Otis Worldwide Stock Forecast

Stock Price Forecast

The 6 analysts with 12-month price forecasts for Otis Worldwide stock have an average target of 104.5, with a low estimate of 91 and a high estimate of 113. The average target predicts an increase of 13.85% from the current stock price of 91.79.

Analyst Consensus: Hold

Target	Low	Average	Median	High
Price	$91	$104.5	$108	$113
Change	-0.86%	+13.85%	+17.66%	+23.11%

Analyst Ratings

The average analyst rating for Otis Worldwide stock from 7 stock analysts is "Hold". This means that analysts believe this stock is likely to perform similarly to the overall market.

Recommendation Trends

Rating	Aug '24	Sep '24	Oct '24	Nov '24	Dec '24	Jan '25
Strong Buy	1	1	1	1	1	1
Buy	1	1	1	1	1	1
Hold	6	5	6	6	4	3
Sell	0	0	0	0	2	2
Strong Sell	0	0	0	0	0	0
Total	8	7	8	8	8	7

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Julian Mitchell Barclays	Barclays	Sell Maintains $94 → $91	Sell	Maintains	$94 → $91	-0.86%	Jan 8, 2025
Joseph O'Dea Wells Fargo	Wells Fargo	Hold Maintains $105 → $100	Hold	Maintains	$105 → $100	+8.94%	Jan 7, 2025
Nigel Coe Wolfe Research	Wolfe Research	Hold → Sell Downgrades n/a	Hold → Sell	Downgrades	n/a	n/a	Dec 12, 2024
Julian Mitchell Barclays	Barclays	Hold → Sell Downgrades $94	Hold → Sell	Downgrades	$94	+2.41%	Dec 5, 2024
Chris Snyder UBS	UBS	Hold Initiates $97 → $113	Hold	Initiates	$97 → $113	+23.11%	Nov 13, 2024

More Analyst Ratings

Financial Forecast

Revenue This Year

14.56B

from 14.21B

2.46%

from 14.21B

Revenue Next Year

14.99B

from 14.56B

2.95%

from 14.56B

EPS This Year

3.92

from 3.39

15.76%

from 3.39

EPS Next Year

4.24

from 3.92

8.16%

from 3.92

Fiscal Year	FY 2019	FY 2020	FY 2021	FY 2022	FY 2023	FY 2024	FY 2025	FY 2026
Period Ending	Dec 31, 2019	Dec 31, 2020	Dec 31, 2021	Dec 31, 2022	Dec 31, 2023	Dec 31, 2024	Dec 31, 2025	Dec 31, 2026
Revenue	13.12B	12.76B	14.30B	13.69B	14.21B	14.56B	14.99B	15.55B
Revenue Growth	1.57%	-2.76%	12.09%	-4.29%	3.83%	2.46%	2.95%	3.72%
EPS	2.55	2.08	2.89	2.96	3.39	3.92	4.24	4.63
EPS Growth	5.24%	-18.33%	38.94%	2.42%	14.53%	15.76%	8.16%	9.01%
Forward PE	-	-	-	-	-	23.39	21.63	19.84
No. Analysts	-	-	-	-	-	18	17	15

Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue	2024	2025	2026
High	15.4B	15.8B	16.6B
Avg	14.6B	15.0B	15.5B
Low	13.9B	14.1B	14.4B

Revenue Growth

Revenue Growth	2024	2025	2026
High	8.5%	8.5%	11.1%
Avg	2.5%	3.0%	3.7%
Low	-2.3%	-3.1%	-3.7%

EPS Forecast

EPS	2024	2025	2026
High	4.07	4.67	4.99
Avg	3.92	4.24	4.63
Low	3.69	3.96	4.13

EPS Growth

EPS Growth	2024	2025	2026
High	20.2%	19.1%	17.5%
Avg	15.8%	8.2%	9.0%
Low	8.9%	0.9%	-2.8%

Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.