What is TRI stock price target for 2026?

WallStSmart's 12-month price target for Thomson Reuters Corporation Common Shares is $87.04, representing 6.7% downside from the current price of $93.29.

What will TRI stock price be in 2030?

Based on our research-backed model combining analyst consensus, management guidance, and sector analysis, Thomson Reuters Corporation Common Shares could reach $279.59 by 2030.

What is TRI stock forecast?

Thomson Reuters Corporation Common Shares forecast includes bull, base, and bear case scenarios from 2026 through 2030. Revenue and EPS projections are derived from analyst consensus and conservative extrapolation with growth deceleration for outer years.

Is TRI undervalued based on price targets?

Our DCF intrinsic value for Thomson Reuters Corporation Common Shares is $61.80, against a current price of $93.29. The margin of safety is -44.34%.

TRI

Thomson Reuters Corporation Common Shares

NASDAQ: TRI · INDUSTRIALS · SPECIALTY BUSINESS SERVICES

$93.29

+3.78% today

Updated 2026-04-29

Market cap

$41.32B

P/E ratio

28.36

P/S ratio

5.53x

EPS (TTM)

$3.29

Dividend yield

2.65%

52W range

$80 – $215

Volume

2.6M

Market cap

$41.32B

P/E ratio

28.36

P/S ratio

5.53x

EPS (TTM)

$3.29

Dividend yield

2.65%

52W range

$80 – $215

Volume

2.6M

Thomson Reuters Corporation Common Shares (TRI) Financial Forecast & Price Target 2030

Research-backed projections from analyst consensus, management guidance, and sector analysis.

Price target summary

Current

$93.29

Consensus

$156.36

+67.61%

2030 Target

$279.59

+199.70%

DCF

$61.80

-44.34% MoS

Current price

$93.29

Analyst consensus

$156.36

+67.61%

2030 Target

$279.59

+199.70%

Intrinsic (DCF)

$61.80

-44.34% MoS

11 analysts:

4 Buy4 Hold0 Sell

Management guidance

No specific revenue targets disclosed in available materials. CEO Steve Hasker has emphasized AI-driven growth through CoCounsel (1M customers achieved Feb 2026) and expansion in regulated industries. Company pursuing $600M share repurchase and $605M return of capital, signaling confidence in cash generation but no explicit 2026-2030 revenue guidance provided.

Sources: Management guidance, analyst consensus, sector analysishigh confidence

Revenue & price projection

Actual revenue Projected revenue Base case Bull to bear range

Bull case (2030)

$468.99

$10.5B Rev × 20x P/S

Base case (2030)

$279.59

$10.5B Rev × 12x P/S

Bear case (2030)

$189.40

$10.5B Rev × 8x P/S

Financial forecast — research-backed

Metric	2023	2024	2025	2026 (E)	2027 (E)	2028 (E)	2029 (E)	2030 (E)
Revenue	$6.8B	$7.3B	$7.6B	$8.1B	$8.8B	$9.4B	$9.9B	$10.5B
Revenue growth	—	6.8%	4.8%	8.9%	7.8%	6.9%	6.0%	5.3%
EPS	$3.46	$3.77	$3.59	$4.46	$5.12	$5.68	$6.15	$6.54
P/S ratio	—	—	—	12.0x	12.0x	12.0x	12.0x	12.0x
Implied price	—	—	—	$216.46	$234.49	$252.53	$270.57	$279.59

Catalysts & risks

Growth catalysts

+ CoCounsel AI platform scaling (1M customers as of Feb 2026; expanding to regulated industries)

+ Legal tech ecosystem partnerships (Smokeball integration announced Mar 2026)

+ AI-driven automation reducing cost structure and improving margins

+ $605M special dividend + share consolidation (shareholder vote Apr 28, 2026)

+ Potential M&A or strategic investments in AI/legal tech vertical

Key risks

- AI-driven disruption from startups (Midpage, others) threatening market share in legal research despite Westlaw's moat

- Wells Fargo downgrade (Mar 23, 2026) citing slowing growth in Big 3 segments (Legal, Corporates, Financial)

- Stock down 58% from 52-week high ($299.24 in Jul 2025); market pricing in significant structural headwinds

- Investor sentiment fragility around white-collar job displacement from AI

- Mature, slower-growth segments (not enough offset from AI gains in near term)

Methodology

Thomson Reuters Corporation Common Shares's forward estimates are derived from AI-powered research synthesis combining analyst consensus from 11 Wall Street analysts, management guidance from the latest earnings call, and sector growth forecasts from industry research. Revenue and EPS projections use analyst consensus where available and conservative extrapolation with growth deceleration for outer years. Price targets are calculated using a tiered Price-to-Sales (P/S) methodology, where the P/S multiple is determined by the projected revenue growth rate.

WallStSmart proprietary research model · Not financial advice · Past performance is not indicative of future results · Last researched: April 7, 2026.