Illinois Tool Works Inc. (ITW)
NYSE: ITW · Real-Time Price · USD
263.36
-3.01 (-1.13%)
At close: Sep 12, 2025, 4:00 PM EDT
264.20
+0.84 (0.32%)
After-hours: Sep 12, 2025, 7:56 PM EDT

Illinois Tool Works Stock Forecast

Stock Price Forecast

The 10 analysts that cover Illinois Tool Works stock have a consensus rating of "Hold" and an average price target of $263.6, which forecasts a 0.09% increase in the stock price over the next year. The lowest target is $243 and the highest is $295.

Price Target: $263.6 (+0.09%)
Analyst Consensus: Hold
TargetLowAverageMedianHigh
Price$243$263.6$261$295
Change-7.73%+0.09%-0.90%+12.01%
* Price targets were last updated on Aug 14, 2025.

Analyst Ratings

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

Recommendation Trends

RatingApr '25May '25Jun '25Jul '25Aug '25Sep '25
Strong Buy111111
Buy111111
Hold666655
Sell222233
Strong Sell000000
Total101010101010

Latest Forecasts

AnalystFirmRatingRatingActionPrice TargetUpsideDate
Barclays
Barclays
Sell
Downgrades
$243
SellDowngrades$243-7.73%Aug 14, 2025
Barclays
Barclays
Hold
Maintains
$240$243
HoldMaintains$240$243-7.73%Aug 4, 2025
Stifel
Stifel
Hold
Maintains
$255$261
HoldMaintains$255$261-0.90%Jul 31, 2025
Wells Fargo
Wells Fargo
Sell
Maintains
$235$250
SellMaintains$235$250-5.07%Jul 31, 2025
UBS
UBS
Hold
Maintains
$243$255
HoldMaintains$243$255-3.17%Jul 31, 2025
More Analyst Ratings

Financial Forecast

Revenue This Year
16.24B
from 15.90B
Increased by 2.12%
Revenue Next Year
16.80B
from 16.24B
Increased by 3.46%
EPS This Year
10.51
from 11.71
Decreased by -10.22%
EPS Next Year
11.37
from 10.51
Increased by 8.12%
Fiscal YearFY 2020FY 2021FY 2022FY 2023FY 2024FY 2025FY 2026
Period EndingDec 31, 2020Dec 31, 2021Dec 31, 2022Dec 31, 2023Dec 31, 2024Dec 31, 2025Dec 31, 2026
Revenue
12.57B14.46B15.93B16.11B15.90B16.24B16.80B
Revenue Growth
-10.88%14.96%10.22%1.10%-1.30%2.12%3.46%
EPS
6.638.519.779.7411.7110.5111.37
EPS Growth
-14.34%28.36%14.81%-0.31%20.23%-10.22%8.12%
Forward PE
-----25.0523.17
No. Analysts
-----2222
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue20252026202720282029
High17.1B17.7B
Avg16.2B16.8B
Low15.7B16.0B

Revenue Growth

Revenue Growth20252026202720282029
High
7.3%
9.2%
Avg
2.1%
3.5%
Low
-1.4%
-1.4%

EPS Forecast

EPS20252026202720282029
High11.0012.75
Avg10.5111.37
Low10.1210.78

EPS Growth

EPS Growth20252026202720282029
High
-6.0%
21.3%
Avg
-10.2%
8.1%
Low
-13.5%
2.5%
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.