Brokerages Set Corning Incorporated (NYSE:GLW) PT at $174.08

Posted by Brenda Bartman on Aug 13th, 2026

Corning Incorporated (NYSE:GLW – Get Free Report) has received an average rating of “Moderate Buy” from the sixteen research firms that are currently covering the company, MarketBeat reports. Five analysts have rated the stock with a hold rating and eleven have given a buy rating to the company. The average 12 month price target among brokerages that have issued ratings on the stock in the last year is $174.0769.

Several equities research analysts have issued reports on GLW shares. Citigroup dropped their target price on shares of Corning from $240.00 to $220.00 and set a “buy” rating for the company in a research report on Wednesday, July 29th. Barclays reduced their price target on Corning from $180.00 to $129.00 and set an “equal weight” rating on the stock in a research report on Wednesday, July 29th. Mizuho decreased their price objective on shares of Corning from $270.00 to $210.00 and set an “outperform” rating on the stock in a research report on Wednesday, July 29th. Truist Financial raised shares of Corning from a “hold” rating to a “buy” rating and dropped their target price for the stock from $205.00 to $175.00 in a research report on Sunday, August 2nd. Finally, Weiss Ratings upgraded Corning from a “hold (c+)” rating to a “buy (b-)” rating in a research note on Friday, August 7th.

Read Our Latest Stock Analysis on GLW

Insider Buying and Selling at Corning

In related news, CEO Wendell P. Weeks sold 100,000 shares of the business’s stock in a transaction that occurred on Tuesday, June 9th. The shares were sold at an average price of $186.46, for a total transaction of $18,646,000.00. Following the completion of the sale, the chief executive officer directly owned 908,353 shares in the company, valued at approximately $169,371,500.38. The trade was a 9.92% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, SVP Jaymin Amin sold 27,395 shares of the business’s stock in a transaction dated Friday, May 22nd. The shares were sold at an average price of $192.14, for a total value of $5,263,675.30. Following the sale, the senior vice president directly owned 94,400 shares of the company’s stock, valued at $18,138,016. This represents a 22.49% decrease in their position. The disclosure for this sale is available in the SEC filing. Company insiders own 0.25% of the company’s stock.

Institutional Investors Weigh In On Corning

Several institutional investors and hedge funds have recently modified their holdings of GLW. Norges Bank acquired a new position in Corning during the fourth quarter valued at $921,435,000. Bank of New York Mellon Corp acquired a new position in shares of Corning during the 2nd quarter worth approximately $1,510,911,000. Capital Research Global Investors lifted its holdings in Corning by 52.7% during the fourth quarter. Capital Research Global Investors now owns 16,890,802 shares of the electronics maker’s stock valued at $1,478,959,000 after purchasing an additional 5,831,873 shares in the last quarter. Deutsche Bank AG acquired a new stake in Corning in the 2nd quarter worth about $612,763,000. Finally, Polar Capital Holdings Plc boosted its stake in shares of Corning by 141.2% in the third quarter. Polar Capital Holdings Plc now owns 4,011,153 shares of the electronics maker’s stock worth $329,035,000 after acquiring an additional 2,348,125 shares during the last quarter. Institutional investors own 69.80% of the company’s stock.

Corning Price Performance

GLW opened at $167.47 on Monday. Corning has a fifty-two week low of $63.37 and a fifty-two week high of $271.78. The firm has a 50-day moving average of $177.85 and a 200 day moving average of $160.96. The firm has a market cap of $144.26 billion, a P/E ratio of 76.47, a PEG ratio of 2.04 and a beta of 1.14. The company has a debt-to-equity ratio of 0.59, a quick ratio of 1.24 and a current ratio of 1.81.

Corning (NYSE:GLW – Get Free Report) last announced its quarterly earnings data on Tuesday, July 28th. The electronics maker reported $0.78 earnings per share for the quarter, topping the consensus estimate of $0.76 by $0.02. Corning had a return on equity of 20.09% and a net margin of 11.20%.The company had revenue of $4.74 billion during the quarter, compared to analyst estimates of $4.63 billion. During the same quarter last year, the firm posted $0.60 EPS. The firm’s revenue for the quarter was up 17.1% on a year-over-year basis. Corning has set its Q3 2026 guidance at 0.850-0.890 EPS. On average, research analysts expect that Corning will post 3.27 EPS for the current year.

Corning Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Tuesday, September 29th. Stockholders of record on Monday, August 31st will be issued a dividend of $0.28 per share. The ex-dividend date is Monday, August 31st. This represents a $1.12 dividend on an annualized basis and a dividend yield of 0.7%. Corning’s dividend payout ratio is presently 51.14%.

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.