O-I Glass, Inc. (NYSE:OI) Stock Has Average Price Target of $8.81 According to Analysts

Key Points

• Analysts have a “Hold” consensus on O-I Glass, with two sell, four hold, and three buy ratings. The average 12-month price target is $8.81 versus a recent share price of $5.08.
• Recent analyst actions were mixed: Citigroup and Truist maintained buy ratings but cut their targets to $8 and $7, while UBS and BNP Paribas Exane downgraded the stock to neutral.
• O-I Glass missed quarterly earnings expectations, reporting a $0.09-per-share loss versus analysts’ expected $0.16 profit, while revenue fell 1.8% year over year to $1.62 billion.

O-I Glass, Inc. (NYSE:OI - Get Free Report) has earned an average recommendation of "Hold" from the nine research firms that are currently covering the firm, Marketbeat reports. Two analysts have rated the stock with a sell rating, four have assigned a hold rating and three have assigned a buy rating to the company. The average 12-month target price among analysts that have covered the stock in the last year is $8.81.

Several equities research analysts recently issued reports on the stock. Citigroup dropped their price target on shares of O-I Glass from $9.00 to $8.00 and set a "buy" rating on the stock in a research note on Thursday. BNP Paribas Exane cut shares of O-I Glass from an "outperform" rating to a "neutral" rating and set a $8.50 price objective for the company. in a research report on Thursday, July 30th. UBS Group lowered O-I Glass from a "buy" rating to a "neutral" rating and lowered their price objective for the company from $11.00 to $6.00 in a research note on Monday, October 5th. Truist Financial dropped their price objective on O-I Glass from $8.00 to $7.00 and set a "buy" rating on the stock in a report on Thursday. Finally, Robert W. Baird set a $13.00 target price on O-I Glass in a research report on Thursday, July 30th.

O-I Glass Price Performance

Shares of NYSE OI opened at $5.08 on Friday. The company has a debt-to-equity ratio of 8.84, a current ratio of 1.28 and a quick ratio of 0.77. O-I Glass has a 1-year low of $5.00 and a 1-year high of $16.91. The company has a market capitalization of $782.02 million, a price-to-earnings ratio of -0.65, a PEG ratio of 1.97 and a beta of 0.68. The business has a 50-day moving average of $6.28 and a 200-day moving average of $9.53.

O-I Glass (NYSE:OI - Get Free Report) last announced its earnings results on Tuesday, October 27th. The industrial products company reported ($0.09) EPS for the quarter, missing the consensus estimate of $0.16 by ($0.25). The company had revenue of $1.62 billion for the quarter, compared to analysts' expectations of $1.64 billion. O-I Glass had a negative net margin of 18.89% and a positive return on equity of 3.74%. The business's quarterly revenue was down 1.8% compared to the same quarter last year. During the same quarter in the previous year, the business posted $0.48 earnings per share. On average, equities analysts anticipate that O-I Glass will post 0.06 EPS for the current fiscal year.

Trending Headlines about O-I Glass

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

• Positive Sentiment: Citigroup and Truist Financial maintained buy ratings, although they reduced their price targets to $8 and $7, respectively. These targets still imply substantial upside from recent trading levels. Citigroup analyst update Truist analyst update
• Neutral Sentiment: O-I Glass updated its 2026 adjusted EBITDA outlook to $925 million-$950 million and continues to target at least $650 million in cumulative benefits from its Fit to Win program by the end of 2027. Execution against these targets will be important for restoring investor confidence. O-I Glass EBITDA outlook
• Negative Sentiment: Recent results missed expectations: O-I Glass reported a quarterly loss of $0.09 per share versus the consensus expectation of $0.16 in earnings, while revenue declined 1.8% year over year to $1.62 billion. Reports also point to a weaker 2026 outlook, adding to concerns about operating performance. O-I Glass weaker results and outlook
• Negative Sentiment: Multiple law firms announced or promoted a securities class action covering investors who purchased O-I Glass securities from March 14, 2025, through July 28, 2026. The complaints allege that the company and certain executives made misleading statements or failed to disclose adverse developments involving the Fit to Win program and its 2026 financial outlook. The lead-plaintiff deadline is December 28, 2026. O-I Glass class action announcement

Institutional Trading of O-I Glass

Hedge funds and other institutional investors have recently made changes to their positions in the stock. BlackRock Inc. bought a new stake in shares of O-I Glass in the 2nd quarter valued at approximately $225,727,000. Dimensional Fund Advisors LP raised its position in shares of O-I Glass by 8.6% during the 1st quarter. Dimensional Fund Advisors LP now owns 9,238,635 shares of the industrial products company's stock valued at $97,094,000 after acquiring an additional 729,191 shares in the last quarter. Cooper Creek Partners Management LLC raised its position in shares of O-I Glass by 73.8% during the 1st quarter. Cooper Creek Partners Management LLC now owns 7,006,293 shares of the industrial products company's stock valued at $73,636,000 after acquiring an additional 2,975,181 shares in the last quarter. Arrowstreet Capital Limited Partnership lifted its stake in O-I Glass by 32.1% during the first quarter. Arrowstreet Capital Limited Partnership now owns 4,246,337 shares of the industrial products company's stock worth $44,629,000 after purchasing an additional 1,030,705 shares during the last quarter. Finally, Bank of America Corp DE lifted its stake in O-I Glass by 15.6% during the first quarter. Bank of America Corp DE now owns 3,563,497 shares of the industrial products company's stock worth $37,452,000 after purchasing an additional 479,608 shares during the last quarter. Institutional investors own 97.24% of the company's stock.

About O-I Glass

O-I Glass, Inc is a global manufacturer of glass packaging products. The company produces glass bottles and jars primarily for the food, beverage, beer, wine, spirits, and pharmaceutical industries, serving brand owners and consumer-products companies.

Its products are designed to provide packaging, preservation, and presentation for a range of consumer goods. O-I also offers glass packaging in various shapes, sizes, and colors, including custom solutions developed for individual brands.

The company traces its history to the Owens Bottle Company, founded in 1903, and the Illinois Glass Company.

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