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Home โบ Stocks โบ Transocean Ltd. (RIG) Stock Forecast & Price Prediction Switzerland | NYSE | Energy | Oil & Gas Drilling
$2.61
-0.05 (-1.88%)10 Quality Stocks Worth Considering Now
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Based on our analysis of 21 Wall Street analysts, RIG has a neutral consensus with a median price target of $4.13 (ranging from $3.00 to $5.50). The overall analyst rating is Buy (7.1/10). Currently trading at $2.61, the median forecast implies a 58.0% upside. This outlook is supported by 5 Buy, 8 Hold, and 1 Sell ratings.
The most optimistic forecast comes from Marc Bianchi at TD Cowen, projecting a 110.7% upside. Conversely, the most conservative target is provided by Ian Macpherson at Piper Sandler, suggesting a 14.9% upside.
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.
These are the latest 20 analyst ratings and price targets for RIG.
Date | Firm | Analyst | Rating | Change | Price Target |
---|---|---|---|---|---|
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 | $0.00 |
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 | $0.00 |
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 |
Sep 12, 2024 | Citigroup | Scott Gruber | Neutral | Downgrade | $0.00 |
Aug 2, 2024 | Benchmark | Kurt Hallead | Buy | Reiterates | $8.00 |
Jul 25, 2024 | Benchmark | Kurt Hallead | Buy | Reiterates | $8.00 |
May 1, 2024 | Evercore ISI Group | James West | Outperform | Maintains | $7.00 |
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. has a market capitalization of $2.35B with a P/E ratio of -4.3x. The company generates $3.67B in trailing twelve-month revenue with a -18.8% profit margin.
Revenue growth is +18.7% quarter-over-quarter, while maintaining an operating margin of +6.8% and return on equity of -6.6%.
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Provides offshore drilling services for oil and gas.
Transocean Ltd. operates by offering deepwater and ultra-deepwater drilling services to major oil companies globally. The company generates revenue through contracts for drilling operations, leveraging its advanced fleet of rigs designed for extreme conditions.
Headquartered in Switzerland, Transocean plays a significant role in the energy sector by supporting offshore hydrocarbon exploration and production. Its focus on safety, efficiency, and environmental sustainability positions it as a key partner in the global energy supply chain.
Energy
Oil & Gas Drilling
5,470
Mr. Jeremy D. Thigpen
Switzerland
1993
RIG's ultra-deepwater rig has started drilling for BP in the Gulf of America under a three-year contract valued at over $500 million.
RIG's new contract with BP enhances revenue stability and growth potential, signaling strong demand in the offshore drilling sector, which could positively impact stock performance.
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Transocean's stock is considered undervalued amid geopolitical challenges and oil price fluctuations. Q1 2025 results met expectations, showing stable backlog and reduced long-term liabilities.
Transocean's undervalued stock, stable backlog, and reduced long-term liabilities signal potential for recovery, making it an attractive opportunity amid market volatility.
Transocean's Q1/2025 results exceeded expectations, with Q2 guidance aligning with consensus. Year-end liquidity was raised by $100M due to lower capex and cost savings.
Transocean's Q1 results surpassing expectations and raised liquidity guidance signal financial health, while competitor contract changes may impact market positioning and future revenues.
Transocean's stock (RIG) fell over 3% following the release of its quarterly earnings report, which investors reacted negatively to.
Transocean's disappointing quarterly earnings led to a significant stock decline, indicating investor concerns about profitability and future performance in a volatile oil market.
Transocean Ltd. (NYSE:RIG) will hold its Q1 2025 Earnings Conference Call on April 29, 2025, at 10:00 AM ET, featuring key executives and analysts from various financial institutions.
Transocean's Q1 2025 earnings call will provide insights into financial performance, operational updates, and future guidance, impacting stock valuation and investor sentiment.
Based on our analysis of 21 Wall Street analysts, Transocean Ltd. (RIG) has a median price target of $4.13. The highest price target is $5.50 and the lowest is $3.00.
According to current analyst ratings, RIG has 5 Buy ratings, 8 Hold ratings, and 1 Sell ratings. The stock is currently trading at $2.61. Always conduct your own research and consider your investment goals before making investment decisions.
Wall Street analysts predict RIG stock could reach $4.13 in the next 12 months. This represents a 58.0% increase from the current price of $2.61. Please note that this is a projection by Wall Street analysts and not a guarantee.
Transocean Ltd. operates by offering deepwater and ultra-deepwater drilling services to major oil companies globally. The company generates revenue through contracts for drilling operations, leveraging its advanced fleet of rigs designed for extreme conditions.
The highest price target for RIG is $5.50 from Marc Bianchi at TD Cowen, which represents a 110.7% increase from the current price of $2.61.
The lowest price target for RIG is $3.00 from Ian Macpherson at Piper Sandler, which represents a 14.9% increase from the current price of $2.61.
The overall analyst consensus for RIG is neutral. Out of 21 Wall Street analysts, 5 rate it as Buy, 8 as Hold, and 1 as Sell, with a median price target of $4.13.
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.
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.