O-I Glass, Inc. (NYSE:OI) Stock Has Average Target Price of $8.81 According to Analysts

Shares of O-I Glass, Inc. (NYSE:OI) have received an average rating of “Hold” from the nine ratings firms that are covering the stock, Marketbeat reports. Two equities research analysts have rated the stock with a sell rating, four have issued a hold rating and three have assigned a buy rating to the company. The average twelve-month target price among brokerages that have covered the stock in the last year is $8.81.

OI has been the topic of a number of recent research reports. UBS Group cut shares of O-I Glass from a “buy” rating to a “neutral” rating and reduced their target price for the stock from $11.00 to $6.00 in a research report on Monday, October 5th. Bank of America downgraded shares of O-I Glass from a “buy” rating to an “underperform” rating and set a $11.00 target price for the company. in a research note on Tuesday, July 14th. Royal Bank Of Canada lowered their price target on shares of O-I Glass from $8.00 to $7.00 and set a “sector perform” rating for the company in a report on Tuesday, October 13th. BNP Paribas Exane downgraded shares of O-I Glass from an “outperform” rating to a “neutral” rating and set a $8.50 price target on the stock. in a research note on Thursday, July 30th. Finally, Robert W. Baird set a $13.00 price target on shares of O-I Glass in a research note on Thursday, July 30th.

O-I Glass News Summary

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

• Negative Sentiment: The lawsuit covers investors who purchased O-I Glass shares from March 14, 2025, through July 28, 2026, and alleges securities-law violations. Investors seeking lead-plaintiff appointment must act by December 28, 2026. The case could bring legal costs and reputational risk, but the announcements do not establish the allegations as fact. Article: Rosen Law Firm deadline notice

Institutional Trading of O-I Glass

Several large investors have recently modified their holdings of the business. Russell Investments Group Ltd. boosted its stake in O-I Glass by 95.0% during the 3rd quarter. Russell Investments Group Ltd. now owns 1,790,066 shares of the industrial products company’s stock valued at $10,114,000 after acquiring an additional 871,954 shares during the last quarter. R Squared Ltd acquired a new position in O-I Glass during the 3rd quarter worth $63,000. Maryland State Retirement & Pension System increased its position in shares of O-I Glass by 54.7% in the 3rd quarter. Maryland State Retirement & Pension System now owns 34,645 shares of the industrial products company’s stock worth $196,000 after purchasing an additional 12,257 shares during the last quarter. Private Management Group Inc. increased its position in shares of O-I Glass by 33.8% in the 3rd quarter. Private Management Group Inc. now owns 4,125,555 shares of the industrial products company’s stock worth $23,309,000 after purchasing an additional 1,041,862 shares during the last quarter. Finally, Fulcrum Asset Management LLP raised its stake in shares of O-I Glass by 10,926.9% in the 3rd quarter. Fulcrum Asset Management LLP now owns 22,936 shares of the industrial products company’s stock valued at $129,000 after purchasing an additional 22,728 shares in the last quarter. 97.24% of the stock is currently owned by institutional investors and hedge funds.

O-I Glass Stock Performance

Shares of NYSE:OI opened at $5.14 on Friday. The company has a market cap of $792.04 million, a P/E ratio of -0.66, a PEG ratio of 12.35 and a beta of 0.75. The company has a debt-to-equity ratio of 8.84, a quick ratio of 0.80 and a current ratio of 1.28. O-I Glass has a one year low of $4.84 and a one year high of $16.91. The business’s 50-day simple moving average is $6.08 and its 200 day simple moving average is $9.28.

O-I Glass (NYSE:OI) last released its quarterly earnings results on Tuesday, October 27th. The industrial products company reported ($0.09) EPS for the quarter, missing the consensus estimate of $0.16 by ($0.25). The company had revenue of $1.62 billion for the quarter, compared to analyst estimates of $1.64 billion. O-I Glass had a positive return on equity of 3.74% and a negative net margin of 18.89%. The business’s revenue was down 1.8% on a year-over-year basis. During the same period last year, the firm posted $0.48 earnings per share. On average, sell-side analysts forecast that O-I Glass will post 0.06 earnings per share for the current fiscal year.

O-I Glass Company Profile

O-I Glass, Inc is a global manufacturer of glass packaging products. The company produces glass bottles and jars primarily for the food, beverage, beer, wine, spirits, and pharmaceutical industries, serving brand owners and consumer-products companies.

Its products are designed to provide packaging, preservation, and presentation for a range of consumer goods. O-I also offers glass packaging in various shapes, sizes, and colors, including custom solutions developed for individual brands.

The company traces its history to the Owens Bottle Company, founded in 1903, and the Illinois Glass Company.