Illinois Tool Works Inc. (ITW)
NYSE: ITW · Real-Time Price · USD
257.43
+2.98 (1.17%)
At close: Jun 12, 2026, 4:00 PM EDT
257.17
-0.26 (-0.10%)
After-hours: Jun 12, 2026, 7:00 PM EDT
Illinois Tool Works Stock Forecast
Stock Price Forecast
According to 18 analysts polled by S&P Global, Illinois Tool Works stock has a consensus rating of "Hold" and an average price target of $274.54. The average 1-year stock price forecast is 6.65% higher than the current stock price, while the lowest is $219 (-14.93%) and the highest is $317 (+23.14%).
Price Target: $274.54 (+6.65%)
Analyst Consensus: Hold
* Price targets were last updated on May 11, 2026.
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 '25 | Jan '26 | Feb '26 | Mar '26 | Apr '26 | May '26 |
|---|---|---|---|---|---|---|
| Strong Buy | 1 | 1 | 1 | 1 | 1 | 1 |
| Buy | 1 | 1 | 1 | 1 | 1 | 1 |
| Hold | 10 | 10 | 10 | 10 | 10 | 10 |
| Sell | 2 | 2 | 2 | 2 | 2 | 2 |
| Strong Sell | 4 | 4 | 4 | 4 | 4 | 4 |
| Total | 18 | 18 | 18 | 18 | 18 | 18 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Evercore ISI | Evercore ISI | Sell Maintains $296 → $272 | Sell | Maintains | $296 → $272 | +5.66% | May 11, 2026 |
| Citi | Citi | Hold Reiterates $284 → $287 | Hold | Reiterates | $284 → $287 | +11.49% | May 4, 2026 |
| Wells Fargo | Wells Fargo | Sell Reiterates $245 → $255 | Sell | Reiterates | $245 → $255 | -0.94% | May 4, 2026 |
| Barclays | Barclays | Sell Maintains $250 | Sell | Maintains | $250 | -2.89% | May 4, 2026 |
| J.P. Morgan | J.P. Morgan | Buy Maintains $303 → $295 | Buy | Maintains | $303 → $295 | +14.59% | May 1, 2026 |
Financial Forecast
Revenue This Year
16.60B
from 16.04B
Increased by 3.49%
Revenue Next Year
17.19B
from 16.60B
Increased by 3.54%
EPS This Year
11.34
from 10.49
Increased by 8.07%
EPS Next Year
12.17
from 11.34
Increased by 7.36%
EPS and Forward PE are based on non-GAAP adjusted numbers.
Revenue Forecast
| Revenue | 2026 | 2027 | 2028 |
|---|---|---|---|
| High | 16.8B | ||
| Avg | 16.6B | ||
| Low | 16.5B |
Revenue Growth
| Revenue Growth | 2026 | 2027 | 2028 |
|---|---|---|---|
| High | 4.5% | ||
| Avg | 3.5% | ||
| Low | 2.7% |
EPS Forecast
| EPS | 2026 | 2027 | 2028 |
|---|---|---|---|
| High | - | ||
| Avg | 11.34 | ||
| Low | - |
EPS Growth
| EPS Growth | 2026 | 2027 | 2028 |
|---|---|---|---|
| High | - | ||
| Avg | 8.1% | ||
| Low | - |