73/100BCorning stock forecast 2026–2030
Analysts' average 12-month price target for Corning is 167.71, 57.9% above the current price of 106.18. Their targets range from 132.00 to 200.00.
Of the 10 firms that rated Corning in the past 12 months, 7 rate it buy or strong buy, 3 hold and 0 sell or strong sell (each firm at its latest rating): a Buy consensus.
Analysts' 1-year price targets range from 132.00 to 200.00, with an average of 167.71.
| Strong buy | 0 | |
| Buy | 7 | |
| Hold | 3 | |
| Sell | 0 | |
| Strong sell | 0 |
12-month price target
| Highest target | 200.00 |
| Average target | 167.71 |
| Lowest target | 132.00 |
| Current price | 106.18 |
Corning price target history
Have analysts recently raised or lowered their Corning price target and rating?
How analysts rate Corning, month by month
7 of 10 firms rate it buy now, against 9 of 11 in December 2025.
Each month: every firm at its latest rating from the 12 months before. Strong buys count as buys, strong sells as sells.
Corning analyst upgrades, downgrades and price targets
The latest rating change came on 3 August 2026, when Truist Securities upgraded Corning from Hold to Buy. The most recent new target came from Barclays on 28 October 2026: 132.00.
| Date | Firm | Rating | Price target | Change | Price then |
|---|---|---|---|---|---|
| 28 Oct 2026 | Barclays | Reiterated · Equal Weight | 129.00 → 132.00 | +2.3% | 126.36 |
| 28 Oct 2026 | Morgan Stanley Meta Marshall | Reiterated · Equal Weight | 165.00 → 155.00 | -6.1% | 126.36 |
| 28 Oct 2026 | UBS Joshua Spector | Reiterated · Buy | 201.00 → 192.00 | -4.5% | 126.36 |
| 5 Oct 2026 | UBS | Reiterated · Buy | 196.00 → 201.00 | +2.6% | 164.16 |
| 30 Sept 2026 | Bernstein Daniel Zhu | — | 140.00 | — | 158.75 |
| 15 Sept 2026 | Mizuho Securities John Roberts | Reiterated · Outperform | 210.00 → 180.00 | -14.3% | 143.50 |
| 3 Aug 2026 | Truist Securities | Upgraded · Hold → Buy | — | — | — |
| 2 Aug 2026 | Truist Financial | — | 205.00 → 175.00 | -14.6% | 138.25 |
| 29 Jul 2026 | Morgan Stanley | Reiterated · Equal Weight | 180.00 → 165.00 | -8.3% | 125.88 |
| 29 Jul 2026 | Mizuho Securities | Reiterated · Outperform | 270.00 → 210.00 | -22.2% | 125.88 |
| 29 Jul 2026 | UBS Joshua Spector | — | 243.00 → 196.00 | -19.3% | 125.88 |
| 29 Jul 2026 | Oppenheimer | Reiterated · Outperform | 230.00 → 200.00 | -13.0% | 125.88 |
| 29 Jul 2026 | Barclays Tim Long | Reiterated · Equal Weight | 180.00 → 129.00 | -28.3% | 125.88 |
| 7 Jul 2026 | Oppenheimer Martin Yang | Reiterated · Outperform | 120.00 → 230.00 | +91.7% | 194.77 |
| 6 Jul 2026 | UBS | — | 228.00 → 243.00 | +6.6% | 196.70 |
| 1 Jul 2026 | Mizuho Securities John Roberts | Reiterated · Outperform | 220.00 → 270.00 | +22.7% | 255.54 |
| 22 Jun 2026 | Truist Financial Matthew Niknam | Reiterated · Hold | 149.00 → 205.00 | +37.6% | 195.00 |
| 5 Jun 2026 | UBS Joshua Spector | Reiterated · Buy | 223.00 → 228.00 | +2.2% | 197.93 |
| 12 May 2026 | Mizuho Securities | Reiterated · Outperform | 160.00 → 220.00 | +37.5% | 207.30 |
| 8 May 2026 | Morgan Stanley Meta Marshall | — | 140.00 → 180.00 | +28.6% | 192.70 |
| 8 May 2026 | Barclays Tim Long | Reiterated · Equal Weight | 149.00 → 180.00 | +20.8% | 182.42 |
| 7 May 2026 | UBS | Reiterated · Buy | 125.00 → 223.00 | +78.4% | 181.57 |
| 29 Apr 2026 | Truist Financial | Reiterated · Hold | 149.00 | — | 149.31 |
| 29 Apr 2026 | Susquehanna | Reiterated · Positive | 125.00 → 180.00 | +44.0% | 153.05 |
| 29 Apr 2026 | Barclays Tim Long | Reiterated · Equal Weight | 100.00 → 149.00 | +49.0% | 153.05 |
| 20 Apr 2026 | Morgan Stanley Meta Marshall | Reiterated · Equal Weight | 127.00 → 140.00 | +10.2% | 164.37 |
| 16 Apr 2026 | JP Morgan | Downgraded · Overweight → Neutral | — | — | — |
| 8 Apr 2026 | Mizuho Securities | — | 145.00 → 160.00 | +10.3% | 165.10 |
| 23 Feb 2026 | Morgan Stanley | Reiterated · Equal Weight | 103.00 → 127.00 | +23.3% | 139.51 |
| 23 Feb 2026 | Mizuho Securities | — | 120.00 → 145.00 | +20.8% | 139.51 |
| 13 Feb 2026 | HSBC Stephen Bersey | — | 135.00 | — | 131.50 |
| 30 Jan 2026 | UBS Joshua Spector | — | 109.00 → 125.00 | +14.7% | 105.58 |
| 29 Jan 2026 | Morgan Stanley | Reiterated · Equal Weight | 98.00 → 103.00 | +5.1% | 100.86 |
| 29 Jan 2026 | Oppenheimer | — | 100.00 → 120.00 | +20.0% | 102.76 |
| 29 Jan 2026 | Susquehanna | Reiterated · Positive | 100.00 → 125.00 | +25.0% | 104.29 |
| 29 Jan 2026 | Mizuho Securities | Reiterated · Outperform | 97.00 → 120.00 | +23.7% | 104.29 |
| 29 Jan 2026 | Barclays | — | 83.00 → 100.00 | +20.5% | 104.29 |
| 27 Jan 2026 | Wolfe Research George Notter | — | 130.00 | — | 110.98 |
| 17 Dec 2025 | Morgan Stanley Meta Marshall | Reiterated · Equal Weight | 82.00 → 98.00 | +19.5% | 86.29 |
| 21 Nov 2025 | UBS | Reiterated · Buy | 100.00 → 109.00 | +9.0% | 78.03 |
Corning EPS and revenue estimates
Analysts expect Corning's EPS to grow 49.4% a year until 2028, faster than over the last 5 years (27.9% a year) and the last 3 years (6.3%).
Analysts expect Corning's revenue to grow 22.0% a year until 2028, faster than over the last 5 years (6.7% a year) and the last 3 years (3.3%).
Revenue
EPS
Does Corning beat earnings estimates?
On average, analysts' EPS estimate was 3.2% off the result, either way, and their revenue estimate 4.2%, over the last 12 quarters.
- EPS beats
- 95 / 132
- Revenue beats
- 78 / 119
- Average EPS surprise, last 12
- +2.8%
- Since
- January 1993
| Quarter | Report date | EPS estimate | Reported EPS | Surprise | Revenue estimate | Reported revenue | Surprise |
|---|---|---|---|---|---|---|---|
| Q3 FY2026 | 27 Oct 2026 | 0.88 | 0.91 | +3.3% | 5.03B | 5.08B | +1.1% |
| Q2 FY2026 | 28 Jul 2026 | 0.76 | 0.78 | +3.3% | 4.63B | 4.74B | +2.3% |
| Q1 FY2026 | 28 Apr 2026 | 0.69 | 0.70 | +1.2% | 4.30B | 4.35B | +1.1% |
| Q4 FY2025 | 28 Jan 2026 | 0.71 | 0.72 | +1.8% | 4.36B | 4.41B | +1.1% |
| Q3 FY2025 | 28 Oct 2025 | 0.67 | 0.67 | +0.8% | 4.23B | 4.10B | -3.1% |
| Q2 FY2025 | 29 Jul 2025 | 0.57 | 0.60 | +5.1% | 3.86B | 3.86B | +0.2% |
| Q1 FY2025 | 29 Apr 2025 | 0.51 | 0.54 | +6.5% | 3.64B | 3.45B | -5.3% |
| Q4 FY2024 | 29 Jan 2025 | 0.56 | 0.57 | +1.8% | 3.76B | 3.50B | -7.0% |
| Q3 FY2024 | 29 Oct 2024 | 0.53 | 0.54 | +2.7% | 3.72B | 3.39B | -8.8% |
| Q2 FY2024 | 30 Jul 2024 | 0.46 | 0.47 | +1.5% | 3.55B | 3.25B | -8.4% |
| Q1 FY2024 | 30 Apr 2024 | 0.35 | 0.38 | +8.0% | 3.12B | 2.98B | -4.6% |
| Q4 FY2023 | 30 Jan 2024 | 0.40 | 0.39 | -2.5% | 3.25B | 2.99B | -8.0% |
Corning stock price 2026–2030: scenarios
If Corning's earnings keep growing at the 34.6% a year analysts expect to FY2028, it would earn about 11.18 a share in FY2030. At the P/E it has traded at over the last five years (20.5 to 80.5) that is 228.89 to 900.43 a share, or 493.83 at its average P/E of 44.2. This is arithmetic on the analysts' estimates, not a prediction.
| Fiscal year | EPS | Bear | Base | Bull |
|---|---|---|---|---|
| FY2026 | 3.36 | 68.77 | 148.37 | 270.53 |
| FY2027 | 4.50 | 92.23 | 198.99 | 362.83 |
| FY2028 | 6.17 | 126.33 | 272.55 | 496.97 |
| FY2029 (extrapolated) | 8.31 | 170.05 | 366.87 | 668.94 |
| FY2030 (extrapolated) | 11.18 | 228.89 | 493.83 | 900.43 |
Each year's EPS is the analysts' consensus to FY2028; the years after continue its 34.6% a year. Bear, base and bull apply the lowest, average and highest P/E of the last five fiscal year ends (20.5, 44.2, 80.5).
Is Corning stock undervalued or overvalued?
Corning's P/E of 42.5 is around the middle of its 5-year range (12.3 to 296.4, median 42.7). It is in line with its own history. Buyers pay less for each point of growth than usual: a PEG of 0.9 on expected growth against 1.5 on its median P/E and past five years' growth. Growing 49.4% a year, Corning earns a P/E of 25.0 at a PEG of 1 (at most 25): × the next twelve months' EPS of 4.34, a fair value of 108.38, close to the price of 106.18. Its forward P/E, on the consensus for FY2026, is 31.6.
Fair value on growth is a P/E equal to the EPS growth analysts expect a year (a PEG of 1, at most 25) times the earnings per share of the next twelve months; the ends of the bar are a PEG of 0.75 and 1.25 (a P/E of 18.8 and 31.3). The price against its P/E range
- Price to earnings ratio (TTM)
- 42.47
- Five-year median P/E
- 42.71
- Five-year P/E range
- 12.3 – 296.4
- Forward P/E (FY2026)
- 31.61
- PEG ratio
- 1.23
- To the average target
- +57.9%
Most undervalued US stocks
| Stock | Price | Fair value | Upside |
|---|---|---|---|
| 99.090 | 195.09146Price 99.09244 | +96.9% | |
| 186.680 | 359.93270Price 186.68450 | +92.8% | |
| 213.670 | 405.66304Price 213.67507 | +89.9% | |
| 161.160 | 305.51157Price 161.16396 | +89.6% | |
| 42.225 | 79.0244Price 42.23157 | +87.1% | |
| 160.650 | 299.85225Price 160.65375 | +86.6% | |
| 108.445 | 201.41108Price 108.45248 | +85.7% |
Furthest below the fair value on each stock's page, updated every day.