Illinois Tool Works
ITW

Illinois Tool Works (ITW) analyst forecast and price target

Analyst forecast

Hold

Consensus of 18 analyst ratings

Buy
2
Hold
11
Sell
5
Average price target
$314.25+13.80% vs. last price
Last $276.15
Low $297.00High $350.00

Based on 4 analyst targets

Recent analyst ratings

FirmActionRatingPrice targetDate
Evercore ISI GroupMaintainedUnderperform$309.00 from $272.00Aug 11, 2026
BairdMaintainedNeutral$297.00 from $278.00Jul 29, 2026
JP MorganMaintainedOverweight$350.00 from $310.00Jul 29, 2026
JP MorganMaintainedOverweight$310.00 from $295.00Jul 13, 2026
Truist SecuritiesMaintainedHold$301.00 from $280.00Jul 2, 2026
CitigroupMaintainedNeutral$287.00 from $284.00May 4, 2026
Wells FargoMaintainedUnderweight$255.00 from $245.00May 4, 2026
JP MorganMaintainedOverweight$295.00 from $303.00May 1, 2026
JP MorganMaintainedOverweight$303.00 from $327.00Apr 10, 2026
BarclaysMaintainedUnderweight$250.00 from $275.00Apr 1, 2026
Wells FargoMaintainedUnderweight$245.00 from $270.00Apr 1, 2026
Evercore ISI GroupMaintainedUnderperform$296.00 from $253.00Feb 23, 2026
BarclaysMaintainedUnderweight$275.00 from $244.00Feb 9, 2026
CitigroupMaintainedNeutral$284.00 from $271.00Feb 4, 2026
Wells FargoMaintainedUnderweight$270.00 from $250.00Feb 4, 2026
Wells FargoMaintainedUnderweight$250.00 from $245.00Jan 7, 2026
Goldman SachsDowngradedNeutral → Sell$230.00 from $258.00Dec 16, 2025
B of A SecuritiesUpgradedUnderperform → Neutral$255.00 from $220.00Nov 18, 2025
Truist SecuritiesMaintainedHold$275.00 from $298.00Oct 27, 2025
BarclaysMaintainedUnderweight$244.00 from $243.00Oct 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.