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Otis Worldwide

OTIS

Market cap $26.3B

69.10 USD

+1.21

1.78%

At close Updated Sep 11, 4:00 PM EDT

Pre-market

After hours

69.10

0.00

0%

1 day

1.78%

5 days

-2.8%

1 month

-5.39%

3 months

-1.47%

6 months

-18.32%

Year to date

-21.78%

1 year

-22.69%

5 years

-23.18%

10 years

46.03%

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

News

Positive

Neutral

Negative

Sentiment 3-Months

Positive 30.8%

Neutral 46.2%

Negative 23.1%

24/7 Wall Street

These 5 Boring Stocks Are Quietly Crushing the Market and Making Investors Rich

Trash haulers, elevator servicers, and a fastener distributor sound like the least exciting investments imaginable, yet a handful of these overlooked operators have quietly outpaced the market for a decade while most investors chased flashier names.

These 5 Boring Stocks Are Quietly Crushing the Market and Making Investors Rich

Otis CEO to Speak at Morgan Stanley Conference

FARMINGTON, Conn., Sept. 1, 2026 /PRNewswire/ -- Otis Worldwide Corporation (NYSE: OTIS) Chair, CEO & President Judy Marks will participate in a fireside chat at the 14th annual Laguna conference hosted by Morgan Stanley on Thursday, September 17, 2026, at 12:20 p.m.

Otis CEO to Speak at Morgan Stanley Conference

Zacks Investment Research

Why Is Otis Worldwide (OTIS) Up 1.4% Since Last Earnings Report?

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

Why Is Otis Worldwide (OTIS) Up 1.4% Since Last Earnings Report?

Otis to Provide More Than 250 Elevators and Escalators to Tianjin 117 Tower, China's New Supertall Landmark

Otis will return to the building to modernize existing elevators and support the next phase of development SHANGHAI, Aug. 17, 2026 /PRNewswire/ -- Otis has been selected once again to provide advanced modernization and vertical transportation solutions for Tianjin 117 Tower, a nearly 600-meter supertall landmark. It is the tallest building currently under construction in China and when complete, it will be China's third-tallest building, and host China's highest occupied floor at more than 584 meters1.

Otis to Provide More Than 250 Elevators and Escalators to Tianjin 117 Tower, China's New Supertall Landmark

Elevator giant Otis wants to be a defensive play in an volatile market. It has to prove itself first

Otis is the largest elevator company in the world, operating in 200-plus countries. More than 90% of Otis' profits comes from servicing elevators, which involves maintenance, repairs and modernization.

Elevator giant Otis wants to be a defensive play in an volatile market. It has to prove itself first

2 Strong Buy Dividend Growth Stocks I Like For The Next Decade

Watsco and Otis Worldwide offer compelling long-term income growth via essential maintenance-driven cash flows and attractive current valuations. WSO, the largest independent HVAC distributor, yields 4.3% with an 11.1% five-year dividend CAGR, trading at a normalized 25.4x P/E after recent price weakness. OTIS, post-spin from United Technologies, boasts a 2.5% yield, a 15.1% five-year dividend CAGR, and trades at 17.7x P/E despite macro and pricing headwinds.

2 Strong Buy Dividend Growth Stocks I Like For The Next Decade

The London Company QTD Mid Cap Q2 2026 Contributors, Detractors And Trades

The London Company Mid Cap portfolio returned 9.7% (9.5% net) during the quarter vs. a 13.8% increase in the Russell Midcap Index. The market was led by momentum and high-beta factors — in fact, the top beta quintile returned over 44% and drove nearly two-thirds of the index's gain. ENTG was a top contributor, benefiting from improving semiconductor demand, accelerating AI investment, and rising fab utilization.

The London Company QTD Mid Cap Q2 2026 Contributors, Detractors And Trades

Otis Worldwide: Don't Expect Meaningful Upside Near-Term, But I Remain Bullish

Otis Worldwide posted mixed Q2 results, beating revenue estimates but cutting full-year 2026 guidance due to persistent headwinds. Despite margin pressure and profit declines, OTIS's service segment remains the primary growth engine, with modernization up 24% and maintenance trends accelerating. Headwinds in China and higher labor and energy costs continue to weigh on New Equipment segment profits and overall margins.

Otis Worldwide: Don't Expect Meaningful Upside Near-Term, But I Remain Bullish

Zacks Investment Research

Is Otis Stock Attractive After Guidance Cuts and Its 19% YTD Slide?

OTIS trades below historical valuation levels after a 19% YTD slide, but guidance cuts and margin pressure keep the investment outlook in focus.

Is Otis Stock Attractive After Guidance Cuts and Its 19% YTD Slide?

Zacks Investment Research

Otis Service Growth Builds Momentum as Equipment Demand Stays Weak

OTIS is relying on Service growth and a rising modernization backlog to counter weak New Equipment demand as China remains a key challenge.

Otis Service Growth Builds Momentum as Equipment Demand Stays Weak

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