O-I Glass (OI) Stock Forecast, Price Target & Predictions


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OI Stock Forecast


O-I Glass stock forecast is as follows: an average price target of $15.67 (represents a 38.06% upside from OI’s last price of $11.35) and a rating consensus of 'Buy', based on 13 wall street analysts offering a 1-year stock forecast.

OI Price Target


The average price target for O-I Glass (OI) is $15.67 based on 1-year price targets from 13 Wall Street analysts in the past 3 months, with a price target range of $18.00 to $12.00. This represents a potential 38.06% upside from OI's last price of $11.35.

OI Analyst Ratings


Buy

According to 13 Wall Street analysts, O-I Glass's rating consensus is 'Buy'. The analyst rating breakdown for OI stock is 0 'Strong Buy' (0.00%), 7 'Buy' (53.85%), 5 'Hold' (38.46%), 1 'Sell' (7.69%), and 0 'Strong Sell' (0.00%).

O-I Glass Price Target by Analyst


DateAnalystCompanyPrice TargetPrice when PublishedPrice Target/Price when PublishedPrice Target/Last Closing Price
Oct 31, 2024Michael RoxlandTruist Financial$15.00$11.5529.87%32.16%
Oct 31, 2024Alton StumpLoop Capital Markets$12.00$11.553.90%5.73%
Oct 31, 2024Michael LeitheadBarclays$13.00$11.5512.55%14.54%
Oct 17, 2024George StaphosBank of America Securities$16.00$12.7325.69%40.97%
Oct 02, 2024Anthony PettinariCitigroup$15.00$13.0814.68%32.16%
Aug 05, 2024Arun ViswanathanRBC Capital$18.00$11.2959.43%58.59%
Aug 01, 2024Ghansham PanjabiRobert W. Baird$18.00$13.3634.73%58.59%
Jul 17, 2024Joshua SpectorUBS$18.00$11.6055.17%58.59%
May 02, 2024Michael RoxlandTruist Financial$17.00$12.5835.14%49.78%
Jun 20, 2022Debbie JonesDeutsche Bank$16.00$14.5310.12%40.97%
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The latest O-I Glass stock forecast, released on Oct 31, 2024 by Michael Roxland from Truist Financial, set a price target of $15.00, which represents a 29.87% increase from the stock price at the time of the forecast ($11.55), and a 32.16% increase from OI last price ($11.35).

O-I Glass Price Target by Period


1M3M12M
# Anlaysts469
Avg Price Target$14.00$14.83$15.78
Last Closing Price$11.35$11.35$11.35
Upside/Downside23.35%30.66%39.03%

In the current month, the average price target of O-I Glass stock is $14.00, according to 4 Wall Street analysts offering twelve months forecast. The average price target represents a 23.35% increase as opposed to O-I Glass's last price of $11.35. This month's average price target is down -5.60% compared to last quarter, and down -11.28% compared to last year.

Analyst Ratings Upgrades/Downgrades


DateCompanyPrevious RatingNew RatingRating Change
Oct 31, 2024Loop Capital MarketsHoldHoldHold
Oct 31, 2024BarclaysNegativeNegativeHold
Oct 17, 2024Bank of America SecuritiesNeutralBuyUpgrade
Oct 02, 2024CitigroupNeutralNeutralHold
Aug 05, 2024RBC CapitalOutperformOutperformHold
Jul 17, 2024UBSBuyBuyHold
Apr 19, 2024Bank of America SecuritiesBuyNeutralDowngrade
Nov 02, 2023BarclaysEqual-WeightEqual-WeightHold
Jun 01, 2023Piper SandlerNeutralNeutralHold
Jun 01, 2023NeedhamHoldHoldHold
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O-I Glass's last stock rating was published by Loop Capital Markets on Oct 31, 2024. The company gave OI a "Hold" rating, the same as its previous rate.

O-I Glass Financial Forecast


O-I Glass Revenue Forecast

Dec 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19
Revenue------------$1.64B$1.74B$1.89B$1.83B$1.69B$1.69B$1.78B$1.69B$1.59B$1.61B$1.66B$1.50B$1.50B$1.62B$1.42B$1.56B$1.63B$1.67B
Avg Forecast$1.65B$1.70B$1.76B$1.62B$1.62B$1.67B$1.72B$1.58B$1.62B$1.76B$1.77B$1.69B$1.63B$1.76B$1.84B$1.78B$1.59B$1.67B$1.75B$1.54B$1.52B$1.62B$1.56B$1.46B$1.48B$1.55B$1.45B$1.63B$1.63B$1.74B
High Forecast$1.73B$1.79B$1.85B$1.70B$1.70B$1.76B$1.81B$1.62B$1.69B$1.76B$1.77B$1.69B$1.65B$1.84B$1.93B$1.87B$1.67B$1.67B$1.75B$1.54B$1.52B$1.62B$1.56B$1.46B$1.48B$1.55B$1.45B$1.63B$1.63B$1.74B
Low Forecast$1.60B$1.65B$1.70B$1.57B$1.57B$1.62B$1.67B$1.55B$1.54B$1.76B$1.77B$1.69B$1.61B$1.67B$1.78B$1.72B$1.54B$1.67B$1.75B$1.54B$1.52B$1.62B$1.56B$1.46B$1.48B$1.55B$1.45B$1.63B$1.63B$1.74B
# Analysts222211145411263344443333316811711
Surprise %------------1.01%0.99%1.03%1.03%1.06%1.01%1.02%1.10%1.05%0.99%1.06%1.03%1.01%1.04%0.97%0.96%1.00%0.96%

O-I Glass's average Quarter revenue forecast for Mar 24 based on 1 analysts is $1.69B, with a low forecast of $1.69B, and a high forecast of $1.69B. OI's average Quarter revenue forecast represents a 3.14% increase compared to the company's last Quarter revenue of $1.64B (Dec 23).

O-I Glass EBITDA Forecast

Dec 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19
# Analysts222211145411263344443333316811711
EBITDA------------$89.00M$206.00M$251.00M$456.00M$211.00M$456.00M$490.00M$352.00M$244.00M$295.00M$362.00M$95.00M$168.00M$546.00M$100.00M$255.00M$277.00M$-334.00M
Avg Forecast$272.52M$281.04M$290.21M$267.20M$267.05M$276.30M$284.41M$260.50M$266.80M$290.63M$292.95M$253.95M$268.43M$291.20M$304.00M$230.87M$244.00M$275.79M$288.09M$209.88M$250.52M$268.07M$257.62M$79.17M$244.36M$255.70M$240.12M$248.63M$269.00M$286.92M
High Forecast$286.20M$295.15M$304.78M$280.62M$280.45M$290.17M$298.68M$266.85M$279.43M$291.32M$292.95M$304.75M$271.72M$304.56M$319.26M$277.04M$292.80M$275.79M$288.09M$251.86M$250.52M$268.07M$257.62M$95.00M$244.36M$255.70M$240.12M$298.35M$269.00M$286.92M
Low Forecast$264.15M$272.41M$281.30M$259.00M$258.84M$267.82M$275.67M$255.73M$254.17M$289.94M$292.95M$203.16M$265.13M$276.01M$294.67M$184.69M$195.20M$275.79M$288.09M$167.90M$250.52M$268.07M$257.62M$63.33M$244.36M$255.70M$240.12M$198.90M$269.00M$286.92M
Surprise %------------0.33%0.71%0.83%1.98%0.86%1.65%1.70%1.68%0.97%1.10%1.41%1.20%0.69%2.14%0.42%1.03%1.03%-1.16%

1 analysts predict OI's average Quarter EBITDA for Mar 24 to be $253.95M, with a high of $304.75M and a low of $203.16M. This is 185.34% upper than O-I Glass's previous annual EBITDA (Dec 23) of $89.00M.

O-I Glass Net Income Forecast

Dec 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19
# Analysts222211145411263344443333316811711
Net Income------------$-470.00M$108.00M$195.00M$206.00M$13.00M$231.00M$252.00M$122.00M$48.00M$85.00M$118.00M$-97.00M$-29.00M$328.00M$-101.00M$50.00M$30.00M$-575.00M
Avg Forecast$70.21M$83.24M$97.27M$80.01M$43.79M$74.61M$68.39M$44.68M$-11.95M$3.90M$66.74M$70.28M$5.34M$107.61M$130.10M$63.89M$43.00M$94.46M$102.15M$58.08M$51.40M$81.41M$74.92M$-80.83M$53.13M$45.50M$9.71M$48.75M$75.49M$86.26M
High Forecast$74.80M$88.67M$103.62M$85.24M$46.65M$79.48M$72.85M$56.34M$13.14M$4.15M$66.77M$84.33M$7.13M$112.22M$138.59M$76.67M$51.60M$94.46M$102.15M$69.70M$51.40M$81.41M$74.92M$-64.67M$53.13M$45.50M$9.71M$58.50M$75.49M$86.26M
Low Forecast$67.41M$79.91M$93.39M$76.82M$42.04M$71.63M$65.66M$33.03M$-35.84M$3.74M$66.71M$56.22M$5.13M$104.53M$124.90M$51.11M$34.40M$94.46M$102.15M$46.46M$51.40M$81.41M$74.92M$-97.00M$53.13M$45.50M$9.71M$39.00M$75.49M$86.26M
Surprise %-------------87.94%1.00%1.50%3.22%0.30%2.45%2.47%2.10%0.93%1.04%1.58%1.20%-0.55%7.21%-10.40%1.03%0.40%-6.67%

O-I Glass's average Quarter net income forecast for Dec 23 is $5.34M, with a range of $5.13M to $7.13M. OI's average Quarter net income forecast represents a -95.05% decrease compared to the company's last Quarter net income of $108.00M (Sep 23).

O-I Glass SG&A Forecast

Dec 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19
# Analysts222211145411263344443333316811711
SG&A------------$116.00M$134.00M$143.00M$147.00M$126.00M$128.00M$123.00M$119.00M$108.00M$108.00M$116.00M$102.00M$95.00M$95.00M$97.00M$116.00M$100.00M$108.00M
Avg Forecast$114.98M$118.57M$122.44M$112.73M$112.67M$116.57M$119.99M$109.90M$112.56M$122.62M$123.60M$95.03M$113.25M$122.86M$128.26M$86.39M$108.00M$116.35M$121.55M$78.54M$105.69M$113.10M$108.69M$85.00M$103.10M$107.88M$101.31M$113.10M$113.49M$121.05M
High Forecast$120.75M$124.52M$128.59M$118.39M$118.32M$122.42M$126.01M$112.58M$117.89M$122.91M$123.60M$114.04M$114.64M$128.50M$134.70M$103.67M$129.60M$116.35M$121.55M$94.25M$105.69M$113.10M$108.69M$102.00M$103.10M$107.88M$101.31M$135.72M$113.49M$121.05M
Low Forecast$111.44M$114.93M$118.68M$109.27M$109.21M$112.99M$116.30M$107.89M$107.23M$122.32M$123.60M$76.03M$111.86M$116.45M$124.32M$69.12M$86.40M$116.35M$121.55M$62.83M$105.69M$113.10M$108.69M$68.00M$103.10M$107.88M$101.31M$90.48M$113.49M$121.05M
Surprise %------------1.02%1.09%1.11%1.70%1.17%1.10%1.01%1.52%1.02%0.95%1.07%1.20%0.92%0.88%0.96%1.03%0.88%0.89%

O-I Glass's average Quarter SG&A projection for Mar 24 is $95.03M, based on 1 Wall Street analysts, with a range of $76.03M to $114.04M. The forecast indicates a -18.07% fall compared to OI last annual SG&A of $116.00M (Dec 23).

O-I Glass EPS Forecast

Dec 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19
# Analysts222211145411263344443333316811711
EPS------------$-3.05$0.70$1.26$1.33$0.09$1.49$1.62$0.78$0.31$0.54$0.75$-0.62$-0.18$2.09$-0.64$0.32$0.20$-3.69
Avg Forecast$0.45$0.54$0.63$0.52$0.28$0.48$0.44$0.29$-0.08$0.03$0.43$0.38$0.03$0.70$0.84$0.86$0.32$0.60$0.65$0.39$0.33$0.52$0.48$0.30$0.34$0.29$0.06$0.40$0.48$0.55
High Forecast$0.48$0.57$0.67$0.55$0.30$0.51$0.47$0.36$0.08$0.03$0.43$0.38$0.05$0.73$0.90$0.91$0.34$0.60$0.65$0.39$0.33$0.52$0.48$0.30$0.34$0.29$0.06$0.40$0.48$0.55
Low Forecast$0.44$0.52$0.60$0.50$0.27$0.46$0.42$0.21$-0.23$0.02$0.43$0.38$0.03$0.68$0.81$0.82$0.31$0.60$0.65$0.39$0.33$0.52$0.48$0.30$0.34$0.29$0.06$0.40$0.48$0.55
Surprise %-------------88.29%1.01%1.50%1.55%0.28%2.48%2.50%1.98%0.95%1.04%1.58%-2.06%-0.53%7.23%-10.37%0.80%0.42%-6.73%

According to 2 Wall Street analysts, O-I Glass's projected average Quarter EPS for Dec 23 is $0.03, with a low estimate of $0.03 and a high estimate of $0.05. This represents a -95.07% decrease compared to OI previous annual EPS of $0.70 (Sep 23).

O-I Glass Peer Comparison by Price Target


TickerCompanyLast Closing PriceAvg Price TargetUpside/DownsideAvg Rating
MYEMyers Industries$11.71$30.00156.19%-
SEESealed Air$36.27$51.7042.54%Buy
SONSonoco Products Company$50.56$70.1738.79%Buy
PTVEPactiv Evergreen$11.22$15.5038.15%Buy
OIO-I Glass$11.35$15.6738.06%Buy
REYNReynolds Consumer Products$26.95$35.0029.87%Hold
KRTKarat Packaging$26.78$33.0023.23%Buy
CCKCrown$93.12$110.5618.73%Buy
GEFGreif$62.38$73.5017.83%Buy
AVYAvery Dennison$205.57$239.1716.34%Buy
SLGNSilgan$53.07$53.400.62%Buy
WRKWestRock$51.51$49.75-3.42%Buy
PKGPackaging Corporation of America$230.17$198.40-13.80%Hold

OI Forecast FAQ


Yes, according to 13 Wall Street analysts, O-I Glass (OI) is considered a 'Buy'. The rating consensus is based on 0 'Strong Buy' and 7 'Buy' recommendations, accounting for 53.85% of OI's total ratings.

O-I Glass (OI) average price target is $15.67 with a range of $12 to $18, implying a 38.06% from its last price of $11.35. The data is based on 13 Wall Street analysts who provided a twelve-month price target estimate in the last three months.

According to Wall Street analysts' prediction for OI stock, the company can go up by 38.06% (from the last price of $11.35 to the average price target of $15.67), up by 58.59% based on the highest stock price target, and up by 5.73% based on the lowest stock price target.

OI's average twelve months analyst stock price target of $15.67 does not support the claim that O-I Glass can reach $20 in the near future.

4 Wall Street analysts forecast a $14 price target for O-I Glass (OI) this month, up 23.35% from its last price of $11.35. Compared to the last 3 and 12 months, the average price target increased by 30.66% and increased by 39.03%, respectively.

O-I Glass's analysts financial forecasts for the fiscal year (Dec 2025) are as follows: average revenue is $6.59B (high $6.88B, low $6.41B), average EBITDA is $1.09B (high $1.14B, low $1.06B), average net income is $231.46M (high $255.31M, low $212.35M), average SG&A $459.13M (high $479.34M, low $446.4M), and average EPS is $1.5 (high $1.65, low $1.37). OI's analysts financial forecasts for the fiscal year (Dec 2026) are as follows: average revenue is $6.73B (high $7.07B, low $6.52B), average EBITDA is $1.11B (high $1.17B, low $1.08B), average net income is $330.74M (high $352.33M, low $317.53M), average SG&A $468.72M (high $492.25M, low $454.33M), and average EPS is $2.14 (high $2.28, low $2.05).

Based on O-I Glass's last annual report (Dec 2023), the company's revenue was $7.1B, beating the average analysts forecast of $7.01B by 1.38%. Apple's EBITDA was $864M, missing the average prediction of $1.09B by -21.06%. The company's net income was $219M, missing the average estimation of $306.94M by -28.65%. Apple's SG&A was $540M, beating the average forecast of $450.76M by 19.80%. Lastly, the company's EPS was $1.42, missing the average prediction of $2.43 by -41.51%. In terms of the last quarterly report (Dec 2023), O-I Glass's revenue was $1.64B, beating the average analysts' forecast of $1.63B by 0.92%. The company's EBITDA was $89M, missing the average prediction of $268.43M by -66.84%. O-I Glass's net income was $-470M, missing the average estimation of $5.34M by -8893.62%. The company's SG&A was $116M, beating the average forecast of $113.25M by 2.43%. Lastly, the company's EPS was $-3.05, missing the average prediction of $0.0345 by -8929.32%