Illinois Tool Works Inc. (ITW)
NYSE: ITW · Real-Time Price · USD
242.47
-0.62 (-0.26%)
May 9, 2025, 12:44 PM - Market open
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 256.7, with a low estimate of 233 and a high estimate of 295. The average target predicts an increase of 5.87% from the current stock price of 242.47.
Analyst Consensus: Hold
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 | 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 |
|---|---|---|---|---|---|---|---|
| Stifel | Stifel | Hold Maintains $227 → $233 | Hold | Maintains | $227 → $233 | -3.91% | May 1, 2025 |
| Barclays | Barclays | Hold Maintains $240 → $237 | Hold | Maintains | $240 → $237 | -2.26% | May 1, 2025 |
| Truist Securities | Truist Securities | Strong Buy Maintains $302 → $284 | Strong Buy | Maintains | $302 → $284 | +17.13% | May 1, 2025 |
| Baird | Baird | Hold Maintains $239 → $244 | Hold | Maintains | $239 → $244 | +0.63% | May 1, 2025 |
| Citigroup | Citigroup | Hold Maintains $265 → $253 | Hold | Maintains | $265 → $253 | +4.34% | Apr 14, 2025 |
Financial Forecast
Revenue This Year
15.86B
from 15.90B
Decreased by -0.27%
Revenue Next Year
16.36B
from 15.86B
Increased by 3.15%
EPS This Year
10.36
from 11.71
Decreased by -11.51%
EPS Next Year
11.23
from 10.36
Increased by 8.40%
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 | 15.2B | 15.8B |
Revenue Growth
| Revenue Growth | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|
| High | 5.6% | 10.9% | 12.5% | ||
| Avg | -0.3% | 3.2% | 3.6% | ||
| Low | -7.4% | -4.3% | -3.1% |
EPS Forecast
| EPS | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|
| High | 11.28 | 13.01 | 14.03 | ||
| Avg | 10.36 | 11.23 | 12.09 | ||
| Low | 9.51 | 9.91 | 10.69 |
EPS Growth
| EPS Growth | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|
| High | -3.7% | 25.5% | 24.9% | ||
| Avg | -11.5% | 8.4% | 7.6% | ||
| Low | -18.8% | -4.4% | -4.8% |
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.