O-I Glass FY2026 EPS Forecast Increased by Zacks Research

O-I Glass, Inc. (NYSE:OI) – Stock analysts at Zacks Research raised their FY2026 EPS estimates for shares of O-I Glass in a research report issued on Tuesday, July 14th. Zacks Research analyst Team now expects that the industrial products company will post earnings per share of $1.21 for the year, up from their previous estimate of $1.20. Zacks Research has a “Hold” rating on the stock. The consensus estimate for O-I Glass’ current full-year earnings is $1.14 per share. Zacks Research also issued estimates for O-I Glass’ Q3 2027 earnings at $0.55 EPS, Q1 2028 earnings at $0.63 EPS and Q2 2028 earnings at $0.65 EPS.

A number of other research analysts also recently issued reports on OI. Royal Bank Of Canada reduced their price objective on O-I Glass from $14.00 to $11.00 and set an “outperform” rating for the company in a research note on Thursday, July 9th. Citigroup cut their price target on shares of O-I Glass from $12.00 to $10.00 and set a “neutral” rating on the stock in a report on Monday, May 4th. Bank of America restated an “underperform” rating and set a $11.00 price target on shares of O-I Glass in a research report on Tuesday. Wells Fargo & Company decreased their price objective on shares of O-I Glass from $13.00 to $12.00 and set an “overweight” rating for the company in a report on Wednesday. Finally, UBS Group lowered their price objective on shares of O-I Glass from $21.00 to $18.00 and set a “buy” rating on the stock in a research report on Friday, April 10th. Four investment analysts have rated the stock with a Buy rating, two have assigned a Hold rating and two have assigned a Sell rating to the stock. According to data from MarketBeat.com, the stock presently has a consensus rating of “Hold” and a consensus price target of $13.57.

O-I Glass Stock Performance

Shares of O-I Glass stock opened at $9.11 on Thursday. The business’s fifty day simple moving average is $9.03 and its 200 day simple moving average is $11.51. The company has a current ratio of 1.26, a quick ratio of 0.73 and a debt-to-equity ratio of 3.35. O-I Glass has a 12 month low of $7.75 and a 12 month high of $16.91. The firm has a market capitalization of $1.40 billion, a P/E ratio of -7.47, a price-to-earnings-growth ratio of 1.16 and a beta of 0.62.

O-I Glass (NYSE:OI) last announced its earnings results on Tuesday, April 28th. The industrial products company reported $0.05 earnings per share for the quarter, missing analysts’ consensus estimates of $0.09 by ($0.04). The business had revenue of $1.54 billion during the quarter, compared to analysts’ expectations of $1.47 billion. O-I Glass had a positive return on equity of 13.65% and a negative net margin of 2.91%.O-I Glass’s quarterly revenue was down 1.7% on a year-over-year basis. During the same quarter in the previous year, the firm earned $0.40 EPS. O-I Glass has set its FY 2026 guidance at 1.000-1.500 EPS.

Hedge Funds Weigh In On O-I Glass

A number of institutional investors and hedge funds have recently added to or reduced their stakes in OI. Farther Finance Advisors LLC lifted its stake 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 valued at $26,000 after buying an additional 830 shares in the last quarter. Optiver Holding B.V. boosted its holdings in O-I Glass by 491.5% in the 1st quarter. Optiver Holding B.V. now owns 2,496 shares of the industrial products company’s stock worth $26,000 after buying an additional 2,074 shares during the period. Headlands Technologies LLC purchased a new position in O-I Glass in the 2nd quarter valued at approximately $29,000. Quarry LP purchased a new position in O-I Glass in the 4th quarter valued at approximately $32,000. Finally, Caitong International Asset Management Co. Ltd grew its stake in O-I Glass by 36,533.3% in the 4th quarter. Caitong International Asset Management Co. Ltd now owns 2,198 shares of the industrial products company’s stock valued at $32,000 after buying an additional 2,192 shares in the last quarter. Institutional investors own 97.24% of the company’s stock.

Insiders Place Their Bets

In other news, SVP Randolph L. Burns acquired 11,000 shares of the firm’s stock in a transaction that occurred on Friday, May 8th. The stock was bought at an average price of $9.32 per share, with a total value of $102,520.00. Following the acquisition, the senior vice president owned 133,932 shares in the company, valued at $1,248,246.24. The trade was a 8.95% increase in their position. The acquisition was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, SVP Darrow A. Abrahams acquired 2,774 shares of the stock in a transaction that occurred on Monday, May 11th. The stock was purchased at an average price of $9.04 per share, for a total transaction of $25,076.96. Following the completion of the purchase, the senior vice president directly owned 235,928 shares in the company, valued at $2,132,789.12. This trade represents a 1.19% increase in their position. Additional details regarding this purchase are available in the official SEC disclosure. Insiders bought 17,083 shares of company stock valued at $157,312 over the last ninety days. 1.00% of the stock is currently owned by insiders.

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.