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

O-I Glass, Inc. (NYSE:OI) has received a consensus rating of “Hold” from the nine brokerages that are currently covering the company, Marketbeat Ratings reports. Two research analysts have rated the stock with a sell recommendation, four have issued a hold recommendation and three have given a buy recommendation to the company. The average twelve-month price target among brokerages that have issued ratings on the stock in the last year is $8.81.

A number of brokerages have commented on OI. Citigroup decreased their target price on 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. Bank of America cut O-I Glass from a “buy” rating to an “underperform” rating and set a $11.00 price target on the stock. in a research report on Tuesday, July 14th. Royal Bank Of Canada cut their target price on O-I Glass from $8.00 to $7.00 and set a “sector perform” rating on the stock in a research note on Tuesday, October 13th. BNP Paribas Exane downgraded shares of O-I Glass from an “outperform” rating to a “neutral” rating and set a $8.50 price target for the company. in a report on Thursday, July 30th. Finally, Truist Financial lowered their price target on shares of O-I Glass from $8.00 to $7.00 and set a “buy” rating for the company in a research report on Thursday, October 29th.

O-I Glass Stock Down 1.6%

OI stock opened at $5.12 on Friday. The company has a debt-to-equity ratio of 8.84, a current ratio of 1.28 and a quick ratio of 0.80. O-I Glass has a 1-year low of $4.84 and a 1-year high of $16.91. The firm has a fifty day moving average price of $6.20 and a two-hundred day moving average price of $9.43. The firm has a market cap of $787.40 million, a price-to-earnings ratio of 20.80, a PEG ratio of 12.42 and a beta of 0.75.

O-I Glass (NYSE:OI) last issued its 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). O-I Glass had a positive return on equity of 3.74% and a negative net margin of 18.89%. The business had revenue of $1.62 billion for the quarter, compared to analyst estimates of $1.64 billion. During the same period last year, the company posted $0.48 earnings per share. The firm’s revenue for the quarter was down 1.8% on a year-over-year basis. Research analysts predict that O-I Glass will post 0.06 EPS for the current year.

Hedge Funds Weigh In On O-I Glass

Hedge funds and other institutional investors have recently made changes to their positions in the business. BlackRock Inc. acquired a new stake in O-I Glass during the second quarter valued at approximately $225,727,000. Dimensional Fund Advisors LP lifted its holdings in shares of O-I Glass by 8.6% during the first quarter. Dimensional Fund Advisors LP now owns 9,238,635 shares of the industrial products company’s stock valued at $97,094,000 after purchasing an additional 729,191 shares during the last quarter. Cooper Creek Partners Management LLC increased its position in shares of O-I Glass by 73.8% in the first quarter. Cooper Creek Partners Management LLC now owns 7,006,293 shares of the industrial products company’s stock worth $73,636,000 after acquiring an additional 2,975,181 shares in the last quarter. Arrowstreet Capital Limited Partnership grew its position in 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 worth $44,629,000 after purchasing an additional 1,030,705 shares in the last quarter. Finally, Bank of America Corp DE boosted its holdings in shares of 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 period. 97.24% of the stock is currently owned by institutional investors and hedge funds.

More O-I Glass News

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

• Negative Sentiment: Several law firms publicized the same securities class action, filed on October 29, on behalf of investors who bought O-I Glass shares from March 14, 2025, through July 28, 2026. The suit alleges that company statements about its Fit to Win program and 2026 outlook failed to disclose cost-saving delays and pressures in Europe; these are allegations, not proven findings. Investors seeking lead-plaintiff status face a December 28, 2026 deadline. The repeated announcements are reminders of one lawsuit, rather than evidence of several separate cases. Lawsuit allegations and deadline
• Negative Sentiment: A report said O-I Glass’s consensus price target was cut 17.66% to $7.03, signaling reduced analyst expectations. Another report linked the lawsuit to a sharp stock decline and realigned 2027 targets, underscoring concerns about the company’s forward outlook. Consensus price-target report

O-I Glass Company Profile

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.