B of A Securities has upgraded O-I Glass Inc (OI) from Neutral to Buy as of November 16, 2025. The current share price stands at $12.84.
This upgrade reflects a more optimistic outlook on O-I Glass's prospects, which may be indicative of improved fundamentals or enhanced confidence in the company’s strategic direction. O-I Glass, headquartered in Perrysburg, Ohio, operates in the packaging industry, focusing on the manufacturing of glass products. The firm employs approximately 21,000 people and produces a variety of glass containers for beverages and food items, selling most products under long-term supply agreements.
With a market capitalisation of $2.0 billion and a trailing twelve-month EPS of -0.94, the company is poised for upcoming earnings reports, with estimates of $0.59 EPS and $1.8 billion in revenue for July 26, 2026, and $0.43 EPS with $1.6 billion in revenue for April 26, 2026.
Analyst consensus as of November 1, 2025, indicates a Buy rating, with 4 Strong Buy, 8 Buy, 5 Hold, and 1 Sell ratings among 18 analysts. Recent analyst actions include the upgrade from B of A Securities and maintenance of ratings from other firms, suggesting a cautious but positive sentiment in the market.
Such decisions reflect a broader assessment of O-I Glass's performance, which has shown surprises in recent quarters, including a 10.4% positive surprise in Q3 2025.