Equities Analysts Set Expectations for O-I Glass Q1 Earnings

O-I Glass, Inc. (NYSE:OI) – Equities researchers at Zacks Research dropped their Q1 2026 earnings estimates for O-I Glass in a research note issued on Tuesday, February 24th. Zacks Research analyst Team now expects that the industrial products company will post earnings per share of $0.26 for the quarter, down from their prior forecast of $0.43. Zacks Research currently has a “Hold” rating on the stock. The consensus estimate for O-I Glass’ current full-year earnings is $1.33 per share. Zacks Research also issued estimates for O-I Glass’ Q2 2026 earnings at $0.56 EPS, Q3 2026 earnings at $0.62 EPS, Q4 2026 earnings at $0.32 EPS, FY2026 earnings at $1.76 EPS and Q1 2027 earnings at $0.46 EPS.

A number of other equities analysts also recently weighed in on OI. Wells Fargo & Company raised O-I Glass from an “equal weight” rating to an “overweight” rating and upped their price target for the stock from $15.00 to $18.00 in a research report on Tuesday, January 6th. Truist Financial boosted their price objective on shares of O-I Glass from $17.00 to $21.00 and gave the stock a “buy” rating in a research report on Tuesday, January 6th. Wall Street Zen downgraded shares of O-I Glass from a “strong-buy” rating to a “buy” rating in a research report on Sunday, February 15th. Robert W. Baird set a $20.00 price target on shares of O-I Glass in a research report on Thursday, February 12th. Finally, Royal Bank Of Canada restated an “outperform” rating and set a $19.00 price objective on shares of O-I Glass in a research note on Thursday, January 15th. One analyst has rated the stock with a Strong Buy rating, five have assigned a Buy rating, three have given a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat.com, O-I Glass has a consensus rating of “Moderate Buy” and an average price target of $18.22.

O-I Glass Stock Down 13.3%

OI stock opened at $12.87 on Thursday. The company has a debt-to-equity ratio of 3.35, a current ratio of 1.25 and a quick ratio of 0.77. The stock has a market capitalization of $1.96 billion, a P/E ratio of -15.32, a P/E/G ratio of 0.67 and a beta of 0.78. O-I Glass has a fifty-two week low of $9.23 and a fifty-two week high of $16.91. The business has a 50-day moving average of $15.27 and a 200-day moving average of $13.79.

O-I Glass (NYSE:OI) last released its earnings results on Tuesday, February 10th. The industrial products company reported $0.20 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.19 by $0.01. O-I Glass had a positive return on equity of 18.07% and a negative net margin of 2.01%.The firm had revenue of $1.50 billion during the quarter, compared to analysts’ expectations of $1.52 billion. During the same quarter in the prior year, the company earned ($0.05) EPS. The company’s revenue was down 1.9% on a year-over-year basis.

Institutional Investors Weigh In On O-I Glass

A number of institutional investors and hedge funds have recently modified their holdings of the company. Villanova Investment Management Co LLC grew its holdings in O-I Glass by 14.2% during the fourth quarter. Villanova Investment Management Co LLC now owns 190,329 shares of the industrial products company’s stock worth $2,809,000 after purchasing an additional 23,716 shares during the period. Virtu Financial LLC acquired a new stake in shares of O-I Glass in the fourth quarter valued at approximately $228,000. Invesco Ltd. boosted its stake in shares of O-I Glass by 18.7% during the 4th quarter. Invesco Ltd. now owns 1,269,236 shares of the industrial products company’s stock worth $18,734,000 after acquiring an additional 199,938 shares during the period. Corient Private Wealth LLC increased its holdings in shares of O-I Glass by 6.0% during the 4th quarter. Corient Private Wealth LLC now owns 18,694 shares of the industrial products company’s stock worth $277,000 after acquiring an additional 1,062 shares during the last quarter. Finally, XTX Topco Ltd increased its holdings in shares of O-I Glass by 22.5% during the 4th quarter. XTX Topco Ltd now owns 24,095 shares of the industrial products company’s stock worth $356,000 after acquiring an additional 4,425 shares during the last quarter. 97.24% of the stock is owned by institutional investors.

More O-I Glass News

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

• Positive Sentiment: Management presented its shareholder‑value plan at the BofA Securities Global Agriculture & Materials conference, emphasizing competitiveness, disciplined cost transformation and profitable growth — a roadmap that could support medium‑term margin and cash‑flow improvement. O-I to Present at BofA Securities 2026 Global Agriculture and Materials Conference
• Positive Sentiment: Zacks raised some quarterly and longer‑term estimates (notably Q3/Q4 tweaks and a FY2028 view) — suggesting some analysts see earnings power improving over the next 12–24 months. Zacks Research estimate updates (via MarketBeat)
• Neutral Sentiment: The company published a full conference transcript and slideshow; these provide more detail on execution priorities but did not include new guidance or material surprises that would clearly reverse today’s selloff. O-I Glass, Inc. (OI) Presents at Bank of America 2026 Global Agriculture and Materials Conference Transcript Slideshow
• Neutral Sentiment: Brokerage consensus remains mixed-to-favorable (a “Moderate Buy” consensus was reported), indicating some buy‑side interest despite near‑term weakness. O-I Glass Receives Consensus Rating of “Moderate Buy”
• Negative Sentiment: Zacks lowered its FY2027 and Q2 2027 EPS projections (while tweaking other quarters), trimming near‑term earnings expectations — a direct negative for sentiment and a likely driver of today’s selling pressure. Zacks Research cuts FY2027/Q2 estimates (via MarketBeat)
• Negative Sentiment: Recent quarterly results showed a slight revenue shortfall and negative net margin, underscoring that recovery hinges on execution of cost and pricing actions — investors may be discounting execution risk given O‑I’s elevated leverage. Recent earnings summary (via MarketBeat)

O-I Glass Company Profile

O-I Glass, Inc is a leading global manufacturer of glass containers, supplying the food and beverage, wine and spirits, pharmaceutical, cosmetic and personal care industries. Headquartered in Perrysburg, Ohio, the company produces a broad range of glass packaging solutions, including bottles and jars, designed to meet customer specifications for size, shape, color and performance. O-I leverages proprietary technologies in forming, decoration and quality control to serve both mass-market and premium brands.

Tracing its origins to the early 20th century through the merger of prominent regional glassmakers, the company adopted the Owens-Illinois name in 1929 before rebranding as O-I Glass in 2015.