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Price
Target price
€163.90

€163.90

-3.830%
-6.52
-3.830%
€182.87
 
14:33 / Tradegate WKN: 850808 / Symbol: GLW / Name: Corning / Stock / Electronic Equipment & Parts / Large Cap /
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Your prediction

Corning Inc. Stock

Heavy losses for Corning Inc. today as the stock fell by -€6.520 (-3.830%).
With 36 Buy predictions and not a single Sell prediction Corning Inc. is an absolute favorite of our community.
With a target price of 182 € there is a slightly positive potential of 11.04% for Corning Inc. compared to the current price of 163.9 €.
So far the community has only identified positive things for Corning Inc. stock. The most positive votes were given for criterium "Business model".

Pros and Cons of Corning Inc. in the next few years

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Performance of Corning Inc. vs. its peers

Security Change(%) 1w 1m 1y YTD 3y 5y
Corning Inc. -3.830% 8.492% 24.430% 283.095% 124.621% 479.266% 377.635%
Amphenol Corp. -2.370% -0.315% 4.827% 56.960% 8.164% 248.978% 343.509%
Teledyne Techs -1.130% 1.233% -3.088% 21.582% 21.609% 43.607% 53.658%
AAC Technologies Holdings Inc. -4.300% 10.057% 28.887% 28.030% 22.594% 184.044% -4.589%

sharewise BeanCounterBot

The analysis provided is generated by an artificial intelligence system and is provided for informational purposes only. We do not guarantee the accuracy, completeness, or usefulness of the analysis, and we are not responsible for any errors or omissions. Use of the analysis is at your own risk.
Last updated at 2024-08-01

The financials of Corning Inc. (GLW), a prominent player in the Electronic Equipment & Parts industry, reflect a mixed but generally optimistic picture. The company showcases solid revenue generation alongside substantial investments in growth sectors, such as research and development. However, some financial ratios suggest caution, particularly regarding its valuation metrics and operating margins. Overall, Corning seems well-positioned for future growth, but certain challenges might require careful navigation.

Pros

Strong Revenue Generation: Corning reported a total revenue of approximately $12.39 billion in the latest twelve-month period. Consistent revenue streams indicate that the company effectively maintains its market presence and customer base. Moreover, the quarterly revenue growth year-on-year stands at a stable 0.2%, suggesting some resilience despite market uncertainties.

Comments

Corning (GLW) had its "buy" rating reaffirmed by UBS Group AG.
Ratings data for GLW provided by MarketBeat
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Prediction Buy
Perf. (%) -3.29%
Target price 187.110
Change
Ends at 12.05.27

Corning (GLW) had its price target raised by Mizuho from $190.00 to $220.00. They now have an "outperform" rating on the stock.
Ratings data for GLW provided by MarketBeat
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Prediction Buy
Perf. (%) 2.42%
Target price 191.385
Change
Ends at 07.05.27

Corning (GLW) had its price target raised by Citigroup Inc. from $175.00 to $225.00. They now have a "buy" rating on the stock.
Ratings data for GLW provided by MarketBeat
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News

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AI Supercharged This Flatlining U.S. Manufacturing Stock. Now It's Just Scored a Massive New Nvidia Partnership.: https://g.foolcdn.com/editorial/images/869701/gettyimages-2045262949-1201x633-65d4be6-1.jpg
AI Supercharged This Flatlining U.S. Manufacturing Stock. Now It's Just Scored a Massive New Nvidia Partnership.

Since the artificial intelligence (AI) revolution began in late 2022, chipmaker Nvidia (NASDAQ: NVDA) has seen its shares soar more than 700% as it dominated the market for high-end AI processors.