Transocean Ltd (RIG)

Currency in USD
5.160
+0.020(+0.39%)
Closed·
5.180+0.020(+0.39%)
·
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Fair Value
Day's Range
5.1505.490
52 wk Range
2.7607.660
Key Statistics
Prev. Close
5.14
Open
5.44
Day's Range
5.15-5.49
52 wk Range
2.76-7.66
Volume
47.44M
Average Volume (3m)
36.5M
1-Year Change
74.9153%
Book Value / Share
7.4
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
6.577
Upside
+27.47%
Members' Sentiments
Bearish
Bullish
ProTips
2 analysts have revised their earnings upwards for the upcoming period

Transocean Ltd News & Analysis

Show more

Technical Analysis

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

Analyst Ratings

5 Buy
6 Hold
3 Sell
Ratings:
14 analysts
Overall Consensus
Neutral

Analysts 12-Month Price Target:

Average 6.577
(+27.47% Upside)
Firm
ArticlePositionPrice TargetUpside / DownsideFrom Price TargetActionDate
Susquehanna
Buy7.00+35.66%8.00Maintain08/07/2026
Barclays
Buy8.00+55.04%6.00Upgrade07/05/2026
Morgan Stanley
Hold7.00+35.66%5.00Maintain15/04/2026
Susquehanna
Buy8.00+55.04%7.50Maintain07/04/2026
Barclays
Hold6.00+16.28%-Maintain06/04/2026

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 Q2/2026

  • Transocean Q2 2026 EPS beat estimates at 3¢ vs 1¢ expected; revenue $966M topped $951.75M forecast; shares rose 4.3% to $5.36
  • Generated $212M free cash flow with 32% EBITDA margin; fleet uptime hit 98%, securing contract extensions for Deepwater rigs
  • Net debt fell to $4.3B, down $1.7B in 18 months; leverage improved to 2.8x EBITDA from 5.2x at start of 2025
  • Raised 2026 revenue guidance on contract extensions; expects year-end gross debt under $4.8B and liquidity of $1.25B-$1.35B
  • Management cited tightening offshore market with 94% coverage for 2026, 81% for 2027; cost savings of $200M-$250M expected through 2027
Last Updated: 06/08/2026, 15:30
Read Full Transcript

Earnings

Latest Release
05/08/2026
EPS / Forecast
0.03 / 0.01
Revenue / Forecast
966M / 951.75M
EPS Revisions
Last 90 days

Compare RIG to Peers and Sector

Metrics to compare
RIG
Peers
Sector
Relationship
P/E Ratio
−2.1x16.4x5.4x
PEG Ratio
0.010.060.00
Price/Book
0.7x1.6x1.1x
Price / LTM Sales
1.4x2.3x1.4x
Upside (Analyst Target)
27.9%9.0%29.3%
Fair Value Upside
Unlock13.8%8.5%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
368.42M33.00%1.89B
Other Institutional Investors
672.94M60.28%3.46B
Public Companies & Retail Investors
75.08M6.72%385.91M
Total
1.12B100.00%5.74B

Top Holders

Holder
% of holding
Shares Held
Date Reported
Value (In 1,000s)
Perestroika AS8.65%96,574,894496,395
BlackRock, Inc.7.92%88,371,248454,228

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FAQ

What Is the Transocean (NYSE: RIG) Share Price Today?

The Transocean stock price today is 5.160 USD.

What Stock Exchange Does Transocean (RIG) Trade On?

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

What Is the Ticker (Stock Symbol) for Transocean?

The stock symbol (also called a 'ticker') for Transocean is "RIG."

What Is the Current Transocean Market Capitalisation?

As of today, Transocean (NYSE: RIG) market cap is 5.740B USD.

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

The Transocean EPS is currently -2.720 (Trailing Twelve Months).

When Is the Next Transocean Earnings Date?

Transocean's next earnings report will be released on 04/11/2026.

Is RIG a Buy or Sell From a Technical Analyst Perspective?

Based on today's Transocean moving averages and other technical indicators, the daily buy/sell signal for RIG stock is Sell.

How Many Times Has Transocean Stock Split?

Transocean has split 2 times. (See the RIG stock split history page for full effective split date and price information.)

How Many Employees Does Transocean Have?

Transocean has 5220 employees, based on their latest Companies House report.

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

As of 07/08/2026, Transocean (RIG) is trading at a share price of 5.160 USD, with a previous close of 5.140 USD. The stock has fluctuated within a day range of 5.150 USD to 5.490 USD, while its 52-week range spans from 2.760 USD to 7.660 USD.

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

The average 12-month price target for Transocean is 6.577 USD, with a high estimate of 10 USD and a low estimate of 4 USD. 5 analysts recommend buying the stock, while 3 suggest selling, leading to an overall rating of Neutral. The stock has an +27.47% Upside potential.

What Is the RIG Premarket Price?

RIG's last pre-market stock price is 5.381 USD. The pre-market share volume is 273,260.000, and the stock has decreased by 0.241, or 4.690%.

What Is the RIG After Hours Price?

RIG's last after hours stock price is 5.180 USD, the stock has decreased by 0.020, or 0.390%.
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