Corning’s Strong Market Position and Resilient Panel Pricing Justify Buy Rating

J.P. Morgan analyst Samik Chatterjee has maintained their bullish stance on GLW stock, giving a Buy rating today.

Samik Chatterjee has given his Buy rating due to a combination of factors including Corning’s potential to exceed its expectations for the third quarter of 2025. This optimism is fueled by stronger-than-expected panel shipments and stable panel pricing trends observed in recent months. The resilience in panel pricing, particularly for LCD TV panels, suggests that Corning might outperform in a market that was initially anticipated to be flat.
Additionally, Corning’s strong relationship with major panel makers like BOE, which leads in large-area panel shipments, further reinforces its market position. The company’s significant role in the LCD display market, where it supplies glass for a majority of panels, contributes to its profitability. Despite some caution around the fourth quarter outlook, these factors collectively support the Buy rating as Corning is well-positioned to capitalize on its strengths in the display segment.

In another report released today, Citi also maintained a Buy rating on the stock with a $93.00 price target.