OTIS Stock Recent News

OTIS LATEST HEADLINES

OTIS Stock News Image - seekingalpha.com

I reiterate a Sell rating on Otis Worldwide Corporation, with a fair value of $82 per share, due to a persistently weak growth outlook. Otis faces ongoing headwinds from sluggish China real estate and global housing markets, resulting in declining new equipment sales. Management's optimism on China's recovery appears premature, especially amid continued property price declines and U.S.-China tariff uncertainties.

seekingalpha.com 2025 Jul 10
OTIS Stock News Image - prnewswire.com

FARMINGTON, Conn. , July 9, 2025 /PRNewswire/ -- Otis Worldwide Corporation (NYSE: OTIS) will host a conference call on Wednesday, July 23, 2025, at 8:30 a.m.

prnewswire.com 2025 Jul 09
OTIS Stock News Image - prnewswire.com

CAIRO , July 8, 2025 /PRNewswire/ -- To enhance the quality of life for its residents, Tatweer Misr, one of Egypt's leading real estate developers, has selected Otis (NYSE: OTIS), the world's leading elevator and escalator manufacturing, installation and service company, to supply and install smart vertical mobility solutions across its urban communities. Tatweer Misr's current engagement with Otis represents six projects and 1,250 elevators over six years.

prnewswire.com 2025 Jul 08
OTIS Stock News Image - seekingalpha.com

Otis Worldwide is the global leader in elevator and escalator manufacturing, installation, and services. Since its 2020 spin-off from United Technologies, Otis has delivered a 130% total return. The financials for Otis are mixed, with the Service segment performing well and the New Equipment segment struggling.

seekingalpha.com 2025 May 27
OTIS Stock News Image - zacks.com

Otis Worldwide (OTIS) reported earnings 30 days ago. What's next for the stock?

zacks.com 2025 May 23
OTIS Stock News Image - prnewswire.com

Elevator is first of three on site to be modernized with new Otis elevators SEATTLE , May 23, 2025 /PRNewswire/ -- A new, double-deck glass elevator from Otis opened for its first rides to passengers Friday as part of a new experience at the iconic Space Needle. Visitors to the tower can now soar above Seattle in a floor-to-ceiling glass, double-deck elevator, completely transforming the trip to the top.

prnewswire.com 2025 May 23
OTIS Stock News Image - prnewswire.com

NEW YORK , May 14, 2025 /PRNewswire/ -- Purcell & Lefkowitz LLP announces that it is investigating Otis Worldwide Corporation (NYSE: OTIS) on behalf of the company's shareholders.  The investigation seeks to determine whether Otis Worldwide Corporation's directors breached their fiduciary duties in connection with recent corporate actions.

prnewswire.com 2025 May 14
OTIS Stock News Image - prnewswire.com

Team from Pembroke Pines Charter High School in Florida proposes smartphone app that uses Artificial Intelligence to aid visually impaired people; wins grants to support STEM programming at school FARMINGTON, Conn. , May 7, 2025 /PRNewswire/ -- Students from Pembroke Pines Charter High School in Pembroke Pines, Florida are the first-ever global winners of the Otis Made to Move Communities student challenge for their idea to develop a smartphone app that uses Artificial Intelligence to aid visually impaired people.

prnewswire.com 2025 May 07
OTIS Stock News Image - seekingalpha.com

I am neutral on Otis Worldwide Corporation due to visible macro headwinds in China and the Americas impacting near-term revenue and margin trends. OTIS's latest earnings showed a slight decline in organic sales, with the NE segment dragging down overall performance despite modest growth in the services segment. Macro challenges, including declining orders in China and new tariffs, are expected to pressure OTIS's volume and margins in the near term.

seekingalpha.com 2025 Apr 30
OTIS Stock News Image - youtube.com

Otis Worldwide chair, CEO and president Judy Marks discusses supply side options amid tariff talks on 'The Claman Countdown.' #trump #foxbusiness #tariffs

youtube.com 2025 Apr 23
10 of 50