O-I Glass Stock Gets Weaker EPS Forecast from Zacks Research

Key Points

• Zacks Research cut its FY2026 EPS estimate for O-I Glass to $0.04 from $0.21, below the $0.06 analyst consensus, and also lowered several later-quarter forecasts.
• O-I Glass missed its latest quarterly expectations, reporting a $0.09-per-share loss versus analysts’ expected $0.16 profit; revenue of $1.62 billion also fell short and declined 1.8% year over year.
• Analyst views remain mixed, with a consensus Hold rating and an average price target of $8.81. Shares opened at $5.16, near the company’s one-year low of $4.84.

O-I Glass, Inc. (NYSE:OI - Free Report) - Zacks Research reduced their FY2026 EPS estimates for shares of O-I Glass in a research report issued to clients and investors on Tuesday, November 10th. Zacks Research analyst Team now anticipates that the industrial products company will post earnings per share of $0.04 for the year, down from their previous estimate of $0.21. The consensus estimate for O-I Glass' current full-year earnings is $0.06 per share. Zacks Research also issued estimates for O-I Glass' Q1 2027 earnings at $0.16 EPS, Q4 2027 earnings at $0.08 EPS, FY2027 earnings at $0.86 EPS and Q2 2028 earnings at $0.73 EPS.

OI has been the subject of a number of other reports. Weiss Ratings upgraded shares of O-I Glass from a "sell (e+)" rating to a "sell (d-)" rating in a report on Tuesday. Citigroup lowered their price objective on shares of O-I Glass from $9.00 to $8.00 and set a "buy" rating for the company in a research note on Thursday, October 29th. BNP Paribas Exane lowered O-I Glass from an "outperform" rating to a "neutral" rating and set a $8.50 price target for the company. in a research note on Thursday, July 30th. Royal Bank Of Canada cut their price objective on O-I Glass from $8.00 to $7.00 and set a "sector perform" rating on the stock in a research report on Tuesday, October 13th. Finally, Wells Fargo & Company reduced their target price on shares of O-I Glass from $12.00 to $10.00 and set an "overweight" rating on the stock in a research report on Monday, October 19th. Three analysts have rated the stock with a Buy rating, four have assigned a Hold rating and two have given a Sell rating to the company's stock. According to data from MarketBeat, O-I Glass presently has a consensus rating of "Hold" and an average target price of $8.81.

O-I Glass Stock Up 0.9%

Shares of NYSE OI opened at $5.16 on Thursday. O-I Glass has a one year low of $4.84 and a one year high of $16.91. The company has a debt-to-equity ratio of 8.84, a current ratio of 1.28 and a quick ratio of 0.80. The firm's 50 day simple moving average is $5.95 and its two-hundred day simple moving average is $9.12. The stock has a market capitalization of $793.56 million, a P/E ratio of 20.44, a PEG ratio of 12.21 and a beta of 0.75.

O-I Glass (NYSE:OI - Get Free Report) last released its quarterly earnings results on Tuesday, October 27th. The industrial products company reported ($0.09) earnings per share for the quarter, missing analysts' consensus estimates of $0.16 by ($0.25). The firm 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 company's revenue for the quarter was down 1.8% on a year-over-year basis. During the same quarter in the previous year, the business earned $0.48 EPS.

Institutional Inflows and Outflows

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

Recent O-I Glass Headlines

Investors following OI have been watching these headlines:

• Positive Sentiment: Zacks Research raised its Q1 2028 EPS estimate to $0.70 from $0.66, a limited positive signal amid other reductions.
• Negative Sentiment: Several law firms publicized an existing securities class action covering investors who bought O-I Glass shares from March 14, 2025, through July 28, 2026. The complaint alleges the company misrepresented progress on its “Fit to Win” cost-savings program, including delays, and did not adequately disclose European cost pressures and subsequent guidance cuts. These are allegations, not established findings; investors have until December 28, 2026, to seek lead-plaintiff status. Shareholder alert on alleged cost-savings misrepresentations Class-action deadline notice
• Negative Sentiment: Zacks Research lowered several estimates, including Q4 2026 EPS to a loss of $0.01 from a projected profit of $0.03, and cut Q2 and Q3 2027 forecasts to $0.29 and $0.33, respectively. The revisions point to softer expected earnings, despite the increase to its Q1 2028 estimate.

O-I Glass Company Profile

O-I Glass, Inc. manufactures glass containers for food and beverage brands. Its products include bottles and jars used for beer, wine, spirits, nonalcoholic beverages, and food, serving customers across consumer and industrial markets. The company traces its roots to the Owens Bottle Company, established in 1903 by glassmaking innovator Michael J. Owens. It later became Owens-Illinois and adopted the O-I Glass name in 2020. O-I Glass serves customers in the Americas and Europe, with operations and sales activities across multiple countries.

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