Otis Worldwide

OTIS

Market cap $27.2B

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

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 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.

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.

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.

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

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) 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 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.