97.12

0.79% 0.7272

Otis Worldwide Corp (OTIS)

Overview News Price History Option Chain Financials Discussions Forecast Dividend History

Otis Worldwide Corp stock is traded at $97.12, with a volume of 622.45K. It is up +0.79% in the last 24 hours and down -6.53% over the past month. Otis is the largest global elevator and escalator supplier by revenue with around 18% global market share. In 1854 Otis' founder and namesake Elisha Graves Otis, invented a safety mechanism that prevented elevators from falling if the hoisting cable failed. The company's product and service lifecycle begins with installations of elevator units in new buildings, later selling maintenance services on the units, and eventually replacement of the units after the average 15- to 20-year useful life of an elevator. As the largest global OEM, Otis has amassed an installed base under service that exceeds 2 million elevators. Its business model is similar to that of its closest competitors Kone, Schindler, and TK Elevator.

Previous Close:

$96.39

Open:

$97.12

24h Volume:

622.45K

Relative Volume:

0.24

Market Cap:

$36.68B

Revenue:

$14.17B

Net Income/Loss:

$1.54B

P/E Ratio:

25.49

EPS:

3.81

Net Cash Flow:

$1.45B

1W Performance:

+4.54%

1M Performance:

-6.53%

6M Performance:

-2.30%

1Y Performance:

+5.86%

1-Day Range:

$96.68

$97.41

1-Week Range:

$92.50

$97.41

52-Week Range:

$89.70

$106.83

Otis Worldwide Corp Stock (OTIS) Company Profile

Name

Otis Worldwide Corp

Sector

Industrials (666)

Industry

Specialty Industrial Machinery (84)

Phone

(860) 674-3000

Address

ONE CARRIER PLACE, FARMINGTON, CT

Employee

72,000

Twitter

@OtisElevatorCo

Next Earnings Date

2025-01-29

Latest SEC Filings

OTIS's Discussions on Twitter

Compare OTIS with other stocks

Stocks	Price	Market Cap	Revenue	Net Income	Cash Flow	EPS
OTIS Otis Worldwide Corp	97.00	36.68B	14.17B	1.54B	1.45B	3.81
ETN Eaton Corporation Plc	294.84	112.45B	24.88B	3.79B	3.52B	9.50
GEV Ge Vernova Inc	396.48	101.65B	35.71B	1.94B	3.34B	6.94
PH Parker Hannifin Corp	623.25	77.00B	19.91B	3.16B	3.30B	24.16
ITW Illinois Tool Works Inc	241.48	70.26B	15.90B	3.49B	2.84B	11.72
EMR Emerson Electric Co	108.10	59.37B	17.55B	2.41B	3.27B	4.19

Otis Worldwide Corp Stock (OTIS) Upgrades & Downgrades

Date	Action	Analyst	Rating Change
Dec-12-24	Downgrade	Wolfe Research	Peer Perform → Underperform
Dec-05-24	Downgrade	Barclays	Equal Weight → Underweight
Nov-13-24	Resumed	UBS	Neutral
Oct-08-24	Downgrade	Wolfe Research	Outperform → Peer Perform
Sep-06-24	Initiated	Morgan Stanley	Equal-Weight
Apr-02-24	Initiated	Melius	Hold
Feb-22-24	Upgrade	Argus	Hold → Buy
Jan-02-24	Downgrade	Vertical Research	Buy → Hold
Oct-03-23	Initiated	UBS	Neutral
May-01-23	Upgrade	Wells Fargo	Underweight → Equal Weight
Jan-06-23	Initiated	Morgan Stanley	Equal-Weight
Dec-01-22	Downgrade	Barclays	Overweight → Equal Weight
Nov-07-22	Downgrade	Argus	Buy → Hold
Jul-07-22	Downgrade	JP Morgan	Overweight → Neutral
Jul-05-22	Downgrade	Exane BNP Paribas	Outperform → Neutral
May-24-22	Upgrade	Barclays	Equal Weight → Overweight
Oct-08-21	Initiated	Wells Fargo	Underweight
Jul-07-21	Initiated	RBC Capital Mkts	Outperform
Mar-29-21	Upgrade	HSBC Securities	Reduce → Hold
Mar-16-21	Initiated	Berenberg	Buy
Sep-24-20	Upgrade	Wolfe Research	Peer Perform → Outperform
Jun-29-20	Initiated	HSBC Securities	Reduce
Jun-18-20	Initiated	Argus	Buy
May-22-20	Initiated	Cowen	Outperform
May-14-20	Initiated	Credit Suisse	Neutral
May-08-20	Initiated	William Blair	Mkt Perform
Apr-15-20	Initiated	Barclays	Equal Weight
Apr-14-20	Initiated	Atlantic Equities	Overweight
Apr-09-20	Initiated	JP Morgan	Overweight

View All

Otis Worldwide Corp Stock (OTIS) Latest News

07:03 AM

Otis Worldwide Co. (NYSE:OTIS) Shares Acquired by Northern Trust Corp - MarketBeat

07:03 AM

06:14 AM

Otis Worldwide Co. (NYSE:OTIS) Shares Sold by Kovitz Investment Group Partners LLC - MarketBeat

06:14 AM

02:43 AM

Otis Worldwide Co. (NYSE:OTIS) Receives Consensus Recommendation of "Hold" from Brokerages - MarketBeat

02:43 AM

01:56 AM

Voya Investment Management LLC Sells 56,085 Shares of Otis Worldwide Co. (NYSE:OTIS) - MarketBeat

01:56 AM

May 01, 2025

AdvisorShares Investments LLC Raises Stock Position in Otis Worldwide Co. (NYSE:OTIS) - MarketBeat

May 01, 2025

Apr 30, 2025

Otis Worldwide (NYSE:OTIS) Price Target Lowered to $105.00 at Royal Bank of Canada - MarketBeat

Apr 30, 2025

Pinebridge Investments L.P. Sells 579,180 Shares of Otis Worldwide Co. (NYSE:OTIS) - MarketBeat

Apr 30, 2025

Oxford Asset Management LLP Takes Position in Otis Worldwide Co. (NYSE:OTIS) - MarketBeat

Apr 30, 2025

Aquatic Capital Management LLC Invests $3.75 Million in Otis Worldwide Co. (NYSE:OTIS) - MarketBeat

Apr 30, 2025

Banco Bilbao Vizcaya Argentaria S.A. Cuts Stock Position in Otis Worldwide Co. (NYSE:OTIS) - MarketBeat

Apr 30, 2025

Stifel Financial Corp Has $8.78 Million Stock Holdings in Otis Worldwide Co. (NYSE:OTIS) - MarketBeat

Apr 30, 2025

State of Tennessee Department of Treasury Trims Stock Position in Otis Worldwide Co. (NYSE:OTIS) - MarketBeat

Apr 30, 2025

Apr 29, 2025

Burling Wealth Partners LLC Makes New $1.41 Million Investment in Otis Worldwide Co. (NYSE:OTIS) - MarketBeat

Apr 29, 2025

MML Investors Services LLC Has $6.69 Million Stock Position in Otis Worldwide Co. (NYSE:OTIS) - MarketBeat

Apr 29, 2025

Otis Worldwide Co. (NYSE:OTIS) Shares Sold by Price T Rowe Associates Inc. MD - MarketBeat

Apr 29, 2025

Otis Worldwide Co. (NYSE:OTIS) Shares Acquired by BI Asset Management Fondsmaeglerselskab A S - MarketBeat

Apr 29, 2025

Apr 28, 2025

RBC Capital cuts Otis stock price target to $105, maintains Outperform - Investing.com Nigeria

Apr 28, 2025

Tower Research Capital LLC TRC Has $2.16 Million Stake in Otis Worldwide Co. (NYSE:OTIS) - MarketBeat

Apr 28, 2025

Otis Worldwide Co. (NYSE:OTIS) Shares Sold by First Trust Advisors LP - MarketBeat

Apr 27, 2025

Otis Worldwide (NYSE:OTIS) Price Target Cut to $90.00 by Analysts at Barclays - MarketBeat

Apr 27, 2025

Otis Worldwide's (NYSE:OTIS) Dividend Will Be Increased To $0.42 - Yahoo Finance

Apr 27, 2025

6,536 Shares in Otis Worldwide Co. (NYSE:OTIS) Bought by Quantessence Capital LLC - MarketBeat

Apr 27, 2025