Investment analysts at Zacks Research have revised their earnings per share (EPS) estimates for O-I Glass, Inc. (NYSE: OI) for the second quarter of 2026. In a report released on January 6, 2026, Zacks analysts now predict the industrial products company will report an EPS of $0.56, an increase from their previous forecast of $0.55. Zacks maintains a “Strong-Buy” rating for the stock, reflecting growing confidence in its financial performance.
For the current fiscal year, Zacks Research estimates an EPS of $1.33 for O-I Glass. Additionally, the firm has projected third-quarter earnings for 2026 at $0.61 and full-year earnings at $1.90.
Several other financial institutions have also weighed in on O-I Glass. Truist Financial increased its price target for the stock from $17.00 to $21.00, while maintaining a “buy” rating. Similarly, Wells Fargo & Company upgraded O-I Glass from “equal weight” to “overweight,” raising their target price from $15.00 to $18.00. On November 17, 2025, Bank of America adjusted its rating from “neutral” to “buy,” increasing the price target from $14.00 to $17.00.
Other recent analyses include a downgrade from Wall Street Zen, which shifted the stock’s rating from “strong-buy” to “buy,” and a “sell (d-)” rating from Weiss Ratings on October 8, 2025. In summary, O-I Glass has received two strong buy ratings, six buy ratings, two hold ratings, and one sell rating, leading to a consensus rating of “Moderate Buy” with an average target price of $17.56, according to data from MarketBeat.
Stock Performance and Financial Indicators
As of Thursday, O-I Glass shares opened at $15.49, reflecting a 1.0% increase. The stock has experienced a 12-month low of $9.23 and a high of $16.04. The company’s performance metrics illustrate a 50-day moving average of $14.06 and a 200-day moving average of $13.60.
O-I Glass has a market capitalization of $2.38 billion, a price-to-earnings ratio of -16.47, and a price-to-earnings-growth ratio of 0.19. The company reports a debt-to-equity ratio of 3.36, a current ratio of 1.33, and a quick ratio of 0.84.
The company last reported quarterly earnings on March 1, 2023, revealing an EPS of $0.36 for the quarter. O-I Glass demonstrated a positive return on equity of 16.02%, albeit with a negative net margin of 2.26%. The revenue for that quarter was reported at $1.59 billion, and the company has set its fiscal year 2025 guidance between $1.550 and $1.650 EPS.
Institutional Investment Trends
Recent movements among institutional investors indicate a strong interest in O-I Glass. Headlands Technologies LLC acquired a new position in the company valued at approximately $29,000 during the second quarter. Smartleaf Asset Management LLC increased its stake by 64.1%, now holding 2,350 shares worth $35,000 after purchasing an additional 918 shares.
Other notable transactions include GAMMA Investing LLC, which boosted its stake by 31.7%, now owning 3,403 shares valued at $50,000, and Neo Ivy Capital Management, which acquired a new position worth $51,000. Overall, institutional investors and hedge funds hold approximately 97.24% of O-I Glass’s stock.
O-I Glass, headquartered in Perrysburg, Ohio, is a leading global manufacturer of glass containers, serving various industries including food and beverage, pharmaceuticals, and cosmetics. The company specializes in creating glass packaging solutions tailored to specific customer requirements. Founded in the early 20th century, O-I Glass has evolved significantly, adopting its current name in 2015.
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