Corning (NYSE:GLW) Rating Lowered to Hold at Zacks Research

Posted by Brenda Bartman on May 28th, 2026

Corning (NYSE:GLW – Get Free Report) was downgraded by stock analysts at Zacks Research from a “strong-buy” rating to a “hold” rating in a research report issued on Tuesday,Zacks.com reports.

Other equities research analysts have also recently issued reports about the stock. Morgan Stanley set a $180.00 target price on shares of Corning in a report on Friday, May 8th. Weiss Ratings restated a “buy (b-)” rating on shares of Corning in a research report on Friday, May 15th. UBS Group increased their price target on shares of Corning from $179.00 to $223.00 and gave the company a “buy” rating in a research report on Thursday, May 7th. Truist Financial increased their price target on shares of Corning from $125.00 to $149.00 and gave the company a “hold” rating in a research report on Wednesday, April 29th. Finally, Mizuho raised their target price on shares of Corning from $190.00 to $220.00 and gave the stock an “outperform” rating in a research report on Tuesday, May 12th. Ten investment analysts have rated the stock with a Buy rating and six have assigned a Hold rating to the stock. According to MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $177.92.

View Our Latest Research Report on GLW

Corning Stock Down 2.7%

Shares of NYSE GLW opened at $190.97 on Tuesday. The business’s 50 day moving average is $165.37 and its two-hundred day moving average is $125.52. The firm has a market cap of $164.35 billion, a price-to-earnings ratio of 91.37, a PEG ratio of 2.81 and a beta of 1.14. The company has a quick ratio of 1.06, a current ratio of 1.61 and a debt-to-equity ratio of 0.62. Corning has a 52-week low of $48.88 and a 52-week high of $211.79.

Corning (NYSE:GLW – Get Free Report) last posted its quarterly earnings results on Tuesday, April 28th. The electronics maker reported $0.70 EPS for the quarter, topping the consensus estimate of $0.69 by $0.01. The business had revenue of $4.35 billion during the quarter, compared to the consensus estimate of $4.30 billion. Corning had a net margin of 11.09% and a return on equity of 19.45%. The company’s quarterly revenue was up 18.1% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $0.54 earnings per share. Corning has set its Q2 2026 guidance at 0.730-0.770 EPS. Research analysts predict that Corning will post 3.19 EPS for the current year.

Insider Buying and Selling at Corning

In other Corning news, VP John Z. Zhang sold 10,000 shares of the business’s stock in a transaction dated Monday, May 11th. The shares were sold at an average price of $198.34, for a total transaction of $1,983,400.00. Following the sale, the vice president directly owned 5,138 shares in the company, valued at approximately $1,019,070.92. The trade was a 66.06% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Also, SVP Jaymin Amin sold 27,395 shares of the business’s stock in a transaction dated Friday, May 22nd. The stock was sold at an average price of $192.14, for a total transaction of $5,263,675.30. Following the sale, the senior vice president owned 94,400 shares in the company, valued at $18,138,016. This trade represents a 22.49% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Over the last 90 days, insiders sold 60,655 shares of company stock valued at $12,046,561. Corporate insiders own 0.25% of the company’s stock.

Institutional Trading of Corning

A number of hedge funds and other institutional investors have recently made changes to their positions in the business. Security Financial Services INC. acquired a new stake in shares of Corning during the first quarter valued at approximately $222,000. Axiom Investment Management LLC acquired a new stake in Corning in the first quarter valued at approximately $1,846,000. Summitry LLC bought a new stake in Corning in the first quarter worth $26,747,000. WNY Asset Management LLC acquired a new position in shares of Corning during the 1st quarter valued at about $407,000. Finally, Verus Capital Partners LLC acquired a new position in Corning during the first quarter valued at approximately $299,000. 69.80% of the stock is currently owned by institutional investors.

Corning Company Profile

(Get Free Report)

Corning Incorporated is a global manufacturer specializing in specialty glass, ceramics and related materials and technologies. Headquartered in Corning, New York, the company supplies engineered materials and components used across multiple industries, including consumer electronics, telecommunications, automotive emissions control, pharmaceutical and life sciences, and industrial and scientific applications. Corning emphasizes materials science and precision manufacturing to develop durable, high-performance glass and ceramic products.

Key product lines include specialty display glass used by television and mobile-device manufacturers, cover glass marketed under well-known trade names for smartphones and tablets, and optical fiber and cable and related hardware for telecommunications networks.