Illinois Tool Works Inc. (ITW)
NYSE: ITW · Real-Time Price · USD
245.08
-0.65 (-0.26%)
At close: May 30, 2025, 4:00 PM
245.08
0.00 (0.00%)
After-hours: May 30, 2025, 4:12 PM EDT
Illinois Tool Works Stock Forecast
Stock Price Forecast
According to 10 professional analysts, the 12-month price target for Illinois Tool Works stock ranges from a low of $233 to a high of $295. The average analyst price target of $256.4 forecasts a 4.62% increase in the stock price over the next year.
Price Target: $256.40 (+4.62%)
Analyst Consensus: Hold
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
| Rating | Dec '24 | Jan '25 | Feb '25 | Mar '25 | Apr '25 | May '25 |
|---|---|---|---|---|---|---|
| Strong Buy | 1 | 1 | 1 | 1 | 1 | 1 |
| Buy | 1 | 1 | 1 | 1 | 1 | 1 |
| Hold | 5 | 5 | 5 | 5 | 6 | 6 |
| Sell | 3 | 2 | 2 | 2 | 2 | 2 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 10 | 9 | 9 | 9 | 10 | 10 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Evercore ISI Group | Evercore ISI Group | Sell Maintains $252 → $249 | Sell | Maintains | $252 → $249 | +1.60% | May 19, 2025 |
| Stifel | Stifel | Hold Maintains $227 → $233 | Hold | Maintains | $227 → $233 | -4.93% | May 1, 2025 |
| Barclays | Barclays | Hold Maintains $240 → $237 | Hold | Maintains | $240 → $237 | -3.30% | May 1, 2025 |
| Truist Securities | Truist Securities | Strong Buy Maintains $302 → $284 | Strong Buy | Maintains | $302 → $284 | +15.88% | May 1, 2025 |
| Baird | Baird | Hold Maintains $239 → $244 | Hold | Maintains | $239 → $244 | -0.44% | May 1, 2025 |
Financial Forecast
Revenue This Year
16.01B
from 15.90B
Increased by 0.67%
Revenue Next Year
16.54B
from 16.01B
Increased by 3.36%
EPS This Year
10.36
from 11.71
Decreased by -11.50%
EPS Next Year
11.21
from 10.36
Increased by 8.18%
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.
Revenue Forecast
| Revenue | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|
| High | 17.1B | 17.7B | 18.4B | ||
| Avg | 16.0B | 16.5B | 17.1B | ||
| Low | 15.2B | 15.6B | 16.2B |
Revenue Growth
| Revenue Growth | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|
| High | 7.4% | 10.8% | 11.2% | ||
| Avg | 0.7% | 3.4% | 3.5% | ||
| Low | -4.2% | -2.2% | -2.0% |
EPS Forecast
| EPS | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|
| High | 11.03 | 13.02 | 14.04 | ||
| Avg | 10.36 | 11.21 | 12.00 | ||
| Low | 9.80 | 10.37 | 11.03 |
EPS Growth
| EPS Growth | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|
| High | -5.8% | 25.6% | 25.2% | ||
| Avg | -11.5% | 8.2% | 7.0% | ||
| Low | -16.3% | 0.0% | -1.6% |
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.