# Illinois Tool Works (ITW) — Analyst Forecast

ITW · NYSE · Stock

Canonical page: https://www.lighthorse.io/tickers/itw/forecast

## Analyst consensus

| Consensus | Buy | Hold | Sell | Analysts |
| --- | --- | --- | --- | --- |
| Hold | 1 | 15 | 3 | 19 |

## Price target

| Low | Average | High | Analysts |
| --- | --- | --- | --- |
| $277.00 | $295.00 | $309.00 | 4 |

Last price $271.19 (as of Oct 15, 2026).

## Recent analyst ratings

| Date | Firm | Action | Rating | Price target |
| --- | --- | --- | --- | --- |
| Oct 9, 2026 | JP Morgan | Downgraded | Overweight → Neutral | $277.00 |
| Oct 5, 2026 | Truist Securities | Maintained | Hold | $297.00 |
| Aug 11, 2026 | Evercore ISI Group | Maintained | Underperform | $309.00 |
| Jul 29, 2026 | Baird | Maintained | Neutral | $297.00 |
| Jul 29, 2026 | JP Morgan | Maintained | Overweight | $350.00 |
| Jul 13, 2026 | JP Morgan | Maintained | Overweight | $310.00 |
| Jul 2, 2026 | Truist Securities | Maintained | Hold | $301.00 |
| May 4, 2026 | Citigroup | Maintained | Neutral | $287.00 |
| May 4, 2026 | Wells Fargo | Maintained | Underweight | $255.00 |
| May 1, 2026 | JP Morgan | Maintained | Overweight | $295.00 |
| Apr 10, 2026 | JP Morgan | Maintained | Overweight | $303.00 |
| Apr 1, 2026 | Barclays | Maintained | Underweight | $250.00 |
| Apr 1, 2026 | Wells Fargo | Maintained | Underweight | $245.00 |
| Feb 23, 2026 | Evercore ISI Group | Maintained | Underperform | $296.00 |
| Feb 9, 2026 | Barclays | Maintained | Underweight | $275.00 |
| Feb 4, 2026 | Citigroup | Maintained | Neutral | $284.00 |
| Feb 4, 2026 | Wells Fargo | Maintained | Underweight | $270.00 |
| Jan 7, 2026 | Wells Fargo | Maintained | Underweight | $250.00 |
| Dec 16, 2025 | Goldman Sachs | Downgraded | Neutral → Sell | $230.00 |
| Nov 18, 2025 | B of A Securities | Upgraded | Underperform → Neutral | $255.00 |

## Frequently Asked Questions

### What is the price target for ITW stock?

The average 12-month analyst price target for Illinois Tool Works (ITW) is $295.00, with a high estimate of $309.00 and a low of $277.00, across 4 analysts.

### Is ITW a buy, sell, or hold?

Analysts covering Illinois Tool Works currently average a Hold rating: 1 buy, 15 hold and 3 sell, from 19 analysts. Ratings reflect analyst opinion, not investment advice.

### What upside do analysts see for ITW?

The average price target of $295.00 implies 8.78% upside from the last price of $271.19.

### What is the latest analyst rating on ITW?

On Oct 9, 2026, JP Morgan downgraded Illinois Tool Works to Neutral with a price target of $277.00.

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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.

Data provided by [AInvest](https://www.ainvest.com).