Q2 Earnings Forecast for O-I Glass Issued By Zacks Research

O-I Glass, Inc. (NYSE:OI) – Equities research analysts at Zacks Research decreased their Q2 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 forecasts that the industrial products company will earn $0.55 per share for the quarter, down from their prior estimate of $0.56. 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’ Q3 2026 earnings at $0.60 EPS, Q4 2026 earnings at $0.37 EPS and Q2 2027 earnings at $0.64 EPS.

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

Several other equities analysts have also recently weighed in on the stock. Weiss Ratings reaffirmed a “sell (d-)” rating on shares of O-I Glass in a research note on Thursday, January 22nd. Wells Fargo & Company upgraded shares of O-I Glass from an “equal weight” rating to an “overweight” rating and increased their target price for the stock from $15.00 to $18.00 in a report on Tuesday, January 6th. Royal Bank Of Canada reaffirmed an “outperform” rating and issued a $19.00 target price on shares of O-I Glass in a research report on Thursday, January 15th. Wall Street Zen cut shares of O-I Glass from a “strong-buy” rating to a “buy” rating in a research report on Sunday, December 28th. Finally, Truist Financial increased their price objective on shares of O-I Glass from $17.00 to $21.00 and gave the stock a “buy” rating in a research note on Tuesday, January 6th. One analyst has rated the stock with a Strong Buy rating, five have issued a Buy rating, three have assigned a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat.com, O-I Glass currently has an average rating of “Moderate Buy” and an average target price of $17.88.

O-I Glass Stock Up 1.3%

Shares of O-I Glass stock opened at $16.64 on Friday. The firm has a market cap of $2.56 billion, a PE ratio of -17.70, a P/E/G ratio of 0.20 and a beta of 0.78. The business’s 50 day simple moving average is $15.13 and its 200 day simple moving average is $13.66. The company has a debt-to-equity ratio of 3.36, a quick ratio of 0.84 and a current ratio of 1.33. O-I Glass has a 52-week low of $9.23 and a 52-week high of $16.70.

Institutional Trading of O-I Glass

Several institutional investors and hedge funds have recently added to or reduced their stakes in the company. Alliancebernstein L.P. grew its position in shares of O-I Glass by 194.6% in the 2nd quarter. Alliancebernstein L.P. now owns 7,939,841 shares of the industrial products company’s stock valued at $117,033,000 after acquiring an additional 5,244,440 shares during the period. Bank of America Corp DE grew its holdings in O-I Glass by 222.6% during the second 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 during the period. Deroy & Devereaux Private Investment Counsel Inc. bought a new position in O-I Glass during the third quarter worth about $18,496,000. Bridgeway Capital Management LLC acquired a new position in O-I Glass during the third quarter worth approximately $14,287,000. Finally, Assenagon Asset Management S.A. raised its stake in O-I Glass by 181.8% in 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 buying an additional 806,059 shares during the period. 97.24% of the stock is owned by institutional investors.

O-I Glass News Summary

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

• Positive Sentiment: Large bullish options flow — traders bought 2,354 call options (a ~3,039% jump vs. average), indicating speculative or hedged bullish interest that can support near‑term buying pressure. Options Activity
• Positive Sentiment: Zacks raised some forward estimates — they lifted FY2026 EPS to $1.94 (from $1.90) and increased Q1 2026 and Q1 2027 forecasts, which is a modest positive signal for full‑year outlook expectations. Zacks still rates OI a “Hold.” Zacks Estimates Raised
• Neutral Sentiment: Analyst rating unchanged — Zacks retains a “Hold” on OI, so the firm’s revisions reflect model tweaks rather than a change in conviction; that mutes the long‑term signal from the note. Zacks Hold Rating
• Negative Sentiment: Small cuts to near‑term quarterly EPS — Zacks trimmed Q2 2026 (to $0.55 from $0.56), Q3 2026 (to $0.60 from $0.61) and Q2 2027 (to $0.64 from $0.65). These modest downgrades could pressure expectations for upcoming quarters. Zacks Estimates Cut

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.