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

Last close, 8 Oct 2026
$265
+1.36% on the day

The 16 Wall Street analysts covering Illinois Tool Works Inc. hold a median 12-month price target of $300 — +13.3% from the last close. Ticker Nerd's systematic factor model, run across ~4,600 US stocks, ranks it 72 of 100 as at 8 Oct 2026 — in the upper half. Here, the model and the Street point the same way.

Market cap
$76.1B
Ticker Nerd rank
72 / 100
Median analyst target
$300
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
+1.5%
1M
−0.8%
YTD
+9.5%
1Y
+7.4%
From 52W high
−10.4%
From 52W low
+12.6%
$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 8 Oct 2026
72 / 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
99
Quality
96
Revisions
90
Momentum
59
Value
59
Issuance
55
Growth
47
Accruals
41
Size
4

Volatility (99): The share price has been relatively steady.

Accruals (41): A large share of reported profit has not shown up as cash, or the balance sheet is expanding quickly — both tend to unwind.

Size (4): Larger than most of the companies we track — more scrutinised, less often mispriced.

Built and run by Aslam Ghouse, an ex-Goldman Sachs quant trader with fourteen 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
$220$240$260$280$300$320$340$360Jan 26Apr 26Jul 26Oct 26ITWHigh $350Median $300Low $249

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
2 Buy11 Hold3 Sell
Low $249Median $300High $350

The green dot is the last close — the median target sits +13.3% from it.

Recent analyst actionsNewest first

Of the 20 most recent actions, 4 moved their price target up and 0 moved it down.

DateFirmActionRatingTarget
11 Aug 2026Evercore ISI GroupMaintainsUnderperform$272 → $309
29 July 2026BairdMaintainsNeutral—
29 July 2026BairdMaintainsNeutral$278 → $297
29 July 2026JP MorganMaintainsOverweight—
29 July 2026JP MorganMaintainsOverweight$310 → $350
13 July 2026JP MorganMaintainsOverweight$295 → $310
13 July 2026JP MorganMaintainsOverweight—
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—
4 Feb 2026Wells FargoMaintainsUnderweight—
7 Jan 2026Wells FargoMaintainsUnderweight—
16 Dec 2025Goldman SachsDowngradeSell—

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.

Computed off the Friday close and sent before the US open.

Market Radar reports the week’s largest rank changes across roughly 4,600 US stocks, the factor behind each one, and where the market went. ITW appears on the weeks it earns a place.

Free, every Monday. Unsubscribe any time.

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 8 Oct 2026, Illinois Tool Works Inc. returned +7.4% against +16.2% for the S&P 500, dividends included.

ITW vs S&P 500, last 12 monthsTotal return, rebased to 100
95100105110115120Jan 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
+1.1%
Analysts raising
10
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
24.2×

Cheaper than 31% of US stocks

Price / sales
4.6×

Cheaper than 26% of US stocks

Price / book
26.3×

Cheaper than 4% of US stocks

EV / EBITDA
17.7×

Cheaper than 18% of US stocks

Growth & margins
Revenue growth (YoY)
6.1%

Higher than 42% of US stocks

Earnings growth (YoY)
7.9%

Higher than 45% of US stocks

Gross margin
44.1%

Higher than 55% of US stocks

Operating margin
26.9%

Higher than 85% of US stocks

Net margin
19.4%

Higher than 82% of US stocks

Returns & dividend
Return on equity
104.6%

Higher than 96% of US stocks

Return on assets
16.9%

Higher than 98% of US stocks

Dividend yield
2.6%

Higher than 83% 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 $76.1B and an enterprise value of $84.9B.

  • Revenue in the twelve months to 30 June 2026: $16.5B. The latest quarter grew 6.1% 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: 24.2×; forward P/E: 21.6× — the forward figure prices analyst consensus estimates, not reported earnings.

  • Forward dividend yield: 2.59%, 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 8 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.$76.1B
72
CMICummins, Inc.$71.9B
75
EMREmerson Electric Co.$89.4B
74
AMEAMETEK, Inc.$57.0B
77
PHParker-Hannifin Corp.$119.5B
84
ROKRockwell Automation, Inc.$48.7B
90
ETNEaton Corp. Plc$164.7B
71

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

3 Low-Rated Stocks Analysts May Be Underestimating Ahead of Q3 Earnings

MarketBeat · 6 Oct 2026neutral

MarketBeat’s headline frames three low-rated stocks as potentially underestimated ahead of Q3 earnings. The excerpt notes that analyst ratings are commonly used to identify stocks to buy or sell, while emphasizing the psychology behind those ratings.

Why it matters — The item discusses how analyst ratings may be interpreted ahead of earnings, a consideration for ITW watchers, though the excerpt does not identify ITW as one of the stocks.

Dividend Champion, Contender, And Challenger Highlights: Week October 4

Seeking Alpha · 2 Oct 2026neutral

A weekly summary of dividend activity for Dividend Champions, Contenders, and Challengers, including companies that changed their dividends and those with upcoming ex-dividend dates.

Why it matters — ITW watchers can track whether the company's dividend status or ex-dividend dates appear among the ranked dividend lists.

Illinois Tool Works (ITW) Upgraded to Buy: Here's Why

Zacks Investment Research · 29 Sept 2026positive

Zacks Investment Research upgraded Illinois Tool Works (ITW) to a Zacks Rank #2 (Buy), citing growing optimism about the company's earnings prospects. The upgrade reflects a potentially more favorable outlook for ITW's performance.

Why it matters — A buy-rank upgrade from Zacks signals improved analyst sentiment on ITW's earnings outlook, which ITW watchers may view as an indicator of strengthening prospects.

The Dividend Kings Ranked By Quality Scores (September 2026)

Seeking Alpha · 18 Sept 2026neutral

Seeking Alpha published its September 2026 ranking of Dividend Kings using 9F Quality Scores, which blends qualitative and quantitative factors to assess the long-dividend-increase companies. The article highlights ADP as the top total-return candidate among the group.

Why it matters — ITW, being a Dividend King, is part of this quality-score ranking, giving watchers a comparative view of its standing among other companies with 50+ years of consecutive dividend increases.

Illinois Tool Works: Consistent Execution Leads To Organic Growth

Seeking Alpha · 14 Sept 2026positive

Seeking Alpha highlights Illinois Tool Works as a global industrial conglomerate with strong organic growth, high operating margins, and disciplined capital allocation. The company, a Dividend King with a 59-year increase streak, guides for 4-5% revenue and 7-11% EPS growth in 2026 supported by innovation, price increases, and bolt-on acquisitions.

Why it matters — ITW watchers would care because the article underscores the company's consistent execution, durable dividend record, and management's growth outlook for 2026.

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 $300, with estimates ranging from $249 to $350. 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., 2 rate it a Buy, 11 a Hold and 3 a Sell. Ticker Nerd's systematic factor model ranks Illinois Tool Works Inc. 72 out of 100 across roughly 4,600 US stocks as at 8 Oct 2026. None of this is personal advice — it does not consider your circumstances.

How does Ticker Nerd's model rank ITW?

As at 8 Oct 2026, Illinois Tool Works Inc. ranks 72 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 (99 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 +13.3% from the last close, and Ticker Nerd's factor model ranks Illinois Tool Works Inc. 72 out of 100 as at 8 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: $249 to $350 over the next 12 months.

How has ITW stock performed over the past year?

Illinois Tool Works Inc. returned +7.4% over the 12 months to 8 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 (MarketBeat, 6 Oct 2026): "3 Low-Rated Stocks Analysts May Be Underestimating Ahead of Q3 Earnings". MarketBeat’s headline frames three low-rated stocks as potentially underestimated ahead of Q3 earnings. The excerpt notes that analyst ratings are commonly used to identify stocks to buy or sell, while emphasizing the psychology behind those ratings.

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