
Otis Worldwide (OTIS) Stock Forecast & Price Target
Otis Worldwide (OTIS) Analyst Ratings
Bulls say
Otis Worldwide has demonstrated strong performance metrics, with a 22% year-over-year growth in modern order intake and a 16% year-over-year increase in backlog for the second quarter, both figures adjusted for constant currency. Since 2020, the company has also doubled its rate of service portfolio unit growth and has seen sustained increases in new equipment market share, significantly outpacing key competitors in margin progression. This combination of growing order intake, expanding service units, and enhanced market share positions Otis favorably within the elevator and escalator industry.
Bears say
Otis Worldwide has experienced a decline in organic sales of 2% in Q2, leading to the reduction of guidance for the fourth consecutive quarter. This ongoing pattern of lowered expectations has resulted in a notable 13% sell-off in the company’s stock value. Furthermore, the company has revised its 2025 guidance downwards in three out of five key categories, indicating potential challenges in the upcoming financial periods.
This aggregate rating is based on analysts' research of Otis Worldwide and is not a guaranteed prediction by Public.com or investment advice.
Otis Worldwide (OTIS) Analyst Forecast & Price Prediction
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