Corning Inc. (NYSE:GLW) saw a surge in stock price, hitting a new all-time high on Friday after an analyst raised its price target by 28%. The company’s stellar earnings in 2025, with net income tripling to $1.596 billion and net sales growing by 19% to $15.6 billion, buoyed investor confidence.
Procore Tech (PCOR) reported a 15.6% revenue growth in Q4 2025, reaching $349 million driven by expansion of high-value customers. In the same period, net income increased by 26% to $540 million and net sales inched up by 3% to $4.2 billion.
UBS raised Corning Inc.’s price target to $160 from $125 with a “buy” recommendation, forecasting $11 billion in incremental annualized sales over the next two years. The company’s “Springboard plan” aims to drive growth between 2023 and 2028, with this year alone targeting $6.5 billion in annualized sales.
While Corning Inc. (NYSE:GLW) shows promise as an investment, some AI stocks are seen to have greater potential for higher returns with limited downside risk. A free report on the best short-term AI stock is available for those seeking opportunities in this sector.
Read more at Yahoo Finance: Corning (GLW) Hits All-Time High as Analyst Hikes PT by 28%
