Corning, Inc (GLW) gets rating Initiated from Wolfe Research

In a filing, Corning, Inc revealed its Exec. Vice President & CCDO Zhang John Z unloaded Company’s shares for reported $79425.0 on Aug 12 ’25. In the deal valued at $65.53 per share,1,212 shares were sold. As a result of this transaction, Zhang John Z now holds 0 shares worth roughly $0.0.

Then, Musser Eric S sold 18,850 shares, generating $1,231,184 in total proceeds. Upon selling the shares at $65.31, the President now owns 164,670 shares.

Before that, John Zhang bought 1,212 shares. Corning, Inc shares valued at $79,420 were divested by the Officer at a price of $65.53 per share.

Wolfe Research initiated its Corning, Inc [GLW] rating to an Outperform in a research note published recently. A number of analysts have revised their coverage, including HSBC Securities’s analysts, who increased its forecast for the stock in late January from “a Hold” to “a Buy”. Mizuho also remained covering GLW and has increased its forecast on August 21, 2024 with a “an Outperform” recommendation from previously “Neutral” rating. Deutsche Bank revised its rating on July 31, 2024. It rated GLW as “a Buy” which previously was an “a Hold”.

Price Performance Review of GLW

On Tuesday, Corning, Inc [NYSE:GLW] saw its stock jump 1.18% to $65.75. Over the last five days, the stock has gained 4.08%. Corning, Inc shares have risen nearly 70.29% since the year began. Nevertheless, the stocks have risen 38.36% over the past one year. While a 52-week high of $66.50 was reached on 08/07/25, a 52-week low of $37.31 was recorded on 04/07/25.

Levels Of Support And Resistance For GLW Stock

The 24-hour chart illustrates a support level at 65.30, which if violated will result in even more drops to 64.86. On the upside, there is a resistance level at 66.14. A further resistance level may holdings at 66.54.

How much short interest is there in Corning, Inc?

A steep rise in short interest was recorded in Corning, Inc stocks on 2025-07-31, dropping by -1.3 million shares to a total of 11.97 million shares. Yahoo Finance data shows the prior-month short interest on 2025-06-30 was 13.26 million shares. There was a decline of -10.83%, which implies that there is a negative sentiment for the stock.

Most Popular

Knox Daily
Privacy Overview

This website uses cookies so that we can provide you with the best user experience possible. Cookie information is stored in your browser and performs functions such as recognising you when you return to our website and helping our team to understand which sections of the website you find most interesting and useful.