Transocean Ltd. (RIG)
NYSE: RIG · IEX Real-Time Price · USD
6.30
+0.05 (0.80%)
Mar 28, 2024, 1:15 PM EDT - Market open
Transocean Stock Forecast
Stock Price Forecast
The 10 analysts with 12-month price forecasts for Transocean stock have an average target of 7.95, with a low estimate of 5.50 and a high estimate of 12. The average target predicts an increase of 26.19% from the current stock price of 6.30.
Analyst Consensus: Buy
Analyst Ratings
The average analyst rating for Transocean stock from 10 stock analysts is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.
Recommendation Trends
Rating | Oct '23 | Nov '23 | Dec '23 | Jan '24 | Feb '24 | Mar '24 |
---|---|---|---|---|---|---|
Strong Buy | 4 | 4 | 4 | 4 | 4 | 3 |
Buy | 0 | 1 | 1 | 1 | 1 | 1 |
Hold | 4 | 4 | 4 | 4 | 5 | 6 |
Sell | 0 | 0 | 0 | 0 | 0 | 0 |
Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
Total | 8 | 9 | 9 | 9 | 10 | 10 |
Latest Forecasts
Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
---|---|---|---|---|---|---|---|
Piper Sandler | Piper Sandler | Hold Maintains $7 → $6 | Hold | Maintains | $7 → $6 | -4.76% | Mar 11, 2024 |
Morgan Stanley | Morgan Stanley | Hold Maintains $8 → $7 | Hold | Maintains | $8 → $7 | +11.11% | Feb 26, 2024 |
Barclays | Barclays | Hold Maintains $7 → $6 | Hold | Maintains | $7 → $6 | -4.76% | Feb 22, 2024 |
Citigroup | Citigroup | Strong Buy Maintains $9 → $7 | Strong Buy | Maintains | $9 → $7 | +11.11% | Feb 21, 2024 |
Susquehanna | Susquehanna | Hold Maintains $6.5 → $5.5 | Hold | Maintains | $6.5 → $5.5 | -12.70% | Feb 21, 2024 |
Financial Forecast
Revenue This Year
3.66B
from 2.83B
Increased by 29.27%
Revenue Next Year
4.07B
from 3.66B
Increased by 11.23%
EPS This Year
-0.04
from -1.24
EPS Next Year
0.52
from -0.04
Revenue Forecast
Revenue | 2024 | 2025 | 2026 |
---|---|---|---|
High | 4.0B | 4.4B | 4.7B |
Avg | 3.7B | 4.1B | 4.2B |
Low | 3.4B | 3.7B | 3.9B |
Revenue Growth
Revenue Growth | 2024 | 2025 | 2026 |
---|---|---|---|
High | 41.0% | 20.3% | 14.7% |
Avg | 29.3% | 11.2% | 3.1% |
Low | 19.0% | 0.6% | -4.9% |
EPS Forecast
EPS | 2024 | 2025 | 2026 |
---|---|---|---|
High | 0.25 | 1.02 | 0.93 |
Avg | -0.04 | 0.52 | 0.53 |
Low | -0.25 | 0.28 | 0.11 |
EPS Growth
EPS Growth | 2024 | 2025 | 2026 |
---|---|---|---|
High | - | - | 78.8% |
Avg | - | - | 2.6% |
Low | - | - | -79.2% |
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.