Corning Gains Wall Street Backing Ahead of Jan. 28 Earnings

AI-driven demand for data‑center optics sets a supportive backdrop for the quarter.

Overview

Management guides fourth‑quarter revenue to about $4.35 billion with core EPS of $0.68 to $0.72.
Analyst consensus calls for roughly $4.35 billion in revenue and GAAP EPS near $0.62.
Morgan Stanley raised its price target to $98 in December while maintaining a Hold, citing tailwinds from AI infrastructure spending.
J.P. Morgan’s Samik Chatterjee reaffirmed a Buy on December 30 ahead of the earnings release.
Shares are up roughly 83% to 84% over the past year as AI‑related optical demand builds, with Jim Cramer calling the stock a “potential winner” and some analysts urging selectivity later in 2026.