Thomson Reuters to Benefit From New AI Product Pipeline -- Market Talk

1501 ET - Thomson Reuters' new AI product rollout will drive faster long-term revenue growth than previously thought, says TD Cowen's Vince Valentini. In a report, the analyst notes new products either recently launched such as the new version of CoCounsel or still in development, like its proprietary LLM, called Thomson. Then there's Brief Builder for legal, which is coming soon. "We believe the legal TAM [total addressable market] growth rate is accelerating," he says, estimating a 10%-13% growth over the next few years. Valentini sees "TRI being able to keep pace with this market growth." As a result, Valentini raised his consolidated organic revenue growth to 9.0% in 2027 and 9.4% in 2028, up from his previous estimate of 8.3% and 8.4%, respectively. (adriano.marchese@wsj.com)

(END) Dow Jones Newswires

September 23, 2026 15:01 ET (19:01 GMT)