RELX Plc: Legal And STM Accelerate As Valuation Got Cheaper

RELX Plc (RELX) maintains robust high-single-digit organic growth, with Legal and STM segments accelerating and margins expanding, supporting my reiterated buy rating. Legal’s 10% revenue growth is now driven by broader AI-enabled platform adoption and upselling, fueling ongoing user and tool expansion beyond initial conversions. STM is following Legal’s path, with early-stage adoption of analytics and AI tools like Scopus AI, supporting sustained multi-year growth despite slower institutional cycles. RELX’s valuation has reset to ~18x NTM PE, offering a more attractive entry as earnings growth remains strong and market fears over generic AI disruption appear overstated.

I wrote about RELX Plc ( RELX ) previously with a buy rating because I expected the business to sustain high-single-digit organic growth, supported by Risk, improving STM demand, and wider adoption of Lexis+ AI in This article was written by May Investing Ideas 1.56K Followers Follow I am an individual investor that is now fully focus on managing my own capital that I have saved up over the years. My investing background spreads across a wide spectrum as I believe there are merits to each approach, for instance: Fundamental investing [Bottoms-up etc.], Technical investing [historical charts analysis], and to some extend momentum investing [share price reaction post earnings etc.]. Over the years, I have used the positive aspects of each approach to hone my investing process. The reason to write on SeekingAlpha is to use this platform as a tracker for my investing ideas performance, and also to connect with like-minded investors that have the same investing interest.