UBS Upgrades Corning to Buy on Strong AI Growth
ByAinvest
Tuesday, Sep 2, 2025 8:22 am ET1min read
GLW--
Spector cited ongoing AI-driven fiber growth as the primary driver behind the upgrade. He noted that data centers are requiring between four to 16 times more fiber content, a trend that is expected to continue as next-generation processors become more prevalent. Corning, as the leading producer of fiber optics, is well-positioned to capitalize on this trend [1].
In addition to AI, Spector identified other growth opportunities for Corning. He highlighted the company's significant presence in the U.S. solar market, where Corning has secured approximately 80% of restarted capacity over the next five years. This could boost annual sales by roughly $1.5 billion [1]. Spector also mentioned growth opportunities in specialty, life sciences, and automotive segments, as well as potential new applications for Corning's glass products in touchscreen panels and energy-efficient windows [1].
Shares of Corning have surged 41% in 2025, with the stock climbing more than 1% following the rating change. The upgrade from UBS is expected to prompt further investor focus on the technology company, which is poised to benefit from the ongoing AI revolution [2].
References:
[1] https://www.cnbc.com/2025/09/02/ubs-upgrades-this-glass-stock-calls-it-an-ai-beneficiary.html
[2] https://seekingalpha.com/news/4491034-corning-in-focus-as-ubs-upgrades-on-back-of-ai-growth
Corning's stock rose 1.2% in premarket trading as UBS upgraded the technology company due to continued benefits from artificial intelligence-driven fiber growth. The upgrade from UBS prompted investors to focus on Corning, which is expected to continue benefiting from AI growth.
Corning's stock rose 1.2% in premarket trading on Tuesday, September 2, 2025, following an upgrade from UBS to a "Buy" rating. The upgrade is based on the bank's expectation that the company will continue to benefit from artificial intelligence (AI)-driven fiber growth. UBS analyst Joshua Spector raised his price target to $84 from $65, signaling a 25% upside from Friday's close [1].Spector cited ongoing AI-driven fiber growth as the primary driver behind the upgrade. He noted that data centers are requiring between four to 16 times more fiber content, a trend that is expected to continue as next-generation processors become more prevalent. Corning, as the leading producer of fiber optics, is well-positioned to capitalize on this trend [1].
In addition to AI, Spector identified other growth opportunities for Corning. He highlighted the company's significant presence in the U.S. solar market, where Corning has secured approximately 80% of restarted capacity over the next five years. This could boost annual sales by roughly $1.5 billion [1]. Spector also mentioned growth opportunities in specialty, life sciences, and automotive segments, as well as potential new applications for Corning's glass products in touchscreen panels and energy-efficient windows [1].
Shares of Corning have surged 41% in 2025, with the stock climbing more than 1% following the rating change. The upgrade from UBS is expected to prompt further investor focus on the technology company, which is poised to benefit from the ongoing AI revolution [2].
References:
[1] https://www.cnbc.com/2025/09/02/ubs-upgrades-this-glass-stock-calls-it-an-ai-beneficiary.html
[2] https://seekingalpha.com/news/4491034-corning-in-focus-as-ubs-upgrades-on-back-of-ai-growth
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