• New Street sets a price target of $98 for NYSE:OTIS, indicating a potential increase of approximately 15.87%.
• Fourth-quarter 2025 earnings met the Zacks Consensus Estimate, but net sales fell short, highlighting areas for improvement.
• Despite challenges, OTIS's Service segment shows strong performance, driven by maintenance and modernization activities.

Otis Worldwide Corporation, listed on the NYSE under the symbol OTIS, is a leading manufacturer and service provider for elevators, escalators, and moving walkways. The company operates globally, with a significant presence in both developed and emerging markets. Otis competes with other industry giants like Schindler and KONE, striving to maintain its market share through innovation and service excellence.

On January 30, 2026, New Street set a price target of $98 for NYSE:OTIS, suggesting a potential increase of approximately 15.87% from the stock's price of $84.58 at the time. This target reflects optimism about Otis's future performance, despite recent challenges. The company's fourth-quarter 2025 earnings met the Zacks Consensus Estimate, but net sales fell short, highlighting areas for improvement.

Otis's Service segment showed strong performance, driven by maintenance and modernization activities. This growth was crucial, as demand for new equipment, especially in China and the Americas, was weaker. Despite these challenges, Otis issued a confident outlook for 2026. However, the market reacted negatively, with shares declining by 4.9% in pre-market trading after the earnings announcement.

Currently, NYSE:OTIS trades at $85.42, a decrease of approximately 2% from the previous day, with a change of $1.74. The stock has fluctuated between $84.12 and $87.50 today. Over the past year, OTIS has seen a high of $106.83 and a low of $84.00, indicating some volatility. The company's market capitalization is approximately $33.53 billion, with a trading volume of 5,526,716 shares on the NYSE today.