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ITW Stock Forecast 2026-2027
$271.05
Current Price
$78.12B
Market Cap
Buy 2
Hold 10
Sell 6
Wall St Analyst Ratings
Distance to ITW Price Targets
+14.4%
To High Target of $310.00
+3.5%
To Median Target of $280.50
-19.2%
To Low Target of $219.00
ITW Price Momentum
+2.5%
1 Week Change
+5.2%
1 Month Change
+14.7%
1 Year Change
+10.0%
Year-to-Date Change
-10.6%
From 52W High of $303.16
+20.5%
From 52W Low of $224.90
📊 TOP ANALYST CALLS
Did ITW Make This Month's Elite Buy List?
We don't follow just any analyst — only the top 3% with a proven track record make our cut. See if Illinois Tool Works is one of their latest high-conviction picks.
Latest ITW Stock Price Targets & Analyst Predictions
Based on our analysis of 27 Wall Street analysts, ITW has a neutral consensus with a median price target of $280.50 (ranging from $219.00 to $310.00). The overall analyst rating is Hold (5.2/10). Currently trading at $271.05, the median forecast implies a 3.5% upside. This outlook is supported by 2 Buy, 10 Hold, and 6 Sell ratings.
Please note that analyst price targets are forward-looking estimates subject to substantial market, economic, and company-specific risks. Past performance does not guarantee future results, and actual stock performance may materially differ from these projections. Investors should conduct their own due diligence and consider their investment objectives and risk tolerance before making investment decisions.
ITW Analyst Ratings
2
Buy
10
Hold
6
Sell
ITW Price Target Range
Low
$219.00
Average
$280.50
High
$310.00
Current: $271.05
Latest ITW Stock Forecasts by Analyst
These are the latest 20 analyst ratings and price targets for ITW.
| Date | Firm | Analyst | Rating | Change | Price Target |
|---|---|---|---|---|---|
| Apr 10, 2026 | JP Morgan | Tami Zakaria | Overweight | Maintains | $303.00 |
| Apr 1, 2026 | Wells Fargo | Joseph O'Dea | Underweight | Maintains | $245.00 |
| Apr 1, 2026 | Barclays | Julian Mitchell | Underweight | Maintains | $250.00 |
| Feb 23, 2026 | Evercore ISI Group | David Raso | Underperform | Maintains | $296.00 |
| Feb 9, 2026 | Barclays | Julian Mitchell | Underweight | Maintains | $275.00 |
| Feb 4, 2026 | Citigroup | Andrew Kaplowitz | Neutral | Maintains | $284.00 |
| Feb 4, 2026 | Wells Fargo | Joseph O'Dea | Underweight | Maintains | $270.00 |
| Jan 7, 2026 | Wells Fargo | Joseph O'Dea | Underweight | Maintains | $250.00 |
| Dec 16, 2025 | Goldman Sachs | Joe Ritchie | Sell | Downgrade | $230.00 |
| Nov 18, 2025 | B of A Securities | Andrew Obin | Neutral | Upgrade | $255.00 |
| Oct 27, 2025 | Truist Securities | Jamie Cook | Hold | Maintains | $275.00 |
| Oct 27, 2025 | Wells Fargo | Joseph O'Dea | Underweight | Maintains | $245.00 |
| Oct 27, 2025 | Barclays | Julian Mitchell | Underweight | Maintains | $244.00 |
| Oct 8, 2025 | Truist Securities | Jamie Cook | Hold | Maintains | $298.00 |
| Aug 14, 2025 | Barclays | Julian Mitchell | Underweight | Downgrade | $243.00 |
| Aug 4, 2025 | Barclays | Julian Mitchell | Equal-Weight | Maintains | $243.00 |
| Jul 31, 2025 | Stifel | Nathan Jones | Hold | Maintains | $261.00 |
| Jul 31, 2025 | UBS | Steven Fisher | Neutral | Maintains | $255.00 |
| Jul 31, 2025 | Wells Fargo | Joseph O'Dea | Underweight | Maintains | $250.00 |
| Jul 21, 2025 | Stifel | Nathan Jones | Hold | Maintains | $255.00 |
Illinois Tool Works Inc. (ITW) Competitors
The following stocks are similar to Illinois Tool Works based on their market capitalization and industry sector. These similar stocks potentially provide investors with alternative investment opportunities within the same market segment.
Illinois Tool Works Inc. (ITW) Financial Data
Illinois Tool Works Inc. has a market capitalization of $78.12B with a P/E ratio of 26.0x. The company generates $16.04B in trailing twelve-month revenue with a 19.1% profit margin.
Revenue growth is +4.1% quarter-over-quarter, while maintaining an operating margin of +26.8% and return on equity of +93.7%.
Valuation Metrics
Market Cap
$78.12B
Enterprise Value
$86.83B
P/E Ratio
26.0x
PEG Ratio
3.7x
Price/Sales
4.9x
Growth & Margins
Revenue Growth (YoY)
+4.1%
Gross Margin
+44.2%
Operating Margin
+26.8%
Net Margin
+19.1%
EPS Growth
+5.3%
Financial Health
Cash/Price Ratio
+1.1%
Current Ratio
1.2x
Debt/Equity
285.5x
ROE
+93.7%
ROA
+17.1%
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Illinois Tool Works Inc. (ITW) Business Model
About Illinois Tool Works Inc.
What They Do
Diversified global manufacturer of engineered products.
Business Model
The company operates through seven segments, each focusing on specific industrial solutions such as fasteners, welding equipment, adhesives, and food equipment. It generates revenue by providing a wide range of products to various sectors, including food service and construction, leveraging its decentralized business units to cater to customer needs effectively.
Additional Information
Founded in 1912 and headquartered in Glenview, Illinois, the company promotes an entrepreneurial culture and innovative solutions, making it a trusted partner for professionals worldwide.
Company Information
Sector
Industrials
Industry
Specialty Industrial Machinery
Employees
43,000
CEO
Mr. Christopher A. O'Herlihy
Country
United States
IPO Year
1987
Website
www.itw.comIllinois Tool Works Inc. (ITW) Latest News & Analysis
Featured Analysis
Powered by
Zacks Investment Research
Will Illinois Tool Works (ITW) Beat Estimates Again in Its Next Earnings Report?
Illinois Tool Works (ITW) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.
Apr 21, 2026
By Zacks Equity Research
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CAT Holds Dividend Steady For Now: Is a Hike Around the Corner?
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By Madhurima Das
Analyst Blog
Latest News
Quick Summary
Illinois Tool Works (ITW) has a strong earnings surprise history and is well-positioned for a potential earnings beat in its upcoming quarterly report.
Why It Matters
Illinois Tool Works demonstrates strong earnings potential, indicating possible upward movement in stock price, which can attract investor interest and influence market sentiment.
Source: Zacks Investment Research
Market Sentiment:
Positive
Quick Summary
Illinois Tool Works has a highly diversified product line and does not focus on any specific industry, indicating a broad market presence.
Why It Matters
Illinois Tool Works' diversification reduces risk and volatility, making it a stable investment option amid economic fluctuations, appealing to risk-averse investors.
Source: The Motley Fool
Market Sentiment:
Neutral
Illinois Tool Works Delivers 63rd Straight Dividend Hike, Nearly Tripling Payouts Since 2016
12 days ago
Quick Summary
Illinois Tool Works (NYSE: ITW) declared a quarterly dividend of $1.61 per share on April 9, 2026, maintaining a notable dividend streak among industrial companies.
Why It Matters
Illinois Tool Works' consistent dividend indicates strong financial health and stability, appealing to income-focused investors and reflecting reliable cash flow management.
Source: 24/7 Wall Street
Market Sentiment:
Neutral
Quick Summary
In 2026, a cyclical bounce in the industrial sector was noted. Illinois Tool Works' earnings prospects are affected by the Persian Gulf conflict.
Why It Matters
A cyclical rebound in the industrial sector can boost Illinois Tool Works' earnings, while Gulf conflict poses risks that could affect profitability and market stability.
Source: The Motley Fool
Market Sentiment:
Negative
Quick Summary
Illinois Tool Works Inc. (NYSE: ITW) will release its Q1 2026 financial results on April 30, 2026, at 7:00 a.m.
Why It Matters
Illinois Tool Works' upcoming Q1 2026 results announcement could impact its stock performance, affecting investor sentiment and market valuation.
Source: GlobeNewsWire
Market Sentiment:
Neutral
Quick Summary
The industrial sector features many dividend-paying companies, which benefit from reliable cash flows to consistently reward shareholders.
Why It Matters
Dividend-paying companies in the industrial sector signal stable cash flows, attracting investors seeking income and reducing perceived risk in their portfolios.
Source: The Motley Fool
Market Sentiment:
Positive
Frequently Asked Questions About ITW Stock
What is Illinois Tool Works Inc.'s (ITW) stock forecast for 2026?
Based on our analysis of 27 Wall Street analysts, Illinois Tool Works Inc. (ITW) has a median price target of $280.50. The highest price target is $310.00 and the lowest is $219.00.
Is ITW stock a good investment in 2026?
According to current analyst ratings, ITW has 2 Buy ratings, 10 Hold ratings, and 6 Sell ratings. The stock is currently trading at $271.05. Always conduct your own research and consider your investment goals before making investment decisions.
What is the long-term price prediction for ITW stock?
Wall Street analysts predict ITW stock could reach $280.50 in the next 12 months. This represents a 3.5% increase from the current price of $271.05. Please note that this is a projection by Wall Street analysts and not a guarantee.
What is Illinois Tool Works Inc.'s business model?
The company operates through seven segments, each focusing on specific industrial solutions such as fasteners, welding equipment, adhesives, and food equipment. It generates revenue by providing a wide range of products to various sectors, including food service and construction, leveraging its decentralized business units to cater to customer needs effectively.
What is the highest forecasted price for ITW Illinois Tool Works Inc.?
The highest price target for ITW is $310.00 from at , which represents a 14.4% increase from the current price of $271.05.
What is the lowest forecasted price for ITW Illinois Tool Works Inc.?
The lowest price target for ITW is $219.00 from at , which represents a -19.2% decrease from the current price of $271.05.
What is the overall ITW consensus from analysts for Illinois Tool Works Inc.?
The overall analyst consensus for ITW is neutral. Out of 27 Wall Street analysts, 2 rate it as Buy, 10 as Hold, and 6 as Sell, with a median price target of $280.50.
How accurate are ITW stock price projections?
Stock price projections, including those for Illinois Tool Works Inc., are based on various factors including financial models, market conditions, and analyst forecasts. While these predictions provide valuable insights, they should be considered alongside your own research and risk tolerance.
Important Disclaimer
The information provided by Ticker Nerd is for educational and informational purposes only. It should not be considered financial or investment advice. Past performance is not indicative of future results. Always conduct your own research and consult with a qualified financial advisor before making any investment decisions. Analyst ratings and price forecasts are sourced from Wall St analysts and other experts. These projections are speculative and do not guarantee future stock performance.
Last updated: April 22, 2026 10:33 AM UTC