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RIG Stock Chart & Stats
$5.94
-$0.08(-2.04%)
At close: 4:00 PM EST
$5.94
-$0.08(-2.04%)
Day’s Range― - ―
52-Week Range$2.53 - $7.66
Previous CloseN/A
Volume8.21M
Average Volume (3M)32.10M
Market Cap
$5.50B
Enterprise Value$9.70B
Total Cash (Recent Filing)$615.00M
Total Debt (Recent Filing)$5.27B
Price to Earnings (P/E)―
Beta1.01
Next Earnings
Aug 05, 2026EPS Estimate
<0.01Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)-3.05
Shares Outstanding1,116,622,100
10 Day Avg. Volume35,293,203
30 Day Avg. Volume32,104,803
Financial Highlights & Ratios
PEG Ratio>-0.01
Price to Book (P/B)0.49
Price to Sales (P/S)1.00
P/FCF Ratio6.33
Enterprise Value/Market Cap1.76
Enterprise Value/Revenue2.34
Enterprise Value/Gross Profit2.76
Enterprise Value/Ebitda-6.26
Forecast
1Y Price Target
$7.00Price Target Upside17.85% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering6
EPS Forecast (FY)0.13
Revenue Forecast (FY)$3.84B
Bulls Say, Bears Say
Bulls Say
Sustained Cash Generation And Positive Free Cash FlowTransocean has converted improving operations into durable cash generation: operating cash flow rose materially to $887M TTM and free cash flow to $796M TTM. Positive FCF despite accounting losses supports capex, debt paydown and flexibility to fund reactivations or return capital over the medium term.
Large, Multi-year Backlog And Strong Contract CoverageFirm backlog in excess of $7B and high year-by-year coverage provide multi-quarter visibility into revenue and utilization. This backlog underpins cash flow planning, supports intact dayrate economics for high-spec rigs, and reduces short-term demand risk for the fleet through 2027.
Strong Positioning In High-spec Deepwater/harsh-environment MarketsTransocean’s fleet of high-spec drillships and harsh-environment semis is winning multi-year fixtures across Norway, Brazil and the Eastern Med, reinforcing structural competitive advantage. High-spec demand and limited supply support durable utilization and pricing power in core deepwater markets over the medium term.
Bears Say
Persistently Large Reported Net LossesSignificant accounting losses remain a material structural weakness: deeply negative net income compresses reported returns and can limit access to certain financing channels. Over time, continued accounting losses could erode equity, complicate covenant metrics and increase the need for dilutive financing if not reversed.
Material Remaining Leverage And Liquidity RelianceAlthough leverage is improving, a substantial principal balance (~$5.1B) and ~3.1x net debt/EBITDA leave the company exposed to interest and refinancing risk. Durable deleveraging depends on sustained FCF and successful debt retirements; any cash-flow disruption would pressure liquidity and strategic optionality.
Regulatory And Timing Risk From Valaris AcquisitionThe DOJ second request injects structural uncertainty into a transformational deal that underpins >$200M of pro forma synergies. Delays or remedies could reduce expected cost savings, postpone scale benefits and create integration complexity, affecting strategic plans and medium-term financial targets.
Transocean News
RIG FAQ
What was Transocean LTD’s price range in the past 12 months?
Transocean LTD lowest stock price was $2.53 and its highest was $7.66 in the past 12 months.
What is Transocean LTD’s market cap?
Transocean LTD’s market cap is $5.50B.
When is Transocean LTD’s upcoming earnings report date?
Transocean LTD’s upcoming earnings report date is Aug 05, 2026 which is in 28 days.
How were Transocean LTD’s earnings last quarter?
Transocean LTD released its earnings results on May 04, 2026. The company reported -$0.03 earnings per share for the quarter, missing the consensus estimate of $0.081 by -$0.111.
Is Transocean LTD overvalued?
According to Wall Street analysts Transocean LTD’s price is currently Undervalued.
Does Transocean LTD pay dividends?
Transocean LTD pays a Quarterly dividend of $0.15 which represents an annual dividend yield of N/A. See more information on Transocean LTD dividends here
What is Transocean LTD’s EPS estimate?
Transocean LTD’s EPS estimate is <0.01.
How many shares outstanding does Transocean LTD have?
Transocean LTD has 1,116,622,100 shares outstanding.
What happened to Transocean LTD’s price movement after its last earnings report?
Transocean LTD reported an EPS of -$0.03 in its last earnings report, missing expectations of $0.081. Following the earnings report the stock price went down -9.157%.
Which hedge fund is a major shareholder of Transocean LTD?
Currently, no hedge funds are holding shares in RIG
What is the TipRanks Smart Score and how is it calculated?
Smart Score combines eight research factors - such as analyst recommendations, hedge fund trends, and technical indicators - to measure a stock’s outlook. These signals are unified into a single score that reflects bullish or bearish momentum. See detailed methodology
Transocean Stock Smart Score
Outperform
1
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4
5
6
7
8
9
10
Analyst Consensus
Moderate Buy
Average Price Target:
$7.00 (17.85% Upside)
$7.00 (17.85% Upside)
Blogger Sentiment
Bullish
RIG Sentiment 70%
Sector Average 69%
Sector Average 69%
Hedge Fund Trend
Increased
By 48.6M Shares
Last Quarter.
Last Quarter.
Insider Transactions
Sold Shares
Worth $435.7K over
the Last 3 Months
the Last 3 Months
Crowd Wisdom
Neutral
Last 7 Days ▲ 1.6%
Last 30 Days ▲ 0.9%
Last 30 Days ▲ 0.9%
News Sentiment
Very Bullish
Bullish news 100%
Bearish news 0%
Bearish news 0%
Technicals
SMA
Positive
20 days / 200 days
Momentum
85.23%
12-Months-Change
Fundamentals
Return on Equity
-32.79%
Trailing 12-Months
Asset Growth
-20.34%
Trailing 12-Months
Company Description
Transocean LTD
Transocean Ltd., in conjunction with its subsidiaries, offers specialized contract drilling services for oil and natural gas wells throughout the world. The company provides mobile offshore drilling rigs, all necessary equipment, and skilled workforces to carry out these drilling operations. As of February 14, 2022, Transocean oversaw and held partial ownership interests in a fleet of 37 mobile offshore drilling units. This fleet notably included 27 ultra-deepwater floaters and 10 floaters built to withstand harsh environmental conditions. Its clientele is varied, consisting of major integrated energy corporations, state-owned or government-controlled oil enterprises, and numerous independent energy companies. Established in 1926, Transocean's corporate headquarters are located in Steinhausen, Switzerland.
RIG Earnings Call
Q1 2026
0:00 / 0:00
Earnings Call Sentiment|Positive
The call communicated strong operational execution, robust profitability (Adjusted EBITDA $440M, >40% margin), meaningful backlog growth (~$1.6B incremental; backlog >$7B), improved market visibility with deepwater utilization expected near 100% by 2027, and deliberate balance-sheet improvements (early debt retirements and targeted cost savings). Counterpoints include an antitrust second request on the Valaris acquisition that introduces potential timing/risk, a modest $50M reduction to the upper revenue outlook, modestly higher capex and emerging inflationary pressures (fuel +~100%, freight +30%–50%) and continued reactivation economics that keep some assets cold-stacked. Overall, positive operational and financial momentum outweighs the identified risks, though timing and macro-driven cost pressures warrant monitoring.View all RIG earnings summariesRIG Stock 12 Month Forecast
Average Price Target
$7.00
▲(17.85% Upside)
Technical Analysis
Ownership Overview
26.55% Insiders
17.58% Mutual Funds
0.03% Other Institutional Investors
36.24% Public Companies and Individual Investors