Zacks Research Weighs in on O-I Glass’ Q4 Earnings (NYSE:OI)

O-I Glass, Inc. (NYSE:OI) – Research analysts at Zacks Research cut their Q4 2026 earnings estimates for O-I Glass in a note issued to investors on Tuesday, January 6th. Zacks Research analyst Team now expects that the industrial products company will post earnings per share of $0.36 for the quarter, down from their previous estimate of $0.38. Zacks Research has a “Strong-Buy” rating on the stock. The consensus estimate for O-I Glass’ current full-year earnings is $1.33 per share.

O-I Glass (NYSE:OI) last released its quarterly earnings results on Wednesday, March 1st. The industrial products company reported $0.36 earnings per share (EPS) for the quarter. The company had revenue of $1.59 billion for the quarter. O-I Glass had a negative net margin of 2.26% and a positive return on equity of 16.02%. O-I Glass has set its FY 2025 guidance at 1.550-1.650 EPS.

Several other analysts have also weighed in on the company. Wall Street Zen lowered O-I Glass from a “strong-buy” rating to a “buy” rating in a report on Sunday, December 28th. Truist Financial boosted their price objective on shares of O-I Glass from $17.00 to $21.00 and gave the company a “buy” rating in a research report on Tuesday. Bank of America upgraded shares of O-I Glass from a “neutral” rating to a “buy” rating and raised their target price for the stock from $14.00 to $17.00 in a report on Monday, November 17th. Wells Fargo & Company upgraded shares of O-I Glass from an “equal weight” rating to an “overweight” rating and upped their price target for the company from $15.00 to $18.00 in a report on Tuesday. Finally, Weiss Ratings reissued a “sell (d-)” rating on shares of O-I Glass in a research report on Wednesday, October 8th. Two analysts have rated the stock with a Strong Buy rating, six have given a Buy rating, two have issued a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average price target of $17.56.

O-I Glass Price Performance

NYSE:OI opened at $15.36 on Friday. The firm has a market capitalization of $2.36 billion, a price-to-earnings ratio of -16.34, a PEG ratio of 0.18 and a beta of 0.77. O-I Glass has a 1 year low of $9.23 and a 1 year high of $16.04. The business has a 50 day simple moving average of $13.97 and a 200-day simple moving average of $13.59. The company has a debt-to-equity ratio of 3.36, a current ratio of 1.33 and a quick ratio of 0.84.

Hedge Funds Weigh In On O-I Glass

A number of hedge funds have recently added to or reduced their stakes in OI. Knights of Columbus Asset Advisors LLC bought a new position in shares of O-I Glass in the 2nd quarter worth $1,329,000. Strs Ohio bought a new stake in O-I Glass during the first quarter valued at about $747,000. Wealth Enhancement Advisory Services LLC grew its stake in O-I Glass by 18.5% in the second quarter. Wealth Enhancement Advisory Services LLC now owns 19,493 shares of the industrial products company’s stock valued at $305,000 after purchasing an additional 3,049 shares during the last quarter. JPMorgan Chase & Co. raised its holdings in O-I Glass by 123.8% in the second quarter. JPMorgan Chase & Co. now owns 1,145,980 shares of the industrial products company’s stock worth $16,892,000 after purchasing an additional 633,875 shares in the last quarter. Finally, Castleark Management LLC purchased a new stake in shares of O-I Glass during the second quarter valued at about $4,942,000. 97.24% of the stock is currently owned by institutional investors.

O-I Glass News Summary

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

• Positive Sentiment: Zacks Research raised near-term and full-year EPS forecasts (Q2, Q3 and FY2026) and maintains a “Strong-Buy” view, citing higher expected quarterly EPS and lifting FY2026 to $1.90. This improves forward earnings visibility and supports the rally.
• Positive Sentiment: O-I hit a 52-week high and is featured as a momentum pick in Zacks coverage — momentum and technical breakout headlines can attract trend-following money. O-I Glass, Inc. (OI) Hits Fresh High: Is There Still Room to Run?
• Positive Sentiment: Zacks included OI in a short list of stocks trading near 52-week highs with room to rise, reinforcing the narrative of continued upside from momentum investors. 4 Stocks Trading Near 52-Week High With Room to Rise Further
• Positive Sentiment: Truist raised its price target to $21, signaling stronger analyst conviction on upside potential and giving investors a higher reference valuation. Truist Financial Increases O-I Glass (NYSE:OI) Price Target to $21.00
• Positive Sentiment: Wells Fargo upgraded O-I Glass, adding another sell-side uplift that can drive buying from institutional accounts. Wells Fargo upgrades O-I Glass (OI)
• Positive Sentiment: Unusual options activity showed a large spike in call purchases (2,354 calls, ~3,039% above typical daily volume), indicating speculative or hedged bullish positioning by traders.

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.