Fintel reports that on March 31, 2026, Truist Securities initiated coverage of Corning (NYSE:GLW) with a Hold recommendation.
Analyst Price Forecast Suggests 3.51% Upside
As of March 27, 2026, the average one-year price target for Corning is $133.06/share. The forecasts range from a low of $91.91 to a high of $179.55. The average price target represents an increase of 3.51% from its latest reported closing price of $128.55 / share.
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The projected annual revenue for Corning is 16,600MM, an increase of 6.21%. The projected annual non-GAAP EPS is 3.29.
What is the Fund Sentiment?
There are 1,910 funds or institutions reporting positions in Corning. This is an decrease of 535 owner(s) or 21.88% in the last quarter. Average portfolio weight of all funds dedicated to GLW is 0.30%, an increase of 5.21%. Total shares owned by institutions decreased in the last three months by 11.25% to 619,568K shares. 
The put/call ratio of GLW is 0.68, indicating a bullish outlook.
What are Other Shareholders Doing?
Geode Capital Management holds 20,412K shares representing 2.38% ownership of the company. In its prior filing, the firm reported owning 19,895K shares , representing an increase of 2.53%. The firm decreased its portfolio allocation in GLW by 43.49% over the last quarter.
Bank Of America holds 17,382K shares representing 2.02% ownership of the company. In its prior filing, the firm reported owning 20,357K shares , representing a decrease of 17.11%. The firm decreased its portfolio allocation in GLW by 6.92% over the last quarter.
Capital Research Global Investors holds 16,891K shares representing 1.97% ownership of the company. In its prior filing, the firm reported owning 11,059K shares , representing an increase of 34.53%. The firm increased its portfolio allocation in GLW by 60.39% over the last quarter.
State Farm Mutual Automobile Insurance holds 13,920K shares representing 1.62% ownership of the company. No change in the last quarter.
Wellington Management Group Llp holds 12,572K shares representing 1.46% ownership of the company. In its prior filing, the firm reported owning 16,557K shares , representing a decrease of 31.70%. The firm decreased its portfolio allocation in GLW by 88.51% over the last quarter.
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