Otis Worldwide (OTIS) news

RBC cuts target price to $90 from $98 for Otis Worldwide Corp

Bernstein cuts target price to $90 from $97 for Otis Worldwide Corp

Bernstein has revised its target price for Otis Worldwide Corp (OTIS) to $90 from $97, reflecting a reassessment of the company’s near-term outlook [1]. The adjustment follows a review of recent market conditions and operational performance, though the firm has not indicated a change in its overall…

Otis Worldwide shares down 2.1% after co forecasts 2026 adj EPS below estimates

Otis Worldwide Corp. (OTIS) shares fell 2.1% in early trading on Monday after the company issued a revised earnings forecast for 2026, projecting adjusted earnings per share (EPS) below current market expectations. The update, announced during a quarterly earnings call, cited ongoing supply chain…

Otis expects Q3 operating profit to be flat in Q3 compared to prior year

Otis, a leading global elevator and escalator manufacturer, has indicated that its operating profit for the third quarter of 2026 is expected to remain flat compared to the same period in the prior year, according to a recent company statement. This projection reflects a continuation of the…

Otis exec: Our data center business, especially in the Americas, has been up significantly

Otis Worldwide Corporation (NYSE: OTIS) has reported notable growth in its data center business, particularly in the Americas, according to company executives. This increase aligns with broader industry trends driven by the expansion of cloud computing and artificial intelligence (AI), which are…