FY2026 EPS Estimates for O-I Glass Boosted by Zacks Research

O-I Glass, Inc. (NYSE:OI) – Investment analysts at Zacks Research increased their FY2026 earnings per share (EPS) estimates for shares of O-I Glass in a note issued to investors on Tuesday, July 14th. Zacks Research analyst Team now expects that the industrial products company will earn $1.21 per share for the year, up from their prior forecast 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.

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 the consensus estimate of $0.09 by ($0.04). O-I Glass had a negative net margin of 2.91% and a positive return on equity of 13.65%. The business had revenue of $1.54 billion for the quarter, compared to the consensus estimate of $1.47 billion. During the same period in the previous year, the firm earned $0.40 EPS. The firm’s revenue was down 1.7% on a year-over-year basis. O-I Glass has set its FY 2026 guidance at 1.000-1.500 EPS.

Other equities analysts have also issued research reports about the stock. UBS Group decreased their target price on shares of O-I Glass from $21.00 to $18.00 and set a “buy” rating for the company in a research report on Friday, April 10th. 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. Truist Financial reduced their price target on shares of O-I Glass from $14.00 to $13.00 and set a “buy” rating for the company in a research note on Wednesday. Weiss Ratings cut shares of O-I Glass from a “sell (d-)” rating to a “sell (e+)” rating in a report on Tuesday, June 30th. Finally, Citigroup lowered their price objective on shares of O-I Glass from $12.00 to $10.00 and set a “neutral” rating on the stock in a research note on Monday, May 4th. Four research analysts have rated the stock with a Buy rating, two have given a Hold rating and two have issued a Sell rating to the company. According to data from MarketBeat.com, O-I Glass currently has an average rating of “Hold” and an average target price of $13.57.

O-I Glass Price Performance

Shares of OI opened at $9.38 on Thursday. The firm has a market capitalization of $1.44 billion, a price-to-earnings ratio of -7.69, a price-to-earnings-growth ratio of 1.02 and a beta of 0.62. The company has a debt-to-equity ratio of 3.35, a quick ratio of 0.73 and a current ratio of 1.26. O-I Glass has a one year low of $7.75 and a one year high of $16.91. The stock’s fifty day moving average is $9.02 and its 200-day moving average is $11.57.

Insider Activity

In other O-I Glass news, SVP Eduardo Restrepo bought 3,309 shares of the business’s stock in a transaction that occurred on Thursday, May 14th. The stock was acquired at an average cost of $8.98 per share, with a total value of $29,714.82. Following the completion of the purchase, the senior vice president directly owned 94,199 shares in the company, valued at approximately $845,907.02. This trade represents a 3.64% increase in their ownership of the stock. The purchase was disclosed in a filing with the SEC, which is available through this link. Also, SVP Randolph L. Burns bought 11,000 shares of the business’s stock in a transaction that occurred on Friday, May 8th. The shares were acquired at an average cost of $9.32 per share, with a total value of $102,520.00. Following the completion of the purchase, the senior vice president owned 133,932 shares of the company’s stock, valued at approximately $1,248,246.24. The trade was a 8.95% increase in their ownership of the stock. The disclosure for this purchase is available in the SEC filing. In the last quarter, insiders acquired 17,083 shares of company stock worth $157,312. Corporate insiders own 1.00% of the company’s stock.

Institutional Inflows and Outflows

Several institutional investors have recently modified their holdings of the stock. Farther Finance Advisors LLC boosted 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 worth $26,000 after acquiring an additional 830 shares in the last quarter. Headlands Technologies LLC acquired a new stake in shares of O-I Glass during the second quarter worth $29,000. Quarry LP acquired a new stake in shares of O-I Glass during the fourth quarter worth $32,000. Caitong International Asset Management Co. Ltd lifted 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 valued at $32,000 after purchasing an additional 2,192 shares during the last quarter. Finally, State of Wyoming purchased a new stake in shares of O-I Glass during the second quarter valued at $35,000. Institutional investors own 97.24% of the company’s stock.

Trending Headlines about O-I Glass

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

• Positive Sentiment: Zacks Research upgraded O-I Glass from “strong sell” to “hold,” which can improve investor sentiment toward the stock. Zacks.com
• Positive Sentiment: Truist Financial kept a “buy” rating on O-I Glass, even after trimming its price target to $13, signaling continued confidence in upside potential. Benzinga
• Positive Sentiment: Zacks raised its FY2027 EPS estimate to $1.86 from $1.80 and also increased its Q4 2026 estimate to $0.39 and Q4 2027 estimate to $0.48, suggesting a more favorable longer-term earnings outlook.
• Neutral Sentiment: At the same time, Zacks slightly cut its near-term estimates, including Q2 2026 EPS to $0.27 from $0.28 and Q3 2026 EPS to $0.51 from $0.52, which tempers the bullish tone.
• Negative Sentiment: Bank of America reiterated an “underperform” rating, and earlier commentary cited weak demand and fewer catalysts, highlighting that not all analysts are convinced the rally is sustainable. MSN article

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.