Thomson Reuters shares rose 10.5% following the company's announcement that one million professionals across 107 countries have adopted CoCounsel, its professional-grade AI technology, as of February 24, 2026. The milestone reflects broader adoption across legal, risk, compliance, tax, accounting, audit and global trade sectors. This announcement came after Thomson Reuters reported fourth-quarter 2026 revenue growth and forecasted full-year 2026 revenue growth of 7.5% to 8%. The company's CEO stated the firm is seeing tangible benefits from AI investments. Additionally, Bank of America reinstated coverage of Thomson Reuters with a Neutral rating and $100 price target, citing an improved outlook for the Information Services sector. Thomson Reuters also announced a 10% dividend increase to $2.62 per common share.
Read full analysisThomson Reuters shares rose 10.5% following the company's announcement that one million professionals across 107 countries have adopted CoCounsel, its professional-grade AI technology, as of February 24, 2026. The milestone reflects broader adoption across legal, risk, compliance, tax, accounting, audit and global trade sectors. This announcement came after Thomson Reuters reported fourth-quarter 2026 revenue growth and forecasted full-year 2026 revenue growth of 7.5% to 8%. The company's CEO stated the firm is seeing tangible benefits from AI investments. Additionally, Bank of America reinstated coverage of Thomson Reuters with a Neutral rating and $100 price target, citing an improved outlook for the Information Services sector. Thomson Reuters also announced a 10% dividend increase to $2.62 per common share.
Thomson Reuters is a global content and technology company serving legal, tax, accounting, compliance, and risk professionals with data, software, and workflow tools. The company has been aggressively investing in AI through its CoCounsel platform, built on its 2023 acquisition of Casetext, which now serves one million users across 107 countries. Today's rally centers on that AI adoption milestone, directly addressing investor fears about competitive disruption that had driven the stock down roughly 30% earlier this year.