Key Points:
- Otis Worldwide Corp (OTIS, Financial) revises fiscal year 2025 revenue outlook downward, signaling possible challenges ahead.
- Wall Street analysts provide a cautious outlook with an average price target of $98.96.
- GuruFocus's GF Value suggests a potential downside, indicating possible overvaluation at current prices.
Otis Worldwide Corporation's (OTIS) first-quarter report reflects a mixed financial performance, prompting the company to adjust its revenue outlook for fiscal year 2025 downward. This revision suggests potential hurdles for the company, and investors should remain vigilant of the forthcoming updates.
Wall Street Analysts Forecast
According to the insights from 11 analysts, the average price target for Otis Worldwide Corp (OTIS, Financial) is projected at $98.96. Analysts have set a high target of $109.00 and a low target of $90.00. The current average target proposes a minimal upside of 0.01% from the present stock price of $98.95. For more detailed projections, visit the Otis Worldwide Corp (OTIS) Forecast page.
The consensus rating from 15 brokerage firms positions Otis Worldwide Corp (OTIS, Financial) at an average recommendation of 2.9, categorizing it under the "Hold" status. The rating scale spans from 1 to 5, where 1 represents a Strong Buy and 5 suggests a Sell.
As per GuruFocus evaluations, the estimated GF Value for Otis Worldwide Corp (OTIS, Financial) in the upcoming year is $95.47, indicating a potential downside of 3.52% from the current trading price of $98.95. The GF Value represents GuruFocus's estimation of the stock's fair value, derived from historical trading multiples, past business growth, and future business performance estimates. To explore more detailed data, please visit the Otis Worldwide Corp (OTIS) Summary page.
