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NYSE: GLW
Corning Inc Stock Forecast, Predictions & Price Target

Analyst price target for GLW

Based on 8 analysts offering 12 month price targets for Corning Inc.
Min Forecast
$30.00-4.91%
Avg Forecast
$35.13+11.33%
Max Forecast
$40.00+26.78%

Should I buy or sell GLW stock?

Based on 8 analysts offering ratings for Corning Inc.
Buy
Strong Buy
3 analysts 37.5%
Buy
1 analysts 12.5%
Hold
4 analysts 50%
Sell
0 analysts 0%
Strong Sell
0 analysts 0%

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GLW stock forecasts by analyst

Analyst / FirmRatingActionPrice TargetUpside/DownsideDateAnalyst Color
lockedlocked$00.00+00.00%2024-04-22
lockedlocked$00.00+00.00%2024-04-11
lockedlocked$00.00+00.00%2024-04-01
lockedlocked$00.00+00.00%2024-01-31
lockedlocked$00.00+00.00%2024-01-11
Citigroup
Top 19%
82
Strong BuyMaintains$36.00+14.10%2023-10-25
Oppenheimer
Top 23%
78
BuyMaintains$37.00+17.27%2023-10-25
Deutsche Bank
Bottom 7%
7
HoldDowngrades$30.00-4.91%2023-10-25

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Forecast return on equity

Is GLW forecast to generate an efficient return?
Company
N/A
Industry
0.04%
Market
20.01%

Forecast return on assets

Is GLW forecast to generate an efficient return on assets?
Company
N/A
Industry
0.02%

GLW revenue forecast

What is GLW's revenue in the next 3 years based on estimates from 6 analysts?
Avg 1 year Forecast
$13.7B+8.57%
Avg 2 year Forecast
$14.4B+14.55%
Avg 3 year Forecast
$15.0B+19.5%
GLW's revenue is forecast to... subscribe to Premium to read more.
Forecast High Revenue Growth Forecast

GLW earnings growth forecast

How is GLW forecast to perform vs Electronic Components companies and vs the US market?
Company
161.27%
Industry
18.08%
Market
28.64%
GLW's earnings are forecast to... subscribe to Premium to read more.
Forecast Earnings Growth vs Industry Forecast
GLW's earnings are forecast to... subscribe to Premium to read more.
Forecast Earnings Growth vs Market Forecast
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Forecast Earnings Growth vs Savings Rate Forecast

GLW revenue growth forecast

How is GLW forecast to perform vs Electronic Components companies and vs the US market?
Company
6.89%
Industry
4.28%
Market
9.23%
GLW's revenues are forecast to... subscribe to Premium to read more.
Forecast Revenue Growth vs Industry Forecast
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Forecast Revenue Growth vs Market Forecast

GLW vs Electronic Component Stocks

TickerPricePrice TargetUp/downsideConsensus
GLW$31.55$35.13+11.33%Buy
JBL$119.13$149.00+25.07%Strong Buy
FLEX$27.63$35.50+28.48%Strong Buy
TEL$143.77$156.14+8.61%Buy
OLED$152.22$200.80+31.91%Buy

Corning Stock Forecast FAQ

Is Corning Stock a good buy in 2024, according to Wall Street analysts?

The consensus among 8 Wall Street analysts covering (NYSE: GLW) stock is to Buy GLW stock.

Out of 8 analysts, 3 (37.5%) are recommending GLW as a Strong Buy, 1 (12.5%) are recommending GLW as a Buy, 4 (50%) are recommending GLW as a Hold, 0 (0%) are recommending GLW as a Sell, and 0 (0%) are recommending GLW as a Strong Sell.

If you're new to stock investing, here's how to buy Corning stock.

What is GLW's revenue growth forecast for 2024-2026?

(NYSE: GLW) Corning's forecast annual revenue growth rate of 6.89% is forecast to beat the US Electronic Components industry's average forecast revenue growth rate of 4.28%, and while it is not forecast to beat the US market's average forecast revenue growth rate of 9.23%.

Corning's revenue in 2024 is $12,588,000,000.On average, 6 Wall Street analysts forecast GLW's revenue for 2024 to be $11,664,248,286,512, with the lowest GLW revenue forecast at $11,524,182,055,926, and the highest GLW revenue forecast at $11,810,200,929,462. On average, 6 Wall Street analysts forecast GLW's revenue for 2025 to be $12,306,326,403,409, with the lowest GLW revenue forecast at $12,029,242,552,497, and the highest GLW revenue forecast at $12,617,764,302,528.

In 2026, GLW is forecast to generate $12,838,148,440,664 in revenue, with the lowest revenue forecast at $12,560,060,903,956 and the highest revenue forecast at $13,255,567,366,571.

What is GLW's forecast return on assets (ROA) for 2024-2026?

(NYSE: GLW) forecast ROA is N/A, which is lower than the forecast US Electronic Components industry average of 0.02%.

What is GLW's Price Target?

According to 8 Wall Street analysts that have issued a 1 year GLW price target, the average GLW price target is $35.13, with the highest GLW stock price forecast at $40.00 and the lowest GLW stock price forecast at $30.00.

On average, Wall Street analysts predict that Corning's share price could reach $35.13 by Apr 22, 2025. The average Corning stock price prediction forecasts a potential upside of 11.33% from the current GLW share price of $31.55.

What is GLW's forecast return on equity (ROE) for 2024-2026?

(NYSE: GLW) forecast ROE is N/A, which is considered weak.
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