Investment analysts at Zacks Research have increased their earnings per share (EPS) estimates for O-I Glass, Inc. for the second quarter of 2026. In a report issued on January 6, 2026, the firm now anticipates the industrial products company will report EPS of $0.56, up from their previous forecast of $0.55. Zacks Research currently holds a “Strong-Buy” rating on O-I Glass shares.
The consensus estimate for O-I Glass’s full-year earnings stands at $1.33 per share. Zacks’ report also provided projections for the company’s third-quarter earnings, estimating EPS at $0.61, and for the full fiscal year 2026, forecasting earnings of $1.90 per share.
Several other equity analysts have recently adjusted their ratings and price targets for O-I Glass. Truist Financial raised its price target from $17.00 to $21.00 while maintaining a “buy” rating. Similarly, Wells Fargo & Company upgraded its rating from “equal weight” to “overweight” and increased its target price from $15.00 to $18.00. Additionally, Bank of America lifted its rating from “neutral” to “buy,” raising its price target from $14.00 to $17.00 in a report dated November 17, 2025.
On the other hand, Wall Street Zen downgraded O-I Glass from a “strong-buy” rating to a “buy” rating in a note released on December 28, 2025. Weiss Ratings maintained a “sell (d-)” rating as of October 8, 2025. According to data from MarketBeat, O-I Glass currently has a consensus rating of “Moderate Buy” with a target price averaging $17.56.
Current Stock Performance and Financial Overview
O-I Glass shares opened at $15.49 on Thursday, reflecting a 1% increase. The stock has seen a 12-month low of $9.23 and a high of $16.04. The company’s moving averages stand at $14.06 for the last 50 days and $13.60 for the last 200 days. The firm has a debt-to-equity ratio of 3.36, a current ratio of 1.33, and a quick ratio of 0.84. O-I Glass boasts a market capitalization of $2.38 billion and a price-to-earnings ratio of -16.47.
In its last quarterly earnings report, released on March 1, 2025, O-I Glass reported EPS of $0.36. The company achieved a positive return on equity of 16.02% but noted a negative net margin of 2.26%. Revenue for that quarter was reported at $1.59 billion. The company has set guidance for FY 2025 earnings between $1.550 and $1.650 EPS.
Institutional Investment Activity
Recent trading activity has seen a number of institutional investors and hedge funds adjusting their positions in O-I Glass. Headlands Technologies LLC acquired a new position valued at approximately $29,000 in the second quarter. Smartleaf Asset Management LLC boosted its stake by 64.1%, now owning 2,350 shares worth around $35,000 after acquiring an additional 918 shares.
Other notable transactions include the State of Wyoming acquiring a stake valued at $35,000, and GAMMA Investing LLC increasing its stake by 31.7%, holding 3,403 shares valued at approximately $50,000. Finally, Neo Ivy Capital Management entered the market with a new position valued at $51,000. Currently, institutional investors own approximately 97.24% of O-I Glass’s stock.
O-I Glass, headquartered in Perrysburg, Ohio, is a recognized leader in manufacturing glass containers. The company serves various sectors, including food and beverage, wine and spirits, pharmaceuticals, as well as cosmetic and personal care industries. O-I Glass produces a wide range of glass packaging solutions tailored to meet specific customer requirements. The company has a rich history that dates back to the early 20th century, adopting the name Owens-Illinois in 1929 and rebranding as O-I Glass in 2015.
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