What is Zacks Research’s Estimate for O-I Glass Q2 Earnings?

O-I Glass, Inc. (NYSE:OI) – Investment analysts at Zacks Research lifted their Q2 2026 earnings per share (EPS) estimates for O-I Glass in a research report issued on Tuesday, January 6th. Zacks Research analyst Team now anticipates that the industrial products company will post earnings per share of $0.56 for the quarter, up from their prior forecast of $0.55. Zacks Research currently has a “Strong-Buy” 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’ Q3 2026 earnings at $0.61 EPS and FY2026 earnings at $1.90 EPS.

Other equities analysts also recently issued research reports about the stock. Truist Financial increased their price target on shares of O-I Glass from $17.00 to $21.00 and gave the stock a “buy” rating in a research note on Tuesday. Wells Fargo & Company upgraded O-I Glass from an “equal weight” rating to an “overweight” rating and boosted their target price for the stock from $15.00 to $18.00 in a report on Tuesday. Bank of America upgraded shares of O-I Glass from a “neutral” rating to a “buy” rating and raised their price target for the company from $14.00 to $17.00 in a report on Monday, November 17th. Wall Street Zen downgraded shares of O-I Glass from a “strong-buy” rating to a “buy” rating in a research note on Sunday, December 28th. Finally, Weiss Ratings restated a “sell (d-)” rating on shares of O-I Glass in a report on Wednesday, October 8th. Two analysts have rated the stock with a Strong Buy rating, six have issued a Buy rating, two have given a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat, O-I Glass currently has a consensus rating of “Moderate Buy” and a consensus target price of $17.56.

O-I Glass Stock Up 1.0%

OI opened at $15.49 on Thursday. O-I Glass has a 12 month low of $9.23 and a 12 month high of $16.04. The business has a 50-day moving average of $14.06 and a two-hundred day moving average of $13.60. The company has a debt-to-equity ratio of 3.36, a current ratio of 1.33 and a quick ratio of 0.84. The stock has a market capitalization of $2.38 billion, a price-to-earnings ratio of -16.47, a price-to-earnings-growth ratio of 0.19 and a beta of 0.77.

O-I Glass (NYSE:OI) last issued its quarterly earnings results on Wednesday, March 1st. The industrial products company reported $0.36 earnings per share for the quarter. O-I Glass had a positive return on equity of 16.02% and a negative net margin of 2.26%.The company had revenue of $1.59 billion during the quarter. O-I Glass has set its FY 2025 guidance at 1.550-1.650 EPS.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently bought and sold shares of the business. Headlands Technologies LLC acquired a new position in shares of O-I Glass in the 2nd quarter valued at approximately $29,000. Smartleaf Asset Management LLC increased its stake in shares of O-I Glass by 64.1% in the second quarter. Smartleaf Asset Management LLC now owns 2,350 shares of the industrial products company’s stock worth $35,000 after buying an additional 918 shares during the last quarter. State of Wyoming acquired a new stake in O-I Glass in the second quarter valued at $35,000. GAMMA Investing LLC boosted its stake in O-I Glass by 31.7% during the 2nd quarter. GAMMA Investing LLC now owns 3,403 shares of the industrial products company’s stock valued at $50,000 after acquiring an additional 820 shares during the last quarter. Finally, Neo Ivy Capital Management acquired a new position in O-I Glass during the 2nd quarter worth $51,000. Hedge funds and other institutional investors own 97.24% of the company’s stock.

O-I Glass News Summary

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

• Positive Sentiment: Truist raised its price target to $21, a clear bullish signal that can support continued buying interest. Truist Increases Price Target to $21
• Positive Sentiment: Zacks Research boosted near-term and full‑year 2026 EPS estimates (Q2, Q3 and FY2026 nudged up; FY2026 to ~$1.90) and maintains a “Strong‑Buy” view — revisions like these tend to lift sentiment and analyst-driven flows.
• Positive Sentiment: Coverage notes that O‑I recently hit fresh 52‑week / 1‑year highs after analyst upgrades, which can attract momentum and institutional attention. OI Hits Fresh High
• Positive Sentiment: Unusually large call option activity was reported (2,354 calls traded, a ~3,039% jump vs. typical volume), often interpreted as bullish speculative or hedging demand that can quicken short‑term upside.
• Neutral Sentiment: Analysts and outlets published takeaways on whether value or momentum investors should own OI, providing different frameworks for investors but not introducing new company data. Should Value Investors Buy OI Glass?
• Neutral Sentiment: Broader coverage listed OI among a handful of stocks trading near 52‑week highs — this is momentum context rather than company‑specific news. 4 Stocks Trading Near 52-Week High
• Negative Sentiment: Zacks trimmed its Q4 2026 EPS estimate modestly (from $0.38 to $0.36). It’s a small downtick but worth noting since it indicates some near‑term estimate volatility even as the firm remains constructive.

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.