Thomson Reuters shares jump as CoCounsel AI reaches 1 million users

Thomson Reuters Corporation (TRI) is up 11.5% today. Here is some analysis on what might have caused this price movement.

Analysis: The most likely catalyst is a company announcement that its CoCounsel “professional-grade” AI has reached one million users, signaling faster-than-expected adoption and a clearer monetization path for its AI strategy. The news also appears to have helped sentiment after a recent sell-off tied to investor concerns about how generative AI could disrupt software and information-service businesses.

Details:

Thomson Reuters announced that one million professionals across 107 countries and territories are now using CoCounsel across legal, tax, audit, compliance, and global trade workflows.

The company framed the milestone as evidence that regulated industries are moving from AI pilots to production deployments, with emphasis on citation-backed outputs, expert validation, and data-protection controls.

The release previewed a next-generation CoCounsel Legal experience expected to enter beta soon, with additional CoCounsel Tax and ONESOURCE+ enhancements planned for later in 2026.

Recent filings and earnings materials outlined continued investment in AI capabilities alongside shareholder returns (including a higher dividend and meaningful free-cash-flow guidance), which may have amplified the market’s reaction to the adoption milestone.

Sources:

Thomson Reuters, SEC

Disclaimer: This price movement analysis was generated with the help of AI. Please double-check the information provided for mistakes.

$TRI Hedge Fund Activity

We have seen 228 institutional investors add shares of $TRI stock to their portfolio, and 344 decrease their positions in their most recent quarter.

Here are some of the largest recent moves:

1832 ASSET MANAGEMENT L.P. added 3,454,085 shares (+191.9%) to their portfolio in Q4 2025, for an estimated $455,559,270
HRT FINANCIAL LP removed 1,388,588 shares (-100.0%) from their portfolio in Q3 2025, for an estimated $215,689,374
CANADA PENSION PLAN INVESTMENT BOARD added 806,625 shares (+582.1%) to their portfolio in Q4 2025, for an estimated $106,385,771
CONNOR, CLARK & LUNN INVESTMENT MANAGEMENT LTD. removed 785,970 shares (-38.4%) from their portfolio in Q4 2025, for an estimated $103,661,583
MORGAN STANLEY added 665,743 shares (+31.2%) to their portfolio in Q4 2025, for an estimated $87,804,844
BLACKROCK, INC. removed 533,819 shares (-28.3%) from their portfolio in Q4 2025, for an estimated $70,405,387
JPMORGAN CHASE & CO removed 502,243 shares (-39.7%) from their portfolio in Q4 2025, for an estimated $66,240,829

To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard.

$TRI Government Contracts

We have seen $150,000 of award payments to $TRI over the last year.

Here are some of the awards which we have have seen pay out the most over the last year:

REUTERS COMPLETE NEWSWIRE: $150,000

To track government contracts to publicy traded companies, check out Quiver Quantitative's government contracts dashboard.

$TRI Analyst Ratings

Wall Street analysts have issued reports on $TRI in the last several months. We have seen 2 firms issue buy ratings on the stock, and 0 firms issue sell ratings.

Here are some recent analyst ratings:

CIBC issued a "Outperformer" rating on 10/29/2025
Wells Fargo issued a "Overweight" rating on 09/09/2025

To track analyst ratings and price targets for $TRI, check out Quiver Quantitative's $TRI forecast page.

$TRI Price Targets

Multiple analysts have issued price targets for $TRI recently. We have seen 8 analysts offer price targets for $TRI in the last 6 months, with a median target of $141.0.

Here are some recent targets:

Drew McReynolds from RBC Capital set a target price of $126.0 on 02/10/2026
George Tong from Goldman Sachs set a target price of $111.0 on 02/09/2026
Andrew Steinerman from JP Morgan set a target price of $100.0 on 02/06/2026
Jason Haas from Wells Fargo set a target price of $120.0 on 02/06/2026
Maher Yaghi from Scotiabank set a target price of $156.0 on 02/06/2026
Robert Bek from CIBC set a target price of $183.0 on 01/16/2026
Toni Kaplan from Morgan Stanley set a target price of $165.0 on 12/17/2025

This article is not financial advice. See Quiver Quantitative's disclaimers for more information. Note that there may be inaccuracies due to mistakes in ticker-mapping, and other anomalies.