Thomson Reuters Corporation (TRI)
NYSE: TRI · IEX Real-Time Price · USD
166.95
+0.02 (0.01%)
May 8, 2024, 4:00 PM EDT - Market closed
Thomson Reuters Stock Forecast
Stock Price Forecast
The 13 analysts with 12-month price forecasts for Thomson Reuters stock have an average target of 162.56, with a low estimate of 119.29 and a high estimate of 225. The average target predicts a decrease of -2.63% from the current stock price of 166.95.
Analyst Consensus: Hold
Analyst Ratings
The average analyst rating for TRI stock from 13 stock analysts is "Hold". This means that analysts believe this stock is likely to perform similarly to the overall market.
Recommendation Trends
| Rating | Dec '23 | Jan '24 | Feb '24 | Mar '24 | Apr '24 | May '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 1 | 1 | 1 | 1 | 1 | 1 |
| Buy | 2 | 2 | 2 | 3 | 3 | 3 |
| Hold | 9 | 9 | 9 | 8 | 8 | 9 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 12 | 12 | 12 | 12 | 12 | 13 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| UBS | UBS | Strong Buy Maintains $177 → $190 | Strong Buy | Maintains | $177 → $190 | +13.81% | May 3, 2024 |
| Canaccord Genuity | Canaccord Genuity | Hold Maintains $149 → $156 | Hold | Maintains | $149 → $156 | -6.56% | May 3, 2024 |
| Scotiabank | Scotiabank | Hold Maintains $159 → $164 | Hold | Maintains | $159 → $164 | -1.77% | May 3, 2024 |
| JP Morgan | JP Morgan | Hold Maintains $152 → $163 | Hold | Maintains | $152 → $163 | -2.37% | May 3, 2024 |
| CIBC | CIBC | Hold Maintains $146 → $152 | Hold | Maintains | $146 → $152 | -8.95% | Mar 14, 2024 |
Financial Forecast
Revenue This Year
7.33B
from 6.79B
Increased by 7.89%
Revenue Next Year
7.85B
from 7.33B
Increased by 7.03%
EPS This Year
3.61
from 5.80
Decreased by -37.75%
EPS Next Year
4.07
from 3.61
Increased by 12.86%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 7.8B | 8.4B | 9.0B | 9.2B | 9.7B |
| Avg | 7.3B | 7.8B | 8.4B | 8.8B | 9.3B |
| Low | 7.0B | 7.5B | 7.9B | 8.6B | 9.0B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 14.8% | 14.0% | 14.3% | 9.0% | 9.8% |
| Avg | 7.9% | 7.0% | 7.4% | 4.8% | 5.6% |
| Low | 3.1% | 2.0% | 0.6% | 1.7% | 2.5% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 3.87 | 4.37 | 4.92 | 5.38 | 5.91 |
| Avg | 3.61 | 4.07 | 4.59 | 5.17 | 5.69 |
| Low | 3.28 | 3.63 | 4.21 | 5.02 | 5.52 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | -33.2% | 21.0% | 20.9% | 17.0% | 14.3% |
| Avg | -37.8% | 12.9% | 12.8% | 12.6% | 10.0% |
| Low | -43.4% | 0.4% | 3.4% | 9.2% | 6.7% |
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.