THOMSON REUTERS CORP (TRI.CA) Forecast, Price Target & Analyst Ratings

TSX:TRI • CA8849038085

Current stock price

126.89 CAD
+2.63 (+2.12%)
Last:

Analyst forecast overview

View the latest analyst price targets, stock forecast, EPS estimates, revenue projections, revisions, full estimates, rating distribution and upgrades/downgrades for THOMSON REUTERS CORP (TRI.CA).

Forecast Snapshot

Consensus Price Target

Price Target
CA$132.34
+ 4.29% Upside
→ Price target details

Next Earnings Forecast

Earnings Estimate
Release Date
Apr 29, 2026
Period
Q1 / 2026
EPS Estimate
$1.21
Revenue Estimate
2.064B
→ Full earnings forecast details

ChartMill Buy Consensus

Rating
77.14%
Weighted Analyst Rating Score
→ Analyst Ratings details

Price Target Details & History

Consensus Price Target and Range

Mean target
CA$132.34
Upside
+ 4.29%
From current price of CA$126.89 to mean target of CA$132.34, Based on 21 analyst forecasts
Low
CA$82.63
Median
CA$128.52
High
CA$220.50

Price Target Revisions

1 Month
-22.64%
3 Months
-27.23%

Price Target Summary

21 Wall Street analysts provided a forecast for the next 12 months for TRI.CA. The average price target is 132.34 CAD. This implies a price increase of 4.29% is expected in the next year compared to the current price of 126.89.
The average price target has been revised downward by 27.23% in the past 3 months.
→ Find peer stocks trading 30% below analyst price target

Analyst Ratings & History

Current Analyst Ratings

TRI Current Analyst RatingTRI Current Analyst Buy, Sell and Hold Ratings.Current Analyst Rating Strong Buy Buy Hold Sell Strong Sell 2 4 6 8 10

Analyst Ratings History

TRI Historical Analyst RatingsTRI Historical Analyst Buy, Sell and Hold Ratings and number of analysts.Historical Monthly Analyst Rating -19 -17 -15 -13 -11 -9 -7 -5 -3 -1 5 10 15 20

Analyst Ratings Consensus

ChartMill Buy Consensus
77.14%
TRI.CA was analyzed by 21 analysts. The buy percentage consensus is at 77. So analysts seem to be have mildly positive about TRI.CA.
In the previous month the buy percentage consensus was at a similar level.
TRI.CA was analyzed by 21 analysts, which should be a sufficient number of analysts to have a meaningful average consensus rating.
→ Find peer stocks with a buy consensus above 85%

Recent Upgrades & Downgrades

DateFirmActionFrom → To
2025-09-16National Bank FinancialMaintains Outperform -> Outperform
2022-12-14TD ResearchUpgrade Buy
2022-12-01BNP ParibasDowngrade Sell
2022-11-02BMO FinancialUpgrade
2022-11-02CIBC Capital MarketsUpgrade Hold
2022-11-01STA ResearchReiterate Hold
2022-10-13Bank of America SecuritiesUpgrade
2022-10-13Bank of AmericaUpgrade
2022-09-12BMO FinancialDowngrade
2022-08-23STA ResearchMaintains Hold
2022-08-05JP Morgan & CompanyUpgrade Buy
2022-08-05RBC RoyalbankUpgrade Outperform
2022-08-05BMO FinancialUpgrade Outperform
2022-08-05Canaccord CapitalUpgrade Outperform
2022-08-05STA ResearchMaintains Hold
2022-07-12National Bank of Canada FinancialMaintains Outperform
2022-06-14CIBC Capital MarketsUpgrade Outperform
2022-06-01MorningstarUpgrade Hold
2022-05-05JP Morgan & CompanyInitiate Buy
2022-03-29MorningstarUpgrade Hold
2022-02-09RBC RoyalbankDowngrade Outperform
2022-02-09BMO FinancialInitiate Outperform
2022-02-09Canaccord CapitalInitiate Buy
2022-02-09Scotiabank CapitalMaintains Sector Perform
2022-02-01CIBC Capital MarketsMaintains Neutral

Next Earnings Forecast Details

Next Earnings Details

Release Date
Apr 29, 2026
Period
Q1 / 2026
EPS Estimate
$1.21
Revenue Estimate
2.064B
Revenue Q2Q
8.63%
EPS Q2Q
7.68%
Number of Analysts
15

Next Earnings Revisions

Revenue (1 Month)
-0.05%
Revenue (3 Months)
-0.48%
EPS (1 Month)
0.12%
EPS (3 Months)
-5.34%

Next Earnings Summary

TRI.CA is expected to report earnings on 4/29/2026. The consensus EPS estimate for the next earnings is 1.21 CAD and the consensus revenue estimate is 2.06B CAD.
The next earnings revenue estimate has been revised downward by 0.48% in the past 3 months.
→ Find peers expecting at least 20% revenue growth next quarter

Full Analyst Estimates 2026 - 2030

Yearly Earnings Per Share (EPS), Revenue, EBIT, EBITDA and Operating Margin Analyst Estimates

2023 2024 2025 2026 2027 2028 2029 2030
Revenue
YoY % growth
TRI.CA revenue by date.TRI.CA revenue by date.
6.794B
2.52%		7.258B
6.83%		7.476B
3.00%		8.139B
8.87%		8.778B
7.85%		9.51B
8.34%		10.409B
9.45%		N/A
EBITDA
YoY % growth
TRI.CA ebitda by date.TRI.CA ebitda by date.
2.675B
14.91%		2.931B
9.57%		2.919B
-0.41%		3.267B
11.92%		3.613B
10.59%		3.98B
10.16%		4.371B
9.82%		4.802B
9.86%
EBIT
YoY % growth
TRI.CA ebit by date.TRI.CA ebit by date.
1.95B
21.57%		2.109B
8.15%		1.989B
-5.69%		2.449B
23.13%		2.757B
12.58%		3.083B
11.82%		N/AN/A
Operating Margin
TRI.CA operating margin by date.TRI.CA operating margin by date.
28.70%29.06%26.61%30.09%31.41%32.42%N/AN/A
EPS
YoY % growth
TRI.CA eps by date.TRI.CA eps by date.
3.49
31.44%		3.77
8.00%		3.91
3.71%		4.46
14.05%		5.12
14.85%		5.90
15.17%		6.13
3.94%		N/A

All data in USD

Quarterly Earnings Per Share (EPS), Revenue, EBIT and EBITDA Analyst Estimates

Q1 / 26 Q2 / 26 Q3 / 26 Q4 / 26 Q1 / 27 Q2 / 27 Q3 / 27 Q4 / 27
EPS
Q2Q % growth		1.21
7.68%		1.02
16.96%		1.00
17.43%		1.25
17.05%		1.39
15.42%		1.17
14.96%		1.14
14.04%		1.46
16.50%
Revenue
Q2Q % growth		2.064B
8.63%		1.944B
8.91%		1.944B
9.09%		2.199B
9.46%		2.233B
8.19%		2.101B
8.08%		2.096B
7.82%		2.372B
7.87%
EBITDA
Q2Q % growth		870.27M
9.33%		766.15M
-14.78%		753.67M
-33.13%		889.85M
-39.42%		965.56M
10.95%		846.38M
10.47%		828.2M
9.89%		978.69M
9.98%
EBIT
Q2Q % growth		665.69M
16.79%		566.99M
27.99%		553.57M
26.68%		677.95M
25.78%		792.85M
19.10%		672.66M
18.64%		654.48M
18.23%		805.98M
18.88%

All data in USD

Yearly Earnings Per Share (EPS) and Revenue Trends vs Historical Data

TRI.CA Yearly Revenue VS EstimatesTRI.CA Yearly Revenue VS EstimatesYearly Revenue VS Estimates 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029 2B 4B 6B 8B 10B
TRI.CA Yearly EPS VS EstimatesTRI.CA Yearly EPS VS EstimatesYearly EPS VS Estimates 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029 2 4 6

Long Term Forward Growth Forecast Summary

Long Term EPS Growth (CAGR)

EPS Next 3 Year
14.69%
EPS Next 5 Year
11.90%

Long Term Revenue Growth (CAGR)

Revenue Next 3 Year
7.99%
Revenue Next 5 Year
8.36%

Long Term EBIT Growth (CAGR)

EBIT Next 3 Year
20.42%
EBIT Next 5 Year
16.07%
→ Find peers expecting at least 20% CAGR revenue growth over the next 3 years

THOMSON REUTERS CORP / TRI.CA Forecast FAQ

What is the price target for TRI stock?

21 analysts have analysed TRI.CA and the average price target is 132.34 CAD. This implies a price increase of 4.29% is expected in the next year compared to the current price of 126.89.

What is the next earnings date for TRI stock?

THOMSON REUTERS CORP (TRI.CA) will report earnings on 2026-04-29.

Can you provide the consensus estimates for THOMSON REUTERS CORP next earnings?

The consensus EPS estimate for the next earnings of THOMSON REUTERS CORP (TRI.CA) is 1.21 CAD and the consensus revenue estimate is 2.06B CAD.

Can you provide the expected long term growth rate for THOMSON REUTERS CORP stock?

The expected long term growth rate for THOMSON REUTERS CORP (TRI.CA) is 7.99%.