Zacks Research Weighs in on O-I Glass’ Q4 Earnings (NYSE:OI)

O-I Glass, Inc. (NYSE:OI) – Zacks Research lowered their Q4 2026 earnings estimates for O-I Glass in a report issued on Tuesday, November 10th. Zacks Research analyst Team now forecasts that the industrial products company will earn ($0.01) per share for the quarter, down from their previous estimate of $0.03. 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’ Q2 2027 earnings at $0.29 EPS, Q3 2027 earnings at $0.33 EPS, Q1 2028 earnings at $0.70 EPS and Q3 2028 earnings at $0.68 EPS.

A number of other analysts have also weighed in on the company. Bank of America lowered O-I Glass from a “buy” rating to an “underperform” rating and set a $11.00 price objective on the stock. in a research report on Tuesday, July 14th. Wells Fargo & Company decreased their target price on O-I Glass from $12.00 to $10.00 and set an “overweight” rating for the company in a report on Monday, October 19th. Robert W. Baird set a $13.00 target price on O-I Glass in a research note on Thursday, July 30th. Truist Financial cut their price target on 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, Royal Bank Of Canada cut their price target on O-I Glass from $8.00 to $7.00 and set a “sector perform” rating on the stock in a report on Tuesday, October 13th. Three investment analysts have rated the stock with a Buy rating, four have issued a Hold rating and two have assigned a Sell rating to the company’s stock. According to MarketBeat, the stock presently has an average rating of “Hold” and an average target price of $8.81.

O-I Glass Stock Performance

Shares of OI stock opened at $5.11 on Wednesday. The company has a quick ratio of 0.80, a current ratio of 1.28 and a debt-to-equity ratio of 8.84. O-I Glass has a 52 week low of $4.84 and a 52 week high of $16.91. The stock has a market capitalization of $785.88 million, a PE ratio of -0.66, a P/E/G ratio of 12.52 and a beta of 0.75. The firm has a 50 day moving average of $5.99 and a two-hundred day moving average of $9.18.

O-I Glass (NYSE:OI) last announced its quarterly earnings data 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 negative net margin of 18.89% and a positive return on equity of 3.74%. The business had revenue of $1.62 billion during the quarter, compared to analyst estimates of $1.64 billion. During the same quarter last year, the firm posted $0.48 EPS. The company’s revenue for the quarter was down 1.8% on a year-over-year basis.

Institutional Investors Weigh In On O-I Glass

A number of hedge funds and other institutional investors have recently modified their holdings of the company. Fortitude Family Office LLC lifted its position in shares of O-I Glass by 5,036.0% during the 3rd 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 during the last quarter. Optiver Holding B.V. increased its holdings in O-I Glass by 491.5% in the first quarter. Optiver Holding B.V. now owns 2,496 shares of the industrial products company’s stock valued at $26,000 after buying an additional 2,074 shares during the last quarter. Wealth Enhancement Trust Services Inc. increased its holdings in O-I Glass by 57.3% in the third quarter. Wealth Enhancement Trust Services Inc. now owns 5,825 shares of the industrial products company’s stock valued at $33,000 after buying an additional 2,121 shares during the last quarter. Fiduciary Financial Advisors acquired a new stake in O-I Glass in the second quarter valued at $34,000. Finally, Parallel Advisors LLC raised its stake in O-I Glass by 71.5% in the third quarter. Parallel Advisors LLC now owns 6,263 shares of the industrial products company’s stock valued at $35,000 after buying an additional 2,611 shares in the last quarter. 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:

• Positive Sentiment: Zacks Research raised its Q1 2028 EPS forecast to $0.70 from $0.66, signaling a modestly better outlook for that quarter. O-I Glass analyst estimate report
• Negative Sentiment: Zacks Research cut estimates for Q4 2026 (to a loss of $0.01 from earnings of $0.03), Q2 2027 (to $0.29 from $0.36), Q3 2027 (to $0.33 from $0.38), and Q3 2028 (to $0.68 from $0.73). The cluster of downward revisions may weigh on expectations for O-I Glass’s earnings trajectory. O-I Glass analyst estimate report
• Negative Sentiment: Several law firms are reminding investors about a securities class action covering purchases from March 14, 2025, through July 28, 2026, with a December 28, 2026 lead-plaintiff deadline. The complaint alleges misleading disclosures, including about European cost pressures and projected savings; these are allegations, not proven findings. Litigation can add uncertainty and potential costs. Class-action announcement

About O-I Glass

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.