8/13/2025, 2:01:36 PM | www.barchart.com | news
Is Wall Street Bullish Or Bearish On Otis Worldwide Stock?
Otis Worldwide Corporation, a global leader in vertical transportation systems including elevators, escalators, and moving walkways, is headquartered in Farmington, Connecticut. Despite solid revenue growth, the company has underperformed the broader market in 2025, with shares down 4.8% year-to-date compared to a 9.6% gain in the S&P 500. Q2 2025 results showed an adjusted EPS of $1.05, slightly down year-over-year but above consensus, while net sales of $3.6 billion missed projections. Analysts expect full-year EPS growth of 5.2% to $4.03. The consensus rating is now a 'Moderate Buy,' upgraded from 'Hold,' with a mean price target of $99.45 and a street-high target of $108. RBC Capital reduced its price target to $105 from $108, citing ongoing guidance reductions, though it maintains an 'Outperform' rating. The article notes that the sentiment has slightly improved, with fewer 'Strong Sell' ratings, and emphasizes that the company remains viewed as one of the highest-quality names in the sector.