O-I Glass, Inc. (NYSE:OI) Receives Average Rating of “Hold” from Brokerages

O-I Glass, Inc. (NYSE:OI) has been given an average recommendation of “Hold” by the nine analysts that are currently covering the stock, MarketBeat reports. Two research analysts have rated the stock with a sell rating, three have issued a hold rating and four have issued a buy rating on the company. The average 1 year price target among brokerages that have issued a report on the stock in the last year is $10.8125.

A number of research firms have recently commented on OI. Citigroup dropped their price objective on O-I Glass from $12.00 to $10.00 and set a “neutral” rating on the stock in a research note on Monday, May 4th. Robert W. Baird set a $13.00 target price on O-I Glass in a research note on Thursday. Wells Fargo & Company lowered their target price on O-I Glass from $13.00 to $12.00 and set an “overweight” rating on the stock in a report on Wednesday, July 15th. Royal Bank Of Canada dropped their price target on shares of O-I Glass from $14.00 to $11.00 and set an “outperform” rating on the stock in a research report on Thursday, July 9th. Finally, Weiss Ratings raised shares of O-I Glass from a “sell (e+)” rating to a “sell (d-)” rating in a report on Wednesday, July 15th.

O-I Glass Price Performance

NYSE OI opened at $7.37 on Friday. O-I Glass has a 12 month low of $7.19 and a 12 month high of $16.91. The company has a debt-to-equity ratio of 8.89, a current ratio of 1.26 and a quick ratio of 0.73. The firm has a market capitalization of $1.13 billion, a PE ratio of -0.98, a P/E/G ratio of 0.93 and a beta of 0.62. The company’s 50 day simple moving average is $9.01 and its 200 day simple moving average is $11.08.

O-I Glass (NYSE:OI) last announced its earnings results on Tuesday, July 28th. The industrial products company reported $0.09 EPS for the quarter, missing the consensus estimate of $0.24 by ($0.15). The firm had revenue of $1.67 billion for the quarter, compared to the consensus estimate of $1.68 billion. O-I Glass had a positive return on equity of 10.40% and a negative net margin of 18.13%.O-I Glass’s revenue for the quarter was down 2.2% on a year-over-year basis. During the same period in the previous year, the firm earned $0.53 EPS. As a group, equities research analysts forecast that O-I Glass will post 1.14 EPS for the current fiscal year.

Insider Buying and Selling

In other O-I Glass news, SVP Randolph L. Burns bought 11,000 shares of O-I Glass stock in a transaction that occurred on Friday, May 8th. The stock was purchased at an average cost of $9.32 per share, for a total transaction of $102,520.00. Following the completion of the acquisition, the senior vice president owned 133,932 shares of the company’s stock, valued at approximately $1,248,246.24. This represents a 8.95% increase in their position. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Also, SVP Darrow A. Abrahams purchased 2,774 shares of the firm’s stock in a transaction on Monday, May 11th. The stock was acquired at an average price of $9.04 per share, for a total transaction of $25,076.96. Following the transaction, the senior vice president owned 235,928 shares of the company’s stock, valued at $2,132,789.12. The trade was a 1.19% increase in their position. Additional details regarding this purchase are available in the official SEC disclosure. Insiders have acquired 17,083 shares of company stock worth $157,312 in the last ninety days. 1.00% of the stock is currently owned by corporate insiders.

Institutional Inflows and Outflows

Institutional investors have recently modified their holdings of the stock. Farther Finance Advisors LLC boosted its stake in shares of O-I Glass by 87.6% during the 4th quarter. Farther Finance Advisors LLC now owns 1,778 shares of the industrial products company’s stock worth $26,000 after acquiring an additional 830 shares in the last quarter. Headlands Technologies LLC acquired a new stake in shares of O-I Glass during the second quarter worth $29,000. Quarry LP acquired a new stake in shares of O-I Glass during the fourth quarter worth $32,000. Caitong International Asset Management Co. Ltd lifted its holdings in shares of O-I Glass by 36,533.3% during the fourth quarter. Caitong International Asset Management Co. Ltd now owns 2,198 shares of the industrial products company’s stock valued at $32,000 after purchasing an additional 2,192 shares during the last quarter. Finally, State of Wyoming purchased a new stake in shares of O-I Glass during the second quarter valued at $35,000. Institutional investors own 97.24% of the company’s stock.

More O-I Glass News

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

• Positive Sentiment: UBS lowered its price target from $15 to $11 but retained a Buy rating, implying substantial potential upside from current levels. Benzinga article
• Positive Sentiment: Management highlighted strategic wins during the second-quarter earnings call, which could support longer-term growth if execution improves, despite near-term weakness in Europe. O-I Glass Q2 2026 earnings call highlights
• Neutral Sentiment: Truist also maintained a Buy rating while cutting its price target from $13 to $10, reflecting analysts’ continued confidence in the valuation but reduced near-term earnings expectations. Benzinga article
• Neutral Sentiment: Some coverage argues that O-I Glass now trades at a discounted valuation after a substantial decline, though the investment case depends on a recovery in operating performance. O-I Glass valuation analysis
• Negative Sentiment: O-I Glass recorded an $873 million goodwill impairment, producing a large second-quarter net loss and raising concerns about the value of prior acquisitions and the company’s outlook. O-I Glass goodwill impairment report
• Negative Sentiment: Adjusted earnings per share came in at $0.09 versus analysts’ $0.24 consensus, while revenue declined 2.2% year over year to $1.67 billion. Weak European demand was identified as a key driver of the miss. O-I Glass earnings miss report
• Negative Sentiment: The company cut full-year guidance for the second consecutive quarter, prompting an investor investigation notice and further undermining confidence in management’s forecasts. O-I Glass investigation notice

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.