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Illinois Tool Works (ITW) Stock Forecast & Price Target

Illinois Tool Works logo
$266.05 +0.38 (+0.14%)
Closing price 03:59 PM Eastern
Extended Trading
$266.24 +0.19 (+0.07%)
As of 04:04 PM Eastern
Extended trading is trading that happens on electronic markets outside of regular trading hours. This is a fair market value extended hours price provided by Polygon.io. Learn more.
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Illinois Tool Works - Analysts' Recommendations and Stock Price Forecast (2025)

Consensus Rating

Reduce
Based on 12 Analyst Ratings
Sell
3
Hold
8
Buy
1

Based on 12 Wall Street analysts who have issued ratings for Illinois Tool Works in the last 12 months, the stock has a consensus rating of "Reduce." Out of the 12 analysts, 3 have given a sell rating, 8 have given a hold rating, and 1 has given a buy rating for ITW.

Consensus Price Target

$260.67
-2.02% Downside
According to the 12 analysts' twelve-month price targets for Illinois Tool Works, the average price target is $260.67. The highest price target for ITW is $295.00, while the lowest price target for ITW is $220.00. The average price target represents a forecasted downside of -2.02% from the current price of $266.05.
MarketBeat calculates consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0 to .5 = Strong Sell, .5 to 1 = Sell, 1 to 1.5 = Reduce, 1.5 to 2.5 = Hold, 2.5 to 3.0 = Moderate Buy, 3.0 to 3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.
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ITW Analyst Ratings Over Time

TypeCurrent Forecast
9/5/24 to 9/5/25		1 Month Ago
8/6/24 to 8/6/25		3 Months Ago
6/7/24 to 6/7/25		1 Year Ago
9/6/23 to 9/5/24
Strong Buy
0 Strong Buy rating(s)
0 Strong Buy rating(s)
1 Strong Buy rating(s)
1 Strong Buy rating(s)
Buy
1 Buy rating(s)
1 Buy rating(s)
2 Buy rating(s)
2 Buy rating(s)
Hold
8 Hold rating(s)
8 Hold rating(s)
7 Hold rating(s)
4 Hold rating(s)
Sell
3 Sell rating(s)
3 Sell rating(s)
3 Sell rating(s)
3 Sell rating(s)
Consensus Price Target$260.67$259.33$253.42$250.22
Forecasted Upside-2.02% Downside0.66% Upside2.31% Upside2.95% Upside
Consensus RatingReduceReduceHoldHold

ITW Analyst Recommendations By Month

The chart below shows how a company's ratings by analysts have changed over time. Each bar represents the previous year of ratings for that month. Within each bar, the sell ratings are shown in red, the hold ratings are shown in yellow, the buy ratings are shown in green, and the strong buy ratings are shown in dark green.
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ITW Price Targets by Month

The chart below shows how a company's share price and consensus price target have changed over time. The dark blue line represents the company's actual price. The lighter blue line represents the stock's consensus price target. The even lighter blue range in the background of the two lines represents the low price target and the high price target for each stock.
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Illinois Tool Works Stock vs. The Competition

TypeIllinois Tool WorksIndustrials CompaniesS&P 500
Consensus Rating Score
1.83
2.67
2.53
Consensus RatingReduceModerate BuyModerate Buy
Predicted Upside-1.88% Downside49.97% Upside10.57% Upside
News Sentiment Rating
Positive News

See Recent ITW News
Positive News
Positive News
Export to Excel
DateBrokerageAnalystActionRatingPrice TargetReport Date
Upside/Downside		Details
8/19/2025Evercore ISI
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David Raso
David Raso
Not Rated
Set TargetUnderperform$265.00+2.14%
8/4/2025Barclays
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Julian Mitchell
3 of 5 stars
Boost TargetEqual Weight$240.00 ➝ $243.00-4.78%
7/31/2025Wells Fargo & Company
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Joseph O'Dea
5 of 5 stars
Boost TargetUnderweight$235.00 ➝ $250.00-2.54%
7/31/2025Stifel Nicolaus
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Nathan Jones
Nathan Jones
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Boost TargetHold$255.00 ➝ $261.00+1.75%
7/31/2025UBS Group
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Steven Fisher
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Boost TargetNeutral$243.00 ➝ $255.00-0.76%
7/31/2025Truist Financial
Subscribe to MarketBeat All Access for the firm's recommendation accuracy rating		 DowngradeBuy ➝ Hold$283.00+11.72%
7/14/2025Citigroup
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Andrew Kaplowitz
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Boost TargetNeutral$254.00 ➝ $265.00+2.73%
5/7/2025Bank of America
Subscribe to MarketBeat All Access for the firm's recommendation accuracy rating		 DowngradeNeutral ➝ Underperform$220.00-8.41%
5/1/2025Robert W. Baird
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Mig Dobre
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Boost TargetNeutral$239.00 ➝ $244.00+1.73%
2/19/2025Deutsche Bank Aktiengesellschaft
Subscribe to MarketBeat All Access for the firm's recommendation accuracy rating		 UpgradeSell ➝ Hold$257.00-1.92%
2/3/2025JPMorgan Chase & Co.
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Tami Zakaria
Tami Zakaria
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Lower TargetOverweight$300.00 ➝ $295.00+15.17%
12/6/2024Jefferies Financial Group
Subscribe to MarketBeat All Access for the firm's recommendation accuracy rating		 Boost TargetHold$255.00 ➝ $290.00+5.35%
7/31/2024Argus
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J. Eade
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UpgradeStrong-Buy

Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Friday at 04:08 PM ET.


Should I Buy Illinois Tool Works Stock? ITW Pros and Cons Explained

These pros and cons were generated based on recent news and financial data from MarketBeat in order to provide readers with the fastest and most accurate insights. They were last updated on Tuesday, September 2, 2025. Please send any questions or comments about these Illinois Tool Works pros and cons to contact@marketbeat.com.

Illinois Tool Works
Bull Case

green Wall Street bull icon

Here are some ways that investors could benefit from investing in Illinois Tool Works Inc.:

  • The current stock price is around $264.73, which reflects a strong market position and investor interest.
  • Illinois Tool Works Inc. recently reported earnings per share of $2.58, exceeding analysts' expectations, indicating robust financial performance.
  • The company has increased its quarterly dividend to $1.61, showcasing a commitment to returning value to shareholders and a healthy dividend yield of 2.4%.
  • With a market capitalization of $77.17 billion, Illinois Tool Works Inc. is a significant player in the industrial products sector, providing stability and growth potential.
  • The company has a strong return on equity of 90.89%, suggesting effective management and profitability, which can attract long-term investors.

Illinois Tool Works
Bear Case

red Wall Street bear icon

Investors should be bearish about investing in Illinois Tool Works Inc. for these reasons:

  • Despite recent earnings growth, the stock has an average rating of "Reduce," indicating some analysts are cautious about its future performance.
  • The company has a relatively high debt-to-equity ratio of 2.40, which may raise concerns about financial leverage and risk in economic downturns.
  • Analysts have mixed ratings, with one Buy, eight Holds, and three Sells, suggesting uncertainty in market sentiment.
  • The price-to-earnings ratio of 23.20 may indicate that the stock is overvalued compared to its earnings, which could deter value-focused investors.
  • Recent target price adjustments by analysts, including a downgrade from a Buy to a Hold, may signal potential volatility in the stock's performance.

ITW Forecast - Frequently Asked Questions

According to the research reports of 12 Wall Street equities research analysts, the average twelve-month stock price forecast for Illinois Tool Works is $260.67, with a high forecast of $295.00 and a low forecast of $220.00.

12 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Illinois Tool Works in the last twelve months. There are currently 3 sell ratings, 8 hold ratings and 1 buy rating for the stock. The consensus among Wall Street research analysts is that investors should "reduce" ITW shares.

According to analysts, Illinois Tool Works's stock has a predicted downside of -2.02% based on their 12-month stock forecasts.

Over the previous 90 days, Illinois Tool Works's stock had 1 downgrade by analysts.

Illinois Tool Works has been rated by research analysts at Barclays, Citigroup, Evercore ISI, Stifel Nicolaus, Truist Financial, UBS Group, and Wells Fargo & Company in the past 90 days.

Analysts like Illinois Tool Works less than other "industrials" companies. The consensus rating for Illinois Tool Works is Reduce while the average consensus rating for "industrials" companies is Moderate Buy. Learn more on how ITW compares to other companies.

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This page (NYSE:ITW) was last updated on 9/5/2025 by MarketBeat.com Staff
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