O-I Glass, Inc. (OI)
NYSE: OI · Real-Time Price · USD
12.44
-0.30 (-2.35%)
At close: Oct 29, 2024, 4:00 PM
10.55
-1.89 (-15.19%)
After-hours: Oct 29, 2024, 7:57 PM EDT
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 16.63, with a low estimate of 14 and a high estimate of 18. The average target predicts an increase of 33.68% from the current stock price of 12.44.
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 | May '24 | Jun '24 | Jul '24 | Aug '24 | Sep '24 | Oct '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 2 | 2 | 2 | 2 | 2 | 3 |
| Buy | 3 | 3 | 3 | 3 | 3 | 3 |
| Hold | 3 | 3 | 3 | 3 | 3 | 2 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 8 | 8 | 8 | 8 | 8 | 8 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| B of A Securities | B of A Securities | Hold → Strong Buy Upgrades $14 → $16 | Hold → Strong Buy | Upgrades | $14 → $16 | +28.62% | Oct 17, 2024 |
| Citigroup | Citigroup | Hold Maintains $14 → $15 | Hold | Maintains | $14 → $15 | +20.58% | Oct 2, 2024 |
| RBC Capital | RBC Capital | Buy Maintains $20 → $18 | Buy | Maintains | $20 → $18 | +44.69% | Aug 5, 2024 |
| Barclays | Barclays | Hold Maintains $15 → $14 | Hold | Maintains | $15 → $14 | +12.54% | Aug 1, 2024 |
| Truist Securities | Truist Securities | Strong Buy Reiterates $17 → $16 | Strong Buy | Reiterates | $17 → $16 | +28.62% | Aug 1, 2024 |
Financial Forecast
Revenue This Year
6.98B
from 7.11B
Decreased by -1.75%
Revenue Next Year
7.19B
from 6.98B
Increased by 3.01%
EPS This Year
1.18
from -0.67
EPS Next Year
1.97
from 1.18
Increased by 66.81%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 7.3B | 7.6B | 7.6B | ||
| Avg | 7.0B | 7.2B | 7.3B | ||
| Low | 6.3B | 6.5B | 6.7B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 2.1% | 8.4% | 6.3% | ||
| Avg | -1.7% | 3.0% | 1.8% | ||
| Low | -11.5% | -6.3% | -6.5% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 1.32 | 2.31 | 2.75 | ||
| Avg | 1.18 | 1.97 | 2.36 | ||
| Low | 1.08 | 1.62 | 1.98 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | - | 95.6% | 39.7% | ||
| Avg | - | 66.8% | 19.8% | ||
| Low | - | 37.0% | 0.5% |
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.