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RIGRIGEnergy · Oil & Gas Drilling

RIG Stock Forecast: Transocean Ltd. Price Predictions for 2026-2027

Last close, 22 Sept 2026
$5.49
+0.73% on the day

The 13 Wall Street analysts covering Transocean Ltd. hold a median 12-month price target of $6.45 — +17.5% from the last close. Ticker Nerd's systematic factor model, run across ~4,600 US stocks, ranks it 70 of 100 as at 21 Sept 2026 — in the upper half. Here, the model and the Street point the same way.

Market cap
$6.1B
Ticker Nerd rank
70 / 100
Median analyst target
$6.45
Analysts covering
13
Revenue$966.0M−2.2% y/y
Operating income$154.0M
Net income$170.0M
Free cash flow$212.0M
Quarterly, 8 quarters to 30 June 2026 · latest quarter's figure shown
Total return, dividends reinvested
1W
−7.6%
1M
−7.3%
YTD
+32.9%
1Y
+61.9%
From 52W high
−27.6%
From 52W low
+78.2%
$3.08
$7.58
52-week range, adjusted closes · the dot is the last close
Ticker Nerd rank

RIG stock analysis: one number for the whole business

Consensus tells you what everyone already believes. The model scores Transocean Ltd. on its factor families — the same systematic rank behind the Ticker Nerd portfolio.

Where the model ranks itAs at 21 Sept 2026
70 / 100

Percentile across ~4,600 US stocks on Ticker Nerd’s systematic factor model. Higher is better. How the model is built and tested

Accruals
99
Momentum
80
Revisions
70
Issuance
68
Value
60
Growth
57
Volatility
45
Quality
22
Size
20

Accruals (99): Reported profit is backed by cash, and the company is not expanding recklessly.

Quality (22): Profits are thin or unreliable for the size of the business, or they are not turning into cash.

Size (20): Larger than most of the companies we track — more scrutinised, less often mispriced.

Built and run by Aslam Ghouse, an ex-Goldman Sachs quant trader with fourteen years in markets.

Wall Street

RIG stock forecast 2026-2027: analyst price targets & predictions

The bullish and bearish analyst opinions on RIG, reported as data — targets and ratings, the market's view beside the model's.

Share price and the analyst range, 12 monthsAdjusted close, US dollars
$2.00$4.00$6.00$8.00$10.00Oct 25Jan 26Apr 26Jul 26RIGHigh $10.00Median $6.45Low $4.50

Price targets and ratings are third-party analyst estimates, reported here as data. They are not Ticker Nerd forecasts, and they are frequently wrong.

Data provided by Twelve Data

What Wall Street says13 analysts
6 Buy5 Hold2 Sell
Low $4.50Median $6.45High $10.00

The green dot is the last close — the median target sits +17.5% from it.

Recent analyst actionsNewest first
DateFirmActionRatingTarget
12 Aug 2026BarclaysMaintainsOverweight$8.00 → $7.00
8 July 2026SusquehannaMaintainsPositive$8.00 → $7.00
8 July 2026SusquehannaMaintainsPositive—
7 May 2026BarclaysUpgradeOverweight—
6 May 2026TD CowenMaintainsHold—
15 Apr 2026Morgan StanleyMaintainsEqual-Weight—
7 Apr 2026SusquehannaMaintainsPositive—
23 Feb 2026Morgan StanleyMaintainsEqual-Weight—
23 Feb 2026SusquehannaMaintainsPositive—
18 Feb 2026BarclaysDowngradeEqual-Weight—
9 Feb 2026BTIGMaintainsBuy—
2 Feb 2026BTIGMaintainsBuy—
7 Jan 2026SusquehannaMaintainsPositive—
11 Dec 2025CitigroupMaintainsNeutral—
10 Dec 2025JP MorganDowngradeUnderweight—
14 Nov 2025CitigroupMaintainsNeutral—
5 Nov 2025BarclaysMaintainsOverweight—
13 Aug 2025BarclaysMaintainsOverweight—
16 May 2025Morgan StanleyMaintainsEqual-Weight—
14 Apr 2025SusquehannaMaintainsPositive—

Price targets and ratings are third-party analyst estimates, reported here as data. They are not Ticker Nerd forecasts, and they are frequently wrong.

Market Radar

This page is one stock. Monday covers all of them.

Computed off the Friday close and sent before the US open.

Market Radar reports the week’s largest rank changes across roughly 4,600 US stocks, the factor behind each one, and where the market went. RIG appears on the weeks it earns a place.

Free, every Monday. Unsubscribe any time.

Performance

RIG vs the S&P 500

Both lines are total return — dividends reinvested — so the comparison is honest on both sides.

Over the twelve months to 22 Sept 2026, Transocean Ltd. returned +61.9% against +17.2% for the S&P 500, dividends included.

RIG vs S&P 500, last 12 monthsTotal return, rebased to 100
100150200Oct 25Jan 26Apr 26Jul 26RIGS&P 500

Download this chart as an image — free to reuse; link this page as the source.

Data provided by Twelve Data

Estimates

RIG analyst estimate revisions

Not the forecast itself — the direction analysts are revising it. Revision direction is one of the model's factor families.

Which way the estimates are movingNext fiscal year
EPS revision, 90 days
+47.8%
Analysts raising
3
Analysts cutting
0
Fundamentals

Transocean Ltd. (RIG) financial data

A margin means little on its own. Each bar marks where the figure sits across the whole US universe we score.

Valuation
Trailing P/E
−1.8×

Cheaper than 85% of US stocks

Price / sales
1.5×

Cheaper than 60% of US stocks

Price / book
0.7×

Cheaper than 80% of US stocks

EV / EBITDA
7.0×

Cheaper than 49% of US stocks

Growth & margins
Revenue growth (YoY)
−2.2%

Higher than 24% of US stocks

Earnings growth (YoY)
−2.2%

Higher than 34% of US stocks

Gross margin
84.7%

Higher than 94% of US stocks

Operating margin
17.4%

Higher than 76% of US stocks

Net margin
−40.2%

Higher than 11% of US stocks

Returns & dividend
Return on equity
−18.7%

Higher than 32% of US stocks

Return on assets
3.5%

Higher than 69% of US stocks

Dividend yield
11.0%

Higher than 91% of US dividend payers

Bars mark the percentile across the ~4,600 US stocks Ticker Nerd covers, among those reporting the figure.

Key statistics

Transocean Ltd. (RIG) statistics: revenue, profit & scale

The headline figures, each with its date. Every row carries its own link — cite it straight from here.

  • Transocean Ltd. has a market value of $6.1B and an enterprise value of $10.7B.

  • Revenue in the twelve months to 30 June 2026: $4.1B. The latest quarter shrank 2.2% year on year.

  • Net income over the same four quarters: −$1.7B, a −40.2% net margin.

  • Free cash flow in the twelve months to 30 June 2026: $904.0M, after $91.0M of capital spending.

  • Shares outstanding: 1.1B.

  • Trailing P/E: −1.8×; forward P/E: 19.0× — the forward figure prices analyst consensus estimates, not reported earnings.

  • Forward dividend yield: 11.04%, paying out 0% of earnings.

  • Transocean Ltd. employs 5,220 people — $789K of revenue per employee.

Statement figures: company filings via Twelve Data, four quarters to 30 June 2026 · market figures as at 22 Sept 2026

Data provided by Twelve Data

Peers

RIG vs competitors

The nearest names by industry and size, scored by the same model — like for like.

Its peer group, ranked by the same modelOil & Gas Drilling
CompanyMarket capTKN rank
RIGTransocean Ltd.$6.1B
70
VALValaris Ltd.$5.7B
38
NENoble Corp. Plc$7.0B
44
PTENPatterson-UTI Energy, Inc.$4.3B
82
HPHelmerich & Payne, Inc.$4.0B
55
SDRLSeadrill Ltd.$2.9B
42
BORRBorr Drilling Ltd.$1.4B
9

Look up any of the roughly 4,600 stocks we score.

The rank is the raw material. Whether the rules would actually own Transocean Ltd. — and when they’d sell — is the membership. See the Ticker Nerd 20 →

News

Latest RIG news & analysis

Transocean Boosts Backlog With New Deepwater Conqueror Deal

Zacks Investment Research · 17 Sept 2026positive

Transocean signed an $80 million contract in Equatorial Guinea that keeps the Deepwater Conqueror drillship employed after its current Gulf of Mexico assignment concludes. The new deal adds to the company's backlog.

Why it matters — A RIG watcher would care because the new contract extends utilization of the Deepwater Conqueror and bolsters the company's backlog, supporting future revenue visibility.

Is Transocean (RIG) Stock Outpacing Its Oils-Energy Peers This Year?

Zacks Investment Research · 16 Sept 2026neutral

A Zacks Investment Research report compares the year-to-date performance of Transocean (RIG) and Seadrill (SDRL) against the broader oils-energy sector. The piece examines how each stock has fared relative to its sector peers so far this year.

Why it matters — For RIG watchers, the comparison shows how the stock's year-to-date performance stacks up against Seadrill and the sector, providing context on its relative standing.

Transocean stock jumps as it strikes a new $80M deal: is it a good buy?

Invezz · 16 Sept 2026positive

Transocean's stock rose 9% after announcing a new contract valued at $80M for its Ultra-Deepwater drillship, which the company said reflects substantial business traction. The share price reached $5.94, more than 22% above its July low.

Why it matters — A RIG watcher would care because the new Ultra-Deepwater contract signals growing demand for the company's deepwater drilling assets.

2 Energy Stocks Call Traders Are Targeting

Schaeffers Research · 15 Sept 2026neutral

Oil prices rose today after yesterday's pullback, bringing energy stocks back into focus for traders. The article highlights two energy stocks that call traders are targeting.

Why it matters — A rise in oil prices and renewed trader interest in energy stocks could bring attention to the sector in which RIG operates.

Offshore Oil Stocks Rally While the Broad Market Slips: Transocean Climbs 6%, Valaris Rises 6%, W&T Offshore Gains 6%

24/7 Wall Street · 15 Sept 2026positive

On Tuesday midday, offshore oil stocks rallied while the broad market slipped, with Transocean up 6.24% to $5.79. Valaris and W&T Offshore also gained around 6%.

Why it matters — The report highlights RIG rising notably during the session amid a broader offshore oil sector rally, offering a positive near-term data point for Transocean watchers.

FAQ

Frequently asked questions about RIG stock

What is the RIG stock price forecast for 2026-2027?

The 13 Wall Street analysts covering Transocean Ltd. have a median 12-month price target of $6.45, with estimates ranging from $4.5 to $10. These are third-party analyst estimates, not Ticker Nerd forecasts, and they are frequently wrong.

Is RIG stock a buy right now?

Of the 13 analysts covering Transocean Ltd., 6 rate it a Buy, 5 a Hold and 2 a Sell. Ticker Nerd's systematic factor model ranks Transocean Ltd. 70 out of 100 across roughly 4,600 US stocks as at 21 Sept 2026. None of this is personal advice — it does not consider your circumstances.

How does Ticker Nerd's model rank RIG?

As at 21 Sept 2026, Transocean Ltd. ranks 70 out of 100 on Ticker Nerd's systematic factor model — a percentile across roughly 4,600 US stocks, built from its factor families. Its strongest factor family is Accruals (99 of 100).

Will RIG stock go up?

No one can know that. What the data says: the median 12-month target from 13 analysts implies +17.5% from the last close, and Ticker Nerd's factor model ranks Transocean Ltd. 70 out of 100 as at 21 Sept 2026. Analyst targets are third-party estimates and frequently wrong; none of this is personal advice.

What is the RIG stock forecast for 2030?

No analyst covering Transocean Ltd. publishes a 2030 price target — Wall Street targets run 12 to 18 months out. Sites quoting a 2030 price for RIG are extrapolating price history, which says nothing about the business. The furthest attributed numbers are the current analyst targets: $4.5 to $10 over the next 12 months.

How has RIG stock performed over the past year?

Transocean Ltd. returned +61.9% over the 12 months to 22 Sept 2026, with dividends reinvested. Past performance does not indicate future returns.

What does Transocean Ltd. do?

Transocean Ltd. is a Swiss offshore drilling contractor that provides rig-based well construction services for oil and gas operators worldwide.

What is the latest news on RIG?

The most recent item we track (Zacks Investment Research, 17 Sept 2026): "Transocean Boosts Backlog With New Deepwater Conqueror Deal". Transocean signed an $80 million contract in Equatorial Guinea that keeps the Deepwater Conqueror drillship employed after its current Gulf of Mexico assignment concludes. The new deal adds to the company's backlog.

Company

About Transocean Ltd.

Transocean Ltd. is a Swiss offshore drilling contractor that provides rig-based well construction services for oil and gas operators worldwide. The company focuses on technically demanding offshore environments, with a particular emphasis on ultra-deepwater and harsh-environment drilling. Its current fleet includes mobile offshore drilling units such as drillships and semisubmersibles, along with related equipment, crews, and operational support used to drill wells in challenging marine settings. Transocean serves integrated energy companies, national oil companies, and independent producers that require specialized offshore drilling capacity. The company’s business is centered on contract drilling services, making it a key participant in the offshore upstream energy services market.

CEO Mr. Keelan I. Adamson · 5,220 employees · Switzerland · https://www.deepwater.com