Corning (GLW)
(Real Time Quote from BATS)
$38.74 USD
-1.30 (-3.25%)
Updated Aug 2, 2024 10:48 AM ET
2-Buy of 5 2
B Value D Growth C Momentum C VGM
Corning (GLW) Price Targets
Average Price Target | Highest Price Target | Lowest Price Target | Upside to Average Price Target |
---|---|---|---|
$44.00 | $55.00 | $36.00 | 9.89% |
Price Target
Based on short-term price targets offered by 12 analysts, the average price target for Corning comes to $44.00. The forecasts range from a low of $36.00 to a high of $55.00. The average price target represents an increase of 9.89% from the last closing price of $40.04.
Analyst Price Targets (12)
Broker Rating
Corning currently has an average brokerage recommendation (ABR) of 1.92 on a scale of 1 to 5 (Strong Buy to Strong Sell), calculated based on the actual recommendations (Buy, Hold, Sell etc.) made by 13 brokerage firms. The current ABR compares to an ABR of 2.25 a month ago based on 12 recommendations.
Of the 13 recommendations deriving the current ABR, seven are Strong Buy, representing 53.85% of all recommendations. A month ago, Strong Buy represented 41.67%.
Broker Rating Breakdown
![Broker Rating Visualization](https://widget3.zacks.com/images/charts/bar/brokerage/bar/GLW.png)
Brokerage Recommendations
Today | 1 Week Ago | 1 Month Ago | 2 Months Ago | 3 Months Ago | |
---|---|---|---|---|---|
Strong Buy | 7 | 6 | 5 | 5 | 4 |
Buy | 0 | 0 | 0 | 1 | 1 |
Hold | 6 | 7 | 6 | 5 | 6 |
Sell | 0 | 0 | 1 | 1 | 1 |
Strong Sell | 0 | 0 | 0 | 0 | 0 |
ABR | 1.92 | 2.08 | 2.25 | 2.13 | 2.29 |
1. Not Ident. Many of the brokerage firms who provide Zacks data ask that we keep their identity confidential.
2. In most cases the # of brokers listed above is less than the # of brokerage firms that have a recommendation on the stock. That is because some firms prohibit Zacks from displaying detailed information on their recommendations such as in the upgrade/downgrade table.
Analyst Upgrades/Downgrades
Date | Brokerage Firm | Analyst | Previous | Current |
---|---|---|---|---|
7/31/2024 | Susquehanna Financial Group | Mehdi Hosseini | Strong Buy | Strong Buy |
7/31/2024 | Not Identified | Not Identified | Strong Buy | Strong Buy |
7/31/2024 | Not Identified | Not Identified | Hold | Hold |
7/9/2024 | Not Identified | Not Identified | Moderate Sell | Hold |
7/9/2024 | Argus Research Corp. | James N Kelleher | Not Available | Strong Buy |
5/7/2024 | Mizuho SecuritiesUSA | John Roberts | Not Available | Hold |
5/1/2024 | Not Identified | Not Identified | Strong Buy | Strong Buy |
4/9/2024 | Not Identified | Not Identified | Hold | Hold |
4/8/2024 | UBS | Joshua Spector | Hold | Hold |
1. Not Ident. Many of the brokerage firms who provide Zacks data ask that we keep their identity confidential.
2. In most cases the # of brokers listed above is less than the # of brokerage firms that have a recommendation on the stock. That is because some firms prohibit Zacks from displaying detailed information on their recommendations such as in the upgrade/downgrade table.
Average Brokerage Rating
Current ABR | 1.92 |
ABR (Last week) | 2.08 |
# of Recs in ABR | 13 |
Average Target Price | $44.00 |
LT Growth Rate | 13.60% |
Industry | Communication - Components |
Industry Rank by ABR | 50 of 253 |
Current Quarter EPS Est: | 0.53 |