Powell speech takes center stage in Tuesday’s economic events
Thomson Reuters Corp stock reached a new 52-week low, touching 149.76 USD, with technical indicators from InvestingPro suggesting the stock is in oversold territory. The company maintains a "GOOD" Financial Health score and has maintained dividend payments for 37 consecutive years. This milestone reflects a challenging period for the company, as the stock has experienced a 9.81% decline over the past year. While analysts maintain price targets ranging from $170 to $240, the drop underscores the market’s response to various factors impacting the company’s performance and investor sentiment. InvestingPro analysis reveals 14+ additional key insights about Thomson Reuters’ valuation and prospects. As Thomson Reuters navigates these challenges, market observers will be keen to see how the company adapts its strategies to regain investor confidence and stabilize its stock performance. With the next earnings report due on November 4, investors can access comprehensive analysis through the detailed Pro Research Report available on InvestingPro.
In other recent news, Thomson Reuters reported its Q2 2025 financial results, highlighting a 7% organic revenue growth and an adjusted earnings per share (EPS) of $0.87, which slightly surpassed last year’s figures. This performance was driven by advancements in AI-enabled products. Additionally, Thomson Reuters announced a $1 billion share repurchase program, approved by the Toronto Stock Exchange, which allows the company to buy back up to 10 million common shares, or approximately 2.22% of its issued and outstanding shares, by August 2026. The company also established an automatic share purchase plan (ASPP) to facilitate these repurchases during blackout periods.
In another development, Wells Fargo upgraded Thomson Reuters’ stock from Equal Weight to Overweight, citing potential benefits from artificial intelligence that could enhance pricing power and wallet share. The financial firm increased its price target for the company to $212.00 from $187.00. These recent developments indicate a strategic focus on leveraging AI and optimizing shareholder value through stock repurchases.
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