Q2 Earnings Forecast for O-I Glass Issued By Zacks Research

O-I Glass, Inc. (NYSE:OI) – Research analysts at Zacks Research reduced their Q2 2026 earnings per share (EPS) estimates for shares of O-I Glass in a report released on Wednesday, February 4th. Zacks Research analyst Team now expects that the industrial products company will post earnings of $0.55 per share for the quarter, down from their previous estimate of $0.56. 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’ Q3 2026 earnings at $0.60 EPS, Q4 2026 earnings at $0.37 EPS and Q2 2027 earnings at $0.64 EPS.

Other equities analysts also recently issued research reports about the stock. Wall Street Zen downgraded shares of O-I Glass from a “strong-buy” rating to a “buy” rating in a report on Sunday, December 28th. Bank of America raised shares of O-I Glass from a “neutral” rating to a “buy” rating and increased their target price for the company from $14.00 to $17.00 in a report on Monday, November 17th. Weiss Ratings reiterated a “sell (d-)” rating on shares of O-I Glass in a research report on Thursday, January 22nd. Royal Bank Of Canada reissued an “outperform” rating and set a $19.00 price target on shares of O-I Glass in a research note on Thursday, January 15th. Finally, Citigroup raised their price objective on O-I Glass from $14.00 to $17.00 and gave the company a “neutral” rating in a research note on Tuesday, January 6th. One analyst has rated the stock with a Strong Buy rating, five have given a Buy rating, three have given a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average price target of $17.88.

O-I Glass Trading Down 0.6%

Shares of OI stock opened at $16.47 on Friday. The business’s fifty day moving average price is $15.06 and its 200 day moving average price is $13.65. The firm has a market capitalization of $2.53 billion, a PE ratio of -17.52, a P/E/G ratio of 0.20 and a beta of 0.78. The company has a debt-to-equity ratio of 3.36, a current ratio of 1.33 and a quick ratio of 0.84. O-I Glass has a 1-year low of $9.23 and a 1-year high of $16.69.

O-I Glass (NYSE:OI) last posted its quarterly earnings results on Tuesday, November 4th. The industrial products company reported $0.48 EPS for the quarter, beating the consensus estimate of $0.44 by $0.04. O-I Glass had a positive return on equity of 16.02% and a negative net margin of 2.26%.The business had revenue of $1.65 billion during the quarter, compared to analysts’ expectations of $1.66 billion. During the same period last year, the firm earned ($0.04) EPS. The company’s quarterly revenue was down 1.5% compared to the same quarter last year.

Institutional Inflows and Outflows

Hedge funds have recently modified their holdings of the business. Farther Finance Advisors LLC raised its position 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 purchasing an additional 830 shares during the last quarter. Headlands Technologies LLC purchased a new position in O-I Glass during the second quarter worth $29,000. Smartleaf Asset Management LLC raised its holdings in shares of O-I Glass by 64.1% in the second quarter. Smartleaf Asset Management LLC now owns 2,350 shares of the industrial products company’s stock worth $35,000 after acquiring an additional 918 shares during the last quarter. State of Wyoming acquired a new position in shares of O-I Glass in the second quarter worth $35,000. Finally, First Horizon Corp lifted its position in shares of O-I Glass by 2,125.5% in the fourth quarter. First Horizon Corp now owns 3,227 shares of the industrial products company’s stock valued at $48,000 after acquiring an additional 3,082 shares in the last quarter. 97.24% of the stock is owned by hedge funds and other institutional investors.

Key Stories Impacting O-I Glass

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

• Positive Sentiment: Zacks raised FY‑2026 and some Q1 forecasts — Zacks increased its FY‑2026 EPS view (to $1.94 from $1.90) and lifted Q1 2026 and Q1 2027 quarterly estimates, which supports slightly better full‑year profitability expectations. MarketBeat OI page
• Positive Sentiment: Large call‑option flow — Unusually high call buying (2,354 calls, a >3,000% increase vs. average) indicates short‑term bullish/speculative interest that can add upward pressure if traders continue to roll or buy stock. MarketBeat OI page
• Neutral Sentiment: Small upward tweak to Q4 2026 — Zacks nudged its Q4 2026 EPS estimate to $0.37 from $0.36; a minor change that likely won’t move fundamentals materially. MarketBeat OI page
• Negative Sentiment: Zacks downgraded the stock to a “Hold” from “Strong Buy” — the rating cut undermines buy‑side conviction and can pressure the share price, especially given OI’s elevated leverage metrics. Zacks.com
• Negative Sentiment: Several near‑term quarterly cuts — Zacks trimmed Q2 2026, Q3 2026 and a Q2 2027 estimate (small moves: e.g., Q2 2026 to $0.55 from $0.56, Q3 to $0.60 from $0.61, Q2 2027 to $0.64 from $0.65), signaling modestly weaker near‑term momentum. MarketBeat OI page

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.