
Otis Worldwide (OTIS) Stock Forecast & Price Target
Otis Worldwide (OTIS) Analyst Ratings
Bulls say
Otis Worldwide is experiencing strong operational growth, indicated by a 22% year-over-year increase in modification order intake and a 16% growth in backlog during the second quarter, both measured in constant currency. The company’s management anticipates further acceleration in the second half of the year, with the backlog showing an 8% increase at the end of the quarter. Additionally, since 2020, Otis has doubled its service portfolio unit growth rate and achieved sustained increases in its new equipment market share, significantly outperforming key competitors in margin progression.
Bears say
Otis Worldwide has faced significant challenges, as evidenced by four consecutive quarters of guidance reductions, culminating in a 13% decline in stock value following the most recent Q2 results. The company's organic sales decreased by 2%, and further exacerbating concerns, the 2025 guidance was lowered across three out of five market categories, specifically in North East Americas, North East Asia, and the Modernization sector. This sustained downward trend in performance and outlook raises red flags regarding the company's financial stability and growth potential moving forward.
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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