Royal Bank Of Canada Cuts O-I Glass (NYSE:OI) Price Target to $18.00

O-I Glass (NYSE:OI) had its target price lowered by equities researchers at Royal Bank Of Canada from $19.00 to $18.00 in a research report issued to clients and investors on Thursday,Benzinga reports. The firm presently has an “outperform” rating on the industrial products company’s stock. Royal Bank Of Canada’s price objective indicates a potential upside of 42.27% from the stock’s previous close.

A number of other brokerages have also recently commented on OI. Citigroup decreased their target price on O-I Glass from $17.00 to $16.00 and set a “neutral” rating on the stock in a report on Thursday, February 12th. Robert W. Baird set a $20.00 price objective on O-I Glass in a research note on Thursday, February 12th. Weiss Ratings reiterated a “sell (d-)” rating on shares of O-I Glass in a research note on Thursday, January 22nd. Truist Financial increased their target price on shares of O-I Glass from $17.00 to $21.00 and gave the stock a “buy” rating in a report on Tuesday, January 6th. Finally, Wells Fargo & Company raised shares of O-I Glass from an “equal weight” rating to an “overweight” rating and lifted their price target for the company from $15.00 to $18.00 in a report on Tuesday, January 6th. One analyst has rated the stock with a Strong Buy rating, five have assigned a Buy rating, three have given a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat, the company has an average rating of “Moderate Buy” and a consensus target price of $18.11.

O-I Glass Stock Performance

Shares of O-I Glass stock traded down $0.23 during trading hours on Thursday, reaching $12.65. 693,274 shares of the stock traded hands, compared to its average volume of 1,814,558. The company has a 50 day moving average price of $15.27 and a 200 day moving average price of $13.79. O-I Glass has a one year low of $9.23 and a one year high of $16.91. The company has a quick ratio of 0.77, a current ratio of 1.25 and a debt-to-equity ratio of 3.35. The firm has a market capitalization of $1.93 billion, a price-to-earnings ratio of -15.15, a P/E/G ratio of 0.67 and a beta of 0.78.

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 negative net margin of 2.01% and a positive return on equity of 18.07%. The company had revenue of $1.50 billion during the quarter, compared to analyst estimates of $1.52 billion. During the same period in the previous year, the business posted ($0.05) earnings per share. The firm’s quarterly revenue was down 1.9% compared to the same quarter last year. On average, equities research analysts expect that O-I Glass will post 1.33 earnings per share for the current fiscal year.

Institutional Investors Weigh In On O-I Glass

Large investors have recently made changes to their positions in the company. Farther Finance Advisors LLC grew its holdings in 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. Headlands Technologies LLC purchased a new position in shares of O-I Glass in the second quarter valued at $29,000. Quarry LP bought a new stake in O-I Glass in the fourth quarter worth $32,000. Caitong International Asset Management Co. Ltd raised its stake in 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 in the last quarter. Finally, Smartleaf Asset Management LLC raised its stake in O-I Glass by 64.1% during the second quarter. Smartleaf Asset Management LLC now owns 2,350 shares of the industrial products company’s stock valued at $35,000 after purchasing an additional 918 shares in the last quarter. 97.24% of the stock is owned by institutional investors.

O-I Glass News Roundup

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

• Positive Sentiment: Zacks raised a few mid/ and longer‑term quarter estimates (Q3 2026 to $0.62 from $0.60; Q3 2027 to $0.68; Q4 2027 to $0.49 and FY2028 to $2.66), signaling stronger expected earnings further out, which could support the stock over time.
• Positive Sentiment: O‑I presented at the BofA Securities 2026 Global Agriculture & Materials Conference; CFO John Haudrich outlined a strategy focused on competitiveness, disciplined cost transformation and profitable growth — management messaging that can reassure investors about execution. O-I to Present at BofA Securities 2026 Global Agriculture and Materials Conference
• Neutral Sentiment: Seeking Alpha posted the presentation transcript and slideshow — useful for digging into management commentary and questions but no immediate new guidance. Presentation Transcript Slideshow
• Negative Sentiment: Zacks cut several near‑term EPS forecasts: Q1 2026 to $0.26 from $0.43 and Q1 2027 to $0.46 from $0.61 — sizable downward revisions that imply weaker near‑term earnings momentum and are the primary driver of the share weakness.
• Negative Sentiment: Zacks lowered Q4 2026 to $0.32 (from $0.37) and trimmed FY2026 to $1.76 (from $1.94); they also cut FY2027 to $2.24 (from $2.35) and reduced Q2 2027 slightly to $0.62 — the aggregate downgrades raise concerns about near‑term margins and growth pacing.

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.