Corning Incorporated (GLW)
NYSE: GLW · Real-Time Price · USD
43.88
+0.91 (2.12%)
Apr 24, 2025, 4:00 PM EDT - Market closed
Corning Stock Forecast
Stock Price Forecast
The 13 analysts with 12-month price forecasts for Corning stock have an average target of 52.92, with a low estimate of 45 and a high estimate of 68. The average target predicts an increase of 20.60% from the current stock price of 43.88.
Analyst Consensus: Buy
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 |
|---|---|---|---|---|---|---|---|
| JP Morgan | JP Morgan | Buy Maintains $62 → $50 | Buy | Maintains | $62 → $50 | +13.95% | Apr 17, 2025 |
| Citigroup | Citigroup | Strong Buy Maintains $58 → $50 | Strong Buy | Maintains | $58 → $50 | +13.95% | Apr 14, 2025 |
| B of A Securities | B of A Securities | Strong Buy Maintains $65 → $68 | Strong Buy | Maintains | $65 → $68 | +54.97% | Mar 19, 2025 |
| HSBC | HSBC | Hold → Strong Buy Upgrades $51 → $60 | Hold → Strong Buy | Upgrades | $51 → $60 | +36.74% | Jan 30, 2025 |
| Barclays | Barclays | Hold Maintains $53 → $52 | Hold | Maintains | $53 → $52 | +18.51% | Jan 29, 2025 |
Financial Forecast
Revenue This Year
15.70B
from 13.12B
Increased by 19.69%
Revenue Next Year
16.90B
from 15.70B
Increased by 7.64%
EPS This Year
2.36
from 0.58
Increased by 307.16%
EPS Next Year
2.74
from 2.36
Increased by 15.92%
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 | 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.