RIGRIGEnergy · Oil & Gas Drilling

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

Last close, 6 Aug 2026
$5.16
+0.39% on the day

The 14 Wall Street analysts covering Transocean Ltd. hold a median 12-month price target of $6.6 — +27.9% from the last close. Ticker Nerd's systematic factor model, run across ~4,600 US stocks, ranks it 52 of 100 as at 6 Aug 2026 — in the upper half.

Market cap
$5.7B
Ticker Nerd rank
52 / 100
Median analyst target
$6.60
Analysts covering
14
Total return, dividends reinvested
1W
+1.6%
1M
+4.7%
YTD
+24.9%
1Y
+70.3%
From 52W high
−31.9%
From 52W low
+84.3%
$2.80
$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 6 Aug 2026
52 / 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
76
Issuance
68
Growth
56
Value
56
Revisions
42
Quality
23
Size
22
Volatility
20

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

Volatility (20): The share price moves around a lot.

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

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 $6.60Low $4.00

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

What Wall Street says14 analysts
5 Buy6 Hold3 Sell
Low $4.00Median $6.60High $10.00

The green dot is the last close — the median target sits +27.9% from it.

Recent analyst actionsNewest first
DateFirmActionRatingTarget
8 July 2026SusquehannaMaintainsPositive$8.00$7.00
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
7 Apr 2025BarclaysMaintainsOverweight
27 Mar 2025Morgan StanleyMaintainsEqual-Weight

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

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
−43.1%
Analysts raising
0
Analysts cutting
1
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
−1.7×

Cheaper than 84% of US stocks

Price / sales
1.4×

Cheaper than 62% of US stocks

Price / book
0.7×

Cheaper than 81% of US stocks

EV / EBITDA
6.8×

Cheaper than 49% of US stocks

Growth & margins
Revenue growth (YoY)
19.3%

Higher than 70% of US stocks

Earnings growth (YoY)
19.3%

Higher than 60% of US stocks

Gross margin
86.8%

Higher than 95% of US stocks

Operating margin
27.2%

Higher than 86% of US stocks

Net margin
−66.8%

Higher than 8% of US stocks

Returns & dividend
Return on equity
−30.0%

Higher than 27% of US stocks

Return on assets
3.4%

Higher than 68% of US stocks

Dividend yield
11.7%

Higher than 92% of US dividend payers

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

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.$5.7B
52
VALValaris Ltd.$5.3B
29
NENoble Corp. Plc$6.5B
35
PTENPatterson-UTI Energy, Inc.$3.8B
79
HPHelmerich & Payne, Inc.$3.7B
56
SDRLSeadrill Ltd.$2.7B
28
NBRNabors Industries Ltd.$1.2B
80
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.

News

Latest RIG news & analysis

Transocean Ltd. (RIG) Q2 2026 Earnings Call Transcript

Seeking Alpha · 7 Aug 2026neutral

Seeking Alpha published the transcript of Transocean Ltd.'s Q2 2026 earnings call. The transcript documents the company's second-quarter 2026 earnings conference.

Why it matters — A RIG watcher would review this transcript for direct commentary from management on the company's latest quarterly performance and outlook.

Transocean (RIG) Q2 Earnings and Revenues Surpass Estimates

Zacks Investment Research · 6 Aug 2026positive

Transocean reported second-quarter earnings of $0.03 per share, exceeding the Zacks Consensus Estimate of $0.01 per share. This compares with break-even earnings per share in the year-ago quarter, with revenues also surpassing estimates.

Why it matters — A RIG watcher would care because the results topped Wall Street's expectations, indicating the company performed better than analysts projected for the quarter.

Transocean (RIG) Reports Q2 Earnings: What Key Metrics Have to Say

Zacks Investment Research · 6 Aug 2026neutral

Zacks reports on Transocean's (RIG) second-quarter 2026 earnings, noting that revenue and EPS figures reflect the quarter's business performance. The piece highlights how key metrics compare with Wall Street estimates and year-ago numbers.

Why it matters — RIG watchers would care because the article examines how Transocean's quarterly results and key metrics stack up against analyst expectations and the prior-year period.

Transocean Ltd. Reports Second Quarter 2026 Results

GlobeNewsWire · 5 Aug 2026neutral

Transocean Ltd. reported its financial results for the second quarter of 2026. The company also announced a conference call and webcast on Thursday, August 6, 2026, with supplemental schedules posted in the Investors section of its website.

Why it matters — The release gives RIG watchers the company's official second-quarter financial results and details on how to access further information via the conference call and posted schedules.

Transocean Ltd. Provides Quarterly Fleet Status Report

GlobeNewsWire · 5 Aug 2026neutral

Transocean Ltd. issued its quarterly Fleet Status Report, which provides the current activity and contractual status of its fleet of offshore drilling rigs. The report was published via GlobeNewsWire on August 5, 2026.

Why it matters — RIG watchers use the report to track the utilization and contract status of the company's drilling rigs, a key indicator of its operational and revenue outlook.

FAQ

Frequently asked questions about RIG stock

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

The 14 Wall Street analysts covering Transocean Ltd. have a median 12-month price target of $6.6, with estimates ranging from $4 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 14 analysts covering Transocean Ltd., 5 rate it a Buy, 6 a Hold and 3 a Sell. Ticker Nerd's systematic factor model ranks Transocean Ltd. 52 out of 100 across roughly 4,600 US stocks as at 6 Aug 2026. None of this is personal advice — it does not consider your circumstances.

How does Ticker Nerd's model rank RIG?

As at 6 Aug 2026, Transocean Ltd. ranks 52 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 14 analysts implies +27.9% from the last close, and Ticker Nerd's factor model ranks Transocean Ltd. 52 out of 100 as at 6 Aug 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 to $10 over the next 12 months.

How has RIG stock performed over the past year?

Transocean Ltd. returned +70.3% over the 12 months to 6 Aug 2026, with dividends reinvested. Past performance does not indicate future returns.

What does Transocean Ltd. do?

Transocean Ltd. is an offshore contract drilling company that provides drilling services for oil and gas wells worldwide.

What is the latest news on RIG?

The most recent item we track (Seeking Alpha, 7 Aug 2026): "Transocean Ltd. (RIG) Q2 2026 Earnings Call Transcript". Seeking Alpha published the transcript of Transocean Ltd.'s Q2 2026 earnings call. The transcript documents the company's second-quarter 2026 earnings conference.

Company

About Transocean Ltd.

Transocean Ltd. is an offshore contract drilling company that provides drilling services for oil and gas wells worldwide. The company specializes in operating mobile offshore drilling units, with a fleet that includes ultra-deepwater, deepwater, midwater, and harsh-environment rigs designed to work in technically demanding and remote marine locations. Transocean Ltd. contracts its rigs, equipment, and experienced crews to energy producers, supporting exploration, appraisal, and development drilling activities across major offshore basins. Its capabilities are particularly relevant for complex projects that require high-specification floating rigs, such as deepwater and ultra-deepwater fields. Headquartered in Steinhausen, Switzerland, and founded in 1953, Transocean Ltd. plays a significant role in the global energy supply chain by enabling access to offshore hydrocarbon resources that cannot be reached with land-based or shallow-water drilling solutions. The company’s operations are closely tied to activity levels in the upstream oil and gas industry and the demand for technologically advanced offshore drilling services.

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