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
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 | +47.39% | Nov 1, 2024 |
Barclays | Barclays | Hold Maintains $6 → $4.5 | Hold | Maintains | $6 → $4.5 | +2.04% | 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 | +58.73% | Oct 11, 2024 |
Morgan Stanley | Morgan Stanley | Hold Maintains $5 → $6 | Hold | Maintains | $5 → $6 | +36.05% | Oct 3, 2024 |
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
Revenue Forecast
Revenue | 2024 | 2025 | 2026 |
---|---|---|---|
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 | 2024 | 2025 | 2026 |
---|---|---|---|
High | 33.5% | 49.2% | 40.3% |
Avg | 26.4% | 12.8% | 2.1% |
Low | 20.3% | -0.5% | -15.9% |
EPS Forecast
EPS | 2024 | 2025 | 2026 |
---|---|---|---|
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 | 2024 | 2025 | 2026 |
---|---|---|---|
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.