ILLINOIS TOOL WORKS (ITW) Forecast, Price Target & Analyst Ratings

NYSE:ITW • US4523081093

Current stock price

272.26 USD
+6.65 (+2.5%)
At close:
271.98 USD
-0.28 (-0.1%)
After Hours:

Analyst forecast overview

View the latest analyst price targets, stock forecast, EPS estimates, revenue projections, revisions, full estimates, rating distribution and upgrades/downgrades for ILLINOIS TOOL WORKS (ITW).

Forecast Snapshot

Consensus Price Target

Price Target
$277.62
+ 1.97% Upside
→ Price target details

Next Earnings Forecast

Earnings Estimate
Release Date
Apr 30, 2026
Period
Q1 / 2026
EPS Estimate
$2.59
Revenue Estimate
4.048B
→ Full earnings forecast details

ChartMill Buy Consensus

Rating
52.31%
Weighted Analyst Rating Score
→ Analyst Ratings details

Price Target Details & History

Consensus Price Target and Range

Mean target
$277.62
Upside
+ 1.97%
From current price of $272.26 to mean target of $277.62, Based on 26 analyst forecasts
Low
$218.49
Median
$285.60
High
$315.00

Price Target Revisions

1 Month
-0.60%
3 Months
5.71%

Price Target Summary

26 Wall Street analysts provided a forecast for the next 12 months for ITW. The average price target is 277.62 USD. This implies a price increase of 1.97% is expected in the next year compared to the current price of 272.26.
The average price target has been revised upward by 5.71% in the past 3 months.
→ Find peer stocks trading 30% below analyst price target

Analyst Ratings & History

Current Analyst Ratings

ITW Current Analyst RatingITW Current Analyst Buy, Sell and Hold Ratings.Current Analyst Rating Strong Buy Buy Hold Sell Strong Sell 2 4 6 8 10

Analyst Ratings History

ITW Historical Analyst RatingsITW Historical Analyst Buy, Sell and Hold Ratings and number of analysts.Historical Monthly Analyst Rating -19 -17 -15 -13 -11 -9 -7 -5 -3 -1 5 10 15 20 25

Analyst Ratings Consensus

ChartMill Buy Consensus
52.31%
ITW was analyzed by 26 analysts. The buy percentage consensus is at 52. So analysts seem to be rather neutral about ITW.
In the previous month the buy percentage consensus was at a similar level.
ITW was analyzed by 26 analysts, which should be a sufficient number of analysts to have a meaningful average consensus rating.
→ Find peer stocks with a buy consensus above 85%

Recent Upgrades & Downgrades

DateFirmActionFrom → To
2026-04-10JP MorganMaintains Overweight -> Overweight
2026-04-01BarclaysMaintains Underweight -> Underweight
2026-04-01Wells FargoMaintains Underweight -> Underweight
2026-02-23Evercore ISI GroupMaintains Underperform -> Underperform
2026-02-09BarclaysMaintains Underweight -> Underweight
2026-02-04Wells FargoMaintains Underweight -> Underweight
2026-02-04CitigroupMaintains Neutral -> Neutral
2026-01-07Wells FargoMaintains Underweight -> Underweight
2025-12-16Goldman SachsDowngrade Neutral -> Sell
2025-11-18B of A SecuritiesUpgrade Underperform -> Neutral
2025-10-27BarclaysMaintains Underweight -> Underweight
2025-10-27Wells FargoMaintains Underweight -> Underweight
2025-10-27Truist SecuritiesMaintains Hold -> Hold
2025-10-08Truist SecuritiesMaintains Hold -> Hold
2025-08-14BarclaysDowngrade Equal-Weight -> Underweight
2025-08-04BarclaysMaintains Equal-Weight -> Equal-Weight
2025-07-31UBSMaintains Neutral -> Neutral
2025-07-31StifelMaintains Hold -> Hold
2025-07-31Wells FargoMaintains Underweight -> Underweight
2025-07-21StifelMaintains Hold -> Hold
2025-07-14CitigroupMaintains Neutral -> Neutral
2025-07-09BarclaysMaintains Equal-Weight -> Equal-Weight
2025-07-01Wells FargoMaintains Underweight -> Underweight
2025-05-19Evercore ISI GroupMaintains Underperform -> Underperform
2025-05-01StifelMaintains Hold -> Hold

Next Earnings Forecast Details

Next Earnings Details

Release Date
Apr 30, 2026
Period
Q1 / 2026
EPS Estimate
$2.59
Revenue Estimate
4.048B
Revenue Q2Q
5.44%
EPS Q2Q
8.80%
Number of Analysts
17

Next Earnings Revisions

Revenue (1 Month)
0.05%
Revenue (3 Months)
0.27%
EPS (1 Month)
-0.04%
EPS (3 Months)
0.54%

Next Earnings Summary

ITW is expected to report earnings on 4/30/2026. The consensus EPS estimate for the next earnings is 2.59 USD and the consensus revenue estimate is 4.05B USD.
The next earnings revenue estimate has been revised upward by 0.27% in the past 3 months.
→ Find peers expecting at least 20% revenue growth next quarter

Full Analyst Estimates 2026 - 2032

Yearly Earnings Per Share (EPS), Revenue, EBIT, EBITDA and Operating Margin Analyst Estimates

2023 2024 2025 2026 2027 2028 2029 2030 2031 2032
Revenue
YoY % growth
ITW revenue by date.ITW revenue by date.
16.107B
1.10%		15.898B
-1.30%		16.044B
0.92%		16.729B
4.27%		17.304B
3.44%		17.887B
3.37%		18.924B
5.80%		20.081B
6.11%		N/AN/A
EBITDA
YoY % growth
ITW ebitda by date.ITW ebitda by date.
4.435B
5.60%		4.666B
5.21%		4.613B
-1.14%		4.919B
6.63%		5.18B
5.31%		5.389B
4.03%		5.73B
6.33%		6.015B
4.97%		N/AN/A
EBIT
YoY % growth
ITW ebit by date.ITW ebit by date.
4.04B
6.60%		4.264B
5.54%		4.216B
-1.13%		4.518B
7.16%		4.773B
5.64%		4.994B
4.63%		5.294B
6.01%		5.45B
2.95%		5.546B
1.76%		5.713B
3.01%
Operating Margin
ITW operating margin by date.ITW operating margin by date.
25.08%26.82%26.28%27.01%27.58%27.92%27.98%27.14%N/AN/A
EPS
YoY % growth
ITW eps by date.ITW eps by date.
9.78
0.00%		10.17
3.99%		10.49
3.15%		11.37
8.39%		12.23
7.52%		13.01
6.39%		14.50
11.47%		16.04
10.62%		N/AN/A

All data in USD

Quarterly Earnings Per Share (EPS), Revenue, EBIT and EBITDA Analyst Estimates

Q1 / 26 Q2 / 26 Q3 / 26 Q4 / 26 Q1 / 27 Q2 / 27 Q3 / 27 Q4 / 27
EPS
Q2Q % growth		2.59
8.80%		2.83
9.55%		2.96
5.50%		2.95
8.58%		2.79
7.88%		3.03
7.34%		3.21
8.41%		3.18
7.52%
Revenue
Q2Q % growth		4.048B
5.44%		4.217B
4.05%		4.212B
3.77%		4.247B
3.76%		4.163B
2.84%		4.343B
2.99%		4.359B
3.49%		4.381B
3.16%
EBITDA
Q2Q % growth		1.141B
9.08%		1.234B
-2.22%		1.276B
-9.25%		1.268B
-14.44%		1.208B
5.87%		1.298B
5.19%		1.358B
6.43%		1.33B
4.89%
EBIT
Q2Q % growth		1.041B
9.46%		1.134B
6.18%		1.177B
5.85%		1.167B
7.56%		1.102B
5.86%		1.19B
4.94%		1.249B
6.12%		1.228B
5.23%

All data in USD

Yearly Earnings Per Share (EPS) and Revenue Trends vs Historical Data

ITW Yearly Revenue VS EstimatesITW Yearly Revenue VS EstimatesYearly Revenue VS Estimates 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029 2030 5B 10B 15B 20B
ITW Yearly EPS VS EstimatesITW Yearly EPS VS EstimatesYearly EPS VS Estimates 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029 2030 5 10 15

Long Term Forward Growth Forecast Summary

Long Term EPS Growth (CAGR)

EPS Next 3 Year
7.43%
EPS Next 5 Year
8.86%

Long Term Revenue Growth (CAGR)

Revenue Next 3 Year
3.40%
Revenue Next 5 Year
4.41%

Long Term EBIT Growth (CAGR)

EBIT Next 3 Year
8.08%
EBIT Next 5 Year
7.10%
→ Find peers expecting at least 20% CAGR revenue growth over the next 3 years

ILLINOIS TOOL WORKS / ITW Forecast FAQ

What is the average price target for ILLINOIS TOOL WORKS (ITW) stock?

26 analysts have analysed ITW and the average price target is 277.62 USD. This implies a price increase of 1.97% is expected in the next year compared to the current price of 272.26.

Can you provide the upcoming earnings date for ILLINOIS TOOL WORKS?

ILLINOIS TOOL WORKS (ITW) will report earnings on 2026-04-30, before the market open.

Can you provide the consensus estimates for ILLINOIS TOOL WORKS next earnings?

The consensus EPS estimate for the next earnings of ILLINOIS TOOL WORKS (ITW) is 2.59 USD and the consensus revenue estimate is 4.05B USD.

Can you provide the expected long term growth rate for ILLINOIS TOOL WORKS stock?

The expected long term growth rate for ILLINOIS TOOL WORKS (ITW) is 3.4%.