Thomson Reuters Corporation

TRI · NASDAQ

Market closed$96.20$-2.62 (-2.65%)After hours $96.10 · -0.10%

Key statistics

Previous close$98.82
Open$99.73
Day high$100.85
Day low$95.74
52-week high$209.90
52-week low$76.28
Market cap42.00B
Volume2.55M
Average volume2.04M
P/E ratio23.93
Forward P/E
EPS4.02
Dividend yield+4.10%

Market context

Why it moved

Thomson Reuters (TRI) declined alongside a broad market sell-off driven by a deepening pullback in AI-related stocks, rising oil prices due to escalating U.S.-Iran conflict, and renewed concerns about AI competition following the announcement of a powerful new Chinese AI model from Moonshot.

What is happening

Recent company-specific developments and publisher coverage.

July 17, 2026Thomson Reuters closed sharply higher, buoyed by its Q2 2026 earnings report showing higher revenue and adjusted EPS across its Legal Professionals, Corporate, and Tax & Accounting segments, alongside its July 14 announcement of a joint venture with KKR—selling a 51% stake in its Global Print business for ~$500M in gross proceeds while retaining a 49% interest. The KKR deal signals a strategic pivot toward higher-margin digital and AI-driven workflows, with Wall Street analysts maintaining a median price target of $126, implying roughly 30% upside from recent levels.

3.4656

July 16, 2026Thomson Reuters shares surged over 4% on Wednesday, with above-average volume nearly double the daily norm, recovering sharply from Tuesday's IBM-driven software sector selloff that had dragged TRI down more than 3%. The rebound was fueled by continued investor enthusiasm around the company's AI-integrated legal products — including Westlaw and CoCounsel — alongside strong Q1 results (10% revenue growth, 8% organic) and an active capital return program. With Q2 earnings scheduled for August 5, analysts maintain a median price target of $126, and the favorable CPI report that lifted broader markets provided an additional tailwind. In after-hours trading, shares gave back a modest 0.73%.

4.1094

July 15, 2026Thomson Reuters closed down 2.70% after announcing a joint venture with KKR, selling a 51% stake in its Global Print business for approximately $500 million while retaining a 49% equity interest and full editorial control. The deal, expected to close in Q4 2026, aims to sharpen Thomson Reuters' focus on AI-driven solutions for legal, tax, and compliance professionals — though the sell-off suggests investors may have weighed the headline print business exit against broader sector pressure from IBM's Q2 revenue warning, which rattled IT services and software stocks across the market.

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July 14, 2026Thomson Reuters surged over 5% as the company announced plans to cut up to 500 engineering roles — roughly 5.2% of its engineering workforce — as part of an AI-driven restructuring strategy. The layoffs signal a broader shift toward AI-powered automation across its legal, tax, and compliance platforms, with investors responding positively to the cost discipline. Barclays maintained a Buy rating with a $140 price target, and GF Value analysis flagged the stock as undervalued even after the rally, adding to bullish sentiment.

5.1757

July 11, 2026Thomson Reuters closed modestly higher, outperforming the broader market as investor sentiment remains buoyed by the company's AI-driven legal technology momentum. Earlier in the week, shares surged over 5% after chief legal officers at major companies signaled that AI tools are empowering rather than replacing lawyers — a key demand signal for Thomson Reuters' legal research and workflow products. With Q2 2026 earnings scheduled for August 5, investors are watching closely for updates on subscription growth and AI integration progress, while mixed analyst views and a GF Value estimate suggesting significant undervaluation add further complexity to the investment case.

0.9458

July 10, 2026Thomson Reuters closed essentially unchanged as investors digested a mixed backdrop: a strong 5% surge earlier in the week driven by growing AI adoption among legal professionals — a core market for the company's legal technology products — gave way to modest consolidation. Looking ahead, the company confirmed its Q2 2026 earnings release for August 5, while Wells Fargo recently trimmed its price target to $85 (from $97), maintaining an Equal-Weight rating, reflecting cautious near-term valuation sentiment even as AI tailwinds remain a key long-term growth narrative.

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July 9, 2026Thomson Reuters shares declined about 2% on Wednesday, giving back a portion of Tuesday's strong 5% rally, as a broad market risk-off move weighed on the stock. President Trump declared the Iran ceasefire 'over,' sending oil prices surging over 5% and triggering widespread selling across business services and industrial stocks. The pullback came despite continued positive sentiment around Thomson Reuters' AI-driven legal technology platform, which drove Tuesday's surge after chief legal officers at major corporations said AI tools are empowering—not replacing—their lawyers. The company also announced its Q2 2026 earnings release is scheduled for August 5, with analysts maintaining an average price target of $124, well above current levels.

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July 8, 2026Thomson Reuters closed up 3.3%, outperforming a broadly mixed market, after chief legal officers from major companies including Toshiba Americas Group and Graybar Electric publicly stated that AI will empower rather than replace their in-house lawyers. The commentary, reported by Bloomberg Law, reinforced investor confidence in the long-term demand for Thomson Reuters' AI-powered legal products like Westlaw and CoCounsel, pushing the stock to its highest levels since early May.

3.3007

Ad Hoc News · July 16, 2026TRI stock trades steadily as Thomson Reuters reports higher revenue and earningsThomson Reuters · July 15, 2026Thomson Reuters and KKR Announce Joint Venture for Thomson Reuters Global Print BusinessPulse 2.0 · July 15, 2026Thomson Reuters Sells 51% Stake In Global Print Business To KKR For $500 MillionBloomberg · July 14, 2026Thomson Reuters to Sell Stake in Legal, Tax Business to KKRReuters · July 14, 2026Thomson Reuters to sell 51% stake in global print business to KKR for $500 millionSilicon Republic · July 14, 2026Thomson Reuters cuts 500 jobs as AI adoption deepensReuters · July 13, 2026Thomson Reuters to cut 'small number' of engineering jobsThomson Reuters · July 8, 2026Thomson Reuters Second Quarter 2026 Earnings Announcement and Webcast
Mt Newswire · July 14, 2026Thomson Reuters Sells 51% Stake in Global Print Business to KKR For $500 Million
Mt Newswire · July 14, 2026Thomson Reuters, KKR to Form $500 Million Global Print Joint Venture
Benzinga · July 14, 2026KKR To Acquire A 51% Stake In Thomson Reuters's Global Print Business For ~$500M
Benzinga · June 30, 2026Wells Fargo Maintains Equal-Weight on Thomson Reuters, Lowers Price Target to $85
Mt Newswire · June 26, 2026Thomson Reuters' Stock Pricing Reasonable Risk on Competition, Pricing Debates, RBC Says
Mt Newswire · June 18, 2026Thomson Reuters Shares Reflect Competition, Pricing Risks, RBC Says
Mt Newswire · June 2, 2026Thomson Reuters Building AI, Data Platform on Snowflake
Mt Newswire · May 12, 2026Thomson Reuters and Anthropic Expand Partnership to Connect Claude AI with CoCounsel Legal

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