Illinois Tool Works Inc. (ITW)
NYSE: ITW · Real-Time Price · USD
291.17
+0.54 (0.19%)
At close: Mar 2, 2026, 4:00 PM EST
290.29
-0.88 (-0.30%)
After-hours: Mar 2, 2026, 7:22 PM EST
Illinois Tool Works Stock Forecast
Stock Price Forecast
The 10 analysts that cover Illinois Tool Works stock have a consensus rating of "Sell" and an average price target of $264.5, which forecasts a -9.16% decrease in the stock price over the next year. The lowest target is $230 and the highest is $296.
Price Target: $264.5 (-9.16%)
Analyst Consensus: Sell
Analyst Ratings
The average analyst rating for Illinois Tool Works stock 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 |
|---|---|---|---|---|---|---|---|
| Evercore ISI Group | Evercore ISI Group | Sell Maintains $253 → $296 | Sell | Maintains | $253 → $296 | +1.66% | Feb 23, 2026 |
| Barclays | Barclays | Sell Maintains $244 → $275 | Sell | Maintains | $244 → $275 | -5.55% | Feb 9, 2026 |
| Citigroup | Citigroup | Hold Maintains $271 → $284 | Hold | Maintains | $271 → $284 | -2.46% | Feb 4, 2026 |
| Wells Fargo | Wells Fargo | Sell Maintains $250 → $270 | Sell | Maintains | $250 → $270 | -7.27% | Feb 4, 2026 |
| Wells Fargo | Wells Fargo | Sell Maintains $245 → $250 | Sell | Maintains | $245 → $250 | -14.14% | Jan 7, 2026 |
Financial Forecast
Revenue This Year
16.73B
from 16.04B
Increased by 4.27%
Revenue Next Year
17.31B
from 16.73B
Increased by 3.48%
EPS This Year
11.37
from 10.49
Increased by 8.41%
EPS Next Year
12.19
from 11.37
Increased by 7.20%
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.
Revenue Forecast
| Revenue | 2026 | 2027 | 2028 | 2029 | 2030 |
|---|---|---|---|---|---|
| High | 17.6B | 18.2B | |||
| Avg | 16.7B | 17.3B | |||
| Low | 16.2B | 16.6B |
Revenue Growth
| Revenue Growth | 2026 | 2027 | 2028 | 2029 | 2030 |
|---|---|---|---|---|---|
| High | 9.4% | 8.8% | |||
| Avg | 4.3% | 3.5% | |||
| Low | 0.7% | -0.7% |
EPS Forecast
| EPS | 2026 | 2027 | 2028 | 2029 | 2030 |
|---|---|---|---|---|---|
| High | 12.80 | 13.82 | |||
| Avg | 11.37 | 12.19 | |||
| Low | 10.73 | 11.42 |
EPS Growth
| EPS Growth | 2026 | 2027 | 2028 | 2029 | 2030 |
|---|---|---|---|---|---|
| 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.