Should I Buy OI? OI 2026 Analysis

Should You Buy O-I Glass Inc (OI) Today? Analysis, Price Targets, and 2026 Outlook.

Conclusion

Hold

Latest Price

15.030

1 Day change

-1.18%

52 Week Range

16.040

Analysis Updated At

2026/01/26

O-I Glass Inc (OI) is not a strong buy at the moment for a beginner investor with a long-term strategy. While there are some positive catalysts such as improved gross margins and recent analyst upgrades, the company's financial performance has significantly deteriorated in the latest quarter, with revenue, net income, and EPS all declining sharply. Additionally, technical indicators and options data do not signal a strong bullish trend. Given the investor's preference for long-term investment, it would be prudent to wait for clearer signs of recovery or stronger growth momentum before entering a position.

Technical Analysis

The MACD histogram is negative (-0.0669) and contracting, suggesting weak momentum. RSI is neutral at 58.085, indicating no clear overbought or oversold conditions. Moving averages are converging, showing no strong trend. Key resistance is at 15.915, and support is at 14.959, with the stock price currently near resistance levels.

Options Data

Bullish

Open Interest Put-Call Ratio

Bullish

Option Volume Put-Call Ratio

Technical Summary

Sell

Buy

Positive Catalysts

Gross margin increased by 42.28% YoY in Q3
Recent analyst upgrades with higher price targets (e.g., Truist raised to $21, Wells Fargo upgraded to Overweight).
Modest growth expected in beverage cans in North America and Europe.

Neutral/Negative Catalysts

Revenue dropped by -1.55% YoY, net income dropped by -137.50% YoY, and EPS dropped by -136.54% YoY in Q3
No significant hedge fund or insider trading trends.
No recent news or event-driven catalysts.
Stock trend analysis shows a 40% chance of a slight decline in the short term (-2.15% next day, -1.55% next week).

Financial Performance

In Q3 2025, revenue dropped to $1.653 billion (-1.55% YoY), net income dropped to $30 million (-137.50% YoY), and EPS dropped to $0.19 (-136.54% YoY). However, gross margin improved to 17.97% (+42.28% YoY).

Growth

Profitability

Efficiency

Analyst Ratings and Price Target Trends

Analysts are moderately positive on O-I Glass, with recent upgrades and price target increases. Truist raised the price target to $21 with a Buy rating, Wells Fargo upgraded to Overweight with an $18 target, and Citi raised its target to $17 but maintained a Neutral rating. Analysts highlight self-help driven profit growth but note challenges in packaging volumes and a lack of near-term catalysts.

5 Analyst Rating

Wall Street analysts forecast OI stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for OI is 18.2 USD with a low forecast of 17 USD and a high forecast of 21 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.

4 Buy

1 Hold

0 Sell

Strong Buy

Current: 15.210

Low

Averages

18.2

High

Current: 15.210

Low

Averages

18.2

High

Truist

Buy

maintain

$17 -> $21

AI Analysis

2026-01-06

Reason

Truist

Price Target

$17 -> $21

AI Analysis

2026-01-06

maintain

Buy

Reason

Truist raised the firm's price target on O-I Glass to $21 from $17 and keeps a Buy rating on the shares. Early 2026 is expected to see modestly challenged packaging volumes due to limited promotions, though some CPGs are successfully driving volume while retaining price gains, the analyst tells investors in a research note. Beverage cans should continue growing in North America and Europe, and containerboard producers are likely to implement price increases successfully thanks to disciplined supply management, the firm says.

Citi

Neutral

maintain

$14 -> $17

2026-01-06

Reason

Citi

Price Target

$14 -> $17

2026-01-06

maintain

Neutral

Reason

Citi raised the firm's price target on O-I Glass to $17 from $14 and keeps a Neutral rating on the shares. The firm updated estimates targets in the packing group as part of its 2026 outlook. The volume setup for the group remains challenging in 2026, the analyst tells investors in a research note.

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OI Should I Buy

OI Should I Buy

Should You Buy O-I Glass Inc (OI) Today? Analysis, Price Targets, and 2026 Outlook.

Technical Analysis

Options Data

Technical Summary

Positive Catalysts

Neutral/Negative Catalysts

Financial Performance

Growth

Profitability

Efficiency

Analyst Ratings and Price Target Trends

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