Otis Worldwide downgraded by Wolfe Research with a new price target
$OTIS
Consumer Electronics/Appliances
Technology
Wolfe Research downgraded Otis Worldwide from Peer Perform to Underperform and set a new price target of $104.00
Stay ahead of the competition with Standout.work - your AI-powered talent-to-startup matching platform.
| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 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 |
| 10/8/2024 | Outperform → Peer Perform | Wolfe Research |
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)
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
- Provides 169 cutting-edge elevator systems, supporting smarter & smoother living - Continues long customer relationship in reshaping luxury residential landscape HYDERABAD, India, Oct. 15, 2025 /PRNewswire/ -- Otis India, a subsidiary of Otis Worldwide Corporation (NYSE:OTIS), the global leader in the manufacture, installation, and servicing of elevators and escalators, has secured a major deal with My Home Group to provide next-generation elevator solutions for three of their luxury residential developments in Hyderabad. Otis India will supply 169 high-speed elevator system
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
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
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
SC 13G - Otis Worldwide Corp (0001781335) (Subject)
SC 13G/A - Otis Worldwide Corp (0001781335) (Subject)
SC 13G/A - Otis Worldwide Corp (0001781335) (Subject)