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Corning rated Strong Buy with $177 target, driven by Optical Communications growth.

Analyst Insights
23 Sep 2026
Seeking Alpha
View Source
Bullish
Corning rated Strong Buy with $177 target, driven by Optical Communications growth.

Corning Incorporated is rated a Strong Buy with a price target of $177, implying a 12% upside from its current price of $158. The key growth driver is Optical Communications, particularly Enterprise Network revenue, which has grown 65% year-over-year. While the stock isn't cheap, the analyst believes Corning can grow into its valuation. Risks include slower AI infrastructure spending, delays in optical technology adoption, and weaker solar profitability.

Corning's focus on AI-driven fiber demand highlights its role in the growing tech infrastructure sector. On Pluang, GLW trades at USD 155.11, down 2.83% as of Sep 23, 2026 22:11 WIB, with a market cap of $137.56 billion. The stock shows a balanced order activity with 51% selling and 49% buying, and a dividend yield of 0.7%.

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