Illinois Tool Works Inc. (ITW)
NYSE: ITW · Real-Time Price · USD
267.32
+6.84 (2.63%)
Aug 13, 2025, 4:00 PM - Market closed

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 $243 to a high of $295. The average analyst price target of $263.6 forecasts a -1.39% decrease in the stock price over the next year.

Price Target: $263.60 (-1.39%)
Analyst Consensus: Hold
Target Low Average Median High
Price $243 $263.6 $261 $295
Change -9.10% -1.39% -2.36% +10.35%

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 Mar '25Apr '25May '25Jun '25Jul '25Aug '25
Strong Buy 111111
Buy 111111
Hold 566666
Sell 222222
Strong Sell 000000
Total 91010101010

Latest Forecasts

Analyst Firm Rating Rating Action Price Target Upside Date
Barclays
Barclays
Hold
Maintains
$240$243
Hold Maintains $240$243 -9.10% Aug 4, 2025
Stifel
Stifel
Hold
Maintains
$255$261
Hold Maintains $255$261 -2.36% Jul 31, 2025
Wells Fargo
Wells Fargo
Sell
Maintains
$235$250
Sell Maintains $235$250 -6.48% Jul 31, 2025
UBS
UBS
Hold
Maintains
$243$255
Hold Maintains $243$255 -4.61% Jul 31, 2025
Stifel
Stifel
Hold
Maintains
$233$255
Hold Maintains $233$255 -4.61% Jul 21, 2025
More Analyst Ratings

Financial Forecast

Revenue This Year
16.08B
from 15.90B
Increased by 1.13%
Revenue Next Year
16.63B
from 16.08B
Increased by 3.45%
EPS This Year
10.40
from 11.71
Decreased by -11.17%
EPS Next Year
11.24
from 10.40
Increased by 8.07%
Fiscal Year FY 2020 FY 2021 FY 2022 FY 2023 FY 2024 FY 2025 FY 2026 FY 2027
Period Ending Dec 31, 2020 Dec 31, 2021 Dec 31, 2022 Dec 31, 2023 Dec 31, 2024 Dec 31, 2025 Dec 31, 2026 Dec 31, 2027
Revenue
12.57B14.46B15.93B16.11B15.90B16.08B16.63B17.20B
Revenue Growth
-10.88%14.96%10.22%1.10%-1.30%1.13%3.45%3.40%
EPS
6.638.519.779.7411.7110.4011.2412.02
EPS Growth
-14.34%28.36%14.81%-0.31%20.23%-11.17%8.07%6.91%
Forward PE
-----25.7023.7822.24
No. Analysts
-----222214
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue 20252026202720282029
High 17.1B 17.7B 18.4B
Avg 16.1B 16.6B 17.2B
Low 15.2B 15.8B 16.3B

Revenue Growth

Revenue Growth 20252026202720282029
High
7.5%
10.4%
10.6%
Avg
1.1%
3.5%
3.4%
Low
-4.2%
-1.9%
-2.2%

EPS Forecast

EPS 20252026202720282029
High 11.03 13.02 14.04
Avg 10.40 11.24 12.02
Low 9.80 10.37 11.03

EPS Growth

EPS Growth 20252026202720282029
High
-5.8%
25.2%
24.9%
Avg
-11.2%
8.1%
6.9%
Low
-16.3%
-0.3%
-1.9%
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.