Corning Inc logo GLW - Corning Inc

Price: -- -- | CONSENSUS: Buy DETAILS
STRONG
BUY
0
BUY 21
HOLD 14
SELL 2
STRONG
SELL
0
| PRICE TARGET: $179.29 DETAILS
HIGH: $210.00
LOW: $129.00
MEDIAN: $180.00
CONSENSUS: $179.29
UPSIDE: 17.37%
AlphaVal

AlphaVal

Deterministic, archetype-aware fair value

Platform & Compounding FCF 50% confidence

Primary model: Two-stage FCF DCF

Valuation Signal Overvalued Strong
Trading 705.5% above fair value
Current Price $152.76
Bear Case $13.78 91.0% downside ($13.78 - $152.76) / $152.76 = -91.0% 4% stage 1 growth, 11% discount
Fair Value $18.96 87.6% downside ($18.96 - $152.76) / $152.76 = -87.6% 7% stage 1 growth, 11% discount
Bull Case $23.63 84.5% downside ($23.63 - $152.76) / $152.76 = -84.5% 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 94.5x
Market is pricing in (growth) 29.7% 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) $179.29
Analyst Range $129.00 – $210.00
Divergence from AlphaVal 89%

Warnings

Wall Street's average price target is $179.29 (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