Corning Inc's stock rose 3.76% as it reached a 20-day high, reflecting strong investor interest.
The company anticipates a core revenue of $4.35 billion for Q4 2025, leading to an annual total of $16.3 billion, which is a 13% year-over-year increase. This growth is driven by a 33% revenue increase in the optical communications segment, particularly due to AI-related demand. Additionally, Corning reported a net income of $585 million in Q3, a 26% rise from the previous year, showcasing strong performance and profitability in the optical communications sector.
With the optical fiber market for data centers expected to double or triple, Corning's stock presents significant upside potential in 2026, particularly as AI developers' infrastructure upgrade demands continue to escalate.
Wall Street analysts forecast GLW stock price to fall over the next 12 months. According to Wall Street analysts, the average 1-year price target for GLW is 99.00 USD with a low forecast of 83.00 USD and a high forecast of 110.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
10 Analyst Rating
Wall Street analysts forecast GLW stock price to fall over the next 12 months. According to Wall Street analysts, the average 1-year price target for GLW is 99.00 USD with a low forecast of 83.00 USD and a high forecast of 110.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
8 Buy
2 Hold
0 Sell
Strong Buy
Current: 103.000
Low
83.00
Averages
99.00
High
110.00
Current: 103.000
Low
83.00
Averages
99.00
High
110.00
Susquehanna
Positive
upgrade
$100 -> $125
2026-01-29
New
Reason
Susquehanna
Price Target
$100 -> $125
AI Analysis
2026-01-29
New
upgrade
Positive
Reason
Susquehanna raised the firm's price target on Corning to $125 from $100 and keeps a Positive rating on the shares. The firm raised its estimates acros the board following its Q4 results. The company's upgrade to the Springboard plan now reflects $11B in incremental annualized revenue contributions by Q428 driven by key growth vectors, including DC-fiber enabled networking.
Fox Advisors
Outperform -> Equal-Weight
downgrade
2026-01-29
New
Reason
Fox Advisors
Price Target
2026-01-29
New
downgrade
Outperform -> Equal-Weight
Reason
Fox Advisors downgraded Corning to Equal-Weight from Outperform, arguing that "healthy prospects" are now largely factored in the stock with shares up 110% year-to-date.
Unlock Full Analyst Thesis， Get the complete breakdown of rating reason for GLW
Unlock Now
Oppenheimer
Outperform
maintain
$100 -> $120
2026-01-29
New
Reason
Oppenheimer
Price Target
$100 -> $120
2026-01-29
New
maintain
Outperform
Reason
Oppenheimer raised the firm's price target on Corning to $120 from $100 and keeps an Outperform rating on the shares following quarterly results. With multiple long-term growth and return drivers materializing, the firm remains bullish.
Morgan Stanley
Equal Weight
maintain
$98 -> $103
2026-01-29
New
Reason
Morgan Stanley
Price Target
$98 -> $103
2026-01-29
New
maintain
Equal Weight
Reason
Morgan Stanley raised the firm's price target on Corning (GLW) to $103 from $98 and keeps an Equal Weight rating on the shares. Q4 results were "largely as previewed" and revisions were made to Project Springboard, but not to above where the Street was currently, for now, the analyst tells investors. Other hyperscaler agreements similar to Meta's (META) could help raise 2027 and later estimates, but capacity needs to get built out with 2026 largely constrained, the analyst added.
About GLW
Corning Incorporated operates as an innovator in materials science. Its segments include Optical Communications, Display Technologies, Specialty Materials, Environmental Technologies, and Life Sciences. Its Optical Communications segment manufactures carrier network and enterprise network components for the telecommunications industry. Its Display Technologies segment manufactures glass substrates for flat-panel displays, including liquid crystal displays and organic light-emitting diodes. Its Specialty Materials segment manufactures products that provide material formulations for glass, glass ceramics and fluoride crystals for customer needs. Its Environmental Technologies segment manufactures ceramic substrates and filters for emission control systems in mobile applications. Its Life Sciences segment develops, manufactures and supplies laboratory products, including labware, equipment, media, serum and reagents, enabling workflow solutions for drug discovery and bioproduction.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
