Corning upgraded by HSBC Securities with a new price target
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HSBC Securities upgraded Corning from Hold to Buy and set a new price target of $60.00 from $51.00 previously
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| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 1/30/2025 | $51.00 → $60.00 | Hold → Buy | HSBC Securities |
| 8/21/2024 | $44.00 → $47.00 | Neutral → Outperform | Mizuho |
| 7/31/2024 | $46.00 | Hold → Buy | Deutsche Bank |
| 7/9/2024 | $37.00 | Reduce → Hold | HSBC Securities |
| 6/17/2024 | $45.00 | Equal Weight → Overweight | Fox Advisors |
| 6/13/2024 | $35.00 → $38.00 | Overweight → Equal-Weight | Morgan Stanley |
| 5/30/2024 | $37.00 → $43.00 | Neutral → Overweight | JP Morgan |
| 5/7/2024 | $36.00 | Neutral | Mizuho |
Corning will supply optical components for Broadcom's Bailly co-packaged optics technology Corning Incorporated (NYSE:GLW), a world leader in glass science and optical physics, today announced a collaboration with Broadcom Incorporated (NASDAQ:AVGO), a leading supplier in the semiconductor field, on a co-packaged optics (CPO) infrastructure that will significantly increase processing capacity within data centers. Corning will supply cutting-edge optical components for Broadcom's Bailly CPO system, the industry's first CPO-based 51.2 terabit per second (TBps) ethernet switch. This combination will deliver significant improvements in optical interconnection density and power savings, making
With Corning's leading-edge manufacturing technology, Corning® Gorilla® Glass Ceramic 2 offers engineered resilience on Galaxy S25 Edge, the slimmest Galaxy S series yet. Corning Incorporated (NYSE:GLW) and Samsung Electronics Co., Ltd. today announced that the upcoming Galaxy S25 Edge will feature Corning® Gorilla® Glass Ceramic 21, a new glass ceramic offering that delivers advanced protection in a new, remarkably thin device form factor. Driven by a shared vision to push the boundaries of mobile engineering, Samsung and Corning joined forces to ensure the premium S series experience balances elegance with resilience. This press release features multimedia. View the full release here: ht
Corning Incorporated's (NYSE:GLW) Board of Directors today declared a quarterly dividend of $0.28 per share. The dividend will be payable on June 27, 2025, to shareholders of record on May 30, 2025. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20250430926457/en/ Caution Concerning Forward-Looking Statements The statements contained in this release and related comments by management that are not historical facts or information and contain words such as "will," "believe," "anticipate," "expect," "intend," "plan," "seek," "see," "would," "target," "estimate," "forecast" or similar expressions are forward-looking statements. These fo
CORNING, N.Y., June 20, 2023 (GLOBE NEWSWIRE) -- Corning Incorporated's (NYSE:GLW) Board of Directors today announced that Thomas D. French, former senior partner and current senior partner emeritus with McKinsey & Company, has been appointed to Corning's Board of Directors, effective June 20, 2023. "Tom brings unique industry knowledge and expertise across technology-driven companies and in Corning's key markets," said Wendell P. Weeks, chairman and chief executive officer. "He will be an excellent asset to our diverse, accomplished, and engaged Board of Directors." Mr. French will serve on the board's Audit Committee as well as its Corporate Responsibility and Sustainability Committee.
CORNING, N.Y., Dec. 09, 2021 (GLOBE NEWSWIRE) -- Corning Incorporated (NYSE:GLW) today announced the appointment of Edward Schlesinger to executive vice president and chief financial officer, effective Feb. 18, 2022. Schlesinger will report to Wendell Weeks, chairman and chief executive officer, and will succeed retiring CFO Tony Tripeny, whose important contributions throughout his career have made Corning a stronger company. Schlesinger, age 54, will oversee Finance and Investor Relations. His transition reflects a broader plan to develop top talent across Corning globally, best positioning the company to capture an attractive set of long-term opportunities and deliver ongoing value to
CORNING, N.Y., June 29, 2021 (GLOBE NEWSWIRE) -- Corning Incorporated (NYSE:GLW) today announced that Pamela J. Craig, former chief financial officer of Accenture plc, has been appointed to Corning's Board of Directors, effective June 29, 2021. "Pamela is an accomplished business leader who brings great financial and operational expertise to Corning," said Wendell P. Weeks, chairman and chief executive officer. "She will provide valuable perspective as we continue advancing category-defining innovations that transform industries and improve lives." Ms. Craig will serve on the board's Corporate Responsibility and Sustainability Committee as well as its Audit Committee. She will hold offic
4 - CORNING INC /NY (0000024741) (Issuer)
4 - CORNING INC /NY (0000024741) (Issuer)
4 - CORNING INC /NY (0000024741) (Issuer)
HSBC Securities upgraded Corning from Hold to Buy and set a new price target of $60.00 from $51.00 previously
Mizuho upgraded Corning from Neutral to Outperform and set a new price target of $47.00 from $44.00 previously
Deutsche Bank upgraded Corning from Hold to Buy and set a new price target of $46.00
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Corning Incorporated's (NYSE:GLW) Board of Directors today declared a quarterly dividend of $0.28 per share. The dividend will be payable on June 27, 2025, to shareholders of record on May 30, 2025. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20250430926457/en/ Caution Concerning Forward-Looking Statements The statements contained in this release and related comments by management that are not historical facts or information and contain words such as "will," "believe," "anticipate," "expect," "intend," "plan," "seek," "see," "would," "target," "estimate," "forecast" or similar expressions are forward-looking statements. These fo
Company recognizes Musser for 39 years of dedicated service and lasting impact Board of Directors elects Hal Nelson chief operating officer, Lewis Steverson vice chairman, John Zhang chief corporate development officer Senior Leadership Team will help deliver company's Springboard plan and advance long-term value creation and growth strategy Corning Incorporated (NYSE:GLW) today announced that Eric S. Musser, president and chief operating officer, will retire later this year after 39 years of exceptional service across the company. Musser will continue in his current role until his retirement. This press release features multimedia. View the full release here: https://www.businesswire.co
Q1 results exceeded guidance, with core sales up 13% year over year to $3.7 billion and core EPS up 42% year over year to $0.54; core operating margin expanded 250 basis points year over year to 18% Enterprise sales grew 106% on continued strong demand for new products for Gen AI, showing strong progress on 2023-2027 30% sales CAGR Company is accelerating ramp of its U.S. advanced manufacturing assets to meet strong demand for U.S.-made solar products For the second quarter, management expects continued strong year-over-year growth, with core sales of approximately $3.85 billion, and core EPS again growing significantly faster than sales to a range of $0.55 to $0.59 (1) First-quarter GA