Why Shares of Thomson Reuters Are Surging Today (Hint: It Has to do With Artificial Intelligence)
Key Points
Thomson Reuters issued a press release about the success of its artificial intelligence-powered legal assistant.
The stock has been crushed in recent months, swept up in the software sell-off.
- 10 stocks we like better than Thomson Reuters ›
Shares of the content and tech company Thomson Reuters Corp (NASDAQ: TRI) traded nearly 12% higher today, as of 11:42 a.m. ET. In a press release, the company announced that 1 million law professionals now use its artificial intelligence-powered legal solution, CoCounsel.
From AI concerns to AI success
Will AI create the world's first trillionaire? Our team just released a report on the one little-known company, called an "Indispensable Monopoly" providing the critical technology Nvidia and Intel both need. Continue »
Thomson Reuters' stock has been hammered over the past year, down nearly 49%. The company has been part of the software sell-off, driven by concerns that AI will be able to recreate software solutions much more quickly and using far fewer resources.
Image source: Getty Images.
Today, Thomson Reuters announced that its AI legal assistant CoCounsel is gaining traction. The tool can be used to conduct deeper research on legal matters, accelerate litigation work, and integrate with programs frequently used by legal professionals, such as Westlaw, Practical Law, and Microsoft 365.
In the press release, Thomson Reuters said CoCounsel taps into content refined over 175 years and leans on "expert-developed validation logic."
"Professionals are not deciding whether to use AI anymore. They are deciding which AI they trust when their reputation and their clients' data are on the line," Thomson Reuters President and CEO Steve Hasker said in a statement, stressing that customer data remains protected.
Picking through the software carnage
Interestingly, Thomson Reuters shares fell sharply after Anthropic announced new AI tools for legal professionals earlier this month. Now, the stock is rising, due to the success of one of its AI solutions.
Investors will be tempted to buy the dip in software stocks, but it's important to look for those that will adapt to changing times. Thomson Reuters is clearly adapting. However, the stock currently trades around 27 times trailing earnings.
That's well below its five-year average. The company grew adjusted earnings 4% in 2025 and had organic revenue growth of 7%. It's guiding for solid growth in 2026, but investors will need to determine the right multiple in a world where AI may break down barriers to entry.
I'm not entirely sure what that is in this new world, so it could take time for the market to digest companies in this position.
Should you buy stock in Thomson Reuters right now?
Before you buy stock in Thomson Reuters, consider this:
The Motley Fool Stock Advisor analyst team just identified what they believe are the 10 best stocks for investors to buy now… and Thomson Reuters wasn’t one of them. The 10 stocks that made the cut could produce monster returns in the coming years.
Consider when Netflix made this list on December 17, 2004... if you invested $1,000 at the time of our recommendation, you’d have $409,970!* Or when Nvidia made this list on April 15, 2005... if you invested $1,000 at the time of our recommendation, you’d have $1,174,241!*
Now, it’s worth noting Stock Advisor’s total average return is 889% — a market-crushing outperformance compared to 192% for the S&P 500. Don't miss the latest top 10 list, available with Stock Advisor, and join an investing community built by individual investors for individual investors.
See the 10 stocks »
*Stock Advisor returns as of February 24, 2026.
Bram Berkowitz has no position in any of the stocks mentioned. The Motley Fool has positions in and recommends Microsoft. The Motley Fool recommends Thomson Reuters. The Motley Fool has a disclosure policy.
Recommended Articles
