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Transocean (RIG): analyst forecast and price target

$5.62 +2.00% close 16.10.26 · market cap $6.2B · Energy · Oil & Gas Drilling IWM 0.18%
Price targets and ratings of

Analyst consensus

Moderate Buy

3 Buy1 Hold1 Sell

Ratings of 5 analysts in the last 3 months

12-month forecast

$7.09+26.2% upside

Based on 5 price targets given in the last 3 months, the average target is $7.09, the highest $10.00, the lowest $4.75. The average is +26.2% from the last price of $5.62.

$4.00$6.00$8.00$10.00Jan 26AprJulOctJan 27AprJulOctHigh$10.00Average$7.09Low$4.75
Highest target $10.00 Average target $7.09 Lowest target $4.75
AnalystFirmPrice target RatingUpsideAction Date Move vs SPY
Joe Laetsch★★★★★★★★★★#3110 · hits 61% · avg +5.9% Morgan Stanley $7.00 Hold +24.6% Assigned 14.10.26on TipRanks 07:35 −0.2%next day −1.5%
Joe Laetsch★★★★★★★★★★#3110 · hits 61% · avg +5.9% Morgan Stanley $7.00 Hold +24.6% Assigned 20.08.26on TipRanks 07:50 +3.8%next day −1.9% · 5 days −5.6%
Saurabh Pant★★★★★★★★★★#1580 · hits 60% · avg +10.9% Bank of America Securities $4.00 → $4.75+18.8% Sell −15.5% Reiterated 19.08.26on TipRanks Aug 20 06:30 +0.1%next day +3.8% · 5 days −3.7%
Gregory Lewis★★★★★★★★★★#224 · hits 56% · avg +26.0% BTIG $10.00 Buy +77.9% Assigned 18.08.26on TipRanks 06:05 −0.2%next day +0.1% · 5 days −1.0%
Eddie Kim★★★★★★★★★★#6236 · hits 45% · avg +1.4% Barclays $8.00 → $7.00−12.5% Buy +24.6% Reiterated 12.08.26on TipRanks 05:15 −2.1%next day −0.3% · 5 days +2.9%
Truls Olsen★★★★★★★★★★#10910 · hits 25% · avg −13.0% Fearnley Securities $6.70 Buy +19.2% Upgrade 07.08.26on TipRanks 05:15 +1.3%next day +8.8% · 5 days +9.1%
Charles Minervino★★★★★★★★★★#59 · hits 71% · avg +23.0% Susquehanna $8.00 → $7.00−12.5% Buy +24.6% Reiterated 08.07.26on TipRanks 08:07 +4.5%next day −2.6% · 5 days −1.8%
Marc Bianchi★★★★★★★★★★#2169 · hits 48% · avg +5.5% TD Cowen $5.50 → $6.00+9.1% Hold +6.8% Reiterated 06.05.26on TipRanks 05:50 −1.7%next day −0.7% · 5 days +5.1%
Fredrik Stene★★★★★★★★★★#9629 · hits 40% · avg −4.8% Clarksons $5.90 Hold +5.0% Downgrade 19.03.26on TipRanks 10:10 +3.6%next day −2.3% · 5 days +8.6%
Ole Rodland Pareto $5.25 Sell −6.6% Downgrade 10.02.26on TipRanks Feb 11 04:35 −4.5%next day +10.3% · 5 days +15.2%
Scott Gruber★★★★★★★★★★#383 · hits 60% · avg +15.6% Citi $4.25 → $4.50+5.9% Hold −19.9% Reiterated 12.12.25on TipRanks Dec 11 08:35 −0.7%next day −2.4% · 5 days −6.6%
Arun Jayaram★★★★★★★★★★#1023 · hits 59% · avg +8.0% J.P. Morgan — Sell — Downgrade 10.12.25on TipRanks 07:10 −4.0%next day −0.7% · 5 days −5.8%
Jason Bandel★★★★★★★★★★#2477 · hits 50% · avg +20.4% Evercore ISI $4.00 Hold −28.8% Reiterated 31.10.25on TipRanks 11:00 −2.1%next day +2.9% · 5 days +5.3%

Every rating the collector has kept for the last 12 months, including the earlier ones of the same analyst. Latest of each analyst

Best analysts covering Transocean

TipRanks picks them by their record on this stock; the figures under the name are their record across all their ratings.

Most accurate

3 months Eddie Kim★★★★★★★★★★Barclays · #6236
Hits 45%61 of 136 Average return +1.4%
1 year Eddie Kim★★★★★★★★★★Barclays · #6236
Hits 45%61 of 136 Average return +1.4%
2 years Eddie Kim★★★★★★★★★★Barclays · #6236
Hits 45%61 of 136 Average return +1.4%

Most profitable

3 months Eddie Kim★★★★★★★★★★Barclays · #6236
Hits 45%61 of 136 Average return +1.4%
1 year Eddie Kim★★★★★★★★★★Barclays · #6236
Hits 45%61 of 136 Average return +1.4%
2 years Eddie Kim★★★★★★★★★★Barclays · #6236
Hits 45%61 of 136 Average return +1.4%

How the average price target moved

The average target of all analysts (their ratings of the 3 months before) on each day, the top analysts’ dashed, against the price; the site keeps this record since 1 October 2026. On 01.10.26: target $7.08 at a price of $5.24 (+35.0%); now: $7.09 at $5.62 (+26.2%).

$6.00$7.00Sep 15Oct 1Oct 15Top analysts$7.25Average target$7.09Price$5.62

PriceAverage targetTop analysts’ target

Recommendation trend

05101351Oct 25241Nov162Dec232Jan 262353Feb2352Mar2371Apr1351May1331Jun3322Jul3322Aug3322Sep1221Oct

Strong BuyBuyHoldSell

Rating05.2606.2607.2608.2609.2610.26
Strong Buy113331
Buy333332
Hold532222
Sell112221

Earnings and sales forecast

Next report: 02.11.26 (Q3 2026, date not confirmed)

Earnings per share

Next quarter’s EPS estimate — $0.02 (from $-0.01 to $0.04). Last quarter: $0.15.

Sales

Next quarter’s sales estimate — $943M (from $931M to $955M). Last quarter: $966M.

Best top-analyst consensus in the sector · Energy

NESRNational Energy Services Reunited
SEISolaris Energy Infrastructure
TRGPTarga Resources
VNOMViper Energy
WMBWilliams Co
About Transocean
  • CEO: Keelan I. Adamson
  • Employees: 5,220
  • Turmstrasse 30, Zug, ZG, 6312, CH
  • www.deepwater.com

Transocean Ltd., in conjunction with its subsidiaries, offers specialized contract drilling services for oil and natural gas wells throughout the world. The company provides mobile offshore drilling rigs, all necessary equipment, and skilled workforces to carry out these drilling operations. As of February 14, 2022, Transocean oversaw and held partial ownership interests in a fleet of 37 mobile offshore drilling units. This fleet notably included 27 ultra-deepwater floaters and 10 floaters built to withstand harsh environmental conditions. Its clientele is varied, consisting of major integrated energy corporations, state-owned or government-controlled oil enterprises, and numerous independent energy companies. Established in 1926, Transocean's corporate headquarters are located in Steinhausen, Switzerland.

Data from the stock’s TipRanks forecast page, read 99 min ago. It is read again as soon as a new rating appears and at least every 8 hours. TipRanks ↗