A share price of Corning, Inc [GLW] is currently trading at $67.03, down -2.76%. In order to assess the stock’s recent performance, you can check whether its short-term value is rising or falling. The GLW shares have gain 1.92% over the last week, with a monthly amount glided 5.99%, and seem to be holding up well over a long-time horizon.
From an analyst’s perspective:
Previously, HSBC Securities upgraded its rating to Buy on January 30, 2025, and elevated its price target to $60. On August 21, 2024, upgrade upgraded it’s rating to Outperform and revised its price target to $47 on the stock. Deutsche Bank upgraded its rating to a Buy but stick to its price target of $46 on July 31, 2024. HSBC Securities upgraded its rating to a Hold but $37 remained the price target by the analyst firm on July 09, 2024. Fox Advisors upgraded its rating to Overweight for this stock on June 17, 2024, but kept the price target unchanged to $45. In a note dated June 13, 2024, Morgan Stanley downgraded an Equal-Weight rating on this stock and boosted its target price from $35 to $38.
Corning, Inc experienced fluctuations in its stock price throughout the past year between $37.31 and $69.29. Currently, Wall Street analysts expect the stock to reach $69.25 within the next 12 months. Corning, Inc [NYSE: GLW] shares were valued at $67.03 at the most recent close of the market. An investor can expect a potential return of 3.31% based on the average GLW price forecast.
Analyzing the GLW fundamentals
Trailing Twelve Months sales for Corning, Inc [NYSE:GLW] were 14.21B which represents 18.79% growth. Gross Profit Margin for this corporation currently stands at 0.35% with Operating Profit Margin at 0.12%, Pretax Profit Margin comes in at 0.08%, and Net Profit Margin reading is 0.06%. To continue investigating profitability, this company’s Return on Assets is posted at 0.03, Equity is 0.08 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 66.29 points at the first support level, and at 65.55 for the second support level. However, for the 1st resistance point, the stock is sitting at 68.22, and for the 2nd resistance point, it is at 69.41.
Ratios To Look Out For
To put it in perspective, the Current Ratio for Corning, Inc [NYSE:GLW] is 1.50. In addition, the Quick Ratio stands at 0.93 and the Cash Ratio stands at 0.27. Considering the valuation of this stock, the price to sales ratio is 4.04, the price to book ratio is 4.88 and price to earnings (TTM) ratio is 70.97.
Transactions by insiders
Recent insider trading involved Zhang John Z, Exec. Vice President & CCDO, that happened on Aug 12 ’25 when 1212.0 shares were sold. President, Musser Eric S completed a deal on Aug 11 ’25 to sell 18850.0 shares. Meanwhile, Officer John Zhang bought 1212.0 shares on Aug 12 ’25.
