Otis Worldwide Corporation (OTIS)
| Market Cap | 28.13B -24.9% |
| Revenue (ttm) | 14.65B +3.3% |
| Net Income | 1.48B -3.5% |
| EPS | 3.76 -1.6% |
| Shares Out | 383.72M |
| PE Ratio | 19.46 |
| Forward PE | 17.17 |
| Dividend | $1.76 (2.40%) |
| Ex-Dividend Date | May 15, 2026 |
| Volume | 817,171 |
| Open | 73.56 |
| Previous Close | 73.24 |
| Day's Range | 72.84 - 73.92 |
| 52-Week Range | 72.51 - 101.42 |
| Beta | 0.94 |
| Analysts | Hold |
| Price Target | 98.86 (+34.83%) |
| Earnings Date | Apr 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 8 analysts, the average rating for OTIS stock is "Hold." The 12-month stock price target is $98.86, which is an increase of 34.83% from the latest price.
News
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…
Otis Worldwide price target lowered to $77 from $80 at Barclays
Barclays analyst Julian Mitchell lowered the firm’s price target on Otis Worldwide (OTIS) to $77 from $80 and keeps an Underweight rating on the shares. The firm expects a “subdued”…
Otis Worldwide Earnings Call Transcript: Q1 2026
Organic sales rose 1% in Q1 2026, led by 5% service growth and strong modernization demand. Adjusted operating profit and margins declined due to investments and mix, but sequential improvement is expected, with full-year guidance reaffirmed for sales, profit, and EPS.
Otis Worldwide sees FY26 adjusted EPS $4.20-$4.24, consensus $4.24
Narrows FY26 revenue view to $15.1B-$15.3B from $15B-$15.3B, consensus $15.05B. Narrows FY26 adjusted free cash flow view to $1.6B-$1.65B from $1.6B-$1.67B. Narrows FY26 adjusted operating profit view...
Otis Worldwide reports Q1 adjusted EPS 89c, consensus 90c
Reports Q1 revenue $3.57B, consensus $3.51B. “Otis delivered a solid quarter, with net sales up 6%. All Service lines of business grew, led by repair which grew 16% at actual…
OTIS REPORTS FIRST QUARTER 2026 RESULTS
Otis delivers net sales growth of 6%, driven by Service with growth in all lines of business, led by repair Net sales up 6% and organic sales up 1%, driven by Service net sales up 11% with organic sal...
Otis Worldwide increases dividend per share 5% to 44c
The Otis Worldwide (OTIS) Board of Directors declared a quarterly dividend of 44c per share of Otis’ common stock, representing a 5% increase. The dividend will be payable on June…
Otis Announces 5 Percent Increase in Quarterly Dividend to $0.44 per Share
FARMINGTON, Conn., April 21, 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, represent...
Otis Launches Robust™ Heavy-Duty Elevator Range for Data Centers and Mission-Critical Infrastructure
Meets the readiness, scale and reliability demands of today's fast‑growing data center and infrastructure needs Engineered and ready now for facilities that require fast delivery of high capacity and ...
Otis Worldwide acquires majority stake in WeMaintain
Otis Worldwide (OTIS) and WeMaintain announced that they have closed an agreement under which Otis will acquire a majority stake in WeMaintain, a technology-enabled service company for the elevator an...
Otis Takes Majority Stake in WeMaintain, Supporting Growth and Innovation in Service Technology
FARMINGTON, Conn., April 13, 2026 /PRNewswire/ -- Otis Worldwide Corporation (NYSE: OTIS), the world's leading company for elevator and escalator manufacturing, installation, service and modernization...
Otis Worldwide initiated with an Outperform at Evercore ISI
Evercore ISI initiated coverage of Otis Worldwide (OTIS) with an Outperform rating and $100 price target The company’s sales are reaccelerating while its margins are expanding, the analyst tells inves...
Otis Worldwide downgraded to Peer Perform from Outperform at Wolfe Research
Wolfe Research analyst Nigel Coe downgraded Otis Worldwide (OTIS) to Peer Perform from Outperform without a price target The firm says the company’s “negative” first half of 2026 earnings update…
Otis Worldwide price target lowered to $80 from $92 at Wells Fargo
Wells Fargo analyst…
Otis First Quarter 2026 Earnings Advisory
FARMINGTON, Conn., April 1, 2026 /PRNewswire/ -- Otis Worldwide Corporation (NYSE: OTIS) will host a conference call on Wednesday, April 22, 2026, at 8:30 a.m.
Otis Worldwide price target lowered to $80 from $90 at Barclays
Barclays lowered the firm’s price target on Otis Worldwide (OTIS) to $80 from $90 and keeps an Underweight rating on the shares. The firm adjusted targets in the multi-industry group…
Otis Worldwide sees Q1 EPS down 3%-5% year-over-year
Sees some calendars of profit into the second half of the year. Says new new equipment has declined, especially in China. Says addressing value growth instead of volume growth. Comments…
Otis Worldwide sees Q2 EPS growth in line with Q1
Says Q2 will depend on “how the situation evolves” in the Middle East. Says prioritizing safety of employees. Says “it’s just a matter of time” before the job sites reopen.
Otis Worldwide falls 5% after guidance at JPMorgan conference
The shares are down $3.95 to $80.19 in afternoon trading.
Otis Worldwide Transcript: JPMorgan Industrials Conference 2026
Service and modernization segments are driving growth, with strong repair and pricing momentum, while New Equipment faces temporary headwinds from China and the Middle East. Margin expansion will be modest, but cash flow remains robust, and modernization in China is accelerating due to government subsidies.
UPDATED TIMING: Otis CFO to Speak at J.P. Morgan Industrials Conference
FARMINGTON, Conn., March 12, 2026 /PRNewswire/ -- Otis Worldwide Corporation (NYSE: OTIS) Executive Vice President and CFO Cristina Méndez will participate in a fireside chat at the Industrials Confer...
Otis CFO to Speak at J.P. Morgan Industrials Conference
FARMINGTON, Conn., March 11, 2026 /PRNewswire/ -- Otis Worldwide Corporation (NYSE: OTIS) Executive Vice President and CFO Cristina Méndez will participate in a fireside chat at the Industrials Confer...
Otis Champions Inclusive Mobility for Aging Populations
Designed for older adults, the new Otis Viva™ solutions – for existing and new buildings – promote safe, reliable mobility in support of longer, more independent and active living. CANNES, France, Mar...