Otis Worldwide's analyst price target has increased modestly from $100.23 to $101.29. This reflects analysts' expectations of slightly improved revenue growth and profit margins in the coming periods.
What's in the News
- Otis India secured a major contract with My Home Group to deliver 169 high-speed elevators for three luxury residential projects in Hyderabad, including a tower rising over 54 stories. (Client Announcements)
- Otis will supply 265 Gen2® Prime elevators for Mountain View Real Estate Development’s residential projects in New Cairo and 6th of October City, featuring modern design and stainless steel finishes. (Client Announcements)
- Otis has been selected by Singapore’s Land Transport Authority to provide 336 escalators and moving walkways, along with 186 Gen3™ elevators, for the new Cross Island Line MRT project. This will support enhanced connectivity across Singapore. (Client Announcements)
- Otis Worldwide will install 76 advanced elevators at the Riverside Crescent project by Sobha Realty in Dubai, including Skyrise, Arise, and Gen2® models for six high-rise towers. (Client Announcements)
- Otis introduced its Arise™ MOD Prime and MOD Plus elevator modernization solutions in Europe to address outdated systems and improve safety, reliability, and energy efficiency in residential and commercial buildings. (Product-Related Announcements)
Valuation Changes
- Fair Value Estimate has risen slightly from $100.23 to $101.29, reflecting modest optimism in Otis Worldwide's valuation.
- Discount Rate increased marginally from 8.62% to 8.64%, indicating a minimal shift in perceived investment risk.
- Revenue Growth projection edged higher, moving from 4.89% to 4.93%.
- Net Profit Margin estimate improved modestly, rising from 11.96% to 12.02%.
- Future P/E ratio has increased a little, from 24.43x to 24.55x, which suggests slightly higher expected earnings multiples.
Have other thoughts on Otis Worldwide?
Create your own narrative on this stock, and estimate its Fair Value using our Valuator tool.
Create NarrativeDisclaimer
AnalystConsensusTarget is a tool utilizing a Large Language Model (LLM) that ingests data on consensus price targets, forecasted revenue and earnings figures, as well as the transcripts of earnings calls to produce qualitative analysis. The narratives produced by AnalystConsensusTarget are general in nature and are based solely on analyst data and publicly-available material published by the respective companies. These scenarios are not indicative of the company's future performance and are exploratory in nature. Simply Wall St has no position in the company(s) mentioned. Simply Wall St may provide the securities issuer or related entities with website advertising services for a fee, on an arm's length basis. These relationships have no impact on the way we conduct our business, the content we host, or how our content is served to users. The price targets and estimates used are consensus data, and do not constitute a recommendation to buy or sell any stock, and they do not take account of your objectives, or your financial situation. Note that AnalystConsensusTarget's analysis may not factor in the latest price-sensitive company announcements or qualitative material.