Thomson Reuters Corporation (NYSE: TRI) is a multinational media conglomerate and information services company. Headquartered in Toronto, Canada, it provides professionals in legal, tax, accounting, and news industries with intelligence, technology, and expertise.
Key Takeaways:
- Thomson Reuters stock is expected to show consistent growth from 2024 to 2050.
- Technological advancements and market expansion are likely to drive the company’s value.
- Long-term investors may find TRI stock an attractive option for portfolio growth.
- The stock price is projected to reach $4700 by 2050, indicating significant potential for appreciation.
Overview of Thomson Reuters Corporation
Thomson Reuters has a rich history dating back to 1851 when Paul Julius Reuter founded his news agency in London. Over the years, the company has evolved through mergers and acquisitions, most notably the 2008 combination of Thomson Corporation and Reuters Group. This merger created a global powerhouse in information services, positioning the company as a leader in providing critical data and insights to professionals across various industries.
Thomson Reuters Company Profile
| Country | Canada |
| Ticker Symbol | TRI |
| Exchange | New York Stock Exchange |
| Founded | 2008 |
| IPO Date | 2002 |
| Industry | Media, Information Services |
| Sector | Professional Services |
| Employees | 25,600 |
| CEO | Steve Hasker |
| Market Cap (July 12, 2024) | $74.80 billion |
| Website | thomsonreuters |
Thomson Reuters Company (TRI) Balance Sheet Analysis
Thomson Reuters Corporation (NYSE: TRI) reported a robust balance sheet for 2023, with total assets of $18.7 billion, down from $21.7 billion in 2022. Total liabilities decreased to $7.6 billion from $9.8 billion, while total equity stood at $11.1 billion.
The company’s financial position remained strong, with common stock equity at $11.0 billion. Total debt saw a significant reduction to $3.5 billion from $5.0 billion in 2022, and net debt decreased to $2.1 billion, indicating improved debt management.
Working capital, though still negative, improved to -$312 million from -$2.1 billion in 2022. However, net tangible assets declined to -$56 million from $1.9 billion, suggesting potential challenges in tangible asset management.
Overall, Thomson Reuters maintained a solid financial foundation in 2023, marked by reduced debt levels and a strong equity base. The company’s ability to manage its liabilities while maintaining substantial assets positions it well for future growth and stability.
Balance Sheet Data Source: finance.yahoo
Thomson Reuters Corporation Stock Price History
Thomson Reuters Corporation (NYSE: TRI) had its IPO in the year 2002. Thomson Reuters (TRI) executed its only stock split on June 23, 2023, with a 963:1000 ratio. This reverse split reduced shareholders’ holdings, with one pre-split share becoming 0.963 shares post-split. The cumulative effect remains 0.963, as no other splits have occurred since.1
As of July 11, 2024, the stock price stands at $165.16.
TRI Stock Price Forecast 2024
For the remainder of 2024, we anticipate Thomson Reuters stock to continue its upward trend. The company’s focus on digital transformation and expansion of its AI-powered solutions is likely to drive growth. We project a potential increase of 5-7% by year-end.
Thomson Reuters is expected to benefit from increased demand for its legal and tax software solutions in 2024. The company’s investments in artificial intelligence and machine learning are likely to enhance its product offerings, attracting more clients and boosting revenue. Additionally, the ongoing digitalization trend in various industries should create new opportunities for growth.
| Year | Low Price | Average Price | High Price |
|---|---|---|---|
| 2024 | $135.16 | $172.59 | $180.02 |
TRI Stock Price Forecast 2025
In 2025, Thomson Reuters is expected to capitalize on the growing demand for data-driven decision-making tools. We forecast a growth rate of 8-10% for the year, pushing the stock price higher.
The year 2025 could see Thomson Reuters expanding its footprint in emerging markets, particularly in Asia and Latin America. This geographic diversification may help offset any potential slowdowns in mature markets. The company’s focus on developing cloud-based solutions is also expected to drive subscription revenue growth, potentially leading to improved profit margins and investor confidence.
| Year | Low Price | Average Price | High Price |
|---|---|---|---|
| 2025 | $178.37 | $186.40 | $194.42 |
TRI Stock Price Forecast 2026
The year 2026 could see Thomson Reuters further solidifying its position in emerging markets. With an estimated growth rate of 9-11%, the stock price is projected to climb steadily.
In 2026, Thomson Reuters may benefit from increased adoption of its regulatory and compliance solutions, driven by evolving global regulations. The company’s investments in blockchain technology could also start paying off, potentially revolutionizing how legal and financial documents are verified and shared. These innovations could give Thomson Reuters a competitive edge and boost investor enthusiasm.
| Year | Low Price | Average Price | High Price |
|---|---|---|---|
| 2026 | $194.42 | $203.31 | $212.20 |
TRI Stock Price Forecast 2027
As Thomson Reuters continues to innovate and expand its product offerings, we anticipate a growth rate of 10-12% in 2027. This could result in a significant increase in stock value.
2027 might see Thomson Reuters leveraging big data analytics to provide more personalized and predictive insights to its clients. The company’s news division could also see growth as demand for reliable, AI-verified information increases in an era of widespread misinformation. These factors, combined with potential strategic acquisitions, could drive substantial revenue growth and stock price appreciation.
| Year | Low Price | Average Price | High Price |
|---|---|---|---|
| 2027 | $213.86 | $223.64 | $233.42 |
TRI Stock Price Forecast 2028
2028 may see Thomson Reuters benefiting from increased global economic activity. We project a growth rate of 11-13%, reflecting the company’s strong market position.
By 2028, Thomson Reuters’ investments in quantum computing could start yielding results, potentially revolutionizing its data processing capabilities. This could lead to faster, more accurate insights for clients across all sectors. The company might also benefit from increased demand for ESG (Environmental, Social, and Governance) data and analytics, as sustainability becomes a key focus for businesses worldwide.
| Year | Low Price | Average Price | High Price |
|---|---|---|---|
| 2028 | $237.39 | $248.24 | $259.10 |
TRI Stock Price Forecast 2029
In 2029, Thomson Reuters is likely to see continued growth in its core markets. We estimate a 12-14% increase in stock price for the year.
2029 could be a year of significant technological breakthroughs for Thomson Reuters. The company’s ongoing research into natural language processing and advanced AI could result in more intuitive, conversational interfaces for its products. This could dramatically improve user experience and productivity, potentially leading to higher customer retention rates and new client acquisitions, thus boosting revenue and stock price.
| Year | Low Price | Average Price | High Price |
|---|---|---|---|
| 2029 | $265.87 | $278.03 | $290.19 |
TRI Stock Price Forecast 2030
As we enter a new decade, Thomson Reuters is poised for strong performance. We forecast a growth rate of 13-15% for 2030, marking a significant milestone in the stock’s value.
By 2030, Thomson Reuters could be at the forefront of the ‘Internet of Things’ (IoT) revolution in professional services. The company might introduce innovative solutions that integrate real-time data from various sources, providing unprecedented insights to legal, tax, and corporate professionals. This could open up new revenue streams and solidify Thomson Reuters’ position as an indispensable tool for businesses.
| Year | Low Price | Average Price | High Price |
|---|---|---|---|
| 2030 | $300.43 | $313.97 | $327.51 |
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TRI Stock Price Forecast 2031
2031 could see Thomson Reuters leveraging advanced technologies to enhance its services. We project a growth rate of 14-16% for the year.
In 2031, Thomson Reuters might make significant strides in augmented reality (AR) and virtual reality (VR) applications for professional services. These technologies could transform how legal professionals conduct research, how financial analysts visualize data, or how journalists report news. Such innovations could give Thomson Reuters a significant competitive advantage and drive substantial growth in user engagement and revenue.
| Year | Low Price | Average Price | High Price |
|---|---|---|---|
| 2031 | $342.49 | $358.13 | $373.77 |
TRI Stock Price Forecast 2032
In 2032, Thomson Reuters may experience accelerated growth due to expansion into new markets. We estimate a 15-17% increase in stock price.
2032 might see Thomson Reuters making significant inroads into the education sector. The company could leverage its vast information resources and AI capabilities to create adaptive learning platforms for law schools, business schools, and professional development programs. This expansion into a new market segment could open up substantial growth opportunities and diversify the company’s revenue streams.
| Year | Low Price | Average Price | High Price |
|---|---|---|---|
| 2032 | $393.86 | $411.85 | $429.83 |
TRI Stock Price Forecast 2033
2033 could be a year of strong performance for Thomson Reuters, with a projected growth rate of 16-18%.
By 2033, Thomson Reuters might be pioneering the use of advanced robotics and automation in content creation and data analysis. This could significantly enhance the company’s productivity and the depth of insights it provides to clients. Additionally, Thomson Reuters’ long-term investments in sustainable technologies could start paying dividends, both in terms of operational efficiency and market perception.
| Year | Low Price | Average Price | High Price |
|---|---|---|---|
| 2033 | $456.88 | $477.94 | $498.99 |
TRI Stock Price Forecast 2034
As Thomson Reuters continues to innovate and adapt to market needs, we anticipate a growth rate of 17-19% in 2034.
In 2034, Thomson Reuters could be at the forefront of integrating human expertise with artificial intelligence, creating hybrid systems that combine the best of both worlds. This could revolutionize decision-making processes in legal, financial, and corporate sectors. The company might also expand its services to include predictive analytics for geopolitical events, further enhancing its value proposition to global corporations.
| Year | Low Price | Average Price | High Price |
|---|---|---|---|
| 2034 | $534.55 | $559.19 | $583.83 |
TRI Stock Price Forecast 2035
2035 may see Thomson Reuters achieving new milestones in its business growth. We project an 18-20% increase in stock price.
By 2035, Thomson Reuters could be leveraging quantum computing at scale, providing unparalleled data processing capabilities to its clients. This could enable real-time analysis of vast datasets, offering insights that were previously impossible to obtain. The company might also play a pivotal role in developing global standards for AI ethics and data privacy, further cementing its position as a trusted industry leader.
| Year | Low Price | Average Price | High Price |
|---|---|---|---|
| 2035 | $630.77 | $659.85 | $688.92 |
TRI Stock Price Forecast 2036
In 2036, Thomson Reuters is likely to benefit from its long-term strategies. We estimate a growth rate of 19-21% for the year.
2036 could see Thomson Reuters expanding into new frontiers, possibly including space-based data collection and analysis. As commercial space activities increase, there might be growing demand for specialized legal, regulatory, and business intelligence services in this sector. Thomson Reuters’ ability to adapt its core competencies to this new domain could open up exciting growth opportunities.
| Year | Low Price | Average Price | High Price |
|---|---|---|---|
| 2036 | $750.62 | $785.22 | $819.82 |
TRI Stock Price Forecast 2037
2037 could be another strong year for Thomson Reuters stock, with a projected growth rate of 20-22%.
By 2037, Thomson Reuters might be pioneering the use of brain-computer interfaces for information access and analysis. This cutting-edge technology could revolutionize how professionals interact with data and make decisions. The company’s continued focus on innovation and its ability to anticipate and meet evolving client needs could drive substantial growth and market share expansion.
| Year | Low Price | Average Price | High Price |
|---|---|---|---|
| 2037 | $900.74 | $942.26 | $983.78 |
TRI Stock Price Forecast 2038
As Thomson Reuters continues to expand its global footprint, we anticipate a growth rate of 21-23% in 2038.
In 2038, Thomson Reuters could be at the forefront of developing AI systems capable of creative problem-solving in legal and financial domains. This could significantly enhance the value of its services to clients. The company might also play a crucial role in establishing global standards for the integration of AI in professional services, further solidifying its industry leadership.
| Year | Low Price | Average Price | High Price |
|---|---|---|---|
| 2038 | $1089.90 | $1140.14 | $1190.38 |
TRI Stock Price Forecast 2039
2039 may see Thomson Reuters leveraging new technologies to drive growth. We project a 22-24% increase in stock price.
By 2039, Thomson Reuters could be pioneering the use of holographic interfaces for data visualization and analysis. This immersive technology could transform how professionals interact with complex information, potentially revolutionizing fields like legal research and financial analysis. The company’s ability to stay at the cutting edge of technology could drive significant value creation for clients and shareholders alike.
| Year | Low Price | Average Price | High Price |
|---|---|---|---|
| 2039 | $1329.68 | $1390.97 | $1452.26 |
TRI Stock Price Forecast 2040
As we approach 2040, Thomson Reuters is expected to maintain its growth momentum. We estimate a growth rate of 23-25% for the year.
In 2040, Thomson Reuters might be leveraging advanced biotechnology to create new interfaces between human cognition and digital information systems. This could lead to unprecedented levels of information processing and decision-making capabilities for professionals in various fields. The company’s continued focus on pushing the boundaries of technology in information services could drive substantial growth and market leadership.
| Year | Low Price | Average Price | High Price |
|---|---|---|---|
| 2040 | $1635.51 | $1711.12 | $1786.73 |
TRI Stock Price Forecast 2050
Looking ahead to 2050, we project Thomson Reuters stock to reach new heights. With continued innovation and market leadership, the stock price is forecasted to hit $4700.
By 2050, Thomson Reuters could be at the forefront of integrating human intelligence with artificial general intelligence, potentially revolutionizing how complex professional tasks are performed. The company might also play a crucial role in developing ethical frameworks for the use of advanced AI in sensitive areas like law and finance. These developments, coupled with Thomson Reuters’ long history of adaptation and innovation, could drive significant long-term value for shareholders.
| Year | Low Price | Average Price | High Price |
|---|---|---|---|
| 2050 | $4465.00 | $4700.00 | $4935.00 |
Conclusion
Our analysis suggests that Thomson Reuters Corporation (NYSE: TRI) stock has significant growth potential over the next three decades. We project the stock to reach $4700 by 2050, representing a compound annual growth rate (CAGR) of approximately 11.5%.
This growth forecast is based on several factors, including Thomson Reuters’ strong market position, ongoing digital transformation, and expansion into emerging markets. The company’s focus on innovation and ability to adapt to changing market dynamics are expected to drive long-term value creation for shareholders.
FAQs
1. What is the future of TRI share price?
The future of Thomson Reuters Corporation (TRI) share price looks promising, with consistent growth projected from 2024 to 2050. Our analysis suggests a steady increase in value, driven by factors such as technological advancements, market expansion, and continued innovation in information services.
2. What is the TRI share prediction for 2030?
According to our forecast, the TRI share price in 2030 is expected to be in the range of:
- Low Price: $300.43
- Average Price: $313.97
- High Price: $327.51
This represents a significant increase from the 2024 price of $165.16, with a projected growth rate of 13-15% for 2030.
3. What is the TRI 10 year outlook?
The 10-year outlook for TRI (from 2024 to 2034) appears strong. Our projections show the stock price increasing from $165.16 in 2024 to a range of $534.55 – $583.83 by 2034. This represents substantial growth over the decade, driven by continued innovation, expansion into new markets, and leveraging of advanced technologies.
4. Is TRI a buy, hold, or sell?
Thomson Reuters Corporation (TRI) could be considered a potential “hold” or even a “buy” for investors with a long-term investment horizon and a moderate to high risk tolerance. The forecast shows steady year-over-year growth from 2024 to 2050, indicating potential for long-term value appreciation.
5. Who are the major competitors of TRI?
Some of the major competitors of Thomson Reuters Corporation include:
- Bloomberg L.P.
- RELX Group (LexisNexis)
- Wolters Kluwer
- S&P Global
- Factset
- Dow Jones & Company
- Moody’s Corporation
- IHS Markit (now part of S&P Global)
- Refinitiv (formerly the Financial & Risk business of Thomson Reuters, now part of London Stock Exchange Group)
Disclaimer:
The stock price predictions provided herein are based on historical data, current market trends, and analysis. However, past performance does not guarantee future results. Stock markets are inherently volatile and subject to numerous economic, political, and market factors that can cause rapid and unpredictable fluctuations in stock prices. The information provided is for educational and informational purposes only and should not be construed as financial advice. It is strongly recommended that you consult with a qualified financial advisor before making any investment decisions. Invest responsibly and consider your individual financial situation, risk tolerance, and investment objectives before acting on any information provided.
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