Wells Fargo lowers O-I Glass target to USD 10: O-I Glass stock trades
Published on 10/20/2026 at 20:42 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWSAnalyst target and earnings date
- Wells Fargo lowered its O-I Glass target from USD 12.00 to USD 10.00 on October 19, 2026.
- O-I Glass will release third-quarter results after the market closes on October 27, 2026.
- O-I Glass stock costs EUR 5.22 at Lang & Schwarz on October 20, 2026 at 8:37 p.m. CEST, 1.04 percent below the Frankfurt close of EUR 5.28 on October 19, 2026.
Wells Fargo lowered its O-I Glass price target from USD 12.00 to USD 10.00 on October 19, 2026, while maintaining an Overweight rating, according to ScanX. The USD 10.00 target lies 70.36 percent above the NYSE price of USD 5.87 on October 20, 2026. O-I Glass stock was trading at EUR 5.22 at Lang & Schwarz on October 20, 2026 at 8:37 p.m. CEST, down 1.04 percent versus the Frankfurt close of EUR 5.28 on October 19, 2026.
Target cut meets an earnings date
The Wells Fargo revision keeps a positive rating but reduces the target by USD 2.00, a 16.67 percent cut from USD 12.00. The next scheduled corporate event is the third-quarter earnings release after the market closes on October 27, followed by the conference call on October 28 at 8:00 a.m. EDT, according to O-I Glass.
What does the price position show?
The Frankfurt listing's 52-week range was EUR 4.77 to EUR 14.10 as of October 20, 2026. The Lang & Schwarz price stood 9.39 percent above the range low and 63.00 percent below its high. On the NYSE, O-I Glass was last quoted at USD 5.87 at 2:41 p.m. EDT, with a market capitalization of USD 901.2 million.
Quarterly figures remain central
O-I Glass reported second-quarter 2026 revenue of USD 1.67 billion, down 2.20 percent from the prior year and below the USD 1.68 billion consensus estimate, according to MarketBeat. The same report said earnings per share were USD 0.09, versus USD 0.24 expected. The revenue comparison gives the October earnings release a clear test: investors will be looking for evidence that sales pressure is easing.
Comparison with peers
O-I Glass: down 1.04 percent versus the Frankfurt close, P/E -0.78, market capitalization USD 901.2 million.
Silgan Holdings: down 0.32 percent on October 20, 2026, P/E 15.72, market capitalization USD 4.2 billion.
Crown Holdings: down 2.11 percent on October 20, 2026, P/E 15.65, market capitalization USD 12.2 billion.
Investor view before results
The analyst target remains materially above the NYSE quote, but the revised level and the upcoming results place execution at the center of the stock story. O-I Glass was trading at EUR 5.22 at Lang & Schwarz on October 20, 2026 at 8:37 p.m. CEST, 1.04 percent below the Frankfurt close of EUR 5.28 on October 19, 2026. The further course of trading is shown by the continuously updated real-time quote of O-I Glass stock.
O-I Glass stock facts
- Company: O-I Glass, Inc.
- ISIN: US67098H1041
- Ticker: OI
- Primary exchange: NYSE
- Price Lang & Schwarz (as of October 20, 2026, 8:37 p.m. CEST): EUR 5.22
- Change versus Frankfurt close: minus 1.04 percent
- Frankfurt close (October 19, 2026): EUR 5.28
- Market capitalization: USD 901.2 million (as of October 20, 2026)
- 52-week range: EUR 4.77-14.10 (as of October 20, 2026)
- Sector / Industry: Consumer Cyclical / Packaging and Containers
Market context: Market report S&P 500.
