Market Preview: Big Tech Earnings and Trade Tensions Ahead
Written by Emily J. Thompson, Senior Investment Analyst
Updated: 11h ago
0mins
Source: CNBC
- Boeing's Strong Earnings: Boeing reported a 57% year-over-year revenue increase in Q4, nearly doubling cash flow expectations, although shares fell over 1% ahead of the earnings call; CEO's optimism for 2026 indicates a strong recovery potential.
- Meta's Deal with Apple: Meta plans to pay up to $6 billion to Corning, Apple's glass supplier, by 2030 for fiber-optic cables in its AI data centers, which is expected to further boost Corning's stock, already up over 7.5% today.
- Salesforce Military Contract: Salesforce secured a $5.6 billion, 10-year contract with the U.S. Army to modernize outdated administrative practices, showcasing its competitive edge in enterprise software solutions.
- General Motors Earnings Beat: General Motors fell short of revenue estimates but reported adjusted earnings of $2.51 per share, exceeding expectations of $2.20, while announcing a 20% dividend increase and a $6 billion stock buyback, leading to a more than 4% rise in shares today.
Analyst Views on GLW
Wall Street analysts forecast GLW stock price to rise 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
8 Buy
2 Hold
0 Sell
Strong Buy
Current: 94.950
Low
83.00
Averages
99.00
High
110.00
Current: 94.950
Low
83.00
Averages
99.00
High
110.00
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.
