Date | Price Target | Rating | Analyst |
---|---|---|---|
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 |
4/8/2024 | $34.00 → $35.00 | Neutral | UBS |
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
HSBC Securities upgraded Corning from Reduce to Hold and set a new price target of $37.00
SC 13G/A - CORNING INC /NY (0000024741) (Subject)
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SC 13G/A - CORNING INC /NY (0000024741) (Subject)
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Agreement reserves 10% of Corning's global fiber capacity for each of the next two years to interconnect AI-enabled data centers Agreement will more than double Lumen's intercity network miles to unlock the next phases and capabilities of AI for cloud data centers, enterprises, and public agencies Lumen Technologies (NYSE:LUMN) today announced an agreement with Corning Incorporated (NYSE:GLW) for a substantial supply of next-generation optical cable. This fiber-dense cable will more than double Lumen's U.S. intercity fiber miles, offering significant capacity to major cloud data centers racing to stay ahead of AI workloads and high bandwidth applications fueled by massive amounts of dat
Outperformance was driven primarily by the strong adoption of new optical connectivity products for generative AI Management expects core sales to grow to ~$3.7 billion in the third quarter, with core EPS growing faster than sales and in the range of $0.50 to $0.54 Corning and Lumen Technologies reach an agreement to reserve 10% of Corning's global fiber capacity for each of the next two years to interconnect AI-enabled data centers Results and outlook reinforce management's confidence in its ‘Springboard' plan to add more than $3 billion in annualized sales with strong incremental profit and cash flow in the next three years, as cyclical factors and secular trends converge Corning
Management now expects Q2 core sales of approximately $3.6 billion, compared with guidance of $3.4 billion, and a return to year-over-year core sales and core EPS growth Outperformance primarily driven by strong adoption of new optical connectivity products for Generative AI ‘Springboard' framework is expected to add more than $3 billion in annualized sales and strong incremental profit in the next three years, as cyclical factors and secular trends combine Corning Incorporated (NYSE:GLW) today provided an update on expectations for its second-quarter 2024 results. The company now expects core sales of approximately $3.6 billion, compared with previous guidance of approximately $3.4 b
4 - CORNING INC /NY (0000024741) (Issuer)
3 - CORNING INC /NY (0000024741) (Issuer)
4 - CORNING INC /NY (0000024741) (Issuer)
Axion BioSystems today announced an agreement with Corning Incorporated (NYSE:GLW) that continues Corning's exclusive worldwide distribution rights for the Corning® Cell Counter. The simple yet powerful device, developed by Axion BioSystems and distributed by Corning, was recently included in the SelectScience® top 10 list of remarkable products advancing life science research. The agreement extends the successful collaboration between Corning and Axion BioSystems to bring essential, affordable lab tools to market and accelerate discovery. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20240807412467/en/The simple yet powerful Cor
Agreement reserves 10% of Corning's global fiber capacity for each of the next two years to interconnect AI-enabled data centersAgreement will more than double Lumen's intercity network miles to unlock the next phases and capabilities of AI for cloud data centers, enterprises, and public agenciesCORNING, N.Y. and DENVER, Aug. 1, 2024 /PRNewswire/ -- Lumen Technologies (NYSE:LUMN) today announced an agreement with Corning Incorporated (NYSE:GLW) for a substantial supply of next-generation optical cable. This fiber-dense cable will more than double Lumen's U.S. intercity fiber miles, offering significant capacity to major cloud data centers racing to stay ahead of AI workloads and high bandwid
Agreement reserves 10% of Corning's global fiber capacity for each of the next two years to interconnect AI-enabled data centers Agreement will more than double Lumen's intercity network miles to unlock the next phases and capabilities of AI for cloud data centers, enterprises, and public agencies Lumen Technologies (NYSE:LUMN) today announced an agreement with Corning Incorporated (NYSE:GLW) for a substantial supply of next-generation optical cable. This fiber-dense cable will more than double Lumen's U.S. intercity fiber miles, offering significant capacity to major cloud data centers racing to stay ahead of AI workloads and high bandwidth applications fueled by massive amounts of dat
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
On CNBC's “Halftime Report Final Trades,” Kevin Simpson of Capital Wealth Planning said Honeywell International Inc. (NASDAQ:HON) bought back 10% of their float over the last five years. Honeywell will release its second-quarter financial results, before the opening bell on Thursday, July 25. Analysts expect the Charlotte, North Carolina-based company to report quarterly earnings at $2.41 per share, up from $2.23 per share in the year-ago period. Honeywell is seen posting revenue of $9.41 billion, compared to $9.17 billion a year earlier, according to data from Benzinga Pro. Don't forget to check out our premarket coverage here Joshua Brown of Ritholtz Wealth Management said Corning
These ten large-cap stocks were the best performers in the last week. Are they in your portfolio? Rivian Automotive Inc (NASDAQ:RIVN) stock gained 21.37% in the last week following recent CPI Data. Additionally, the Department of Energy disclosed a $1.7 billion investment to transform 11 auto facilities that are either shut down or at risk into electric vehicle manufacturing plants and supply chain hubs. Enphase Energy Inc (NASDAQ:EMPH) stock upped 21.15% after the company announced residential and commercial products that can help solar projects qualify for the “Domestic Content Bonus Credit.” D.R. Horton, Inc. (NYSE:DHI) stock rocketed 12.53%. Shares of homebuilders, building com