RIGEnergy · Oil & Gas DrillingThe 13 Wall Street analysts covering Transocean Ltd. hold a median 12-month price target of $6.7 — +13.3% from the last close. Ticker Nerd's systematic factor model, run across ~4,600 US stocks, ranks it 69 of 100 as at 22 Aug 2026 — in the upper half.
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 (25): 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.
The green dot is the last close — the median target sits +13.3% 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.
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 80% of US stocks
Cheaper than 48% of US stocks
Higher than 24% of US stocks
Higher than 33% of US stocks
Higher than 94% of US stocks
Higher than 75% of US stocks
Higher than 11% of US stocks
Higher than 31% of US stocks
Higher than 69% of US stocks
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.
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 has secured a two-year contract from ONGC for an ultra-deepwater drillship, valued at roughly $300 million. The award includes priced options that could extend the rig's deployment in India into early 2031.
Why it matters — This new multi-year ONGC contract adds visible utilization and future revenue for one of Transocean's ultra-deepwater rigs, a key part of its fleet.
Transocean Ltd. announced a two-year binding Letter of Award for the Dhirubhai Deepwater KG2 ultra-deepwater drillship with ONGC in India, valued at approximately $300 million.
Why it matters — A new multi-year contract for an ultra-deepwater drillship adds to Transocean's fleet utilization and forward backlog.
Transocean reported Q2 earnings that beat analyst estimates, though revenues declined year over year. The beat was supported by stronger revenues, utilization, and day rates from its harsh-environment floaters despite the overall lower sales.
Why it matters — For RIG watchers, the earnings beat and strength in harsh-environment floater performance signal that a key segment of the fleet is performing well even as total revenue falls.
On CNBC's "Halftime Report Final Trades," Jim Lebenthal, partner and chief market strategist at Cerity Partners, recommended Transocean Ltd. (NYSE:RIG), an energy stock, as one of the show's final trades.
Why it matters — A well-known market strategist publicly recommending RIG on a national financial program raises visibility for the stock among investors.
Transocean reported second-quarter results that beat its prior revenue and cost guidance, supported by 98% fleet uptime, contract additions, and lower-than-expected operating expenses. The offshore drilling contractor also said it expects to close its acquisition of Valaris in the fourth quarter, pending remaining regulatory approvals.
Why it matters — A RIG watcher would care because the company beat its own guidance on strong fleet uptime and cost control, and it provided clarity on the expected fourth-quarter closing of the Valaris acquisition.
The 13 Wall Street analysts covering Transocean Ltd. have a median 12-month price target of $6.7, 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. 69 out of 100 across roughly 4,600 US stocks as at 22 Aug 2026. None of this is personal advice — it does not consider your circumstances.
As at 22 Aug 2026, Transocean Ltd. ranks 69 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 +13.3% from the last close, and Ticker Nerd's factor model ranks Transocean Ltd. 69 out of 100 as at 22 Aug 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 +109.0% over the 12 months to 21 Aug 2026, with dividends reinvested. Past performance does not indicate future returns.
Transocean Ltd. is an offshore contract drilling company that provides drilling services for oil and gas wells worldwide.
The most recent item we track (Zacks Investment Research, 21 Aug 2026): "Transocean Secures $300M ONGC Contract for Ultra-Deepwater Rig". Transocean has secured a two-year contract from ONGC for an ultra-deepwater drillship, valued at roughly $300 million. The award includes priced options that could extend the rig's deployment in India into early 2031.
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