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Otis Worldwide ( (OTIS) ) has issued an update.
On May 15, 2025, Otis Worldwide Corporation held its Annual Meeting of Shareholders, where key decisions were made. The election of directors for the upcoming term was confirmed, while a proposal for executive compensation was not approved. Additionally, PricewaterhouseCoopers LLP was appointed as the independent auditor for 2025, and a proposal on political contributions reporting was rejected.
The most recent analyst rating on (OTIS) stock is a Sell with a $94.00 price target. To see the full list of analyst forecasts on Otis Worldwide stock, see the OTIS Stock Forecast page.
Spark’s Take on OTIS Stock
According to Spark, TipRanks’ AI Analyst, OTIS is a Outperform.
Otis Worldwide’s overall score reflects its strong financial performance and strategic focus on service growth, bolstered by positive earnings guidance. However, high leverage and a relatively high P/E ratio pose risks. The technical analysis indicates a neutral trend, reinforcing a cautious but optimistic outlook.
To see Spark’s full report on OTIS stock, click here.
More about Otis Worldwide
Otis Worldwide Corporation operates in the elevator and escalator industry, providing products and services including the design, manufacture, installation, and maintenance of elevators, escalators, and moving walkways. The company focuses on enhancing urban mobility and infrastructure development globally.
Average Trading Volume: 2,976,235
Technical Sentiment Signal: Strong Buy
Current Market Cap: $37.9B
See more insights into OTIS stock on TipRanks’ Stock Analysis page.