Share Repurchase Program Announcement: Thomson Reuters Corp has initiated a $1 billion share repurchase program, allowing the buyback of up to 10 million shares, which is expected to enhance investor confidence and provide direct returns to shareholders.
Earnings Report and Stock Performance: Following a strong earnings report that beat estimates, TRI shares rose by 3.07% despite an initial decline after the earnings release, with the company reaffirming its robust organic revenue growth outlook for 2025.
TRI
$131.8+Infinity%1D
Analyst Views on TRI
Wall Street analysts forecast TRI stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for TRI is 193.84 USD with a low forecast of 160.00 USD and a high forecast of 258.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
13 Analyst Rating
Wall Street analysts forecast TRI stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for TRI is 193.84 USD with a low forecast of 160.00 USD and a high forecast of 258.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
10 Buy
3 Hold
0 Sell
Strong Buy
Current: 130.700
Low
160.00
Averages
193.84
High
258.00
Current: 130.700
Low
160.00
Averages
193.84
High
258.00
BMO Capital
Tim Casey
Outperform
to
Outperform
downgrade
$308 -> $280
2025-11-05
Reason
BMO Capital
Tim Casey
Price Target
$308 -> $280
2025-11-05
downgrade
Outperform
to
Outperform
Reason
BMO Capital analyst Tim Casey lowered the firm's price target on Thomson Reuters to C$280 from C$308 and keeps an Outperform rating on the shares after its in-line Q3 revenue and EBITDA beat. The company's Big-3 organic revenue growth was up 9%, margins improved strongly with operating leverage, though its FY25 organic revenue growth is trending to the low-end of guide, reflecting temporary and fixable impacts with acceleration expected in FY26, the analyst tells investors in a research note.
JPMorgan
Neutral
downgrade
$178 -> $160
2025-11-05
Reason
JPMorgan
Price Target
$178 -> $160
2025-11-05
downgrade
Neutral
Reason
JPMorgan lowered the firm's price target on Thomson Reuters to $160 from $178 and keeps a Neutral rating on the shares following the earnings report.
Scotiabank
Maher Yaghi
Outperform
to
Outperform
downgrade
$200 -> $189
2025-11-05
Reason
Scotiabank
Maher Yaghi
Price Target
$200 -> $189
2025-11-05
downgrade
Outperform
to
Outperform
Reason
Scotiabank analyst Maher Yaghi lowered the firm's price target on Thomson Reuters to $189 from $200 and keeps an Outperform rating on the shares. The company's stock recently experienced a pull-back following in-line quarterly results, driven by headwinds in its government solutions business along with ongoing investor fears that AI startups could disrupt its business model, the analyst tells investors. The firm believes these concerns are misplaced, as competition is confined to near areas of expansion while Thomas Reuters has a 'strong, dependable moat."
Canaccord
Aravinda Galappatthige
Hold -> Buy
upgrade
$182 -> $174
2025-11-05
Reason
Canaccord
Aravinda Galappatthige
Price Target
$182 -> $174
2025-11-05
upgrade
Hold -> Buy
Reason
Canaccord analyst Aravinda Galappatthige last night upgraded Thomson Reuters to Buy from Hold with a price target of $174, down from $182. The company's earnings and adjusted EBITDA were better than expected in Q3 on costs, while its revenues were in line, the analyst tells investors in a research note. The firm cites upside to Thomson's growth expectations and "solid positioning from a balance sheet perspective" for the upgrade. It sees the recent selloff in the shares as an opportunity to upgrade.
About TRI
Thomson Reuters Corporation is a content and technology company. The Legal Professionals segment serves law firms and governments with research and workflow products powered by technologies, including generative artificial intelligence (AI). The Corporates segment serves corporations ranging from small businesses to multinational organizations with a full suite of content-driven products, powered by technologies, including generative AI. The Tax & Accounting Professionals segment serves tax, audit and accounting firms with research and workflow products powered by technologies, including generative AI. The Reuters News segment supplies business, financial and global news and data to media organizations, professionals and news consumers through Reuters News Agency, Reuters.com, Reuters Events, Thomson Reuters products and to financial firms exclusively via LSEG products. The Global Print segment provides legal and tax information and commercial printing services.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
