Otis Worldwide (OTIS) Down 9.9% Since Last Earnings Report: Can It Rebound?
Otis Worldwide (OTIS) reported earnings 30 days ago. What's next for the stock?
OTIS - Otis Worldwide Corporation
Price:
--
--
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CONSENSUS:
Hold
DETAILS
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PRICE TARGET:
$92.00
DETAILS
HIGH:
$105.00
LOW:
$77.00
MEDIAN:
$92.00
CONSENSUS:
$92.00
UPSIDE:
26.43%
Stock News
Otis Unveils New Commercial Escalator Modernization Packages
�Includes options for factory preassembled modules to streamline installation time Offers modernization packages for commercial escalators that improve safety and reliability, and reduce disruption during the modernization process Flexible upgrade options allow customers to select the level of modernization that best fits their building, budget and operational needs FARMINGTON, Conn., May 19, 2026 /PRNewswire/ -- Otis Worldwide Corporation (NYSE: OTIS), the world's leading elevator and escalator manufacturing, installation, service and modernization company, has announced the global launch of its Otis Link™ MOD suite of commercial escalator modernization solutions, giving building owners a safer, smarter and more efficient way to upgrade aging escalators.
Otis Worldwide: Short-Term Risks Remain, But Upside Potential Hard To Ignore (Rating Upgrade)
Otis Worldwide Corporation remains a portfolio favorite, despite a 27.5% share price decline over the past year driven by China headwinds. OTIS trades well below its 5-year average multiple, with a forward P/E of 16.95x and a compelling 66% upside potential if it re-rates to 25x earnings by 2028. Recent initiatives—cost savings, a majority stake in WeMaintain, and a new elevator for data centers—position OTIS for margin recovery and growth.
Elevator mechanics can make over $150,000, and this CEO says they can't hire them fast enough
Otis CEO Judy Marks says there's growing demand for skilled elevator mechanics around the world. Otis offers an apprenticeship program starting at age 18 and tuition perks for workers.
Otis Announces Global Winners in 2026 Made to Move Communities™ Challenge
Students from schools in Athens, Greece and Hong Kong SAR win STEM and AI competition with concepts to help people during natural disasters FARMINGTON, Conn., May 6, 2026 /PRNewswire/ -- With their ideas to use advanced technology to support city officials, first responders and residents before and during natural disasters, student teams from Hong Kong and Athens, Greece were named co‑champions of Otis' Made to Move Communities™ student challenge, in recognition of the exceptional strength and impact of both teams' solutions.
Arizona State Retirement System Sells 7,557 Shares of Otis Worldwide Corporation $OTIS
Arizona State Retirement System lessened its stake in Otis Worldwide Corporation (NYSE: OTIS) by 6.6% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 107,728 shares of the company's stock after selling 7,557 shares during the period. Arizona State
Otis Worldwide Corp (OTIS) Q1 2026 Earnings Call Highlights: Strong Service Growth and Strategic Capital Deployment Amidst Challenges
Total Organic Sales Growth: Increased 1% in the quarter.Organic Service Growth: Increased 5% with broad-based strength across all service lines.Maintenance and
Otis Worldwide Q1 Earnings Fall Short of Estimates, Sales Beat
OTIS' Q1 results show Service repair strength and modernization orders, but tariffs, investments and Middle East delays squeeze margins.
Otis Worldwide Corporation (OTIS) Q1 2026 Earnings Call Transcript
Otis Worldwide Corporation (OTIS) Q1 2026 Earnings Call Transcript
Otis Worldwide (OTIS) Reports Q1 Earnings: What Key Metrics Have to Say
Although the revenue and EPS for Otis Worldwide (OTIS) give a sense of how its business performed in the quarter ended March 2026, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.
Otis Worldwide (OTIS) Lags Q1 Earnings Estimates
Otis Worldwide (OTIS) came out with quarterly earnings of $0.89 per share, missing the Zacks Consensus Estimate of $0.91 per share. This compares to earnings of $0.92 per share a year ago.
OTIS REPORTS FIRST QUARTER 2026 RESULTS
Otis delivers net sales growth of 6%, driven by Service with growth in all lines of business, led by repair Net sales up 6% and organic sales up 1%, driven by Service net sales up 11% with organic sales up 5% Repair net sales up 16% with organic repair sales up approximately 10% Modernization orders up 11% at constant currency, backlog up 32%, 30% at constant currency New Equipment orders up 1% at constant currency, backlog up 6%, 3% at constant currency Operating cash flow of $413 million; adjusted free cash flow of $272 million Share repurchases of approximately $400 million FARMINGTON, Conn., April 22, 2026 /PRNewswire/ -- Otis Worldwide Corporation (NYSE:OTIS) reported first quarter 2026 net sales of $3.6 billion with organic sales up 1% versus the prior year.
Otis Announces 5 Percent Increase in Quarterly Dividend to $0.44 per Share
FARMINGTON, Conn., April 21, 2026 /PRNewswire/ -- The Otis Worldwide Corporation (NYSE: OTIS) Board of Directors today declared a quarterly dividend of $0.44 per share of Otis' common stock, representing a 5% increase.
Otis Worldwide to Report Q1 Earnings: Here's What You Need to Know
Otis Worldwide Corporation OTIS is scheduled to report first-quarter 2026 results on April 22, 2026, before the opening bell. In the last reported quarter, the company's adjusted earnings came in line with the Zacks Consensus Estimate, but net sales missed the same.
Otis Worldwide (OTIS) Reports Next Week: What Awaits?
Otis Worldwide (OTIS) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Otis Launches Robust™ Heavy-Duty Elevator Range for Data Centers and Mission-Critical Infrastructure
Meets the readiness, scale and reliability demands of today's fast‑growing data center and infrastructure needs Engineered and ready now for facilities that require fast delivery of high capacity and durable elevators available with world-class Otis service, experience and expertise FARMINGTON, Conn., April 14, 2026 /PRNewswire/ -- Otis Worldwide Corporation (NYSE: OTIS), the world leader in the manufacture, installation, service and modernization of elevators and escalators, today announced Otis Robust, a new heavy-duty elevator range engineered to meet the growing demand of multi-story data centers and other essential infrastructure, such as airports, hospitals and industrial plants, that operate around the clock under demanding conditions.
Otis Takes Majority Stake in WeMaintain, Supporting Growth and Innovation in Service Technology
FARMINGTON, Conn., April 13, 2026 /PRNewswire/ -- Otis Worldwide Corporation (NYSE: OTIS), the world's leading company for elevator and escalator manufacturing, installation, service and modernization, and WeMaintain today announced that they have closed an agreement under which Otis will acquire a majority stake in WeMaintain, a fast-growing, technology-enabled service company for the elevator and escalator industry.
These 3 Stocks Could Still Be Winning Investments When You Retire. Warren Buffett Would Likely Agree, Too.
Berkshire Hathaway has a new CEO and dozens of operating businesses under its roof. Otis has been moving people since before the Civil War -- and it's growing its dividend briskly.
ClearBridge Dividend Strategy Q1 2026 Portfolio Positioning
We bought four “new” holdings in the quarter. Two of the four — Blackstone and Otis — we have owned before. In IT, we exited Oracle and trimmed Broadcom. Our five-year investment in Oracle proved highly profitable as the company transitioned its business model from licensing to software-as-a-service. On the semiconductor side, we modestly reduced our position in Broadcom to fund our new investment in Taiwan Semiconductor.
Trump's Words Don't Matter: 2 Dividend Growth Stocks I'm Buying On Weakness
Visa (V) and Otis Worldwide (OTIS) offer compelling long-term dividend growth opportunities, amid heightened geopolitical and recession risks. V's robust balance sheet, 15%+ five-year dividend CAGR, and 48% upside to a $445 price target support its investment case, despite near-term headwinds. OTIS trades at a significant discount to historical multiples, boasts a 16% dividend CAGR, and offers 71% upside to a $132.51 price target by 2028.
Price Targets
Otis Worldwide price target lowered to $88 from $96 at Morgan Stanley
$88.00
(was $79.52)
Morgan Stanley
Otis Worldwide price target lowered to $105 from $110 at RBC Capital
$105.00
(was $80.87)
UBS
Otis Worldwide price target lowered to $77 from $80 at Barclays
$77.00
(was $77.88)
Julian Mitchell
·
Barclays
JPMorgan downgrades Otis Worldwide to Neutral, says 'thesis broken' after Q4
$98.00
(was $84.58)
New Street
Otis Worldwide price target lowered to $92 from $95 at Wells Fargo
$92.00
(was $88.14)
Joseph O'Dea
·
Wells Fargo
Otis Worldwide price target raised to $92 from $90 at Barclays
$92.00
(was $93.38)
Barclays
Otis Worldwide upgraded to Outperform from Peer Perform at Wolfe Research
$109.00
(was $90.40)
Wolfe Research
Otis Worldwide price target lowered to $91 from $94 at Barclays
$91.00
(was $92.12)
Julian Mitchell
·
Barclays
Otis Worldwide price target lowered to $100 from $105 at Wells Fargo
$100.00
(was $92.12)
Joseph O'Dea
·
Wells Fargo
Morgan Stanley Starts Otis Worldwide Corp (OTIS) at Equalweight
$97.00
(was $92.43)
Chris Snyder
·
Morgan Stanley
Otis Worldwide price target lowered to $95 from $100 at Wells Fargo
$95.00
(was $91.43)
Joseph O'Dea
·
Wells Fargo
Otis Worldwide Corp (OTIS) PT Raised to $108 at Argus
$108.00
(was $96.21)
John Eade
·
Argus Research
Otis Worldwide initiated with a Hold at Melius Research
$119.00
(was $98.57)
Rob Wertheimer
·
Melius Research
Otis Worldwide price target raised to $90 from $85 at Barclays
$90.00
(was $98.57)
Julian Mitchell
·
Barclays
Argus Upgrades Otis Worldwide Corp (OTIS) to Buy, 'current valuations are attractive'
$102.00
(was $92.41)
John Eade
·
Argus Research
Cowen & Co. Maintains Outperform on Otis Worldwide, Raises Price Target to $95
$95.00
(was $84.86)
Cowen & Co.
Barclays Maintains Equal-Weight on Otis Worldwide, Raises Price Target to $81
$81.00
(was $84.56)
Barclays
Morgan Stanley Maintains Equal-Weight on Otis Worldwide, Raises Price Target to $89
$89.00
(was $84.56)
Morgan Stanley
Wells Fargo Maintains Underweight on Otis Worldwide, Raises Price Target to $82
$82.00
(was $84.56)
Wells Fargo
Wells Fargo Maintains Underweight on Otis Worldwide, Raises Price Target to $71
$71.00
(was $80.25)
Wells Fargo