
Owens-Illinois (OI) Stock Forecast & Price Target
Owens-Illinois (OI) Analyst Ratings
Bulls say
O-I Glass is poised for significant financial improvement with an expected EBITDA increase of $300–350 million by 2027, translating to approximately 30% growth from 2024 estimates. The company's strategic "Fit to Win" initiatives aim to boost profitability and free cash flow (FCF), targeting an adjusted EBITDA of over $1.45 billion and an FCF generation of 5%+ of sales by 2027. Additionally, O-I's expansion of its premium product portfolio, which offers margins exceeding 30% compared to mainstream products, is projected to capitalize on growing opportunities in the premium food and beverage sector.
Bears say
O-I Glass is facing significant financial challenges, evidenced by a decision to reduce production by approximately 18% in the third quarter and a subsequent negative impact on earnings due to lower fixed cost absorption. The company has revised its EBITDA forecasts downward for the fourth quarter and the next two fiscal years, reflecting headwinds from raw material price inflation, high foreign exchange exposure, and a structural shift in consumer preferences towards canned beverages. Moreover, the anticipated negative free cash flow of $150 million in 2024, combined with global economic weakness, raises concerns about O-I Glass's financial stability and operational performance.
This aggregate rating is based on analysts' research of Owens-Illinois and is not a guaranteed prediction by Public.com or investment advice.
Owens-Illinois (OI) Analyst Forecast & Price Prediction
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