Otis Worldwide
OTIS
Market cap $39.3B

99.49 USD

-0.47

0.47%

At close Jul 11, 4:00 PM EDT

After hours

99.49

+0.00

0.00%

1 day

-0.47%

5 days

-0.34%

1 month

4.29%

3 months

2.47%

6 months

9.14%

Year to date

7.86%

1 year

0.25%

5 years

74.88%

10 years

110.25%

About: Otis is the largest global elevator and escalator supplier by revenue with around 18% global market share. In 1854 Otis' founder and namesake Elisha Graves Otis, invented a safety mechanism that prevented elevators from falling if the hoisting cable failed. The company's product and service lifecycle begins with installations of elevator units in new buildings, later selling maintenance services on the units, and eventually replacement of the units after the average 15- to 20-year useful life of an elevator. As the largest global OEM, Otis has amassed an installed base under service that exceeds 2 million elevators. Its business model is similar to that of its closest competitors Kone, Schindler, and TK Elevator.

Employees: 72,000

Industrials Specialty Industrial Machinery

0

Funds holding %

of 7,312 funds

0

Analysts bullish %

of 5 analysts

Fund manager confidence

Based on 2025 Q1 regulatory disclosures by fund managers ($100M+ AUM)

299% more call options, than puts

Call options by funds: $63.6M | Put options by funds: $15.9M

32% more first-time investments, than exits

New positions opened: 127 | Existing positions closed: 96

17% more funds holding in top 10

Funds holding in top 10: 6 [Q4 2024] → 7 (+1) [Q1 2025]

7% more capital invested

Capital invested by funds: $33.5B [Q4 2024] → $35.9B (+$2.4B) [Q1 2025]

1% more funds holding

Funds holding: 1,208 [Q4 2024] → 1,216 (+8) [Q1 2025]

2.77% less ownership

Funds ownership: 90.69% [Q4 2024] → 87.93% (-2.77%) [Q1 2025]

16% less repeat investments, than reductions

Existing positions increased: 390 | Existing positions reduced: 463

See Fund Rankings

Research analyst outlook

5 Wall Street Analysts provided 1 year price targets over the past 3 months

Low target

$92

8%

downside

Avg. target

$101

1%

upside

High target

$105

6%

upside

5 analyst ratings

1 positive

20%

3 neutral

60%

1 negative

20%

Barclays Julian Mitchell	8%downside $92	Underweight Maintained	9 Jul 2025
Morgan Stanley Chris Snyder	6%upside $105	Equal-Weight Maintained	8 Jul 2025
Wells Fargo Joseph O'Dea	1%upside $100	Equal-Weight Maintained	1 Jul 2025
JP Morgan Stephen Tusa	2%upside $101	Neutral Maintained	16 May 2025
RBC Capital Ben Hendrix	6%upside $105	Outperform Maintained	28 Apr 2025

See Analyst Rankings

Financial journalist opinion

Based on 3 articles about OTIS published over the past 30 days

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 global housing markets, resulting in declining new equipment sales. Management's optimism on China's recovery appears premature, especially amid continued property price declines and U.S.-China tariff uncertainties.

Otis Worldwide Q2 Preview: Anticipating Weak Equipment Sales

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.

Otis Second Quarter 2025 Earnings Advisory

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 elevator and escalator manufacturing, installation and service company, to supply and install smart vertical mobility solutions across its urban communities. Tatweer Misr's current engagement with Otis represents six projects and 1,250 elevators over six years.

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

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 financials for Otis are mixed, with the Service segment performing well and the New Equipment segment struggling.

Otis Worldwide: A Mixed Bag Of Positives And Negatives

Zacks Investment Research

Otis Worldwide (OTIS) Up 4.8% Since Last Earnings Report: Can It Continue?

Otis Worldwide (OTIS) reported earnings 30 days ago. What's next for the stock?

Otis Worldwide (OTIS) Up 4.8% Since Last Earnings Report: Can It Continue?

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 Friday as part of a new experience at the iconic Space Needle. Visitors to the tower can now soar above Seattle in a floor-to-ceiling glass, double-deck elevator, completely transforming the trip to the top.

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

SHAREHOLDER ALERT: Purcell & Lefkowitz LLP Announces Shareholder Investigation of Otis Worldwide Corporation (NYSE: OTIS)

NEW YORK , May 14, 2025 /PRNewswire/ -- Purcell & Lefkowitz LLP announces that it is investigating Otis Worldwide Corporation (NYSE: OTIS) on behalf of the company's shareholders. The investigation seeks to determine whether Otis Worldwide Corporation's directors breached their fiduciary duties in connection with recent corporate actions.

SHAREHOLDER ALERT: Purcell & Lefkowitz LLP Announces Shareholder Investigation of Otis Worldwide Corporation (NYSE: OTIS)

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 FARMINGTON, Conn. , May 7, 2025 /PRNewswire/ -- Students from Pembroke Pines Charter High School in Pembroke Pines, Florida are the first-ever global winners of the Otis Made to Move Communities student challenge for their idea to develop a smartphone app that uses Artificial Intelligence to aid visually impaired people.

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

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 organic sales, with the NE segment dragging down overall performance despite modest growth in the services segment. Macro challenges, including declining orders in China and new tariffs, are expected to pressure OTIS's volume and margins in the near term.

Otis Worldwide: Valuation Has Reflected The Visible Headwinds

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.'

Otis Worldwide CEO reveals plans to handling tariffs

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