Corning Surges to 215th in Trading Volume with $437 Million Turnover

On May 21, 2025, Corning (GLW) saw a significant increase in trading volume, with a turnover of $437 million, marking a 63.1% rise from the previous day. This surge placed Corning at the 215th position in terms of trading volume for the day. The stock price of Corning rose by 0.42%.

Analysts have provided a range of recommendations for Corning, with opinions spanning from 'Strong Buy' to 'Sell'. The average price target for Corning, based on short-term forecasts from 12 analysts, is $54.42, with estimates ranging from a low of $44.00 to a high of $60.00. This indicates a mixed outlook on the stock's near-term performance.

Corning's recent financial performance has been robust. The company reported revenue of $3.68 billion for the quarter, surpassing analyst estimates of $3.63 billion. Additionally, Corning's earnings per share (EPS) for the quarter were $0.54, exceeding the consensus estimate of $0.51 by $0.03. The company's return on equity stood at 15.10%, reflecting strong financial health.

Corning's workforce has also seen growth, with the company employing 56,300 people as of December 31, 2024. This represents an increase of 6,500 employees, or 13.05%, compared to the previous year. This expansion suggests that Corning is investing in its human capital to support its business operations and future growth.