Otis Worldwide Corporation (OTIS) stock has seen several shifts recently: Parsons Capital Management Inc. RI, Greenleaf Trust, and Arlington Partners LLC have sold shares, while Lecap Asset Management Ltd, Chicago Capital LLC, and Liberty Capital Management Inc, among others, have invested or boosted positions. Market analysis indicates the possibility of OTIS recovering in upcoming quarters, and discussions pose the question of whether the OTIS stock can reach a $100 price target amid long-term growth plans. Despite this, concerns about management's compensation and vulnerability to rate hikes remain. Meanwhile, the company has launched phased elevator modernization packages and has been chosen to bring vertical mobility solutions to Egyptian real estate projects. Questions bout the company’s stock performance against the Dow and the influence of large contracts such as the one in Egypt on OTIS’s growth story and order pipeline persist. Estimates hint that the corporation's Q2 earnings could reveal weak equipment sales; meanwhile the company’s revenue fell short despite growth in the service segment. OTIS's stock hit a 52-week low at 88.21 USD.
Otis Worldwide Corporation OTIS News Analytics from Tue, 11 Mar 2025 07:00:00 GMT to Fri, 03 Oct 2025 12:56:32 GMT -
Rating 6
- Innovation 3
- Information 8
- Rumor 3
