What is Zacks Research’s Estimate for O-I Glass Q1 Earnings?

O-I Glass, Inc. (NYSE:OI) – Equities researchers at Zacks Research cut their Q1 2026 earnings estimates for shares of O-I Glass in a research note issued to investors on Tuesday, February 24th. Zacks Research analyst Team now anticipates that the industrial products company will post earnings per share of $0.26 for the quarter, down from their prior estimate of $0.43. Zacks Research currently 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’ Q2 2026 earnings at $0.56 EPS, Q3 2026 earnings at $0.62 EPS, Q4 2026 earnings at $0.32 EPS, FY2026 earnings at $1.76 EPS and Q1 2027 earnings at $0.46 EPS.

OI has been the topic of several other reports. Bank of America raised O-I Glass from a “neutral” rating to a “buy” rating and upped their target price for the company from $14.00 to $17.00 in a research report on Monday, November 17th. Citigroup cut their price objective on shares of O-I Glass from $17.00 to $16.00 and set a “neutral” rating on the stock in a report on Thursday, February 12th. Weiss Ratings reaffirmed a “sell (d-)” rating on shares of O-I Glass in a research report on Thursday, January 22nd. Robert W. Baird set a $20.00 target price on shares of O-I Glass in a research report on Thursday, February 12th. Finally, Wells Fargo & Company upgraded shares of O-I Glass from an “equal weight” rating to an “overweight” rating and upped their price target for the company from $15.00 to $18.00 in a research note on Tuesday, January 6th. One research 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 company’s stock. According to data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average price target of $18.11.

O-I Glass Stock Performance

Shares of OI opened at $13.12 on Thursday. The company has a current ratio of 1.25, a quick ratio of 0.77 and a debt-to-equity ratio of 3.35. The firm has a market cap of $2.00 billion, a PE ratio of -15.62, a P/E/G ratio of 0.58 and a beta of 0.78. O-I Glass has a 12 month low of $9.23 and a 12 month high of $16.91. The stock has a fifty day moving average price of $15.24 and a 200-day moving average price of $13.78.

O-I Glass (NYSE:OI) last posted its earnings results on Tuesday, February 10th. The industrial products company reported $0.20 EPS for the quarter, beating analysts’ consensus estimates of $0.19 by $0.01. O-I Glass had a negative net margin of 2.01% and a positive return on equity of 18.07%. The company had revenue of $1.50 billion during the quarter, compared to analysts’ expectations of $1.52 billion. During the same quarter in the prior year, the company posted ($0.05) earnings per share. O-I Glass’s revenue for the quarter was down 1.9% compared to the same quarter last year.

Institutional Investors Weigh In On O-I Glass

Several large investors have recently bought and sold shares of OI. Farther Finance Advisors LLC grew its position in shares of O-I Glass by 87.6% during the fourth quarter. Farther Finance Advisors LLC now owns 1,778 shares of the industrial products company’s stock worth $26,000 after buying an additional 830 shares in the last quarter. Headlands Technologies LLC acquired a new stake in O-I Glass in the second quarter valued at approximately $29,000. Quarry LP purchased a new position in O-I Glass in the fourth quarter worth approximately $32,000. Caitong International Asset Management Co. Ltd grew its holdings in O-I Glass by 36,533.3% during the 4th quarter. Caitong International Asset Management Co. Ltd now owns 2,198 shares of the industrial products company’s stock worth $32,000 after acquiring an additional 2,192 shares in the last quarter. Finally, Smartleaf Asset Management LLC increased its position in shares of O-I Glass by 64.1% in the 2nd quarter. Smartleaf Asset Management LLC now owns 2,350 shares of the industrial products company’s stock valued at $35,000 after purchasing an additional 918 shares during the last quarter. Hedge funds and other institutional investors own 97.24% of the company’s stock.

O-I Glass News Roundup

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

• Positive Sentiment: RBC maintained an “Outperform” stance and still has a multi-dollar upside price target (lowered from $19 to $18), signaling continued conviction in O-I’s recovery potential. RBC target cut report
• Positive Sentiment: Zacks’ medium- to longer-term model shows some upgrades (raises to certain 2026/2027/2028 quarter and year estimates), indicating analysts see improving earnings power further out even as near-term figures slip.
• Neutral Sentiment: O-I presented at the BofA Global Agriculture & Materials Conference (CFO John Haudrich). Management reiterated plans for competitiveness, cost transformation and profitable growth — useful for assessing strategy execution but not immediately market-moving. Conference notice
• Neutral Sentiment: Transcript and slide deck from the BofA presentation are available for deeper review of management commentary and guidance assumptions. Useful for investors wanting management color. Conference transcript/slideshow
• Negative Sentiment: News outlets flagged Q1 EPS pressure and near-term earnings risk after recent updates — headlines say shares fell/gapped down on these concerns, increasing short-term volatility. MarketWatch: EPS pressure
• Negative Sentiment: Zacks substantially cut near-term quarterly estimates (notably Q1 2027 and earlier-period estimates) and trimmed FY2026/FY2027 outlooks in places — this reduces near-term earnings visibility and likely weighed on the stock.
• Negative Sentiment: Aggregated market headlines reported a gap-down and slide after the analyst moves and guidance concerns, reflecting how headlines and estimate revisions can drive intraday selling pressure. Kalkine: gap down Kalkine: RBC reaction

O-I Glass Company Profile

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.