Summary:
- Otis Worldwide (OTIS, Financial) exceeds EPS expectations despite missing revenue projections in Q1.
- Analysts suggest a "Hold" with the current average price target slightly above the present stock price.
- GuruFocus estimates indicate a potential downside based on GF Value calculations.
Otis Worldwide Corp (OTIS) has reported its Q1 financial results, showcasing a robust performance with a non-GAAP EPS of $0.92, exceeding expectations by $0.01. However, the company reported revenues of $3.35 billion, falling short by $70 million. Looking ahead, Otis anticipates net sales ranging between $14.6 billion and $14.8 billion for 2025, with an adjusted EPS forecasted between $4.00 and $4.10.
Wall Street Analysts Forecast
Currently, 11 analysts have provided one-year price targets for Otis Worldwide Corp (OTIS, Financial), with an average target price of $98.96. This estimate sits within a range of $90.00 to $109.00 and implies a marginal upside of 0.01% from the present price of $98.95. Investors interested in more detailed projections can visit the Otis Worldwide Corp (OTIS) Forecast page.
The consensus from 15 brokerage firms rates Otis Worldwide with an average brokerage recommendation of 2.9, suggesting a "Hold." This rating is based on a scale from 1 (Strong Buy) to 5 (Sell).
GuruFocus Valuation
According to GuruFocus estimates, the GF Value for Otis Worldwide Corp (OTIS, Financial) is projected at $95.47 in one year. This indicates a potential downside of 3.52% from the current trading price of $98.95. The GF Value is GuruFocus' assessment of the stock's fair value, calculated using historical trading multiples, past business growth, and future performance forecasts. For a comprehensive overview, visit the Otis Worldwide Corp (OTIS) Summary page.
