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Otis Worldwide CorporationNYSE:OTIS Stock Report

Market Cap US$27.9b
Share Price
US$72.77
US$77
5.5% undervalued intrinsic discount
1Y-24.8%
7D2.3%
1D
Portfolio Value
View

Otis Worldwide Corporation

NYSE:OTIS Stock Report

Market Cap: US$27.9b

Otis Worldwide (OTIS) Stock Overview

Engages in manufacturing, installation, and servicing of elevators and escalators in the United States, China, and internationally. More details

OTIS fundamental analysis
Snowflake Score
Valuation6/6
Future Growth1/6
Past Performance2/6
Financial Health2/6
Dividends3/6

OTIS Community Fair Values

Create Narrative

See what 28 others think this stock is worth. Follow their fair value or set your own to get alerts.

Otis Worldwide Corporation Competitors

Price History & Performance

Summary of share price highs, lows and changes for Otis Worldwide
Historical stock prices
Current Share PriceUS$72.77
52 Week HighUS$101.42
52 Week LowUS$69.73
Beta0.94
1 Month Change-6.65%
3 Month Change-19.06%
1 Year Change-24.81%
3 Year Change-11.03%
5 Year Change-7.10%
Change since IPO60.82%

Recent News & Updates

Seeking Alpha May 17

Otis Worldwide: Short-Term Risks Remain, But Upside Potential Hard To Ignore (Rating Upgrade)

Summary 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. I maintain a bullish stance on OTIS, citing its narrow moat, improving fundamentals, attractive dividend profile, and expected acceleration in growth over the next 12–24 months. Read the full article on Seeking Alpha
Narrative Update May 11

OTIS: Service And Modernization Execution Will Support Bullish Post Guidance Outlook

Analysts recently trimmed their average price target on Otis Worldwide by about $2.60 to roughly $94.36. This reflects updated assumptions around slightly higher discount rates, modestly different revenue growth and margin expectations, and a lower future P/E multiple.
New Narrative Apr 25

Aging Elevator Modernization And Service Trends Will Support Steady But Limited Long Term Upside

Catalysts About Otis Worldwide Otis Worldwide provides elevators, escalators and related services, with a large installed base that supports recurring maintenance, repair and modernization revenue. What are the underlying business or industry changes driving this perspective?

Recent updates

Seeking Alpha May 17

Otis Worldwide: Short-Term Risks Remain, But Upside Potential Hard To Ignore (Rating Upgrade)

Summary 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. I maintain a bullish stance on OTIS, citing its narrow moat, improving fundamentals, attractive dividend profile, and expected acceleration in growth over the next 12–24 months. Read the full article on Seeking Alpha
Narrative Update May 11

OTIS: Service And Modernization Execution Will Support Bullish Post Guidance Outlook

Analysts recently trimmed their average price target on Otis Worldwide by about $2.60 to roughly $94.36. This reflects updated assumptions around slightly higher discount rates, modestly different revenue growth and margin expectations, and a lower future P/E multiple.
New Narrative Apr 25

Aging Elevator Modernization And Service Trends Will Support Steady But Limited Long Term Upside

Catalysts About Otis Worldwide Otis Worldwide provides elevators, escalators and related services, with a large installed base that supports recurring maintenance, repair and modernization revenue. What are the underlying business or industry changes driving this perspective?
Narrative Update Apr 24

OTIS: Service And Modernization Execution Will Support Bullish Post Q4 Outlook

Analysts have trimmed the implied fair value estimate for Otis Worldwide to about $96.93 from $101.64 as they factor in a slightly higher discount rate, marginally softer revenue growth and profit margin assumptions, and a lower future P/E multiple, in line with a wave of recent price target reductions along with fresh bullish initiations. Analyst Commentary Recent research has been mixed, with several price target cuts offset by fresh bullish initiations.
Narrative Update Apr 01

OTIS: Service And Modernization Wins Will Support Bullish Post Q4 Outlook

Analysts have trimmed the Otis Worldwide fair value estimate by about $0.80 to $101.64, reflecting recent target cuts from firms lowering their elevator sector expectations, alongside mixed views on the stock after Q4 results and new coverage initiation. Analyst Commentary Recent research highlights a split in how analysts view Otis Worldwide, with some focusing on long term opportunities and others zeroing in on nearer term execution risks and valuation pressure.
Narrative Update Mar 18

OTIS: Service And Modernization Contracts Will Support Mixed Post Q4 Sentiment

Narrative Update: Otis Worldwide The updated analyst price target for Otis Worldwide now stands at $102.43, reflecting only a very small adjustment as analysts balance cautious tweaks to discount rate, growth and margin assumptions with mixed recent research views that range from fresh Outperform initiation to downgrades and short term sell ideas. Analyst Commentary Recent research on Otis Worldwide presents a split view, with some analysts focusing on long term growth potential and others flagging near term execution risks around earnings and guidance.
Narrative Update Mar 04

OTIS: Service And Modernization Strength Will Balance Mixed Post Q4 Sentiment

The analyst price target for Otis Worldwide has been adjusted slightly to around $102.43, as analysts weigh mixed recent research, including fresh bullish initiation alongside downgrades and trimmed targets that reflect differing views on growth, margins, and future P/E assumptions. Analyst Commentary Recent research on Otis Worldwide reflects a split view, with some firms leaning constructive on the long term and others turning more cautious after recent earnings and guidance signals.
Narrative Update Feb 18

OTIS: Service Strength And Buybacks Will Offset Cautious Post Q4 Sentiment

Narrative Update: Otis Worldwide The consolidated analyst price target for Otis Worldwide has been trimmed by $2, as analysts factor in recent downgrades, reduced targets, and concerns that the post Q4 thesis has weakened and could weigh on near term performance. Analyst Commentary Recent research has turned more cautious on Otis Worldwide, with several firms reassessing their views after Q4 and taking a closer look at both execution risks and near term valuation.
Narrative Update Feb 04

OTIS: Service Wins And Buybacks Will Underpin Future Earnings Resilience

Analysts have trimmed their price target on Otis Worldwide to about US$102.50 from roughly US$105.18. They point to slightly softer assumptions for revenue growth, profit margins and future P/E, along with recent cautious research that includes downgrades, target cuts and a short term sell idea tied to Q4 earnings risk.
Narrative Update Jan 21

OTIS: Service Wins And Buybacks Will Support Future Share Upside

Analysts have nudged their fair value estimate for Otis Worldwide up by about $0.50, reflecting small adjustments to assumptions around revenue growth, profit margins and the P/E multiple, while balancing a recent price target increase from JPMorgan against a short term cautious call from Deutsche Bank. Analyst Commentary Recent Street research on Otis Worldwide presents a mixed picture, with some bullish analysts focusing on upside to fair value and others highlighting short term risks around earnings and guidance.
Narrative Update Jan 07

OTIS: Service Contracts And Share Repurchases Will Support Higher Future Returns

Analysts have nudged their fair value estimate for Otis Worldwide to about US$105 from roughly US$104, citing small adjustments to discount rate assumptions, long term revenue growth, profit margin forecasts and future P/E expectations. What's in the News Completed a landmark installation for Montreal's REM light metro, supplying 57 custom elevators and 22 public escalators, all tied into a real time monitoring and SCADA based control solution, along with a 5 year service contract for ongoing maintenance and testing (Key Developments).
Narrative Update Dec 18

OTIS: Modernization And IoT Expansion Will Drive Higher Margins And Earnings

Analysts have modestly raised their price target on Otis Worldwide by about 1 dollar to reflect slightly stronger expected profit margins, a marginally lower discount rate, and broadly stable growth and valuation assumptions. What's in the News Expanded Gen3 Core elevator platform in North America with higher load capacities, larger cabs and doors, and Otis ONE IoT connectivity, targeting low rise buildings that need to move heavier equipment and deliveries efficiently (Product Related Announcement).
Narrative Update Dec 04

OTIS: Expanded Modernization And IoT Platforms Will Drive Long-Term Earnings Momentum

Analysts have modestly raised their price target on Otis Worldwide, citing slightly higher discount rate and future P/E assumptions. These factors support a revised fair value of approximately $103.25 per share, up fractionally from prior estimates.
Narrative Update Nov 20

OTIS: Expanding Contracts And Buybacks Will Drive Future Earnings Momentum

Analysts have increased their price target for Otis Worldwide from $102.29 to $103.25. They cite adjusted expectations for revenue growth and valuation metrics as the reasons for this change.
Analysis Article Nov 07

Otis Worldwide's (NYSE:OTIS) Soft Earnings Are Actually Better Than They Appear

Shareholders appeared unconcerned with Otis Worldwide Corporation's ( NYSE:OTIS ) lackluster earnings report last week...
Narrative Update Nov 06

OTIS: Future Contract Wins Will Drive Market Expansion And Earnings Momentum

Otis Worldwide's analyst price target has been revised upward by $1.00 to $102.29, as analysts cite slightly stronger revenue growth and improved profit margins as reasons for the adjustment. What's in the News Otis completed the repurchase of 7,528,000 shares, representing 1.91% for $699.97 million, as part of its buyback program announced on January 16, 2025 (Buyback Tranche Update).
Analysis Article Nov 02

Earnings Beat: Otis Worldwide Corporation Just Beat Analyst Forecasts, And Analysts Have Been Updating Their Models

As you might know, Otis Worldwide Corporation ( NYSE:OTIS ) recently reported its quarterly numbers. The result was...
Narrative Update Oct 22

Analysts Lift Otis Worldwide Price Target as Valuation Improves Amid New Contract Wins

Otis Worldwide's analyst price target has increased modestly from $100.23 to $101.29. This reflects analysts' expectations of slightly improved revenue growth and profit margins in the coming periods.
Narrative Update Oct 08

Modernization Orders Will Expand Global Connected Services

Analysts have raised their price target for Otis Worldwide by $1.00. They cite improved profit margins and updated industry ratings as factors supporting modest upside expectations.
Narrative Update Sep 11

Modernization Orders Will Expand Global Connected Services

Analysts trimmed their price target for Otis Worldwide to $99.23, citing stable but unexceptional growth and limited scope for further multiple expansion, with the shares now seen as fairly valued. Analyst Commentary Recent upgrades reflect increased confidence in the company's ability to outperform peers, prompting bullish analysts to raise their rating.
Analysis Article Jul 27

Otis Worldwide Corporation Beat Analyst Estimates: See What The Consensus Is Forecasting For This Year

Otis Worldwide Corporation ( NYSE:OTIS ) shareholders are probably feeling a little disappointed, since its shares fell...
Analysis Article Jun 28

Is There Now An Opportunity In Otis Worldwide Corporation (NYSE:OTIS)?

Otis Worldwide Corporation ( NYSE:OTIS ) received a lot of attention from a substantial price movement on the NYSE over...
Analysis Article Jun 10

Otis Worldwide (NYSE:OTIS) Ticks All The Boxes When It Comes To Earnings Growth

For beginners, it can seem like a good idea (and an exciting prospect) to buy a company that tells a good story to...
Seeking Alpha Jan 28

Otis Worldwide: A Boring Dividend Growth Stock I Just Bought (Rating Upgrade)

Summary Otis Worldwide Corporation, despite international headwinds, shows resilience with projected net sales and EPS growth of 1.2% and 9% respectively, driven by strong financials and buybacks. The company faces challenges, particularly in China, but maintains a solid balance sheet, minimal CAPEX, and a strong dividend growth track record. Lower interest rates and frequent buybacks provide tailwinds, positioning Otis for potential upside with a 2026 price target of $115 per share. Upgrading Otis Worldwide Corp from hold to buy due to its resilient business model, ample dividend growth room, and long-term upside potential. Read the full article on Seeking Alpha
Seeking Alpha Nov 27

Otis Worldwide: Strong Business And Dividend Growth, But Weak Momentum

Summary Otis Worldwide is a market leader with high-margin recurring revenue and a strong economic moat but faces headwinds in the Chinese market, while trading at a premium valuation. The company's rich history is overshadowed by its short time as a standalone entity, making it less visible to dividend focused retail investors who look at dividend raise streaks. Significant exposure to foreign markets in its high-margin service business pose currency risks and questions about long-term growth rates. While Otis is a stable, wide-moat business, its current valuation isn't compelling for outperformance, making it a Hold for most investors but worth a look for dividend growth-focused portfolios. Read the full article on Seeking Alpha
Seeking Alpha Oct 22

Otis Shares On The Rise As Market Tailwinds Lift New Equipment Prospects

Summary Otis Worldwide Corporation's share price increased over 160% since its spin-off. Potential for a further increase due to market tailwinds, including China's $325 billion stimulus and FED's interest rate cuts. Despite a decline in new equipment sales, Otis improved earnings through its service segment, which has higher margins, and more controlled production costs. Weak cash flow and low liquidity ratios are a concern, but I expect improvement as equipment sales recover. JP Morgan’s recent stake in Otis signals confidence in the company's ability to capitalize on the market tailwinds, supporting my Buy rating. Read the full article on Seeking Alpha

Shareholder Returns

OTISUS MachineryUS Market
7D2.3%0.2%1.1%
1Y-24.8%41.3%28.7%

Return vs Industry: OTIS underperformed the US Machinery industry which returned 41.3% over the past year.

Return vs Market: OTIS underperformed the US Market which returned 28.7% over the past year.

Price Volatility

Is OTIS's price volatile compared to industry and market?
OTIS volatility
OTIS Average Weekly Movement3.6%
Machinery Industry Average Movement6.7%
Market Average Movement7.2%
10% most volatile stocks in US Market16.4%
10% least volatile stocks in US Market3.1%

Stable Share Price: OTIS has not had significant price volatility in the past 3 months compared to the US market.

Volatility Over Time: OTIS's weekly volatility (4%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
185372,000Judy Markswww.otis.com

Otis Worldwide Corporation engages in manufacturing, installation, and servicing of elevators and escalators in the United States, China, and internationally. The company operates in 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.

Otis Worldwide Corporation Fundamentals Summary

How do Otis Worldwide's earnings and revenue compare to its market cap?
OTIS fundamental statistics
Market capUS$27.92b
Earnings (TTM)US$1.48b
Revenue (TTM)US$14.65b
18.9x
P/E Ratio
1.9x
P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
OTIS income statement (TTM)
RevenueUS$14.65b
Cost of RevenueUS$10.17b
Gross ProfitUS$4.47b
Other ExpensesUS$2.99b
EarningsUS$1.48b

Last Reported Earnings

Mar 31, 2026

Next Earnings Date

n/a

Earnings per share (EPS)3.86
Gross Margin30.55%
Net Profit Margin10.11%
Debt/Equity Ratio-143.8%

How did OTIS perform over the long term?

See historical performance and comparison

Dividends

2.4%
Current Dividend Yield
44%
Payout Ratio

Does OTIS pay a reliable dividends?

See OTIS dividend history and benchmarks
When do you need to buy OTIS by to receive an upcoming dividend?
Otis Worldwide dividend dates
Ex Dividend DateMay 15 2026
Dividend Pay DateJun 12 2026
Days until Ex dividend10 days
Days until Dividend pay date18 days

Does OTIS pay a reliable dividends?

See OTIS dividend history and benchmarks

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/05/25 09:06
End of Day Share Price 2026/05/22 00:00
Earnings2026/03/31
Annual Earnings2025/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

Otis Worldwide Corporation is covered by 22 analysts. 14 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
null nullArgus Research Company
Julian MitchellBarclays
Joel SpunginBerenberg