Transocean Ltd. (RIG)
NYSE: RIG · Real-Time Price · USD
4.466
+0.126 (2.91%)
Nov 22, 2024, 11:14 AM EST - Market open
Transocean Stock Forecast
Stock Price Forecast
The 7 analysts with 12-month price forecasts for Transocean stock have an average target of 6.29, with a low estimate of 4.50 and a high estimate of 8.00. The average target predicts an increase of 40.83% from the current stock price of 4.47.
Analyst Consensus: Hold
Analyst Ratings
The average analyst rating for Transocean stock from 9 stock analysts is "Hold". This means that analysts believe this stock is likely to perform similarly to the overall market.
Recommendation Trends
| Rating | Jun '24 | Jul '24 | Aug '24 | Sep '24 | Oct '24 | Nov '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 3 | 3 | 2 | 1 | 0 | 0 |
| Buy | 3 | 3 | 3 | 3 | 3 | 3 |
| Hold | 5 | 5 | 5 | 5 | 5 | 5 |
| Sell | 1 | 1 | 1 | 1 | 1 | 1 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 12 | 12 | 11 | 10 | 9 | 9 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Susquehanna | Susquehanna | Buy Maintains $7 → $6.5 | Buy | Maintains | $7 → $6.5 | +45.53% | Nov 1, 2024 |
| Barclays | Barclays | Hold Maintains $6 → $4.5 | Hold | Maintains | $6 → $4.5 | +0.75% | Oct 23, 2024 |
| Benchmark | Benchmark | Strong Buy → Hold Downgrades n/a | Strong Buy → Hold | Downgrades | n/a | n/a | Oct 15, 2024 |
| Susquehanna | Susquehanna | Buy Maintains $8 → $7 | Buy | Maintains | $8 → $7 | +56.73% | Oct 11, 2024 |
| Morgan Stanley | Morgan Stanley | Hold Maintains $5 → $6 | Hold | Maintains | $5 → $6 | +34.34% | Oct 3, 2024 |
Financial Forecast
Revenue This Year
3.58B
from 2.83B
Increased by 26.27%
Revenue Next Year
3.92B
from 3.58B
Increased by 9.59%
EPS This Year
-0.09
from -1.24
EPS Next Year
0.14
from -0.09
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 3.8B | 4.2B | 4.4B |
| Avg | 3.6B | 3.9B | 4.0B |
| Low | 3.4B | 3.5B | 3.5B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 32.6% | 16.2% | 13.5% |
| Avg | 26.3% | 9.6% | 2.7% |
| Low | 21.6% | -1.2% | -9.7% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 0.11 | 0.26 | 0.37 |
| Avg | -0.09 | 0.14 | 0.25 |
| Low | -0.16 | 0.02 | 0.03 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | - | - | 171.0% |
| Avg | - | - | 86.9% |
| Low | - | - | -78.3% |
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.