TICKERNERD
Menu
ITWITWIndustrials · Specialty Industrial Machinery

ITW Stock Forecast: Illinois Tool Works Inc. Price Predictions for 2026-2027

Last close, 28 Oct 2026
$276
+0.05% on the day

The 16 Wall Street analysts covering Illinois Tool Works Inc. hold a median 12-month price target of $299 — +8.1% from the last close. Ticker Nerd's systematic factor model, run across ~4,600 US stocks, ranks it 76 of 100 as at 28 Oct 2026 — inside the top quartile. Here, the model and the Street point the same way.

Market cap
$78.6B
Ticker Nerd rank
76/ 100
Median analyst target
$299
Analysts covering
16
Revenue$4.3B+6.1% y/y
Operating income$1.1B
Net income$815.0M
Free cash flow$631.0M
Quarterly, 8 quarters to 30 June 2026 · latest quarter's figure shown
Total return, dividends reinvested
1W
−0.3%
1M
+1.5%
YTD
+14.2%
1Y
+15.1%
From 52W high
−6.5%
From 52W low
+17.4%
$235
$295
52-week range, adjusted closes · the dot is the last close
Ticker Nerd rank

ITW stock analysis: one number for the whole business

Consensus tells you what everyone already believes. The model scores Illinois Tool Works Inc. on its factor families — the same systematic rank behind the Ticker Nerd portfolio.

Where the model ranks itAs at 28 Oct 2026
76/ 100

Percentile across ~4,600 US stocks on Ticker Nerd’s systematic factor model. Higher is better. How the model is built and tested

Volatility
100
Quality
95
Revisions
84
Momentum
70
Issuance
60
Value
57
Growth
53
Accruals
40
Size
3

Volatility (100): The share price has been relatively steady.

Accruals (40): A large share of reported profit has not shown up as cash, or the balance sheet is expanding quickly — both tend to unwind.

Size (3): Larger than most of the companies we track — more scrutinised, less often mispriced.

Built and run by Aslam Ghouse, an ex-Goldman Sachs systematic trader with 15+ years in markets.

Wall Street

ITW stock forecast 2026-2027: analyst price targets & predictions

The bullish and bearish analyst opinions on ITW, reported as data — targets and ratings, the market's view beside the model's.

Share price and the analyst range, 12 monthsAdjusted close, US dollars
$240$260$280$300$320$340Jan 26Apr 26Jul 26Oct 26ITWHigh $326Median $299Low $253

Price targets and ratings are third-party analyst estimates, reported here as data. They are not Ticker Nerd forecasts, and they are frequently wrong.

Data provided by Twelve Data

What Wall Street says16 analysts
1 Buy12 Hold3 Sell
Low $253Median $299High $326

The green dot is the last close — the median target sits +8.1% from it.

Recent analyst actionsNewest first

Of the 20 most recent actions, 4 moved their price target up and 2 moved it down.

DateFirmActionRatingTarget
9 Oct 2026JP MorganDowngradeNeutral$350 → $277
5 Oct 2026Truist SecuritiesMaintainsHold$308 → $297
11 Aug 2026Evercore ISI GroupMaintainsUnderperform—
11 Aug 2026Evercore ISI GroupMaintainsUnderperform$272 → $309
29 July 2026BairdMaintainsNeutral—
29 July 2026BairdMaintainsNeutral$278 → $297
29 July 2026JP MorganMaintainsOverweight$310 → $350
29 July 2026JP MorganMaintainsOverweight—
13 July 2026JP MorganMaintainsOverweight—
13 July 2026JP MorganMaintainsOverweight$295 → $310
2 July 2026Truist SecuritiesMaintainsHold—
4 May 2026CitigroupMaintainsNeutral—
4 May 2026Wells FargoMaintainsUnderweight—
1 May 2026JP MorganMaintainsOverweight—
10 Apr 2026JP MorganMaintainsOverweight—
1 Apr 2026BarclaysMaintainsUnderweight—
1 Apr 2026Wells FargoMaintainsUnderweight—
23 Feb 2026Evercore ISI GroupMaintainsUnderperform—
9 Feb 2026BarclaysMaintainsUnderweight—
4 Feb 2026CitigroupMaintainsNeutral—

Price targets and ratings are third-party analyst estimates, reported here as data. They are not Ticker Nerd forecasts, and they are frequently wrong.

Market Radar

This page is one stock. Monday covers all of them.

ITW appears in the Radar on the weeks it earns a place.

  • Market Radar, every Monday: the week's biggest rank moves across ~4,600 US stocks, and the reason for each.
  • The AI build-out map, free: every AI company we track, part by part, and one part in full with each verdict.

Free. Unsubscribe any time.

The AI build-out map
PDF

  • AI cloud capacity

    MSFTAMZNGOOGLORCL

  • AI chips

    NVDAAVGOAMDMU

  • AI networking and serversIn full

    ANETDELLLITECRDO

  • Data centre power

    VRTCEGGEVVST

Performance

ITW vs the S&P 500

Both lines are total return — dividends reinvested — so the comparison is honest on both sides.

Over the twelve months to 28 Oct 2026, Illinois Tool Works Inc. returned +15.1% against +13.6% for the S&P 500, dividends included.

ITW vs S&P 500, last 12 monthsTotal return, rebased to 100
9095100105110115120125Jan 26Apr 26Jul 26Oct 26ITWS&P 500

Download this chart as an image — free to reuse; link this page as the source.

Data provided by Twelve Data

Estimates

ITW analyst estimate revisions

Not the forecast itself — the direction analysts are revising it. Revision direction is one of the model's factor families.

Which way the estimates are movingNext fiscal year
EPS revision, 90 days
+0.8%
Analysts raising
2
Analysts cutting
2
Fundamentals

Illinois Tool Works Inc. (ITW) financial data

A margin means little on its own. Each bar marks where the figure sits across the whole US universe we score.

Valuation
Trailing P/E
24.6×

Cheaper than 31% of US stocks

Price / sales
4.7×

Cheaper than 25% of US stocks

Price / book
25.0×

Cheaper than 4% of US stocks

EV / EBITDA
17.9×

Cheaper than 17% of US stocks

Growth & margins
Revenue growth (YoY)
4.4%

Higher than 38% of US stocks

Earnings growth (YoY)
4.1%

Higher than 41% of US stocks

Gross margin
44.1%

Higher than 55% of US stocks

Operating margin
27.8%

Higher than 86% of US stocks

Net margin
19.4%

Higher than 82% of US stocks

Returns & dividend
Return on equity
101.7%

Higher than 96% of US stocks

Return on assets
17.1%

Higher than 98% of US stocks

Dividend yield
2.5%

Higher than 82% of US dividend payers

Bars mark the percentile across the ~4,600 US stocks Ticker Nerd covers, among those reporting the figure.

Key statistics

Illinois Tool Works Inc. (ITW) statistics: revenue, profit & scale

The headline figures, each with its date. Every row carries its own link — cite it straight from here.

  • Illinois Tool Works Inc. has a market value of $78.6B and an enterprise value of $87.1B.

  • Revenue in the twelve months to 30 June 2026: $16.5B. The latest quarter grew 4.4% year on year.

  • Net income over the same four quarters: $3.2B, a 19.4% net margin.

  • Diluted earnings per share, trailing twelve months: $11.03.

  • Free cash flow in the twelve months to 30 June 2026: $2.9B.

  • Illinois Tool Works Inc. spent $1.9B on share buybacks and $1.8B on dividends in the twelve months to 30 June 2026.

  • Shares outstanding: 284.8M.

  • Trailing P/E: 24.6×; forward P/E: 22.4× — the forward figure prices analyst consensus estimates, not reported earnings.

  • Forward dividend yield: 2.50%, paying out 58% of earnings.

  • Illinois Tool Works Inc. employs 43,000 people — $383K of revenue per employee.

Statement figures: company filings via Twelve Data, four quarters to 30 June 2026 · market figures as at 29 Oct 2026

Data provided by Twelve Data

Peers

ITW vs competitors

The nearest names by industry and size, scored by the same model — like for like.

Its peer group, ranked by the same modelSpecialty Industrial Machinery
CompanyMarket capTKN rank
ITWIllinois Tool Works Inc.$78.6B76
CMICummins, Inc.$73.4B70
EMREmerson Electric Co.$94.3B76
AMEAMETEK, Inc.$57.1B75
PHParker-Hannifin Corp.$115.1B85
ROKRockwell Automation, Inc.$49.8B89
ETNEaton Corp. Plc$152.4B70

Look up any of the roughly 4,600 stocks we score.

The rank is the raw material. Whether the rules would actually own Illinois Tool Works Inc. — and when they’d sell — is the membership. See the Ticker Nerd 20 →

News

Latest ITW news & analysis

Illinois Tool Works Has Raised Its Dividend for 63 Years. These 3 Industrial Stocks Are Worth Watching

24/7 Wall Street · 29 Oct 2026positive

The headline reports that Illinois Tool Works has raised its dividend for 63 consecutive years. The article also highlights three other industrial stocks as candidates for consideration in retirement portfolios.

Why it matters — The report underscores ITW’s long record of dividend increases, a key point for investors tracking the company’s shareholder returns.

Illinois Tool Works: 3 Key Takeaways for Long-Term Investors

The Motley Fool · 28 Oct 2026positive

Illinois Tool Works reported 4% organic revenue growth in the third quarter of 2026. Electronics organic revenue grew 31%, driven by semiconductor demand, according to the excerpt.

Why it matters — The figures highlight overall organic growth and stronger performance in ITW’s electronics business for investors tracking the company.

Illinois Tool Works: Shares Don't Justify An Upgrade Even With Continued Growth

Seeking Alpha · 28 Oct 2026positive

Illinois Tool Works reported Q3 2026 revenue below expectations but EPS above consensus, and raised full-year EPS guidance to $11.45–$11.55. Segment results were mixed, with declines in Automotive OEM and Specialty Products offset by outperformance in several other segments.

Why it matters — The higher earnings guidance signals management confidence in continued profit expansion despite revenue and segment-level headwinds.

Illinois Tool Works Q3 Earnings Call Highlights

MarketBeat · 27 Oct 2026positive

Illinois Tool Works reported third-quarter results featuring accelerating demand in several capital-expenditure-related businesses, higher operating margins and increased full-year earnings guidance. A tornado disrupted two Welding facilities.

Why it matters — The results and updated earnings guidance provide ITW watchers with information on demand, margins and operational disruption.

Illinois Tool Works Inc. (ITW) Q3 2026 Earnings Call Transcript

Seeking Alpha · 27 Oct 2026neutral

Seeking Alpha published a transcript of Illinois Tool Works Inc.’s Q3 2026 earnings call, held October 27, 2026. The excerpt lists company representatives and call participants but provides no discussion of results or business updates.

Why it matters — The transcript may be relevant to ITW watchers seeking management commentary, but the provided excerpt contains no substantive commentary to summarize.

FAQ

Frequently asked questions about ITW stock

What is the ITW stock price forecast for 2026-2027?

The 16 Wall Street analysts covering Illinois Tool Works Inc. have a median 12-month price target of $299, with estimates ranging from $253 to $326. These are third-party analyst estimates, not Ticker Nerd forecasts, and they are frequently wrong.

Is ITW stock a buy right now?

Of the 16 analysts covering Illinois Tool Works Inc., 1 rate it a Buy, 12 a Hold and 3 a Sell. Ticker Nerd's systematic factor model ranks Illinois Tool Works Inc. 76 out of 100 across roughly 4,600 US stocks as at 28 Oct 2026. None of this is personal advice — it does not consider your circumstances.

How does Ticker Nerd's model rank ITW?

As at 28 Oct 2026, Illinois Tool Works Inc. ranks 76 out of 100 on Ticker Nerd's systematic factor model — a percentile across roughly 4,600 US stocks, built from its factor families. Its strongest factor family is Volatility (100 of 100).

Will ITW stock go up?

No one can know that. What the data says: the median 12-month target from 16 analysts implies +8.1% from the last close, and Ticker Nerd's factor model ranks Illinois Tool Works Inc. 76 out of 100 as at 28 Oct 2026. Analyst targets are third-party estimates and frequently wrong; none of this is personal advice.

What is the ITW stock forecast for 2030?

No analyst covering Illinois Tool Works Inc. publishes a 2030 price target — Wall Street targets run 12 to 18 months out. Sites quoting a 2030 price for ITW are extrapolating price history, which says nothing about the business. The furthest attributed numbers are the current analyst targets: $253 to $326 over the next 12 months.

How has ITW stock performed over the past year?

Illinois Tool Works Inc. returned +15.1% over the 12 months to 28 Oct 2026, with dividends reinvested. Past performance does not indicate future returns.

What does Illinois Tool Works Inc. do?

Illinois Tool Works Inc. is a diversified industrial manufacturing company that produces specialized equipment, components, consumables, and related solutions for business customers worldwide.

What is the latest news on ITW?

The most recent item we track (24/7 Wall Street, 29 Oct 2026): "Illinois Tool Works Has Raised Its Dividend for 63 Years. These 3 Industrial Stocks Are Worth Watching". The headline reports that Illinois Tool Works has raised its dividend for 63 consecutive years. The article also highlights three other industrial stocks as candidates for consideration in retirement portfolios.

Company

About Illinois Tool Works Inc.

Illinois Tool Works Inc. is a diversified industrial manufacturing company that produces specialized equipment, components, consumables, and related solutions for business customers worldwide. Illinois Tool Works Inc. serves a broad range of end markets through seven operating segments, including automotive equipment, food equipment, welding, polymers and fluids, construction products, specialty products, and test and measurement and electronics. Its portfolio supports applications across manufacturing, construction, transportation, food service, and industrial processing, making it a key supplier of mission-critical products used in everyday production and assembly environments. The company focuses on engineered products that are often designed to integrate into customers’ workflows, helping support efficiency, reliability, and consistent performance in industrial operations. Headquartered in Glenview, Illinois, Illinois Tool Works Inc. plays an important role in the global industrial sector through its broad product range and diversified market presence.

CEO Mr. Christopher A. O'Herlihy · 43,000 employees · United States · https://www.itw.com