Zacks Research Brokers Lift Earnings Estimates for O-I Glass

O-I Glass, Inc. (NYSE:OI) – Stock analysts at Zacks Research lifted their Q1 2026 earnings per share estimates for shares of O-I Glass in a research report issued to clients and investors on Wednesday, February 4th. Zacks Research analyst Team now expects that the industrial products company will post earnings of $0.43 per share for the quarter, up from their previous estimate of $0.37. Zacks Research has a “Hold” 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’ FY2026 earnings at $1.94 EPS and Q1 2027 earnings at $0.61 EPS.

Several other research analysts also recently issued reports on OI. Wells Fargo & Company raised O-I Glass from an “equal weight” rating to an “overweight” rating and upped their price objective for the stock from $15.00 to $18.00 in a report on Tuesday, January 6th. Wall Street Zen cut O-I Glass from a “strong-buy” rating to a “buy” rating in a report on Sunday, December 28th. 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 report on Tuesday, January 6th. Weiss Ratings restated a “sell (d-)” rating on shares of O-I Glass in a research report on Thursday, January 22nd. Finally, Bank of America raised shares of O-I Glass from a “neutral” rating to a “buy” rating and raised their target price for the company from $14.00 to $17.00 in a research note on Monday, November 17th. One research analyst has rated the stock with a Strong Buy rating, five have issued a Buy rating, three have issued a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus price target of $17.88.

O-I Glass Price Performance

Shares of OI stock opened at $16.47 on Thursday. O-I Glass has a 1 year low of $9.23 and a 1 year high of $16.69. The company has a current ratio of 1.33, a quick ratio of 0.84 and a debt-to-equity ratio of 3.36. The firm’s 50 day moving average is $15.06 and its 200-day moving average is $13.65. The firm has a market capitalization of $2.53 billion, a price-to-earnings ratio of -17.52, a PEG ratio of 0.20 and a beta of 0.78.

O-I Glass (NYSE:OI) last announced its earnings results on Tuesday, November 4th. The industrial products company reported $0.48 earnings per share for the quarter, beating analysts’ consensus estimates of $0.44 by $0.04. The company had revenue of $1.65 billion during the quarter, compared to analyst estimates of $1.66 billion. O-I Glass had a positive return on equity of 16.02% and a negative net margin of 2.26%.The firm’s quarterly revenue was down 1.5% compared to the same quarter last year. During the same period last year, the company posted ($0.04) earnings per share.

Institutional Inflows and Outflows

A number of hedge funds have recently modified their holdings of the company. Royal Bank of Canada grew its stake in shares of O-I Glass by 33.9% during the 1st quarter. Royal Bank of Canada now owns 112,800 shares of the industrial products company’s stock worth $1,294,000 after acquiring an additional 28,548 shares in the last quarter. AQR Capital Management LLC grew its position in O-I Glass by 154.0% in the first quarter. AQR Capital Management LLC now owns 177,117 shares of the industrial products company’s stock valued at $1,993,000 after purchasing an additional 107,388 shares in the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. lifted its position in O-I Glass by 4.6% during the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 92,151 shares of the industrial products company’s stock worth $1,057,000 after buying an additional 4,055 shares in the last quarter. United Services Automobile Association acquired a new position in shares of O-I Glass during the 1st quarter worth about $119,000. Finally, UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC grew its holdings in shares of O-I Glass by 43.9% in the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 526,279 shares of the industrial products company’s stock valued at $6,036,000 after acquiring an additional 160,649 shares in the last quarter. 97.24% of the stock is currently owned by institutional investors.

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.