NASDAQ: TRI

Thomson Reuters (TRI) Stock Analysis & Forecast

Nov 4 close

$117.23+7.05 (+6.4%)

Gekko Brief

AI summaryNov 4 close

Thomson Reuters shares fell sharply this week after third-quarter results missed estimates, sending the stock down 9.9%. Organic revenue grew 10% in the quarter, and generative AI products reached 34% of annualized contract value. Adjusted earnings per share rose to 81 cents, though net earnings declined, reflecting a gain from a divestiture in the prior-year period. The company also updated its full-year forecast to exclude its print business following the recent sale of a business unit.

TRI closed at $117.23, up 6.4% on the week, with the stock trading above both its 50-day average of $105.44 and 200-day average of $96.50. The GekkoIndex reading of 52.5 places the stock in the Neutral zone. Price sits 14% below Gekko Fair Value of $136.32.

The next earnings report is scheduled for 4 February 2027, 91 days away, outside a typical 20-trading-day holding window. Over the past 90 days there is no notable insider or Congressional buying, and no unusual options activity in the past 30 days. Seasonally, the next 20 trading days have averaged a 2.7% gain over the past 5 years, rising in 3 of them. The consensus analyst target stands at $123.81.

Written by AI from the Nov 4, 2026 close and checked automatically against the figures on this page.

Thomson Reuters price vs fair value

$136.32$117.23Nov ’25May ’26Nov ’26
Close $117.23200-day averageGekko Fair Value $136.32

Thomson Reuters quick facts

Market cap
$50.79B
P/E ratio
32.1
Forward P/E
23.3
EPS, TTM
$3.81
Revenue, TTM
$7.83B
Profit margin
21.2%
Dividend yield
2.15%
Beta
0.19
Volume
1.90M avg 1.77M
1-year return
−25.9%
Typical daily move
±4.8%
Typical 20-day move
±4.5%
50-day average
$105.44
200-day average
$96.50
Next earnings
Feb 4 before open
Shares outstanding
433.3M
52-week range
$76.28$160.20

Thomson Reuters swing-trade checklist

Thomson Reuters scores 4 supportive, 1 mixed and 0 headwinds across the 5 checklist items with data.

Six things swing traders check before a 20-day hold, read from the latest data.

4 supportive1 mixed0 headwinds

  • Trendsupportive

    Above 50 and 200-day

    Close $117.23 is above the 50-day ($105.44) and 200-day ($96.50) averages, and the 50-day is above the 200-day.

    See the chart
  • GekkoIndexmixed

    52.5, Neutral

    Reading 52.5 is in the Neutral zone.

    See the GekkoIndex
  • Fair valuesupportive

    14.0% below

    Price is 14% below Gekko Fair Value (more than 5% below).

    See fair value
  • Smart moneyno data

    No data

    No insider, Congress or unusual options activity in the window.

    See smart money
  • Earnings risksupportive

    Reports in 91 days

    Next report Feb 4, 2027, 91 days away — outside a typical 20-trading-day hold.

    See earnings
  • Seasonalitysupportive

    +2.7% on average

    From this point in the calendar, the next 20 trading days averaged +2.7% over 5 years, rising in 3 of them.

    See seasonality

A description of current data, not a recommendation. How this page works

Thomson Reuters stock chart and price history

Thomson Reuters closed at $117.23 on Nov 4, 2026, −25.9% over the past year, inside a 52-week range of $76.28 to $160.20.

Close50-day average200-day averageVolume
Thomson Reuters share price, past year, with 50-day and 200-day moving averages and volume$80$100$140$160$180DecJan 2026FebMarAprMayJunJulAugSepOct117.23

Use the left and right arrow keys to read daily values.

Performance Breakdown

1 month
+19.5%
3 months
+17.1%
6 months
+27.8%
1 year
−25.9%
The full TRI chart adds GekkoIndex, insider, options, Congress and hedge fund markers, plus TrendCandles™.Open TRI in Gekko

Follow Thomson Reuters through every session

Put TRI on a Gekko watchlist and see its GekkoIndex, Gekko Fair Value and smart money signals update on the chart as they change.

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Thomson Reuters GekkoIndex: the smart money zone

Thomson Reuters’s GekkoIndex — Gekko’s 0 to 100 smart money score — reads 52.5, in the Neutral zone, up 4.3 points over five sessions.

010052.5Neutral

Up 4.3 points over five sessions.

Reading for Nov 4, 2026

What followed past readings in each zone

ZoneReadings5 days10 days20 days50 days
Buying90+0.1%+1.5%+2.0%−3.9%
Accumulation213−0.3%−1.1%−2.7%−5.7%
Neutral (current zone)240−0.3%−0.6%−0.6%−0.7%
Distribution52+0.4%+0.6%−0.6%−0.5%
Selling5Too few readings yet

Average TRI share-price change over the trading days after each daily reading in its GekkoIndex history. Across every stock Gekko tracks, Neutral readings averaged +1.0% over 20 days. Past behaviour doesn’t guarantee future results.

Neutral zone: No clear directional signal. About the five zones →

See every daily GekkoIndex reading plotted over the TRI price, zone by zone.Track TRI in Gekko

Is Thomson Reuters stock overvalued? Gekko Fair Value

Thomson Reuters trades 14.0% below Gekko Fair Value of $136.32, so the shares are undervalued on Gekko’s estimate.

Gekko’s own estimate of what Thomson Reuters shares are worth, recalculated every trading day.

$136.32

Gekko Fair Value, Nov 4, 2026

14.0% Undervalued

At the end of Aug 2026 the price was 22.2% below the estimate.

Gekko Fair ValueShare price, month end
$136$110Aug 2026SepOctNov 2026

How Gekko Fair Value works →

Gekko Fair Value on every chart, with the gap to price updating daily.Open TRI in Gekko

Thomson Reuters insider and Congress trading

No open-market insider purchases were filed for Thomson Reuters, and no Congress trades were disclosed, in the last 90 days.

Plus buybacks, unusual options and fund positions, each dated to when it became public.

Insider buying last 90 days

No open-market insider purchases were filed for TRI in the last 90 days.

From Form 4 filings, dated to when each was filed.

Every TRI insider filing, plotted on the chart in Gekko.Open TRI in Gekko

Congress trades last 90 days

No trades in TRI were disclosed by members of Congress in the last 90 days.

From congressional disclosures, which report amounts as ranges.

Congress disclosures for TRI, plotted on the chart in Gekko.Open TRI in Gekko

Buybacks

Thomson Reuters has been buying back its own shares.

Bought back, quarter ended Jun 30, 2026
$685.1M
As a share of market cap
1.35%
Trailing four quarters
$1.96B

From company filings.

Thomson Reuters earnings: next date and track record

Thomson Reuters reports on Feb 4, 2027, before the open (91 days away), and beat the EPS estimate in 8 of its last 8 reports.

8 of 8reports beat the EPS estimate
±4.7%average move across the report
2 of 8reports followed by a gain

Share-price move across each report

−2.8%Aug ’24+0.8%Nov ’24+5.3%Feb ’25−0.8%May ’25−9.1%Aug ’25−7.4%Nov ’25−7.4%Feb ’26−4.2%May ’26

Last earnings call, May 5, 2026 AI summary

What they said
Thomson Reuters reported a strong start to 2026 with total company organic revenue up 8% in Q1 (vs. 7% in 2025) and margins in line with prior expectations. Management reaffirmed full-year 2026 organic revenue guidance of 7.5%–8.0% (with the Big 3 segments ~9.5%) and expects EBITDA margins to expand ~100 basis points year-over-year to ~40%. Key growth drivers cited include AI-enabled products (CoCounsel, Westlaw Advantage), international businesses, Pagero, SafeSend, and SurePrep; the company highlighted double-digit growth in several products and rising adoption metrics (AI-enabled ACV ~30%). Management discussed progress on the company’s proprietary legal LLM (“Thomson”), which is reportedly outperforming frontier models on certain legal tasks and provides optionality to manage LLM costs and product integration. Capital deployment included a 10% dividend increase (fifth consecutive year), $262M of share repurchases in Q1 and a completed $605M cash distribution, with an intent to complete the remaining ~$338M NCIB in Q2. Management emphasized continued investments in innovation and AI-driven productivity initiatives, while noting some near-term headwinds (government segment softness, LLM costs, M&A dilution and revenue-recognition timing shifts in tax/audit/accounting). Overall tone from management was confident and constructive, with measured caution on LLM costs and segment seasonality.
Guidance
Reaffirmed full-year 2026 organic revenue growth of 7.5%–8.0% (including roughly 9.5% for the Big 3 segments). Q2 organic revenue guidance of ~7%–8%. Full-year EBITDA margins expected to expand by ~100 basis points to ~40% (Q2 EBITDA margin ~38% noted). Segment-level full-year guidance: Corporate ~9% (Corporate revenue guide 9%–11%? per remarks), Tax/Audit/Accounting 11%–13%. CoCounsel Next and other AI products expected to contribute modest revenue in H2 2026 with larger contributions in 2027. Company expects AI-enabled ACV to continue rising from ~30%.
Risks flagged
Near-term headwinds include subdued government revenue (cancellations/downgrades from H2 2025), increasing LLM costs as AI usage scales, M&A-related margin dilution (near term), revenue-recognition timing shifts in certain tax/audit products (shifting revenue into H2), and broader change-management risks as customers adopt next-gen AI tools. Management also noted general uncertainties described in regulatory filings and the standard forward-looking statement caveats.
ReportedEPSSurpriseRevenueSurpriseMove
May 5, 2026$1.23
est $1.21
+1.7%$2.04B
est $2.00B
+2.0%−4.2%
Feb 5, 2026$1.07
est $1.06
+0.9%$2.00B
est $2.01B
−0.5%−7.4%
Nov 4, 2025$0.85
est $0.81
+4.9%$1.78B
est $2.02B
−11.6%−7.4%
Aug 6, 2025$0.87
est $0.83
+4.8%$1.79B
est $1.78B
+0.4%−9.1%
May 1, 2025$1.12
est $1.06
+5.7%$1.90B
est $1.80B
+5.5%−0.8%
Feb 5, 2025$1.03
est $0.98
+5.1%$1.90B
est $1.87B
+1.6%+5.3%
Nov 5, 2024$0.80
est $0.77
+3.9%$1.72B
est $1.74B
−1.0%+0.8%
Aug 1, 2024$0.85
est $0.82
+3.7%$1.74B
est $1.71B
+1.5%−2.8%

“Move” is the close of the first session after the report compared with the close of the last session before it, so it reads the same whether the company reported before the open or after the close.

Thomson Reuters stock forecast and analyst price targets

Analysts’ average 12-month price target for Thomson Reuters is $123.81, +5.6% from the last close.

$123.81consensus 12-month target, +5.6% from the last close
−0.6%average 20-day move after past Neutral readings
+2.7%average move over the next 20 trading days in the last 5 years
±4.8%typical daily move, from the 14-day average range

Gekko doesn’t publish price predictions. These are analyst targets and historical base rates, which don’t guarantee future results.

Thomson Reuters seasonality: the next 20 trading days

Over the next 20 trading days from Nov 4, Thomson Reuters averaged +2.7% across the last 5 years, rising in 3 of them.

Next 20 trading days, by year

+0.1%2021+11.1%2022+10.3%2023−0.1%2024−8.4%2025

Average move and hit rate

WindowAverageYears higher
Next 5 trading days+0.8%4 of 5
Next 10 trading days+1.8%3 of 5
Next 15 trading days+2.2%3 of 5
Next 20 trading days+2.7%3 of 5
Next 30 trading days+0.9%3 of 5

For scale, TRI’s typical 20-trading-day move in either direction is about 4.5%.

Thomson Reuters market cap and key statistics

Thomson Reuters’s market cap is $50.79B, with a P/E ratio of 32.1 and revenue of $7.83B over the last twelve months.

Valuation

Market cap
$50.79B
P/E ratio
32.1
Forward P/E
23.3
EPS, TTM
$3.81
Gekko Fair Value
$136.32

Trading

Volume
1.90M
Avg volume, 20 days
1.77M
52-week high
$160.20
52-week low
$76.28
Shares outstanding
433.3M

Financials

Revenue, TTM
$7.83B
Profit margin
21.2%
Return on equity
14.2%
Quarterly earnings growth, YoY
+47.2%

Risk and income

Beta
0.19
Typical daily move
±4.8%
Typical 20-day move
±4.5%
Dividend yield
2.15%

Thomson Reuters stock news this week

Coverage of Thomson Reuters this week reads neutral: 4 positive, 12 neutral and 1 negative headlines.

News sentiment neutral

Thomson Reuters peers

Thomson Reuters’s 6 largest industry peers by market value, with today’s move, GekkoIndex zone and gap to Gekko Fair Value.

StockTodayGekkoIndex zonevs Fair Value
GOOGAlphabet+2.1%Buying2.4% below
GOOGLAlphabet+1.9%Buying1.7% below
METAMeta Platforms−1.7%Accumulation4.1% above
NFLXNetflix+2.9%Accumulation27.7% below
SPOTSpotify Technology+2.9%Distribution30.1% above
MSTRStrategy+4.4%Neutral20.3% below

A peer links to its own page where one exists.

In the Buying zone today

Reporting earnings this week

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Thomson Reuters stock FAQ

What is Thomson Reuters’s market cap?

Thomson Reuters’s market cap is $50.79B at the Nov 4, 2026 close of $117.23, with 433.3M shares outstanding. The shares trade on a P/E ratio of 32.1.

What is the Thomson Reuters stock forecast?

The consensus analyst 12-month price target for Thomson Reuters is $123.81, +5.6% from the last close. Gekko doesn’t publish price predictions of its own.

Is Thomson Reuters stock overvalued or undervalued?

On Gekko’s estimate Thomson Reuters is undervalued: the Nov 4, 2026 close of $117.23 is 14.0% below Gekko Fair Value of $136.32. Gekko Fair Value is recalculated every trading day, and a gap inside 5% either way counts as about fair value.

When does Thomson Reuters report earnings next?

Thomson Reuters is expected to report on Feb 4, 2027, before the market opens (91 days away). Analysts expect earnings of $1.26 per share on revenue of $2.07B. Thomson Reuters beat the earnings estimate in 8 of its last 8 reports, moving 4.7% on average across the report.

What is Thomson Reuters’s 52-week high and low?

Thomson Reuters’s 52-week high is $160.20 and its 52-week low is $76.28; it closed at $117.23 on Nov 4, 2026, −25.9% over the past year. Over the last five years the shares peaked at $221.97 on Jul 14, 2025.

Is Thomson Reuters stock a buy right now?

Gekko describes the data; it does not make buy or sell recommendations. On the swing-trade checklist, 4 of the 5 items with data read as supportive (trend, fair value, earnings risk and seasonality), 1 as mixed (gekkoindex). The checklist is a description of current data, not a recommendation.

How this page works

During US trading hours the price at the top of the page is a delayed quote, refreshed every 15 minutes; everything else is rebuilt after each US market close. The GekkoIndex, Gekko Fair Value and the checklist are Gekko’s own, and the Gekko Brief is written by AI from this page’s data and checked against it before it is published. How Gekko’s data works →

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