15-min delayed · Sep 9, 3:45 PM ET · Get real-time quotes →
The Quantellect read.Of the 11 firms covering Corning Incorporated, 8 rate it Buy or better, 3 sit at Hold, and 0 rate it Sell or worse, a moderate buy consensus. Targets range widely, $110.00 to $243.00 (about 2.2x), a sign of real disagreement on valuation. The average target of $184.55 sits 9% above the current $168.58. The rating mix has held broadly steady over recent months. On the fundamentals, the Street sees consensus EPS building from about $0.92 next quarter toward $4.32 the year after.Descriptive synthesis of third-party analyst data, not a Quantellect rating or recommendation.
ANALYST CONSENSUS11 ratings
Moderate Buy
Strong Buy00%
Buy873%
Hold327%
Sell00%
Strong Sell00%
Based on 11 analysts giving stock ratings to Corning Incorporated.
As of Sep, 8 of 11 firms rate GLW a Buy (3 Hold, 0 Sell), the standing distribution of every covering firm's most recent active call.
GLW EPS & revenue forecast
EPS · NEXT QUARTER
$0.92
Range $0.87 – $0.99 · 12 analysts · +27% YoY
Next period, 12 analysts expect Corning Incorporated to earn $0.92 a share (range $0.87 – $0.99), versus $0.72 a year earlier. Full-year consensus is $3.27, growing to $4.32 the year after.
REVENUE · NEXT QUARTER
$5.1B
Range $5.0B – $5.2B · 12 analysts · +16% YoY
Revenue is expected to reach $5.1B (range $5.0B – $5.2B), +15.9% year-over-year. Full-year consensus is $19.2B, rising to $22.9B next year.
Top analysts covering Corning Incorporated
Ranked by each analyst's overall Quantellect track record across all the stocks they cover, shown with their current call on GLW.
#1
Joshua Spector
UBS · Rank #40
Buy
$196.00+16.3% to target
Overall win rate
51%
+ Follow
#2
Samik Chatterjee
JP Morgan · Rank #59
Hold
$170.00+0.8% to target
Overall win rate
49%
+ Follow
#3
AM
Asiya Merchant
Citigroup
Buy
$220.00+30.5% to target
Coverage
—
+ Follow
#4
Meta Marshall
Morgan Stanley
Hold
$165.00-2.1% to target
Coverage
—
+ Follow
#5
MN
Matthew Niknam
Truist Securities
Buy
$175.00+3.8% to target
Coverage
—
+ Follow
GLW stock forecast FAQ
What is GLW's average 12-month price target?+
The 11 analysts with a live target average $184.55 for Corning Incorporated over the next 12 months, ranging from a $243.00 high to a $110.00 low.
Is GLW stock a Buy, Sell or Hold right now?+
The current consensus is Moderate Buy. Of the 11 analyst ratings, 8 are Buy or Strong Buy, 3 are Hold, and 0 are Sell or Strong Sell.
What are the highest and lowest price targets for GLW?+
The Street-high target is $243.00 (B of A Securities), and the Street-low is $110.00 (Argus Research). The average of all 11 active targets is $184.55.
How many Wall Street analysts cover GLW?+
11 analysts have an active rating on Corning Incorporated, and 11 firms carry a live 12-month price target.
Who is the most accurate analyst covering GLW?+
Among analysts who currently cover GLW, Joshua Spector of UBS has the strongest overall Quantellect track record (Rank #40). Their current call is Buy with a $196.00 target.
What is Corning Incorporated's projected EPS for next quarter?+
The consensus estimate is $0.92 per share (range $0.87 – $0.99) across 12 analysts. Full-year EPS is projected at $3.27, rising to $4.32 the following year.
How much revenue is Corning Incorporated expected to report next quarter?+
Consensus revenue is $5.1B (range $5.0B – $5.2B). Full-year revenue is projected at $19.2B, growing to $22.9B next year.
Have analysts been upgrading or downgrading GLW lately?+
As of Sep, 8 of 11 firms rate GLW a Buy (3 Hold, 0 Sell), the standing distribution of every covering firm's most recent active call.
How are the analysts on this page ranked?+
By each analyst's overall Quantellect track record — a sample-adjusted measure of how accurate their calls have been across every stock they cover. We do not rank on their GLW calls alone, since a single stock is too small a sample to be reliable.
Which data on this page is live, and how often does it update?+
Price and daily change are 15-minute delayed market data. Analyst ratings, targets, consensus and earnings estimates are aggregated from multiple data providers and refresh daily.
Disclaimer: Ratings, price targets, consensus and earnings estimates on this page describe third-party analyst research aggregated from multiple data providers and refreshed daily; price and daily change are 15-minute delayed. These are historical opinions, not recommendations, and nothing on this page, including The Quantellect read, is a rating, a price target, or investment advice from Quantellect. Always do your own research and consult a licensed financial advisor before making investment decisions.
