Morgan Stanley cuts target for Thomson Reuters stock to USD 110.00

Published on 10/18/2026 at 13:48 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Q2 revenue reached USD 1.95 billion, up 9.50 percent year over year. November 3, 2026 results give Thomson Reuters stock a USD 0.99 EPS benchmark.

AI concerns meet stronger results

Morgan Stanley cut its Thomson Reuters target to USD 110.00 from USD 116.00 on October 13, 2026.
Second-quarter revenue reached USD 1.95 billion, 9.50 percent above the prior-year quarter.
Thomson Reuters will release third-quarter 2026 results on November 3, 2026.

TRI, CA8849038812, Illustration mit AI erstellt.

Thomson Reuters (ISIN CA8849038812) faces a lower Morgan Stanley target of USD 110.00 after the bank cut its forecast from USD 116.00 on October 13, 2026. According to Markets Insider, Morgan Stanley retained an Equal Weight rating and said organic growth weakness could be attributed to artificial intelligence concerns.

Target cut tests AI thesis

The target reduction puts the debate around Thomson Reuters' AI investment against a concrete operating result. Morgan Stanley said the AI disruption debate had not materially changed from a fundamental standpoint, while its revised target reflects a more cautious earnings-preview view, according to Markets Insider.

What does Q2 growth mean?

Thomson Reuters delivered USD 1.95 billion in revenue in the second quarter of 2026, up 9.50 percent from USD 1.79 billion a year earlier. Adjusted earnings per share reached USD 0.99 versus USD 0.88, beating the USD 0.96 consensus estimate by USD 0.03, according to Zacks. The figures give investors a measurable counterweight to the AI concern behind the target cut.

Three dated company moves

On August 5, 2026, Thomson Reuters reported second-quarter revenue of USD 1.95 billion and adjusted earnings per share of USD 0.99, according to Zacks. On October 1, 2026, Thomson Reuters and KKR completed their Global Print joint venture, according to Thomson Reuters. On October 13, 2026, Morgan Stanley lowered its target to USD 110.00 from USD 116.00, as reported by Markets Insider.

Upcoming reporting date

Thomson Reuters is scheduled to release third-quarter 2026 earnings on November 3, 2026, at 8:30 a.m. EST, according to the company's investor-relations calendar published on September 29, 2026. The date gives the market its next scheduled test of organic growth, AI monetization and post-print-sale execution.

Nasdaq context and next step

Thomson Reuters closed at USD 109.01 on Nasdaq on October 16, 2026, at 4:00 p.m. EDT. Its market capitalization was USD 47.2 billion, while the 52-week range was USD 76.28 to USD 166.97 as of that date. The further course of trading is shown by the continuously updated real-time quote of Thomson Reuters stock.