Transocean Stock Forecast

Stock Price Forecast

According to 13 analysts polled by S&P Global, Transocean stock has a consensus rating of "Hold" and an average price target of $6.30. The average 1-year stock price forecast is 6.60% higher than the current stock price, while the lowest is $4.00 (-32.32%) and the highest is $10 (+69.20%).

Price Target: $6.30 (+6.60%)

Analyst Consensus: Hold

Target	Low	Average	Median	High
Price	$4.00	$6.30	$6.00	$10
Change	-32.32%	+6.60%	+1.52%	+69.20%

Analyst Ratings

The average analyst rating for Transocean stock is "Hold". This means that analysts believe this stock is likely to perform similarly to the overall market.

Recommendation Trends

Rating	Jan '26	Feb '26	Mar '26	Apr '26	May '26	Jun '26
Strong Buy	3	2	2	2	3	3
Buy	1	0	0	0	1	1
Hold	7	7	7	7	6	6
Sell	2	2	2	2	2	2
Strong Sell	0	1	1	1	1	1
Total	13	12	12	12	13	13

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Saurabh Pant Bank of America Securities	Bank of America Securities	Sell Maintains $3.5 → $4	Sell	Maintains	$3.5 → $4	-32.32%	May 19, 2026
Gregory Lewis BTIG	BTIG	Buy Maintains $10	Buy	Maintains	$10	+69.20%	May 13, 2026
Eddie Kim Barclays	Barclays	Buy Upgrades $6 → $8	Buy	Upgrades	$6 → $8	+35.36%	May 7, 2026
Charles Minervino Susquehanna	Susquehanna	Buy Maintains $8	Buy	Maintains	$8	+35.36%	May 6, 2026
Marc Bianchi TD Cowen	TD Cowen	Hold Maintains $5.5 → $6	Hold	Maintains	$5.5 → $6	+1.52%	May 6, 2026

More Analyst Ratings

Financial Forecast

Revenue This Year

3.86B

from 3.97B

-2.59%

from 3.97B

Revenue Next Year

3.82B

from 3.86B

-1.02%

from 3.86B

EPS This Year

0.13

from 0.04

222.32%

from 0.04

EPS Next Year

0.28

from 0.13

115.42%

from 0.13

Fiscal Year	FY 2021	FY 2022	FY 2023	FY 2024	FY 2025	FY 2026
Period Ending	Dec 31, 2021	Dec 31, 2022	Dec 31, 2023	Dec 31, 2024	Dec 31, 2025	Dec 31, 2026
Revenue	2.56B	2.58B	2.83B	3.52B	3.97B	3.86B
Revenue Growth	-18.91%	0.74%	9.98%	24.44%	12.51%	-2.59%
Gross Profit	871.00M	907.00M	872.00M	1.35B	1.56B	1.53B
Gross Margin	34.08%	35.22%	30.79%	38.31%	39.32%	39.70%
Operating Income	-32.00M	-8.00M	-64.00M	395.00M	706.00M	762.58M
Net Income	-592.00M	-621.00M	-954.00M	-512.00M	-2.92B	198.80M
EPS	-	-	-	-	0.04	0.13
EPS Growth	-	-	-	-	-	222.32%
Forward PE	-	-	-	53.96	22.00	45.84
Free Cash Flow	506.63M	34.38M	106.25M	-20.38M	1.01B	799.00M
No. Analysts	-	-	-	-	-	7

EPS and Forward PE are based on non-GAAP adjusted numbers.

Revenue Forecast

Revenue	2026	2027	2028
High	3.9B
Avg	3.9B
Low	3.8B

Revenue Growth

Revenue Growth	2026	2027	2028
High	-2.0%
Avg	-2.6%
Low	-2.9%

EPS Forecast

EPS	2026	2027	2028
High	0.23
Avg	0.13
Low	0.08

EPS Growth

EPS Growth	2026	2027	2028
High	475.0%
Avg	222.3%
Low	108.9%