O-I Glass (NYSE:OI) Stock Rating Upgraded by BNP Paribas Exane

O-I Glass (NYSE:OI) was upgraded by stock analysts at BNP Paribas Exane to a “hold” rating in a report issued on Thursday,Zacks.com reports.

Several other equities research analysts have also recently commented on OI. UBS Group cut their price target on shares of O-I Glass from $15.00 to $11.00 and set a “buy” rating on the stock in a research report on Thursday. Weiss Ratings raised O-I Glass from a “sell (e+)” rating to a “sell (d-)” rating in a research report on Wednesday, July 15th. Truist Financial lowered their price target on O-I Glass from $13.00 to $10.00 and set a “buy” rating on the stock in a research report on Thursday. Zacks Research upgraded O-I Glass from a “strong sell” rating to a “hold” rating in a research note on Monday, July 13th. Finally, Royal Bank Of Canada cut their price objective on O-I Glass from $14.00 to $11.00 and set an “outperform” rating for the company in a report on Thursday, July 9th. Four investment analysts have rated the stock with a Buy rating, three have assigned a Hold rating and two have assigned a Sell rating to the company’s stock. According to data from MarketBeat, the stock currently has a consensus rating of “Hold” and a consensus price target of $10.81.

O-I Glass Stock Performance

Shares of O-I Glass stock opened at $7.37 on Thursday. 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 cap of $1.13 billion, a price-to-earnings ratio of -0.98, a price-to-earnings-growth ratio of 0.93 and a beta of 0.62. The stock’s 50-day moving average is $9.01 and its 200-day moving average is $11.08. O-I Glass has a one year low of $7.19 and a one year high of $16.91.

O-I Glass (NYSE:OI) last announced its earnings results on Tuesday, July 28th. The industrial products company reported $0.09 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.24 by ($0.15). The firm had revenue of $1.67 billion during the quarter, compared to analyst estimates of $1.68 billion. O-I Glass had a negative net margin of 18.13% and a positive return on equity of 10.40%. The firm’s quarterly revenue was down 2.2% compared to the same quarter last year. During the same period in the prior year, the business posted $0.53 EPS. Equities analysts predict that O-I Glass will post 1.14 earnings per share for the current fiscal year.

Insiders Place Their Bets

In related news, SVP Darrow A. Abrahams bought 2,774 shares of O-I Glass stock in a transaction that occurred on Monday, May 11th. The stock was acquired at an average price of $9.04 per share, with a total value of $25,076.96. Following the acquisition, the senior vice president owned 235,928 shares of the company’s stock, valued at approximately $2,132,789.12. This represents a 1.19% increase in their position. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, SVP Eduardo Restrepo purchased 3,309 shares of the firm’s stock in a transaction that occurred on Thursday, May 14th. The stock was bought at an average price of $8.98 per share, for a total transaction of $29,714.82. Following the purchase, 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 position. The SEC filing for this purchase provides additional information. Insiders purchased a total of 17,083 shares of company stock valued at $157,312 over the last ninety days. 1.00% of the stock is currently owned by company insiders.

Institutional Investors Weigh In On O-I Glass

A number of institutional investors have recently made changes to their positions in the company. Alliancebernstein L.P. increased its stake in shares of O-I Glass by 194.6% during the second quarter. Alliancebernstein L.P. now owns 7,939,841 shares of the industrial products company’s stock worth $117,033,000 after purchasing an additional 5,244,440 shares during the period. Cooper Creek Partners Management LLC lifted its holdings in shares of O-I Glass by 73.8% during the first quarter. Cooper Creek Partners Management LLC now owns 7,006,293 shares of the industrial products company’s stock worth $73,636,000 after buying an additional 2,975,181 shares in the last quarter. Wellington Management Group LLP bought a new stake in shares of O-I Glass in the fourth quarter valued at about $40,090,000. Arrowstreet Capital Limited Partnership boosted its position in shares of O-I Glass by 288.7% in 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 acquiring an additional 2,388,299 shares during the period. Finally, Brandywine Global Investment Management LLC bought a new stake in shares of O-I Glass in the fourth quarter valued at about $25,064,000. 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: 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.