A share price of Corning, Inc [GLW] is currently trading at $51.8, up 2.74%%. One of the good ways to gauge the recent performance is if the stock’s short-term value is rising or falling. The GLW shares have gain 4.44% over the last week, with a monthly amount glided 7.51%, 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 experienced fluctuations in its stock price throughout the past year between $37.18 and $55.33. Currently, Wall Street analysts expect the stock to reach $56 within the next 12 months. Corning, Inc [NYSE: GLW] shares were valued at $51.8 at the most recent close of the market. An investor can expect a potential return of 8.11% based on the average GLW price forecast.
Analyzing the GLW fundamentals
Trailing Twelve Months sales for Corning, Inc [NYSE:GLW] were 13.60B which represents 16.03% growth. 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. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 0.76.
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 50.76 points at the first support level, and at 49.72 for the second support level. However, for the 1st resistance point, the stock is sitting at 52.34, and for the 2nd resistance point, it is at 52.89.
Ratios To Look Out For
To put it in perspective, the Current Ratio for Corning, Inc [NYSE:GLW] is 1.69. Also, the Quick Ratio is 1.05, while the Cash Ratio stands at 0.3. Considering the valuation of this stock, the price to sales ratio is 3.26, the price to book ratio is 3.92 and price to earnings (TTM) ratio is 99.12.
Transactions by insiders
Recent insider trading involved Verkleeren Ronald L, SVP Emerging Innovations Group, that happened on Jun 11 ’25 when 20000.0 shares were sold. Officer, Ronald Verkleeren completed a deal on Jun 11 ’25 to buy 20000.0 shares. Meanwhile, President and COO Musser Eric S sold 20000.0 shares on Jun 06 ’25.
