Corning stock rose 10.37% to $207.60, a 52‑week high, after being added to Bank of America’s US 1 List.
Nvidia partnership announced May 6 will boost U.S. optical connectivity capacity ten‑fold and fiber output over 50% via three new plants.
Q1 2026 core sales jumped 18% to $4.35 bn, EPS rose 30% to $0.70, with Optical Communications up 36% and Solar up 80%.
Oppenheimer raised Corning’s price target from $120 to $210, a 75% increase, while insiders sold $39.2 million of shares in three months.