
Otis Worldwide (OTIS) Stock Forecast & Price Target
Otis Worldwide (OTIS) Analyst Ratings
Bulls say
Otis Worldwide has demonstrated robust growth, with a remarkable 22% year-over-year increase in moderate order intake and a 16% rise in backlog as of Q2, both figures reported in constant currency. Since 2020, the company has achieved consistent market share gains in new equipment, alongside a doubling in service portfolio unit growth, outperforming key competitors in margin progression. Additionally, management anticipates further acceleration in the second half of the year, signifying a positive outlook for the company’s ongoing performance.
Bears say
Otis Worldwide has experienced a significant decline in investor confidence, resulting in a 13% stock sell-off after it reduced its guidance for the fourth consecutive quarter. The company's Q2 results revealed a 2% decline in organic sales, indicating lackluster performance in its core business segments. Furthermore, the downward revision of 2025 guidance across three out of five categories, including North America and Asia, underscores ongoing challenges and a deteriorating outlook for future revenue growth.
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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