increased by 19.78%

from 13.12B

Revenue Next Year

16.85B

Increased by 7.23%

from 15.71B

EPS This Year

2.36

Increased by 307.16%

from 0.58

EPS Next Year

2.74

Increased by 15.92%

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	15.71B	16.85B	17.86B
Revenue Growth	-1.74%	24.59%	0.76%	-11.28%	4.21%	19.78%	7.23%	5.98%
EPS	0.54	1.28	1.54	0.68	0.58	2.36	2.74	3.02
EPS Growth	-49.43%	137.04%	20.31%	-55.84%	-14.71%	307.16%	15.92%	10.26%
Forward PE	-	-	-	-	-	20.16	17.40	15.78
No. Analysts	-	-	-	-	-	17	17	10

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

Revenue Forecast

Revenue	2025	2026	2027
High	16.5B	18.2B	19.0B
Avg	15.7B	16.8B	17.9B
Low	15.1B	15.6B	17.0B

Revenue Growth

Revenue Growth	2025	2026	2027
High	25.5%	15.6%	13.0%
Avg	19.8%	7.2%	6.0%
Low	15.0%	-0.8%	0.8%

EPS Forecast

EPS	2025	2026	2027	2028	2029
High	2.60	3.03	3.30
Avg	2.36	2.74	3.02
Low	2.20	2.50	2.72

EPS Growth

EPS Growth	2025	2026	2027	2028	2029
High	349.0%	28.5%	20.4%
Avg	307.2%	15.9%	10.3%
Low	278.5%	5.8%	-0.5%

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.