O-I Glass (NYSE:OI) Given New $11.00 Price Target at UBS Group

O-I Glass (NYSE:OI) had its target price reduced by stock analysts at UBS Group from $15.00 to $11.00 in a note issued to investors on Thursday,Benzinga reports. The brokerage currently has a “buy” rating on the industrial products company’s stock. UBS Group’s price target suggests a potential upside of 49.36% from the stock’s current price.

Other research analysts also recently issued reports about the company. Citigroup cut their price objective on O-I Glass from $12.00 to $10.00 and set a “neutral” rating for the company in a research report on Monday, May 4th. BNP Paribas Exane cut O-I Glass from an “outperform” rating to a “neutral” rating and set a $8.50 target price on the stock. in a report on Thursday. Royal Bank Of Canada dropped their price target on O-I Glass from $14.00 to $11.00 and set an “outperform” rating for the company in a research report on Thursday, July 9th. Truist Financial cut their price target on O-I Glass from $13.00 to $10.00 and set a “buy” rating for the company in a report on Thursday. Finally, Zacks Research upgraded O-I Glass from a “strong sell” rating to a “hold” rating in a research report on Monday, July 13th. Four investment analysts have rated the stock with a Buy rating, three have issued a Hold rating and two have issued a Sell rating to the stock. Based on data from MarketBeat.com, O-I Glass currently has an average rating of “Hold” and an average price target of $10.81.

O-I Glass Price Performance

NYSE:OI traded down $0.34 during mid-day trading on Thursday, hitting $7.37. 4,180,544 shares of the company’s stock traded hands, compared to its average volume of 2,663,375. The company has a debt-to-equity ratio of 3.35, a quick ratio of 0.73 and a current ratio of 1.26. The firm’s 50 day simple moving average is $9.05 and its 200 day simple moving average is $11.13. O-I Glass has a 1 year low of $7.19 and a 1 year high of $16.91. The company has a market cap of $1.13 billion, a PE ratio of -0.98, a price-to-earnings-growth ratio of 1.09 and a beta of 0.62.

O-I Glass (NYSE:OI) last announced its quarterly earnings results on Tuesday, July 28th. The industrial products company reported $0.09 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.24 by ($0.15). The business had revenue of $1.67 billion during the quarter, compared to analysts’ expectations of $1.68 billion. O-I Glass had a negative net margin of 18.13% and a positive return on equity of 8.76%. The firm’s revenue for the quarter was down 2.2% on a year-over-year basis. During the same period last year, the company earned $0.53 EPS. Sell-side analysts expect that O-I Glass will post 1.14 EPS for the current year.

Insider Activity at O-I Glass

In other news, SVP Eduardo Restrepo bought 3,309 shares of the firm’s stock in a transaction that occurred on Thursday, May 14th. The shares were purchased at an average price of $8.98 per share, for a total transaction of $29,714.82. Following the completion of the transaction, the senior vice president owned 94,199 shares in the company, valued at $845,907.02. The trade was a 3.64% increase in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Also, SVP Darrow A. Abrahams bought 2,774 shares of the stock in a transaction on Monday, May 11th. The stock was purchased at an average cost of $9.04 per share, with a total value of $25,076.96. Following the completion of the purchase, the senior vice president directly owned 235,928 shares in the company, valued at $2,132,789.12. This trade represents a 1.19% increase in their position. The disclosure for this purchase is available in the SEC filing. Over the last 90 days, insiders have bought 17,083 shares of company stock valued at $157,312. Company insiders own 1.00% of the company’s stock.

Institutional Investors Weigh In On O-I Glass

Several hedge funds have recently made changes to their positions in the business. Farther Finance Advisors LLC grew its position in shares of O-I Glass by 87.6% in the fourth quarter. Farther Finance Advisors LLC now owns 1,778 shares of the industrial products company’s stock valued at $26,000 after purchasing an additional 830 shares during the period. Headlands Technologies LLC acquired a new position in O-I Glass in the second quarter valued at $29,000. Quarry LP purchased a new position in O-I Glass during the fourth quarter worth about $32,000. Caitong International Asset Management Co. Ltd lifted its position in 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 worth $32,000 after buying an additional 2,192 shares during the period. Finally, State of Wyoming acquired a new stake in O-I Glass in the 2nd quarter worth about $35,000. Institutional investors and hedge funds 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: Truist Financial lowered its price target from $13 to $10 but maintained a Buy rating, implying substantial upside from recent levels. The reduced target reflects a more cautious outlook rather than a complete loss of confidence in O-I’s recovery potential. Benzinga analyst price target report
• Positive Sentiment: Management highlighted strategic wins and ongoing efforts to improve the business, including its focus on sustainable glass packaging and customer relationships. These factors could support longer-term recovery if demand and regional execution improve. O-I Glass Q2 2026 earnings call highlights
• Neutral Sentiment: Some investors view O-I Glass as trading at a deep discount following its sharp decline. However, the valuation case depends on the company stabilizing earnings, reducing leverage and restoring investor confidence. O-I Glass stock valuation analysis
• Negative Sentiment: Second-quarter adjusted earnings were $0.09 per share, well below the roughly $0.22–$0.24 analyst consensus and down from $0.53 a year earlier. Revenue of $1.67 billion was slightly below expectations and declined 2.2% year over year. O-I Glass Q2 earnings miss
• Negative Sentiment: Weakness in Europe was identified as a key driver of the earnings shortfall. O-I also cut full-year guidance for the second consecutive quarter, after previously guiding to 2026 adjusted EBITDA of $1.25 billion to $1.30 billion. The repeated guidance reductions raise concerns about demand, profitability and execution. O-I Glass Europe weakness and earnings miss
• Negative Sentiment: Reports also point to a goodwill-related charge and a loss for the quarter, adding pressure to already weak profitability. O-I’s high debt burden further increases the sensitivity of its equity valuation to any deterioration in cash flow. O-I Glass valuation analysis following Q2 results
• Negative Sentiment: Levi & Korsinsky announced a pending investigation into O-I Glass following the guidance cuts and the sharp selloff, creating an additional headline and potential litigation risk for shareholders. O-I Glass investigation notice

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.