O-I Glass, Inc. (OI)
NYSE: OI · IEX Real-Time Price · USD
12.69
+0.06 (0.48%)
May 31, 2024, 4:00 PM EDT - Market closed
O-I Glass Stock Forecast
Stock Price Forecast
The 8 analysts with 12-month price forecasts for O-I Glass stock have an average target of 19.25, with a low estimate of 15 and a high estimate of 26. The average target predicts an increase of 51.69% from the current stock price of 12.69.
Analyst Consensus: Buy
Analyst Ratings
The average analyst rating for O-I Glass stock from 8 stock analysts is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.
Recommendation Trends
| Rating | Dec '23 | Jan '24 | Feb '24 | Mar '24 | Apr '24 | May '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 2 | 2 | 2 | 2 | 2 | 2 |
| Buy | 3 | 3 | 3 | 3 | 3 | 3 |
| Hold | 3 | 3 | 2 | 2 | 3 | 3 |
| Sell | 1 | 1 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 9 | 9 | 7 | 7 | 8 | 8 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Barclays | Barclays | Hold Maintains $18 → $15 | Hold | Maintains | $18 → $15 | +18.20% | May 6, 2024 |
| RBC Capital | RBC Capital | Buy Maintains $25 → $21 | Buy | Maintains | $25 → $21 | +65.48% | May 2, 2024 |
| Wells Fargo | Wells Fargo | Buy Maintains $22 → $19 | Buy | Maintains | $22 → $19 | +49.72% | May 2, 2024 |
| Truist Securities | Truist Securities | Strong Buy Reiterates $20 → $17 | Strong Buy | Reiterates | $20 → $17 | +33.96% | May 2, 2024 |
| Baird | Baird | Buy Maintains $28 → $22 | Buy | Maintains | $28 → $22 | +73.36% | May 2, 2024 |
Financial Forecast
Revenue This Year
7.06B
from 7.11B
Decreased by -0.65%
Revenue Next Year
7.25B
from 7.06B
Increased by 2.73%
EPS This Year
1.78
from -0.67
EPS Next Year
2.29
from 1.78
Increased by 28.59%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 7.4B | 7.6B | 7.9B | 7.5B | 7.6B |
| Avg | 7.1B | 7.3B | 7.4B | 7.4B | 7.5B |
| Low | 6.4B | 6.5B | 6.9B | 7.0B | 7.1B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 4.2% | 8.1% | 8.3% | 1.0% | 3.5% |
| Avg | -0.6% | 2.7% | 2.3% | -0.9% | 1.5% |
| Low | -9.6% | -7.5% | -5.3% | -5.7% | -3.4% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 1.97 | 2.57 | 2.73 | 2.73 | 2.90 |
| Avg | 1.78 | 2.29 | 2.47 | 2.68 | 2.84 |
| Low | 1.47 | 2.01 | 2.23 | 2.55 | 2.70 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | - | 44.3% | 19.2% | 10.7% | 8.2% |
| Avg | - | 28.6% | 7.8% | 8.6% | 6.2% |
| Low | - | 12.9% | -2.4% | 3.3% | 1.0% |
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.