OTIS Stock Recent News

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.

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

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.

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.

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.

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.

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

OTIS' first-quarter results are hurt by a dismal New Equipment segment performance but gain from the Service segment.

Otis Worldwide Corporation (NYSE:OTIS ) Q1 2025 Earnings Conference Call April 23, 2025 8:30 AM ET Company Participants Rob Quartaro - VP, IR Judy Marks - Chair, CEO and President Cristina Mendez - EVP and CFO Conference Call Participants Jeffrey Sprague - Vertical Research Partners Amit Mehrotra - UBS Nigel Coe - Wolfe Research Steve Tusa - JPMorgan Joseph O'Dea - Wells Fargo Julian Mitchell - Barclays Chris Snyder - Morgan Stanley Nick Housden - RBC Capital Markets Operator Good morning, and welcome to Otis' First Quarter 2025 Earnings Conference Call. This call is being carried live on the Internet and recorded for replay.

The headline numbers for Otis Worldwide (OTIS) give insight into how the company performed in the quarter ended March 2025, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.