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

Shares of O-I Glass, Inc. (NYSE:OI) have been assigned a consensus recommendation of “Hold” from the nine research firms that are presently covering the company, Marketbeat Ratings reports. Two equities 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 target price among brokers that have updated their coverage on the stock in the last year is $8.81.

OI has been the subject of a number of research analyst reports. Truist Financial decreased their target price on 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. Zacks Research raised O-I Glass from a “strong sell” rating to a “hold” rating in a research report on Monday, July 13th. BNP Paribas Exane cut O-I Glass from an “outperform” rating to a “neutral” rating and set a $8.50 price objective for the company. in a research note on Thursday, July 30th. Royal Bank Of Canada reduced their price objective on O-I Glass from $8.00 to $7.00 and set a “sector perform” rating for the company in a research note on Tuesday, October 13th. Finally, Bank of America downgraded O-I Glass from a “buy” rating to an “underperform” rating and set a $11.00 price objective for the company. in a report on Tuesday, July 14th.

O-I Glass Price Performance

Shares of NYSE:OI opened at $5.38 on Friday. O-I Glass has a 12 month low of $4.84 and a 12 month high of $16.91. The firm has a market capitalization of $828.97 million, a P/E ratio of 21.92, a P/E/G ratio of 13.09 and a beta of 0.75. 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 company’s fifty day moving average price is $6.12 and its 200 day moving average price is $9.33.

O-I Glass (NYSE:OI) last released its quarterly earnings data on Tuesday, October 27th. The industrial products company reported ($0.09) earnings per share (EPS) for the quarter, missing the consensus estimate of $0.16 by ($0.25). The company had revenue of $1.62 billion during the quarter, compared to analyst estimates 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 revenue was down 1.8% on a year-over-year basis. During the same quarter in the prior year, the company earned $0.48 EPS. As a group, sell-side analysts predict that O-I Glass will post 0.06 earnings per share for the current fiscal year.

Key Headlines Impacting O-I Glass

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

• Negative Sentiment: The lawsuit covers investors who bought O-I Glass shares between March 14, 2025, and July 28, 2026. It alleges securities-law violations and claims the company did not disclose delays in its Fit to Win savings program and European energy-cost pressures while reaffirming multi-year targets. These are allegations, not proven findings. Levi & Korsinsky lawsuit notice
• Negative Sentiment: Investors have until December 28, 2026, to seek appointment as lead plaintiff. The repeated law-firm announcements are largely reminders about the same case, rather than reports of a new development. The ongoing litigation may weigh on sentiment amid O-I Glass’s weak recent results and substantial debt. Lead plaintiff deadline notice

Institutional Trading of O-I Glass

Several institutional investors and hedge funds have recently bought and sold shares of OI. Maryland State Retirement & Pension System increased its stake in O-I Glass by 54.7% in the 3rd quarter. Maryland State Retirement & Pension System now owns 34,645 shares of the industrial products company’s stock valued at $196,000 after buying an additional 12,257 shares during the period. Private Management Group Inc. raised its position in O-I Glass by 33.8% during the 3rd quarter. Private Management Group Inc. now owns 4,125,555 shares of the industrial products company’s stock worth $23,309,000 after buying an additional 1,041,862 shares during the last quarter. Fulcrum Asset Management LLP lifted its stake in shares of O-I Glass by 10,926.9% in the 3rd quarter. Fulcrum Asset Management LLP now owns 22,936 shares of the industrial products company’s stock worth $129,000 after acquiring an additional 22,728 shares during the period. Allspring Global Investments Holdings LLC lifted its stake in shares of O-I Glass by 10.3% in the 3rd quarter. Allspring Global Investments Holdings LLC now owns 62,047 shares of the industrial products company’s stock worth $351,000 after acquiring an additional 5,805 shares during the period. Finally, Brickley Wealth Management acquired a new stake in shares of O-I Glass in the 3rd quarter worth $58,000. Hedge funds and other institutional investors own 97.24% of the company’s stock.

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.