Corning Incorporated specializes in glass and ceramics, with operations in Display Technologies, Optical Communications, and more. Market cap is $74.95B. Stock has risen 81.2% in 52 weeks. Q3 earnings released on Oct. 28. Stock hit 52-week high of $92.57. Outperformed S&P 500 and tech sector.

Q3 results show net sales up 21% YOY to $4.10B. Core sales up 14% to $4.27B. Core EPS grew 24% to $0.67, beating estimates. Approaching second anniversary of “Springboard” growth plan. Adding $4B to sales run rate. Expects operating margin target of 20%. Q4 core sales estimated at $4.35B.

Analysts expect EPS to grow 27.6% YOY to $2.50 in fiscal 2025. EPS expected to increase 19.6% annually to $2.99 in fiscal 2026. Consistently surpasses consensus estimates. Consensus rating of “Strong Buy” from 13 Wall Street analysts, with bullish price targets.

Analysts raise price target on Corning stock to $100. Sees increased revenue from Polysilicon and Fiber business growth. Mean price target of $94.46 suggests 10.9% upside. Street-high target of $110 indicates 29.1% potential upside. Analysts remain positive on stock outlook.

Read more at Yahoo Finance: Are Wall Street Analysts Bullish on Corning Incorporated Stock?