Otis Worldwide stock fell 1.23 percent and Q3 date is set

Published on 10/08/2026 at 01:52 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Otis Worldwide set its third-quarter earnings call for October 28, 2026, at 8:30 a.m. ET. Second-quarter revenue rose 7.3 percent to USD 3.86 billion.

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Otis Worldwide stock (ISIN US68902V1070) was last quoted at USD 65.63 on the NYSE on October 7, 2026, down 1.23 percent from the prior close. The immediate calendar checkpoint is October 28, when the company will discuss third-quarter results and its 2026 outlook.

Third-quarter date is set

According to Stock Titan on October 7, 2026, Otis will hold its third-quarter earnings call on October 28, 2026, at 8:30 a.m. ET. Chair, CEO and President Judy Marks and CFO Cristina Mendez are scheduled to discuss the quarter and the 2026 outlook.

The date gives the stock a defined next catalyst after a volatile stretch. The key question is whether service growth can continue to offset pressure in the New Equipment business and support the full-year outlook.

Revenue growth sets the benchmark

MarketBeat reported on October 5, 2026, that Otis generated USD 3.86 billion in second-quarter revenue on July 22, 2026, up 7.3 percent from the year-earlier period. Adjusted EPS was USD 1.01, matching consensus, while revenue exceeded the USD 3.76 billion estimate by USD 100 million.

That combination matters because the revenue beat was stronger than the earnings signal. Otis also maintained fiscal 2026 adjusted EPS guidance of USD 4.010-4.050, making the October 28 release a test of whether operating improvement is reaching per-share results.

Consensus target remains higher

MarketBeat listed a consensus Hold rating from 10 analysts and an average price target of USD 92.64 on October 5, 2026. That target lies 41.14 percent above the USD 65.63 stock price, while the published 52-week range was USD 63.58 to USD 94.56.

The valuation gap leaves execution as the central issue for investors. Otis stock was only USD 2.05 above its 52-week low on October 7, 2026, so the next earnings update will be judged against both the revenue growth already delivered and the guidance range still in force.

Stock stays near yearly low

Otis Worldwide stock was last quoted at USD 65.63 on the NYSE on October 7, 2026. Its market capitalization was USD 25.0 billion as of October 7, 2026, while the company describes its business as the manufacture, installation, service and modernization of elevators and escalators.