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


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OI Stock Forecast


O-I Glass (OI) stock forecast, based on 13 Wall Street analysts, predicts a 12-month average price target of $15.29, with a high of $18.00 and a low of $12.00. This represents a 32.27% increase from the last price of $11.56.

$10 $11 $12 $13 $14 $15 $16 $17 $18 High: $18 Avg: $15.29 Low: $12 Last Closed Price: $11.56

OI Stock Rating


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

Buy
Total 13 1 5 7 0 Strong Sell Sell Hold Buy Strong Buy

OI Forecast vs Benchmarks


TypeNameUpside
StockO-I Glass32.27%
SectorConsumer Cyclical Stocks 4.57%
IndustryPackaging & Containers Stocks 16.60%

Price Target Trends


1M3M12M
# Anlaysts-39
Avg Price Target-$13.33$15.78
Last Closing Price$11.56$11.56$11.56
Upside/Downside-15.31%36.51%
Ratings Trends

DateStrong BuyBuyHoldSellStrong SellTotal
Jan, 25163--10
Dec, 24163--10
Nov, 2426101-19
Oct, 2426101-19
Sep, 2425101-18
Latest Price Target by Analysts

DateAnalystCompanyPrice TargetPrice when PublishedPrice Target/Price when PublishedPrice Target/Last Closing Price
Oct 31, 2024Michael RoxlandTruist Financial$15.00$11.5529.87%29.76%
Oct 31, 2024Alton StumpLoop Capital Markets$12.00$11.553.90%3.81%
Oct 31, 2024Michael LeitheadBarclays$13.00$11.5512.55%12.46%
Oct 17, 2024George StaphosBank of America Securities$16.00$12.7325.69%38.41%
Oct 02, 2024Anthony PettinariCitigroup$15.00$13.0814.68%29.76%
Aug 05, 2024Arun ViswanathanRBC Capital$18.00$11.2959.43%55.71%
Aug 01, 2024Ghansham PanjabiRobert W. Baird$18.00$13.3634.73%55.71%
Jul 17, 2024Joshua SpectorUBS$18.00$11.6055.17%55.71%
May 02, 2024Michael RoxlandTruist Financial$17.00$12.5835.14%47.06%
Jun 20, 2022Debbie JonesDeutsche Bank$16.00$14.5310.12%38.41%
Latest Upgrade/Downgrade by Analysts

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
Feb 03, 2023CFRABuyupgrade

Financial Forecast


EPS Forecast

Dec 20 Dec 21 Dec 22 Dec 23 Dec 24 Dec 25 Dec 26 Dec 27
Dec 20Dec 21Dec 22Dec 23Dec 24Dec 25Dec 26Dec 27
Reported$1.59$0.95$3.76$1.42----
Avg Forecast$1.16$1.81$2.24$3.00$0.78$1.44$1.89$2.05
High Forecast$1.12$1.74$2.21$2.94$0.77$1.42$1.66$1.84
Low Forecast$1.19$1.84$2.28$3.09$0.79$1.47$2.01$2.26
Surprise %37.07%-47.51%67.86%-52.67%----

Revenue Forecast

$6B $6B $6B $7B $7B $8B Dec 20 Dec 21 Dec 22 Dec 23 Dec 24 Dec 25 Dec 26 Dec 27
Dec 20Dec 21Dec 22Dec 23Dec 24Dec 25Dec 26Dec 27
Reported$6.09B$6.36B$6.86B$7.11B----
Avg Forecast$6.08B$6.29B$6.75B$7.09B$6.60B$6.55B$6.57B$6.98B
High Forecast$5.91B$6.12B$6.67B$7.07B$6.50B$6.53B$6.53B$6.94B
Low Forecast$6.18B$6.40B$6.85B$7.12B$6.61B$6.57B$6.60B$7.03B
Surprise %0.26%1.03%1.56%0.21%----

Net Income Forecast

$-150M $0 $150M $300M $450M $600M Dec 20 Dec 21 Dec 22 Dec 23 Dec 24 Dec 25 Dec 26 Dec 27
Dec 20Dec 21Dec 22Dec 23Dec 24Dec 25Dec 26Dec 27
Reported$249.00M$149.00M$584.00M$219.00M----
Avg Forecast$67.56M$133.88M$404.78M$-103.00M$120.78M$221.22M$292.55M$317.03M
High Forecast$-23.03M$74.77M$323.82M$-123.60M$118.81M$219.68M$256.07M$284.43M
Low Forecast$158.15M$192.98M$485.73M$-82.40M$122.75M$227.53M$310.39M$349.64M
Surprise %268.58%11.30%44.28%-312.62%----

OI Forecast FAQ


Is O-I Glass stock a buy?

O-I Glass stock has a consensus rating of Buy, based on 13 Wall Street analysts. The rating breakdown includes 0 Strong Buy, 7 Buy, 5 Hold, 1 Sell, and 0 Strong Sell, reflecting a consensus that O-I Glass is a favorable investment for most analysts.

What is O-I Glass's price target?

O-I Glass's price target, set by 13 Wall Street analysts, averages $15.29 over the next 12 months. The price target range spans from $12 at the low end to $18 at the high end, suggesting a potential 32.27% change from the previous close price of $11.56.

How does O-I Glass stock forecast compare to the average forecast of its sector, industry, and investment themes?

O-I Glass stock forecast shows a 32.27% upside, outperforming the average forecast for the consumer cyclical stocks sector (4.57%) and outperforming the packaging & containers stocks industry (16.60%).

What is the breakdown of analyst ratings for O-I Glass over the past three months?

  • January 2025: 10.00% Strong Buy, 60.00% Buy, 30.00% Hold, 0% Sell, 0% Strong Sell.
  • December 2024: 10.00% Strong Buy, 60.00% Buy, 30.00% Hold, 0% Sell, 0% Strong Sell.
  • November 2024: 10.53% Strong Buy, 31.58% Buy, 52.63% Hold, 5.26% Sell, 0% Strong Sell.

What is O-I Glass’s EPS forecast?

O-I Glass's average annual EPS forecast for its fiscal year ending in December is 0.78 for 2024, a -45.07% decrease from the reported $1.42 in 2023. The prediction for 2025 is $1.44, $1.89 for 2026, and $2.05 for 2027.

What is O-I Glass’s revenue forecast?

O-I Glass's average annual revenue forecast for its fiscal year ending in December is $6.6B for 2024, a -7.12% decrease from the reported $7.1B in 2023. The forecast for 2025 is $6.55B, $6.57B for 2026, and $6.98B for 2027.

What is O-I Glass’s net income forecast?

For its fiscal year ending in December, O-I Glass's average annual net income forecast is $120.78M for 2024, reflecting a -44.85% decrease from the reported $219M in 2023. The projection for 2025 is $221.22M, $292.55M for 2026, and $317.03M for 2027.