Thomson Reuters Corporation (TRI)
NYSE: TRI · IEX Real-Time Price · USD
168.35
+0.28 (0.17%)
Jul 2, 2024, 4:00 PM EDT - Market closed
Thomson Reuters Stock Forecast
Stock Price Forecast
The 9 analysts with 12-month price forecasts for Thomson Reuters stock have an average target of 168.11, with a low estimate of 130 and a high estimate of 225. The average target predicts a decrease of -0.14% from the current stock price of 168.35.
Analyst Consensus: Hold
* Price targets were last updated on May 3, 2024.
Analyst Ratings
The average analyst rating for TRI stock from 9 stock analysts is "Hold". This means that analysts believe this stock is likely to perform similarly to the overall market.
Recommendation Trends
| Rating | Jan '24 | Feb '24 | Mar '24 | Apr '24 | May '24 | Jun '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 1 | 1 | 1 | 1 | 1 | 1 |
| Buy | 2 | 2 | 3 | 3 | 3 | 1 |
| Hold | 9 | 9 | 8 | 8 | 9 | 7 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 12 | 12 | 12 | 12 | 13 | 9 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| UBS | UBS | Strong Buy Maintains $177 → $190 | Strong Buy | Maintains | $177 → $190 | +12.86% | May 3, 2024 |
| Canaccord Genuity | Canaccord Genuity | Hold Maintains $149 → $156 | Hold | Maintains | $149 → $156 | -7.34% | May 3, 2024 |
| Scotiabank | Scotiabank | Hold Maintains $159 → $164 | Hold | Maintains | $159 → $164 | -2.58% | May 3, 2024 |
| JP Morgan | JP Morgan | Hold Maintains $152 → $163 | Hold | Maintains | $152 → $163 | -3.18% | May 3, 2024 |
| CIBC | CIBC | Hold Maintains $146 → $152 | Hold | Maintains | $146 → $152 | -9.71% | Mar 14, 2024 |
Financial Forecast
Revenue This Year
7.35B
from 6.79B
Increased by 8.20%
Revenue Next Year
7.86B
from 7.35B
Increased by 6.94%
EPS This Year
3.72
from 5.80
Decreased by -35.82%
EPS Next Year
4.15
from 3.72
Increased by 11.62%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 7.7B | 8.2B | 8.9B | 9.4B | 9.9B |
| Avg | 7.4B | 7.9B | 8.4B | 9.0B | 9.6B |
| Low | 7.1B | 7.5B | 7.9B | 8.7B | 9.3B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 13.5% | 12.0% | 12.8% | 10.8% | 10.4% |
| Avg | 8.2% | 6.9% | 7.4% | 6.6% | 6.2% |
| Low | 4.2% | 2.4% | 1.1% | 3.4% | 3.1% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 4.03 | 4.53 | 5.29 | 5.57 | 6.15 |
| Avg | 3.72 | 4.15 | 4.72 | 5.35 | 5.92 |
| Low | 3.43 | 3.65 | 4.37 | 5.19 | 5.74 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | -30.5% | 21.6% | 27.4% | 18.0% | 14.9% |
| Avg | -35.8% | 11.6% | 13.6% | 13.5% | 10.6% |
| Low | -40.9% | -2.1% | 5.2% | 10.1% | 7.3% |
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.