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NYSE: OTIS
Otis Worldwide Corp Stock Forecast, Predictions & Price Target

OverviewForecast
EarningsDividendOwnership

Analyst price target for OTIS

Based on 5 analysts offering 12 month price targets for Otis Worldwide Corp.
Min Forecast
$90.00-5.37%
Avg Forecast
$96.40+1.36%
Max Forecast
$102.00+7.24%

Should I buy or sell OTIS stock?

Based on 5 analysts offering ratings for Otis Worldwide Corp.
Buy
Strong Buy
1 analysts 20%
Buy
1 analysts 20%
Hold
3 analysts 60%
Sell
0 analysts 0%
Strong Sell
0 analysts 0%

Be the first to know when Wall Street analysts revise their OTIS stock forecasts and price targets.

OTIS stock forecasts by analyst

Analyst / FirmRatingActionPrice TargetUpside/DownsideDateAnalyst Color
lockedlocked$00.00+00.00%2024-04-02
lockedlocked$00.00+00.00%2024-02-22
lockedlocked$00.00+00.00%2024-02-16
lockedlocked$00.00+00.00%2024-02-05
lockedlocked$00.00+00.00%2024-02-01

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Forecast return on equity

Is OTIS forecast to generate an efficient return?

Forecast return on assets

Is OTIS forecast to generate an efficient return on assets?

OTIS revenue forecast

What is OTIS's revenue in the next 3 years based on estimates from 2 analysts?
Avg 1 year Forecast
$14.7B+3.52%
Avg 2 year Forecast
$15.4B+8.51%
Avg 3 year Forecast
$16.1B+13.4%
OTIS's revenue is forecast to... subscribe to Premium to read more.
Forecast High Revenue Growth Forecast

OTIS revenue growth forecast

How is OTIS forecast to perform vs Specialty Industrial Machinery companies and vs the US market?
Company
4.15%
Industry
2.67%
Market
9.2%
OTIS's revenues are forecast to... subscribe to Premium to read more.
Forecast Revenue Growth vs Industry Forecast
OTIS's revenues are forecast to... subscribe to Premium to read more.
Forecast Revenue Growth vs Market Forecast

OTIS vs Specialty Industrial Machinery Stocks

TickerPricePrice TargetUp/downsideConsensus
OTIS$95.11$96.40+1.36%Buy
CMI$287.56$279.63-2.76%Hold
AME$177.70$190.75+7.34%Strong Buy
IR$88.40$98.75+11.71%Strong Buy
ROK$269.96$303.60+12.46%Buy
View Top Specialty Industrial Machinery Stocks

Otis Worldwide Stock Forecast FAQ

Is Otis Worldwide Stock a good buy in 2024, according to Wall Street analysts?

The consensus among 5 Wall Street analysts covering (NYSE: OTIS) stock is to Buy OTIS stock.

Out of 5 analysts, 1 (20%) are recommending OTIS as a Strong Buy, 1 (20%) are recommending OTIS as a Buy, 3 (60%) are recommending OTIS as a Hold, 0 (0%) are recommending OTIS as a Sell, and 0 (0%) are recommending OTIS as a Strong Sell.

If you're new to stock investing, here's how to buy Otis Worldwide stock.

What is OTIS's revenue growth forecast for 2024-2026?

(NYSE: OTIS) Otis Worldwide's forecast annual revenue growth rate of 4.15% is forecast to beat the US Specialty Industrial Machinery industry's average forecast revenue growth rate of 2.67%, and while it is not forecast to beat the US market's average forecast revenue growth rate of 9.2%.

Otis Worldwide's revenue in 2024 is $14,209,000,000.On average, 2 Wall Street analysts forecast OTIS's revenue for 2024 to be $5,963,734,784,724, with the lowest OTIS revenue forecast at $5,942,707,907,819, and the highest OTIS revenue forecast at $5,984,761,661,628. On average, 2 Wall Street analysts forecast OTIS's revenue for 2025 to be $6,251,427,141,875, with the lowest OTIS revenue forecast at $6,229,773,837,574, and the highest OTIS revenue forecast at $6,273,080,446,177.

In 2026, OTIS is forecast to generate $6,533,122,825,108 in revenue, with the lowest revenue forecast at $6,533,122,825,108 and the highest revenue forecast at $6,533,122,825,108.

What is OTIS's forecast return on assets (ROA) for 2024-2026?

(NYSE: OTIS) forecast ROA is N/A, which is lower than the forecast US Specialty Industrial Machinery industry average of 1.35%.

What is OTIS's Price Target?

According to 5 Wall Street analysts that have issued a 1 year OTIS price target, the average OTIS price target is $96.40, with the highest OTIS stock price forecast at $102.00 and the lowest OTIS stock price forecast at $90.00.

On average, Wall Street analysts predict that Otis Worldwide's share price could reach $96.40 by Apr 2, 2025. The average Otis Worldwide stock price prediction forecasts a potential upside of 1.36% from the current OTIS share price of $95.11.

What is OTIS's forecast return on equity (ROE) for 2024-2026?

(NYSE: OTIS) forecast ROE is N/A, which is considered weak.
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