O-I Glass (OI) AI Stock Analysis

• Market Cap: $2.33B
• Dividend Yield: N/A
• Average Volume (3M): 1.49M
• Price to Earnings (P/E): ―
• Beta (1Y): 1.01
• Revenue Growth: -5.29%
• EPS Growth: 18.22%
• Country: US
• Employees: 21,000
• Sector: Consumer Cyclical
• Sector Strength: 60
• Industry: Packaging & Containers
• EPS (TTM): 0.40
• Shares Outstanding: 154,683,070
• 10 Day Avg. Volume: 2,341,739
• 30 Day Avg. Volume: 1,493,676
• PEG Ratio: 0.14
• Price to Book (P/B): 2.08
• Price to Sales (P/S): 0.00
• P/FCF Ratio: 61.30
• Enterprise Value/Market Cap: 2.97
• Enterprise Value/Revenue: 0.26
• Enterprise Value/Gross Profit: 6.90
• Enterprise Value/Ebitda: 2.51
• 1Y Price Target: $15.25
• Price Target Upside: 1.26% Upside
• Rating Consensus: Moderate Buy
• Number of Analyst Covering: 8

• Rating: 65 Neutral
• Price Target: ―

The overall stock score of O-I Glass is driven primarily by strong technical indicators and positive earnings call sentiment, despite a challenging financial performance and unattractive valuation. The company's robust cash flow generation and strategic cost-saving initiatives support its operational stability, while technical indicators suggest bullish momentum. However, the negative P/E ratio and high leverage highlight areas of concern.

Positive Factors

Financial Performance

Raising the target price to $14 reflects strong first-quarter results and a reiterated outlook for 2025.

Strategic Initiatives

OI's transformation appears on track with self-help initiatives driving operational improvements that will help make OI more competitive both in glass and vs cans.

Negative Factors

Market Conditions

O-I Glass's EV/EBITDA multiple has compressed due to weak volume and earnings trends, adding pressure on the company's profit and cash flow.

Tariff Uncertainty

O-I is taking a potentially conservative approach due to heightened tariff uncertainty, impacting 4.5% of sales.

O-I Glass Business Overview & Revenue Model

Company Description

O-I Glass, Inc. (OI) is a global leader in the design, production, and sale of glass containers for food and beverage products. The company operates in the manufacturing sector, primarily serving industries such as beer, wine, spirits, non-alcoholic beverages, food, and pharmaceuticals. With a commitment to sustainability and innovation, O-I Glass provides high-quality, environmentally friendly glass packaging solutions to its customers worldwide.

How the Company Makes Money

O-I Glass makes money through the manufacturing and sale of glass containers to a diverse range of industries, including food and beverage, which represent the majority of its customer base. The company's revenue streams primarily consist of direct sales contracts with major brands and manufacturers in these sectors. Additionally, O-I Glass benefits from long-term partnerships and supply agreements with key customers, which help ensure a steady demand for its products. The company also invests in technological advancements and sustainable practices to maintain its competitive edge and enhance its market appeal. Factors such as global production capacity, operational efficiencies, and strategic pricing contribute to O-I Glass's earnings.

O-I Glass Financial Statement Overview

Summary

O-I Glass faces challenges with declining profitability and high leverage, affecting its income statement and balance sheet performance. However, strong cash flow generation provides operational stability. Improving margins and debt management could enhance financial health.

Income Statement

O-I Glass shows a declining trend in revenue and profitability metrics, with significant drops in gross profit and EBIT margins over the years. The TTM data reflects a negative net income, impacting net profit margins adversely. Despite past revenue growth, recent figures indicate challenges in maintaining profitability.

Balance Sheet

The company's balance sheet shows moderate leverage with a debt-to-equity ratio indicating a high level of debt compared to equity. ROE has been negative recently due to net losses. The equity ratio is relatively stable, suggesting some level of financial stability amidst high liabilities.

Cash Flow

O-I Glass demonstrates strong cash flow generation capabilities, with positive free cash flow in the TTM. The operating cash flow to net income ratio is favorable, reflecting operating efficiency. However, fluctuations in capital expenditures and free cash flow in prior years highlight potential volatility in cash management.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	6.50B	6.53B	7.11B	6.86B	6.36B	6.09B
Gross Profit	1.00B	1.04B	1.50B	1.21B	1.09B	972.00M
EBITDA	741.00M	859.00M	892.00M	1.44B	949.00M	1.03B
Net Income	-193.00M	-106.00M	-103.00M	584.00M	149.00M	249.00M
Balance Sheet
Total Assets	8.73B	8.65B	9.67B	9.06B	8.83B	8.88B
Cash, Cash Equivalents and Short-Term Investments	424.00M	734.00M	913.00M	773.00M	725.00M	563.00M
Total Debt	5.01B	4.97B	5.17B	4.72B	4.83B	5.14B
Total Liabilities	7.48B	7.45B	7.92B	7.53B	8.01B	8.48B
Stockholders Equity	1.11B	1.08B	1.61B	1.53B	827.00M	401.00M
Cash Flow
Free Cash Flow	38.00M	-128.00M	130.00M	-385.00M	289.00M	146.00M
Operating Cash Flow	577.00M	489.00M	818.00M	154.00M	687.00M	457.00M
Investing Cash Flow	-525.00M	-620.00M	-683.00M	-97.00M	-220.00M	93.00M
Financing Cash Flow	-13.00M	-8.00M	-27.00M	35.00M	-273.00M	-557.00M

O-I Glass Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 15.06
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Negative
• RSI: Neutral
• STOCH: Negative

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For OI, the sentiment is Positive. The current price of 15.06 is above the 20-day moving average (MA) of 13.86, above the 50-day MA of 13.20, and above the 200-day MA of 12.15, indicating a bullish trend. The MACD of 0.53 indicates Negative momentum. The RSI at 66.51 is Neutral, neither overbought nor oversold. The STOCH value of 88.42 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for OI.

O-I Glass Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
SLGN	74 Outperform	$5.82B	20.16	14.52%	1.47%	1.99%	-5.30%
CCK	73 Outperform	$12.05B	22.24	21.30%	1.00%	0.90%	34.40%
SEE	68 Neutral	$4.60B	15.09	43.40%	2.56%	-2.45%	-16.55%
SON	68 Neutral	$4.32B	28.48	5.54%	4.84%	-4.58%	-61.14%
OI	65 Neutral	$2.33B	―	-13.85%	―	-5.29%	18.22%
GPK	64 Neutral	$6.34B	10.30	20.62%	2.09%	-6.28%	-7.43%
Sector *	61 Neutral	AU$2.78B	25.79	5.01%	5.27%	2.63%	-29.95%

O-I Glass Corporate Events

O-I Glass CFO to Present at Wells Fargo Conference

On June 11, 2025, O-I Glass‘s Chief Financial Officer, John Haudrich, is set to present at the Wells Fargo 2025 Industrials and Materials Conference, where he will reaffirm the company’s 2025 guidance. The presentation will be available via a live webcast, with a replay accessible for 90 days. This event underscores O-I Glass’s commitment to maintaining transparency with stakeholders and its strategic focus on optimizing operations and enhancing shareholder value.

The most recent analyst rating on (OI) stock is a Hold with a $12.00 price target. To see the full list of analyst forecasts on O-I Glass stock, see the OI Stock Forecast page.

O-I Glass Shareholders Approve Key Proposals at Annual Meeting

On May 14, 2025, O-I Glass, Inc. held its Annual Meeting where shareholders voted on several key proposals. All nominees for the Board of Directors were elected for a one-year term, Ernst & Young LLP was ratified as the independent registered public accounting firm, and the Fifth Amended and Restated 2017 Incentive Award Plan was approved. Additionally, the compensation for the company’s named executive officers received advisory approval.

The most recent analyst rating on (OI) stock is a Hold with a $12.00 price target. To see the full list of analyst forecasts on O-I Glass stock, see the OI Stock Forecast page.