Q1 Earnings Forecast for O-I Glass Issued By Zacks Research

O-I Glass, Inc. (NYSE:OI) – Equities researchers at Zacks Research dropped their Q1 2026 earnings per share estimates for shares of O-I Glass in a research report issued to clients and investors on Tuesday, April 14th. Zacks Research analyst Team now anticipates that the industrial products company will post earnings of $0.21 per share for the quarter, down from their prior estimate of $0.22. Zacks Research has a “Strong Sell” 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 $0.51 EPS, Q4 2026 earnings at $0.34 EPS, FY2026 earnings at $1.67 EPS, Q1 2027 earnings at $0.38 EPS, Q2 2027 earnings at $0.58 EPS, FY2027 earnings at $2.09 EPS and Q1 2028 earnings at $0.63 EPS.

Several other analysts also recently commented on the stock. Truist Financial lowered their target price on shares of O-I Glass from $20.00 to $15.00 and set a “buy” rating for the company in a report on Wednesday. Royal Bank Of Canada decreased their price objective on shares of O-I Glass from $19.00 to $18.00 and set an “outperform” rating for the company in a research note on Thursday, February 26th. Wells Fargo & Company cut shares of O-I Glass from an “overweight” rating to an “equal weight” rating and dropped their target price for the stock from $18.00 to $13.00 in a research report on Friday, March 20th. Wall Street Zen downgraded O-I Glass from a “buy” rating to a “hold” rating in a research note on Saturday, February 28th. Finally, Weiss Ratings reaffirmed a “sell (d-)” rating on shares of O-I Glass in a report on Thursday, January 22nd. One analyst has rated the stock with a Strong Buy rating, four have issued a Buy rating, three have issued a Hold rating and two have given a Sell rating to the stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Hold” and an average target price of $16.11.

O-I Glass Price Performance

OI opened at $10.59 on Wednesday. O-I Glass has a 1 year low of $9.84 and a 1 year high of $16.91. The company has a debt-to-equity ratio of 3.35, a current ratio of 1.25 and a quick ratio of 0.77. The company has a market capitalization of $1.62 billion, a price-to-earnings ratio of -12.60, a P/E/G ratio of 0.91 and a beta of 0.84. The firm’s fifty day moving average price is $12.29 and its two-hundred day moving average price is $13.30.

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

Institutional Investors Weigh In On O-I Glass

A number of hedge funds and other institutional investors have recently bought and sold shares of the business. Vanguard Group Inc. boosted its holdings in shares of O-I Glass by 3.7% in the third quarter. Vanguard Group Inc. now owns 19,349,218 shares of the industrial products company’s stock worth $250,959,000 after acquiring an additional 691,989 shares during the period. Dimensional Fund Advisors LP lifted its holdings in O-I Glass by 3.4% during the 4th quarter. Dimensional Fund Advisors LP now owns 8,509,444 shares of the industrial products company’s stock worth $125,600,000 after purchasing an additional 277,205 shares in the last quarter. Alliancebernstein L.P. lifted its holdings in O-I Glass by 0.7% during the 3rd quarter. Alliancebernstein L.P. now owns 7,996,786 shares of the industrial products company’s stock worth $103,718,000 after purchasing an additional 56,945 shares in the last quarter. Geode Capital Management LLC boosted its stake in O-I Glass by 0.6% in the 4th quarter. Geode Capital Management LLC now owns 3,783,387 shares of the industrial products company’s stock worth $55,852,000 after purchasing an additional 22,430 shares during the period. Finally, Arrowstreet Capital Limited Partnership boosted its stake in O-I Glass by 288.7% in the 4th quarter. Arrowstreet Capital Limited Partnership now owns 3,215,632 shares of the industrial products company’s stock worth $47,463,000 after purchasing an additional 2,388,299 shares during the period. Institutional investors own 97.24% of the company’s stock.

Key O-I Glass News

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

• Positive Sentiment: Truist cut its price target on O-I from $20 to $15 but kept a Buy rating — the firm still sees meaningful upside from current levels, which can support share demand from value/turnaround investors. Truist lowers PT to $15, maintains Buy (Benzinga)
• Neutral Sentiment: Analysts’ consensus across data services remains mixed-to-cautious (consensus “Hold” noted), implying no broad upgrade cycle to drive a sustained rally. Analysts give OI a consensus “Hold”
• Neutral Sentiment: A recent piece examines how energy costs and related pressures are shaping O‑I’s longer‑term strategy — strategic changes may help margins down the road but are not an immediate catalyst. Is O-I Glass using energy pressures to redraw strategy? (Yahoo Finance)
• Negative Sentiment: Zacks Research slashed multiple near‑term and FY estimates for O‑I (Q1/Q2 2026–2028 and FY2026–FY2027), trimmed full‑year forecasts and continues to carry a “Strong Sell” rating — these cuts increase downside risk by lowering forward earnings expectations. Zacks lowers multiple EPS estimates, maintains Strong Sell (MarketBeat)
• Negative Sentiment: Citigroup issued a pessimistic short‑term forecast for O‑I’s stock price, adding to selling pressure from institutional sentiment shifts. Citigroup issues pessimistic forecast (American Banking News)

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.