Corning Incorporated (NYSE:GLW) is one of the 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. While we acknowledge the potential of GLW as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk.