Illinois Tool Works (ITW) analyst forecast and price target
Analyst forecast
Consensus of 18 analyst ratings
Based on 4 analyst targets
Recent analyst ratings
| Firm | Action | Rating | Price target | Date |
|---|---|---|---|---|
| Evercore ISI Group | Maintained | Underperform | $309.00 from $272.00 | Aug 11, 2026 |
| Baird | Maintained | Neutral | $297.00 from $278.00 | Jul 29, 2026 |
| JP Morgan | Maintained | Overweight | $350.00 from $310.00 | Jul 29, 2026 |
| JP Morgan | Maintained | Overweight | $310.00 from $295.00 | Jul 13, 2026 |
| Truist Securities | Maintained | Hold | $301.00 from $280.00 | Jul 2, 2026 |
| Citigroup | Maintained | Neutral | $287.00 from $284.00 | May 4, 2026 |
| Wells Fargo | Maintained | Underweight | $255.00 from $245.00 | May 4, 2026 |
| JP Morgan | Maintained | Overweight | $295.00 from $303.00 | May 1, 2026 |
| JP Morgan | Maintained | Overweight | $303.00 from $327.00 | Apr 10, 2026 |
| Barclays | Maintained | Underweight | $250.00 from $275.00 | Apr 1, 2026 |
| Wells Fargo | Maintained | Underweight | $245.00 from $270.00 | Apr 1, 2026 |
| Evercore ISI Group | Maintained | Underperform | $296.00 from $253.00 | Feb 23, 2026 |
| Barclays | Maintained | Underweight | $275.00 from $244.00 | Feb 9, 2026 |
| Citigroup | Maintained | Neutral | $284.00 from $271.00 | Feb 4, 2026 |
| Wells Fargo | Maintained | Underweight | $270.00 from $250.00 | Feb 4, 2026 |
| Wells Fargo | Maintained | Underweight | $250.00 from $245.00 | Jan 7, 2026 |
| Goldman Sachs | Downgraded | Neutral → Sell | $230.00 from $258.00 | Dec 16, 2025 |
| B of A Securities | Upgraded | Underperform → Neutral | $255.00 from $220.00 | Nov 18, 2025 |
| Truist Securities | Maintained | Hold | $275.00 from $298.00 | Oct 27, 2025 |
| Barclays | Maintained | Underweight | $244.00 from $243.00 | Oct 27, 2025 |
Frequently asked questions
What is the price target for ITW stock?
The average 12-month analyst price target for Illinois Tool Works (ITW) is $314.25, with a high estimate of $350.00 and a low of $297.00, across 4 analysts.
Is ITW a buy, sell, or hold?
Analysts covering Illinois Tool Works currently average a Hold rating: 2 buy, 11 hold and 5 sell, from 18 analysts. Ratings reflect analyst opinion, not investment advice.
What upside do analysts see for ITW?
The average price target of $314.25 implies 13.80% upside from the last price of $276.15.
What is the latest analyst rating on ITW?
On Aug 11, 2026, Evercore ISI Group maintained Illinois Tool Works at Underperform with a price target of $309.00.
Analyst ratings and price targets are the opinions of third-party research firms, not of Light Horse Securities. They are estimates about an uncertain future, are frequently wrong, and are neither a recommendation nor a prediction of actual results.
This page is for informational purposes only. Nothing on it is a recommendation, solicitation or offer to buy or sell any security, nor investment, legal or tax advice. Light Horse Securities Inc does not verify third-party data and is not responsible for its accuracy, completeness or timeliness.
