$99.10
0.62% yesterday
NYSE, Nov 15, 10:17 pm CET
ISIN
US68902V1070
Symbol
OTIS

Otis Worldwide Corp Target price 2024 - Analyst rating & recommendation

Otis Worldwide Corp Classifications & Recommendation:

Buy
22%
Hold
78%

Otis Worldwide Corp Price Target

Target Price $103.67
Price $99.10
Potential
Number of Estimates 12
12 Analysts have issued a price target Otis Worldwide Corp 2025 . The average Otis Worldwide Corp target price is $103.67. This is higher than the current stock price. The highest price target is , the lowest is .
A rating was issued by 18 analysts: 4 Analysts recommend Otis Worldwide Corp to buy, 14 to hold and 0 to sell.
Analysts don't have a crystal ball either, but they do represent the opinion of the market quite well. You should not take the price potential and the ratings as a recommendation to act. Rather, they serve as an additional building block for your own opinion or stock analysis.
Analyst Estimates: Analysts believe that the Otis Worldwide Corp stock has an average upside potential 2025 of . Most analysts recommend the Otis Worldwide Corp stock at Hold.

Sales and Margin forecast 2024, 2025 to 2028

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Quarter Annually
Dec '23 2024
Estimates
Revenue Billion $ 14.21 14.28
3.83% 0.52%
EBITDA Margin 17.04% 17.75%
2.90% 4.18%
Net Margin 9.53% 10.97%
10.30% 15.12%

11 Analysts have issued a sales forecast Otis Worldwide Corp 2024 . The average Otis Worldwide Corp sales estimate is

$14.3b
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. This is
0.54% higher
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than the revenue of the last 12 months(TTM). The highest sales forecast is
$14.7b 3.31%
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, the lowest is
$14.2b 0.19%
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.

This results in the following potential growth metrics:

Revenue Estimates

2023 $14.2b 3.83%
2024
$14.3b 0.52%
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2025
$14.7b 2.84%
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2026
$15.3b 4.24%
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2027
$16.3b 6.13%
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2028
$16.9b 4.01%
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9 Analysts have issued an Otis Worldwide Corp EBITDA forecast 2024. The average Otis Worldwide Corp EBITDA estimate is

$2.5b
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. This is
13.42% higher
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than the EBITDA of the last 12 months(TTM). The highest EBITDA forecast is
$2.6b 14.95%
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, the lowest is
$2.5b 10.69%
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.

This results in the following potential growth metrics and future EBITDA Margins:

EBITDA Estimates

2023 $2.4b 6.84%
2024
$2.5b 4.71%
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2025
$2.7b 5.88%
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2026
$2.9b 6.93%
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2027
$3.2b 9.80%
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2028
$3.3b 5.70%
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EBITDA Margin

2023 17.04% 2.90%
2024
17.75% 4.18%
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2025
18.27% 2.93%
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2026
18.75% 2.63%
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2027
19.39% 3.41%
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2028
19.71% 1.65%
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7 Otis Worldwide Corp Analysts have issued a net profit forecast 2024. The average Otis Worldwide Corp net profit estimate is

$1.6b
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. This is
2.43% lower
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than the net profit for the last 12 months(TTM). The highest net profit forecast is
$1.7b 3.23%
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, the lowest is
$1.5b 8.96%
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.

This results in the following potential growth metrics and future Net Margins:

Net Profit Estimates

2023 $1.4b 14.53%
2024
$1.6b 15.70%
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2025
$1.6b 5.25%
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2026
$1.8b 9.80%
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2027
$2.0b 12.25%
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2028
$2.2b 7.41%
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Net Margin

2023 9.53% 10.30%
2024
10.97% 15.12%
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2025
11.22% 2.28%
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2026
11.82% 5.35%
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2027
12.51% 5.84%
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2028
12.91% 3.20%
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Earnings per share, P/E ratio and EV/sales Estimates 2024, 2025 to 2028

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Quarter Annually
Dec '23 2024
Estimates
Earnings Per Share $ 3.39 3.92
14.53% 15.63%
P/E 25.27
EV/Sales 3.25

7 Analysts have issued a Otis Worldwide Corp forecast for earnings per share. The average Otis Worldwide Corp <a href=https://blog.stocksguide.com/knowledge/eps-simply-explained>EPS is

$3.92
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. This is
2.49% lower
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than earnings per share in the financial year 2023. The highest <a href=https://blog.stocksguide.com/knowledge/eps-simply-explained>EPS forecast is
$4.15 3.23%
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, the lowest is
$3.66 8.96%
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.

This results in the following potential growth metrics and future valuations:

Earnings Per Share

2023 $3.39 14.53%
2024
$3.92 15.63%
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2025
$4.13 5.36%
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2026
$4.53 9.69%
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2027
$5.09 12.36%
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2028
$5.47 7.47%
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P/E ratio

Current 24.68 0.28%
2024
25.27 2.39%
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2025
24.01 4.99%
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2026
21.86 8.95%
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2027
19.48 10.89%
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2028
18.13 6.93%
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Based on analysts' sales estimates for 2024, the Otis Worldwide Corp stock is valued at an <a href=https://blog.stocksguide.com/knowledge/enterprise-value-sales-simply-explained>EV/Sales of

and an <a href=https://blog.stocksguide.com/knowledge/price-sales-ratio-simply-explained>P/S ratio of .

This results in the following potential growth metrics and future valuations:

EV/Sales

Current 3.27 15.14%
2024
3.25 0.60%
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2025
3.16 2.76%
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2026
3.03 4.06%
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2027
2.86 5.78%
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2028
2.75 3.85%
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P/S ratio

Current 2.79 16.44%
2024
2.77 0.54%
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2025
2.70 2.76%
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2026
2.59 4.06%
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2027
2.44 5.78%
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2028
2.34 3.85%
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