Brokerages Set O-I Glass, Inc. (NYSE:OI) Price Target at $18.22

Shares of O-I Glass, Inc. (NYSE:OI) have earned an average rating of “Moderate Buy” from the ten analysts that are currently covering the firm, Marketbeat Ratings reports. One equities research analyst has rated the stock with a sell rating, three have given a hold rating, five have given a buy rating and one has assigned a strong buy rating to the company. The average 12 month target price among brokers that have covered the stock in the last year is $18.1111.

Several analysts have commented on OI shares. Weiss Ratings reiterated a “sell (d-)” rating on shares of O-I Glass in a research report on Thursday, January 22nd. Robert W. Baird set a $20.00 price objective on O-I Glass in a research note on Thursday, February 12th. Wells Fargo & Company raised O-I Glass from an “equal weight” rating to an “overweight” rating and increased their target price for the company from $15.00 to $18.00 in a research note on Tuesday, January 6th. Royal Bank Of Canada decreased their target price on O-I Glass from $19.00 to $18.00 and set an “outperform” rating for the company in a research report on Thursday. Finally, Wall Street Zen downgraded shares of O-I Glass from a “strong-buy” rating to a “buy” rating in a research report on Sunday, February 15th.

Hedge Funds Weigh In On O-I Glass

A number of hedge funds and other institutional investors have recently made changes to their positions in OI. Royal Bank of Canada increased its position in shares of O-I Glass by 33.9% in the 1st quarter. Royal Bank of Canada now owns 112,800 shares of the industrial products company’s stock valued at $1,294,000 after buying an additional 28,548 shares in the last quarter. AQR Capital Management LLC grew its stake in O-I Glass by 154.0% in the first quarter. AQR Capital Management LLC now owns 177,117 shares of the industrial products company’s stock valued at $1,993,000 after acquiring an additional 107,388 shares during the period. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. grew its stake in O-I Glass by 4.6% in the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 92,151 shares of the industrial products company’s stock valued at $1,057,000 after acquiring an additional 4,055 shares during the period. United Services Automobile Association bought a new stake in shares of O-I Glass in the first quarter worth about $119,000. Finally, UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC raised its position in shares of O-I Glass by 43.9% during the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 526,279 shares of the industrial products company’s stock worth $6,036,000 after purchasing an additional 160,649 shares during the period. 97.24% of the stock is owned by institutional investors.

Key O-I Glass News

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

• Positive Sentiment: RBC maintained an “Outperform” stance and still has a multi-dollar upside price target (lowered from $19 to $18), signaling continued conviction in O-I’s recovery potential. RBC target cut report
• Positive Sentiment: Zacks’ medium- to longer-term model shows some upgrades (raises to certain 2026/2027/2028 quarter and year estimates), indicating analysts see improving earnings power further out even as near-term figures slip.
• Neutral Sentiment: O-I presented at the BofA Global Agriculture & Materials Conference (CFO John Haudrich). Management reiterated plans for competitiveness, cost transformation and profitable growth — useful for assessing strategy execution but not immediately market-moving. Conference notice
• Neutral Sentiment: Transcript and slide deck from the BofA presentation are available for deeper review of management commentary and guidance assumptions. Useful for investors wanting management color. Conference transcript/slideshow
• Negative Sentiment: News outlets flagged Q1 EPS pressure and near-term earnings risk after recent updates — headlines say shares fell/gapped down on these concerns, increasing short-term volatility. MarketWatch: EPS pressure
• Negative Sentiment: Zacks substantially cut near-term quarterly estimates (notably Q1 2027 and earlier-period estimates) and trimmed FY2026/FY2027 outlooks in places — this reduces near-term earnings visibility and likely weighed on the stock.
• Negative Sentiment: Aggregated market headlines reported a gap-down and slide after the analyst moves and guidance concerns, reflecting how headlines and estimate revisions can drive intraday selling pressure. Kalkine: gap down Kalkine: RBC reaction

O-I Glass Stock Performance

Shares of NYSE:OI opened at $13.12 on Tuesday. The company has a current ratio of 1.25, a quick ratio of 0.77 and a debt-to-equity ratio of 3.35. O-I Glass has a 1-year low of $9.23 and a 1-year high of $16.91. The stock has a market capitalization of $2.00 billion, a P/E ratio of -15.62, a P/E/G ratio of 0.58 and a beta of 0.78. The business has a 50-day moving average price of $15.24 and a two-hundred day moving average price of $13.78.

O-I Glass (NYSE:OI) last issued its quarterly earnings results on Tuesday, February 10th. The industrial products company reported $0.20 EPS for the quarter, topping 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 analysts’ expectations of $1.52 billion. During the same quarter in the previous year, the company earned ($0.05) EPS. O-I Glass’s revenue was down 1.9% on a year-over-year basis. Equities analysts predict that O-I Glass will post 1.33 earnings per share for the current year.

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.