J.P. Morgan analyst Samik Chatterjee has maintained their bullish stance on GLW stock, giving a Buy rating on August 19.
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Samik Chatterjee has given his Buy rating due to a combination of factors including the positive trends in panel shipments and pricing. The report highlights that July saw better-than-expected panel shipment trends and resilient pricing, suggesting a potential rebound in glass demand for the third quarter of 2025. This is driven by increased replenishment activity from TV manufacturers, which could lead to an upside in Corning’s expectations for the glass market.
Despite these positive indicators, the report also notes ongoing uncertainties such as tariff policies, rising supply chain costs, and broader macroeconomic challenges. These factors contribute to a cautious outlook for the fourth quarter of 2025. However, the strong performance in July and the strategic position of Corning as a key supplier to major panel makers like BOE, which leads in large-area panel shipments, support the Buy rating for Corning’s stock.
In another report released on August 19, TR | OpenAI – 4o also reiterated a Buy rating on the stock with a $69.00 price target.
Based on the recent corporate insider activity of 109 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of GLW in relation to earlier this year.