Transocean Ltd (RIG)

Currency in USD
5.450
-0.450(-7.63%)
Closed·
5.410-0.040(-0.73%)
·
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Fair Value
Day's Range
5.4005.960
52 wk Range
3.6807.660
Key Statistics
Prev. Close
5.45
Open
5.86
Day's Range
5.4-5.96
52 wk Range
3.68-7.66
Volume
53.94M
Average Volume (3m)
42.6M
1-Year Change
39.7436%
Book Value / Share
7.57
Fair Value
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Fair Value Upside
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RIG Scorecardpro icon
Company’s Health
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Fair Value
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Fair Price
Upside
Price Target
6.563
Upside
+20.41%
Members' Sentiments
Bearish
Bullish
ProTips
Trading at a low P/E ratio relative to near-term earnings growth

Transocean Ltd News & Analysis

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Technical Analysis

Summary
Strong Sell
Sell
Neutral
Buy
Strong Buy
Strong Sell
Technical Indicators
Strong Sell
Moving Averages
Sell

Analyst Ratings

6 Buy
5 Hold
2 Sell
Ratings:
13 analysts
Overall Consensus
Buy

Analysts 12-Month Price Target:

Average 6.563
(+20.41% Upside)
Firm
ArticlePositionPrice TargetUpside / DownsideFrom Price TargetActionDate
Barclays
Buy7.00+28.44%8.00MaintainAug 12, 2026
Susquehanna
Buy7.00+28.44%8.00MaintainJul 08, 2026
Barclays
Buy8.00+46.79%6.00UpgradeMay 07, 2026
Morgan Stanley
Hold7.00+28.44%5.00MaintainApr 15, 2026
Susquehanna
Buy8.00+46.79%7.50MaintainApr 07, 2026

Transocean Ltd SWOT Analysis


Offshore Challenges
Transocean navigates a volatile offshore drilling market, balancing high-value contracts with idle rig concerns amid industry consolidation and uncertain demand
Financial Crossroads
Despite a $3.74B market cap and $3.3B revenue, Transocean faces near-term losses with EPS estimates of -$0.23 for FY1, potentially turning positive at $0.14 in FY2
Strategic Fleet Assets
Explore how Transocean's advanced ultra-deepwater fleet positions it for premium contracts, exemplified by the $635,000 daily rate BP agreement for Deepwater Atlas
Future Horizons
Delve into analysts' mixed outlook, with price targets around $6, as Transocean aims to capitalize on projected increased offshore activity by 2026
Read full SWOT analysis

Transocean Ltd Earnings Call Summary for Q3/2026

  • Transocean reported Q3 2026 adjusted EPS of $0.02, matching estimates, while revenue of $937M missed forecasts by 0.63%; stock fell 2.81% to $6.055.
  • Fleet uptime hit 98%, with year-to-date contract awards exceeding $4B and standalone backlog reaching $8B; 2027 contract coverage rose to 95%.
  • Company continued debt reduction with $200M note retirement in October; expects year-end liquidity of $1.3B and gross debt below $4.8B.
  • Valaris merger expected to close Dec. 1, generating $200M in annual synergies; combined company guidance to be issued February 2027.
  • Management narrowed 2026 revenue guidance by $25M, raised O&M forecast; flagged $60M increase in 2027 non-allocated O&M costs for fleet repositioning.
Last Updated: 2026-11-03, 10:34 a/m
Read Full Transcript

Earnings

Latest Release
Nov 02, 2026
EPS / Forecast
0.02 / 0.02
Revenue / Forecast
937M / 942.93M
EPS Revisions
Last 90 days

RIG Income Statement

Compare RIG to Peers and Sector

Metrics to compare
RIG
Peers
Sector
Relationship
P/E Ratio
20.8x13.3x5.0x
PEG Ratio
0.190.040.00
Price/Book
0.7x1.6x1.1x
Price / LTM Sales
1.5x2.3x1.3x
Upside (Analyst Target)
20.4%17.1%35.4%
Fair Value Upside
Unlock16.4%12.6%Unlock

Transocean Ltd., together with its subsidiaries, provides offshore contract drilling services for oil and gas wells in Switzerland and internationally. The company contracts mobile offshore drilling rigs, related equipment, and work crews to drill oil and gas wells. It also operates a fleet of mobile offshore drilling units, consisting of ultra-deepwater floaters and harsh environment semisubmersibles. It serves integrated energy companies and their affiliates, government-owned or government-controlled energy companies, and other independent energy companies. Transocean Ltd. was founded in 1926 and is based in Zug, Switzerland.

Ownership

Ownership Overview

Type
Common Stock Held% of Shares OutstandingMarket Value
Mutual Funds & ETFs
448.75M40.18%2.80B
Other Institutional Investors
694.41M59.82%4.33B
Public Companies & Retail Investors
0.000.00%0.00
Total
1.14B100.00%7.12B

Top Holders

Holder
% of holding
Shares Held
Date Reported
Value (In 1,000s)
Perestroika AS8.65%96,574,894601,662
BlackRock, Inc.8.23%91,927,924572,711

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FAQ

What Is the Transocean (RIG) Stock Price Today?

The Transocean stock price today is 5.450 USD.

What Stock Exchange Does Transocean Trade On?

Transocean is listed and trades on the New York Stock Exchange.

What Is the Stock Symbol for Transocean?

The stock symbol for Transocean is "RIG."

What Is the Transocean Market Cap?

As of today, Transocean market cap is 6.090B USD.

What Is Transocean's Earnings Per Share (TTM)?

The Transocean EPS (TTM) is 0.26.

When Is the Next Transocean Earnings Date?

Transocean will release its next earnings report on Feb 22, 2027.

From a Technical Analysis Perspective, Is RIG a Buy or Sell?

Based on moving averages and other technical indicators, the daily buy/sell signal is Strong Sell.

How Many Times Has Transocean Stock Split?

Transocean has split 2 times.

How Many Employees Does Transocean Have?

Transocean has 5220 employees.

What is the current trading status of Transocean (RIG)?

As of Nov 05, 2026, Transocean (RIG) is trading at a price of 5.450 USD, with a previous close of 5.450 USD. The stock has fluctuated within a day range of 5.400 USD to 5.960 USD, while its 52-week range spans from 3.680 USD to 7.660 USD.

What Is Transocean (RIG) Price Target According to Analysts?

The average 12-month price target for Transocean is 6.563 USD, with a high estimate of 10 USD and a low estimate of 4.5 USD. 6 analysts recommend buying the stock, while 2 suggest selling, leading to an overall rating of Buy. The stock has an +20.41% Upside potential.

What Is the RIG Premarket Price?

RIG's last pre-market stock price is 5.850 USD. The pre-market share volume is 123,630.000, and the stock has decreased by -0.050, or -0.850%.

What Is the RIG After Hours Price?

RIG's last after hours stock price is 5.410 USD, the stock has decreased by -0.040, or -0.730%.
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