Illinois Tool Works Stock Forecast

Stock Price Forecast

The 10 analysts with 12-month price forecasts for Illinois Tool Works stock have an average target of 264.5, with a low estimate of 230 and a high estimate of 296. The average target predicts a decrease of -7.89% from the current stock price of 287.17.

Analyst Consensus: Sell

Target	Low	Average	Median	High
Price	$230	$264.5	$270	$296
Change	-19.91%	-7.89%	-5.98%	+3.07%

Analyst Ratings

The average analyst rating for Illinois Tool Works stock from 10 stock analysts is "Sell". This means that analysts believe this stock is likely to lead to lower returns than market as a whole.

Recommendation Trends

Rating	Sep '25	Oct '25	Nov '25	Dec '25	Jan '26	Feb '26
Strong Buy	1	0	0	0	0	0
Buy	1	1	1	1	1	0
Hold	5	6	7	6	6	6
Sell	3	3	3	3	3	3
Strong Sell	0	0	0	1	1	1
Total	10	10	11	11	11	10

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
David Raso Evercore ISI Group	Evercore ISI Group	Sell Maintains $253 → $296	Sell	Maintains	$253 → $296	+3.07%	Feb 23, 2026
Julian Mitchell Barclays	Barclays	Sell Maintains $244 → $275	Sell	Maintains	$244 → $275	-4.24%	Feb 9, 2026
Andrew Kaplowitz Citigroup	Citigroup	Hold Maintains $271 → $284	Hold	Maintains	$271 → $284	-1.10%	Feb 4, 2026
Joseph O'Dea Wells Fargo	Wells Fargo	Sell Maintains $250 → $270	Sell	Maintains	$250 → $270	-5.98%	Feb 4, 2026
Joseph O'Dea Wells Fargo	Wells Fargo	Sell Maintains $245 → $250	Sell	Maintains	$245 → $250	-12.94%	Jan 7, 2026

More Analyst Ratings

Financial Forecast

Revenue This Year

16.73B

from 16.04B

4.27%

from 16.04B

Revenue Next Year

17.31B

from 16.73B

3.48%

from 16.73B

EPS This Year

11.37

from 10.49

8.41%

from 10.49

EPS Next Year

12.19

from 11.37

7.20%

from 11.37

Fiscal Year	FY 2021	FY 2022	FY 2023	FY 2024	FY 2025	FY 2026	FY 2027
Period Ending	Dec 31, 2021	Dec 31, 2022	Dec 31, 2023	Dec 31, 2024	Dec 31, 2025	Dec 31, 2026	Dec 31, 2027
Revenue	14.46B	15.93B	16.11B	15.90B	16.04B	16.73B	17.31B
Revenue Growth	14.96%	10.22%	1.10%	-1.30%	0.92%	4.27%	3.48%
EPS	8.51	9.77	9.74	11.71	10.49	11.37	12.19
EPS Growth	28.36%	14.81%	-0.31%	20.23%	-10.42%	8.41%	7.20%
Forward PE	-	-	-	-	-	25.25	23.55
No. Analysts	-	-	-	-	-	21	15

Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue	2026	2027
High	17.6B	18.2B
Avg	16.7B	17.3B
Low	16.2B	16.6B

Revenue Growth

Revenue Growth	2026	2027
High	9.4%	8.8%
Avg	4.3%	3.5%
Low	0.7%	-0.7%

EPS Forecast

EPS	2026	2027
High	12.80	13.82
Avg	11.37	12.19
Low	10.73	11.42

EPS Growth

EPS Growth	2026	2027
High	22.0%	21.5%
Avg	8.4%	7.2%
Low	2.3%	0.4%

Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.