Thomson Reuters Corporation (TRI)
NYSE: TRI · Real-Time Price · USD
168.71
+0.69 (0.41%)
Sep 18, 2024, 3:25 PM EDT - Market open

Thomson Reuters Stock Forecast

Stock Price Forecast

The 10 analysts with 12-month price forecasts for Thomson Reuters stock have an average target of 171.1, with a low estimate of 130 and a high estimate of 225. The average target predicts an increase of 1.42% from the current stock price of 168.71.

Analyst Consensus: Hold
Target Low Average Median High
Price $130 $171.1 $168 $225
Change -22.94% +1.42% -0.42% +33.36%

Analyst Ratings

The average analyst rating for TRI stock from 10 stock analysts is "Hold". This means that analysts believe this stock is likely to perform similarly to the overall market.

Recommendation Trends

Rating Apr '24May '24Jun '24Jul '24Aug '24Sep '24
Strong Buy 111111
Buy 333322
Hold 899977
Sell 000000
Strong Sell 000000
Total 121313131010

Latest Forecasts

Analyst Firm Rating Rating Action Price Target Upside Date
Scotiabank
Scotiabank
Buy
Upgrades
$164$182
Buy Upgrades $164$182 +7.88% Aug 27, 2024
JP Morgan
JP Morgan
Hold
Maintains
$163$164
Hold Maintains $163$164 -2.79% Aug 2, 2024
RBC Capital
RBC Capital
Hold
Maintains
$170$168
Hold Maintains $170$168 -0.42% Aug 2, 2024
UBS
UBS
Strong Buy
Maintains
$177$190
Strong Buy Maintains $177$190 +12.62% May 3, 2024
Canaccord Genuity
Canaccord Genuity
Hold
Maintains
$149$156
Hold Maintains $149$156 -7.53% May 3, 2024
More Analyst Ratings

Financial Forecast

Revenue This Year
7.35B
from 6.79B
Increased by 8.15%
Revenue Next Year
7.86B
from 7.35B
Increased by 6.94%
EPS This Year
3.78
from 5.80
Decreased by -34.73%
EPS Next Year
4.21
from 3.78
Increased by 11.34%
Fiscal Year FY 2019 FY 2020 FY 2021 FY 2022 FY 2023 FY 2024 FY 2025 FY 2026
Period Ending Dec 31, 2019 Dec 31, 2020 Dec 31, 2021 Dec 31, 2022 Dec 31, 2023 Dec 31, 2024 Dec 31, 2025 Dec 31, 2026
Revenue
5.91B5.98B6.35B6.63B6.79B7.35B7.86B8.47B
Revenue Growth
7.36%1.32%6.08%4.40%2.52%8.15%6.94%7.79%
EPS
3.222.3311.932.855.803.784.214.74
EPS Growth
-47.14%-27.74%412.25%-76.09%103.10%-34.73%11.34%12.65%
Forward PE
-----44.6040.0635.56
No. Analysts -----171611
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue 20242025202620272028
High 7.7B 8.2B 9.1B
Avg 7.3B 7.9B 8.5B
Low 7.1B 7.5B 8.0B

Revenue Growth

Revenue Growth 20242025202620272028
High
12.9%
12.2%
15.3%
Avg
8.2%
6.9%
7.8%
Low
4.2%
2.7%
1.4%

EPS Forecast

EPS 20242025202620272028
High 4.00 4.53 5.20
Avg 3.78 4.21 4.74
Low 3.61 3.71 4.41

EPS Growth

EPS Growth 20242025202620272028
High
-31.0%
19.6%
23.4%
Avg
-34.7%
11.3%
12.6%
Low
-37.8%
-1.8%
4.7%
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.