O-I Glass (NYSE:OI) Releases FY 2026 Earnings Guidance

O-I Glass (NYSE:OI) issued an update on its FY 2026 earnings guidance on Tuesday morning. The company provided earnings per share (EPS) guidance of 1.000-1.500 for the period, compared to the consensus estimate of 1.660. The company issued revenue guidance of -.

O-I Glass Stock Down 15.5%

NYSE OI traded down $1.59 on Wednesday, reaching $8.66. The stock had a trading volume of 8,773,554 shares, compared to its average volume of 2,130,114. The business has a 50 day moving average price of $11.39 and a 200 day moving average price of $13.18. The company has a current ratio of 1.25, a quick ratio of 0.77 and a debt-to-equity ratio of 3.35. O-I Glass has a 1 year low of $8.00 and a 1 year high of $16.91. The company has a market capitalization of $1.33 billion, a price-to-earnings ratio of -10.28, a P/E/G ratio of 0.89 and a beta of 0.84.

O-I Glass (NYSE:OI) last issued its earnings results on Tuesday, April 28th. The industrial products company reported $0.05 EPS for the quarter, missing analysts’ consensus estimates of $0.09 by ($0.04). O-I Glass had a negative net margin of 2.01% and a positive return on equity of 18.07%. The firm had revenue of $1.54 billion during the quarter, compared to analysts’ expectations of $1.48 billion. During the same quarter last year, the firm earned $0.40 EPS. The business’s revenue for the quarter was down 1.7% compared to the same quarter last year. O-I Glass has set its FY 2026 guidance at 1.000-1.500 EPS. On average, analysts forecast that O-I Glass will post 1.64 EPS for the current fiscal year.

Analyst Ratings Changes

Several analysts have recently issued reports on OI shares. UBS Group decreased their price target on O-I Glass from $21.00 to $18.00 and set a “buy” rating for the company in a research note on Friday, April 10th. Zacks Research lowered O-I Glass from a “hold” rating to a “strong sell” rating in a research note on Tuesday, March 3rd. Royal Bank Of Canada set a $14.00 target price on O-I Glass in a research note on Friday, April 17th. Robert W. Baird set a $20.00 target price on O-I Glass in a research note on Thursday, February 12th. Finally, Weiss Ratings restated a “sell (d-)” rating on shares of O-I Glass in a research note on Tuesday, April 21st. One analyst has rated the stock with a Strong Buy rating, four have given a Buy rating, three have assigned a Hold rating and two have issued a Sell rating to the company. Based on data from MarketBeat, O-I Glass currently has an average rating of “Hold” and a consensus price target of $15.67.

Key O-I Glass News

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

• Positive Sentiment: Analysts flagged O-I Glass as a buy among consumer cyclical names, offering a near-term counterweight to today’s selling and indicating some firms remain constructive on the longer-term outlook. Analysts Are Bullish on Top Consumer Cyclical Stocks: O-I Glass (OI), Hasbro (HAS)
• Neutral Sentiment: Company revenue of ~$1.54B modestly beat analyst estimates (~$1.48B) and shows only a small YoY decline, which tempers the negative EPS reaction by indicating stable top-line demand. O-I Glass (OI) Reports Q1 Earnings: What Key Metrics Have to Say
• Neutral Sentiment: Preview and snapshot coverage ahead of and immediately after the release provided context on cost, margin, and volume trends; these pieces help investors parse whether the EPS miss is transitory or structural. O-I Glass Q1 2026 earnings preview
• Negative Sentiment: O-I reported Q1 EPS of $0.05, missing consensus of $0.09 and sharply below last year’s $0.40, a clear catalyst for the selloff as profits fell and margins weakened. O-I Glass (OI) Q1 Earnings Miss Estimates
• Negative Sentiment: The company updated FY2026 EPS guidance to $1.00–$1.50 vs. the ~$1.66 consensus, which likely prompted the largest downward pressure on the shares by lowering forward earnings expectations. O-I Glass Reports First Quarter 2026 Results
• Negative Sentiment: Company metrics show a negative net margin and a large year-over-year EPS decline, raising investor concerns about profitability and the pace of recovery in glass demand. O-I Glass: Q1 Earnings Snapshot

Hedge Funds Weigh In On O-I Glass

Institutional investors and hedge funds have recently modified their holdings of the stock. Headlands Technologies LLC bought a new stake in shares of O-I Glass in the second quarter valued at about $29,000. Caitong International Asset Management Co. Ltd boosted its position in shares of O-I Glass by 36,533.3% in 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 acquiring an additional 2,192 shares during the period. Quarry LP bought a new stake in shares of O-I Glass in the fourth quarter valued at about $32,000. State of Wyoming bought a new stake in shares of O-I Glass in the second quarter valued at about $35,000. Finally, Smartleaf Asset Management LLC boosted its position 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 valued at $35,000 after acquiring an additional 918 shares during the period. 97.24% of the stock is currently owned by institutional investors and hedge funds.

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.