What is Zacks Research’s Forecast for O-I Glass Q2 Earnings?

O-I Glass, Inc. (NYSE:OI) – Zacks Research raised their Q2 2026 EPS estimates for O-I Glass in a report issued on Tuesday, January 6th. Zacks Research analyst Team now expects that the industrial products company will post earnings per share of $0.56 for the quarter, up from their prior estimate of $0.55. Zacks Research has a “Strong-Buy” rating on the stock. The consensus estimate for O-I Glass’ current full-year earnings is $1.33 per share. Zacks Research also issued estimates for O-I Glass’ Q3 2026 earnings at $0.61 EPS and FY2026 earnings at $1.90 EPS.

O-I Glass (NYSE:OI) last announced its earnings results on Wednesday, March 1st. The industrial products company reported $0.36 earnings per share (EPS) for the quarter. O-I Glass had a negative net margin of 2.26% and a positive return on equity of 16.02%. The firm had revenue of $1.59 billion for the quarter. O-I Glass has set its FY 2025 guidance at 1.550-1.650 EPS.

A number of other brokerages also recently issued reports on OI. Citigroup increased their price objective on shares of O-I Glass from $14.00 to $17.00 and gave the stock a “neutral” rating in a research note on Tuesday. Bank of America upgraded shares of O-I Glass from a “neutral” rating to a “buy” rating and boosted their price objective for the company from $14.00 to $17.00 in a research report on Monday, November 17th. Wall Street Zen cut O-I Glass from a “strong-buy” rating to a “buy” rating in a research note on Sunday, December 28th. Weiss Ratings reaffirmed a “sell (d-)” rating on shares of O-I Glass in a report on Wednesday, October 8th. Finally, Truist Financial boosted their price target on O-I Glass from $17.00 to $21.00 and gave the stock a “buy” rating in a report on Tuesday. Two analysts have rated the stock with a Strong Buy rating, six have given a Buy rating, two have issued a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat, the company has an average rating of “Moderate Buy” and a consensus target price of $17.56.

O-I Glass Trading Up 1.3%

Shares of NYSE:OI opened at $15.36 on Thursday. The business’s 50 day simple moving average is $13.97 and its 200 day simple moving average is $13.59. O-I Glass has a 1 year low of $9.23 and a 1 year high of $16.04. The company has a debt-to-equity ratio of 3.36, a current ratio of 1.33 and a quick ratio of 0.84. The company has a market capitalization of $2.36 billion, a P/E ratio of -16.34, a P/E/G ratio of 0.18 and a beta of 0.77.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently bought and sold shares of OI. Vanguard Group Inc. boosted its position in shares of O-I Glass by 3.7% during the 3rd quarter. Vanguard Group Inc. now owns 19,349,218 shares of the industrial products company’s stock valued at $250,959,000 after purchasing an additional 691,989 shares in the last quarter. Dimensional Fund Advisors LP grew its position in O-I Glass by 2.1% in the 3rd quarter. Dimensional Fund Advisors LP now owns 8,232,239 shares of the industrial products company’s stock worth $106,773,000 after purchasing an additional 170,696 shares in the last quarter. Alliancebernstein L.P. lifted its holdings in O-I Glass by 0.7% during the third quarter. Alliancebernstein L.P. now owns 7,996,786 shares of the industrial products company’s stock worth $103,718,000 after acquiring an additional 56,945 shares during the period. Highland Peak Capital LLC raised its position in O-I Glass by 22.2% in the third quarter. Highland Peak Capital LLC now owns 3,113,780 shares of the industrial products company’s stock worth $40,386,000 after acquiring an additional 566,703 shares during the period. Finally, Bank of America Corp DE boosted its stake in O-I Glass by 18.7% in the third quarter. Bank of America Corp DE now owns 2,618,748 shares of the industrial products company’s stock valued at $33,965,000 after acquiring an additional 412,497 shares during the last quarter. 97.24% of the stock is owned by institutional investors and hedge funds.

Trending Headlines about O-I Glass

Here are the key news stories impacting O-I Glass this week:

• Positive Sentiment: Zacks Research raised near-term and full-year EPS forecasts (Q2, Q3 and FY2026) and maintains a “Strong-Buy” view, citing higher expected quarterly EPS and lifting FY2026 to $1.90. This improves forward earnings visibility and supports the rally.
• Positive Sentiment: O-I hit a 52-week high and is featured as a momentum pick in Zacks coverage — momentum and technical breakout headlines can attract trend-following money. O-I Glass, Inc. (OI) Hits Fresh High: Is There Still Room to Run?
• Positive Sentiment: Zacks included OI in a short list of stocks trading near 52-week highs with room to rise, reinforcing the narrative of continued upside from momentum investors. 4 Stocks Trading Near 52-Week High With Room to Rise Further
• Positive Sentiment: Truist raised its price target to $21, signaling stronger analyst conviction on upside potential and giving investors a higher reference valuation. Truist Financial Increases O-I Glass (NYSE:OI) Price Target to $21.00
• Positive Sentiment: Wells Fargo upgraded O-I Glass, adding another sell-side uplift that can drive buying from institutional accounts. Wells Fargo upgrades O-I Glass (OI)
• Positive Sentiment: Unusual options activity showed a large spike in call purchases (2,354 calls, ~3,039% above typical daily volume), indicating speculative or hedged bullish positioning by traders.

About O-I Glass

O-I Glass, Inc is a leading global manufacturer of glass containers, supplying the food and beverage, wine and spirits, pharmaceutical, cosmetic and personal care industries. Headquartered in Perrysburg, Ohio, the company produces a broad range of glass packaging solutions, including bottles and jars, designed to meet customer specifications for size, shape, color and performance. O-I leverages proprietary technologies in forming, decoration and quality control to serve both mass-market and premium brands.

Tracing its origins to the early 20th century through the merger of prominent regional glassmakers, the company adopted the Owens-Illinois name in 1929 before rebranding as O-I Glass in 2015.