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Aditya Sarawgi

Otis Worldwide Stock: Analyst Estimates & Ratings

Otis Otis Worldwide

Farmington, Connecticut-based Otis Worldwide Corporation (OTIS) engages in the manufacturing, installation, and servicing of elevators and escalators in the US, China, and internationally. With a market cap of $37.5 billion, Otis Worldwide operates through New Equipment and Service segments.

The elevator manufacturer has underperformed the broader market over the past year. Over the past 52 weeks, OTIS gained 12.5%, lagging behind the S&P 500 Index’s ($SPX) 27.8% returns. In 2024, OTIS is up 5% compared to SPX’s 17.8% gains on a YTD basis.

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