Corning, Inc [GLW] stock is trading at $47.60, up 1.26%. It is a good measure of the stock’s recent performance to check whether the stock’s short-term value is rising or falling. The GLW shares have gain 5.66% over the last week, with a monthly amount glided 13.93%, and seem to be holding up well over a long-time horizon.
From an analyst’s perspective:
Corning, Inc [NYSE: GLW] stock has seen the most recent analyst activity on January 30, 2025, when HSBC Securities upgraded its rating to a Buy and also boosted its price target to $60 from $51. Previously, Mizuho upgraded its rating to Outperform on August 21, 2024, and elevated its price target to $47. On July 31, 2024, upgrade upgraded it’s rating to Buy but maintained its price target of $46 on the stock. HSBC Securities upgraded its rating to a Hold but stick to its price target of $37 on July 09, 2024. Fox Advisors upgraded its rating to a Overweight but $45 remained the price target by the analyst firm on June 17, 2024. Morgan Stanley downgraded its rating to Equal-Weight for this stock on June 13, 2024, and upped its price target to $38. In a note dated May 30, 2024, JP Morgan upgraded an Overweight rating on this stock and boosted its target price from $37 to $43.
Corning, Inc [GLW] stock has fluctuated between $34.87 and $55.33 over the past year. Currently, Wall Street analysts expect the stock to reach $56 within the next 12 months. Corning, Inc [NYSE: GLW] shares were valued at $47.60 at the most recent close of the market. An investor can expect a potential return of 17.65% based on the average GLW price forecast.
Analyzing the GLW fundamentals
Corning, Inc [NYSE:GLW] reported sales of 13.60B for the trailing twelve months, which represents a growth of 16.03%. Gross Profit Margin for this corporation currently stands at 0.33% with Operating Profit Margin at 0.11%, Pretax Profit Margin comes in at 0.06%, and Net Profit Margin reading is 0.03%. To continue investigating profitability, this company’s Return on Assets is posted at 0.02, Equity is 0.04 and Total Capital is 0.07. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of0.76.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 47.07 points at the first support level, and at 46.55 for the second support level. However, for the 1st resistance point, the stock is sitting at 47.89, and for the 2nd resistance point, it is at 48.18.
Ratios To Look Out For
For context, Corning, Inc’s Current Ratio is 1.69. Further, the Quick Ratio stands at 1.05, while the Cash Ratio is 0.3. Considering the valuation of this stock, the price to sales ratio is 3.00, the price to book ratio is 3.60 and price to earnings (TTM) ratio is 91.08.
Transactions by insiders
Recent insider trading involved Zhang John Z, Exec. Vice President & CCDO, that happened on May 12 ’25 when 8000.0 shares were sold. Officer, John Zhang completed a deal on May 12 ’25 to buy 8000.0 shares. Meanwhile, Retired Sr VP & GM, Opt Comm. Bell Michael Alan sold 20262.0 shares on Apr 30 ’25.
