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
* 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 '23 | Nov '23 | Dec '23 | Jan '24 | Feb '24 | Mar '24 |
---|---|---|---|---|---|---|
Strong Buy | 2 | 2 | 2 | 2 | 2 | 2 |
Buy | 3 | 3 | 3 | 3 | 3 | 3 |
Hold | 3 | 3 | 3 | 3 | 2 | 2 |
Sell | 1 | 1 | 1 | 1 | 0 | 0 |
Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
Total | 9 | 9 | 9 | 9 | 7 | 7 |
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 | Strong Buy → Hold Downgrades $17 → $18 | Strong Buy → Hold | Downgrades | $17 → $18 | +8.50% | Jan 3, 2024 |
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%
Revenue Forecast
Revenue | 2024 | 2025 | 2026 | 2027 |
---|---|---|---|---|
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 | 2024 | 2025 | 2026 | 2027 |
---|---|---|---|---|
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 | 2024 | 2025 | 2026 | 2027 |
---|---|---|---|---|
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 | 2024 | 2025 | 2026 | 2027 |
---|---|---|---|---|
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.