
Otis Worldwide (OTIS) Stock Forecast & Price Target
Otis Worldwide (OTIS) Analyst Ratings
Bulls say
Otis Worldwide, as the largest global elevator and escalator supplier, demonstrated robust financial health with a 22% year-over-year growth in modified order intake during Q2, alongside a 16% increase in backlog, signaling strong demand and a positive market outlook. Since 2020, the company has experienced a notable increase in its new equipment market share and a doubling in the growth rate of its service portfolio, contributing to its solid operational performance. Additionally, Otis has significantly outperformed key competitors in margin progression, reinforcing its competitive advantage in the industry.
Bears say
Otis Worldwide has experienced a significant decline in investor confidence, marked by a 13% sell-off following its Q2 results, which included a reduction in guidance for the fourth consecutive quarter. The company's organic sales have declined by 2%, raising concerns regarding its growth trajectory and overall performance. Additionally, the revised 2025 guidance reflects reduced organic sales expectations in three out of five key categories, highlighting ongoing challenges within the business.
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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