Illinois Tool Works Inc. (ITW)
NYSE: ITW · Real-Time Price · USD
267.71
-2.89 (-1.07%)
Jun 26, 2026, 4:00 PM EDT - Market closed
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 275.6, with a low estimate of 250 and a high estimate of 300. The average target predicts an increase of 2.95% from the current stock price of 267.71.
Analyst Consensus: Hold
* Price targets were last updated on May 11, 2026.
Analyst Ratings
The average analyst rating for Illinois Tool Works stock from 17 stock analysts is "Hold". This means that analysts believe this stock is likely to perform similarly to the overall market.
Recommendation Trends
| Rating | Jan '26 | Feb '26 | Mar '26 | Apr '26 | May '26 | Jun '26 |
|---|---|---|---|---|---|---|
| Strong Buy | 1 | 1 | 1 | 1 | 1 | 1 |
| Buy | 1 | 1 | 1 | 1 | 1 | 1 |
| Hold | 10 | 10 | 10 | 10 | 10 | 10 |
| Sell | 2 | 2 | 2 | 2 | 2 | 1 |
| Strong Sell | 4 | 4 | 4 | 4 | 4 | 4 |
| Total | 18 | 18 | 18 | 18 | 18 | 17 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Evercore ISI | Evercore ISI | Sell Maintains $296 → $272 | Sell | Maintains | $296 → $272 | +1.60% | May 11, 2026 |
| Citi | Citi | Hold Reiterates $284 → $287 | Hold | Reiterates | $284 → $287 | +7.21% | May 4, 2026 |
| Wells Fargo | Wells Fargo | Sell Reiterates $245 → $255 | Sell | Reiterates | $245 → $255 | -4.75% | May 4, 2026 |
| Barclays | Barclays | Sell Maintains $250 | Sell | Maintains | $250 | -6.62% | May 4, 2026 |
| J.P. Morgan | J.P. Morgan | Buy Maintains $303 → $295 | Buy | Maintains | $303 → $295 | +10.19% | May 1, 2026 |
Financial Forecast
Revenue This Year
16.60B
from 16.04B
Increased by 3.49%
Revenue Next Year
17.19B
from 16.60B
Increased by 3.54%
EPS This Year
11.34
from 10.49
Increased by 8.07%
EPS Next Year
12.17
from 11.34
Increased by 7.36%
Revenue Forecast
| Revenue | 2026 | 2027 | 2028 |
|---|---|---|---|
| High | 16.8B | 17.4B | |
| Avg | 16.6B | 17.2B | |
| Low | 16.5B | 16.9B |
Revenue Growth
| Revenue Growth | 2026 | 2027 | 2028 |
|---|---|---|---|
| High | 4.5% | 4.7% | |
| Avg | 3.5% | 3.5% | |
| Low | 2.7% | 2.1% |
EPS Forecast
| EPS | 2026 | 2027 | 2028 |
|---|---|---|---|
| High | 11.81 | 12.76 | |
| Avg | 11.34 | 12.17 | |
| Low | 11.20 | 11.81 |
EPS Growth
| EPS Growth | 2026 | 2027 | 2028 |
|---|---|---|---|
| High | 12.6% | 12.6% | |
| Avg | 8.1% | 7.4% | |
| Low | 6.8% | 4.2% |
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.