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Thomson Reuters (TRI) Delivers Growth, Earns Analyst Upgrade

Thomson Reuters Corporation (NYSE:TRI) is one of the best foreign stocks to buy right now. On February 10, RBC Capital analyst Drew McReynolds upgraded Thomson Reuters Corporation (NYSE:TRI) from Sector Perform to Outperform. He also kept the $126 price target unchanged.

According to the analyst, the upgrade is related to the stock’s sharp drop in the previous week, which was triggered by a broad selloff in software and services stocks. This was partly due to Anthropic’s launch of a legal plug-in for its Claude AI tool on January 30, 2026, which raised fears of disruption in legal services, said McReynolds.

McReynolds views Thomson Reuters’ pullback from the slump as creating an asymmetric set-up now to the upside. However, he acknowledged more complex total addressable market and market share equations for Thomson Reuters with agentic AI.

Key to McReynolds’s optimism is AI’s role, particularly “agentic AI,” which could change how legal and tax services work. This could lead to a higher potential growth ceiling over the next several years but also a wider range of outcomes, noted McReynolds.

The analyst highlighted Thomson Reuters’ current valuation at about 12.5 times forward EV/EBITDA as better reflecting both the opportunities and risks tied to AI. He added that potential catalysts include the company separating itself from the broader AI disruption narrative, and continued expansion of the market for legal and tax services.

Thomson Reuters Corporation (NYSE:TRI) is a Canadian company that provides news, information, and technology solutions to professionals in legal, tax, accounting, compliance, and media industries worldwide. Its flagship platforms, such as Westlaw and Reuters News, are widely used by corporations, governments, and institutions to access critical data and insights.

While we acknowledge the potential of Thomson Reuters Corporation (NYSE:TRI) as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an AI stock that is more promising than TRI and that has 100x upside potential, check out our report about the cheapest AI stock.

READ NEXT: 11 Best AI Penny Stocks to Buy Right Now and 13 Best Affordable Tech Stocks to Buy Right Now.

Disclosure: None. This article is originally published at Insider Monkey.

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When Jeff Bezos said that one breakthrough technology would shape Amazon’s destiny, even Wall Street’s biggest analysts were caught off guard.

Fast forward a year and Amazon’s new CEO Andy Jassy described generative AI as a “once-in-a-lifetime” technology that is already being used across Amazon to reinvent customer experiences.

At the 8th Future Investment Initiative conference, Elon Musk predicted that by 2040 there would be at least 10 billion humanoid robots, with each priced between $20,000 and $25,000.

Do the math. According to Musk, this technology could be worth $250 trillion by 2040.

Put another way, that’s roughly equal to:

  • 175 Teslas
  • 107 Amazons
  • 140 Metas
  • 84 Googles
  • 65 Microsofts
  • And 55 Nvidias

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Even if that $250 trillion figure sounds ambitious, major firms like PwC and McKinsey still see AI unlocking multi-trillion-dollar potential.

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  • Bill Gates sees artificial intelligence as the “biggest technological advance in my lifetime,” more transformative than the internet or personal computer, capable of improving healthcare, education, and addressing climate change.
  • Larry Ellison — through Oracle, is spending billions on Nvidia chips and partnering with Cohere to embed generative AI across Oracle’s cloud and apps.
  • Warren Buffett — not known for tech hype — says this breakthrough could have a ‘hugely beneficial social impact.

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