Mizuho Raises its Price Target on Corning (GLW)
Quick Take
Mizuho increases price target for Corning (GLW) amid positive market outlook.
Key Points
- New price target set at $40 per share.
- Positive growth expected in glass and display technologies.
- Strong demand in semiconductor and fiber optics sectors.
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~2 min readJeff Lewis
2 min read
Corning Incorporated (NYSE:GLW) is one of the
10 Fastest Growing S&P 500 Stocks to Buy Now.
On May 12, 2026, Mizuho raised the firm’s price target on Corning Incorporated (NYSE:GLW) to $220 from $190 while maintaining an Outperform rating on the shares.
On May 7, 2026, Oppenheimer also raised the firm’s price target on Corning Incorporated (NYSE:GLW) to $210 from $120 and maintained an Outperform rating following the company’s investor day on May 6. The firm said it came away encouraged by Corning’s updated Springboard plan and its long-term AI optical infrastructure growth framework, including the introduction of its photonic MAP platform. Management outlined plans targeting annualized sales of $27B by year-end 2028 and $35B by year-end 2030, with internal targets reaching as high as $30B and $40B, respectively.
Citi also raised the firm’s price target on Corning Incorporated (NYSE:GLW) to $225 from $175 while maintaining a Buy rating on the shares. The firm pointed to Corning’s plans to increase optical connectivity manufacturing capacity by 10-times and expand U.S. fiber production capacity by more than 50% to address accelerating AI infrastructure demand.
Corning Incorporated (NYSE:GLW) operates businesses spanning optical communications, display technologies, specialty materials, automotive, and life sciences markets globally.
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— Originally published at finance.yahoo.com
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