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Why is OTIS up 3.38%?
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OTIS:NYSE
Otis Worldwide Corp
$78.37
+3.38%
(+2.56) 1D
$78.37
0.00% (0.00)
After hours
Closed: Nov 2, 4:00:05 PM GMT-5  ·   USD
All symbols
SymbolPriceChange% Change
Generating top insights for OTIS...
Open
$76.00
High
$78.65
Low
$75.95
Mkt. cap
29.84B
Avg. vol.
4.73M
Volume
5.20M
Dividend
2.25%
Quarterly dividend
$0.44
Ex-dividend date
May 15, 2026
P/E ratio
19.46
52-wk high
$94.56
52-wk low
$63.58
EPS
$4.03
Beta
0.87
Shares outstanding
380.71M
No. of employees
72K
Open
$76.00
High
$78.65
Low
$75.95
Mkt. cap
29.84B
Avg. vol.
4.73M
Volume
5.20M
Dividend
2.25%
Quarterly dividend
$0.44
Ex-dividend date
May 15, 2026
P/E ratio
19.46
52-wk high
$94.56
52-wk low
$63.58
EPS
$4.03
Beta
0.87
Shares outstanding
380.71M
No. of employees
72K
News stories
From web sources and news partners
Profile
Otis Worldwide Corporation, doing business as its former legal name Otis Elevator Company and styled as OTIS, is an American company that develops, manufactures and markets elevators, escalators, moving walkways, and related equipment. Based in Farmington, Connecticut, U.S., Otis is the world's largest manufacturer of vertical transportation systems, principally focusing on elevators, escalators, and moving walkways. It currently has a market share of 18%. The company pioneered the development of the "safety elevator", invented by Elisha Otis in 1852, which used a special mechanism that locked the elevator car in place against hoisting rope failure. The Otis Elevator Company was acquired by United Technologies in 1976, and was spun off as an independent company 44 years later in April 2020. Wikipedia
About Otis Worldwide Corp
CEOJudith F. Marks
Employees72K
Founded1853
HeadquartersFarmington, Connecticut, United States
SectorMachine industry
Websiteotis.com
Analyst ratings
Based on 6 analysts giving stock ratings to OTIS in the past 3 months
Buy
Buy
3
Hold
2
Sell
1
12-month forecast
Based on 6 Wall Street analysts offering 12 month price targets for OTIS in the last 3 months.
Highest
Current $78.37
$108.00 (+37.81%)
Average
$86.67 (+10.59%)
Lowest
$75.00 (-4.30%)
Analyst
Recommendation
Action
Price target
Projected
Date
Varun Govindaraj
Bernstein
Buy
Reiterated
$94.00
+19.9%
10/29/2026
Stephen Tusa
Wells Fargo
Sell
Maintained
$75.00
-4.3%
10/29/2026
Jingyi Zheng
UBS
Hold
Maintained
$78.00
-0.5%
10/19/2026
Brandon Knutson‏
Morgan Stanley
Hold
Reiterated
$75.00
-4.3%
10/19/2026
Nicholas Housden
RBC Capital
Buy
Maintained
$90.00
+14.8%
10/09/2026
Unknown Analyst
UBS
Hold
Reiterated
$78.00
-0.5%
09/15/2026
Kristina Ruggeri
Argus Research
Buy
Maintained
$108.00
+37.8%
08/20/2026
Christopher Snyder
Morgan Stanley
Hold
Reiterated
$75.00
-4.3%
08/10/2026
Alexander Virgo
Evercore ISI
Buy
Maintained
$95.00
+21.2%
07/23/2026
Unknown Analyst
Bernstein
Buy
Maintained
$97.00
+23.8%
07/01/2026
Joe O'Dea
Wells Fargo
Hold
Maintained
$80.00
+2.1%
06/05/2026
Nigel Coe
Wolfe Research
Hold
Maintained
$104.00
+32.7%
04/22/2026
Julian Mitchell
Barclays
Sell
Reiterated
$77.00
-1.7%
04/23/2026
Patrick Baumann
J.P. Morgan
Hold
Maintained
$88.00
+12.3%
04/22/2026
Lewis Merrick
Exane BNP Paribas
Buy
Initiated
$109.00
+39.1%
03/03/2026
Last report
Oct 28, 2026
Fiscal period
Q3 2026
$1.05 / $1.01
+3.52%beat
Revenue / Est. (USD)
3.91B / 3.86B
+1.44%beat
Fiscal Q3 2026 earnings call
Waiting for the earnings call
At a glance
Insights from the latest news and reports
Previous reportsAll values in USD
Loading Previous Earnings...
Revenue
Net income
All values in USD
Dec 2025
Mar 2026
Jun 2026
Sep 2026
Revenue
3.80B
3.57B
3.86B
3.91B
Cost of goods sold
2.64B
2.48B
2.72B
2.76B
Cost of revenue
2.64B
2.48B
2.72B
2.76B
Research and development expenses
41.00M
38.00M
39.00M
40.00M
Total research and development expenses
-
-
-
-
Selling, general, and admin expenses
499.00M
506.00M
514.00M
486.00M
Operating expense
558.00M
536.00M
560.00M
532.00M
Total operating expenses
3.20B
3.02B
3.28B
3.29B
Operating income
594.00M
549.00M
579.00M
625.00M
Other non operating income
-
-
-
-
EBT including unusual items
526.00M
480.00M
547.00M
552.00M
EBT excluding unusual items
537.00M
497.00M
558.00M
557.00M
Income tax expense
142.00M
127.00M
98.00M
126.00M
Effective tax rate
27.00%
26.46%
17.92%
22.83%
Other operating expenses
18.00M
-8.00M
7.00M
6.00M
Net income
374.00M
340.00M
428.00M
414.00M
Net profit margin
9.85%
9.53%
11.09%
10.58%
Earnings per share
1.03
0.89
1.01
1.05
Interest and investment income
-
-
-
-
Interest expense
-64.00M
-59.00M
-26.00M
-68.00M
Net interest expenses
-64.00M
-59.00M
-26.00M
-68.00M
Depreciation and amortization charges
-
-
-
-
EBITDA
639.00M
590.00M
621.00M
666.00M
Gain or loss from assets sale
-
-
-
-
Insider transactions
Insider transactions data is drawn from third-party sources. Learn more
Insider
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Type
Date
Shares
Amount
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