Headquartered in Farmington, CT Fiscal year ends December NYSE: OTIS otis.com
Otis Worldwide Corporation is the world's largest elevator and escalator manufacturing, installation, service, and modernization company. Otis moves approximately 2.5 billion people per day and maintains roughly 2.5 million customer units worldwide, representing the industry's largest service portfolio. The company operates through two primary segments: Service (encompassing maintenance, repair, and modernization of existing elevator and escalator units) and New Equipment (manufacturing and installation of new elevators and escalators). With approximately 72,000 employees, including 45,000 field professionals, Otis operates in more than 200 countries and territories. The company's business model is increasingly oriented toward its higher-margin, recurring Service segment, which generates the majority of revenue and profits. Otis was spun off from United Technologies Corporation (now RTX Corporation) in April 2020 and trades on the NYSE under the ticker OTIS. Updated
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Wednesday's top analyst upgrades and downgrades included Applied Digital, Emerson Electric, Gaming and Leisure Properties, HP, Otis Worldwide, QuantumScape, SunPower and Verizon Communications.
Tuesday's top analyst upgrades and downgrades included Apple, Baidu, Biogen, Comcast, Danaher, Estee Lauder, Exxon Mobil, General Motors, Otis Worldwide, Principal Financial and Zillow.
Friday's top analyst upgrades and downgrades included ADT, Costco Wholesale, CrowdStrike, Gilead Sciences, Liberty Global, Otis Worldwide, PagSeguro Digital, Palo Alto Networks, Salesforce, Sunrun, Synchrony Financial and Zscaler.
Friday's top analyst upgrades and downgrades included Agilent Technologies, Bunge, Duolingo, Dynatrace, Emerson Electric, Kohl’s, Lamar Advertising, Oshkosh, Regions Financial, Splunk, Spotify, XPO Logistics and more.
Wednesday's top analyst upgrades and downgrades included Albemarle, Camping World, eBay, EOG Resources, Etsy, Global Payments, IMAX, JPMorgan Chase, MetLife, Otis Worldwide, Salesforce, Wayfair and Zillow.
Here is a preview of three companies set to report quarterly results before markets open on Monday.
Here's a preview of three companies set to report earnings before markets open on Monday.
Otis Worldwide Corporation is the world's largest elevator and escalator manufacturing, installation, service, and modernization company. Otis moves approximately 2.5 billion people per day and maintains roughly 2.5 million customer units worldwide, representing the industry's largest service portfolio.
24/7 Wall St.'s 12-month price target for OTIS is $80.65, rated Buy. The Wall Street consensus target is $86.54. OTIS price prediction →
