Illinois Tool Works Inc. (ITW)

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 260.4, with a low estimate of 227 and a high estimate of 318. The average target predicts an increase of 13.32% from the current stock price of 229.80.

Analyst Consensus: Hold

Target	Low	Average	Median	High
Price	$227	$260.4	$252	$318
Change	-1.22%	+13.32%	+9.66%	+38.38%

Analyst Ratings

The average analyst rating for Illinois Tool Works stock from 10 stock analysts is "Hold". This means that analysts believe this stock is likely to perform similarly to the overall market.

Recommendation Trends

Rating	Nov '24	Dec '24	Jan '25	Feb '25	Mar '25	Apr '25
Strong Buy	1	1	1	1	1	1
Buy	1	1	1	1	1	1
Hold	5	5	5	5	5	6
Sell	4	3	2	2	2	2
Strong Sell	0	0	0	0	0	0
Total	11	10	9	9	9	10

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Andrew Kaplowitz Citigroup	Citigroup	Hold Maintains $265 → $253	Hold	Maintains	$265 → $253	+10.10%	Apr 14, 2025
Nathan Jones Stifel	Stifel	Hold Maintains $259 → $227	Hold	Maintains	$259 → $227	-1.22%	Apr 14, 2025
Julian Mitchell Barclays	Barclays	Hold Maintains $252 → $240	Hold	Maintains	$252 → $240	+4.44%	Apr 10, 2025
Steven Fisher UBS	UBS	Hold Maintains $269 → $234	Hold	Maintains	$269 → $234	+1.83%	Apr 7, 2025
Julian Mitchell Barclays	Barclays	Hold Maintains $260 → $252	Hold	Maintains	$260 → $252	+9.66%	Mar 26, 2025

More Analyst Ratings

Financial Forecast

Revenue This Year

15.89B

Decreased by -0.03%

from 15.90B

Revenue Next Year

16.44B

Increased by 3.47%

from 15.89B

EPS This Year

10.50

Decreased by -10.36%

from 11.71

EPS Next Year

11.39

Increased by 8.48%

from 10.50

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	12.57B	14.46B	15.93B	16.11B	15.90B	15.89B	16.44B	17.04B
Revenue Growth	-10.88%	14.96%	10.22%	1.10%	-1.30%	-0.03%	3.47%	3.64%
EPS	6.63	8.51	9.77	9.74	11.71	10.50	11.39	12.20
EPS Growth	-14.34%	28.36%	14.81%	-0.31%	20.23%	-10.36%	8.48%	7.18%
Forward PE	-	-	-	-	-	21.89	20.18	18.83
No. Analysts	-	-	-	-	-	23	20	13

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

Revenue Forecast

Revenue	2025	2026	2027	2028	2029
High	16.8B	17.6B	18.4B
Avg	15.9B	16.4B	17.0B
Low	14.7B	15.3B	16.1B

Revenue Growth

Revenue Growth	2025	2026	2027	2028	2029
High	5.6%	10.6%	11.9%
Avg	-0.0%	3.5%	3.6%
Low	-7.4%	-3.6%	-2.4%

EPS Forecast

EPS	2025	2026	2027	2028	2029
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	2025	2026	2027	2028	2029
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.