| SOXS 1.8066 0.93% | TPET 1.13 169.05% | ONDS 10.67 5.85% | NVDA 182.65 3.08% | STAK 0.7343 72.78% | TMDE 2.51 172.18% | BITO 9.4901 4.75% | TURB 1.24 83.59% | XLE 56.945 1.83% | DUST 3.635 2.68% | TZA 6.055 -2.81% | NOK 8.335 7.97% | NVD 7.07 -6.11% | RYDE 0.3315 43.26% | EONR 0.495 14.58% | BHAT 0.038 -23.23% | IBIT 39.03 4.95% | F 13.325 -5.43% | TQQQ 50.02 1.01% | SLV 80.98 -4.72% | MSTX 2.495 10.89% | PLUG 1.8083 1.02% | USEG 1.16 8.41% | TSLS 5.63 -0.18% | SOXL 62.305 -0.74% | AAL 12.505 -4.32% | AES 14.3188 -17.14% | JDST 1.2001 3.46% | BATL 11.73 112.50% | PLTR 146.0701 6.47% | HYG 80.375 -0.43% | NFLX 97.3 1.10% | QQQ 609.43 0.35% | SPY 687.9525 0.29% | SQQQ 70.125 -1.02% | MARA 9.61 7.49% | SOFI 18.135 2.11% | TSLL 14.705 0.03% | ETHA 15.37 5.85% | XLF 51.5345 0.20% | INTC 45.205 -0.89% | NU 15.309 2.20% | IWM 263.78 0.91% | TSLA 402.69 0.04% | TLT 89.4664 -1.49% | BMNR 20.43 7.64% | CRCG 3.0644 27.68% | NIO 4.7 -3.49% | BYND 0.8496 -10.15% | RIG 6.205 -4.24%

Corning Upgraded To Buy At UBS On AI-Driven Fiber Growth

Corning Inc. (NYSE:GLW) shares rose nearly 2% in premarket trading after UBS upgraded the stock from Neutral to Buy and lifted its price target to $84 from $65.

UBS said accelerating demand for fiber in AI-driven data centers was likely to exceed market expectations and support a re-rating in the stock. Analysts expected Corning’s optical segment to deliver a roughly 27% sales CAGR through 2027, with sales for that year projected 18% above consensus.

Overall, UBS forecast Corning’s total sales CAGR of about 13% through 2027. Adjusted EPS was projected to grow 24% in 2026 and 20% in 2027, both ahead of Street expectations. The analysts now expected a sustainable 20% EPS CAGR through 2029, compared with mid-single-digit growth historically.

UBS said structurally higher growth rates would support multiple expansion, making the stock a compounder as earnings continued to rise.

Published on: September 2, 2025