On July 17, 2025, analyst Samik Chatterjee from JP Morgan announced an update on Corning's (GLW, Financial) stock outlook. JP Morgan has decided to maintain its current "Overweight" rating for the company.
In conjunction with maintaining this rating, JP Morgan has also raised its price target for Corning (GLW, Financial). The revised price target is now set at USD 62.00, up from the previous target of USD 52.00. This represents a significant 19.23% increase in the price target.
Corning (GLW, Financial) continues to be a focus for investors, with this updated price target signaling confidence in the company's future performance. The action reflects a positive outlook from JP Morgan as it encourages investors to consider maintaining or increasing their positions.
Wall Street Analysts Forecast
Based on the one-year price targets offered by 13 analysts, the average target price for Corning Inc (GLW, Financial) is $55.79 with a high estimate of $60.00 and a low estimate of $46.30. The average target implies an upside of 3.30% from the current price of $54.01. More detailed estimate data can be found on the Corning Inc (GLW) Forecast page.
Based on the consensus recommendation from 16 brokerage firms, Corning Inc's (GLW, Financial) average brokerage recommendation is currently 1.9, indicating "Outperform" status. The rating scale ranges from 1 to 5, where 1 signifies Strong Buy, and 5 denotes Sell.
Based on GuruFocus estimates, the estimated GF Value for Corning Inc (GLW, Financial) in one year is $39.98, suggesting a downside of 25.98% from the current price of $54.01. GF Value is GuruFocus' estimate of the fair value that the stock should be traded at. It is calculated based on the historical multiples the stock has traded at previously, as well as past business growth and the future estimates of the business' performance. More detailed data can be found on the Corning Inc (GLW) Summary page.
