O-I Glass (NYSE:OI) Downgraded by Wall Street Zen to Hold

O-I Glass (NYSE:OI) was downgraded by analysts at Wall Street Zen from a “buy” rating to a “hold” rating in a note issued to investors on Saturday.

A number of other brokerages have also weighed in on OI. Citigroup lowered their price objective on O-I Glass from $17.00 to $16.00 and set a “neutral” rating for the company in a research note on Thursday, February 12th. Wells Fargo & Company raised shares of O-I Glass from an “equal weight” rating to an “overweight” rating and raised their price target for the stock from $15.00 to $18.00 in a research report on Tuesday, January 6th. Zacks Research lowered shares of O-I Glass from a “strong-buy” rating to a “hold” rating in a research note on Monday, February 2nd. Bank of America upgraded shares of O-I Glass from a “neutral” rating to a “buy” rating and increased their price objective for the company from $14.00 to $17.00 in a research note on Monday, November 17th. Finally, Weiss Ratings reissued a “sell (d-)” rating on shares of O-I Glass in a report on Thursday, January 22nd. One equities research analyst has rated the stock with a Strong Buy rating, five have assigned a Buy rating, three have assigned a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $18.11.

O-I Glass Stock Up 2.2%

NYSE OI opened at $13.41 on Friday. The company has a quick ratio of 0.77, a current ratio of 1.25 and a debt-to-equity ratio of 3.35. O-I Glass has a fifty-two week low of $9.23 and a fifty-two week high of $16.91. The business has a 50 day moving average price of $15.21 and a two-hundred day moving average price of $13.78. The stock has a market cap of $2.04 billion, a PE ratio of -15.96, a P/E/G ratio of 0.61 and a beta of 0.78.

O-I Glass (NYSE:OI) last posted its quarterly earnings data on Tuesday, February 10th. The industrial products company reported $0.20 earnings per share (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 for the quarter, compared to analyst estimates of $1.52 billion. During the same quarter last year, the firm posted ($0.05) earnings per share. The business’s quarterly revenue was down 1.9% on a year-over-year basis. As a group, sell-side analysts predict that O-I Glass will post 1.33 EPS for the current fiscal year.

Institutional Trading of O-I Glass

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

Key Stories Impacting O-I Glass

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

• Positive Sentiment: RBC kept an “outperform” rating while trimming its price target from $19 to $18 — the note still implies ~30%+ upside from current levels, which can support buying interest. Benzinga: RBC lowers PT to $18
• Positive Sentiment: Zacks Research raised a few near‑quarter estimates (Q2 2026 to $0.56 from $0.55; Q3 2026 to $0.62 from $0.60), signaling some resilience in mid‑2026 margins. What is Zacks Research’s Forecast for O-I Glass Q2 Earnings?
• Neutral Sentiment: Zacks’ coverage is mixed overall — the firm remains at a “Hold” rating while publishing multiple revision items across quarters; investors must weigh the upgrades against the cuts below. What is Zacks Research’s Forecast for O-I Glass Q2 Earnings?
• Negative Sentiment: MarketWatch and other outlets report near‑term EPS pressure and that shares have moved lower following earnings/guide-related concerns — this headline-driven selling is a primary reason for the stock’s weakness. O-I Glass Shares Fall on 1Q EPS Pressure
• Negative Sentiment: Zacks cut several key estimates: notable reductions for Q1 (e.g., Q1 2026 down to $0.26 from $0.43), Q4 2026, Q1 2027 (to $0.46 from $0.61) and FY2026 (to $1.76 from $1.94) — these downward revisions apply pressure to valuation and near‑term sentiment. What is Zacks Research’s Forecast for O-I Glass Q2 Earnings?
• Negative Sentiment: Coverage pieces flagged a gap‑down and slide in the NYSE composite after the earnings/analyst moves, amplifying volatility and downside liquidity risk. O-I Glass Shares Gap Down on Earnings O-I Glass Slides on RBC Target 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.