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Illinois Tool Works (ITW) Stock Forecast & Price Target

Illinois Tool Works logo
$252.91 -2.84 (-1.11%)
Closing price 10/8/2025 03:59 PM Eastern
Extended Trading
$253.01 +0.10 (+0.04%)
As of 10/8/2025 07:48 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.

Illinois Tool Works - Analysts' Recommendations and Stock Price Forecast (2025)

Consensus Rating

Sell
3
Hold
8
Buy
2

Based on 13 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 13 analysts, 3 have given a sell rating, 8 have given a hold rating, and 2 have given a buy rating for ITW.

Consensus Price Target

$262.83
3.92% Upside
According to the 13 analysts' twelve-month price targets for Illinois Tool Works, the average price target is $262.83. The highest price target for ITW is $298.00, while the lowest price target for ITW is $220.00. The average price target represents a forecasted upside of 3.92% from the current price of $252.91.
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
10/9/24 to 10/9/25
1 Month Ago
9/9/24 to 9/9/25
3 Months Ago
7/11/24 to 7/11/25
1 Year Ago
10/10/23 to 10/9/24
Strong Buy
0 Strong Buy rating(s)
0 Strong Buy rating(s)
1 Strong Buy rating(s)
1 Strong Buy rating(s)
Buy
2 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$262.83$260.67$252.83$255.22
Forecasted Upside3.92% Upside-0.58% Downside-2.65% Downside-1.07% Downside
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
1.92
2.45
2.51
Consensus RatingReduceHoldModerate Buy
Predicted Upside3.92% Upside40.26% Upside170.76% Upside
News Sentiment Rating
Positive News

See Recent ITW News
Positive News
Positive News
DateBrokerageAnalystActionRatingPrice TargetReport Date
Upside/Downside
Details
10/8/2025Truist Financial
3 of 5 stars
Jamie Cook
Not Rated
Boost TargetHold$283.00 ➝ $298.00+16.53%
10/8/2025Weiss Ratings
0 of 5 stars
 Reiterated RatingBuy (B)
10/2/2025Deutsche Bank Aktiengesellschaft
2 of 5 stars
 Boost TargetHold$265.00 ➝ $268.00+3.00%
8/19/2025Evercore ISI
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Set TargetUnderperform$265.00+2.14%
8/4/2025Barclays
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Boost TargetEqual Weight$240.00 ➝ $243.00-4.78%
7/31/2025Wells Fargo & Company
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Boost TargetUnderweight$235.00 ➝ $250.00-2.54%
7/31/2025Stifel Nicolaus
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Boost TargetHold$255.00 ➝ $261.00+1.75%
7/31/2025UBS Group
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Boost TargetNeutral$243.00 ➝ $255.00-0.76%
7/14/2025Citigroup
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Boost TargetNeutral$254.00 ➝ $265.00+2.73%
5/7/2025Bank of America
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 DowngradeNeutralUnderperform$220.00-8.41%
5/1/2025Robert W. Baird
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Boost TargetNeutral$239.00 ➝ $244.00+1.73%
2/3/2025JPMorgan Chase & Co.
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Lower TargetOverweight$300.00 ➝ $295.00+15.17%
12/6/2024Jefferies Financial Group
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 Boost TargetHold$255.00 ➝ $290.00+5.35%
7/31/2024Argus
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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 Thursday at 03:20 AM 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 Monday, October 6, 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 company has a strong net margin, indicating efficient management and profitability, which can lead to higher returns for investors.
  • Illinois Tool Works Inc. recently increased its quarterly dividend to $1.61 per share, reflecting a commitment to returning value to shareholders.
  • The current stock price is around $265, which is supported by analysts' price targets suggesting potential for growth.
  • With a return on equity of 90.89%, the company demonstrates effective use of equity financing to generate profits, appealing to investors looking for strong financial performance.
  • Analysts have a consensus rating of "Reduce," indicating that while there are concerns, the overall outlook remains cautiously optimistic, which can be a strategic entry point for 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:

  • Recent downgrades from several analysts, including a shift from "buy" to "hold," suggest a lack of confidence in the stock's short-term performance.
  • The company has a relatively low insider ownership at 0.88%, which may indicate a lack of confidence from those closest to the company.
  • Despite a slight revenue increase, the overall growth rate may not meet investor expectations, leading to potential volatility in stock performance.
  • With a payout ratio of 52.59%, there is a significant portion of earnings being distributed as dividends, which could limit funds available for reinvestment in growth opportunities.
  • Analysts have issued more "Sell" ratings than "Buy" ratings, indicating a cautious sentiment that could affect stock demand negatively.

ITW Forecast - Frequently Asked Questions

According to the research reports of 13 Wall Street equities research analysts, the average twelve-month stock price forecast for Illinois Tool Works is $262.83, with a high forecast of $298.00 and a low forecast of $220.00.

13 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 2 buy ratings 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 upside of 3.92% 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, Deutsche Bank Aktiengesellschaft, Evercore ISI, Stifel Nicolaus, Truist Financial, UBS Group, Weiss Ratings, 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 Hold. Learn more on how ITW compares to other companies.


This page (NYSE:ITW) was last updated on 10/9/2025 by MarketBeat.com Staff
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