Transocean Ltd (RIG)

Currency in USD
7.470
+0.020(+0.27%)
Real-time Data·
RIG is not included in our AI-picked strategies. See which stocks are.
Fair Value
Day's Range
7.4507.640
52 wk Range
2.3407.660
Key Statistics
Prev. Close
7.45
Open
7.46
Day's Range
7.45-7.64
52 wk Range
2.34-7.66
Volume
2.29M
Average Volume (3m)
36.25M
1-Year Change
192.6863%
Book Value / Share
7.4
Fair Value
unlockUnlock
Fair Value Upside
unlockUnlock
RIG Scorecardpro icon
Company’s Health
Unlock
Fair Value
Unlock Price
Fair Price
Upside
Price Target
6.305
Downside
-15.60%
Members' Sentiments
Bearish
Bullish
ProTips
RSI suggests the stock is in overbought territory

Transocean Ltd News & Analysis

Show more

Technical Analysis

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

Analyst Ratings

4 Buy
6 Hold
3 Sell
Ratings:
13 analysts
Overall Consensus
Neutral

Analysts 12-Month Price Target:

Average 6.305
(-15.60% Downside)
Firm
ArticlePositionPrice TargetUpside / DownsideFrom Price TargetActionDate
Barclays
Buy8.00+5.68%6.00UpgradeMay 07, 2026
Morgan Stanley
Hold7.00-7.53%5.00MaintainApr 15, 2026
Susquehanna
Buy8.00+5.68%7.50MaintainApr 07, 2026
Barclays
Hold6.00-20.74%-MaintainApr 06, 2026
Clarksons Platou
Hold5.90-22.06%4.00DowngradeMar 19, 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 Q1/2026

  • Transocean reported Q1 2026 EPS of -$0.03, missing forecast of $0.08 by 137.5%; revenue beat at $1.08B vs. $1.02B expected, up 5.88%.
  • Stock fell 7.27% in premarket to $6.46 despite strong operational metrics: 97.3% revenue efficiency, $476K average daily revenue, 98% uptime.
  • Adjusted EBITDA reached $440M with 40%+ margin; free cash flow of $136M; backlog increased to over $7B with high operational performance.
  • Full-year 2026 revenue guidance revised to upper end of $3.9B (down $50M); capex increased $20M for environmental upgrades and customer needs.
  • Company plans to retire at least $750M in debt by year-end; analysts predict profitability in 2026 with EPS forecast at $0.23 despite recent losses.
Last Updated: 2026-05-05, 10:50 a/m
Read Full Transcript

Earnings

Latest Release
May 04, 2026
EPS / Forecast
-0.03 / 0.08
Revenue / Forecast
1.08B / 1.02B
EPS Revisions
Last 90 days

RIG Income Statement

Compare RIG to Peers and Sector

Metrics to compare
RIG
Peers
Sector
Relationship
P/E Ratio
−3.0x20.2x5.9x
PEG Ratio
0.020.150.00
Price/Book
1.0x2.2x1.1x
Price / LTM Sales
2.0x2.9x1.6x
Upside (Analyst Target)
−19.4%−3.7%18.5%
Fair Value Upside
Unlock2.6%5.2%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
342.93M30.72%2.55B
Other Institutional Investors
634.62M56.84%4.73B
Public Companies & Retail Investors
138.89M12.44%1.03B
Total
1.12B100.00%8.32B

Top Holders

Holder
% of holding
Shares Held
Date Reported
Value (In 1,000s)
The Vanguard Group, Inc.8.69%97,006,263722,697
Perestroika AS8.65%96,574,894719,483

People Also Watch

1,019.73
GEV
+0.78%
246.38
LNG
-0.16%
14.78
VG
+4.30%
18.800
CIFR
-1.67%

FAQ

What Is the Transocean (RIG) Stock Price Today?

The Transocean stock price today is 7.470 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 8.320B USD.

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

The Transocean EPS (TTM) is -2.720.

When Is the Next Transocean Earnings Date?

Transocean will release its next earnings report on Aug 03, 2026.

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 Buy.

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 May 20, 2026, Transocean (RIG) is trading at a price of 7.470 USD, with a previous close of 7.450 USD. The stock has fluctuated within a day range of 7.450 USD to 7.640 USD, while its 52-week range spans from 2.340 USD to 7.660 USD.

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

The average 12-month price target for Transocean is 6.305 USD, with a high estimate of 10 USD and a low estimate of 4 USD. 4 analysts recommend buying the stock, while 3 suggest selling, leading to an overall rating of Neutral. The stock has an -15.60% Downside potential.

What Is the RIG Premarket Price?

RIG's last pre-market stock price is 7.420 USD. The pre-market share volume is 143,710.000, and the stock has decreased by -0.030, or -0.400%.

What Is the RIG After Hours Price?

RIG's last after hours stock price is 7.350 USD, the stock has decreased by -0.100, or -1.340%.
Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2026 - Fusion Media Limited. All Rights Reserved.