Otis Worldwide Corporation (OTIS)

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 91 and a high estimate of 113. The average target predicts an increase of 5.79% from the current stock price of 98.00.

Analyst Consensus: Hold

Target	Low	Average	Median	High
Price	$91	$103.67	$108	$113
Change	-7.14%	+5.79%	+10.20%	+15.31%

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

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Stephen Tusa JP Morgan	JP Morgan	Hold Maintains $108 → $105	Hold	Maintains	$108 → $105	+7.14%	Jan 30, 2025
Joseph O'Dea Wells Fargo	Wells Fargo	Hold Maintains $100 → $95	Hold	Maintains	$100 → $95	-3.06%	Jan 30, 2025
Stephen Tusa JP Morgan	JP Morgan	Hold Maintains $112 → $108	Hold	Maintains	$112 → $108	+10.20%	Jan 15, 2025
Julian Mitchell Barclays	Barclays	Sell Maintains $94 → $91	Sell	Maintains	$94 → $91	-7.14%	Jan 8, 2025
Joseph O'Dea Wells Fargo	Wells Fargo	Hold Maintains $105 → $100	Hold	Maintains	$105 → $100	+2.04%	Jan 7, 2025

More Analyst Ratings

Financial Forecast

Revenue This Year

14.83B

Increased by 3.98%

from 14.26B

Revenue Next Year

15.44B

Increased by 4.15%

from 14.83B

EPS This Year

4.14

Increased by 1.67%

from 4.07

EPS Next Year

4.54

Increased by 9.76%

from 4.14

Fiscal Year	FY 2020	FY 2021	FY 2022	FY 2023	FY 2024	FY 2025	FY 2026	FY 2027
Period Ending	Dec 31, 2020	Dec 31, 2021	Dec 31, 2022	Dec 31, 2023	Dec 31, 2024	Dec 31, 2025	Dec 31, 2026	Dec 31, 2027
Revenue	12.76B	14.30B	13.69B	14.21B	14.26B	14.83B	15.44B	16.06B
Revenue Growth	-2.76%	12.09%	-4.29%	3.83%	0.37%	3.98%	4.15%	3.98%
EPS	2.08	2.89	2.96	3.39	4.07	4.14	4.54	4.92
EPS Growth	-18.33%	38.94%	2.42%	14.53%	20.06%	1.67%	9.76%	8.28%
Forward PE	-	-	-	-	-	23.68	21.58	19.93
No. Analysts	-	-	-	-	-	17	15	11

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

Revenue Forecast

Revenue	2025	2026	2027	2028	2029
High	15.8B	16.6B	17.5B
Avg	14.8B	15.4B	16.1B
Low	14.0B	14.5B	15.1B

Revenue Growth

Revenue Growth	2025	2026	2027	2028	2029
High	10.8%	12.3%	13.6%
Avg	4.0%	4.2%	4.0%
Low	-1.9%	-2.5%	-2.5%

EPS Forecast

EPS	2025	2026	2027	2028	2029
High	4.42	4.90	5.32
Avg	4.14	4.54	4.92
Low	3.92	4.26	4.57

EPS Growth

EPS Growth	2025	2026	2027	2028	2029
High	8.6%	18.5%	17.0%
Avg	1.7%	9.8%	8.3%
Low	-3.7%	3.0%	0.5%

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.