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NYSE: RIG
Transocean Ltd Stock Forecast, Predictions & Price Target

Analyst price target for RIG

Based on 5 analysts offering 12 month price targets for Transocean Ltd.
Min Forecast
$6.00-5.06%
Avg Forecast
$8.00+26.58%
Max Forecast
$12.00+89.87%

Should I buy or sell RIG stock?

Based on 5 analysts offering ratings for Transocean Ltd.
Buy
Strong Buy
2 analysts 40%
Buy
0 analysts 0%
Hold
3 analysts 60%
Sell
0 analysts 0%
Strong Sell
0 analysts 0%

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RIG stock forecasts by analyst

Analyst / FirmRatingActionPrice TargetUpside/DownsideDateAnalyst Color
Morgan Stanley
Bottom 3%
3
HoldMaintains$8.00+26.58%2023-04-18
Clarkson Capital Markets
Bottom 45%
45
Strong BuyUpgrades$7.50+18.67%2023-03-22
Citigroup
Top 23%
78
HoldMaintains$6.50+2.85%2023-03-22
Benchmark
Bottom 16%
16
Strong BuyMaintains$12.00+89.87%2023-03-10
Susquehanna
Top 33%
68
HoldMaintains$6.00-5.06%2023-02-23

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Forecast return on equity

Is RIG forecast to generate an efficient return?
Company
0.52%
Industry
13.92%
Market
13.99%
RIG's Return on Equity is... subscribe to Premium to read more.
Forecast High Return on Equity Forecast

Forecast return on assets

Is RIG forecast to generate an efficient return on assets?
Company
0.27%
Industry
6.08%
RIG is forecast to generate... subscribe to Premium to read more.
Forecast Return on Assets vs Industry Forecast

RIG revenue growth forecast

How is RIG forecast to perform vs Oil & Gas Drilling companies and vs the US market?
Company
10.56%
Industry
6.72%
Market
16.38%
RIG's revenues are forecast to... subscribe to Premium to read more.
Forecast Revenue Growth vs Industry Forecast
RIG's revenues are forecast to... subscribe to Premium to read more.
Forecast Revenue Growth vs Market Forecast

RIG vs Oil & Gas Drilling Stocks

TickerPricePrice TargetUp/downsideConsensus
RIG$6.32$8.00+26.58%Buy
NE$40.19$51.50+28.14%Strong Buy
HP$32.71$44.43+35.83%Buy
PTEN$10.61$18.00+69.65%Strong Buy
BORR$7.48$10.00+33.69%Hold

Transocean Stock Forecast FAQ

Is Transocean Stock a good buy in 2023, according to Wall Street analysts?

The consensus among 5 Wall Street analysts covering (NYSE: RIG) stock is to Buy RIG stock.

Out of 5 analysts, 2 (40%) are recommending RIG as a Strong Buy, 0 (0%) are recommending RIG as a Buy, 3 (60%) are recommending RIG as a Hold, 0 (0%) are recommending RIG as a Sell, and 0 (0%) are recommending RIG as a Strong Sell.

If you're new to stock investing, here's how to buy Transocean stock.

What is RIG's forecast return on equity (ROE) for 2023-2024?

(NYSE: RIG) forecast ROE is 0.52%, which is considered weak.

What is RIG's Price Target?

According to 5 Wall Street analysts that have issued a 1 year RIG price target, the average RIG price target is $8.00, with the highest RIG stock price forecast at $12.00 and the lowest RIG stock price forecast at $6.00.

On average, Wall Street analysts predict that Transocean's share price could reach $8.00 by Apr 18, 2024. The average Transocean stock price prediction forecasts a potential upside of 26.58% from the current RIG share price of $6.32.

What is RIG's forecast return on assets (ROA) for 2023-2024?

(NYSE: RIG) forecast ROA is 0.27%, which is lower than the forecast US Oil & Gas Drilling industry average of 6.08%.
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