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

O-I Glass, Inc. (NYSE:OI) – Equities research analysts at Zacks Research lowered their FY2026 EPS estimates for O-I Glass in a report released on Tuesday, November 10th. Zacks Research analyst Team now expects that the industrial products company will post earnings of $0.04 per share for the year, down from their prior forecast 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.

O-I Glass (NYSE:OI) last announced its earnings results on Tuesday, October 27th. The industrial products company reported ($0.09) earnings per share for the quarter, missing the consensus estimate of $0.16 by ($0.25). O-I Glass had a negative net margin of 18.89% and a positive return on equity of 3.74%. The firm had revenue of $1.62 billion during the quarter, compared to analysts’ expectations of $1.64 billion. During the same period in the prior year, the company posted $0.48 EPS. The company’s revenue was down 1.8% compared to the same quarter last year.

Other analysts also recently issued reports about the company. Royal Bank Of Canada decreased their price objective on O-I Glass from $8.00 to $7.00 and set a “sector perform” rating for the company in a report on Tuesday, October 13th. Citigroup decreased their price objective 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. Wells Fargo & Company dropped their price objective on 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. Truist Financial cut their price target on shares of O-I Glass from $8.00 to $7.00 and set a “buy” rating on the stock in a report on Thursday, October 29th. Finally, Weiss Ratings upgraded shares of O-I Glass from a “sell (e+)” rating to a “sell (d-)” rating in a report on Tuesday. Three investment analysts have rated the stock with a Buy rating, four have assigned a Hold rating and two have issued a Sell rating to the company’s stock. According to data from MarketBeat, O-I Glass currently has a consensus rating of “Hold” and a consensus target price of $8.81.

O-I Glass Price Performance

O-I Glass stock opened at $5.16 on Thursday. The firm has a 50-day moving average of $5.95 and a two-hundred day moving average of $9.12. The stock has a market cap of $793.56 million, a price-to-earnings ratio of 20.44, a price-to-earnings-growth ratio of 12.21 and a beta of 0.75. O-I Glass has a 1 year low of $4.84 and a 1 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.

Hedge Funds Weigh In On O-I Glass

Several institutional investors and hedge funds have recently modified their holdings of OI. Optiver Holding B.V. raised its stake in shares of O-I Glass by 491.5% during the 1st quarter. Optiver Holding B.V. now owns 2,496 shares of the industrial products company’s stock worth $26,000 after buying an additional 2,074 shares during the period. Fiduciary Financial Advisors acquired a new stake in O-I Glass in the 2nd quarter valued at $34,000. Fortitude Family Office LLC increased its stake in shares of O-I Glass by 5,036.0% during the third quarter. Fortitude Family Office LLC now owns 4,417 shares of the industrial products company’s stock worth $25,000 after purchasing an additional 4,331 shares in the last quarter. Global Retirement Partners LLC purchased a new stake in O-I Glass during the 2nd quarter worth approximately $44,000. Finally, Wealth Enhancement Trust Services Inc. raised its stake in O-I Glass by 57.3% in the 3rd quarter. Wealth Enhancement Trust Services Inc. now owns 5,825 shares of the industrial products company’s stock valued at $33,000 after purchasing an additional 2,121 shares during the last quarter. Hedge funds and other institutional investors own 97.24% of the company’s stock.

Trending Headlines about O-I Glass

These are some of the OI headlines that stood out recently:

• 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.