
Owens-Illinois (OI) Stock Forecast & Price Target
Owens-Illinois (OI) Analyst Ratings
Bulls say
O-I Glass is the largest global manufacturer of glass containers, with strong relationships with key customers such as Anheuser-Busch, InBev, and PepsiCo. Despite current challenges in the glass container market, the company is making progress in its Fit to Win cost savings program and remains optimistic about the potential for improvements in alcohol and food consumption, as well as improvements in macroeconomic conditions. However, investors may be discouraged by the company's delays in deleveraging and the challenges in growing its glass packaging volumes in the US.
Bears say
O-I Glass is facing significant price and cost pressures in Europe due to oversupply and higher energy costs, with the recent production of a new furnace by competitors adding an additional 2.5% to annual glass container production in Italy. This could result in challenged pricing until more industry supply comes offline, and the company is also facing $225-$250M of FY26 energy headwinds. Additionally, there are risks to the company's rating and price target including raw material price inflation, FX exposure, shifting consumer preferences to cans, high leverage, and global economic weakness. In light of these factors, the analyst has downgraded O-I Glass to a Sector Perform rating and lowered their price target to $8, citing limited organic growth potential and persistent headwinds.
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
Start investing in Owens-Illinois (OI)
Order type
Buy in
Order amount
Est. shares
0 shares