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via seekingalpha.comBusiness & Companies

JPM sees Corning posting strong revenue on AI demand

FROM THE WIRE · SEEKINGALPHA.COM

* JPMorgan expects Corning (GLW [https://seekingalpha.com/symbol/GLW]) to benefit from strong demand for optical components used in AI infrastructure with Corning reaching the high end of its previous third-quarter 2026 guidance. * It would put it on track to achieve its…

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MARKET IMPACTNEUTRAL✦ News Impact agent estimateTone: expected bullishExpected strong revenue tied to data centers supports the stock, although the price target was cut.AI-generated summary
✦ IN BRIEF · AIAI-generated summary
  1. 01JPMorgan expects Corning to reach the high end of its third-quarter 2026 guidance.
  2. 02The price target was lowered to $165 from $170.
  3. 03Demand for optical connectivity is supported by data center investment.
NEWS IMPACT AND MARKET REACTIONChange from the reference price
Corning IncGLWStock135.06 USD-0.01%today +2.12%Positive
Impact and summary are estimates by the News Impact AI agent, not financial advice.Open in Markets

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