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GLW

CORNING INC

Information Technology · Electronic Components

$133.20

+2.57%

Vol: 0.1M

Araverus Market Read

Thursday, March 19, 2026

Positive

BofA's $144 price target lifts Corning as AI optical innovations drive growth.

Bank of America raised Corning's price target to $144 from $120 with a Buy rating, reflecting strong optical connectivity demand for AI data centers. The company surged 180% over the past year through partnerships with Meta, Microsoft, and Lumen. Pre-market stock decreased 0.94% to $130.99, with 11 analysts recommending buys against 1 sell.

Price 50d 200d

Previous Market Reads

2 of 2 days

Sector Peers

CompanyPriceDay1MFwd P/EBetaMkt Cap
NVDANVIDIA$178.50-1.18%-3.5%16.1x2.38$4.34T
AAPLAPPLE$248.91-0.51%-5.7%26.7x1.12$3.66T
MSFTMICROSOFT$389.28-0.64%-1.8%20.6x1.11$2.89T
AVGOBROADCOM$319.77+1.12%-3.8%18.1x1.26$1.52T
MUMICRON$444.60-3.71%+11.1%4.7x1.54$500.0B
ORCLORACLE$155.66+1.81%+1.0%19.5x1.65$447.3B
PLTRPALANTIR$155.70+1.88%+17.0%83.4x1.74$372.3B
AMDADVANCED$205.36+2.96%+1.1%19.1x2.02$334.7B
CSCOCISCO$78.50+1.06%+2.2%17.4x0.83$310.2B

Fundamentals

Market Cap$114.2B
P/E (TTM)72.7
Forward P/E34.0
Beta1.02
Div Yield86.00%
Prev Close$129.86

RSI (14-Day)

38Neutral
0305070100

52-Week Range

$37.31$133.20$162.10
From High-17.8%
From Low+257.0%

Moving Averages

50d SMA
$120.00+11.0%
200d SMA
$84.35+57.9%

Price above both MAs — bullish structure.

Returns

1W
+2.6%
1M
+1.1%
3M
+54.6%
6M
+74.2%
1Y
+186.0%
YTD
+47.2%

Volume

Today96K
20d Avg13.5M
Ratio0.01x