Thomson Reuters Price Target Rises to $115 on 9% Q4 Growth, 33rd Dividend Hike
Bank of America lifted Thomson Reuters’ price target to $115 from $100, retaining a Neutral rating while highlighting Q4 2025 organic revenue growth of 9% and guiding 7.5%–8.0% growth for full-year 2026. The company delivered free cash flow of $1.95 billion and announced its 33rd consecutive annual dividend increase.
1. BofA Raises Price Target
Bank of America lifted its price target on Thomson Reuters to $115 from $100 while maintaining a Neutral rating, citing confidence in durable high-single-digit revenue growth, margin expansion and potential accretive acquisitions ahead of the management fireside chat scheduled later this quarter.
2. Q4 Results and 2026 Outlook
Thomson Reuters reported 9% organic revenue growth in Q4 2025, generated $1.95 billion in free cash flow (up 10.7% year-over-year) and outlined guidance for 7.5%–8.0% organic revenue growth and approximately $2.1 billion in free cash flow for full-year 2026.
3. Options Market Activity
Recent options market data shows elevated trading volume, with call open interest rising sharply relative to puts, suggesting investors are positioning for potential share-price moves around key events this quarter.