Otis Worldwide Corporation manufactures, installs, and services elevators and escalators in the United States, China, and internationally. The company operates through 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. The Service segment performs maintenance and repair services, as well as modernization services to upgrade elevators and escalators. The company was founded in 1853 and is headquartered in Farmington, Connecticut.
IPO Year: 2020
Exchange: NYSE
Website: otis.com
| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 4/13/2026 | $100.00 | Outperform | Evercore ISI |
| 4/8/2026 | Outperform → Peer Perform | Wolfe Research | |
| 1/30/2026 | $98.00 | Overweight → Neutral | Analyst |
| 12/9/2025 | $105.00 | Neutral → Outperform | BNP Paribas Exane |
| 10/8/2025 | $109.00 | Peer Perform → Outperform | Wolfe Research |
| 7/25/2025 | Underperform → Peer Perform | Wolfe Research | |
| 7/15/2025 | $109.00 | Neutral → Overweight | Analyst |
| 7/14/2025 | $109.00 | Hold | Deutsche Bank |
| 12/12/2024 | $104.00 | Peer Perform → Underperform | Wolfe Research |
| 12/5/2024 | $94.00 | Equal Weight → Underweight | Barclays |
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4 - Otis Worldwide Corp (0001781335) (Issuer)
4 - Otis Worldwide Corp (0001781335) (Issuer)
4 - Otis Worldwide Corp (0001781335) (Issuer)
4 - Otis Worldwide Corp (0001781335) (Issuer)
4 - Otis Worldwide Corp (0001781335) (Issuer)
4 - Otis Worldwide Corp (0001781335) (Issuer)
4 - Otis Worldwide Corp (0001781335) (Issuer)
4 - Otis Worldwide Corp (0001781335) (Issuer)
4 - Otis Worldwide Corp (0001781335) (Issuer)
4 - Otis Worldwide Corp (0001781335) (Issuer)
8-K - Otis Worldwide Corp (0001781335) (Filer)
SD - Otis Worldwide Corp (0001781335) (Filer)
DEFA14A - Otis Worldwide Corp (0001781335) (Filer)
8-K - Otis Worldwide Corp (0001781335) (Filer)
FWP - Otis Worldwide Corp (0001781335) (Subject)
10-Q - Otis Worldwide Corp (0001781335) (Filer)
8-K - Otis Worldwide Corp (0001781335) (Filer)
DEFA14A - Otis Worldwide Corp (0001781335) (Filer)
DEF 14A - Otis Worldwide Corp (0001781335) (Filer)
SCHEDULE 13G/A - Otis Worldwide Corp (0001781335) (Subject)
Analyst ratings in real time. Analyst ratings have a very high impact on the underlying stock. See them live in this feed.
Evercore ISI initiated coverage of Otis Worldwide with a rating of Outperform and set a new price target of $100.00
Wolfe Research downgraded Otis Worldwide from Outperform to Peer Perform
Analyst downgraded Otis Worldwide from Overweight to Neutral and set a new price target of $98.00
BNP Paribas Exane upgraded Otis Worldwide from Neutral to Outperform and set a new price target of $105.00
Wolfe Research upgraded Otis Worldwide from Peer Perform to Outperform and set a new price target of $109.00
Wolfe Research upgraded Otis Worldwide from Underperform to Peer Perform
Analyst upgraded Otis Worldwide from Neutral to Overweight and set a new price target of $109.00
Deutsche Bank initiated coverage of Otis Worldwide with a rating of Hold and set a new price target of $109.00
Wolfe Research downgraded Otis Worldwide from Peer Perform to Underperform and set a new price target of $104.00
Barclays downgraded Otis Worldwide from Equal Weight to Underweight and set a new price target of $94.00
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Includes options for factory preassembled modules to streamline installation timeOffers modernization packages for commercial escalators that improve safety and reliability, and reduce disruption during the modernization processFlexible upgrade options allow customers to select the level of modernization that best fits their building, budget and operational needsFARMINGTON, 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
Students from schools in Athens, Greece and Hong Kong SAR win STEM and AI competition with concepts to help people during natural disastersFARMINGTON, 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 (NYSE:OTIS) is the world's leading elevator and escalator manufacturing, installation, service and modernization company.
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 currencyNew Equipment orders up 1% at constant currency, backlog up 6%, 3% at constant currencyOperating cash flow of $413 million; adjusted free cash flow of $272 millionShare repurchases of approximately $400 millionFARMINGTON, Conn., April 22, 2026 /PRNewswire/ -- Otis Worldwide Corporation (NYSE:OTIS) reported first quarter 2026 net s
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. The dividend will be payable on June 12, 2026, to shareholders of record at the close of business on May 15, 2026. "With the continued strength of our Service driven business and the cash flows it generates, this dividend increase underscores our disciplined approach to capital allocation," said Judy Marks, Otis Chair, CEO and President. "Our dividend has increased approximately 120% since our spin in 2020, reflecting our focus on delivering attractive and sustainable returns t
Meets the readiness, scale and reliability demands of today's fast‑growing data center and infrastructure needsEngineered and ready now for facilities that require fast delivery of high capacity and durable elevators available with world-class Otis service, experience and expertiseFARMINGTON, 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 op
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. The investment reflects Otis' continued focus on advancing service and service technology to deliver the best possible solutions for customers. "Service is the foun
FARMINGTON, Conn., April 1, 2026 /PRNewswire/ -- Otis Worldwide Corporation (NYSE:OTIS) will host a conference call on Wednesday, April 22, 2026, at 8:30 a.m. ET. Otis Chair, CEO & President Judy Marks and Executive Vice President & CFO Cristina Mendez will discuss the company's first quarter results and 2026 outlook. We encourage you to join through our webcast link. A corresponding presentation and news release will be available on www.otis.com prior to the call and a recording will be available on the website later in the day. If you are unable to join via the webcast, please
FARMINGTON, Conn., March 12, 2026 /PRNewswire/ -- Otis Worldwide Corporation (NYSE:OTIS) Executive Vice President and CFO Cristina Méndez will participate in a fireside chat at the Industrials Conference hosted by J.P. Morgan on Wednesday, March 18, 2026 at 1:35 p.m. ET. The presentation will be broadcast live at www.otis.com. This update supersedes a previous release stating a different time for this event.About OtisOtis gives people freedom to connect and thrive in a taller, faster, smarter world. The global leader in the manufacture, installation, service and modernization of elevators and escalators, we move 2.5 billion people a day and maintain approximately 2.5 million customer units w
FARMINGTON, Conn., March 11, 2026 /PRNewswire/ -- Otis Worldwide Corporation (NYSE:OTIS) Executive Vice President and CFO Cristina Méndez will participate in a fireside chat at the Industrials Conference hosted by J.P. Morgan on Wednesday, March 18, 2026 at 2:55 p.m. ET. The presentation will be broadcast live at www.otis.com. About OtisOtis gives people freedom to connect and thrive in a taller, faster, smarter world. The global leader in the manufacture, installation, service and modernization of elevators and escalators, we move 2.5 billion people a day and maintain approximately 2.5 million customer units worldwide – the industry's largest Service portfolio. You'll find us in the world's
Designed for older adults, the new Otis Viva™ solutions – for existing and new buildings – promote safe, reliable mobility in support of longer, more independent and active living.CANNES, France, March 10, 2026 /PRNewswire/ -- At MIPIM, the world's largest real estate exhibition, Otis Worldwide Corporation (NYSE:OTIS), the world leader in the manufacture, installation, service and modernization of elevators and escalators, is reinforcing its commitment to intergenerational mobility. As the global population ages, Otis is leading with new accessible, intuitive solutions designed to support evolving mobility needs and help older adults remain independent, active and confident throughout their
Live finance-specific insights
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 currencyNew Equipment orders up 1% at constant currency, backlog up 6%, 3% at constant currencyOperating cash flow of $413 million; adjusted free cash flow of $272 millionShare repurchases of approximately $400 millionFARMINGTON, Conn., April 22, 2026 /PRNewswire/ -- Otis Worldwide Corporation (NYSE:OTIS) reported first quarter 2026 net s
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. The dividend will be payable on June 12, 2026, to shareholders of record at the close of business on May 15, 2026. "With the continued strength of our Service driven business and the cash flows it generates, this dividend increase underscores our disciplined approach to capital allocation," said Judy Marks, Otis Chair, CEO and President. "Our dividend has increased approximately 120% since our spin in 2020, reflecting our focus on delivering attractive and sustainable returns t
FARMINGTON, Conn., April 1, 2026 /PRNewswire/ -- Otis Worldwide Corporation (NYSE:OTIS) will host a conference call on Wednesday, April 22, 2026, at 8:30 a.m. ET. Otis Chair, CEO & President Judy Marks and Executive Vice President & CFO Cristina Mendez will discuss the company's first quarter results and 2026 outlook. We encourage you to join through our webcast link. A corresponding presentation and news release will be available on www.otis.com prior to the call and a recording will be available on the website later in the day. If you are unable to join via the webcast, please
FARMINGTON, Conn., Jan. 29, 2026 /PRNewswire/ -- The Otis Worldwide Corporation (NYSE:OTIS) Board of Directors today declared a quarterly dividend of $0.42 per share of Otis' common stock. The dividend will be payable on March 13, 2026, to shareholders of record at the close of business on February 13, 2026. About Otis Otis gives people freedom to connect and thrive in a taller, faster, smarter world. The global leader in the manufacture, installation, service and modernization of elevators and escalators, we move 2.5 billion people a day and maintain approximately 2.5 million customer units worldwide – the industry's largest Service portfolio. You'll find us in the world's most iconic stru
Otis delivers solid fourth quarter and full year results; announces 2026 outlook based on Service strategy momentum Fourth quarter 2025 Net sales up 3% and organic sales up 1%, driven by Service net sales up 8% with organic sales up 5%Maintenance and repair sales up 7% with organic sales up 4%Service operating profit margin up 100 bpsGAAP EPS up 13% and adjusted EPS up 11%Modernization orders up 43% at constant currency, backlog up 34%, 30% at constant currencyOperating cash flow and adjusted free cash flow of $817 millionFull year 2025 Service net sales up 6% with organic sales up 5%Service operating profit margin up 50 bpsGAAP EPS down 14% and adjusted EPS up 6%Operating cash flow and adju
FARMINGTON, Conn., Jan. 7, 2026 /PRNewswire/ -- Otis Worldwide Corporation (NYSE:OTIS) will host a conference call on Wednesday, January 28, 2026, at 8:30 a.m. ET. Otis Chair, CEO & President Judy Marks and Executive Vice President & CFO Cristina Mendez will discuss the company's fourth quarter and full year results and 2026 outlook. We encourage you to join through our webcast link. A corresponding presentation and news release will be available on www.otis.com prior to the call and a recording will be available on the website later in the day. If you are unable to join via t
FARMINGTON, Conn., Oct. 30, 2025 /PRNewswire/ -- The Otis Worldwide Corporation (NYSE:OTIS) Board of Directors today declared a quarterly dividend of $0.42 per share of Otis' common stock. The dividend will be payable on December 5, 2025, to shareholders of record at the close of business on November 14, 2025. About Otis Otis gives people freedom to connect and thrive in a taller, faster, smarter world. The global leader in the manufacture, installation and servicing of elevators and escalators, we move 2.4 billion people a day and maintain approximately 2.4 million customer units worldwide – the industry's largest Service portfolio. You'll find us in the world's most iconic structures, as
Otis delivers 6% organic Service sales growth with strong Service operating profit margin expansion, and increases the midpoint of 2025 EPS outlook Third quarter 2025 Net sales up 4% and organic sales up 2%, driven by Service net sales up 9% with organic sales up 6%Service operating profit margin up 70 bpsGAAP EPS down 29% and adjusted EPS up 9%Maintenance portfolio units up 4%Modernization orders up 27% at constant currency, backlog up 22%New Equipment orders up 4% at constant currency, up 7% excluding ChinaYear-to-date 2025 Service net sales up 6% with organic sales up 5%Service operating profit margin up 40 bpsGAAP EPS down 21% and adjusted EPS up 4%Operating cash flow of $779 million; ad
FARMINGTON, Conn., Oct. 8, 2025 /PRNewswire/ -- Otis Worldwide Corporation (NYSE:OTIS) will host a conference call on Wednesday, October 29, 2025, at 8:30 a.m. ET. Otis Chair, CEO & President Judy Marks and Executive Vice President & CFO Cristina Mendez will discuss the company's third quarter results and 2025 outlook. We encourage you to join through our webcast link. A corresponding presentation and news release will be available on www.otis.com prior to the call and a recording will be available on the website later in the day. If you are unable to join via the webcast, ple
FARMINGTON, Conn., July 24, 2025 /PRNewswire/ -- The Otis Worldwide Corporation (NYSE:OTIS) Board of Directors today declared a quarterly dividend of $0.42 per share of Otis' common stock. The dividend will be payable on September 5, 2025, to shareholders of record at the close of business on August 15, 2025. About Otis Otis is the world's leading elevator and escalator manufacturing, installation and service company. We move 2.4 billion people a day and maintain approximately 2.4 million customer units worldwide, the industry's largest Service portfolio. Headquartered in Connecticut, USA, Otis is 72,000 people strong, including 44,000 field professionals, all committed to manufacturing, in
Live Leadership Updates
She succeeds Anurag Maheshwari to lead financial activities at Otis FARMINGTON, Conn., July 19, 2024 /PRNewswire/ -- Otis Worldwide Corporation (NYSE: OTIS) announces the appointment of Cristina Méndez as Executive Vice President & Chief Financial Officer, reporting directly to Otis Chair, CEO & President, Judy Marks. Effective August 23, Méndez will succeed Anurag Maheshwari, who is pursuing an opportunity outside Otis. "Cristina has deep expertise in financial management and extensive experience leading transformation within and outside Otis. She understands our long-term strategy and service-driven business model and how to drive growth and shareholder value," said Marks. "As a strategi
Reinforces commitment to ESG in support of its business strategy FARMINGTON, Conn., June 12, 2024 /PRNewswire/ -- Otis Worldwide Corporation (NYSE:OTIS) published its 2023 ESG Report, describing its Environmental, Social and Governance (ESG) strategy and outlining progress on its 13 ESG goals. The Otis ESG strategy focuses on the key areas of Health & Safety, Environment & Impact, People & Communities, and Governance & Accountability. Progress made in each helps to drive value for stakeholders and to advance the company's business strategy across five strategic pillars: sustain New Equipment growth, accelerate Service portfolio growth, deliver modernization value, advance digitalization, an
NEW YORK, March 07, 2024 (GLOBE NEWSWIRE) -- EXL (NASDAQ:EXLS), a leading data analytics and digital operations and solutions company, announced today that Thomas Bartlett has been appointed to EXL's board of directors as an independent director, effective March 6, 2024. Bartlett will serve on the board's audit committee and nominating and governance committee. The company also announced that Som Mittal has notified the board that he will not stand for re-election at EXL's 2024 annual meeting of stockholders and therefore will be retiring from the board in June 2024. "We are excited to welcome Tom to the board," said Board Chair Vikram Pandit. "Tom brings a tremendous amount of experien
Introduces Eight-Member Slate with Deep Experience in Governance, Finance, Legislative and Regulatory Affairs, Strategic Transformations, Transportation and the Railroad Sector Proposes Jim Barber, a Proven Transportation Network Leader and Former Executive at UPS, as CEO and Jamie Boychuk, a Career Railroader and Former Executive at CSX, as COO Introduces "Network of the Future" Strategy Offering Path to Significant Value Creation Releases Presentation Entitled "The Case for Leadership, Safety and Strategy Changes at Norfolk Southern" That is Downloadable at www.MoveNSCForward.com Ohio-based Ancora Holdings Group, LLC, its affiliates and the other participants in its solicitation (
Jim Cramer and Bernardo Calleja to retire in early 2024 FARMINGTON, Conn., Sept. 28, 2023 /PRNewswire/ -- Otis Worldwide Corporation (NYSE: OTIS) announces the appointment of Tracy Embree as President, Otis Americas and Enrique Miñarro Viseras as President, Otis Europe, Middle East and Africa (EMEA), reporting directly to Otis Chair, CEO & President, Judy Marks. Effective Oct. 1, Embree will succeed Jim Cramer and Miñarro Viseras will succeed Bernardo Calleja. Otis is the world's leading company for elevator and escalator manufacturing, installation and service. Embree joins O
She succeeds Perry Zheng who will assume a new executive leadership role at Otis World Headquarters FARMINGTON, Conn., Feb. 27, 2023 /PRNewswire/ -- Otis Worldwide Corporation (NYSE: OTIS) announces the appointment of Sally Loh as President, Otis China, reporting directly to Otis Chair, CEO & President, Judy Marks. Effective March 1, Loh will succeed Perry Zheng, who will return to Otis World Headquarters in the newly created role of Executive Vice President, Chief Product, Delivery and Customer Officer. March 1: Sally Loh will be President Otis China. Perry Zheng will be EVP, Chief Product, Delivery & Customer Officer."Sally's years of experience and deep knowledge of our operations and tea
He succeeds Rahul Ghai to lead financial activities at Otis FARMINGTON, Conn., June 27, 2022 /PRNewswire/ -- Otis Worldwide Corporation (NYSE: OTIS) announces the appointment of Anurag Maheshwari as Executive Vice President & Chief Financial Officer, reporting directly to Otis Chair, CEO & President, Judy Marks. Effective August 12, Maheshwari will succeed Rahul Ghai, who has accepted a position outside Otis. "Anurag has championed our long-term strategy and understands how to drive growth and shareholder value. He has successfully led our finance teams in the highly diverse
RICHMOND, Va., March 17, 2022 (GLOBE NEWSWIRE) -- The Brink's Company (NYSE:BCO), the global leader in total cash management, route-based secure logistics and payment solutions, today announced that Mark Eubanks, executive vice president and chief operating officer (COO), has been appointed president and chief executive officer (CEO), effective May 6, 2022. At that time, Doug Pertz, who has served as president and CEO since July 2016, will transition to executive chairman of the board. In connection with this leadership transition, Mike Herling, who has served as chairman since 2016 and as a director since 2009, will become the board's independent lead director. The board also nominated E
RICHMOND, Va., Aug. 03, 2021 (GLOBE NEWSWIRE) -- The Brink's Company (NYSE:BCO), the global leader in total cash management, route-based secure logistics and payment solutions, today announced that, effective September 7, Mark Eubanks will join the company as executive vice president and chief operating officer, with oversight responsibilities for the company's four regional operating segments. Eubanks, 49, most recently served as president, Europe, Middle East and Africa for Otis Worldwide Corporation (NYSE:OTIS), the leading elevator and escalator manufacturing, installation and service company, and was based in Paris, France. The hiring of Eubanks is part of the company's CEO success
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