O-I Glass (OI) Stock Forecast, Price Target & Predictions
OI Stock Forecast
O-I Glass stock forecast is as follows: an average price target of $16.86 (represents a 32.76% upside from OI’s last price of $12.70) and a rating consensus of 'Buy', based on 12 wall street analysts offering a 1-year stock forecast.
OI Price Target
The average price target for O-I Glass (OI) is $16.86 based on 1-year price targets from 12 Wall Street analysts in the past 3 months, with a price target range of $18.00 to $15.00. This represents a potential 32.76% upside from OI's last price of $12.70.
OI Analyst Ratings
According to 12 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' (58.33%), 5 'Hold' (41.67%), 0 'Sell' (0.00%), and 0 'Strong Sell' (0.00%).
O-I Glass Price Target by Analyst
| Date | Analyst | Company | Price Target | Price when Published | Price Target/Price when Published | Price Target/Last Closing Price |
|---|---|---|---|---|---|---|
| Aug 05, 2024 | Arun Viswanathan | RBC Capital | $18.00 | $11.29 | 59.43% | 41.73% |
| Aug 01, 2024 | Ghansham Panjabi | Robert W. Baird | $18.00 | $13.36 | 34.73% | 41.73% |
| Jul 17, 2024 | Joshua Spector | UBS | $18.00 | $11.60 | 55.17% | 41.73% |
| May 02, 2024 | Michael Roxland | Truist Financial | $17.00 | $12.58 | 35.14% | 33.86% |
| Jun 20, 2022 | Debbie Jones | Deutsche Bank | $16.00 | $14.53 | 10.12% | 25.98% |
| May 02, 2022 | Michael Leithead | Barclays | $15.00 | $13.48 | 11.28% | 18.11% |
| Oct 05, 2021 | Alton Stump | Loop Capital Markets | $16.00 | $14.61 | 9.51% | 25.98% |
The latest O-I Glass stock forecast, released on Aug 05, 2024 by Arun Viswanathan from RBC Capital, set a price target of $18.00, which represents a 59.43% increase from the stock price at the time of the forecast ($11.29), and a 41.73% increase from OI last price ($12.70).
O-I Glass Price Target by Period
| 1M | 3M | 12M | |
|---|---|---|---|
| # Anlaysts | - | 3 | 4 |
| Avg Price Target | - | $18.00 | $17.75 |
| Last Closing Price | $12.70 | $12.70 | $12.70 |
| Upside/Downside | -100.00% | 41.73% | 39.76% |
In the current month, the average price target of O-I Glass stock is -, according to 0 Wall Street analyst offering twelve months forecast. The average price target represents a -100.00% decrease as opposed to O-I Glass's last price of $12.70. This month's average price target is down -100.00% compared to last quarter, and down -100.00% compared to last year.
Analyst Ratings Upgrades/Downgrades
| Date | Company | Previous Rating | New Rating | Rating Change |
|---|---|---|---|---|
| Aug 05, 2024 | RBC Capital | Outperform | Outperform | Hold |
| Jul 17, 2024 | UBS | Buy | Buy | Hold |
| Apr 19, 2024 | Bank of America Securities | Buy | Neutral | Downgrade |
| Nov 02, 2023 | Barclays | Equal-Weight | Equal-Weight | Hold |
| Jun 01, 2023 | Needham | Hold | Hold | Hold |
| Jun 01, 2023 | JMP Securities | Market Outperform | Market Outperform | Hold |
| Jun 01, 2023 | Piper Sandler | Neutral | Neutral | Hold |
| Feb 03, 2023 | CFRA | - | Buy | Upgrade |
| Feb 02, 2023 | Susquehanna | Outperform | Outperform | Hold |
| Feb 02, 2023 | RBC Capital | - | Outperform | Upgrade |
O-I Glass's last stock rating was published by RBC Capital on Aug 05, 2024. The company gave OI a "Outperform" rating, the same as its previous rate.
O-I Glass Financial Forecast
O-I Glass Revenue Forecast
| Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jul 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | - | - | - | - | - | - | - | - | - | - | - | - | $1.64B | $1.74B | $1.89B | $1.83B | $1.69B | $1.69B | - | $1.69B | $1.59B | $1.61B | $1.66B | $1.50B | $1.50B | $1.62B | $1.42B | $1.56B | $1.63B | $1.67B |
| Avg Forecast | $1.77B | $1.91B | $1.88B | $1.72B | $1.79B | $1.86B | $1.80B | $1.66B | $1.73B | $1.77B | $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 | $1.83B | $1.97B | $1.93B | $1.77B | $1.84B | $1.92B | $1.86B | $1.71B | $1.78B | $1.80B | $1.83B | $1.74B | $1.65B | $1.84B | $1.90B | $1.83B | $1.64B | $1.72B | $1.75B | $1.60B | $1.57B | $1.68B | $1.62B | $1.51B | $1.53B | $1.61B | $1.51B | $1.69B | $1.69B | $1.80B |
| Low Forecast | $1.71B | $1.84B | $1.81B | $1.66B | $1.72B | $1.80B | $1.74B | $1.60B | $1.67B | $1.73B | $1.71B | $1.63B | $1.61B | $1.67B | $1.78B | $1.71B | $1.53B | $1.61B | $1.75B | $1.51B | $1.48B | $1.58B | $1.52B | $1.42B | $1.44B | $1.51B | $1.42B | $1.59B | $1.59B | $1.69B |
| # Analysts | 4 | 4 | 4 | 4 | 3 | 3 | 3 | 3 | 4 | 5 | 4 | 1 | 2 | 6 | 3 | 3 | 4 | 4 | 2 | 2 | 3 | 3 | 3 | 10 | 10 | 9 | 8 | 7 | 6 | 5 |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | 1.01% | 0.99% | 1.03% | 1.03% | 1.06% | 1.01% | - | 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 $1.63B, and a high forecast of $1.74B. 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 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jul 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 4 | 4 | 4 | 4 | 3 | 3 | 3 | 3 | 4 | 5 | 4 | 1 | 2 | 6 | 3 | 3 | 4 | 4 | 2 | 2 | 3 | 3 | 3 | 10 | 10 | 9 | 8 | 7 | 6 | 5 |
| EBITDA | - | - | - | - | - | - | - | - | - | - | - | - | $89.00M | $206.00M | $251.00M | $456.00M | $211.00M | $456.00M | - | $352.00M | $244.00M | $295.00M | $362.00M | $95.00M | $168.00M | $546.00M | $100.00M | $255.00M | $277.00M | $-334.00M |
| Avg Forecast | $292.51M | $315.71M | $309.89M | $283.68M | $295.13M | $307.59M | $297.41M | $273.67M | $285.36M | $292.02M | $292.95M | $253.95M | $268.43M | $291.20M | $304.00M | $230.87M | $262.69M | $287.06M | $288.09M | $209.88M | $221.82M | $260.96M | $308.09M | $79.17M | $138.35M | $352.08M | $167.14M | $248.63M | $259.32M | $-340.07M |
| High Forecast | $301.29M | $325.18M | $319.18M | $292.19M | $303.98M | $316.82M | $306.33M | $281.88M | $293.92M | $296.91M | $301.74M | $304.75M | $271.72M | $304.56M | $313.12M | $277.04M | $270.57M | $344.47M | $288.09M | $251.86M | $266.18M | $313.15M | $369.70M | $95.00M | $166.02M | $422.49M | $200.57M | $298.35M | $311.18M | $-272.06M |
| Low Forecast | $282.06M | $304.42M | $298.81M | $273.54M | $284.58M | $296.59M | $286.78M | $263.89M | $275.16M | $285.49M | $282.48M | $203.16M | $265.13M | $276.01M | $293.13M | $184.69M | $253.30M | $229.65M | $288.09M | $167.90M | $177.45M | $208.77M | $246.47M | $63.33M | $110.68M | $281.66M | $133.71M | $198.90M | $207.46M | $-408.09M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | 0.33% | 0.71% | 0.83% | 1.98% | 0.80% | 1.59% | - | 1.68% | 1.10% | 1.13% | 1.18% | 1.20% | 1.21% | 1.55% | 0.60% | 1.03% | 1.07% | 0.98% |
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 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jul 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 4 | 4 | 4 | 4 | 3 | 3 | 3 | 3 | 4 | 5 | 4 | 1 | 2 | 6 | 3 | 3 | 4 | 4 | 2 | 2 | 3 | 3 | 3 | 10 | 10 | 9 | 8 | 7 | 6 | 5 |
| Net Income | - | - | - | - | - | - | - | - | - | - | - | - | $-470.00M | $108.00M | $195.00M | $206.00M | $13.00M | $231.00M | - | $122.00M | $48.00M | $85.00M | $118.00M | $-97.00M | $-29.00M | $328.00M | $-101.00M | $50.00M | $30.00M | $-575.00M |
| Avg Forecast | $82.84M | $49.50M | $96.04M | $89.11M | $55.83M | $83.69M | $83.42M | $62.01M | $33.32M | $6.21M | $67.89M | $70.28M | $5.44M | $109.46M | $132.33M | $63.89M | $50.02M | $82.71M | $102.86M | $58.08M | $39.09M | $75.19M | $100.43M | $-80.83M | $-23.88M | $211.50M | $-168.81M | $48.75M | $28.09M | $-585.45M |
| High Forecast | $86.07M | $51.44M | $99.78M | $92.59M | $58.01M | $86.96M | $86.67M | $64.43M | $34.62M | $9.32M | $70.54M | $84.33M | $7.25M | $114.15M | $137.49M | $76.67M | $51.97M | $99.25M | $102.86M | $69.70M | $46.91M | $90.23M | $120.51M | $-64.67M | $-19.11M | $253.80M | $-135.05M | $58.50M | $33.70M | $-468.36M |
| Low Forecast | $78.99M | $47.20M | $91.57M | $84.97M | $53.23M | $79.80M | $79.54M | $59.13M | $31.77M | $3.11M | $64.73M | $56.22M | $5.18M | $106.33M | $126.18M | $51.11M | $47.69M | $66.17M | $102.86M | $46.46M | $31.27M | $60.15M | $80.34M | $-97.00M | $-28.66M | $169.20M | $-202.58M | $39.00M | $22.47M | $-702.55M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | -86.45% | 0.99% | 1.47% | 3.22% | 0.26% | 2.79% | - | 2.10% | 1.23% | 1.13% | 1.18% | 1.20% | 1.21% | 1.55% | 0.60% | 1.03% | 1.07% | 0.98% |
O-I Glass's average Quarter net income forecast for Dec 23 is $5.44M, with a range of $5.18M to $7.25M. OI's average Quarter net income forecast represents a -94.97% decrease compared to the company's last Quarter net income of $108.00M (Sep 23).
O-I Glass SG&A Forecast
| Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jul 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 4 | 4 | 4 | 4 | 3 | 3 | 3 | 3 | 4 | 5 | 4 | 1 | 2 | 6 | 3 | 3 | 4 | 4 | 2 | 2 | 3 | 3 | 3 | 10 | 10 | 9 | 8 | 7 | 6 | 5 |
| SG&A | - | - | - | - | - | - | - | - | - | - | - | - | $116.00M | $134.00M | $143.00M | $147.00M | $126.00M | $128.00M | - | $119.00M | $108.00M | $108.00M | $116.00M | $102.00M | $95.00M | $95.00M | $97.00M | $116.00M | $100.00M | $108.00M |
| Avg Forecast | $123.41M | $133.20M | $130.74M | $119.68M | $124.51M | $129.77M | $125.48M | $115.46M | $120.39M | $123.20M | $123.60M | $95.03M | $113.25M | $122.86M | $128.26M | $86.39M | $110.83M | $105.09M | $121.55M | $78.54M | $98.18M | $95.54M | $98.72M | $85.00M | $78.24M | $61.26M | $162.13M | $113.10M | $93.62M | $109.96M |
| High Forecast | $127.11M | $137.19M | $134.66M | $123.27M | $128.25M | $133.66M | $129.24M | $118.93M | $124.01M | $125.27M | $127.30M | $114.04M | $114.64M | $128.50M | $132.11M | $103.67M | $114.15M | $126.11M | $121.55M | $94.25M | $117.82M | $114.65M | $118.47M | $102.00M | $93.88M | $73.51M | $194.55M | $135.72M | $112.34M | $131.96M |
| Low Forecast | $119.00M | $128.43M | $126.07M | $115.40M | $120.06M | $125.13M | $120.99M | $111.33M | $116.09M | $120.45M | $119.18M | $76.03M | $111.86M | $116.45M | $123.67M | $69.12M | $106.87M | $84.07M | $121.55M | $62.83M | $78.55M | $76.43M | $78.98M | $68.00M | $62.59M | $49.01M | $129.70M | $90.48M | $74.89M | $87.97M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | 1.02% | 1.09% | 1.11% | 1.70% | 1.14% | 1.22% | - | 1.52% | 1.10% | 1.13% | 1.18% | 1.20% | 1.21% | 1.55% | 0.60% | 1.03% | 1.07% | 0.98% |
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 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jul 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 4 | 4 | 4 | 4 | 3 | 3 | 3 | 3 | 4 | 5 | 4 | 1 | 2 | 6 | 3 | 3 | 4 | 4 | 2 | 2 | 3 | 3 | 3 | 10 | 10 | 9 | 8 | 7 | 6 | 5 |
| EPS | - | - | - | - | - | - | - | - | - | - | - | - | $-3.05 | $0.70 | $1.26 | $1.33 | $0.09 | $1.49 | - | $0.78 | $0.31 | $0.54 | $0.75 | $-0.62 | $-0.18 | $2.09 | $-0.64 | $0.32 | $0.20 | $-3.69 |
| Avg Forecast | $0.53 | $0.31 | $0.61 | $0.57 | $0.35 | $0.53 | $0.53 | $0.39 | $0.21 | $0.04 | $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 | $0.55 | $0.33 | $0.63 | $0.59 | $0.37 | $0.55 | $0.55 | $0.41 | $0.22 | $0.06 | $0.45 | $0.40 | $0.05 | $0.73 | $0.87 | $0.89 | $0.33 | $0.62 | $0.65 | $0.41 | $0.34 | $0.54 | $0.50 | $0.32 | $0.35 | $0.30 | $0.06 | $0.42 | $0.50 | $0.57 |
| Low Forecast | $0.50 | $0.30 | $0.58 | $0.54 | $0.34 | $0.51 | $0.51 | $0.38 | $0.20 | $0.02 | $0.41 | $0.37 | $0.03 | $0.68 | $0.80 | $0.82 | $0.30 | $0.57 | $0.65 | $0.38 | $0.32 | $0.50 | $0.46 | $0.29 | $0.33 | $0.28 | $0.06 | $0.38 | $0.46 | $0.53 |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | -88.29% | 1.01% | 1.50% | 1.55% | 0.28% | 2.48% | - | 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
| Ticker | Company | Last Closing Price | Avg Price Target | Upside/Downside | Avg Rating |
|---|---|---|---|---|---|
| MYE | Myers Industries | $13.75 | $30.00 | 118.18% | - |
| SEE | Sealed Air | $33.26 | $52.89 | 59.02% | Buy |
| PTVE | Pactiv Evergreen | $11.18 | $15.50 | 38.64% | Buy |
| OI | O-I Glass | $12.70 | $16.86 | 32.76% | Buy |
| KRT | Karat Packaging | $25.41 | $33.00 | 29.87% | Buy |
| SON | Sonoco Products Company | $55.07 | $70.17 | 27.42% | Buy |
| GEF | Greif | $61.12 | $73.50 | 20.26% | Buy |
| CCK | Crown | $91.34 | $100.25 | 9.75% | Buy |
| REYN | Reynolds Consumer Products | $31.95 | $35.00 | 9.55% | Hold |
| AVY | Avery Dennison | $219.42 | $235.00 | 7.10% | Buy |
| SLGN | Silgan | $50.53 | $52.80 | 4.49% | Buy |
| WRK | WestRock | $51.51 | $49.75 | -3.42% | Buy |
| PKG | Packaging Corporation of America | $210.27 | $166.00 | -21.05% | Hold |
OI Forecast FAQ
Is O-I Glass a good buy?
Yes, according to 12 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 58.33% of OI's total ratings.
What is OI's price target?
O-I Glass (OI) average price target is $16.86 with a range of $15 to $18, implying a 32.76% from its last price of $12.7. The data is based on 12 Wall Street analysts who provided a twelve-month price target estimate in the last three months.
Will O-I Glass stock go up soon?
According to Wall Street analysts' prediction for OI stock, the company can go up by 32.76% (from the last price of $12.7 to the average price target of $16.86), up by 41.73% based on the highest stock price target, and up by 18.11% based on the lowest stock price target.
Can O-I Glass stock reach $20?
OI's average twelve months analyst stock price target of $16.86 does not support the claim that O-I Glass can reach $20 in the near future.
What are O-I Glass's analysts' financial forecasts?
O-I Glass's analysts financial forecasts for the fiscal year (Dec 2025) are as follows: average revenue is $7.11B (high $7.32B, low $6.86B), average EBITDA is $1.17B (high $1.21B, low $1.13B), average net income is $284.95M (high $296.06M, low $271.71M), average SG&A $495.23M (high $510.08M, low $477.52M), and average EPS is $1.81 (high $1.88, low $1.73). OI's analysts financial forecasts for the fiscal year (Dec 2026) are as follows: average revenue is $7.28B (high $7.5B, low $7.02B), average EBITDA is $1.2B (high $1.24B, low $1.16B), average net income is $317.49M (high $329.87M, low $302.74M), average SG&A $507.03M (high $522.24M, low $488.91M), and average EPS is $2.02 (high $2.1, low $1.92).
Did the OI's actual financial results beat the analysts' financial forecasts?
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 $311.12M by -29.61%. 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 $5.44M by -8745.10%. 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%