Otis Worldwide Corporation (OTIS)

NYSE: OTIS · Real-Time Price · USD
89.23
+1.08 (1.23%)
At close: Aug 13, 2025, 4:00 PM
89.23
0.00 (0.00%)
After-hours: Aug 13, 2025, 7:00 PM EDT
1.23%
Market Cap 35.02B
Revenue (ttm) 14.17B
Net Income (ttm) 1.51B
Shares Out 392.48M
EPS (ttm) 3.79
PE Ratio 23.57
Forward PE 21.79
Dividend $1.68 (1.88%)
Ex-Dividend Date Aug 15, 2025
Volume 2,417,937
Open 88.10
Previous Close 88.15
Day's Range 87.84 - 89.25
52-Week Range 84.25 - 106.83
Beta 0.94
Analysts Hold
Price Target 102.25 (+14.59%)
Earnings Date Jul 23, 2025

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 through 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 ... [Read more]

Sector Industrials
Founded 1853
Employees 72,000
Stock Exchange NYSE
Ticker Symbol OTIS
Full Company Profile

Financial Performance

In 2024, Otis Worldwide's revenue was $14.26 billion, an increase of 0.37% compared to the previous year's $14.21 billion. Earnings were $1.65 billion, an increase of 17.00%.

Financial Statements

Analyst Forecast

According to 9 analysts, the average rating for OTIS stock is "Hold." The 12-month stock price target is $102.25, which is an increase of 14.59% from the latest price.

Price Target
$102.25
(14.59% upside)
Analyst Consensus: Hold
Stock Forecasts

News

Wall Street Is Warming to These 6 Industrial Stocks. They Don't Depend on Nvidia or AI.

Industrial stocks have shot higher in 2025, powered by AI and commercial aerospace. Analysts are warming to some other stocks in the sector that don't depend on either theme.

Other symbols: BACSXGEGEV
17 hours ago - Barrons

2 Dividend Stocks Whose Dips May Be Worth Buying

Market volatility from tariffs presents a buying opportunity for quality stocks, especially for long-term investors seeking value in the current dip. Otis Worldwide offers resilience and upside potent...

Other symbols: USBWBA
9 days ago - Seeking Alpha

Otis and Sobha Realty Continue to Elevate Luxury Living in Dubai

DUBAI, UAE, Aug. 4, 2025 /PRNewswire/ -- Otis Worldwide Corporation (NYSE: OTIS), the world's leading elevator and escalator manufacturing, installation and service company, will provide and install 7...

9 days ago - PRNewsWire

5 Relatively Secure And Cheap Dividend Stocks, Yields Up To 8.5% (August 2025)

This article is part of our monthly series where we highlight five large-cap, relatively safe, dividend-paying companies offering significant discounts to their historical norms. We go over our filter...

11 days ago - Seeking Alpha

Top 3 Industrials Stocks You'll Regret Missing In Q3

The most oversold stocks in the industrials sector presents an opportunity to buy into undervalued companies.

Other symbols: CHPTLGCL
15 days ago - Benzinga

Otis: Buying The 14% Dip To Lift My Portfolio

Otis's resilient service-driven business model generates high-margin, recurring revenue, insulating it from cyclical downturns and justifying premium valuation multiples. Despite a Q2 revenue miss and...

19 days ago - Seeking Alpha

Otis Declares Quarterly Dividend of $0.42 per Share

FARMINGTON, Conn. , July 24, 2025 /PRNewswire/ -- The Otis Worldwide Corporation (NYSE: OTIS) Board of Directors today declared a quarterly dividend of $0.42 per share of Otis' common stock.

20 days ago - PRNewsWire

Trade Tracker: Otis Worldwide, Cheniere Energy and RTX

The Investment Committee share their latest portfolio moves.

Other symbols: LNGRTX
20 days ago - CNBC Television

Otis Worldwide: Headwinds Result In New 52-Week Low. Is Price Decline A Buying Opportunity?

OTIS' Q2 earnings miss and revised 2025 outlook triggered a steep sell-off, with persistent headwinds, especially in China and New Equipment segment. Despite near-term volatility from tariffs and weak...

20 days ago - Seeking Alpha

Otis Worldwide Corporation (OTIS) Q2 2025 Earnings Call Transcript

Otis Worldwide Corporation (NYSE:OTIS) Q2 2025 Earnings Conference Call July 23, 2025 8:30 AM ET Company Participants Robert Quartaro - Vice President of Investor Relations Judith Marks - Chair, Pres...

21 days ago - Seeking Alpha

OTIS REPORTS SECOND QUARTER 2025 RESULTS

Otis delivers mid-single digit organic Service sales growth and continued Service operating profit margin expansion and reconfirms 2025 EPS outlook Second quarter 2025  •  Service net sales up 6% with...

21 days ago - PRNewsWire

Otis Worldwide Q2 Preview: Anticipating Weak Equipment Sales

I reiterate a Sell rating on Otis Worldwide Corporation, with a fair value of $82 per share, due to a persistently weak growth outlook. Otis faces ongoing headwinds from sluggish China real estate and...

4 weeks ago - Seeking Alpha

Otis Second Quarter 2025 Earnings Advisory

FARMINGTON, Conn. , July 9, 2025 /PRNewswire/ -- Otis Worldwide Corporation (NYSE: OTIS) will host a conference call on Wednesday, July 23, 2025, at 8:30 a.m.

5 weeks ago - PRNewsWire

Tatweer Misr Chooses Otis to Bring Smart Vertical Mobility Solutions to Its Urban Communities

CAIRO , July 8, 2025 /PRNewswire/ -- To enhance the quality of life for its residents, Tatweer Misr, one of Egypt's leading real estate developers, has selected Otis (NYSE: OTIS), the world's leading ...

5 weeks ago - PRNewsWire

Otis Worldwide: A Mixed Bag Of Positives And Negatives

Otis Worldwide is the global leader in elevator and escalator manufacturing, installation, and services. Since its 2020 spin-off from United Technologies, Otis has delivered a 130% total return. The f...

2 months ago - Seeking Alpha

Space Needle Opens First Otis Double-Deck, Panoramic Glass Elevator

Elevator is first of three on site to be modernized with new Otis elevators SEATTLE , May 23, 2025 /PRNewswire/ -- A new, double-deck glass elevator from Otis opened for its first rides to passengers ...

2 months ago - PRNewsWire

Otis Announces Global Winner in its Made to Move Communities™ Challenge

Team from Pembroke Pines Charter High School in Florida proposes smartphone app that uses Artificial Intelligence to aid visually impaired people; wins grants to support STEM programming at school FAR...

3 months ago - PRNewsWire

Otis Worldwide: Valuation Has Reflected The Visible Headwinds

I am neutral on Otis Worldwide Corporation due to visible macro headwinds in China and the Americas impacting near-term revenue and margin trends. OTIS's latest earnings showed a slight decline in org...

3 months ago - Seeking Alpha

Otis Worldwide CEO reveals plans to handling tariffs

Otis Worldwide chair, CEO and president Judy Marks discusses supply side options amid tariff talks on 'The Claman Countdown.'

3 months ago - Fox Business

Otis Worldwide Corporation (OTIS) Q1 2025 Earnings Call Transcript

Otis Worldwide Corporation (NYSE:OTIS) Q1 2025 Earnings Conference Call April 23, 2025 8:30 AM ET Company Participants Rob Quartaro - VP, IR Judy Marks - Chair, CEO and President Cristina Mendez - EV...

4 months ago - Seeking Alpha

OTIS REPORTS FIRST QUARTER 2025 RESULTS

Otis delivers mid-single digit organic Service sales growth and strong Service operating profit margin expansion Service net sales up 1% with organic sales up 4% GAAP operating profit margin down 350 ...

4 months ago - PRNewsWire

Otis Announces 8 Percent Increase in Quarterly Dividend to $0.42 per Share

FARMINGTON, Conn. , April 22, 2025 /PRNewswire/ -- The Otis Worldwide Corporation (NYSE: OTIS) Board of Directors today declared a quarterly dividend of $0.42 per share of Otis' common stock, represen...

4 months ago - PRNewsWire

Otis First Quarter 2025 Earnings Advisory

FARMINGTON, Conn. , April 9, 2025 /PRNewswire/ -- Otis Worldwide Corporation (NYSE: OTIS) will host a conference call on Wednesday, April 23, 2025, at 8:30 a.m.

4 months ago - PRNewsWire

Otis Worldwide: Cautiously Optimistic Approaching Earnings (Rating Upgrade)

Upgrading Otis Worldwide to a Buy rating due to its defensive qualities and recent outperformance amid market volatility, reflecting investor confidence. Otis's service business, accounting for 85% of...

4 months ago - Seeking Alpha

Trade Tracker: Josh Brown buys Otis Worldwide

Josh Brown, CEO of Ritholtz Wealth Management, joins CNBC's "Halftime Report" to explain why he's buying a stock in a sea of red.

4 months ago - CNBC Television