276.04
price down icon0.17%   -0.47
 
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Illinois Tool Works Inc Stock (ITW) Forecast

The Illinois Tool Works Inc (ITW) stock price forecast for the next 30 days is generally negative, with an average analyst price target of $268.69, representing a -2.66% decrease from the current price of $276.04. The highest analyst price target is $272.32, and the lowest is $265.06.

Note: Our forecast model does not currently account for dividend and stock split events. This means that our forecast may not be accurate for stocks that have recently experienced either of these events.

Disclaimer: The information on this page is not intended to be financial advice. It is for general information only and should not be used to make any investment decisions. Please consult with a professional financial advisor before making any investment decisions.
12-Month ITW Price Target
Average 261.27 (-5.35% Downside)
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Is Illinois Tool Works Inc (ITW) A Buy Now?

Oscillators
Name Value Action
RSI(14) 64.20 Neutral
STOCH(9,6) 70.09 Neutral
STOCHRSI(14) 74.85 Neutral
MACD(12,26) 3.589 Buy
ADX(14) 23.80 Neutral
William %R -20.85 Neutral
CCI(14) 136.27 Buy
Buy: 2 Sell: 0 Neutral: 5
Summary: Neutral
Moving Averages
Period Simple Exponential
MA10
271.61
Buy
272.74
Buy
MA20
270.47
Buy
270.01
Buy
MA50
263.51
Buy
263.81
Buy
MA100
254.44
Buy
258.08
Buy
MA200
252.71
Buy
253.00
Buy
Buy: 10 Sell: 0 Neutral: 0
Summary: Buy
According to our latest analysis, ITW could be considered a Strong Buy, with 17 technical analysis indicators signaling 12 Buy signals, 0 signaling Sell signals and 5 Neutral signals. This might be a good time to open fresh positions on ITW, as trading bullish markets is always a lot easier
  1. RSI (Relative Strength Index): The RSI(14) value of 64.2 indicates that ITW is neither overbought nor oversold. It suggests a neutral sentiment in the short term.
  2. STOCH (Stochastic Oscillator): The STOCH value of 70.09 indicates that ITW is neither overbought nor oversold. It indicates a balanced market sentiment without any extreme buying or selling pressure.
  3. STOCHRSI (Stochastic Relative Strength Index): The STOCHRSI value of 74.85 indicates that ITW is neither overbought nor oversold. It indicates a balanced market sentiment without any extreme buying or selling pressure.
  4. ADX (Average Directional Index): The ADX value of The ADX value of 23.8 suggests that there may be some movement in price, but it lacks strength or conviction.
  5. CCI (Commodity Channel Index): A CCI(14) value of A CCI(14) value of 136.27 indicates that ITW is overbought. This means that the price has moved significantly higher than its average, indicating a potential selling opportunity.

Long-term ITW price forecast for 2025, 2030, 2035, 2040, 2045 and 2050

Based on our analysis about Illinois Tool Works Inc financial reports and earnings history, Illinois Tool Works Inc (ITW) stock could reach $336.77 by 2030, $639.44 by 2040 and $815.94 by 2050. See the projected annual prices until 2050 of the Illinois Tool Works Inc stock below:

  • Illinois Tool Works Inc (ITW) is expected to reach an average price of $518.16 in 2035, with a high prediction of $519.03 and a low estimate of $496.68. This indicates an $87.71% rise from the last recorded price of $276.04.
  • Illinois Tool Works Inc (ITW) stock is projected to chart a bullish course in 2040, with an average price target of $637.94, representing an $131.10% surge from its current level. The forecast ranges from a conservative $620.38 to a sky-high $639.44.
  • Our analysts predict Illinois Tool Works Inc (ITW) to jump 150.51% by 2045, soaring from $683.65 to an average price of $691.52, potentially reaching $711.26. While $683.65 is the low estimate, the potential upside is significant.
  • Illinois Tool Works Inc (ITW) stock is expected to climb by 2050, reaching an average of $812.60, a $194.38% jump from its current level. However, a wide range of estimates exists, with high and low targets of $815.94 and $802.16, respectively, highlighting the market's uncertainty.

Illinois Tool Works Inc Stock (ITW) Year by Year Forecast

Illinois Tool Works Inc Stock (ITW) Price Forecast for 2024

Our forecast for ITW stock price in 2024 now indicates an average price target of $251.01 with a high forecast of $274.54 and a low forecast of $227.47. The average prediction reflects an decrease of -9.07% from the last recorded price of $276.04.
Month Average Low High Change from today's price
December, 2024 $270.48 $265.06 $272.32 -2.01%

Illinois Tool Works Inc Stock (ITW) Price Forecast for 2025

Illinois Tool Works Inc Stock (ITW) is expected to reach an average price of $264.27 in 2025, with a high prediction of $313.47 and a low estimate of $215.06. This indicates an -4.27% fall from the last recorded price of $276.04.
Month Average Low High Change from today's price
January, 2025 $275.93 $269.65 $278.87 -0.04%
February, 2025 $273.41 $268.03 $278.15 -0.95%
March, 2025 $261.41 $260.75 $288.98 -5.30%
April, 2025 $241.12 $215.06 $276.01 -12.65%
May, 2025 $254.97 $232.76 $263.85 -7.63%
June, 2025 $256.34 $249.35 $271.05 -7.14%
July, 2025 $272.41 $261.93 $285.94 -1.31%
August, 2025 $276.39 $268.19 $280.62 +0.13%
September, 2025 $293.59 $276.75 $293.75 +6.36%
October, 2025 $297.85 $293.79 $306.63 +7.90%
November, 2025 $297.88 $293.64 $307.49 +7.91%
December, 2025 $301.45 $292.99 $313.47 +9.21%

Illinois Tool Works Inc Stock (ITW) Price Forecast for 2026

The predicted value for Illinois Tool Works Inc (ITW) in 2026 is set at an average of $327.03. Estimates vary from a peak of $353.07 to a trough of $301.00, indicating an +18.47% surge from the present price of $276.04.
Month Average Low High Change from today's price
January, 2026 $318.53 $303.72 $330.63 +15.39%
February, 2026 $310.90 $306.53 $320.76 +12.63%
March, 2026 $310.94 $305.47 $319.47 +12.64%
April, 2026 $310.05 $301.00 $315.90 +12.32%
May, 2026 $328.07 $308.14 $333.02 +18.85%
June, 2026 $332.79 $325.54 $338.51 +20.56%
July, 2026 $349.50 $329.81 $353.07 +26.61%
August, 2026 $344.48 $338.72 $349.44 +24.79%
September, 2026 $340.01 $331.03 $345.07 +23.18%
October, 2026 $341.11 $334.68 $344.26 +23.57%
November, 2026 $346.94 $339.57 $349.29 +25.69%
December, 2026 $321.57 $321.56 $347.24 +16.49%

Illinois Tool Works Inc Stock (ITW) Price Forecast for 2027

For 2027, Stockscan's Analyst expects the average price target for Illinois Tool Works Inc (ITW) is $332.44, with a high forecast of $367.69 and a low forecast of $297.19. This indicates an +20.43% increase from the last price of $276.04.
Month Average Low High Change from today's price
January, 2027 $340.26 $319.18 $342.26 +23.26%
February, 2027 $358.37 $334.60 $360.17 +29.83%
March, 2027 $355.52 $347.75 $363.96 +28.79%
April, 2027 $361.90 $349.88 $367.69 +31.11%
May, 2027 $347.71 $343.63 $365.79 +25.96%
June, 2027 $331.82 $328.63 $349.19 +20.21%
July, 2027 $329.82 $322.67 $340.72 +19.48%
August, 2027 $324.49 $316.39 $331.73 +17.55%
September, 2027 $328.78 $317.29 $335.34 +19.11%
October, 2027 $301.02 $300.10 $333.01 +9.05%
November, 2027 $305.76 $300.52 $312.69 +10.77%
December, 2027 $341.86 $297.19 $342.00 +23.84%

Illinois Tool Works Inc Stock (ITW) Price Forecast for 2028

In 2028, Illinois Tool Works Inc (ITW) is projected to reach an average price of $345.66, with a high projection of $385.20 and a low estimate of $306.12. This indicates an +25.22% rise from the last price of $276.04.
Month Average Low High Change from today's price
January, 2028 $320.52 $318.18 $342.48 +16.11%
February, 2028 $306.50 $306.12 $334.81 +11.03%
March, 2028 $340.28 $306.67 $341.52 +23.27%
April, 2028 $356.44 $332.97 $358.23 +29.13%
May, 2028 $350.35 $342.86 $359.89 +26.92%
June, 2028 $355.38 $346.59 $364.24 +28.74%
July, 2028 $365.35 $353.40 $383.02 +32.35%
August, 2028 $361.00 $360.24 $371.61 +30.78%
September, 2028 $359.16 $354.79 $376.53 +30.11%
October, 2028 $362.49 $357.11 $379.27 +31.32%
November, 2028 $362.27 $350.15 $365.10 +31.24%
December, 2028 $383.97 $356.82 $385.20 +39.10%

Illinois Tool Works Inc Stock (ITW) Price Forecast for 2029

The 2029 price forecast for Illinois Tool Works Inc Stock (ITW) is $370.56 on average, with a high prediction of $412.92 and a low estimate of $328.19. This represents an +34.24% increase from the previous price of $276.04.
Month Average Low High Change from today's price
January, 2029 $398.03 $375.08 $398.90 +44.19%
February, 2029 $376.01 $369.56 $391.35 +36.21%
March, 2029 $374.47 $372.10 $385.81 +35.66%
April, 2029 $368.39 $363.52 $377.48 +33.45%
May, 2029 $370.28 $354.75 $375.18 +34.14%
June, 2029 $383.75 $369.18 $384.08 +39.02%
July, 2029 $401.18 $381.78 $404.24 +45.33%
August, 2029 $401.04 $389.80 $407.26 +45.28%
September, 2029 $401.00 $389.56 $401.85 +45.27%
October, 2029 $410.43 $395.42 $412.92 +48.69%
November, 2029 $392.96 $390.58 $411.64 +42.35%
December, 2029 $332.28 $328.19 $395.39 +20.37%

Illinois Tool Works Inc Stock (ITW) Price Forecast for 2030

Illinois Tool Works Inc Stock (ITW) is expected to reach an average price of $350.63 in 2030, with a high forecast of $387.14 and a low forecast of $314.12. This signifies an +27.02% surge from the last price of $276.04.
Month Average Low High Change from today's price
January, 2030 $331.21 $318.03 $336.77 +19.99%
February, 2030 $334.67 $327.09 $335.95 +21.24%
March, 2030 $336.72 $331.24 $344.78 +21.98%
April, 2030 $335.83 $329.29 $340.52 +21.66%
May, 2030 $344.52 $331.04 $348.97 +24.81%
June, 2030 $361.30 $334.76 $361.34 +30.89%
July, 2030 $364.46 $355.68 $369.80 +32.03%
August, 2030 $372.54 $361.04 $373.15 +34.96%
September, 2030 $372.42 $370.34 $375.39 +34.91%
October, 2030 $383.34 $365.64 $385.64 +38.87%
November, 2030 $347.71 $338.79 $387.14 +25.97%
December, 2030 $337.94 $314.12 $363.03 +22.43%
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Cap:     |  Volume (24h):