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Transocean Ltd. (RIG) Stock Forecast

Data as of May 2, 2026

Energy · Current price $6.85 (+0.37%)

Consensus Target
$6.63
Upside
-3.2%
Analysts
12
Rating
Hold(2.58)

Price Target Range

Low $6.00Consensus $6.63High $7.50
▲ Current $6.85

Consensus Price Target Over Time

Analyst Rating Distribution

Last 3 Months

Consensus
Hold
Strong Buy0
Buy4
Hold3
Sell0
Strong Sell0

6-Month Trend

Latest Analyst Forecasts

Price targets issued by Wall Street analysts. Upside calculated against today's price.

DateAnalystFirmPrice TargetUpside
Jan 7, 2026Charles MinervinoSusquehanna$5.00-27.0%
Nov 5, 2025Eddie KimBarclays$4.50-34.3%
Aug 13, 2025Eddie KimBarclays$4.00-41.6%
May 5, 2025Gregory LewisBTIG$5.00-27.0%
Sep 12, 2024Scott GruberCitigroup$4.50-34.3%
Sep 2, 2024Martin Huseby KarlsenLoop Capital Markets$5.50-19.7%
Apr 2, 2024Greg LewisBTIG$12.00+75.2%
Mar 14, 2022Charles MinervinoSusquehanna$5.60-18.2%
Mar 7, 2022Ian MacphersonPiper Sandler$3.00-56.2%

RIG vs Sector & Market

MetricRIGEnergy AvgLarge Cap Avg
Analyst Rating2.582.532.41
Analyst Count121018
Target Upside-3.2%+33.7%+14.9%
P/E Ratio-2.2430.9231.19

Revenue Estimates

PeriodLowAvgHigh#
2026-12-31$3.83B$3.87B$3.91B7
2027-03-31$919M$936M$957M2
2027-06-30$933M$950M$972M2
2027-09-30$944M$962M$984M2
2027-12-31$911M$928M$949M2
2028-03-31$894M$911M$931M1
2028-06-30$879M$896M$916M1
2028-09-30$883M$900M$920M1
2028-12-31$830M$845M$865M1

EPS Estimates

PeriodLowAvgHigh#
2026-12-31$0.11$0.21$0.296
2027-03-31$0.05$0.05$0.051
2027-06-30$0.05$0.05$0.061
2027-09-30$0.06$0.06$0.061
2027-12-31$0.04$0.04$0.041
2028-03-31$0.03$0.03$0.032
2028-06-30$0.01$0.01$0.012
2028-09-30$0.01$0.01$0.012
2028-12-31$-0.03$-0.03$-0.032

Frequently Asked Questions

What is the analyst consensus for RIG?

The consensus among 12 analysts covering Transocean Ltd. (RIG) is Hold with an average price target of $6.63.

What is the highest price target for RIG?

The highest price target for RIG is $12.00, set by Greg Lewis at BTIG on 2024-04-02.

What is the lowest price target for RIG?

The lowest price target for RIG is $3.00, set by Ian Macpherson at Piper Sandler on 2022-03-07.

How many analysts cover RIG?

12 analysts have issued ratings for Transocean Ltd. in the past 12 months.

Is RIG a buy or sell right now?

Based on 12 analyst ratings, RIG has a consensus rating of Hold (2.58/5) with a -3.2% upside to the consensus target of $6.63.

What are the earnings estimates for RIG?

Analysts estimate RIG will report EPS of $0.21 for the period ending 2026-12-31, with revenue estimated at $3.87B.

Data updated daily. Analyst price targets sourced from public filings and broker reports. Not investment advice.