Generative AI And Springboard Plan Drive Higher Corning Earnings
Corning(GLW) Seeking Alpha·2024-09-17 14:42
felixR Investment thesis Because of its new Springboard plan and optical connectivity products for generative AI, Corning Incorporated (NYSE:GLW) is returning to profitable growth. If it makes good on its potential, the company will produce mid-teens earnings growth this year and annually for the next four years. That would be welcomed by investors who have watched EBITDA and net income fall over the past two years. I have a one-year price target that is 15.65% higher than the current price and rate Cor ...