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Otis Worldwide

OTISNYSE
$99.47
00.00%
Last update: 4:00 PM
15 minutes delayed
Q2 2024 earnings tomorrow on Wed Jul 24th before the market open
Conference call scheduled tomorrow at 8:30 AM Click to view the webcast
Consensus Rating1
Equal-Weight
Highest Price Target1
$108.00
Lowest Price Target1
$76.00
Consensus Price Target1
$90.53

Otis Worldwide (NYSE:OTIS) Stock, Analyst Ratings, Price Targets, Forecasts

Otis Worldwide Corp has a consensus price target of $90.53 based on the ratings of 16 analysts. The high is $108 issued by Argus Research on May 13, 2024. The low is $76 issued by Wells Fargo on January 19, 2023. The 3 most-recent analyst ratings were released by Wells Fargo, Argus Research, and JP Morgan on July 10, 2024, May 13, 2024, and April 25, 2024, respectively. With an average price target of $104.33 between Wells Fargo, Argus Research, and JP Morgan, there's an implied 4.93% upside for Otis Worldwide Corp from these most-recent analyst ratings.

Analyst Trends and Forecast
1
2
Feb
3
Apr
0
0
0
0
May
1
Jul
Buy
Hold
Sell
Strong Sell
Analyst Rating and Forecast
12345
2.4
Sell
Strong Buy
Buy
Hold
Sell
Strong Sell

Analyst Firms Making Recommendations1

Wells Fargo
Argus Research
JP Morgan
Barclays
UBS

1calculated from analyst ratings

Analyst Ratings for Otis Worldwide

Buy NowGet Alert
07/10/2024Buy Now0.57%Wells Fargo
Joseph O'Dea
$98 → $100MaintainsEqual-WeightGet Alert
05/13/2024Buy Now8.62%Argus Research
John Eade
$102 → $108MaintainsBuyGet Alert
04/25/2024Buy Now5.6%JP Morgan
Stephen Tusa
$104 → $105MaintainsNeutralGet Alert
04/25/2024Buy Now-1.44%Wells Fargo
Joseph O'Dea
$102 → $98MaintainsEqual-WeightGet Alert
04/02/2024Buy Now-9.48%Barclays
Julian Mitchell
$85 → $90MaintainsEqual-WeightGet Alert
02/22/2024Buy Now2.58%Argus Research
John Eade
→ $102UpgradeHold → BuyGet Alert
02/16/2024Buy Now-4.46%UBS
Chris Snyder
$87 → $95MaintainsNeutralGet Alert
02/05/2024Buy Now0.57%RBC Capital
Nicholas Housden
→ $100ReiteratesOutperform → OutperformGet Alert
02/01/2024Buy Now-4.46%Wells Fargo
Joseph O'Dea
$97 → $95MaintainsEqual-WeightGet Alert
01/02/2024Buy NowVertical Research
Jeffrey Sprague
DowngradeBuy → HoldGet Alert
12/19/2023Buy Now-2.44%Wells Fargo
Joseph O'Dea
$82 → $97MaintainsEqual-WeightGet Alert
10/03/2023Buy Now-12.5%UBS
Chris Snyder
→ $87Initiates → NeutralGet Alert
07/27/2023Buy Now-7.47%Morgan Stanley
Joshua Schimmer
$91 → $92MaintainsEqual-WeightGet Alert
07/27/2023Buy Now-14.51%JP Morgan
Stephen Tusa
$80 → $85MaintainsNeutralGet Alert
07/12/2023Buy Now-8.48%Morgan Stanley
Joshua Schimmer
$91 → $91ReiteratesEqual-Weight → Equal-WeightGet Alert
07/10/2023Buy Now-9.48%Wells Fargo
Joseph O'Dea
$88 → $90MaintainsEqual-WeightGet Alert
07/10/2023Buy Now-19.54%Barclays
Julian Mitchell
$79 → $80MaintainsEqual-WeightGet Alert
05/01/2023Buy Now-11.5%Wells Fargo
Joseph O'Dea
$75 → $88UpgradeUnderweight → Equal-WeightGet Alert
04/27/2023Buy Now-8.48%Morgan Stanley
Joshua Schimmer
$90 → $91MaintainsEqual-WeightGet Alert
04/19/2023Buy Now-9.48%Morgan Stanley
Joshua Schimmer
$89 → $90MaintainsEqual-WeightGet Alert
04/19/2023Buy Now-18.54%HSBC
Puneet Garg
$72 → $81MaintainsHoldGet Alert
04/13/2023Buy Now-24.57%Wells Fargo
Joseph O'Dea
$82 → $75MaintainsUnderweightGet Alert
04/06/2023Buy Now-20.55%Barclays
Julian Mitchell
$81 → $79MaintainsEqual-WeightGet Alert
02/02/2023Buy Now-4.46%Cowen & Co.
Gautam Khanna
$90 → $95MaintainsOutperformGet Alert
02/02/2023Buy Now-18.54%Barclays
Julian Mitchell
$80 → $81MaintainsEqual-WeightGet Alert
02/02/2023Buy Now-10.49%Morgan Stanley
Joshua Pokrzywinski
$84 → $89MaintainsEqual-WeightGet Alert
02/02/2023Buy Now-17.53%Wells Fargo
Joseph O'Dea
$76 → $82MaintainsUnderweightGet Alert
01/19/2023Buy Now-23.56%Wells Fargo
Joe O'Dea
$71 → $76MaintainsUnderweightGet Alert
01/06/2023Buy Now-15.52%Morgan Stanley
Joshua Pokrzywinski
→ $84Initiates → Equal-WeightGet Alert
01/05/2023Buy Now-28.59%Wells Fargo
Joe O'Dea
$65 → $71MaintainsUnderweightGet Alert
12/01/2022Buy Now-19.54%Barclays
Julian Mitchell
→ $80DowngradeOverweight → Equal-WeightGet Alert
11/07/2022Buy NowArgus Research
John Eade
DowngradeBuy → HoldGet Alert
10/27/2022Buy Now-34.63%Wells Fargo
Joseph O'Dea
$70 → $65MaintainsUnderweightGet Alert
10/27/2022Buy Now-23.56%Credit Suisse
John Walsh
$73 → $76MaintainsNeutralGet Alert
10/03/2022Buy Now-19.54%Barclays
Julian Mitchell
$83 → $80MaintainsOverweightGet Alert
07/28/2022Buy Now-19.54%Credit Suisse
John Walsh
$79 → $80MaintainsNeutralGet Alert
07/28/2022Buy Now-29.6%Wells Fargo
Joseph O'Dea
$67 → $70MaintainsUnderweightGet Alert
07/08/2022Buy Now-19.54%Barclays
Julian Mitchell
$82 → $80MaintainsOverweightGet Alert
07/07/2022Buy Now-37.64%JP Morgan
Stephen Tusa
→ $62DowngradeOverweight → NeutralGet Alert
06/29/2022Buy Now-30.6%Wells Fargo
Joseph O'Dea
$73 → $69MaintainsUnderweightGet Alert
06/22/2022Buy Now-19.54%Berenberg
Joel Spungin
$88 → $80MaintainsBuyGet Alert
05/24/2022Buy Now-17.53%Barclays
Julian Mitchell
$80 → $82UpgradeEqual-Weight → OverweightGet Alert
05/04/2022Buy Now-1.44%RBC Capital
Nicholas Housden
$94 → $98MaintainsOutperformGet Alert
04/26/2022Buy Now-14.51%Cowen & Co.
Cai Rumohr
$91 → $85MaintainsOutperformGet Alert
04/26/2022Buy Now-19.54%Barclays
Julian Mitchell
$88 → $80MaintainsEqual-WeightGet Alert
04/26/2022Buy Now-18.54%Credit Suisse
John Walsh
$88 → $81MaintainsNeutralGet Alert
10/26/2021Buy Now-7.47%Credit Suisse
John Walsh
MaintainsNeutralGet Alert
10/26/2021Buy Now-11.5%Barclays
Julian Mitchell
MaintainsEqual-WeightGet Alert
10/08/2021Buy Now-27.59%Wells Fargo
Joseph O'Dea
Initiates → UnderweightGet Alert
10/04/2021Buy Now-10.49%Barclays
Julian Mitchell
MaintainsEqual-WeightGet Alert
07/27/2021Buy Now-8.48%Credit Suisse
John Walsh
MaintainsNeutralGet Alert
07/27/2021Buy Now-13.51%Barclays
Brian Johnson
MaintainsEqual-WeightGet Alert

FAQ

Q

What is the target price for Otis Worldwide (OTIS) stock?

A

The latest price target for Otis Worldwide (NYSE:OTIS) was reported by Wells Fargo on July 10, 2024. The analyst firm set a price target for $100.00 expecting OTIS to rise to within 12 months (a possible 0.53% upside). 14 analyst firms have reported ratings in the last year.

Q

What is the most recent analyst rating for Otis Worldwide (OTIS)?

A

The latest analyst rating for Otis Worldwide (NYSE:OTIS) was provided by Wells Fargo, and Otis Worldwide maintained their equal-weight rating.

Q

When was the last upgrade for Otis Worldwide (OTIS)?

A

The last upgrade for Otis Worldwide Corp happened on February 22, 2024 when Argus Research raised their price target to $102. Argus Research previously had a hold for Otis Worldwide Corp.

Q

When was the last downgrade for Otis Worldwide (OTIS)?

A

The last downgrade for Otis Worldwide Corp happened on January 2, 2024 when Vertical Research changed their price target from N/A to N/A for Otis Worldwide Corp.

Q

When is the next analyst rating going to be posted or updated for Otis Worldwide (OTIS)?

A

Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of Otis Worldwide, and listening in to earnings conference calls. Most analysts do this every three months, so you should get 4 ratings per company per firm each year. The last rating for Otis Worldwide was filed on July 10, 2024 so you should expect the next rating to be made available sometime around July 10, 2025.

Q

Is the Analyst Rating Otis Worldwide (OTIS) correct?

A

While ratings are subjective and will change, the latest Otis Worldwide (OTIS) rating was a maintained with a price target of $98.00 to $100.00. The current price Otis Worldwide (OTIS) is trading at is $99.47, which is within the analyst’s predicted range.

Browse analyst ratings and price targets on all stocks.

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