TRI Price Prediction Next Week
Analysis and Insights
To predict the stock price of Thomson Reuters (TRI) for the next trading week, we analyze both news sentiment and technical indicators.
News Sentiment Analysis:
CFO Presentation at Scotiabank TMT Conference: Mike Eastwood, CFO of Thomson Reuters, presented at the Scotiabank TMT Conference on March 4, 2025. The presentation may have included forward-looking information, which could positively impact investor sentiment.
U.S. Department of Defense Contract Clarification: Thomson Reuters clarified a $9 million contract with the U.S. Department of Defense, which was misrepresented by public figures. This clarification could reduce negative sentiment and stabilize the stock price.
Gender Pay Gap in Australia: Australia’s gender pay gap slightly improved but remains significant. Thomson Reuters Australia reported a median pay gap of 25% in favor of men. While this may not directly impact TRI’s stock price, it could influence investor sentiment regarding corporate governance.
Technical Analysis:
- Current Price: $169.55 (as of March 21, 2025)
- RSI (6, 12, 14): 33.74, 41.51, 43.22 (oversold on RSI_6, indicating potential buy signal)
- MACD: -0.51 (slightly bearish but nearing a bullish crossover)
- Fibonacci Levels: Pivot at $172.48, with resistance at $176.05 and $178.25
- SMA (5, 10, 20, 60, 200): $171.48, $171.60, $174.35, $168.98, $167.14 (indicating a bearish trend but with potential reversal signs)
Price Prediction:
Based on the oversold RSI and potential bullish MACD crossover, combined with the positive news sentiment from the CFO’s presentation, we predict the stock price will rise to $173.00 next week.
Buy/Sell Recommendation:
Buy: The oversold RSI and potential bullish MACD crossover, combined with positive news sentiment, suggest a short-term bullish trend.
TRI Similar Chart Price Prediction
The price of TRI is predicted to go up 2.38%, based on the high correlation periods with LOPE. The similarity of these two price pattern on the periods is 94.37%.
TRI
LOPE
Up: 2.38%Similarity: 94.37%
TRI Revenue Forecast
TRI EPS Forecast
TRI FAQs
What is TRI revenue forecast for next quarter？
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TRI VS S&P500
A renewed focus and new management following the Refinitiv divestment could see margins improve, driving profitability.
Increasing regulatory complexity and requirements for a library of previous years of regulations increase barriers to entry, reduce competition, and strengthen advantages in the legal and tax and accounting segments.
The firm's legal segment pricing power has been modest despite high market share and thus could potentially be higher.
TRI Analyst's Forecast
Drew McReynolds
RBC Capital
Hold
2024-11-06
Price Target
$171 → $173
Upside
+4.05%
RBC Capital raised the firm's price target on Thomson Reuters to $173 from $171 but keeps a Sector Perform rating on the shares. The company's Q3 results were slightly ahead of forecasts while the 2024 revenue growth guidance was modestly raised, the analyst tells investors in a research note. At its current valuation however, the bar for Thomson Reuters to deliver consolidated organic revenue growth in excess of 6% has risen, with the organic revenue growth trajectory over the 2025-26 period now taking center stage, the firm added.
