Otis Worldwide Corporation
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Updated: Aug 11, 2026Key Statistics
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Otis Worldwide Corporation is a global leader specializing in the manufacturing, installation, and servicing of elevators and escalators, with significant operations in the United States, China, and n...
Latest News
3 days ago · seekingalpha.com
Otis Worldwide Corporation (OTIS) Presents at Morgan Stanley's 14th Annual Laguna Conference TranscriptOtis Worldwide Corporation (OTIS) Presents at Morgan Stanley's 14th Annual Laguna Conference Transcript
4 days ago · seekingalpha.com
Otis: The Catalysts I Used To Double Down After A 22% FallOtis Worldwide Corporation (OTIS) is highlighted as the largest global elevator and escalator company, with a recent 14% dip presenting a buying opportunity. I maintain conviction in OTIS, emphasizing its dominant market position and the resilience of its business model. Key investment thesis centers on OTIS's stable cash flows, essential service demand, and long-term growth prospects.
6 days ago · prnewswire.com
Otis Implements Long-Standing CEO Succession PlanJudy Marks to Retire in 2027 as Board Chair, CEO, and President FARMINGTON, Conn., Sept. 15, 2026 /PRNewswire/ -- Otis Worldwide Corporation (NYSE: OTIS), the world's leading elevator and escalator manufacturing, installation, service and modernization company, today announced that Judy Marks will retire as Chair, Chief Executive Officer and President upon the appointment of her successor, which is expected in the first half of 2027.
1 month ago · zacks.com
Why Is Otis Worldwide (OTIS) Up 1.4% Since Last Earnings Report?Otis Worldwide (OTIS) reported earnings 30 days ago. What's next for the stock?
1 month ago · prnewswire.com
Otis to Provide More Than 250 Elevators and Escalators to Tianjin 117 Tower, China's New Supertall LandmarkOtis will return to the building to modernize existing elevators and support the next phase of development SHANGHAI, Aug. 17, 2026 /PRNewswire/ -- Otis has been selected once again to provide advanced modernization and vertical transportation solutions for Tianjin 117 Tower, a nearly 600-meter supertall landmark. It is the tallest building currently under construction in China and when complete, it will be China's third-tallest building, and host China's highest occupied floor at more than 584 meters1.
2 months ago · seekingalpha.com
Otis Worldwide: Don't Expect Meaningful Upside Near-Term, But I Remain BullishOtis Worldwide posted mixed Q2 results, beating revenue estimates but cutting full-year 2026 guidance due to persistent headwinds. Despite margin pressure and profit declines, OTIS's service segment remains the primary growth engine, with modernization up 24% and maintenance trends accelerating. Headwinds in China and higher labor and energy costs continue to weigh on New Equipment segment profits and overall margins.
2 months ago · zacks.com
Is Otis Stock Attractive After Guidance Cuts and Its 19% YTD Slide?OTIS trades below historical valuation levels after a 19% YTD slide, but guidance cuts and margin pressure keep the investment outlook in focus.
2 months ago · zacks.com
Otis Service Growth Builds Momentum as Equipment Demand Stays WeakOTIS is relying on Service growth and a rising modernization backlog to counter weak New Equipment demand as China remains a key challenge.
2 months ago · seekingalpha.com
Otis Worldwide: Strong Service Growth Still Needs To Show Margin ExpansionI maintain a hold rating on Otis Worldwide Corporation as strong service and modernization demand is not yet translating into earnings growth. Service margins contracted due to higher labor costs and slower productivity ramp from new mechanics, despite robust backlog and retention improvements. New equipment sales remain weak overall, with China still a drag, but the Americas show promising order momentum and backlog growth.
2 months ago · prnewswire.com
Otis Declares Quarterly Dividend of $0.44 per ShareFARMINGTON, Conn., July 23, 2026 /PRNewswire/ -- The Otis Worldwide Corporation (NYSE: OTIS) Board of Directors today declared a quarterly dividend of $0.44 per share of Otis' common stock.
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