Corning Incorporated Stock Target Price and Analyst Consensus

GLW Stock  USD 31.78  0.45  1.44%   
The current analyst and expert consensus on Corning Incorporated is Buy with 6 hold recommendations. The current projected Corning Incorporated target price consensus is 36.80 with 14 analyst opinions. One of the most common ways Corning Incorporated analysts use to provide buy-or-sell recommendation to the public are conference calls analysis and financial statements evaluations. Some experts can also talk to Corning Incorporated vendors, executives, and/or customers. Corning Incorporated recommendation module provides expert sentiment on the projected Corning Incorporated target price to derive its highest and lowest estimates based on target price standard deviation of 0.0. Check out Macroaxis Advice on Corning Incorporated to cross-verify analyst projections. Unlike analyst recommendations, Macroaxis provides advice only from the perspective of investor risk tolerance and investment horizon.
For more information on how to buy Corning Stock please use our How to Invest in Corning Incorporated guide.
Lowest Forecast
33.49
Highest Forecast
40.85
Target Price
36.8
At this time, Corning Incorporated's Pretax Profit Margin is fairly stable compared to the past year. Net Profit Margin is likely to climb to 0.08 in 2024, whereas Gross Profit is likely to drop slightly above 2.7 B in 2024. At this time, Corning Incorporated's Non Current Liabilities Total is fairly stable compared to the past year. Inventory is likely to climb to about 2.8 B in 2024, whereas Other Current Liabilities is likely to drop slightly above 1.1 B in 2024.
  
It's important to approach Corning Incorporated's target price projections with caution. While they can be useful as part of a broader investment strategy, they are inherently speculative and subject to various kinds of risk, including market volatility and unforeseen external factors. Always consider multiple aspects and do your own research when making investment decisions.
Analysts determine stock price targets through various methods, including financial modeling, peer comparison, and company analysis. The stock price target is the analyst's best estimate of the future price of a stock and is used by investors to make investment decisions. However, it is important to note that stock price targets are not guaranteed, and the actual price of a stock can differ significantly from the target due to various factors such as market conditions, economic events, and company developments.

Steps to utilize Corning Incorporated price targets

Corning Incorporated's stock target price is an estimate of its future price, usually made by analysts. Using Corning Incorporated's target price to determine if it is a suitable investment can be done through the following steps:
  • Look at Corning Incorporated's target prices provided by various analysts and compare them. This can help you gain a more balanced view of the Stock's potential.
  • Look at the analyst's track record to determine if they have a history of accurately predicting stock prices.
  • Look at the Company's financials, including revenue, earnings, and debt, to determine if it is in good financial health.
  • Consider market conditions. For example, take into account the state of the economy, competition, and regulatory environment, to determine if Corning Incorporated's stock is likely to perform well.
  • Diversify your portfolio and do not rely solely on stock target prices to make investment decisions. Invest in a mix of stocks, bonds, and other assets to manage risk.
Remember that stock target prices are just estimates and are subject to change. Therefore, using them as one factor in a larger investment strategy is essential rather than relying solely on them to make decisions.

Additional Corning Incorporated Value Projection Modules

Most investment researchers agree that the mispricing and readjustment of any Stock value happens often and is sometimes even predictable, but there is no strong theory explaining why it happens. The current price of Corning Incorporated is a key component of Corning Incorporated valuation and have some predictive power on the future returns of a Corning Incorporated.
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Corning Incorporated's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Hype
Prediction
LowEstimatedHigh
30.2631.3332.40
Details
Intrinsic
Valuation
LowRealHigh
29.0830.1534.46
Details
Naive
Forecast
LowNextHigh
30.4231.4932.56
Details
Earnings
Estimates (0)
LowProjected EPSHigh
0.340.350.37
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Corning Incorporated. Your research has to be compared to or analyzed against Corning Incorporated's peers to derive any actionable benefits. When done correctly, Corning Incorporated's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy toward taking a position in Corning Incorporated.

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When determining whether Corning Incorporated is a strong investment it is important to analyze Corning Incorporated's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Corning Incorporated's future performance. For an informed investment choice regarding Corning Stock, refer to the following important reports:
Check out Macroaxis Advice on Corning Incorporated to cross-verify analyst projections. Unlike analyst recommendations, Macroaxis provides advice only from the perspective of investor risk tolerance and investment horizon.
For more information on how to buy Corning Stock please use our How to Invest in Corning Incorporated guide.
You can also try the Portfolio Manager module to state of the art Portfolio Manager to monitor and improve performance of your invested capital.

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When running Corning Incorporated's price analysis, check to measure Corning Incorporated's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Corning Incorporated is operating at the current time. Most of Corning Incorporated's value examination focuses on studying past and present price action to predict the probability of Corning Incorporated's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Corning Incorporated's price. Additionally, you may evaluate how the addition of Corning Incorporated to your portfolios can decrease your overall portfolio volatility.
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The data published in Corning Incorporated's official financial statements usually reflect Corning Incorporated's business processes, product offerings, services, and other fundamental events. But there are other numbers, ratios, or fundamental indicators derived from these statements that are easier to understand and visualize within the underlying realities that drive quantitative information of Corning Incorporated. For example, before you start analyzing numbers published by Corning accountants, it's critical to develop an understanding of what Corning Incorporated's liquidity, profitability, and earnings quality are in the context of the Electronic Equipment, Instruments & Components space in which it operates.
Please note, the presentation of Corning Incorporated's financial position, as portrayed in its financial statements, is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Corning Incorporated's management is honest, while the outside auditors are strict and uncompromising. Whatever the case, the imprecision that can be found in Corning Incorporated's accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of Corning Incorporated. Please utilize our Beneish M Score to check the likelihood of Corning Incorporated's management manipulating its earnings.