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Corning (GLW) Stock Forecast & Price Target

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$38.85
+0.26 (+0.67%)
(As of 06/28/2024 ET)
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Corning - Analysts' Recommendations and Stock Price Forecast (2024)

MarketBeat calculates consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0 to .5 = Strong Sell, .5 to 1 = Sell, 1 to 1.5 = Reduce, 1.5 to 2.5 = Hold, 2.5 to 3.0 = Moderate Buy, 3.0 to 3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.

Consensus Rating

Hold
Based on 12 Analyst Ratings

Consensus Price Target

$38.67
-0.47% Downside
High Forecast$45.00
Average Forecast$38.67
Low Forecast$29.00
TypeCurrent Forecast
7/1/23 to 6/30/24		1 Month Ago
6/1/23 to 5/31/24		3 Months Ago
4/2/23 to 4/1/24		1 Year Ago
7/1/22 to 7/1/23
Consensus Rating
Hold
Hold
Hold
Moderate Buy
Strong Buy
0 Strong Buy rating(s)
0 Strong Buy rating(s)
0 Strong Buy rating(s)
0 Strong Buy rating(s)
Buy
6 Buy rating(s)
5 Buy rating(s)
4 Buy rating(s)
8 Buy rating(s)
Hold
5 Hold rating(s)
4 Hold rating(s)
4 Hold rating(s)
2 Hold rating(s)
Sell
1 Sell rating(s)
1 Sell rating(s)
1 Sell rating(s)
0 Sell rating(s)
Consensus Price Target$38.67$35.90$33.67$38.67
Forecasted Upside-0.47% Downside13.51% Upside14.99% Upside15.51% Upside

GLW Analyst Recommendations By Month

The chart below shows how a company's ratings by analysts have changed over time. Each bar represents the previous year of ratings for that month. Within each bar, the sell ratings are shown in red, the hold ratings are shown in yellow, the buy ratings are shown in green, and the strong buy ratings are shown in dark green.
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GLW Price Targets by Month

The chart below shows how a company's share price and consensus price target have changed over time. The dark blue line represents the company's actual price. The lighter blue line represents the stock's consensus price target. The even lighter blue range in the background of the two lines represents the low price target and the high price target for each stock.
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Corning Stock vs. The Competition

TypeCorningComputer and Technology CompaniesS&P 500
Consensus Rating Score
2.42
2.61
2.50
Consensus RatingHoldModerate BuyModerate Buy
Predicted Upside-0.47% Downside223.88% Upside11.51% Upside
News Sentiment RatingPositive News
Positive News
Positive News
Export to Excel
DateBrokerageAnalyst NameActionRatingPrice TargetUpside/Downside on Report DateDetails
6/21/2024Citigroup
Subscribe to MarketBeat All Access for the recommendation accuracy rating		 Boost TargetBuy ➝ Buy$38.00 ➝ $45.00+11.86%
6/18/2024Mizuho
Subscribe to MarketBeat All Access for the recommendation accuracy rating		J. Roberts
Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost TargetNeutral ➝ Neutral$36.00 ➝ $42.00+8.40%
6/17/2024Fox Advisors
Subscribe to MarketBeat All Access for the recommendation accuracy rating		 UpgradeEqual Weight ➝ Overweight$45.00+20.81%
6/14/2024Bank of America
Subscribe to MarketBeat All Access for the recommendation accuracy rating		 Boost TargetBuy ➝ Buy$38.00 ➝ $42.00+11.05%
6/13/2024Morgan Stanley
Subscribe to MarketBeat All Access for the recommendation accuracy rating		 DowngradeOverweight ➝ Equal Weight$35.00 ➝ $38.00-0.05%
5/30/2024UBS Group
Subscribe to MarketBeat All Access for the recommendation accuracy rating		 Boost TargetNeutral ➝ Neutral$35.00 ➝ $38.00+4.57%
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5/30/2024JPMorgan Chase & Co.
Subscribe to MarketBeat All Access for the recommendation accuracy rating		 UpgradeNeutral ➝ Overweight$37.00 ➝ $43.00+20.99%
4/1/2024Susquehanna
Subscribe to MarketBeat All Access for the recommendation accuracy rating		 Reiterated RatingPositive ➝ Positive$40.00+21.32%
2/1/2024HSBC
Subscribe to MarketBeat All Access for the recommendation accuracy rating		 DowngradeHold ➝ Reduce$29.00-10.74%
1/31/2024Barclays
Subscribe to MarketBeat All Access for the recommendation accuracy rating		 Boost TargetEqual Weight ➝ Equal Weight$28.00 ➝ $35.00+5.11%
10/25/2023Oppenheimer
Subscribe to MarketBeat All Access for the recommendation accuracy rating		 Lower TargetOutperform ➝ Outperform$42.00 ➝ $37.00+37.75%
10/25/2023Deutsche Bank Aktiengesellschaft
Subscribe to MarketBeat All Access for the recommendation accuracy rating		 DowngradeBuy ➝ Hold$37.00 ➝ $30.00+11.69%
6/9/2023888
Subscribe to MarketBeat All Access for the recommendation accuracy rating		 Reiterated RatingUpgrade
2/1/2023Credit Suisse Group
Subscribe to MarketBeat All Access for the recommendation accuracy rating		 Lower TargetOutperform$41.00 ➝ $40.00+15.57%
10/26/2022Susquehanna Bancshares
Subscribe to MarketBeat All Access for the recommendation accuracy rating		 Lower Target$40.00 ➝ $39.00+20.74%

Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Sunday at 03:22 PM ET.

GLW Forecast - Frequently Asked Questions

What is Corning's stock forecast and purchase recommendation?

According to the research reports of 12 Wall Street equities research analysts, the average twelve-month stock price forecast for Corning is $38.67, with a high forecast of $45.00 and a low forecast of $29.00. The consensus rating for Corning stock is Hold based on the current 1 sell rating, 5 hold ratings and 6 buy ratings for GLW. Learn more on GLW's analyst rating history.

Do Wall Street analysts like Corning more than its competitors?

Analysts like Corning less than other "computer and technology" companies. The consensus rating for Corning is Hold while the average consensus rating for "computer and technology" companies is Moderate Buy. Learn more on how GLW compares to other companies.

Is Corning being upgraded or downgraded by Wall Street analysts?

Over the previous 90 days, Corning's stock had 2 upgrades and 1 downgrade by analysts.

Does Corning's stock price have much upside?

According to analysts, Corning's stock has a predicted upside of 11.42% based on their 12-month stock forecasts.

What analysts cover Corning?

Corning has been rated by research analysts at Bank of America, Citigroup, Fox Advisors, JPMorgan Chase & Co., Mizuho, Morgan Stanley, Susquehanna, and UBS Group in the past 90 days.


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This page (NYSE:GLW) was last updated on 6/30/2024 by MarketBeat.com Staff

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