Zacks Research Has Pessimistic View of O-I Glass Q1 Earnings

O-I Glass, Inc. (NYSE:OI) – Equities research analysts at Zacks Research decreased their Q1 2026 earnings estimates for shares of O-I Glass in a research note issued on Tuesday, February 24th. Zacks Research analyst Team now forecasts 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 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.

Other equities analysts also recently issued reports about the stock. Citigroup decreased their price target on shares of O-I Glass from $17.00 to $16.00 and set a “neutral” rating for the company in a research note on Thursday, February 12th. Wells Fargo & Company upgraded O-I Glass from an “equal weight” rating to an “overweight” rating and upped their target price for the stock from $15.00 to $18.00 in a report on Tuesday, January 6th. UBS Group restated a “buy” rating and issued a $21.00 target price on shares of O-I Glass in a research note on Thursday, February 12th. Bank of America upgraded O-I Glass from a “neutral” rating to a “buy” rating and lifted their price target for the company from $14.00 to $17.00 in a research report on Monday, November 17th. Finally, Weiss Ratings reaffirmed a “sell (d-)” rating on shares of O-I Glass in a research note on Thursday, January 22nd. One research analyst has rated the stock with a Strong Buy rating, five have assigned a Buy rating, three have issued a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus price target of $18.11.

O-I Glass Stock Up 2.2%

Shares of NYSE OI opened at $13.41 on Thursday. The firm has a fifty day simple moving average of $15.21 and a two-hundred day simple moving average of $13.78. O-I Glass has a 12 month low of $9.23 and a 12 month high of $16.91. The company has a current ratio of 1.25, a quick ratio of 0.77 and a debt-to-equity ratio of 3.35. The firm has a market capitalization of $2.04 billion, a PE ratio of -15.96, a price-to-earnings-growth ratio of 0.61 and a beta of 0.78.

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

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently made changes to their positions in the company. Vanguard Group Inc. raised its holdings in O-I Glass by 3.7% in the 3rd quarter. Vanguard Group Inc. now owns 19,349,218 shares of the industrial products company’s stock worth $250,959,000 after acquiring an additional 691,989 shares during the last quarter. Dimensional Fund Advisors LP increased its holdings in shares of O-I Glass by 3.4% in the 4th quarter. Dimensional Fund Advisors LP now owns 8,509,444 shares of the industrial products company’s stock worth $125,600,000 after purchasing an additional 277,205 shares in the last quarter. Alliancebernstein L.P. raised its stake in shares of O-I Glass by 0.7% in the third quarter. Alliancebernstein L.P. now owns 7,996,786 shares of the industrial products company’s stock worth $103,718,000 after purchasing an additional 56,945 shares during the last quarter. Geode Capital Management LLC lifted its holdings in shares of O-I Glass by 0.6% during the fourth quarter. Geode Capital Management LLC now owns 3,783,387 shares of the industrial products company’s stock valued at $55,852,000 after purchasing an additional 22,430 shares in the last quarter. Finally, Arrowstreet Capital Limited Partnership boosted its position in shares of O-I Glass by 288.7% during the fourth quarter. Arrowstreet Capital Limited Partnership now owns 3,215,632 shares of the industrial products company’s stock valued at $47,463,000 after buying an additional 2,388,299 shares during the last quarter. Institutional investors own 97.24% of the company’s stock.

Trending Headlines about O-I Glass

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

• Positive Sentiment: RBC kept an “outperform” rating while trimming its price target from $19 to $18 — the note still implies ~30%+ upside from current levels, which can support buying interest. Benzinga: RBC lowers PT to $18
• Positive Sentiment: Zacks Research raised a few near‑quarter estimates (Q2 2026 to $0.56 from $0.55; Q3 2026 to $0.62 from $0.60), signaling some resilience in mid‑2026 margins. What is Zacks Research’s Forecast for O-I Glass Q2 Earnings?
• Neutral Sentiment: Zacks’ coverage is mixed overall — the firm remains at a “Hold” rating while publishing multiple revision items across quarters; investors must weigh the upgrades against the cuts below. What is Zacks Research’s Forecast for O-I Glass Q2 Earnings?
• Negative Sentiment: MarketWatch and other outlets report near‑term EPS pressure and that shares have moved lower following earnings/guide-related concerns — this headline-driven selling is a primary reason for the stock’s weakness. O-I Glass Shares Fall on 1Q EPS Pressure
• Negative Sentiment: Zacks cut several key estimates: notable reductions for Q1 (e.g., Q1 2026 down to $0.26 from $0.43), Q4 2026, Q1 2027 (to $0.46 from $0.61) and FY2026 (to $1.76 from $1.94) — these downward revisions apply pressure to valuation and near‑term sentiment. What is Zacks Research’s Forecast for O-I Glass Q2 Earnings?
• Negative Sentiment: Coverage pieces flagged a gap‑down and slide in the NYSE composite after the earnings/analyst moves, amplifying volatility and downside liquidity risk. O-I Glass Shares Gap Down on Earnings O-I Glass Slides on RBC Target Cut

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.