Illinois Tool Works Inc. (ITW)

Illinois Tool Works Stock Forecast

Stock Price Forecast

The 11 analysts that cover Illinois Tool Works stock have a consensus rating of "Hold" and an average price target of $256.18, which forecasts a 2.41% increase in the stock price over the next year. The lowest target is $230 and the highest is $295.

Price Target: $256.18 (+2.41%)

Analyst Consensus: Hold

Target	Low	Average	Median	High
Price	$230	$256.18	$255	$295
Change	-8.05%	+2.41%	+1.94%	+17.93%

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	Jul '25	Aug '25	Sep '25	Oct '25	Nov '25	Dec '25
Strong Buy	1	1	1	0	0	0
Buy	1	1	1	1	1	1
Hold	6	5	5	6	7	6
Sell	2	3	3	3	3	3
Strong Sell	0	0	0	0	0	1
Total	10	10	10	10	11	11

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Joe Ritchie Goldman Sachs	Goldman Sachs	Hold → Strong Sell Downgrades $258 → $230	Hold → Strong Sell	Downgrades	$258 → $230	-8.05%	Dec 16, 2025
Andrew Obin B of A Securities	B of A Securities	Sell → Hold Upgrades $220 → $255	Sell → Hold	Upgrades	$220 → $255	+1.94%	Nov 18, 2025
Julian Mitchell Barclays	Barclays	Sell Maintains $243 → $244	Sell	Maintains	$243 → $244	-2.45%	Oct 27, 2025
Jamie Cook Truist Securities	Truist Securities	Hold Maintains $298 → $275	Hold	Maintains	$298 → $275	+9.94%	Oct 27, 2025
Joseph O'Dea Wells Fargo	Wells Fargo	Sell Maintains $250 → $245	Sell	Maintains	$250 → $245	-2.05%	Oct 27, 2025

More Analyst Ratings

Financial Forecast

Revenue This Year

16.19B

Increased by 1.81%

from 15.90B

Revenue Next Year

16.74B

Increased by 3.40%

from 16.19B

EPS This Year

10.56

Decreased by -9.84%

from 11.71

EPS Next Year

11.38

Increased by 7.77%

from 10.56

Fiscal Year	FY 2020	FY 2021	FY 2022	FY 2023	FY 2024	FY 2025	FY 2026
Period Ending	Dec 31, 2020	Dec 31, 2021	Dec 31, 2022	Dec 31, 2023	Dec 31, 2024	Dec 31, 2025	Dec 31, 2026
Revenue	12.57B	14.46B	15.93B	16.11B	15.90B	16.19B	16.74B
Revenue Growth	-10.88%	14.96%	10.22%	1.10%	-1.30%	1.81%	3.40%
EPS	6.63	8.51	9.77	9.74	11.71	10.56	11.38
EPS Growth	-14.34%	28.36%	14.81%	-0.31%	20.23%	-9.84%	7.77%
Forward PE	-	-	-	-	-	23.69	21.98
No. Analysts	-	-	-	-	-	21	21

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

Revenue Forecast

Revenue	2025	2026	2027	2028	2029
High	16.9B	17.7B
Avg	16.2B	16.7B
Low	15.7B	16.0B

Revenue Growth

Revenue Growth	2025	2026	2027	2028	2029
High	6.2%	9.1%
Avg	1.8%	3.4%
Low	-1.5%	-1.3%

EPS Forecast

EPS	2025	2026	2027	2028	2029
High	11.03	12.80
Avg	10.56	11.38
Low	10.19	10.81

EPS Growth

EPS Growth	2025	2026	2027	2028	2029
High	-5.8%	21.2%
Avg	-9.8%	7.8%
Low	-13.0%	2.4%

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.