O-I Glass

Citi upgraded its rating for O-I Glass from "Neutral" to "Buy" and raised the price target from $8.00 to $9.00, after which the stock rose 6.6% in premarket trading. The bank views the risk-reward profile as favorable at the currently low price level, after the stock lost more than 52% over the past 12 months and was trading near its 52-week low. O-I Glass showed continued strength in its Americas business in the second quarter, while restructuring pressure in Europe continued to weigh. » Mais em de.investing.com

O-I Glass shares fell to a new 52-week low of $6.61; the stock is down about 54% year-to-date and the company has a market capitalization of roughly $1.03 billion. In Q2 2026 results missed expectations with adjusted EPS of $0.09 (expectation $0.29) and revenue of $1.67 billion (expectation $1.70 billion); Europe suffered from price pressure and high energy costs, while North and South America reported 22% operating profit growth. Analyst reactions: RBC cut its rating to "Sector Perform" citing volume and competitive risks in Europe, and Bank of America notes declining market share for glass packaging versus aluminum cans. Management remains confident in the long-term strategy despite the disappointing half-year results. » Mais em de.investing.com

O-I Glass shares hit a 52-week low of $6.96 (currently $6.98), about 58% below the year high of $16.91 and down 45.71% year-to-date. InvestingPro classifies the stock as undervalued and gives a fair value of $9.63. O-I Glass missed Q2 expectations with adjusted earnings of $0.09 per share (expectation $0.29) and revenue of $1.67 billion (expectation $1.70 billion); the company was weighed down mainly in Europe by pricing pressure and higher energy costs. The Americas segment, by contrast, showed operating growth of 22%, while an unusually high adjusted tax rate reduced results by $0.18 per share. » Mais em de.investing.com