RIGEnergy · Oil & Gas DrillingThe 13 Wall Street analysts covering Transocean Ltd. hold a median 12-month price target of $6.45 — +15.2% from the last close. Ticker Nerd's systematic factor model, run across ~4,600 US stocks, ranks it 76 of 100 as at 12 Oct 2026 — inside the top quartile. Here, the model and the Street point the same way.
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.
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): 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.
The bullish and bearish analyst opinions on RIG, reported as data — targets and ratings, the market's view beside the model's.
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
The green dot is the last close — the median target sits +15.2% from it.
| Date | Firm | Action | Rating | Target |
|---|---|---|---|---|
| 12 Aug 2026 | Barclays | Maintains | Overweight | $8.00 → $7.00 |
| 8 July 2026 | Susquehanna | Maintains | Positive | $8.00 → $7.00 |
| 8 July 2026 | Susquehanna | Maintains | Positive | — |
| 7 May 2026 | Barclays | Upgrade | Overweight | — |
| 6 May 2026 | TD Cowen | Maintains | Hold | — |
| 15 Apr 2026 | Morgan Stanley | Maintains | Equal-Weight | — |
| 7 Apr 2026 | Susquehanna | Maintains | Positive | — |
| 23 Feb 2026 | Morgan Stanley | Maintains | Equal-Weight | — |
| 23 Feb 2026 | Susquehanna | Maintains | Positive | — |
| 18 Feb 2026 | Barclays | Downgrade | Equal-Weight | — |
| 9 Feb 2026 | BTIG | Maintains | Buy | — |
| 2 Feb 2026 | BTIG | Maintains | Buy | — |
| 7 Jan 2026 | Susquehanna | Maintains | Positive | — |
| 11 Dec 2025 | Citigroup | Maintains | Neutral | — |
| 10 Dec 2025 | JP Morgan | Downgrade | Underweight | — |
| 14 Nov 2025 | Citigroup | Maintains | Neutral | — |
| 5 Nov 2025 | Barclays | Maintains | Overweight | — |
| 13 Aug 2025 | Barclays | Maintains | Overweight | — |
| 16 May 2025 | Morgan Stanley | Maintains | Equal-Weight | — |
| 14 Apr 2025 | Susquehanna | Maintains | Positive | — |
Price targets and ratings are third-party analyst estimates, reported here as data. They are not Ticker Nerd forecasts, and they are frequently wrong.
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.
Both lines are total return — dividends reinvested — so the comparison is honest on both sides.
Over the twelve months to 12 Oct 2026, Transocean Ltd. returned +81.8% against +20.4% for the S&P 500, dividends included.
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Data provided by Twelve Data
Not the forecast itself — the direction analysts are revising it. Revision direction is one of the model's factor families.
A margin means little on its own. Each bar marks where the figure sits across the whole US universe we score.
Cheaper than 85% of US stocks
Cheaper than 59% of US stocks
Cheaper than 79% of US stocks
Cheaper than 49% of US stocks
Higher than 24% of US stocks
Higher than 34% of US stocks
Higher than 94% of US stocks
Higher than 76% of US stocks
Higher than 12% of US stocks
Higher than 32% of US stocks
Higher than 69% of US stocks
Higher than 97% of US dividend payers
Bars mark the percentile across the ~4,600 US stocks Ticker Nerd covers, among those reporting the figure.
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 $6.2B and an enterprise value of $10.6B.
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.
Trailing P/E: −1.8×; forward P/E: 19.3× — the forward figure prices analyst consensus estimates, not reported earnings.
Forward dividend yield: 10.89%, paying out 0% of earnings.
Transocean Ltd. employs 5,220 people — $789K of revenue per employee.
Data provided by Twelve Data
The nearest names by industry and size, scored by the same model — like for like.
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 →
Transocean announced it will report third-quarter 2026 earnings and issue a fleet status report on November 2, 2026, after the New York Stock Exchange closes.
Why it matters — RIG watchers will receive both quarterly results and an updated fleet status report on that date.
Transocean added $1.1 billion to its firm backlog through deals with Shell and Equinor, expanding contracted drilling activity offshore Norway.
Why it matters — The deals increase RIG’s contracted work and visibility into future offshore drilling activity.
Transocean announced a new contract award representing approximately $62 million in firm backlog and formal approval of its previously announced Equinor agreement, converting $1.0 billion in contract value to firm backlog.
Why it matters — The announcements bring approximately $1.1 billion in contract value into firm backlog, a figure relevant to RIG watchers tracking contracted work.
An analyst rates Transocean as a Speculative Buy, arguing that its equity upside depends on stable offshore cash flow enabling debt reduction and lower financial risk, rather than revenue growth. The proposed Valaris combination could accelerate deleveraging but adds execution and operational complexity.
Why it matters — The piece highlights deleveraging and the offshore cycle as key drivers, with the potential Valaris combination possibly accelerating debt reduction while introducing added risk.
Transocean Ltd. (RIG) received Department of Justice approval for its planned $5.8 billion acquisition of Valaris. The approval advances the deal toward its expected close in 2026.
Why it matters — The DOJ nod removes a key regulatory hurdle, moving the $5.8 billion Valaris acquisition closer to completion for RIG watchers.
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.
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. 76 out of 100 across roughly 4,600 US stocks as at 12 Oct 2026. None of this is personal advice — it does not consider your circumstances.
As at 12 Oct 2026, Transocean Ltd. ranks 76 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).
No one can know that. What the data says: the median 12-month target from 13 analysts implies +15.2% from the last close, and Ticker Nerd's factor model ranks Transocean Ltd. 76 out of 100 as at 12 Oct 2026. Analyst targets are third-party estimates and frequently wrong; none of this is personal advice.
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.
Transocean Ltd. returned +81.8% over the 12 months to 12 Oct 2026, with dividends reinvested. Past performance does not indicate future returns.
Transocean Ltd. is a Swiss offshore drilling contractor that provides rig-based well construction services for oil and gas operators worldwide.
The most recent item we track (GlobeNewsWire, 12 Oct 2026): "Transocean Ltd. Announces Third Quarter 2026 Earnings Release Date". Transocean announced it will report third-quarter 2026 earnings and issue a fleet status report on November 2, 2026, after the New York Stock Exchange closes.
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
