Thomson Reuters Corp vs Zscaler Inc — how do they compare? Thomson Reuters Corp trades at $101.87 (market cap $45.38B), while Zscaler Inc trades at $176.88 (market cap $28.87B). The key difference: Thomson Reuters Corp is the larger of the two by market cap, and Thomson Reuters Corp pays a 2.5% dividend while Zscaler Inc pays none. Which is the better fit depends on your goals.
| TRI | ZS | |
|---|---|---|
Market Cap | $45.38B | $28.87B |
Sector | Industrials | Technology |
52-Week High | $178.77 | $336.27 |
52-Week Low | $76.55 | $118.05 |
Enterprise Value | $48.00B | $27.20B |
Dividend Yield | 2.5% | — |
Signals from Pluang's Aura AI — not financial advice
Thomson Reuters (TRI) trades at $102.46, down 1.82% on the day, with a bullish technical signal supported by moving averages. The company reported Q2 2026 EPS of $0.99, beating estimates, and raised full-year revenue guidance, driven by 8% organic growth in its Legal, Corporates, and Tax segments. Valuation metrics show a P/E of 27.61 and net income margin of 21.22%, with strong profitability and a dividend yield supported by recent $0.66 payouts.
Outlook remains positive due to robust recurring revenue and AI-driven product momentum, though risks include execution challenges in technology integration and competitive pressures. Analysts project a 29.8% upside to the consensus price target of $124.00, with 52% recommending Buy. Investors should weigh solid fundamentals against macroeconomic and sector-specific headwinds.
Zscaler (ZS) trades at $176.11, showing modest daily movement. The stock exhibits a bullish technical trend with strong analyst support, evidenced by 42 buy ratings and a consensus price target of $191.81. Recent earnings consistently beat expectations, with Q1 2026 EPS of $1.08 surpassing the $1.01 forecast. Revenue growth is robust, increasing from $1.1B in 2022 to $2.67B in 2025, though the company remains unprofitable with a net income margin of -2.44%.
The outlook is positive due to strong revenue growth, leadership in cloud security, and bullish analyst sentiment. Key risks include persistent unprofitability, high valuation multiples like a P/S of 8.94, and competitive pressures in the cybersecurity sector. The upcoming Q2 2026 earnings report on September 3, 2026, will be critical for validating growth trajectory and investor confidence.
Trailing returns across standard periods
Latest headlines on both assets
Thomson Reuters is the result of the $17.6 billion megamerger of Canada's Thomson and the United Kingdom's Reuters Group in 2008 and the 2018 carve-out of its finance and risk business, Refinitiv, in which it holds a 45% stake. In 2019, the company agreed to exchange its 45% stake in Refinitiv for a 15% stake in LSE, which closed in early 2021. Since the divestiture, the company is more concentrated on selling its flagship legal data and software, Westlaw, and its tax accounting software, Onesource. Reuters sees roughly 80% of revenue and 70% of expenses attributed to the United States, while the remainder (largely through the global print and Reuters News segments) is distributed across Latin America, Europe, the Middle East, Africa, and Asia-Pacific.
Read more on TRI →Zscaler is a security-as-a-service firm that offers its customers cloud-delivered solutions for protecting user devices and data. The firm leverages its position in 150 colocation data centers to deliver traditionally appliance-based security functionality, such as firewalls and sandboxes, as a completely cloud-native platform. The firm focuses on large enterprise customers and offers two primary product suites: Zscaler Internet Access, which securely connects users to externally managed application and websites (such as Salesforce and Google), and Zscaler Private Access, which securely connects users to internally managed applications. Both product suites encompass a broad gamut of capabilities situated across the traditional security stack.
Read more on ZS →