Corning Incorporated (GLW)
NYSE: GLW · Real-Time Price · USD
49.83
+0.68 (1.37%)
Dec 5, 2024, 2:09 PM EST - Market open
Corning Stock Forecast
Stock Price Forecast
The 12 analysts with 12-month price forecasts for Corning stock have an average target of 51.17, with a low estimate of 39 and a high estimate of 60. The average target predicts an increase of 2.70% from the current stock price of 49.83.
Analyst Consensus: Buy
* Price targets were last updated on Oct 30, 2024.
Analyst Ratings
The average analyst rating for Corning stock from 12 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 | Jun '24 | Jul '24 | Aug '24 | Sep '24 | Oct '24 | Nov '24 |
---|---|---|---|---|---|---|
Strong Buy | 2 | 4 | 4 | 4 | 4 | 4 |
Buy | 5 | 4 | 5 | 5 | 5 | 5 |
Hold | 5 | 4 | 3 | 3 | 3 | 3 |
Sell | 0 | 0 | 0 | 0 | 0 | 0 |
Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
Total | 12 | 12 | 12 | 12 | 12 | 12 |
Latest Forecasts
Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
---|---|---|---|---|---|---|---|
Oppenheimer | Oppenheimer | Buy Reiterates $51 → $58 | Buy | Reiterates | $51 → $58 | +16.41% | Oct 30, 2024 |
JP Morgan | JP Morgan | Buy Maintains $55 → $60 | Buy | Maintains | $55 → $60 | +20.42% | Oct 30, 2024 |
UBS | UBS | Hold Maintains $46 → $51 | Hold | Maintains | $46 → $51 | +2.36% | Oct 30, 2024 |
Deutsche Bank | Deutsche Bank | Strong Buy Maintains $49 → $54 | Strong Buy | Maintains | $49 → $54 | +8.38% | Oct 30, 2024 |
Barclays | Barclays | Hold Maintains $40 → $53 | Hold | Maintains | $40 → $53 | +6.37% | Oct 29, 2024 |
Financial Forecast
Revenue This Year
14.49B
from 12.59B
Increased by 15.09%
Revenue Next Year
15.47B
from 14.49B
Increased by 6.78%
EPS This Year
1.97
from 0.68
Increased by 189.98%
EPS Next Year
2.33
from 1.97
Increased by 18.11%
Revenue Forecast
Revenue | 2024 | 2025 | 2026 |
---|---|---|---|
High | 15.1B | 16.6B | 17.8B |
Avg | 14.5B | 15.5B | 16.6B |
Low | 14.0B | 14.6B | 15.7B |
Revenue Growth
Revenue Growth | 2024 | 2025 | 2026 |
---|---|---|---|
High | 20.0% | 14.7% | 15.1% |
Avg | 15.1% | 6.8% | 7.3% |
Low | 11.0% | 0.6% | 1.7% |
EPS Forecast
EPS | 2024 | 2025 | 2026 | 2027 | 2028 |
---|---|---|---|---|---|
High | 2.09 | 2.52 | 3.15 | ||
Avg | 1.97 | 2.33 | 2.67 | ||
Low | 1.90 | 2.19 | 2.39 |
EPS Growth
EPS Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
---|---|---|---|---|---|
High | 207.3% | 27.8% | 35.3% | ||
Avg | 190.0% | 18.1% | 14.6% | ||
Low | 179.6% | 10.8% | 2.7% |
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.