Corning (NYSE:GLW) Price Target Raised to $155.00

Corning (NYSE:GLW) had its price objective lifted by Bank of America from $144.00 to $155.00 in a research report report published on Monday,Benzinga reports. Bank of America currently has a buy rating on the electronics maker’s stock.

Several other analysts have also recently commented on the stock. Morgan Stanley raised their price target on shares of Corning from $103.00 to $127.00 and gave the stock an “equal weight” rating in a report on Monday, February 23rd. Wolfe Research set a $130.00 price objective on shares of Corning and gave the company an “outperform” rating in a research note on Tuesday, January 27th. HSBC reiterated a “buy” rating and issued a $135.00 target price on shares of Corning in a research report on Friday, February 13th. Citigroup boosted their price target on shares of Corning from $120.00 to $170.00 and gave the company a “buy” rating in a report on Wednesday, February 25th. Finally, UBS Group increased their price objective on Corning from $125.00 to $160.00 and gave the stock a “buy” rating in a report on Friday, February 20th. Eleven equities research analysts have rated the stock with a Buy rating and four have assigned a Hold rating to the stock. According to MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus price target of $132.67.

Corning Stock Up 2.9%

NYSE:GLW opened at $146.16 on Monday. The business’s fifty day moving average price is $125.03 and its 200 day moving average price is $98.92. The firm has a market capitalization of $125.55 billion, a price-to-earnings ratio of 79.43, a PEG ratio of 2.24 and a beta of 1.05. The company has a current ratio of 1.59, a quick ratio of 1.04 and a debt-to-equity ratio of 0.62. Corning has a 1-year low of $37.31 and a 1-year high of $162.10.

Corning (NYSE:GLW) last announced its quarterly earnings data on Wednesday, January 28th. The electronics maker reported $0.72 EPS for the quarter, topping analysts’ consensus estimates of $0.71 by $0.01. Corning had a return on equity of 18.72% and a net margin of 10.21%.The firm had revenue of $4.41 billion during the quarter, compared to analyst estimates of $4.35 billion. During the same period last year, the company posted $0.57 EPS. The business’s quarterly revenue was up 13.9% compared to the same quarter last year. Corning has set its Q1 2026 guidance at 0.660-0.700 EPS. On average, sell-side analysts forecast that Corning will post 2.33 earnings per share for the current fiscal year.

Corning Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Monday, March 30th. Shareholders of record on Friday, February 27th will be paid a $0.28 dividend. The ex-dividend date is Friday, February 27th. This represents a $1.12 dividend on an annualized basis and a yield of 0.8%. Corning’s payout ratio is 60.87%.

Insider Buying and Selling

In other news, VP John Z. Zhang sold 1,531 shares of the stock in a transaction on Thursday, February 12th. The shares were sold at an average price of $133.75, for a total transaction of $204,771.25. The sale was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, CEO Wendell P. Weeks sold 137,514 shares of Corning stock in a transaction on Thursday, February 26th. The shares were sold at an average price of $155.37, for a total transaction of $21,365,550.18. Following the completion of the sale, the chief executive officer directly owned 750,585 shares of the company’s stock, valued at approximately $116,618,391.45. The trade was a 15.48% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Over the last three months, insiders sold 233,201 shares of company stock valued at $32,614,558. 0.40% of the stock is owned by company insiders.

Institutional Trading of Corning

Several large investors have recently made changes to their positions in the stock. Pinpoint Asset Management Singapore Pte. Ltd. bought a new stake in Corning during the third quarter worth approximately $25,000. Berbice Capital Management LLC bought a new position in shares of Corning in the fourth quarter valued at approximately $26,000. Basepoint Wealth LLC acquired a new stake in shares of Corning in the fourth quarter worth $26,000. Strengthening Families & Communities LLC acquired a new stake in shares of Corning in the third quarter worth $27,000. Finally, Kemnay Advisory Services Inc. bought a new stake in shares of Corning during the 4th quarter worth $27,000. Institutional investors own 69.80% of the company’s stock.

Trending Headlines about Corning

Here are the key news stories impacting Corning this week:

• Positive Sentiment: OFC 2026 showcase — Corning presented new AI-driven optical communication breakthroughs for data center connectivity (multicore fiber, high-density microcables, expanded-beam ferrules) that underpinned renewed investor enthusiasm for GLW. Corning (GLW) to Showcase New AI-Driven Optical Communication Breakthroughs At the Optical Fiber Communication Conference 2026
• Positive Sentiment: Analyst upgrades and bullish notes — Bank of America and other analysts raised targets/issued bullish notes on GLW, prompting intraday price jumps and higher trading volumes. Those upgrades cited stronger AI-driven demand for optical products. Corning (NYSE:GLW) Trading 5.2% Higher After Analyst Upgrade
• Positive Sentiment: Market reaction — Coverage highlighted large daily rallies (reports of ~8–9% intraday moves) as investors rotated into AI-beneficiaries like Corning. Corning (GLW) Jumps 8% on AI Optimism, Ahead of Dividends
• Neutral Sentiment: Retail/bullish write-ups — Several online write-ups and forum threads summarized bullish theses on GLW centered on optical exposure to AI; useful for sentiment but not formal research. Is Corning Incorporated (GLW) A Good Stock To Buy Now?
• Negative Sentiment: Valuation and overvaluation calls — Some media lists include Corning among “most overvalued” names and its trailing/forward P/E is elevated, raising rotation/correction risk if AI momentum fades. Corning (GLW) to Showcase New AI-Driven Optical Communication Breakthroughs At the Optical Fiber Communication Conference 2026
• Negative Sentiment: Market caution from pundits — Some commentators advised caution (e.g., wait to buy on pullbacks), which could limit near-term gains if investors heed that advice. Jim Cramer on Corning Incorporated: “We’ll Pick Some Up After the Sell, Not Before”

About Corning

Corning Incorporated is a global manufacturer specializing in specialty glass, ceramics and related materials and technologies. Headquartered in Corning, New York, the company supplies engineered materials and components used across multiple industries, including consumer electronics, telecommunications, automotive emissions control, pharmaceutical and life sciences, and industrial and scientific applications. Corning emphasizes materials science and precision manufacturing to develop durable, high-performance glass and ceramic products.

Key product lines include specialty display glass used by television and mobile-device manufacturers, cover glass marketed under well-known trade names for smartphones and tablets, and optical fiber and cable and related hardware for telecommunications networks.