RIG Logo

RIG Stock Forecast: Transocean Ltd. Price Predictions for 2026

Home โ€บ Stocks โ€บ Switzerland | NYSE | Energy | Oil & Gas Drilling

$4.44

+0.01 (0.23%)

RIG Stock Forecast 2025-2026

$4.44
Current Price
$4.89B
Market Cap
13 Ratings
Buy 4
Hold 8
Sell 1
Wall St Analyst Ratings

Distance to RIG Price Targets

+23.9%
To High Target of $5.50
-9.9%
To Median Target of $4.00
-32.4%
To Low Target of $3.00

RIG Price Momentum

+0.7%
1 Week Change
+11.6%
1 Month Change
+10.4%
1 Year Change
+18.4%
Year-to-Date Change
-2.4%
From 52W High of $4.55
+125.4%
From 52W Low of $1.97
๐Ÿ“Š TOP ANALYST CALLS

Did RIG Make This Month's Elite Buy List?

We don't follow just any analyst โ€” only the top 3% with a proven track record make our cut. See if Transocean is one of their latest high-conviction picks.

Join 5,000+ investors getting our data-driven analysis. Unsubscribe anytime.

Latest RIG Stock Price Targets & Analyst Predictions

Based on our analysis of 22 Wall Street analysts, RIG has a neutral consensus with a median price target of $4.00 (ranging from $3.00 to $5.50). The overall analyst rating is Buy (6.9/10). Currently trading at $4.44, the median forecast implies a -9.9% downside. This outlook is supported by 4 Buy, 8 Hold, and 1 Sell ratings.

The most optimistic forecast comes from Marc Bianchi at TD Cowen, projecting a 23.9% upside. Conversely, the most conservative target is provided by Ian Macpherson at Piper Sandler, suggesting a 32.4% downside.

Please note that analyst price targets are forward-looking estimates subject to substantial market, economic, and company-specific risks. Past performance does not guarantee future results, and actual stock performance may materially differ from these projections. Investors should conduct their own due diligence and consider their investment objectives and risk tolerance before making investment decisions.

RIG Analyst Ratings

4
Buy
8
Hold
1
Sell

RIG Price Target Range

Low
$3.00
Average
$4.00
High
$5.50
Current: $4.44

Latest RIG Stock Forecasts by Analyst

These are the latest 20 analyst ratings and price targets for RIG.

Date Firm Analyst Rating Change Price Target
Nov 14, 2025 Citigroup Scott Gruber Neutral Maintains $4.25
Nov 5, 2025 Barclays Eddie Kim Overweight Maintains $4.50
Aug 13, 2025 Barclays Eddie Kim Overweight Maintains $4.00
May 16, 2025 Morgan Stanley Daniel Kutz Equal-Weight Maintains $3.50
Apr 14, 2025 Susquehanna Charles Minervino Positive Maintains $4.00
Apr 7, 2025 Barclays David Anderson Overweight Maintains $3.50
Mar 27, 2025 Morgan Stanley Daniel Kutz Equal-Weight Maintains $4.00
Mar 19, 2025 Citigroup Scott Gruber Neutral Maintains $3.50
Feb 25, 2025 Barclays David Anderson Overweight Maintains $4.00
Jan 15, 2025 Evercore ISI Group James West In-Line Downgrade $5.00
Jan 8, 2025 TD Cowen Marc Bianchi Hold Maintains $5.50
Dec 18, 2024 Barclays David Anderson Overweight Upgrade $4.50
Dec 6, 2024 JP Morgan Arun Jayaram Neutral Upgrade $5.00
Dec 3, 2024 Benchmark Kurt Hallead Hold Reiterates $N/A
Nov 1, 2024 Susquehanna Charles Minervino Positive Maintains $6.50
Oct 23, 2024 Barclays David Anderson Equal-Weight Maintains $4.50
Oct 15, 2024 Benchmark Kurt Hallead Hold Downgrade $N/A
Oct 11, 2024 Susquehanna Charles Minervino Positive Maintains $7.00
Oct 3, 2024 Morgan Stanley Daniel Kutz Equal-Weight Maintains $6.00
Sep 16, 2024 Morgan Stanley Daniel Kutz Equal-Weight Maintains $5.00

Transocean Ltd. (RIG) Competitors

The following stocks are similar to Transocean based on their market capitalization and industry sector. These similar stocks potentially provide investors with alternative investment opportunities within the same market segment.

Transocean Ltd. (RIG) Financial Data

Transocean Ltd. has a market capitalization of $4.89B with a P/E ratio of -7.4x. The company generates $3.87B in trailing twelve-month revenue with a -75.7% profit margin.

Revenue growth is +8.4% quarter-over-quarter, while maintaining an operating margin of +23.1% and return on equity of -32.0%.

Valuation Metrics

Market Cap $4.89B
Enterprise Value $10.28B
P/E Ratio -7.4x
PEG Ratio 0.0x
Price/Sales 1.3x

Growth & Margins

Revenue Growth (YoY) +8.4%
Gross Margin +84.3%
Operating Margin +23.1%
Net Margin -75.7%
EPS Growth +8.4%

Financial Health

Cash/Price Ratio +17.0%
Current Ratio 1.1x
Debt/Equity 77.0x
ROE -32.0%
ROA +2.2%
๐Ÿ’ก SKIP THE NOISE

97% of Analyst Ratings Go Nowhere

We filter thousands of calls to find the few that actually matter. Get the top analyst buy ratings โ€” tracked and updated every Monday and Thursday.

Join 5,000+ investors getting our data-driven analysis. Unsubscribe anytime.

Transocean Ltd. logo

Transocean Ltd. (RIG) Business Model

About Transocean Ltd.

What They Do

Provides offshore drilling services for oil and gas.

Business Model

Transocean operates by owning and managing a fleet of advanced drilling rigs that specialize in deepwater and ultra-deepwater drilling. The company generates revenue by contracting its services to major oil companies for exploration and production activities in offshore locations, capitalizing on its technological capabilities in challenging environments.

Additional Information

Headquartered in Switzerland, Transocean plays a significant role in the energy sector, influencing global fossil fuel supply chains and economic activities related to oil markets. The company's focus on safety, efficiency, and environmental considerations enhances its value proposition as a partner for energy firms.

Company Information

Sector

Energy

Industry

Oil & Gas Drilling

Employees

5,470

CEO

Mr. Keelan I. Adamson

Country

Switzerland

IPO Year

1993

Transocean Ltd. (RIG) Latest News & Analysis

Featured Analysis
Powered by Zacks Investment Research

Still Holding Transocean Stock: Here's Why That's Justified

RIG benefits from a robust fleet and long-term market outlook, yet faces challenges with debt, interest expense and customer discipline delaying near-term growth.

Dec 01, 2025 By Zacks Equity Research Analyst Blog

Transocean (RIG) Up 10% Since Last Earnings Report: Can It Continue?

Transocean (RIG) reported earnings 30 days ago. What's next for the stock? We take a look at earnings estimates for some clues.

Nov 28, 2025 By Zacks Equity Research Realtime BLOG

Latest News

RIG stock latest news image
Quick Summary

RIG has a strong fleet and positive long-term market outlook but is hindered by debt, high interest expenses, and customer discipline, affecting short-term growth potential.

Why It Matters

RIG's strong fleet and market outlook suggest potential growth, but high debt and customer discipline may hinder short-term performance, impacting investment decisions.

Source: Zacks Investment Research
Market Sentiment: Positive
RIG stock latest news image
Quick Summary

Transocean (RIG) recently reported earnings. Investors should monitor upcoming developments and market reactions for potential impacts on the stock.

Why It Matters

Transocean's recent earnings report can influence its stock performance, affecting investor sentiment and future price movements based on financial health and market conditions.

Source: Zacks Investment Research
Market Sentiment: Positive
RIG stock latest news image
Quick Summary

As of Nov. 28, 2025, two energy sector stocks are signaling potential caution for momentum-focused investors.

Why It Matters

Momentum signals in energy stocks may indicate potential declines, prompting investors to reassess their strategies and exposure in this sector.

Source: Benzinga
Market Sentiment: Negative
RIG stock latest news image
Quick Summary

Ninepoint acquired 6 million shares of Transocean, increasing its portfolio by $18.7 million. This stake now represents 2.5% of its AUM, placing Transocean outside its top five holdings.

Why It Matters

The acquisition of 6 million shares increases Ninepoint's portfolio value, signaling confidence in Transocean. This move may impact investor sentiment and stock performance.

Source: The Motley Fool
Market Sentiment: Neutral
RIG stock latest news image
Quick Summary

RIG secures $89M in contracts in Brazil, Norway, and Romania, enhancing its global footprint and highlighting demand for deepwater and harsh-environment rigs.

Why It Matters

RIG's $89M contracts enhance its market position, indicating strong demand for deepwater rigs, which could lead to increased revenue and investor confidence.

Source: Zacks Investment Research
Market Sentiment: Positive
RIG stock latest news image
Quick Summary

Transocean Ltd. (NYSE: RIG) secured contracts for one ultra-deepwater drillship and two semisubmersibles, totaling about $89 million in firm contract backlog.

Why It Matters

Transocean's new contract fixtures enhance its revenue stability with a $89 million backlog, boosting investor confidence in cash flow and growth potential amid market fluctuations.

Source: GlobeNewsWire
Market Sentiment: Neutral

Frequently Asked Questions About RIG Stock

What is Transocean Ltd.'s (RIG) stock forecast for 2026?

Based on our analysis of 22 Wall Street analysts, Transocean Ltd. (RIG) has a median price target of $4.00. The highest price target is $5.50 and the lowest is $3.00.

Is RIG stock a good investment in 2026?

According to current analyst ratings, RIG has 4 Buy ratings, 8 Hold ratings, and 1 Sell ratings. The stock is currently trading at $4.44. Always conduct your own research and consider your investment goals before making investment decisions.

What is the long-term price prediction for RIG stock?

Wall Street analysts predict RIG stock could reach $4.00 in the next 12 months. This represents a -9.9% decrease from the current price of $4.44. Please note that this is a projection by Wall Street analysts and not a guarantee.

What is Transocean Ltd.'s business model?

Transocean operates by owning and managing a fleet of advanced drilling rigs that specialize in deepwater and ultra-deepwater drilling. The company generates revenue by contracting its services to major oil companies for exploration and production activities in offshore locations, capitalizing on its technological capabilities in challenging environments.

What is the highest forecasted price for RIG Transocean Ltd.?

The highest price target for RIG is $5.50 from Marc Bianchi at TD Cowen, which represents a 23.9% increase from the current price of $4.44.

What is the lowest forecasted price for RIG Transocean Ltd.?

The lowest price target for RIG is $3.00 from Ian Macpherson at Piper Sandler, which represents a -32.4% decrease from the current price of $4.44.

What is the overall RIG consensus from analysts for Transocean Ltd.?

The overall analyst consensus for RIG is neutral. Out of 22 Wall Street analysts, 4 rate it as Buy, 8 as Hold, and 1 as Sell, with a median price target of $4.00.

How accurate are RIG stock price projections?

Stock price projections, including those for Transocean Ltd., are based on various factors including financial models, market conditions, and analyst forecasts. While these predictions provide valuable insights, they should be considered alongside your own research and risk tolerance.

Important Disclaimer

The information provided by Ticker Nerd is for educational and informational purposes only. It should not be considered financial or investment advice. Past performance is not indicative of future results. Always conduct your own research and consult with a qualified financial advisor before making any investment decisions. Analyst ratings and price forecasts are sourced from Wall St analysts and other experts. These projections are speculative and do not guarantee future stock performance.

Last updated: December 7, 2025 3:08 AM UTC
Serious About Growing Your Portfolio?

We highlight 2 high-upside stocks each month – no fluff.

Missedย NVDA?
Donโ€™t Miss the Next One.

Join 5,000+ investors using Ticker Nerd’s Market Radar to stay ahead of major market moves, analyst upgrades, and trending opportunities โ€” for free.