O-I Glass, Inc. (OI)
NYSE: OI · IEX Real-Time Price · USD
16.59
+0.40 (2.47%)
Mar 28, 2024, 4:00 PM EDT - Market closed

O-I Glass Stock Forecast

Stock Price Forecast

The 6 analysts with 12-month price forecasts for O-I Glass stock have an average target of 24.33, with a low estimate of 18 and a high estimate of 32. The average target predicts an increase of 46.65% from the current stock price of 16.59.

Analyst Consensus: Buy
Target Low Average Median High
Price $18 $24.33 $26 $32
Change +8.50% +46.65% +56.72% +92.89%
* Price targets were last updated on Feb 13, 2024.

Analyst Ratings

The average analyst rating for O-I Glass stock from 7 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 Oct '23Nov '23Dec '23Jan '24Feb '24Mar '24
Strong Buy 222222
Buy 333333
Hold 333322
Sell 111100
Strong Sell 000000
Total 999977

Latest Forecasts

Analyst Firm Rating Rating Action Price Target Upside Date
Truist Securities
Truist Securities
Strong Buy
Reiterates
n/a
Strong Buy Reiterates n/a n/a Mar 25, 2024
Barclays
Barclays
Hold
Maintains
$16$18
Hold Maintains $16$18 +8.50% Feb 13, 2024
UBS
UBS
Strong Buy
Initiates
$26
Strong Buy Initiates $26 +56.72% Jan 16, 2024
Truist Securities
Truist Securities
Strong Buy
Maintains
$21$22
Strong Buy Maintains $21$22 +32.61% Jan 4, 2024
Citigroup
Citigroup
Hold
Downgrades
$17$18
Hold Downgrades $17$18 +8.50% Jan 3, 2024
More Analyst Ratings

Financial Forecast

Revenue This Year
7.38B
from 7.11B
Increased by 3.93%
Revenue Next Year
7.56B
from 7.38B
Increased by 2.41%
EPS This Year
2.47
from -0.67
EPS Next Year
2.81
from 2.47
Increased by 13.72%
Year 201920202021202220232024202520262027
Revenue
6.69B6.09B6.36B6.86B7.11B7.38B7.56B7.68B7.88B
Revenue Growth
-2.70%-8.97%4.37%7.85%3.63%3.93%2.41%1.61%2.52%
EPS
-2.581.570.933.67-0.672.472.813.153.23
EPS Growth
---40.76%294.62%--13.72%11.84%2.83%
No. Analysts -----131384
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue 2024202520262027
High 7.9B 8.0B 8.1B 8.0B
Avg 7.4B 7.6B 7.7B 7.9B
Low 6.8B 6.9B 7.0B 7.5B

Revenue Growth

Revenue Growth 2024202520262027
High
10.6%
8.5%
7.6%
4.5%
Avg
3.9%
2.4%
1.6%
2.5%
Low
-3.6%
-6.4%
-7.2%
-2.4%

EPS Forecast

EPS 2024202520262027
High 2.66 3.09 3.57 3.30
Avg 2.47 2.81 3.15 3.23
Low 2.21 2.50 2.79 3.08

EPS Growth

EPS Growth 2024202520262027
High -
24.8%
26.9%
4.8%
Avg -
13.7%
11.8%
2.8%
Low -
1.1%
-0.8%
-2.2%
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.