Otis Worldwide Corporation (OTIS)
NYSE: OTIS · Real-Time Price · USD
99.44
0.00 (0.00%)
Nov 4, 2024, 4:00 PM EST - Market closed
Otis Worldwide Stock Forecast
Stock Price Forecast
The 6 analysts with 12-month price forecasts for Otis Worldwide stock have an average target of 103.67, with a low estimate of 94 and a high estimate of 110. The average target predicts an increase of 4.25% from the current stock price of 99.44.
Analyst Consensus: Hold
Analyst Ratings
The average analyst rating for Otis Worldwide stock from 8 stock analysts is "Hold". This means that analysts believe this stock is likely to perform similarly to the overall market.
Recommendation Trends
| Rating | May '24 | Jun '24 | Jul '24 | Aug '24 | Sep '24 | Oct '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 1 | 1 | 1 | 1 | 1 | 1 |
| Buy | 1 | 1 | 1 | 1 | 1 | 1 |
| Hold | 6 | 6 | 6 | 6 | 5 | 6 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 8 | 8 | 8 | 8 | 7 | 8 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Barclays | Barclays | Hold Maintains $96 → $94 | Hold | Maintains | $96 → $94 | -5.47% | Oct 31, 2024 |
| Wolfe Research | Wolfe Research | Buy → Hold Downgrades n/a | Buy → Hold | Downgrades | n/a | n/a | Oct 8, 2024 |
| Wells Fargo | Wells Fargo | Hold Maintains $95 → $108 | Hold | Maintains | $95 → $108 | +8.61% | Oct 7, 2024 |
| Barclays | Barclays | Hold Maintains $90 → $96 | Hold | Maintains | $90 → $96 | -3.46% | Oct 2, 2024 |
| RBC Capital | RBC Capital | Buy Reiterates $110 | Buy | Reiterates | $110 | +10.62% | Sep 19, 2024 |
Financial Forecast
Revenue This Year
14.71B
from 14.21B
Increased by 3.53%
Revenue Next Year
15.17B
from 14.71B
Increased by 3.11%
EPS This Year
3.94
from 3.39
Increased by 16.24%
EPS Next Year
4.30
from 3.94
Increased by 9.25%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 15.5B | 15.8B | 16.5B | ||
| Avg | 14.7B | 15.2B | 15.7B | ||
| Low | 14.0B | 14.4B | 14.7B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 9.2% | 7.6% | 9.1% | ||
| Avg | 3.5% | 3.1% | 3.8% | ||
| Low | -1.8% | -1.9% | -2.8% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 4.14 | 4.67 | 5.02 | ||
| Avg | 3.94 | 4.30 | 4.68 | ||
| Low | 3.65 | 4.06 | 4.26 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 22.0% | 18.6% | 16.6% | ||
| Avg | 16.2% | 9.2% | 8.8% | ||
| Low | 7.5% | 3.0% | -1.0% |
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.