Research Analysts Issue Forecasts for O-I Glass Q1 Earnings

O-I Glass, Inc. (NYSE:OI) – Investment analysts at Zacks Research raised their Q1 2026 earnings estimates for O-I Glass in a research report issued on Wednesday, July 16th. Zacks Research analyst M. Das now expects that the industrial products company will earn $0.35 per share for the quarter, up from their prior forecast of $0.34. The consensus estimate for O-I Glass’ current full-year earnings is $1.33 per share. Zacks Research also issued estimates for O-I Glass’ Q3 2026 earnings at $0.60 EPS, Q4 2026 earnings at $0.38 EPS, FY2026 earnings at $1.72 EPS and FY2027 earnings at $2.28 EPS.

Other research analysts have also recently issued reports about the stock. Bank of America reissued a “neutral” rating and set a $17.00 price objective (up from $15.00) on shares of O-I Glass in a report on Wednesday, July 9th. Wall Street Zen upgraded shares of O-I Glass from a “hold” rating to a “buy” rating in a research report on Sunday, June 29th. Wells Fargo & Company downgraded shares of O-I Glass from an “overweight” rating to an “equal weight” rating and decreased their price target for the stock from $16.00 to $15.00 in a research report on Friday. BNP Paribas Exane began coverage on shares of O-I Glass in a research report on Wednesday, June 25th. They issued an “outperform” rating and a $18.00 price target on the stock. Finally, UBS Group reiterated a “buy” rating and issued a $19.00 price target (up from $17.00) on shares of O-I Glass in a research report on Wednesday, July 9th. Four equities research analysts have rated the stock with a hold rating, six have issued a buy rating and one has issued a strong buy rating to the company. According to MarketBeat, O-I Glass has an average rating of “Moderate Buy” and an average target price of $17.20.

O-I Glass Trading Down 1.4%

NYSE:OI opened at $14.32 on Friday. The company’s 50 day moving average price is $14.14 and its 200-day moving average price is $12.34. O-I Glass has a 52 week low of $9.23 and a 52 week high of $16.04. The company has a quick ratio of 0.73, a current ratio of 1.24 and a debt-to-equity ratio of 3.83. The stock has a market cap of $2.22 billion, a price-to-earnings ratio of -11.37, a PEG ratio of 0.29 and a beta of 0.97.

O-I Glass (NYSE:OI) last posted its quarterly earnings results on Tuesday, April 29th. The industrial products company reported $0.40 EPS for the quarter, beating analysts’ consensus estimates of $0.18 by $0.22. O-I Glass had a negative net margin of 2.98% and a positive return on equity of 8.48%. The firm had revenue of $1.57 billion for the quarter, compared to analysts’ expectations of $1.55 billion. During the same quarter in the prior year, the company posted $0.45 earnings per share. The business’s revenue for the quarter was up .4% on a year-over-year basis.

Hedge Funds Weigh In On O-I Glass

Several institutional investors have recently bought and sold shares of the stock. GAMMA Investing LLC lifted its position in O-I Glass by 79.3% during the first quarter. GAMMA Investing LLC now owns 2,583 shares of the industrial products company’s stock valued at $30,000 after purchasing an additional 1,142 shares during the last quarter. Caitong International Asset Management Co. Ltd bought a new stake in shares of O-I Glass in the 1st quarter worth about $30,000. Sterling Capital Management LLC lifted its holdings in shares of O-I Glass by 807.2% in the 4th quarter. Sterling Capital Management LLC now owns 4,881 shares of the industrial products company’s stock worth $53,000 after acquiring an additional 4,343 shares during the last quarter. BI Asset Management Fondsmaeglerselskab A S bought a new stake in shares of O-I Glass in the 1st quarter worth about $85,000. Finally, New Age Alpha Advisors LLC bought a new stake in shares of O-I Glass in the 4th quarter worth about $86,000. 97.24% of the stock is owned by hedge funds and other institutional investors.

About O-I Glass

O-I Glass, Inc, through its subsidiaries, engages in the manufacture and sale of glass containers to food and beverage manufacturers primarily in the Americas, Europe, and internationally. The company produces glass containers for alcoholic beverages, including beer, flavored malt beverages, spirits, and wine.