Scotia Has Lowered Expectations for Thomson Reuters (NASDAQ:TRI) Stock Price

Key Points

• Scotia lowered Thomson Reuters’ price target from $138 to $135 but maintained its “sector outperform” rating, implying approximately 35.7% upside from the cited closing price.
• Thomson Reuters beat quarterly expectations with adjusted EPS of $0.99 and revenue of $1.93 billion, while revenue grew 9.5% year over year. Management also raised its 2026 revenue-growth outlook and highlighted its AI rollout as a key growth priority.
• Analyst sentiment remains positive overall, with MarketBeat reporting a “Moderate Buy” consensus rating and an average price target of $142.83, despite some firms issuing lower targets or neutral-to-sell ratings.

Thomson Reuters (NASDAQ:TRI - Get Free Report) had its price objective cut by investment analysts at Scotia from $138.00 to $135.00 in a report released on Thursday,BayStreet.CA reports. The brokerage currently has a "sector outperform" rating on the stock. Scotia's price target would suggest a potential upside of 35.69% from the stock's previous close.

Several other equities research analysts also recently weighed in on TRI. Royal Bank Of Canada raised their price target on Thomson Reuters from $121.00 to $124.00 and gave the stock an "outperform" rating in a report on Thursday. Bank of America cut their price objective on shares of Thomson Reuters from $115.00 to $98.00 and set a "neutral" rating on the stock in a report on Tuesday, May 19th. Argus assumed coverage on shares of Thomson Reuters in a research report on Wednesday, April 22nd. They issued a "hold" rating for the company. Wells Fargo & Company set a $85.00 target price on shares of Thomson Reuters and gave the stock an "equal weight" rating in a research note on Tuesday, June 30th. Finally, Weiss Ratings lowered shares of Thomson Reuters from a "hold (c-)" rating to a "sell (d+)" rating in a research note on Tuesday, June 23rd. One analyst has rated the stock with a Strong Buy rating, ten have issued a Buy rating, five have issued a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat.com, Thomson Reuters currently has an average rating of "Moderate Buy" and an average target price of $142.83.

Thomson Reuters Stock Up 0.9%

Shares of TRI stock traded up $0.89 during trading hours on Thursday, reaching $99.50. 1,412,187 shares of the company's stock were exchanged, compared to its average volume of 2,366,079. The stock's 50 day moving average is $88.60 and its 200-day moving average is $93.46. The company has a market cap of $43.34 billion, a price-to-earnings ratio of 28.93, a P/E/G ratio of 1.62 and a beta of 0.75. The company has a current ratio of 0.60, a quick ratio of 0.60 and a debt-to-equity ratio of 0.11. Thomson Reuters has a fifty-two week low of $76.28 and a fifty-two week high of $182.98.

Thomson Reuters (NASDAQ:TRI - Get Free Report) last issued its quarterly earnings data on Wednesday, August 5th. The company reported $0.99 EPS for the quarter, beating the consensus estimate of $0.96 by $0.03. The firm had revenue of $1.93 billion during the quarter, compared to analyst estimates of $1.89 billion. Thomson Reuters had a return on equity of 14.99% and a net margin of 19.93%.The business's revenue for the quarter was up 9.5% compared to the same quarter last year. During the same quarter in the prior year, the business posted $0.87 EPS. Analysts predict that Thomson Reuters will post 4.44 earnings per share for the current fiscal year.

Hedge Funds Weigh In On Thomson Reuters

A number of institutional investors have recently modified their holdings of the stock. TLT Family Holdco ULC acquired a new position in shares of Thomson Reuters in the 2nd quarter valued at $865,442,000. SEG Family Corp. acquired a new stake in Thomson Reuters during the second quarter valued at $659,930,000. Invesco Ltd. grew its position in Thomson Reuters by 461.1% during the third quarter. Invesco Ltd. now owns 2,253,243 shares of the company's stock valued at $349,996,000 after buying an additional 1,851,677 shares during the period. Norges Bank purchased a new position in Thomson Reuters in the fourth quarter valued at $153,417,000. Finally, Morgan Stanley increased its holdings in Thomson Reuters by 31.2% in the fourth quarter. Morgan Stanley now owns 2,802,312 shares of the company's stock valued at $369,597,000 after buying an additional 665,743 shares in the last quarter. Hedge funds and other institutional investors own 17.31% of the company's stock.

Key Stories Impacting Thomson Reuters

Here are the key news stories impacting Thomson Reuters this week:

• Positive Sentiment: Thomson Reuters reported second-quarter adjusted earnings of $0.99 per share, above the $0.96 consensus estimate and up from $0.87 a year earlier. Revenue rose 9.5% to $1.93 billion, topping expectations of $1.89 billion. Thomson Reuters Beats Q2 Earnings and Revenue Estimates
• Positive Sentiment: The company raised its 2026 revenue-growth outlook to approximately 8% for total revenue and 9.5%–10% for its “Big 3” segments: Legal Professionals, Corporates, and Tax, Audit & Accounting Professionals. Those segments delivered 10% organic growth in the quarter. Thomson Reuters Reports Higher Second-Quarter Revenue and Raises Full-Year Forecast
• Positive Sentiment: Management highlighted the rollout of “Fiduciary-Grade AI” solutions as a key second-half priority, suggesting AI adoption could support longer-term growth, customer retention and productivity. Thomson Reuters Raises Full-Year Revenue Outlook With Focus on AI Rollout
• Positive Sentiment: Thomson Reuters declared a quarterly dividend of $0.655 per share, equivalent to an indicated 2.7% yield, reinforcing the stock’s appeal to income-oriented investors. Thomson Reuters Dividend Announcement
• Neutral Sentiment: The company agreed to sell a 51% stake in its Global Print business to KKR, expecting approximately $500 million in gross proceeds. The transaction may sharpen focus on higher-growth digital operations, although it also reduces ownership of the print business. Thomson Reuters Reports Second-Quarter 2026 Results
• Negative Sentiment: Despite the earnings beat, commentary noting the shares had recently sold off suggests investors remain sensitive to valuation and the execution risk associated with the AI investment cycle. A bullish analyst view argues the dividend-focused stock is attractive after that pullback, but valuation concerns could limit further gains. Thomson Reuters Buy This Dividend Aristocrat While It Is on Sale

About Thomson Reuters

Thomson Reuters is a global provider of information and technology solutions for professional markets, including financial services, legal, tax and accounting, and media industries. The company delivers a range of data, analytics and software tools designed to help customers make informed decisions, manage risk and stay compliant with evolving regulations. Its key offerings include the Eikon financial data platform, Westlaw legal research service, Checkpoint tax and accounting solution, and Reuters News, which supplies real‐time journalism to media organizations worldwide.

Formed in 2008 through the merger of Canada's Thomson Corporation (founded in 1934) and the UK's Reuters Group (established in 1851), Thomson Reuters has built on a legacy of journalistic integrity and information innovation.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.

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