Illinois Tool Works Inc. (ITW)
NYSE: ITW · Real-Time Price · USD
266.32
+1.21 (0.46%)
At close: Oct 13, 2026, 4:00 PM EDT
265.83
-0.49 (-0.18%)
After-hours: Oct 13, 2026, 7:51 PM EDT
Illinois Tool Works Stock Forecast
Stock Price Forecast
According to 16 analysts polled by S&P Global, Illinois Tool Works stock has a consensus rating of "Hold" and an average price target of $294.57. The average 1-year stock price forecast is 10.61% higher than the current stock price, while the lowest is $249 (-6.50%) and the highest is $326 (+22.41%).
Price Target: $294.57 (+10.61%)
Analyst Consensus: Hold
Price Target
ChartAnalyst 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 | May '26 | Jun '26 | Jul '26 | Aug '26 | Sep '26 | Oct '26 |
|---|---|---|---|---|---|---|
| Strong Buy | 1 | 1 | 1 | 1 | 1 | 1 |
| Buy | 1 | 1 | 1 | 1 | 1 | 0 |
| Hold | 10 | 10 | 10 | 10 | 11 | 12 |
| Sell | 2 | 1 | 1 | 1 | 0 | 0 |
| Strong Sell | 4 | 3 | 3 | 3 | 3 | 3 |
| Total | 18 | 16 | 16 | 16 | 16 | 16 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| J.P. Morgan | J.P. Morgan | Hold Downgrades $350 → $270 | Hold | Downgrades | $350 → $270 | +1.38% | Oct 9, 2026 |
| Truist Financial | Truist Financial | Hold Maintains $308 → $297 | Hold | Maintains | $308 → $297 | +11.52% | Oct 5, 2026 |
| Bank of America Securities | Bank of America Securities | Hold Reiterates $300 | Hold | Reiterates | $300 | +12.65% | Sep 29, 2026 |
| Citi | Citi | Hold Maintains n/a | Hold | Maintains | n/a | n/a | Aug 10, 2026 |
| UBS | UBS | Hold Maintains $278 → $300 | Hold | Maintains | $278 → $300 | +12.65% | Jul 29, 2026 |
Financial Forecast
Revenue This Year
16.82B
from 16.04B
Increased by 4.86%
Revenue Next Year
17.43B
from 16.82B
Increased by 3.61%
EPS This Year
11.44
from 10.49
Increased by 9.05%
EPS Next Year
12.34
from 11.44
Increased by 7.84%
EPS and Forward PE are based on non-GAAP adjusted numbers.