Otis Worldwide Stock: Analyst Estimates & Ratings

With a market cap of $27.8 billion, Otis Worldwide Corporation (OTIS) is a global leader in the manufacture, installation, service, and modernization of elevators and escalators, moving 2.5 billion people every day and maintaining approximately 2.5 million customer units worldwide. It has 72,000 employees, including 45,000 field professionals, serving customers and passengers across more than 200 countries and territories.

Shares of the elevator maker have underperformed the broader market over the past 52 weeks. OTIS stock has declined 18.2% over this time frame, while the broader S&P 500 Index ($SPX) has gained 20.6%. Moreover, the stock has fallen 16.4% on a YTD basis, compared to SPX’s 13.9% increase.

Zooming in further, shares of the Farmington, Connecticut-based company also lagged behind the State Street Industrial Select Sector SPDR ETF’s (XLI) 21.9% return over the past 52 weeks and a 19.8% YTD gain. 

Otis Worldwide’s shares fell 2.1% on Jul. 22 after the company cut its full-year adjusted EPS forecast to $4.01 - $4.05, citing higher labor, productivity, and investment costs. The outlook was also pressured by weakness in new-equipment demand, particularly in China, where sales fell in the high teens, while the company expects new-equipment organic sales to be flat or down low-single digits. Although Q2 2026 revenue rose 7% to $3.86 billion and beat the $3.76 billion estimate, adjusted EPS of $1.01 merely matched expectations and the margin miss and reduced full-year outlook overshadowed the revenue growth.

For the fiscal year ending in December 2026, analysts expect Otis Worldwide’s adjusted EPS to decline marginally year-over-year to $4.03. The company's earnings surprise history is mixed. It beat or met the consensus estimates in three of the last four quarters while missing on another occasion. 

Among the 13 analysts covering the stock, the consensus rating is a “Moderate Buy.” That’s based on five “Strong Buy” ratings, one “Moderate Buy,” six “Holds,” and one “Strong Sell.” 

This configuration is slightly more bullish than three months ago, with a four “Strong Buy” rating on the stock.

On Aug. 10, Morgan Stanley cut its price target for Otis Worldwide to $75 while maintaining an “Equal Weight” rating.

The mean price target of $86.75 represents a 18.8% premium to OTIS’ current price levels. The Street-high price target of $108 suggests a 47.9% potential upside.