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Investor Insights

This summary was created by AI, based on 2 opinions in the last 12 months.

Experts have differing opinions on Corning Inc's stock, with one suggesting not to buy based on its inability to generate returns, while another praises the company's business models and joint ventures but advises to wait and not buy at the current price. Overall, it seems that the stock is not a clear buy at the moment and may require further analysis before making a decision.

Consensus
Mixed
Valuation
Fair Value
DON'T BUY
Corning Inc

Would not recommend buying. Hasn't be able to generate returns. 

misc industrial products
BUY ON WEAKNESS
Corning Inc

Best of companies in sector. Lots of business models and joint ventures. Not a good business in recession (consumer spending). Likes company, but wait to buy (not cheap, but not expensive). Wait to buy. 

misc industrial products
premium

This is a Panic-proof Portfolio opinion which is available only for Premium members

Curated by Michael O'Reilly since 2020.
1550+ opinions with 4.81 rating (one of the best performing expert).

PAST TOP PICK
Corning Inc
(A Top Pick May 12/22, Down 17%)Stockchase Research Editor: Michael O'Reilly

Our PAST TOP PICK with GLW has triggered its stop at $29.  To remain disciplined, we recommend covering the position at this time.  

misc industrial products
DON'T BUY
Corning Inc

Lots of exciting areas, but a 21-22x PE, which is too rich in a very cyclical business.

misc industrial products
DON'T BUY
Corning Inc
Too expensive for what you're getting, over 20x earnings. Whole space has stalled. Within the company, any promise would be in opticals such as 5G, automotive displays.
misc industrial products
premium

This is a Panic-proof Portfolio opinion which is available only for Premium members

Curated by Michael O'Reilly since 2020.
1550+ opinions with 4.81 rating (one of the best performing expert).

PAST TOP PICK
Corning Inc
(A Top Pick May 12/22, Down 2.9%)Stockchase Research Editor: Michael O'Reilly Our PAST TOP PICK with GLW is progressing well. To remain disciplined, we recommend trailing up the stop (from $27) to $29 at this time.
misc industrial products
PAST TOP PICK
Corning Inc
(A Top Pick Jun 28/21, Down 19%) Sold it last fall for $36. They're a cyclical stock, suffering supply chain shortages. Sales are down. But a great company. Make fibre-optic company. Looking to re-enter this after the supply chain rectifies.
misc industrial products
premium

This is a Panic-proof Portfolio opinion which is available only for Premium members

Curated by Michael O'Reilly since 2020.
1550+ opinions with 4.81 rating (one of the best performing expert).

TOP PICK
Corning Inc
Stockchase Research Editor: Michael O'Reilly GLW is the maker of Gorilla Glass, vaccine vials, and glass products used in LED display and fiber optics. It operates in 15 countries. Recent earnings seem to demonstrate the continued ability to pass along rising costs to its customers, making it a good inflation hedge. And with next years earnings expected to be stronger, it supports a 13x earnings valuation, compared to peers at 28x. The dividend has been growing for 13 consecutive years and is expected to be a payout ratio of <45%, based on next year's earning outlook. The company has been using some cash reserves to buy back stock and retire debt, but there is plenty still left in the tank. We recommend a stop loss at $27, looking to achieve $46 -- upside potential over 30%. Yield 3.0% (Analysts’ price target is $46.10)
misc industrial products
HOLD
Corning Inc
Longer term, room for growth. A company with low earnings predictability. During times of angst, market is not as confident in it, so it trades off. Valuation of 14.5x earnings. Glass for technology and fibre optics. Decent hold, expect volatility.
misc industrial products
TOP PICK
Corning Inc
They make gorilla glass for the iPhone and flat screen TVs. 5G will cause their fibre business to grow. Hey have huge free cash flow, more than a reasonable valuation, and double digit growth with a growing dividend. (Analysts’ price target is $48.38)
misc industrial products
PAST TOP PICK
Corning Inc
(A Top Pick Apr 20/20, Up 131%) The drawdown when the market pulled back was much further than it has historically been. A good business. Should look at it when the dividend is around 3%. It is a mission critical product for glass, tvs, etc. He no longer holds it.
misc industrial products
BUY
Corning Inc
A solid industrials company. They've been up and down for a long while, but now have gotten their act together.
misc industrial products
BUY
Corning Inc
It's performed reasonably well. He expects good growth in years to come in healthcare and iPhone-related (they make the glass) businesses.
misc industrial products
DON'T BUY
Corning Inc
They don't create enough profit. Won't benefit from the vaccine rush.
misc industrial products
PAST TOP PICK
Corning Inc
(A Top Pick Sep 06/19, Up 12%) Likes it and its 5G exposure. Sold because it didn't hold up well during the March 23 selloff, and likely wouldn't do so again. Fairly valued at these levels. If it got into the $15-20 range, he'd be a buyer again.
misc industrial products
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Corning Inc(GLW-N) Rating

Ranking : 3 out of 5

Bullish - Buy Signals / Votes : 2

Neutral - Hold Signals / Votes : 0

Bearish - Sell Signals / Votes : 1

Total Signals / Votes : 3

Stockchase rating for Corning Inc is calculated according to the stock experts' signals. A high score means experts mostly recommend to buy the stock while a low score means experts mostly recommend to sell the stock.

Corning Inc(GLW-N) Frequently Asked Questions

What is Corning Inc stock symbol?

Corning Inc is a American stock, trading under the symbol GLW-N on the New York Stock Exchange (GLW). It is usually referred to as NYSE:GLW or GLW-N

Is Corning Inc a buy or a sell?

In the last year, 3 stock analysts published opinions about GLW-N. 2 analysts recommended to BUY the stock. 1 analyst recommended to SELL the stock. The latest stock analyst recommendation is . Read the latest stock experts' ratings for Corning Inc.

Is Corning Inc a good investment or a top pick?

Corning Inc was recommended as a Top Pick by on . Read the latest stock experts ratings for Corning Inc.

Why is Corning Inc stock dropping?

Earnings reports or recent company news can cause the stock price to drop. Read stock experts’ recommendations for help on deciding if you should buy, sell or hold the stock.

Is Corning Inc worth watching?

3 stock analysts on Stockchase covered Corning Inc In the last year. It is a trending stock that is worth watching.

What is Corning Inc stock price?

On 2024-11-21, Corning Inc (GLW-N) stock closed at a price of $47.605.