What is Zacks Research’s Estimate for O-I Glass Q1 Earnings?

O-I Glass, Inc. (NYSE:OI) – Investment analysts at Zacks Research boosted their Q1 2026 earnings estimates for shares of O-I Glass in a research note issued to investors on Wednesday, February 4th. Zacks Research analyst Team now anticipates that the industrial products company will post earnings per share of $0.43 for the quarter, up from their previous forecast of $0.37. 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’ FY2026 earnings at $1.94 EPS and Q1 2027 earnings at $0.61 EPS.

A number of other brokerages have also recently commented on OI. Bank of America raised O-I Glass from a “neutral” rating to a “buy” rating and lifted their price target for the stock from $14.00 to $17.00 in a research report on Monday, November 17th. Truist Financial lifted their target price on O-I Glass from $17.00 to $21.00 and gave the stock a “buy” rating in a report on Tuesday, January 6th. Weiss Ratings reiterated a “sell (d-)” rating on shares of O-I Glass in a report on Thursday, January 22nd. Wells Fargo & Company raised shares of O-I Glass from an “equal weight” rating to an “overweight” rating and raised their price target for the stock from $15.00 to $18.00 in a research report on Tuesday, January 6th. Finally, Citigroup upped their price objective on shares of O-I Glass from $14.00 to $17.00 and gave the company a “neutral” rating in a report on Tuesday, January 6th. One equities research analyst has rated the stock with a Strong Buy rating, five have given a Buy rating, three have given a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat, O-I Glass presently has a consensus rating of “Moderate Buy” and a consensus target price of $17.88.

O-I Glass Price Performance

Shares of OI opened at $16.64 on Thursday. 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 company’s fifty day moving average price is $15.13 and its 200-day moving average price is $13.66. O-I Glass has a 1-year low of $9.23 and a 1-year high of $16.70. The firm has a market capitalization of $2.56 billion, a PE ratio of -17.70, a price-to-earnings-growth ratio of 0.20 and a beta of 0.78.

O-I Glass (NYSE:OI) last issued its quarterly earnings results on Tuesday, November 4th. The industrial products company reported $0.48 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.44 by $0.04. The business had revenue of $1.65 billion for the quarter, compared to analyst estimates of $1.66 billion. O-I Glass had a negative net margin of 2.26% and a positive return on equity of 16.02%. O-I Glass’s revenue for the quarter was down 1.5% compared to the same quarter last year. During the same quarter in the prior year, the business posted ($0.04) EPS.

Institutional Investors Weigh In On O-I Glass

Hedge funds and other institutional investors have recently made changes to their positions in the company. EverSource Wealth Advisors LLC lifted its stake in shares of O-I Glass by 493.7% in the 4th quarter. EverSource Wealth Advisors LLC now owns 8,543 shares of the industrial products company’s stock valued at $126,000 after purchasing an additional 7,104 shares during the period. LSV Asset Management increased its holdings in O-I Glass by 12.4% in the fourth quarter. LSV Asset Management now owns 1,801,844 shares of the industrial products company’s stock valued at $26,595,000 after buying an additional 199,366 shares in the last quarter. FourThought Financial Partners LLC acquired a new position in shares of O-I Glass in the fourth quarter worth about $213,000. Global Retirement Partners LLC purchased a new stake in shares of O-I Glass during the 4th quarter worth about $67,000. Finally, PNC Financial Services Group Inc. boosted its stake in shares of O-I Glass by 1.9% during the 4th quarter. PNC Financial Services Group Inc. now owns 37,828 shares of the industrial products company’s stock worth $558,000 after acquiring an additional 701 shares in the last quarter. Institutional investors and hedge funds own 97.24% of the company’s stock.

Key O-I Glass News

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

• Positive Sentiment: Large bullish options flow — traders bought 2,354 call options (a ~3,039% jump vs. average), indicating speculative or hedged bullish interest that can support near‑term buying pressure. Options Activity
• Positive Sentiment: Zacks raised some forward estimates — they lifted FY2026 EPS to $1.94 (from $1.90) and increased Q1 2026 and Q1 2027 forecasts, which is a modest positive signal for full‑year outlook expectations. Zacks still rates OI a “Hold.” Zacks Estimates Raised
• Neutral Sentiment: Analyst rating unchanged — Zacks retains a “Hold” on OI, so the firm’s revisions reflect model tweaks rather than a change in conviction; that mutes the long‑term signal from the note. Zacks Hold Rating
• Negative Sentiment: Small cuts to near‑term quarterly EPS — Zacks trimmed Q2 2026 (to $0.55 from $0.56), Q3 2026 (to $0.60 from $0.61) and Q2 2027 (to $0.64 from $0.65). These modest downgrades could pressure expectations for upcoming quarters. Zacks Estimates Cut

About O-I Glass

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.