Illinois Tool Works Inc. (ITW) Stock Forecast
Data as of Jun 16, 2026Industrials · Current price $265.63 (+1.17%)
Price Target Range
Consensus Price Target Over Time
Analyst Rating Distribution
Last 3 Months
6-Month Trend
Latest Analyst Forecasts
Price targets issued by Wall Street analysts. Upside calculated against today's price.
| Date | Analyst | Firm | Price Target | Upside |
|---|---|---|---|---|
| Feb 9, 2026 | Julian Mitchell | Barclays | $275.00 | +3.5% |
| Feb 4, 2026 | Mircea Dobre | Robert W. Baird | $278.00 | +4.7% |
| Feb 4, 2026 | Joseph O'Dea | Wells Fargo | $270.00 | +1.6% |
| Oct 27, 2025 | Joseph O'Dea | Wells Fargo | $245.00 | -7.8% |
| Aug 19, 2025 | David Raso | Evercore ISI | $265.00 | -0.2% |
| Mar 10, 2025 | Julian Mitchell | Barclays | $260.00 | -2.1% |
| Jan 7, 2025 | Joseph O'Dea | Wells Fargo | $250.00 | -5.9% |
| Sep 10, 2024 | Jonathan Sakraida | CFRA | $250.00 | -5.9% |
| Jul 31, 2024 | Joseph O'Dea | Wells Fargo | $236.00 | -11.2% |
| Jul 31, 2024 | Jamie Cook | Truist Financial | $281.00 | +5.8% |
| May 1, 2024 | Joseph O'Dea | Wells Fargo | $244.00 | -8.1% |
| Apr 8, 2024 | Nigel Coe | Wolfe Research | $250.00 | -5.9% |
| Mar 13, 2024 | Jamie Cook | Truist Financial | $303.00 | +14.1% |
| Jul 26, 2022 | Stephen Volkmann | Jefferies | $195.00 | -26.6% |
| May 21, 2022 | Steven Fuller | UBS | $243.00 | -8.5% |
| May 2, 2022 | Nicole DeBlase | Deutsche Bank | $226.00 | -14.9% |
| Apr 23, 2022 | Nathan Jones | Stifel Nicolaus | $202.00 | -24.0% |
| Apr 5, 2022 | Julian Mitchell | Barclays | $200.00 | -24.7% |
| Jan 13, 2022 | Jamie Cook | Credit Suisse | $284.00 | +6.9% |
| Dec 2, 2021 | Joel Tiss | BMO Capital | $235.00 | -11.5% |
Top Analysts Covering ITW
ITW vs Sector & Market
| Metric | ITW | Industrials Avg | Large Cap Avg |
|---|---|---|---|
| Analyst Rating | 3.45 | 2.41 | 2.40 |
| Analyst Count | 11 | 8 | 19 |
| Target Upside | +5.8% | +88.5% | +17.1% |
| P/E Ratio | 24.66 | 26.79 | 31.64 |
Revenue Estimates
| Period | Low | Avg | High | # |
|---|---|---|---|---|
| 2026-06-30 | $4.13B | $4.17B | $4.20B | 9 |
| 2026-09-30 | $4.13B | $4.17B | $4.21B | 4 |
| 2026-12-31 | $4.16B | $4.21B | $4.25B | 8 |
| 2027-03-31 | $4.08B | $4.12B | $4.16B | 4 |
| 2027-06-30 | $4.24B | $4.29B | $4.33B | 4 |
| 2027-09-30 | $4.26B | $4.31B | $4.35B | 5 |
| 2027-12-31 | $4.28B | $4.33B | $4.37B | 4 |
| 2028-12-31 | $17.67B | $17.70B | $17.73B | 8 |
| 2029-12-31 | $18.21B | $18.48B | $18.75B | 7 |
EPS Estimates
| Period | Low | Avg | High | # |
|---|---|---|---|---|
| 2026-06-30 | $2.78 | $2.80 | $2.81 | 9 |
| 2026-09-30 | $2.89 | $2.93 | $2.97 | 3 |
| 2026-12-31 | $2.89 | $2.93 | $2.96 | 7 |
| 2027-03-31 | $2.74 | $2.78 | $2.81 | 3 |
| 2027-06-30 | $2.96 | $3.00 | $3.04 | 3 |
| 2027-09-30 | $3.10 | $3.14 | $3.18 | 4 |
| 2027-12-31 | $3.08 | $3.12 | $3.16 | 3 |
| 2028-12-31 | $12.46 | $12.77 | $13.57 | 8 |
| 2029-12-31 | $13.26 | $13.51 | $13.77 | 6 |
Frequently Asked Questions
What is the analyst consensus for ITW?
The consensus among 11 analysts covering Illinois Tool Works Inc. (ITW) is Hold with an average price target of $273.50.
What is the highest price target for ITW?
The highest price target for ITW is $303.00, set by Jamie Cook at Truist Financial on 2024-03-13.
What is the lowest price target for ITW?
The lowest price target for ITW is $195.00, set by Stephen Volkmann at Jefferies on 2022-07-26.
How many analysts cover ITW?
11 analysts have issued ratings for Illinois Tool Works Inc. in the past 12 months.
Is ITW a buy or sell right now?
Based on 11 analyst ratings, ITW has a consensus rating of Hold (3.45/5) with a +5.8% upside to the consensus target of $273.50.
What are the earnings estimates for ITW?
Analysts estimate ITW will report EPS of $2.80 for the period ending 2026-06-30, with revenue estimated at $4.17B.
Related Stock Forecasts
Data updated daily. Analyst price targets sourced from public filings and broker reports. Not investment advice.