Corning Incorporated ($GLW) Stock Forecast: Down 7.2% Today

What is Corning Incorporated?

Corning Incorporated ($GLW) is a renowned American technology company specializing in materials science, known for its innovations in glass, ceramics, and related materials. The company has recently made a strategic pivot towards becoming an AI infrastructure supplier, capitalizing on the growing demand for optical fiber in AI and data centers.

Why is Corning Incorporated going down?

GLW stock is down 7.2% on Feb 26, 2026 19:06

• A significant reduction in its stake by Primecap Management Co. CA, selling 384,000 shares, may have influenced the bearish movement in the stock today.
• Despite the sell-off by Primecap, positive sentiment surrounding Corning's pivot as an AI infrastructure supplier, strong earnings, and analyst upgrades could not fully counter the impact of the institutional selling.
• Citigroup has raised Corning's price target to $170 per share, driven by the projected growth in optical fiber demand for AI infrastructure, indicating long-term positive prospects for the company despite the short-term market dip.
• The overall market sentiment towards Corning appears optimistic, focusing on its strategic direction and potential growth in high-demand sectors like AI and data centers, despite some fluctuations due to institutional actions.

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GLW News

Primecap Management Co. CA Has $723.41 Million Stock Position in Jabil, Inc. $JBL

Primecap Management Co. CA reduced its stake in Jabil, Inc. by 2.3% in the third quarter, still holding over $723 million worth of shares. Other institutional investors like Norges Bank and Boston Partners significantly increased their positions. Despite insider sales totaling over $42 million, Jabil's stock is up 4.3%, with solid earnings beating estimates and analysts expressing a "Moderate Buy" rating.

https://www.marketbeat.com/instant-alerts/filing-primecap-management-co-ca-has-72341-million-stock-position-in-jabil-inc-jbl-2026-02-26/

Primecap Management Co. CA Sells 384,000 Shares of Corning Incorporated $GLW

Primecap Management Co. CA reduced its stake in Corning Incorporated by 7.7% in the third quarter, selling 384,000 shares. Despite this, several other institutional investors increased their holdings, and the company has seen positive sentiment due to its pivot as an AI infrastructure supplier, strong earnings, and analyst upgrades. Corning also announced a quarterly dividend of $0.28 per share.

https://www.marketbeat.com/instant-alerts/filing-primecap-management-co-ca-sells-384000-shares-of-corning-incorporated-glw-2026-02-26/

TD Asset Management Inc Acquires 1,203,822 Shares of Corning Incorporated $GLW

TD Asset Management Inc significantly increased its stake in Corning Incorporated (NYSE:GLW) by 165.1%, purchasing an additional 1,203,822 shares to reach a total of 1,933,156 shares valued at $158.58 million. This surge in institutional ownership coincides with Corning's strategic pivot from a traditional glass maker to an AI infrastructure supplier, driven by strong demand for optical fiber in AI and data centers. The company has also seen numerous analyst upgrades, boosting its stock performance, despite some insider selling and valuation concerns.

https://www.marketbeat.com/instant-alerts/filing-td-asset-management-inc-acquires-1203822-shares-of-corning-incorporated-glw-2026-02-26/

Ramaco Resources posts 2025 loss, record $521M liquidity | METC Stock News

Ramaco Resources (NASDAQ: METC) reported a net loss for both Q4 and full-year 2025, but achieved record liquidity of $521 million. The company announced a new proprietary carbochlorination flowsheet for rare earth and critical mineral processing from coal, which it expects to significantly increase revenue and simplify the process. Ramaco also provided 2026 guidance, projecting increased metallurgical coal sales and production, and outlined plans to accelerate low-vol coal growth projects.

https://www.stocktitan.net/news/METC/ramaco-resources-reports-fourth-quarter-and-full-year-2025-j7dexeyfwntf.html

Key facts: Citigroup raises Corning price target to $170; optical fiber demand grows

Citigroup has raised its price target for Corning (GLW) to $170.00 per share, up from $120.00, while maintaining a 'Buy' rating. This increase is driven by projected growth in Corning's optical fiber demand, specifically due to the increasing infrastructure needs of AI, which relies heavily on polymers and specialty materials for high-density GPU operations.

https://www.tradingview.com/news/tradingview:4a0a34079b5b7:0-key-facts-citigroup-raises-corning-price-target-to-170-optical-fiber-demand-grows/

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Corning Incorporated Price History

25.01.2026 - GLW Stock was up 6.2%

• The bullish movement in Corning Inc.'s stock can be attributed to its strategic shift towards providing essential components for AI data centers, such as RocketRibbon® XD and Contour Flow, which cater to the increasing demands of AI workloads.
• The company's innovative "Springboard" strategy, focusing on high-density optical fiber solutions, has not only increased sales and margins but has also positioned Corning as a critical player in the digital future.
• The conditional EU approval of ImmunityBio's ANKTIVA and Keysight Technologies Inc.'s impressive revenue surge in AI ventures may have contributed to positive sentiment in the tech sector, further boosting Corning's stock performance.
• Despite geopolitical and economic risks, Corning's strong financial growth, strategic partnerships, and government initiatives like the BEAD program indicate a promising outlook for the company as it continues to play a vital role in the AI ecosystem.

26.01.2026 - GLW Stock was down 7.2%

• A significant reduction in its stake by Primecap Management Co. CA, selling 384,000 shares, may have influenced the bearish movement in the stock today.
• Despite the sell-off by Primecap, positive sentiment surrounding Corning's pivot as an AI infrastructure supplier, strong earnings, and analyst upgrades could not fully counter the impact of the institutional selling.
• Citigroup has raised Corning's price target to $170 per share, driven by the projected growth in optical fiber demand for AI infrastructure, indicating long-term positive prospects for the company despite the short-term market dip.
• The overall market sentiment towards Corning appears optimistic, focusing on its strategic direction and potential growth in high-demand sectors like AI and data centers, despite some fluctuations due to institutional actions.

13.01.2026 - GLW Stock was down 6.9%

• The recent bearish movement in Corning's stock (GLW) can be attributed to insider selling activities, with the Executive Vice President & Chief Commercial Development Officer, John Zhang, selling a significant number of shares. This could have raised concerns among investors about the company's future prospects.
• Despite the positive news of securing a multi-billion dollar fiber optic supply deal with Meta Platforms and exceeding operating margin targets, the overvaluation of the stock compared to its intrinsic value and high P/E ratio may have led to profit-taking by insiders and investors.
• The market might be reacting to the stretched valuation multiples and the pattern of insider selling, indicating a potential lack of confidence in the sustainability of the stock's rally. Investors may be cautious about the company's ability to meet its ambitious sales targets outlined in the Springboard plan amidst the current market and operational risks.

26.01.2026 - GLW Stock was down 5.4%

• Potential profit-taking by Primecap Management Co. CA, selling 384,000 shares in the third quarter, might have contributed to the bearish movement in Corning Incorporated's stock price.
• Despite the optimistic outlook and strategic pivot, the increased institutional ownership by TD Asset Management Inc could lead to concerns about potential overvaluation, influencing the stock's downward trend.
• Citigroup's upward adjustment of Corning's price target to $170, driven by anticipated growth in optical fiber demand, could suggest promising long-term prospects for the company amid short-term bearish activity.
• Market sentiment surrounding Corning could have been impacted by the news of Applied Materials' significant penalty for export violations, underscoring regulatory risks in the tech industry and potentially affecting investor confidence in related firms like Corning.

24.01.2026 - GLW Stock was up 5.0%

• Corning's strategic shift towards providing optical fiber for AI data centers has positioned the company as a crucial component in the AI revolution, driving significant financial growth.
• The closure of Corning's distribution hub in Tarboro, resulting in job losses, may have had a minimal impact on the overall market movement of GLW, as investors are likely more focused on the company's AI-related advancements.
• Apple's significant expansion of U.S. manufacturing operations, including the production of Mac mini and advanced AI servers, may have indirectly benefited Corning by boosting investor confidence in the AI sector as a whole.
• Despite potential geopolitical and economic risks, Corning's strong partnerships and innovative solutions like RocketRibbon® XD and Contour Flow are likely contributing to the bullish market movement of GLW.

20.01.2026 - GLW Stock was up 5.8%

• Corning's stock surged by 6.1%, driven by investor optimism about its increasing involvement in AI data center connectivity, backed by a substantial fiber-and-cabling agreement valued at up to $6 billion.
• Positive earnings outlook and a focus on the Optical Communications segment as a key growth driver bolstered investor confidence in Corning's future.
• The stock's upward momentum was supported by bullish options flow and momentum trading, reflecting a favorable market sentiment towards Corning's strategies and revenue potential.
• Despite some executive insider selling, the overall market sentiment remained positive, with analysts raising price targets and expressing optimism about Corning's expansion efforts.

20.01.2026 - GLW Stock was up 7.6%

• Corning's 6.1% surge is linked to the positive investor sentiment surrounding its increased involvement in AI data center connectivity. This is driven by a substantial multiyear agreement worth up to $6 billion with a major player like Meta Platforms.
• The bullish options flow and momentum trading have further propelled Corning's stock up, highlighting its Optical Communications segment as a crucial growth factor that resonated favorably with investors.
• Analysts have raised their price targets optimistically following the Meta deal and strong Q4 earnings. This indicates a optimistic outlook on Corning's strategic expansion into high-demand fiber and connectivity solutions, further solidifying its position for long-term growth.
• The insider selling trend in Aveanna Healthcare and the announcement of Streamex's gold-backed tokenized security launch, while intriguing, do not directly influence Corning's bullish movement observed today.

20.01.2026 - GLW Stock was up 5.2%

• The bullish movement in Corning Inc. (GLW) stock could be attributed to positive market sentiment surrounding the company's recent performance and future growth prospects.
• The announcement of Streamex Corp.'s launch of GLDY, a gold-backed tokenized security, might have sparked investor interest in alternative investment opportunities, indirectly benefiting GLW.
• Despite concerns raised about insider selling at Aveanna Healthcare impacting investor sentiment, it seems that investors are more focused on the potential growth and value of Corning Inc., leading to the bullish movement.
• Corning's slightly decreased stock price today, amidst a generally positive trend, could be a minor correction or profit-taking by some investors, rather than a reflection of significant negative news or developments.

18.01.2026 - GLW Stock was up 5.2%

• The positive momentum in GLW stock can be credited to several factors:
• Exceeding analyst expectations in Q3 earnings, with $0.72 EPS and $4.41 billion in revenue, demonstrating strong financial performance.
• Increased institutional investments from firms like Krilogy Financial LLC and Cibc World Market Inc., indicating confidence in Corning's growth prospects.
• Strategic focus on advanced optical networking technologies, exemplified by the Meta AI fiber contract, attracting investor attention and contributing to optimistic market sentiment.
• Market movements may also reflect a broader trend towards companies embracing AI technologies, as observed in the Coherent Corp. reference, illustrating a rising investor interest in tech companies driving innovation in this sector.

25.01.2026 - GLW Stock was up 5.5%

• Corning's ex-dividend announcement may have attracted investors seeking income opportunities, contributing to the bullish movement.
• The increase in stakes in NVIDIA Corporation (NVDA) by Principal Financial Group Inc. and Prostatis Group LLC could have positively influenced market sentiment, indirectly benefiting Corning as well.
• Despite the closure of its distribution center in North Carolina leading to layoffs, Corning's strategic moves in other areas may have reassured investors about the company's long-term growth potential, further boosting its stock performance.

25.01.2026 - GLW Stock was up 5.5%

• Institutional investors increasing their stake in NVIDIA Corporation may have positively impacted tech stocks, including Corning Inc.
• The closure of Corning Inc.'s distribution center in North Carolina, resulting in layoffs, could be viewed as a strategic operational optimization to potentially enhance profitability.
• Corning Inc. reaching a new 52-week high signals strong growth and market position, likely attracting more investors and contributing to its stock's bullish momentum.
• The collective effect of favorable developments in the tech industry and strategic decisions by Corning Inc. may have fueled today's upward movement in the stock.

25.01.2026 - GLW Stock was up 5.4%

• The bullish movement in GLW stock today may be linked to the company's upcoming dividend payment of $0.28 per share, attracting income-seeking investors.
• Apple's recent expansion of U.S. manufacturing, including sourcing over $20 billion in U.S.-made chips, could have had a positive impact on GLW as a supplier of materials for tech products.
• The increased stake in NVIDIA Corporation by institutional investors like Principal Financial Group Inc. and Prostatis Group LLC may have bolstered investor confidence in the tech sector, benefiting companies like Corning Inc.
• Overall, the optimistic market sentiment towards tech companies and the potential rise in demand for materials in manufacturing may have contributed to the bullish movement in GLW stock today.