OTIS Price Prediction Next Week
Technical Analysis
Based on recent price action and technical indicators, OTIS shows a bullish trend with strong momentum. The stock has gained 5.8% YTD, outperforming the S&P 500's 4% return in 2025. The current price of $99.37 is testing resistance near $100.
News & Sentiment Analysis
- Recent insider selling activity: EVP sold 4,775 shares on February 5, 2025, representing 16.1% of their holdings
- Institutional sentiment is mixed with 432 institutions adding positions while 565 reduced holdings
- Q4 results were mixed with revenue beating expectations but EPS missing estimates by 2.1%
Price Target Analysis
- Wall Street consensus rating is "Hold" based on 10 analysts
- Mean price target: $101.40 (+3.4% upside)
- Street-high target: $113 (+15.3% upside)
- JP Morgan maintained Neutral rating with $105 price target
Next Week Price Prediction Based on technical indicators and current momentum, OTIS is likely to:
- Support level: $95 (based on options activity)
- Resistance level: $100-101 range
- Target price: $102-103 by end of next week
Trading Recommendation BUY with entry at current levels ($99.37) with a stop loss at $95. The stock shows strong technical setup and analyst targets suggest further upside potential. Options market activity indicates strong support at $95 level.
OTIS Similar Chart Price Prediction
The price of OTIS is predicted to go up -13.3%, based on the high correlation periods with FLG. The similarity of these two price pattern on the periods is 95.69%.
OTIS
FLG
Down: -13.3%Similarity: 95.69%
OTIS Revenue Forecast
OTIS EPS Forecast
OTIS FAQs
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OTIS VS S&P500
Otis' installed base business model-which boasts the largest installed base of elevators globally-drives strong free cash flow generation through the economic cycle.
We expect the increasing route density of Otis' service network to drive further expansion to its industry-leading profit margin and strengthen its cost advantage.
Otis will benefit from a globally aging installed elevator base. Elevator modernization is a long-term growth opportunity with about half of Europe's and North America's elevator installations greater than 20 years old.
OTIS Analyst's Forecast
Stephen Tusa
JP Morgan
Hold
2025-01-15
Price Target
$112 → $108
Upside
+17.07%
JPMorgan lowered the firm's price target on Otis Worldwide to $108 from $112 and keeps a Neutral rating on the shares. The firm updated models in the electrical equipment and multi-industry space ahead of the Q4 reports.
Julian Mitchell
Barclays
Sell
2025-01-08
Price Target
$94 → $91
Downside
-0.86%
Nigel Coe
Wolfe Research
Hold → Sell
2024-12-12
Price Target
n/a
Downside
0%
