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Why Thomson Reuters Corp stock is skyrocketing today

By Wealth Awesome Newsroom -
Stocks & ETFs:TRI.TO

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Thomson Reuters Corp shares surged by 7.36% in the last trading session, reflecting strong investor confidence.

In a remarkable turn of events, Thomson Reuters Corp (TRI.TO) saw its stock price soar by 7.36% on the TSX, closing at CA$124.37. This substantial gain signals a positive sentiment among investors, likely driven by recent corporate developments and a robust financial outlook.

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Thomson Reuters Corp

TRI.TO

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TRI.TO

Thomson Reuters Corp

Source:WealthAwesomeWealthAwesome
$29.49 (-19.63%)
120 day period
$108.50$131.16$153.81Feb 2Apr 29Jul 23

Market cap

$52.70B

P/E

24.7x

Div. yield

2.01%

Div. / share

$2.48

52W high

$274.72

52W low

$107.10

1W change

-12.98%

Beta

0.17

Analyst Price Targets

Based on analyst covering TRI

📈

Wall Street analysts forecast TRI stock price to rise 43.7% over the next 12 months.

Consensus

Bullish

Based on avg. target vs last close (formal rating unavailable for Canadian listings)

Avg. Target

C$173.43

+43.7% Upside

Current Price

C$120.72

Last close

Analyst ratings and price targets are updated periodically. Not financial advice.

Wealth Awesome Price Forecast

WA Model

Statistical 90-day price range based on TRI's historical volatility

HistoricalForecast68%95%
C$60.29C$91.77C$123.25C$154.74C$186.22C$217.70TodayMar 17May 21Jul 23Sep 4Oct 18Nov 30

30-Day Vol

51.2%

Annualized

90-Day Vol

48.1%

Annualized

Trend (90d)

-14.5%

Annualized drift

90d Mean

C$114.62

Expected price

HorizonExpected68% Range (1σ)
30 trading daysC$118.65C$99.44C$141.58
60 trading daysC$116.62C$90.83C$149.71
90 trading daysC$114.62C$84.40C$155.64

Methodology: Range is calculated using 30-day realized volatility via geometric Brownian motion (log-normal model). 68% band = ±1σ, 95% band = ±2σ. This is a statistical model, not a prediction. Past volatility does not guarantee future results. Not financial advice.

Investor takeaway: Investors should consider the implications of Thomson Reuters' recent performance and strategic moves, including its share consolidation and return of capital, as these factors may enhance shareholder value moving forward.

Thomson Reuters Corp's stock jumps 7.36%

The market cap now stands at CA$50.57 billion, reflecting the company's strong position in the financial information sector.

Bull case

Thomson Reuters reported a strong revenue growth in Q1 2026, with total revenues up 10% and organic revenues up 8%. This shows the company’s resilience and potential for continued success. The increase in the annual dividend also highlights its commitment to returning value to shareholders.

Bear case

Despite the positive momentum, there are still potential risks to consider. Market volatility and economic conditions could impact future revenue growth. Investors should stay cautious and keep a close watch on the company's performance.

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Wealth Awesome Newsroom
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Wealth Awesome Newsroom

The Wealth Awesome Newsroom delivers timely Canadian market updates, earnings, dividends, and stock movers for DIY investors. Coverage is reviewed against public filings and market data feeds.

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✅ Reviewed by Certified Financial Professionals

This content has been reviewed by CFA® charterholders and Certified Financial Planners (CFP®) with over a decade of experience in Canadian financial markets. All information is fact-checked against official Canadian sources and regulations.

Why these credentials matter: CFA® charterholders complete 900+ hours of rigorous study in investment analysis and ethics. CFP® professionals are held to the highest standards of financial planning competency and fiduciary duty in Canada.

📊 Data AccuracyVerified sources
🇨🇦 Canadian FocusLocal expertise
🔍 Fact-CheckedEditorial review

⚠️ Professional Disclaimer

This content is for educational purposes only and should not be considered personalized financial advice. While our team brings professional expertise, individual circumstances vary. For personalized guidance, consult with a qualified financial advisor, tax professional, or mortgage specialist.

Published: July 2, 2026
Last Updated: July 2, 2026

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