Otis Worldwide (NYSE:OTIS) Announces FY 2026 Earnings Guidance

Posted by on Oct 30th, 2026

Otis Worldwide (NYSE:OTIS – Get Free Report) updated its FY 2026 earnings guidance on Friday. The company provided earnings per share (EPS) guidance of 4.010-4.050 for the period, compared to the consensus EPS estimate of 4.040. The company issued revenue guidance of $15.1 billion-$15.3 billion, compared to the consensus revenue estimate of $15.3 billion.

Analyst Upgrades and Downgrades

OTIS has been the subject of a number of research reports. Weiss Ratings restated a “hold (c-)” rating on shares of Otis Worldwide in a research report on Wednesday, August 12th. Morgan Stanley set a $75.00 target price on shares of Otis Worldwide in a research report on Monday, August 10th. Wells Fargo & Company cut their price objective on Otis Worldwide from $77.00 to $75.00 and set an “underweight” rating on the stock in a research report on Thursday. Evercore reaffirmed an “outperform” rating and issued a $95.00 target price on shares of Otis Worldwide in a research report on Thursday, July 23rd. Finally, Sanford C. Bernstein lifted their price objective on shares of Otis Worldwide from $90.00 to $94.00 and gave the company an “outperform” rating in a research report on Thursday. Four equities research analysts have rated the stock with a Buy rating, three have assigned a Hold rating and two have given a Sell rating to the company’s stock. Based on data from MarketBeat, the company currently has an average rating of “Hold” and an average target price of $91.20.

Read Our Latest Report on OTIS

Otis Worldwide Stock Up 1.9%

Shares of NYSE:OTIS traded up $1.44 on Friday, reaching $76.05. 1,803,253 shares of the company’s stock were exchanged, compared to its average volume of 3,931,452. The firm has a market capitalization of $28.95 billion, a price-to-earnings ratio of 18.91, a PEG ratio of 2.56 and a beta of 0.87. The business’s 50-day moving average is $69.60 and its two-hundred day moving average is $76.50. Otis Worldwide has a fifty-two week low of $63.58 and a fifty-two week high of $94.57.

Otis Worldwide (NYSE:OTIS – Get Free Report) last released its earnings results on Wednesday, October 28th. The company reported $1.05 EPS for the quarter, beating the consensus estimate of $1.01 by $0.04. Otis Worldwide had a net margin of 10.28% and a negative return on equity of 28.45%. The firm had revenue of $3.91 billion for the quarter, compared to analysts’ expectations of $3.85 billion. During the same quarter last year, the company earned $1.05 EPS. Otis Worldwide’s quarterly revenue was up 6.1% on a year-over-year basis. Analysts predict that Otis Worldwide will post 4.03 earnings per share for the current fiscal year.

Otis Worldwide Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Friday, December 11th. Shareholders of record on Friday, November 13th will be given a $0.44 dividend. This represents a $1.76 annualized dividend and a yield of 2.3%. The ex-dividend date of this dividend is Friday, November 13th. Otis Worldwide’s dividend payout ratio is presently 45.24%.

Trending Headlines about Otis Worldwide

Here are the key news stories impacting Otis Worldwide this week:

  • Positive Sentiment: Q3 results exceeded expectations: Otis reported adjusted earnings of $1.05 per share and revenue of $3.91 billion, surpassing consensus estimates of $1.01 and $3.85 billion, respectively. Service and modernization growth helped offset weakness in China and pressure in the New Equipment business. OTIS Q3 Earnings and Revenues Beat Estimates on Strong Service Growth
  • Positive Sentiment: Dividend maintained: Otis declared a quarterly dividend of $0.44 per share, equivalent to $1.76 annually and a yield of approximately 2.3%. The dividend is payable December 11 to shareholders of record November 13. Otis Declares Quarterly Dividend of $0.44 per Share
  • Positive Sentiment: One analyst raised its target: BNP Paribas increased its price target for OTIS to $90 from $86, indicating improved upside expectations. BNP Paribas Adjusts Price Target on Otis Worldwide
  • Neutral Sentiment: 2026 guidance is broadly intact: Otis forecast full-year EPS of $4.01-$4.05, versus a $4.04 consensus estimate. Revenue guidance of $15.1-$15.3 billion is near, but slightly below, the $15.3 billion consensus.
  • Neutral Sentiment: Analyst views were mixed: Evercore ISI lowered its target to $95 from $100, while Wells Fargo cut its target to $75 from $77 and maintained an “underweight” rating. Evercore ISI Adjusts Price Target
  • Negative Sentiment: Margin pressure remains a concern: New Equipment margins contracted, creating a potential offset to strong recurring Service growth and highlighting execution risks beneath the headline earnings beat. Otis Q3 Earnings Spotlight: A Margin Squeeze Beneath Growth

Otis Worldwide Company Profile

(Get Free Report)

Otis Worldwide Corporation (NYSE: OTIS) is a global manufacturer and service provider for the elevator and escalator industry. The company designs, manufactures, installs, modernizes and maintains elevators, escalators and moving walkways for commercial buildings, residential developments, transportation hubs and other infrastructure projects.

Otis provides equipment for new construction as well as maintenance, repair and modernization services for existing systems. Its service operations support equipment from Otis and other manufacturers, helping building owners and operators manage the safety, performance and lifecycle of vertical transportation systems.

The company traces its history to 1853, when Elisha Otis demonstrated a safety device for elevators.

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Earnings History and Estimates for Otis Worldwide (NYSE:OTIS)

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