Transocean Ltd. (RIG)
NYSE: RIG · Real-Time Price · USD
4.410
+0.170 (4.01%)
Nov 4, 2024, 4:00 PM EST - Market closed

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 42.63% from the current stock price of 4.41.

Analyst Consensus: Hold
Target Low Average Median High
Price $4.50 $6.29 $6.00 $8.00
Change +2.04% +42.63% +36.05% +81.41%

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 '24Jul '24Aug '24Sep '24Oct '24Nov '24
Strong Buy 332100
Buy 333333
Hold 555555
Sell 111111
Strong Sell 000000
Total 1212111099

Latest Forecasts

Analyst Firm Rating Rating Action Price Target Upside Date
Susquehanna
Susquehanna
Buy
Maintains
$7$6.5
Buy Maintains $7$6.5 +47.39% Nov 1, 2024
Barclays
Barclays
Hold
Maintains
$6$4.5
Hold Maintains $6$4.5 +2.04% Oct 23, 2024
Benchmark
Benchmark
Hold
Downgrades
n/a
Hold Downgrades n/a n/a Oct 15, 2024
Susquehanna
Susquehanna
Buy
Maintains
$8$7
Buy Maintains $8$7 +58.73% Oct 11, 2024
Morgan Stanley
Morgan Stanley
Hold
Maintains
$5$6
Hold Maintains $5$6 +36.05% Oct 3, 2024
More Analyst Ratings

Financial Forecast

Revenue This Year
3.58B
from 2.83B
Increased by 26.41%
Revenue Next Year
4.04B
from 3.58B
Increased by 12.82%
EPS This Year
-0.17
from -1.24
EPS Next Year
0.25
from -0.17
Fiscal Year FY 2019 FY 2020 FY 2021 FY 2022 FY 2023 FY 2024 FY 2025 FY 2026
Period Ending Dec 31, 2019 Dec 31, 2020 Dec 31, 2021 Dec 31, 2022 Dec 31, 2023 Dec 31, 2024 Dec 31, 2025 Dec 31, 2026
Revenue
3.09B3.15B2.56B2.58B2.83B3.58B4.04B4.13B
Revenue Growth
2.32%2.07%-18.91%0.74%9.98%26.41%12.82%2.13%
EPS
-2.05-0.92-0.93-0.89-1.24-0.170.250.32
EPS Growth
-------27.89%
Forward PE
------17.5213.70
No. Analysts -----181814
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue 202420252026
High 3.8B 5.3B 5.7B
Avg 3.6B 4.0B 4.1B
Low 3.4B 3.6B 3.4B

Revenue Growth

Revenue Growth 202420252026
High
33.5%
49.2%
40.3%
Avg
26.4%
12.8%
2.1%
Low
20.3%
-0.5%
-15.9%

EPS Forecast

EPS 202420252026
High -0.07 0.45 0.64
Avg -0.17 0.25 0.32
Low -0.23 0.09 -0.06

EPS Growth

EPS Growth 202420252026
High - -
154.4%
Avg - -
27.9%
Low - - -
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.