Corning Inc logo GLW - Corning Inc

Price: -- -- | CONSENSUS: Buy DETAILS
STRONG
BUY
0
BUY 21
HOLD 14
SELL 2
STRONG
SELL
0
| PRICE TARGET: $171.25 DETAILS
HIGH: $201.00
LOW: $129.00
MEDIAN: $177.50
CONSENSUS: $171.25
UPSIDE: 9.29%
AlphaVal

AlphaVal

Deterministic, archetype-aware fair value

Platform & Compounding FCF 50% confidence

Primary model: Two-stage FCF DCF

Valuation Signal Overvalued Strong
Trading 726.2% above fair value
Current Price $156.69
Bear Case $13.78 91.2% downside ($13.78 - $156.69) / $156.69 = -91.2% 4% stage 1 growth, 11% discount
Fair Value $18.96 87.9% downside ($18.96 - $156.69) / $156.69 = -87.9% 7% stage 1 growth, 11% discount
Bull Case $23.63 84.9% downside ($23.63 - $156.69) / $156.69 = -84.9% 9% stage 1 growth, 11% discount

Adjust Assumptions

6.7%
11.0%
3.0%

Key Value Driver

FCF growth rate (7% base case)

Terminal Value % of EV 36%
Implied Market Multiple 96.8x
Market is pricing in (growth) 30.0% vs our 6.7% base

Plain-Language Summary

Using a two-stage FCF DCF with 7% growth decelerating over 15 years, discounted at 11%, the base-case intrinsic value is $18.96 per share.

Analyst Consensus (External Reference)

Never blended into the bear/base/bull estimates above -- shown only as an outside comparison.

Average Target (37 analysts) $171.25
Analyst Range $129.00 – $201.00
Divergence from AlphaVal 89%

Warnings

ℹ Wall Street's average price target is $171.25 (from 37 analysts). Our estimate is 89% below the consensus -- consider that gap carefully.

Key Risks

  • P/E alone misleads — earnings depressed by growth investment
  • Cyclical or commodity businesses may be misclassified as platforms
  • Terminal value dominance suggests sensitivity to long-run assumptions