$OTIS

Otis Worldwide Corp

Otis designs, manufactures, sells, installs, maintains, repairs and modernizes elevators, escalators and moving walkways for residential, commercial and infrastructure projects. Its New Equipment segment serves building developers, general contractors and government agencies with passenger and freight elevators, escalators and moving walkways. Its elevator platforms include Gen2, Gen3, Gen360 and SkyRise. The Service segment provides maintenance, repair and modernization services to building owners, facility managers, housing associations and government agencies, covering Otis equipment and equipment made by other manufacturers. Otis earns money from equipment sales and installation, and from service contracts and modernization work. It sells equipment directly and, in some regions, through agents and distributors; services are sold directly to customers. Its digital offerings include Otis ONE, a cloud-based monitoring platform, along with in-car displays, destination management systems and a smartphone app. Otis serves customers in over 200 countries and territories and operates from more than 1,400 branches and offices. It is headquartered in Farmington, Connecticut.

1
2
1
—
$65K
Armas Joseph Jay
0%
See all $OTIS insider activity →
Low

3 Stocks Built on Recurring Revenue That Could Keep Growing for Decades

Otis Worldwide (OTIS) reported Q3 service revenue growth of 8% to $2.616B, with adjusted EPS at $1.05. Despite a 20% decline in China's new equipment sales, maintenance and modernization sales rose. The stock is down 11.48% over the past year. Rollins (ROL) reported 100 consecutive quarters of revenue growth, but shares are down 36.05% year-to-date. Republic Services (RSG) saw Q3 revenue growth of 8.24% to $4.559B, with high customer retention and consistent dividend increases.

Guinness has given Otis the tallest-elevator title for two SkyRise cars that climb 597.2 m to the observation deck of Tianjin 117, a Chinese tower that is not due to be finished until the end of 2027

Otis received the Guinness World Records title for the tallest elevators in a building, installed in the under-construction Tianjin 117 tower in China. The two SkyRise elevators reach 597.2 meters, with the building expected to complete by the end of 2027. Otis is the sole elevator provider, supplying 266 units, and highlighted its advanced technology and engineering capabilities.

Otis Worldwide Issues $500 Million of 5.825% Notes Due 2036

Otis Worldwide issued $500M in 5.825% notes due 2036, with proceeds to repay 2027 debt. Notes pay interest semiannually, are unsecured, and rank equally with other unsecured debt. Net proceeds estimated at $495.3M.

OTIS sentiment & insider activity

Over the past 7 days, AlphAI's AI scored 4 news stories mentioning OTIS (Otis Worldwide Corp). Coverage has been balanced: 1 bullish, 2 neutral, and 1 bearish.

Recent OTIS coverage spans financial news, corporate actions and earnings.

In the last 30 days, OTIS insiders filed 2 SEC Form 4 transactions — no purchases and 2 sales ($65K). The most active reporter was Armas Joseph Jay, President, Otis Americas, with 2 filings.

What's driving OTIS

AlphAI scores every news story that mentions OTIS with an AI model for sentiment and relevance, and aggregates insider trades from Otis Worldwide Corp's SEC EDGAR Form 4 filings. Figures refresh continuously.

News on $OTIS

Score

3 Stocks Built on Recurring Revenue That Could Keep Growing for Decades

Otis Worldwide (OTIS) reported Q3 service revenue growth of 8% to $2.616B, with adjusted EPS at $1.05. Despite a 20% decline in China's new equipment sales, maintenance and modernization sales rose. The stock is down 11.48% over the past year. Rollins (ROL) reported 100 consecutive quarters of revenue growth, but shares are down 36.05% year-to-date. Republic Services (RSG) saw Q3 revenue growth of 8.24% to $4.559B, with high customer retention and consistent dividend increases.

Guinness has given Otis the tallest-elevator title for two SkyRise cars that climb 597.2 m to the observation deck of Tianjin 117, a Chinese tower that is not due to be finished until the end of 2027

Otis received the Guinness World Records title for the tallest elevators in a building, installed in the under-construction Tianjin 117 tower in China. The two SkyRise elevators reach 597.2 meters, with the building expected to complete by the end of 2027. Otis is the sole elevator provider, supplying 266 units, and highlighted its advanced technology and engineering capabilities.

$OTISMedAI 9/10

Otis Worldwide Corporation issued $500,000,000 aggregate principal amount of its 5.825% Notes due 2036

Otis Worldwide Corp (OTIS) filed an SEC Form 8-K — Other Events. Item 8.01. Other Events. On November 5, 2026, Otis Worldwide Corporation (the “ Company ”) issued $500,000,000 aggregate principal amount of its 5.825% Notes due 2036 (the “ Otis Notes ”). The Otis Notes were registered under the Securities Act of 1933, as amended (the “ Act ”),

Related tickers