S&P futures have risen with gains driven in large part by optimism around corporate profits and resilient economic data. Markets are trading with a cautiously positive tone early in the week, supported by strong performance in big technology stocks and positioning ahead of this week's Federal Reserve meeting.The broader global backdrop is also helping sentiment. European markets are slightly higher after news of a free trade agreement between the European Union and India, and Asian shares have lifted on strength in technology and financial sectors. Safe-haven demand that had previously driven precious metals to record levels has eased somewhat, with gold and silver prices pulling back a bit even as they remain historically elevated, reflecting a slight reduction in risk aversion.In pre-market trading, S&P 500 futures rose 0.23%, Nasdaq futures rose 0.59% and Dow futures fell 0.63%.Check out this morning's top movers from around Wall Street, compiled by The Fly.HIGHER -Corningup 7% after the company and Meta Platformsannounced a multiyear, up to $6B agreement for fiber-optic cable in its AI data centersSalesforceup 3% after being awarded a $5.64B Army contractUP AFTER EARNINGS -HCA Healthcareup 6%General Motorsup 4%RTXup 3%American Airlinesup 3%UPSup 1%Kimberly-Clarkup 1%DOWN AFTER EARNINGS -Roper Technologiesdown 6%JetBluedown 5%Northrop Grummandown 3%Boeingdown 2%Synchronydown 2%LOWER -Pinterestdown 3% after disclosing the board-approved global restructuring plan that includes a reduction in force that is expected to affect less than 15% of the company's workforce as well as office space reductionsDOWN AFTER 2027 MEDICARE ADVANTAGE ADVANCE NOTICE RATE -Humanadown 16%UnitedHealthdown 15%CVS Healthdown 10%
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
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.
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
Morgan Stanley
Equal Weight
maintain
$98
2026-01-22
Reason
Morgan Stanley
Price Target
$98
AI Analysis
2026-01-22
maintain
Equal Weight
Reason
Morgan Stanley sees Corning reporting a modest sales beat in Q4. The firm believes the company is experiencing strong display panel demand, but says upside in the optical business is likely limited by supply constraints. Corning's current multiple is "appropriate," but the stock could rally with a quicker than scale-up opportunity, the analyst tells investors in a research note. Morgan Stanley keeps an Equal Weight rating on Corning with a $98 price target.
Morgan Stanley
Meta Marshall
Equal Weight
maintain
$82 -> $98
2025-12-17
Reason
Morgan Stanley
Meta Marshall
Price Target
$82 -> $98
2025-12-17
maintain
Equal Weight
Reason
Morgan Stanley analyst Meta Marshall raised the firm's price target on Corning to $98 from $82 and keeps an Equal Weight rating on the shares. The AI trade broadened out from semi names in 2025, helping infrastructure names, particularly within optical, notes the analyst, who believes that trade can continue, particularly in optical, through the first half of 2026. However, investors will "need to get more selective for full year returns given multiples," the analyst added in a year-ahead note on the group.
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UBS
Neutral
maintain
$100 -> $109
2025-11-21
Reason
UBS
Price Target
$100 -> $109
2025-11-21
maintain
Neutral
Reason
UBS raised the firm's price target on Corning to $109 from $100 and keeps a Neutral rating on the shares.
Susquehanna
Positive
maintain
$75 -> $100
2025-10-29
Reason
Susquehanna
Price Target
$75 -> $100
2025-10-29
maintain
Positive
Reason
Susquehanna raised the firm's price target on Corning to $100 from $75 and keeps a Positive rating on the shares. The firm raised its estimates across the board following and they believe incremental revenue contributions from Polysilicon, combined with sustained growth in the Fiber segment, will extend the company's growth trajectory into 2027.
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.
