Wolfe Research has upgraded Otis Worldwide Corp (OTIS) to Outperform from Peer Perform, effective October 7, 2025. The current share price stands at $87.75.
This upgrade reflects a more optimistic outlook on Otis's prospects, potentially indicating improved fundamentals or enhanced confidence in the company's strategic direction. Otis Worldwide Corp, a prominent player in the machinery industry, engages in the manufacture and installation of escalators and elevators, serving customers in over 200 countries.
With a market capitalisation of $33.8 billion, the company has a trailing P/E ratio of 25.10 and an EPS of 3.39. It also offers a substantial dividend yield of 194.0%. Upcoming earnings reports are anticipated on July 21, 2026, with an estimated EPS of $1.13 and revenue of $3.9 billion.
Analyst consensus as of November 1, 2025, shows 4 Strong Buy, 6 Buy, 11 Hold, 1 Sell, and 0 Strong Sell ratings, suggesting a general positive sentiment towards the company's performance. Analyst ratings can vary over time and should be considered alongside other factors such as company fundamentals and market conditions.