Illinois Tool Works Inc. (ITW)
NYSE: ITW · Real-Time Price · USD
246.46
-5.50 (-2.18%)
At close: Mar 28, 2025, 4:00 PM
243.62
-2.84 (-1.15%)
After-hours: Mar 28, 2025, 8:00 PM EDT

Illinois Tool Works Stock Forecast

Stock Price Forecast

The 9 analysts with 12-month price forecasts for Illinois Tool Works stock have an average target of 269.56, with a low estimate of 245 and a high estimate of 318. The average target predicts an increase of 9.37% from the current stock price of 246.46.

Analyst Consensus: Hold
Target Low Average Median High
Price $245 $269.56 $259 $318
Change -0.59% +9.37% +5.09% +29.03%

Analyst Ratings

The average analyst rating for Illinois Tool Works stock from 9 stock analysts is "Hold". This means that analysts believe this stock is likely to perform similarly to the overall market.

Recommendation Trends

Rating Oct '24Nov '24Dec '24Jan '25Feb '25Mar '25
Strong Buy 111111
Buy 111111
Hold 555555
Sell 343222
Strong Sell 000000
Total 101110999

Latest Forecasts

Analyst Firm Rating Rating Action Price Target Upside Date
Barclays
Barclays
Hold
Maintains
$260$252
Hold Maintains $260$252 +2.25% Mar 26, 2025
Barclays
Barclays
Hold
Maintains
$262$260
Hold Maintains $262$260 +5.49% Mar 10, 2025
Evercore ISI Group
Evercore ISI Group
Sell
Maintains
$255$252
Sell Maintains $255$252 +2.25% Feb 19, 2025
Barclays
Barclays
Hold
Maintains
$265$262
Hold Maintains $265$262 +6.31% Feb 7, 2025
Stifel
Stifel
Hold
Maintains
$266$259
Hold Maintains $266$259 +5.09% Feb 6, 2025
More Analyst Ratings

Financial Forecast

Revenue This Year
15.91B
from 15.90B
Increased by 0.06%
Revenue Next Year
16.45B
from 15.91B
Increased by 3.43%
EPS This Year
10.50
from 11.71
Decreased by -10.36%
EPS Next Year
11.39
from 10.50
Increased by 8.48%
Fiscal Year FY 2020 FY 2021 FY 2022 FY 2023 FY 2024 FY 2025 FY 2026 FY 2027
Period Ending Dec 31, 2020 Dec 31, 2021 Dec 31, 2022 Dec 31, 2023 Dec 31, 2024 Dec 31, 2025 Dec 31, 2026 Dec 31, 2027
Revenue
12.57B14.46B15.93B16.11B15.90B15.91B16.45B17.01B
Revenue Growth
-10.88%14.96%10.22%1.10%-1.30%0.06%3.43%3.37%
EPS
6.638.519.779.7411.7110.5011.3912.20
EPS Growth
-14.34%28.36%14.81%-0.31%20.23%-10.36%8.48%7.18%
Forward PE
-----23.4821.6420.19
No. Analysts -----232013
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue 20252026202720282029
High 16.8B 17.6B 18.4B
Avg 15.9B 16.5B 17.0B
Low 15.3B 15.7B 16.1B

Revenue Growth

Revenue Growth 20252026202720282029
High
5.6%
10.5%
11.8%
Avg
0.1%
3.4%
3.4%
Low
-4.0%
-1.1%
-2.2%

EPS Forecast

EPS 20252026202720282029
High 11.28 13.01 14.03
Avg 10.50 11.39 12.20
Low 10.00 10.63 11.27

EPS Growth

EPS Growth 20252026202720282029
High
-3.7%
23.9%
23.2%
Avg
-10.4%
8.5%
7.2%
Low
-14.6%
1.3%
-1.1%
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.