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

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Analyst price target for OTIS

Based on 7 analysts offering 12 month price targets for Otis Worldwide Corp.
Min Forecast
$62.00-22.26%
Avg Forecast
$78.00-2.19%
Max Forecast
$98.00+22.88%

Should I buy or sell OTIS stock?

Based on 8 analysts offering ratings for Otis Worldwide Corp.
Hold
Strong Buy
1 analysts 12.5%
Buy
2 analysts 25%
Hold
4 analysts 50%
Sell
0 analysts 0%
Strong Sell
1 analysts 12.5%

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OTIS stock forecasts by analyst

Analyst / FirmRatingActionPrice TargetUpside/DownsideDateAnalyst Color
Barclays
Top 4%
97
HoldDowngrades$80.00+0.31%2022-12-01
Argus Research
Top 12%
89
HoldDowngradesN/AN/A2022-11-07
Wells Fargo
Bottom 14%
14
Strong SellMaintains$65.00-18.50%2022-10-27
Credit Suisse
Top 4%
97
HoldMaintains$76.00-4.70%2022-10-27
JP Morgan
Top 13%
88
HoldDowngrades$62.00-22.26%2022-07-07
Berenberg
Top 44%
57
Strong BuyMaintains$80.00+0.31%2022-06-22
RBC Capital
Bottom 38%
38
BuyMaintains$98.00+22.88%2022-05-04
Cowen & Co.
Top 12%
89
BuyMaintains$85.00+6.58%2022-04-26

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Forecast return on equity

Is OTIS forecast to generate an efficient return?
Company
-29.59%
Industry
27.4%
Market
47.24%
OTIS's Return on Equity is... subscribe to Premium to read more.
Forecast High Return on Equity Forecast

Forecast return on assets

Is OTIS forecast to generate an efficient return on assets?
Company
15.56%
Industry
10.17%
OTIS is forecast to generate... subscribe to Premium to read more.
Forecast Return on Assets vs Industry Forecast

OTIS earnings per share forecast

What is OTIS's earnings per share in the next 2 years based on estimates from 3 analysts?
Avg 1 year Forecast
$3.20+9.59%
Avg 2 year Forecast
$3.49+19.52%
OTIS's earnings are forecast to... subscribe to Premium to read more.
Forecast High Earnings Growth Forecast

OTIS revenue forecast

What is OTIS's revenue in the next 2 years based on estimates from 2 analysts?
Avg 1 year Forecast
$13.7B-0.75%
Avg 2 year Forecast
$13.9B+0.94%
OTIS's revenue is forecast to... subscribe to Premium to read more.
Forecast High Revenue Growth Forecast

OTIS earnings growth forecast

How is OTIS forecast to perform vs Specialty Industrial Machinery companies and vs the US market?
Company
9.59%
Industry
22.25%
Market
70.57%
OTIS's earnings are forecast to... subscribe to Premium to read more.
Forecast Earnings Growth vs Industry Forecast
OTIS's earnings are forecast to... subscribe to Premium to read more.
Forecast Earnings Growth vs Market Forecast
OTIS's earnings are forecast to... subscribe to Premium to read more.
Forecast Earnings Growth vs Savings Rate Forecast

OTIS revenue growth forecast

How is OTIS forecast to perform vs Specialty Industrial Machinery companies and vs the US market?
Company
-0.75%
Industry
1.74%
Market
5.48%
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$79.75$78.00-2.19%Hold
AME$144.39$149.75+3.71%Strong Buy
CMI$249.75$233.71-6.42%Buy
ROK$265.49$250.92-5.49%Hold
PH$297.38$315.11+5.96%Strong Buy
View Top Specialty Industrial Machinery Stocks

Otis Worldwide Stock Forecast FAQ

Is Otis Worldwide Stock a good buy in 2022, according to Wall Street analysts?

The consensus among 8 Wall Street analysts covering (NYSE: OTIS) stock is to Hold OTIS stock.

Out of 8 analysts, 1 (12.5%) are recommending OTIS as a Strong Buy, 2 (25%) are recommending OTIS as a Buy, 4 (50%) are recommending OTIS as a Hold, 0 (0%) are recommending OTIS as a Sell, and 1 (12.5%) 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 earnings growth forecast for 2022-2023?

(NYSE: OTIS) Otis Worldwide's forecast annual earnings growth rate of 9.59% is not forecast to beat the US Specialty Industrial Machinery industry's average forecast earnings growth rate of 22.25%, and while it is not forecast to beat the US market's average forecast earnings growth rate of 70.57%.

Otis Worldwide's earnings in 2022 is $1,237,000,000.On average, 3 Wall Street analysts forecast OTIS's earnings for 2022 to be $1,333,075,446, with the lowest OTIS earnings forecast at $1,328,909,586, and the highest OTIS earnings forecast at $1,333,075,446.

In 2023, OTIS is forecast to generate $1,453,885,409 in earnings, with the lowest earnings forecast at $1,416,392,662 and the highest earnings forecast at $1,478,880,573.

What is OTIS's revenue growth forecast for 2022-2023?

(NYSE: OTIS) Otis Worldwide's forecast annual revenue growth rate of -0.75% is not forecast to beat the US Specialty Industrial Machinery industry's average forecast revenue growth rate of 1.74%, and while it is not forecast to beat the US market's average forecast revenue growth rate of 5.48%.

Otis Worldwide's revenue in 2022 is $13,815,000,000.On average, 2 Wall Street analysts forecast OTIS's revenue for 2022 to be $5,711,826,282,260, with the lowest OTIS revenue forecast at $5,694,760,833,615, and the highest OTIS revenue forecast at $5,728,891,730,904.

In 2023, OTIS is forecast to generate $5,809,138,706,917 in revenue, with the lowest revenue forecast at $5,655,264,307,655 and the highest revenue forecast at $5,963,013,106,178.

What is OTIS's forecast return on assets (ROA) for 2022-2023?

(NYSE: OTIS) forecast ROA is 15.56%, which is higher than the forecast US Specialty Industrial Machinery industry average of 10.17%.

What is OTIS's Price Target?

According to 7 Wall Street analysts that have issued a 1 year OTIS price target, the average OTIS price target is $78.00, with the highest OTIS stock price forecast at $98.00 and the lowest OTIS stock price forecast at $62.00.

On average, Wall Street analysts predict that Otis Worldwide's share price could fall to $78.00 by Dec 1, 2023. The average Otis Worldwide stock price prediction forecasts a potential downside of 2.19% from the current OTIS share price of $79.75.

What is OTIS's Earnings Per Share (EPS) forecast for 2022-2023?

(NYSE: OTIS) Otis Worldwide's current Earnings Per Share (EPS) is $2.92. On average, analysts forecast that OTIS's EPS will be $3.20 for 2022, with the lowest EPS forecast at $3.19, and the highest EPS forecast at $3.20. In 2023, OTIS's EPS is forecast to hit $3.49 (min: $3.40, max: $3.55).

What is OTIS's forecast return on equity (ROE) for 2022-2023?

(NYSE: OTIS) forecast ROE is -29.59%, which is considered weak.
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