O-I Glass, Inc. (OI) – What Are Investment Firms Saying About This Stock?

Shares of O-I Glass, Inc. (NYSE:OI) have received an average recommendation of “Hold” from the nine brokerages that are covering the stock, Marketbeat.com reports. Two analysts have rated the stock with a sell rating, four have given a hold rating and three have issued a buy rating on the company. The average 1-year price objective among brokerages that have covered the stock in the last year is $9.31.

Several research analysts have recently issued reports on the stock. Wells Fargo & Company dropped their target price on shares of O-I Glass from $13.00 to $12.00 and set an “overweight” rating on the stock in a research note on Wednesday, July 15th. Truist Financial reduced their price target on shares of O-I Glass from $10.00 to $8.00 and set a “buy” rating for the company in a research report on Monday. UBS Group lowered shares of O-I Glass from a “buy” rating to a “neutral” rating and decreased their price objective for the stock from $11.00 to $6.00 in a report on Monday, October 5th. Robert W. Baird set a $13.00 price objective on O-I Glass in a research report on Thursday, July 30th. Finally, Citigroup raised O-I Glass from a “neutral” rating to a “buy” rating and upped their price objective for the company from $8.00 to $9.00 in a research report on Friday, August 21st.

Institutional Inflows and Outflows

Several hedge funds have recently modified their holdings of OI. Optiver Holding B.V. boosted its stake in shares of 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 last quarter. Fiduciary Financial Advisors bought a new stake in shares of O-I Glass in the second quarter worth $34,000. Global Retirement Partners LLC bought a new stake in shares of O-I Glass in the second quarter worth $44,000. Wealth Enhancement Trust Services Inc. grew its holdings in shares of O-I Glass by 57.3% in the third quarter. Wealth Enhancement Trust Services Inc. now owns 5,825 shares of the industrial products company’s stock worth $33,000 after acquiring an additional 2,121 shares during the period. Finally, Farther Finance Advisors LLC increased its position in O-I Glass by 69.4% during the third quarter. Farther Finance Advisors LLC now owns 7,336 shares of the industrial products company’s stock valued at $41,000 after acquiring an additional 3,006 shares during the last quarter. Hedge funds and other 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 raised its Q1 2028 EPS forecast for O-I Glass to $0.66 from $0.64, indicating improved longer-term expectations for that quarter.
• Positive Sentiment: Truist retained a Buy rating on O-I Glass, suggesting it still sees upside despite cutting its price target to $8 from $10. Truist Cuts Price Target on O-I Glass to $8 From $10, Keeps Buy Rating
• Neutral Sentiment: Analysts project O-I Glass will earn $1.35 per share in FY2027, with quarterly estimates of $0.36 in Q2, $0.38 in Q3, $0.37 in Q4 and $0.66 in Q1 2028. These forecasts provide a potential earnings-recovery framework, but the overall Zacks rating remains Hold.
• Neutral Sentiment: A separate report compares O-I Glass with International Paper, while another discusses Zacks Research’s Q2 earnings forecast. These items offer valuation and estimate context but do not appear to introduce a new company-specific catalyst. Financial Comparison: International Paper and O-I Glass What is Zacks Research’s Forecast for O-I Glass Q2 Earnings?
• Negative Sentiment: Zacks cut its Q2 2027 EPS estimate to $0.36 from $0.38, Q3 to $0.38 from $0.40, Q4 to $0.37 from $0.38 and FY2027 to $1.35 from $1.40. The broad downward revisions may pressure the stock because they signal softer expected profitability.
• Negative Sentiment: Truist’s price-target reduction from $10 to $8 reflects more limited near-term upside, even though the firm kept its Buy recommendation.

O-I Glass Price Performance

OI opened at $5.90 on Wednesday. The firm has a market cap of $906.13 million, a PE ratio of 7.22, a P/E/G ratio of 2.68 and a beta of 0.68. The stock has a 50-day moving average price of $6.52 and a 200-day moving average price of $8.35. O-I Glass has a 1 year low of $5.30 and a 1 year high of $16.91. The company has a debt-to-equity ratio of 8.89, a current ratio of 1.26 and a quick ratio of 0.77.

O-I Glass (NYSE:OI) last announced its quarterly earnings data on Tuesday, July 28th. The industrial products company reported $0.09 EPS for the quarter, missing the consensus estimate of $0.24 by ($0.15). The firm had revenue of $1.67 billion for the quarter, compared to analysts’ expectations of $1.68 billion. O-I Glass had a negative net margin of 18.13% and a positive return on equity of 10.40%. The business’s revenue for the quarter was down 2.2% compared to the same quarter last year. During the same period last year, the company posted $0.53 earnings per share. Sell-side analysts predict that O-I Glass will post 0.30 earnings per share for the current fiscal year.

O-I Glass Company Profile

O-I Glass, Inc (NYSE: OI) is a global manufacturer of glass packaging. The company produces glass bottles and jars for food, beverages, beer, wine, spirits, pharmaceuticals and other consumer products, serving brand owners and manufacturers that use glass containers for packaging.

The company operates glass-container manufacturing facilities and provides related design, engineering and packaging services. Its products are used across a range of markets and geographies, including North and South America, Europe and other international markets.