Transocean Ltd. (RIG)
NYSE: RIG · Real-Time Price · USD
3.530
-0.020 (-0.56%)
At close: Dec 20, 2024, 4:00 PM
3.550
+0.020 (0.57%)
After-hours: Dec 20, 2024, 7:56 PM EST
Transocean Stock Forecast
Stock Price Forecast
The 7 analysts with 12-month price forecasts for Transocean stock have an average target of 5.86, with a low estimate of 4.50 and a high estimate of 7.00. The average target predicts an increase of 66.01% from the current stock price of 3.53.
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 | Jul '24 | Aug '24 | Sep '24 | Oct '24 | Nov '24 | Dec '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 3 | 2 | 1 | 0 | 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 | 11 | 10 | 9 | 9 | 9 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Barclays | Barclays | Hold → Buy Upgrades $4.5 | Hold → Buy | Upgrades | $4.5 | +27.48% | Dec 18, 2024 |
| JP Morgan | JP Morgan | Sell → Hold Upgrades $5 | Sell → Hold | Upgrades | $5 | +41.64% | Dec 6, 2024 |
| Benchmark | Benchmark | Hold Reiterates n/a | Hold | Reiterates | n/a | n/a | Dec 3, 2024 |
| Susquehanna | Susquehanna | Buy Maintains $7 → $6.5 | Buy | Maintains | $7 → $6.5 | +84.14% | Nov 1, 2024 |
| Barclays | Barclays | Hold Maintains $6 → $4.5 | Hold | Maintains | $6 → $4.5 | +27.48% | Oct 23, 2024 |
Financial Forecast
Revenue This Year
3.57B
from 2.83B
Increased by 26.17%
Revenue Next Year
3.92B
from 3.57B
Increased by 9.82%
EPS This Year
-0.15
from -1.24
EPS Next Year
0.16
from -0.15
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 | 32.5% | 16.3% | 11.7% |
| Avg | 26.2% | 9.8% | 2.5% |
| Low | 21.6% | -1.1% | -9.8% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 0.11 | 0.32 | 0.53 |
| Avg | -0.15 | 0.16 | 0.26 |
| Low | -0.55 | 0.02 | 0.03 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | - | - | 225.6% |
| Avg | - | - | 62.7% |
| Low | - | - | -81.8% |
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.