Otis Worldwide Corporation (OTIS)
| Market Cap | 27.39B -19.3% |
| Revenue (ttm) | 14.91B +5.2% |
| Net Income | 1.52B +0.2% |
| EPS | 3.89 +2.8% |
| Shares Out | 380.67M |
| PE Ratio | 18.49 |
| Forward PE | 16.76 |
| Dividend | $1.76 (2.45%) |
| Ex-Dividend Date | Aug 14, 2026 |
| Volume | 3,384,513 |
| Open | 71.56 |
| Previous Close | 71.69 |
| Day's Range | 70.83 - 72.11 |
| 52-Week Range | 69.16 - 94.57 |
| Beta | 0.89 |
| Analysts | Buy |
| Price Target | 90.50 (+25.78%) |
| Earnings Date | Jul 22, 2026 |
About OTIS
Otis Worldwide Corporation engages in manufacturing, installation, and servicing of elevators and escalators in the United States, China, and internationally. The company operates in two segments, New Equipment and Service. The New Equipment segment designs, manufactures, sells, and installs a range of passenger and freight elevators, as well as escalators and moving walkways for residential and commercial buildings, and infrastructure projects. This segment serves real-estate and building developers, and general contractors. It sells its produ... [Read more]
Financial Performance
In 2025, Otis Worldwide's revenue was $14.43 billion, an increase of 1.19% compared to the previous year's $14.26 billion. Earnings were $1.38 billion, a decrease of -15.87%.
Financial StatementsAnalyst Summary
According to 14 analysts, the average rating for OTIS stock is "Buy." The 12-month stock price target is $90.5, which is an increase of 25.78% from the latest price.
News
Otis Worldwide price target lowered to $90 from $98 at RBC Capital
RBC Capital lowered the firm’s price target on Otis Worldwide (OTIS) to $90 from $98 and keeps an Outperform rating on the shares. The company’s Q2 results included another downgrade…
Otis Declares Quarterly Dividend of $0.44 per Share
FARMINGTON, Conn., July 23, 2026 /PRNewswire/ -- The Otis Worldwide Corporation (NYSE: OTIS) Board of Directors today declared a quarterly dividend of $0.44 per share of Otis' common stock.
Otis Worldwide price target lowered to $95 from $100 at Evercore ISI
Evercore ISI analyst Alexander Virgo lowered the firm’s price target on Otis Worldwide (OTIS) to $95 from $100 and keeps an Outperform rating on the shares.
Otis Worldwide price target lowered to $90 from $97 at Bernstein
Bernstein lowered the firm’s price target on Otis Worldwide (OTIS) to $90 from $97 and keeps an Outperform rating on the shares. The firm notes Otis had a rough print.
Otis Worldwide Earnings Call Transcript: Q2 2026
Q2 2026 saw strong organic sales growth, especially in service and modernization, but margins declined due to cost and productivity headwinds. Guidance was revised down for operating profit and EPS, but service margins are expected to expand by year-end as investments in quality and operational initiatives take hold.
Otis Worldwide Earnings release: Q2 2026
Otis Worldwide released its Q2 2026 earnings on July 22, 2026, summarizing the period's financial results.
Otis Worldwide Slides: Q2 2026
Otis Worldwide has posted slides in relation to its Q2 2026 quarterly earnings report, which was published on July 22, 2026.
Otis Worldwide Quarterly report: Q2 2026
Otis Worldwide has published its Q2 2026 quarterly earnings report on July 22, 2026.
Otis Worldwide cuts FY26 adjusted EPS view to $4.01-$4.05 from $4.20-$4.24
Consensus $4.19. Backs FY26 revenue view $15.1B-$15.3B, consensus $15.12B. Lowers FY26 adjusted free cash flow view to $1.5B-$1.55B from $1.6B-$1.65B. Lowers FY26 adjusted operating profit view to $2....
Otis Worldwide reports Q2 adjusted EPS $1.01, consensus $1.01
Reports Q2 revenue $3.86B, consensus $3.75B. “Otis delivered a solid quarter, with net sales up 7%, supported by growth across all Service lines and sequential improvement in New Equipment trends.
OTIS REPORTS SECOND QUARTER 2026 RESULTS
Otis delivers organic Service sales growth of 9% matching the highest level since spin with strong double-digit growth in modernization and repair and accelerating maintenance trends Second quarter 20...
Otis Brazil Completes Elevator Modernization at Christ the Redeemer; Begins Installing New Escalators, Inclined Elevators to Improve Accessibility to Monument
22 years after installation, the Otis elevators and escalators at the monument are being upgraded to enhance performance and accessibility for all visitors, particularly people with limited mobility. ...
Otis Second Quarter 2026 Earnings Advisory
FARMINGTON, Conn., July 1, 2026 /PRNewswire/ -- Otis Worldwide Corporation (NYSE: OTIS) will host a conference call on Wednesday, July 22, 2026, at 8:30 a.m.
Otis introduces Gen3™ elevator modernisation solutions in EMEA
Enables building owners to improve the safety and reliability of their elevators and provide better passenger experience. Suitable for elevators already equipped with belts; and offers options to tran...
Otis Worldwide named short-term sell idea at Deutsche Bank
Deutsche Bank analyst Nicole Deblase placed a “Catalyst call: Sell” on shares of Otis Worldwide (OTIS) as a short-term investment idea. The firm does not believe the company’s full-year guidance…
Otis Worldwide initiated with an Outperform at Bernstein
Bernstein initiated coverage of Otis Worldwide (OTIS) with an Outperform rating and $97 price target The analyst, who says new product launches and cross-sell initiatives have shown “promising results...
Otis Worldwide Transcript: Transcript
Otis Worldwide Transcript: AGM 2026
The meeting covered board elections, executive compensation, auditor appointment, and a shareholder proposal on political spending transparency, which was rejected. Strategic updates addressed supply chain resilience and adaptation to market shifts, especially in China and the Middle East.
Otis Unveils New Commercial Escalator Modernization Packages
FARMINGTON, Conn., May 19, 2026 /PRNewswire/ -- Otis Worldwide Corporation (NYSE: OTIS), the world's leading elevator and escalator manufacturing, installation, service and modernization company, has ...
Elevator mechanics can make over $150,000, and this CEO says they can't hire them fast enough
Otis CEO Judy Marks says there's growing demand for skilled elevator mechanics around the world. Otis offers an apprenticeship program starting at age 18 and tuition perks for workers.
Otis Worldwide Proxy statement: Proxy filing
Otis Worldwide filed a proxy statement on May 7, 2026, providing details for shareholder voting and corporate governance matters.
Otis Announces Global Winners in 2026 Made to Move Communities™ Challenge
Students from schools in Athens, Greece and Hong Kong SAR win STEM and AI competition with concepts to help people during natural disasters FARMINGTON, Conn., May 6, 2026 /PRNewswire/ -- With their id...
Otis Worldwide price target lowered to $88 from $96 at Morgan Stanley
Morgan Stanley lowered the firm’s price target on Otis Worldwide (OTIS) to $88 from $96 and keeps an Equal Weight rating on the shares. The firm is updating and rolling…
Otis Worldwide price target lowered to $105 from $110 at RBC Capital
RBC Capital lowered the firm’s price target on Otis Worldwide (OTIS) to $105 from $110 but keeps an Outperform rating on the shares. The company reported a challenging Q1 and…