Wells Fargo & Company Issues Positive Forecast for Thomson Reuters (NASDAQ:TRI) Stock Price

Thomson Reuters (NASDAQ:TRI) had its target price upped by investment analysts at Wells Fargo & Company from $87.00 to $97.00 in a research report issued on Wednesday,Benzinga reports. The brokerage currently has an “equal weight” rating on the stock. Wells Fargo & Company‘s price objective would indicate a potential upside of 3.86% from the company’s previous close.

TRI has been the subject of several other reports. Morgan Stanley set a $116.00 price target on shares of Thomson Reuters in a research note on Friday, February 6th. The Goldman Sachs Group set a $111.00 price target on shares of Thomson Reuters and gave the stock a “buy” rating in a research note on Saturday, February 7th. JPMorgan Chase & Co. lowered their price target on shares of Thomson Reuters from $160.00 to $100.00 and set a “neutral” rating for the company in a research note on Friday, February 6th. Royal Bank Of Canada raised shares of Thomson Reuters from a “sector perform” rating to an “outperform” rating and set a $126.00 price target for the company in a research note on Tuesday, February 10th. Finally, Scotiabank reissued an “outperform” rating and issued a $156.00 price target (down from $189.00) on shares of Thomson Reuters in a research note on Friday, February 6th. 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 given a Sell rating to the company’s stock. Based on data from MarketBeat, the stock has an average rating of “Moderate Buy” and an average price target of $147.62.

Thomson Reuters Price Performance

Shares of NASDAQ TRI traded down $2.06 during mid-day trading on Wednesday, reaching $93.40. 215,398 shares of the company were exchanged, compared to its average volume of 2,456,851. Thomson Reuters has a 52 week low of $79.71 and a 52 week high of $218.42. The company has a quick ratio of 0.64, a current ratio of 0.64 and a debt-to-equity ratio of 0.11. The stock has a market capitalization of $40.73 billion, a PE ratio of 27.36, a PEG ratio of 1.40 and a beta of 0.80. The company’s 50 day moving average price is $93.87 and its 200 day moving average price is $116.00.

Thomson Reuters (NASDAQ:TRI) last posted its quarterly earnings results on Tuesday, May 5th. The company reported $1.23 earnings per share for the quarter, topping the consensus estimate of $1.18 by $0.05. The business had revenue of $2.04 billion during the quarter, compared to the consensus estimate of $2 billion. Thomson Reuters had a net margin of 20.09% and a return on equity of 14.51%. The firm’s revenue for the quarter was up 9.8% on a year-over-year basis. During the same period in the previous year, the firm posted $1.12 earnings per share. Sell-side analysts forecast that Thomson Reuters will post 4.47 earnings per share for the current fiscal year.

Hedge Funds Weigh In On Thomson Reuters

Hedge funds and other institutional investors have recently modified their holdings of the stock. Empowered Funds LLC purchased a new position in shares of Thomson Reuters during the fourth quarter valued at about $30,000. Cullen Frost Bankers Inc. increased its position in shares of Thomson Reuters by 50.0% during the third quarter. Cullen Frost Bankers Inc. now owns 249 shares of the company’s stock valued at $39,000 after buying an additional 83 shares during the period. Timmons Wealth Management LLC purchased a new position in shares of Thomson Reuters during the fourth quarter valued at about $42,000. Montag A & Associates Inc. purchased a new position in shares of Thomson Reuters during the fourth quarter valued at about $43,000. Finally, Westside Investment Management Inc. increased its position in shares of Thomson Reuters by 100.0% during the third quarter. Westside Investment Management Inc. now owns 338 shares of the company’s stock valued at $52,000 after buying an additional 169 shares during the period. Hedge funds and other institutional investors own 17.31% of the company’s stock.

Thomson Reuters News Summary

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

• Positive Sentiment: Q1 results beat expectations: Revenue grew ~10% year‑over‑year and EPS of $1.23 topped consensus; management described a strong start to 2026 and organic growth across core segments. This underpins upward pressure on the stock. Thomson Reuters first-quarter revenue rises 10%, topping estimates
• Positive Sentiment: Management emphasizes AI adoption: CEO and company presentations stressed that professional customers are choosing Thomson Reuters’ AI and that demand for “fiduciary‑grade” AI is accelerating — a key growth narrative that supports higher recurring revenue and pricing power. Thomson Reuters CEO says pros are choosing its AI
• Positive Sentiment: Company reaffirms outlook and highlights AI demand: Thomson Reuters reiterated its full‑year targets for organic revenue growth, adjusted EBITDA margin and free cash flow while calling out AI as a demand driver — reassurance that helped sentiment. Thomson Reuters reaffirms forecasts, highlights ‘fiduciary-grade AI’ demand
• Positive Sentiment: Capital returns increased: The company raised the annualized dividend 10% to $2.62 (quarterly dividend $0.655 announced), completed a $605M return of capital, and repurchased $262M (2.5M shares) under its buyback plan — all supportive of EPS and shareholder value. Thomson Reuters Reports First-Quarter 2026 Results
• Neutral Sentiment: Share consolidation / reverse split: A corporate share consolidation (reverse split) took effect May 4; while it reduces outstanding share count, reverse splits are typically neutral mechanically and don’t change fundamentals. Reverse split announcement
• Neutral Sentiment: Regulatory/corporate filings: Thomson Reuters filed a Form 6‑K detailing corporate arrangement documentation — standard disclosure for cross‑listed Canadian/US issuers; worth monitoring for any governance or restructuring details. Thomson Reuters Files May 2026 Form 6-K

Thomson Reuters Company Profile

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.