The Analyst Verdict: Corning In The Eyes Of 4 Experts

Providing a diverse range of perspectives from bullish to bearish, 4 analysts have published ratings on Corning GLW in the last three months.

The table below provides a concise overview of recent ratings by analysts, offering insights into the changing sentiments over the past 30 days and drawing comparisons with the preceding months for a holistic perspective.

Analysts have recently evaluated Corning and provided 12-month price targets. The average target is $59.5, accompanied by a high estimate of $68.00 and a low estimate of $52.00. Marking an increase of 6.25%, the current average surpasses the previous average price target of $56.00.

Exploring Analyst Ratings: An In-Depth Overview

A comprehensive examination of how financial experts perceive Corning is derived from recent analyst actions. The following is a detailed summary of key analysts, their recent evaluations, and adjustments to ratings and price targets.

Key Insights:

• Action Taken: Analysts respond to changes in market conditions and company performance, frequently updating their recommendations. Whether they 'Maintain', 'Raise' or 'Lower' their stance, it reflects their reaction to recent developments related to Corning. This information offers a snapshot of how analysts perceive the current state of the company.
• Rating: Unveiling insights, analysts deliver qualitative insights into stock performance, from 'Outperform' to 'Underperform'. These ratings convey expectations for the relative performance of Corning compared to the broader market.
• Price Targets: Analysts explore the dynamics of price targets, providing estimates for the future value of Corning's stock. This examination reveals shifts in analysts' expectations over time.

Assessing these analyst evaluations alongside crucial financial indicators can provide a comprehensive overview of Corning's market position. Stay informed and make well-judged decisions with the assistance of our Ratings Table.

Stay up to date on Corning analyst ratings.

All You Need to Know About Corning

Corning is a leader in materials science, specializing in the production of glass, ceramics, and optical fiber. The firm supplies its products for a wide range of applications, from flat-panel displays in televisions to gasoline particulate filters in automobiles to optical fiber for broadband access, with a leading share in many of its end markets.

Corning: Delving into Financials

Market Capitalization Analysis: With a profound presence, the company's market capitalization is above industry averages. This reflects substantial size and strong market recognition.

Revenue Growth: Corning displayed positive results in 3 months. As of 31 December, 2024, the company achieved a solid revenue growth rate of approximately 16.93%. This indicates a notable increase in the company's top-line earnings. As compared to its peers, the company achieved a growth rate higher than the average among peers in Information Technology sector.

Net Margin: Corning's net margin excels beyond industry benchmarks, reaching 8.85%. This signifies efficient cost management and strong financial health.

Return on Equity (ROE): Corning's ROE excels beyond industry benchmarks, reaching 2.85%. This signifies robust financial management and efficient use of shareholder equity capital.

Return on Assets (ROA): Corning's ROA excels beyond industry benchmarks, reaching 1.11%. This signifies efficient management of assets and strong financial health.

Debt Management: With a high debt-to-equity ratio of 0.76, Corning faces challenges in effectively managing its debt levels, indicating potential financial strain.

The Basics of Analyst Ratings

Analyst ratings serve as essential indicators of stock performance, provided by experts in banking and financial systems. These specialists diligently analyze company financial statements, participate in conference calls, and engage with insiders to generate quarterly ratings for individual stocks.

Some analysts publish their predictions for metrics such as growth estimates, earnings, and revenue to provide additional guidance with their ratings. When using analyst ratings, it is important to keep in mind that stock and sector analysts are also human and are only offering their opinions to investors.

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This article was generated by Benzinga's automated content engine and reviewed by an editor.