OTIS WORLDWIDE CORP
Otis (OTIS) is a leading global manufacturer and servicer of elevators, escalators and moving walkways. Born from a long industry history and spun out from United Technologies in 2020, the company combines equipment sales with a large, recurring-service business that can provide steady cash flow. Investors should know Otis benefits from urbanisation, building renovations and rising demand for modernisation in both developed and emerging markets, but its new-equipment revenues can be cyclical and linked to construction activity. The business model’s strengths include a vast installed base, long-term service contracts and high after‑sales margins; risks include exposure to construction cycles, installation disruptions, raw-material and labour costs, and regulatory or safety issues. Market capitalisation sits around $36.38 billion. This summary is for general information and education only, not personal investment advice; values can rise and fall and past performance is not a guide to the future. Consider suitability for your circumstances or seek independent advice.
Why It's Moving
Analyst Consensus Points to Solid Upside for OTIS into 2026 Amid Steady Buy Ratings
- 22 analysts deliver a neutral-to-buy rating (7.1/10 score), with 6 buys, 9 holds, and just 1 sell, implying up to 25% upside from recent trading levels.
- April 1 updates from Barclays ($80 target) and Wells Fargo keep the average recent target at $92, underscoring steady demand for Otis's maintenance services.
- Longer-term forecasts eye $147+ by year-end 2026, fueled by expected 4.8% revenue growth and $200M in service profit expansion.
Analyst Consensus Points to Solid Upside for OTIS into 2026 Amid Steady Buy Ratings
- 22 analysts deliver a neutral-to-buy rating (7.1/10 score), with 6 buys, 9 holds, and just 1 sell, implying up to 25% upside from recent trading levels.
- April 1 updates from Barclays ($80 target) and Wells Fargo keep the average recent target at $92, underscoring steady demand for Otis's maintenance services.
- Longer-term forecasts eye $147+ by year-end 2026, fueled by expected 4.8% revenue growth and $200M in service profit expansion.
When is the next earnings date for OTIS WORLDWIDE CORP (OTIS)?
Otis Worldwide (OTIS) reported its Q1 2026 earnings on April 22, 2026, prior to the market open. The next earnings release, covering Q2 2026, is estimated between July 22 and July 27, 2026, based on the company's historical reporting pattern, though no official date has been announced. Investors should monitor for confirmation from the company.
Stock Performance Snapshot
Analyst Rating
Analysts recommend holding Otis's stock with a target price of $102.96, indicating limited growth potential.
Financial Health
Otis is performing well with strong revenue, cash flow, and profits, indicating good financial stability.
Dividend
Otis has a dividend yield of 1.86%, indicating a modest return for dividend-seeking investors. If you invested $1000 you would be paid $16.80 a year in dividends (based on the last 12 months).
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Baskets Featuring OTIS
Century Club
These companies have stood the test of time for over 100 years. Carefully selected by our analysts, this collection showcases businesses with proven resilience, established market positions, and the ability to deliver returns across multiple economic cycles.
Published: June 17, 2025
Explore BasketWhy You’ll Want to Watch This Stock
Service-driven growth
Recurring maintenance contracts can provide steady revenue and margins, though overall performance may be affected by economic cycles.
Global footprint
A large installed base across regions supports aftermarket services and expansion, but regional construction slowdowns can weigh on sales.
Product modernisation
Demand for modern, energy-efficient lifts and digital services offers opportunities, balanced by competition and regulatory safety standards.
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