Q4 Earnings Estimate for O-I Glass Issued By Zacks Research

O-I Glass, Inc. (NYSE:OI) – Zacks Research decreased their Q4 2026 earnings per share estimates for shares of O-I Glass in a report released on Tuesday, January 6th. Zacks Research analyst Team now forecasts that the industrial products company will earn $0.36 per share for the quarter, down from their previous estimate of $0.38. Zacks Research currently has a “Strong-Buy” rating on the stock. The consensus estimate for O-I Glass’ current full-year earnings is $1.33 per share.

Other research analysts have also issued reports about the stock. Wells Fargo & Company upgraded shares of O-I Glass from an “equal weight” rating to an “overweight” rating and raised their target price for the company from $15.00 to $18.00 in a research note on Tuesday. Wall Street Zen cut shares of O-I Glass from a “strong-buy” rating to a “buy” rating in a report on Sunday, December 28th. Bank of America raised O-I Glass from a “neutral” rating to a “buy” rating and raised their price target for the company from $14.00 to $17.00 in a research report on Monday, November 17th. Truist Financial lifted their price objective on O-I Glass from $17.00 to $21.00 and gave the stock a “buy” rating in a research note on Tuesday. Finally, Citigroup increased their target price on O-I Glass from $14.00 to $17.00 and gave the company a “neutral” rating in a research note on Tuesday. Two research analysts have rated the stock with a Strong Buy rating, six have assigned a Buy rating, two have issued a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat, O-I Glass currently has a consensus rating of “Moderate Buy” and an average target price of $17.56.

O-I Glass Price Performance

Shares of O-I Glass stock opened at $15.49 on Friday. The firm has a fifty day simple moving average of $14.06 and a 200-day simple moving average of $13.60. The company has a current ratio of 1.33, a quick ratio of 0.84 and a debt-to-equity ratio of 3.36. O-I Glass has a 1-year low of $9.23 and a 1-year high of $16.04. The stock has a market capitalization of $2.38 billion, a price-to-earnings ratio of -16.47, a PEG ratio of 0.19 and a beta of 0.77.

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

Institutional Investors Weigh In On O-I Glass

Several hedge funds have recently made changes to their positions in OI. Alliancebernstein L.P. grew its position in O-I Glass by 194.6% during the second quarter. Alliancebernstein L.P. now owns 7,939,841 shares of the industrial products company’s stock worth $117,033,000 after buying an additional 5,244,440 shares in the last quarter. Bank of America Corp DE grew its holdings in shares of O-I Glass by 222.6% during the 2nd quarter. Bank of America Corp DE now owns 2,206,251 shares of the industrial products company’s stock worth $32,520,000 after purchasing an additional 1,522,384 shares in the last quarter. Deroy & Devereaux Private Investment Counsel Inc. acquired a new stake in shares of O-I Glass during the 3rd quarter worth approximately $18,496,000. Bridgeway Capital Management LLC bought a new stake in shares of O-I Glass during the third quarter valued at approximately $14,287,000. Finally, Assenagon Asset Management S.A. increased its position in shares of O-I Glass by 181.8% during the third quarter. Assenagon Asset Management S.A. now owns 1,249,473 shares of the industrial products company’s stock valued at $16,206,000 after purchasing an additional 806,059 shares during the period. Institutional investors own 97.24% of the company’s stock.

Key Stories Impacting O-I Glass

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

• Positive Sentiment: Truist raised its price target to $21, a clear bullish signal that can support continued buying interest. Truist Increases Price Target to $21
• Positive Sentiment: Zacks Research boosted near-term and full‑year 2026 EPS estimates (Q2, Q3 and FY2026 nudged up; FY2026 to ~$1.90) and maintains a “Strong‑Buy” view — revisions like these tend to lift sentiment and analyst-driven flows.
• Positive Sentiment: Coverage notes that O‑I recently hit fresh 52‑week / 1‑year highs after analyst upgrades, which can attract momentum and institutional attention. OI Hits Fresh High
• Positive Sentiment: Unusually large call option activity was reported (2,354 calls traded, a ~3,039% jump vs. typical volume), often interpreted as bullish speculative or hedging demand that can quicken short‑term upside.
• Neutral Sentiment: Analysts and outlets published takeaways on whether value or momentum investors should own OI, providing different frameworks for investors but not introducing new company data. Should Value Investors Buy OI Glass?
• Neutral Sentiment: Broader coverage listed OI among a handful of stocks trading near 52‑week highs — this is momentum context rather than company‑specific news. 4 Stocks Trading Near 52-Week High
• Negative Sentiment: Zacks trimmed its Q4 2026 EPS estimate modestly (from $0.38 to $0.36). It’s a small downtick but worth noting since it indicates some near‑term estimate volatility even as the firm remains constructive.

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.