Corning Incorporated | GLW

Daily Technical Analysis of Corning Incorporated

Corningrporated moved up less than 1% today. The market isn't being very decisive in its valuation of Computer Hardware company.

Corningrporated doesn't seem to be at a very clear reversal point in either direction. But let's also consider momentum! Corningrporated has had a nice run over the last year and provided good returns to shareholders. Over the previous year, the Computer Hardware company has grown 68.45 percent which isn't too bad. GLW might find some support at the 27.76 level, buyers might push the price back up from here. But it's not very clear what will happen.

Analyst Ratings for Corningrporated By Price Target And Rating

The analysts are pretty neutral on Corningrporated right now, so not much useful information here. The current Analysts Sentiment Score is -0.21. Most companies range between (-200 to 200).

Here's a break down of the latest rating changes. On 2024-01-31 Barclays increased their price target by 25% to $35.00. On 2024-01-11 UBS Group increased their price target by 10.34% to $32.00. On 2023-10-25 there was a downgrade announced by Deutsche Bank Aktiengesel from Buy to Hold and decided to decrease their price target by -18.92% down to $30.00. Morgan Stanley announced a lowering of their price target to $33.00 from $38.00 on 2023-10-25. Oppenheimer announced a lowering of their price target to $37.00 from $42.00 on 2023-10-25. JPMorgan Chase & Co. provided a price target decease of -13.89% to $31.00 from $36.00 on 2023-10-25. On 2023-10-25 Citigroup lowered their price target by -7.69% to $36.00. 888 announced that they are reiterating a rating of Upgrade on 2023-06-09. Susquehanna boosted their price targ by 2.56% to $40.00 on 2023-02-02. On 2023-02-01 Credit Suisse Group lowered their price target by -2.44% to $40.00.

Earnings Per Share (EPS) Estimates By Year and Quarter

Short interest for Corningrporated

We take into account several different measures of short interest to create a composite score. These measures are shown in the chart below. Short selling is when investors are betting against a stock. We compile these factors to create a dynamic Short Score - this can indicate poor sentiment, internal problems with a company or industry and the anticipation of future price declines. We look at the short interest percent, days to cover, the rate of change and total shares sold short.

Social Sentiment for Corningrporated

Social Sentiment is an aggregation of several different factors such as news, articles, blogs, user content, ratings, etc. Which is shown in the chart below. It may become predictive of a reversal if price and the sentiment diverge. Broader market forces may push prices up or down but if market participants maintain a different view on a specific stock, it may be taken as an opportunity to buy or sell in those cases.