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Added to YB: 2026-07-20

Pitch date: 2026-07-17

OTIS [neutral]

Otis Worldwide Corporation

Author Info

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Company Info

Otis Worldwide Corporation engages in manufacturing, installation, and servicing of elevators and escalators in the United States, China, and internationally.

Market Cap

$28.8B

Pitch Price

N/A

Price Target

69.00

Dividend

2.35%

EV/EBITDA

13.44

P/E

19.92

EV/Sales

2.49

Sector

Machinery

Category

value

Show full summary:
Otis: The subscription that nobody cancels

OTIS (watchlist): Elevator giant, 2.5M units serviced. Razor-blade model: service segment 66% rev, 92% op profit at 25% margin; new equip cyclical/low-margin, hurt by dead China construction. Moat via trust, route density, modernization upsell. Data center elevator wildcard. DCF FV $69/sh vs $72 now—no upside. Mgmt destroyed value buying back $4B (12% shares) above fair value. Watchlisted.

Read full article (5 min)