Deutsche Bank initiated coverage on Otis Worldwide with a new price target
$OTIS
Consumer Electronics/Appliances
Technology
Deutsche Bank initiated coverage of Otis Worldwide with a rating of Hold and set a new price target of $109.00
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| Date | Price Target | Rating | 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 |
| 11/13/2024 | $97.00 → $113.00 | Neutral | UBS |
4 - Otis Worldwide Corp (0001781335) (Issuer)
4 - Otis Worldwide Corp (0001781335) (Issuer)
4 - Otis Worldwide Corp (0001781335) (Issuer)
10-Q - Otis Worldwide Corp (0001781335) (Filer)
8-K - Otis Worldwide Corp (0001781335) (Filer)
8-K - Otis Worldwide Corp (0001781335) (Filer)
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
Otis innovation and expertise will help keep London movingLONDON, Jan. 8, 2026 /PRNewswire/ -- Otis (NYSE:OTIS), the world's leading elevator and escalator manufacturing, installation, and service company, has been selected by Transport for London (TfL) to deliver a comprehensive service and modernization program for 172 escalators across the London Underground network. Otis has played an essential role in keeping people moving within and across London for over a century, ever since installing the first passenger escalators on the London Underground at Earl's Court station in
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
Customized elevator and escalator solutions designed to deliver safe and reliable access to this one-of-a-kind driverless transit system MONTREAL, Dec. 22, 2025 /PRNewswire/ -- Otis (NYSE:OTIS), the world's leading elevator and escalator manufacturing, installation and service company, has completed a landmark installation at the Réseau Express Métropolitain (REM) light metro transit in Montréal. This transformative project was designed to connect communities across Greater Montréal and offer safe, reliable and accessible transportation across the city. What is the REM project
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
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
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