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$3.09
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$3.10
0.010.33%
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Transocean Analyst Ratings and Price Targets | NYSE:RIG | Benzinga
Transocean Ltd has a consensus price target of $6 based on the ratings of 16 analysts. The high is $12 issued by BTIG on July 28, 2023. The low is $3.5 issued by Morgan Stanley on May 16, 2025. The 3 most-recent analyst ratings were released by Morgan Stanley, Susquehanna, and Barclays on May 16, 2025, April 14, 2025, and April 7, 2025, respectively. With an average price target of $3.67 between Morgan Stanley, Susquehanna, and Barclays, there's an implied 18.27% upside for Transocean Ltd from these most-recent analyst ratings.
Analyst Firms Making Recommendations1
Morgan Stanley
Susquehanna
Barclays
Citigroup
Evercore ISI Group
1calculated from analyst ratings
Analyst Ratings for Transocean
| Buy Now | Get Alert | |||||||
|---|---|---|---|---|---|---|---|---|
| 05/16/2025 | Buy Now | 12.9% | Morgan Stanley | Daniel Kutz37% | $4 → $3.5 | Maintains | Equal-Weight | Get Alert |
| 04/14/2025 | Buy Now | 29.02% | Susquehanna | Charles Minervino63% | $5 → $4 | Maintains | Positive | Get Alert |
| 04/07/2025 | Buy Now | 12.9% | Barclays | David Anderson60% | $4 → $3.5 | Maintains | Overweight | Get Alert |
| 03/27/2025 | Buy Now | 29.02% | Morgan Stanley | Daniel Kutz37% | $5 → $4 | Maintains | Equal-Weight | Get Alert |
| 03/19/2025 | Buy Now | 12.9% | Citigroup | Scott Gruber61% | $4.5 → $3.5 | Maintains | Neutral | Get Alert |
| 02/25/2025 | Buy Now | 29.02% | Barclays | David Anderson60% | $4.5 → $4 | Maintains | Overweight | Get Alert |
| 01/15/2025 | Buy Now | 61.28% | Evercore ISI Group | James West68% | $6 → $5 | Downgrade | Outperform → In-Line | Get Alert |
| 01/08/2025 | Buy Now | 77.41% | TD Cowen | Marc Bianchi60% | $6.5 → $5.5 | Maintains | Hold | Get Alert |
| 12/18/2024 | Buy Now | 45.15% | Barclays | David Anderson60% | $4.5 → $4.5 | Upgrade | Equal-Weight → Overweight | Get Alert |
| 12/06/2024 | Buy Now | 61.28% | JP Morgan | Arun Jayaram63% | → $5 | Upgrade | Underweight → Neutral | Get Alert |
| 12/03/2024 | Buy Now | — | Benchmark | Kurt Hallead37% | — | Reiterates | → Hold | Get Alert |
| 11/01/2024 | Buy Now | 109.66% | Susquehanna | Charles Minervino63% | $7 → $6.5 | Maintains | Positive | Get Alert |
| 10/23/2024 | Buy Now | 45.15% | Barclays | David Anderson60% | $6 → $4.5 | Maintains | Equal-Weight | Get Alert |
| 10/15/2024 | Buy Now | — | Benchmark | Kurt Hallead37% | — | Downgrade | Buy → Hold | Get Alert |
| 10/11/2024 | Buy Now | 125.79% | Susquehanna | Charles Minervino63% | $8 → $7 | Maintains | Positive | Get Alert |
| 10/03/2024 | Buy Now | 93.54% | Morgan Stanley | Daniel Kutz37% | $5 → $6 | Maintains | Equal-Weight | Get Alert |
| 09/16/2024 | Buy Now | 61.28% | Morgan Stanley | Daniel Kutz37% | $7 → $5 | Maintains | Equal-Weight | Get Alert |
| 09/12/2024 | Buy Now | — | Citigroup | Scott Gruber61% | — | Downgrade | Buy → Neutral | Get Alert |
| 08/02/2024 | Buy Now | 158.05% | Benchmark | Kurt Hallead37% | $8 → $8 | Reiterates | Buy → Buy | Get Alert |
| 07/25/2024 | Buy Now | 158.05% | Benchmark | Kurt Hallead37% | $8 → $8 | Reiterates | Buy → Buy | Get Alert |
| 05/01/2024 | Buy Now | 125.79% | Evercore ISI Group | James West68% | $9 → $7 | Maintains | Outperform | Get Alert |
| 04/30/2024 | Buy Now | 158.05% | Benchmark | Kurt Hallead37% | $8 → $8 | Reiterates | Buy → Buy | Get Alert |
| 04/15/2024 | Buy Now | 93.54% | B of A Securities | Chase Mulvehill48% | $5.5 → $6 | Maintains | Underperform | Get Alert |
| 04/08/2024 | Buy Now | 190.3% | Susquehanna | Charles Minervino63% | $5.5 → $9 | Upgrade | Neutral → Positive | Get Alert |
| 03/11/2024 | Buy Now | 93.54% | Piper Sandler | Ian Macpherson60% | $7 → $6 | Maintains | Neutral | Get Alert |
| 02/26/2024 | Buy Now | 125.79% | Morgan Stanley | Daniel Kutz37% | $8 → $7 | Maintains | Equal-Weight | Get Alert |
| 02/22/2024 | Buy Now | 93.54% | Barclays | David Anderson60% | $7 → $6 | Maintains | Equal-Weight | Get Alert |
| 02/21/2024 | Buy Now | 125.79% | Citigroup | Scott Gruber61% | $9 → $7 | Maintains | Buy | Get Alert |
| 02/21/2024 | Buy Now | 77.41% | Susquehanna | Charles Minervino63% | $6.5 → $5.5 | Maintains | Neutral | Get Alert |
| 11/28/2023 | Buy Now | 158.05% | Capital One | Doug Becker70% | → $8 | Initiates | → Overweight | Get Alert |
| 11/01/2023 | Buy Now | 141.92% | Susquehanna | Charles Minervino63% | $9 → $7.5 | Maintains | Neutral | Get Alert |
| 10/17/2023 | Buy Now | 190.3% | Morgan Stanley | Connor Lynagh57% | $8 → $9 | Maintains | Equal-Weight | Get Alert |
| 09/15/2023 | Buy Now | 287.07% | Benchmark | Kurt Hallead37% | → $12 | Reiterates | Buy → Buy | Get Alert |
| 09/12/2023 | Buy Now | 238.69% | Citigroup | Scott Gruber61% | $9.5 → $10.5 | Maintains | Buy | Get Alert |
| 08/14/2023 | Buy Now | 125.79% | Piper Sandler | Luke Lemoine50% | $5 → $7 | Maintains | Neutral | Get Alert |
| 08/07/2023 | Buy Now | 125.79% | Barclays | David Anderson60% | $6 → $7 | Maintains | Equal-Weight | Get Alert |
| 08/02/2023 | Buy Now | 287.07% | Benchmark | Kurt Hallead37% | → $12 | Reiterates | Buy → Buy | Get Alert |
| 08/02/2023 | Buy Now | 190.3% | Susquehanna | Charles Minervino63% | $7.5 → $9 | Maintains | Neutral | Get Alert |
| 08/01/2023 | Buy Now | 287.07% | Benchmark | Kurt Hallead37% | → $12 | Reiterates | Buy → Buy | Get Alert |
| 07/28/2023 | Buy Now | 287.07% | BTIG | Greg Lewis58% | $10 → $12 | Maintains | Buy | Get Alert |
| 07/06/2023 | Buy Now | 158.05% | Morgan Stanley | Connor Lynagh57% | $8 → $8 | Reiterates | Equal-Weight → Equal-Weight | Get Alert |
| 07/05/2023 | Buy Now | 206.43% | Citigroup | Scott Gruber61% | $6.5 → $9.5 | Upgrade | Neutral → Buy | Get Alert |
| 04/18/2023 | Buy Now | 158.05% | Morgan Stanley | Connor Lynagh57% | $4 → $8 | Maintains | Equal-Weight | Get Alert |
| 03/22/2023 | Buy Now | 141.92% | Clarkson Capital Markets | Fredrik Stene14% | → $7.5 | Upgrade | Neutral → Buy | Get Alert |
| 03/22/2023 | Buy Now | 109.66% | Citigroup | Scott Gruber61% | $5.5 → $6.5 | Maintains | Neutral | Get Alert |
| 03/10/2023 | Buy Now | 287.07% | Benchmark | Kurt Hallead37% | $7.5 → $12 | Maintains | Buy | Get Alert |
| 02/23/2023 | Buy Now | 93.54% | Susquehanna | Charles Minervino63% | $5.5 → $6 | Maintains | Neutral | Get Alert |
| 01/19/2023 | Buy Now | 141.92% | Benchmark | Kurt Hallead37% | → $7.5 | Initiates | → Buy | Get Alert |
| 11/18/2022 | Buy Now | 61.28% | Piper Sandler | Luke Lemoine50% | $4 → $5 | Maintains | Neutral | Get Alert |
| 11/08/2022 | Buy Now | 93.54% | Barclays | David Anderson60% | $5 → $6 | Maintains | Overweight | Get Alert |
| 10/17/2022 | Buy Now | 6.44% | Susquehanna | Charles Minervino63% | $4.2 → $3.3 | Maintains | Neutral | Get Alert |
| 10/06/2022 | Buy Now | 61.28% | Barclays | David Anderson60% | $3.5 → $5 | Upgrade | Underweight → Overweight | Get Alert |
| 09/06/2022 | Buy Now | 158.05% | BTIG | Greg Lewis58% | → $8 | Upgrade | Neutral → Buy | Get Alert |
| 08/02/2022 | Buy Now | 45.15% | Capital One | Luke Lemoine50% | → $4.5 | Upgrade | Equal-Weight → Overweight | Get Alert |
FAQ
What is the target price for Transocean (RIG) stock?
The latest price target for Transocean (NYSE:RIG) was reported by Morgan Stanley on May 16, 2025. The analyst firm set a price target for $3.50 expecting RIG to rise to within 12 months (a possible 12.90% upside). 20 analyst firms have reported ratings in the last year.
What is the most recent analyst rating for Transocean (RIG)?
The latest analyst rating for Transocean (NYSE:RIG) was provided by Morgan Stanley, and Transocean maintained their equal-weight rating.
When was the last upgrade for Transocean (RIG)?
The last upgrade for Transocean Ltd happened on December 18, 2024 when Barclays raised their price target to $4.5. Barclays previously had an equal-weight for Transocean Ltd.
When was the last downgrade for Transocean (RIG)?
The last downgrade for Transocean Ltd happened on January 15, 2025 when Evercore ISI Group changed their price target from $6 to $5 for Transocean Ltd.
When is the next analyst rating going to be posted or updated for Transocean (RIG)?
Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of Transocean, and listening in to earnings conference calls. Most analysts do this every three months, so you should get 4 ratings per company per firm each year. The last rating for Transocean was filed on May 16, 2025 so you should expect the next rating to be made available sometime around May 16, 2026.
Is the Analyst Rating Transocean (RIG) correct?
While ratings are subjective and will change, the latest Transocean (RIG) rating was a maintained with a price target of $4.00 to $3.50. The current price Transocean (RIG) is trading at is $3.10, which is out of the analyst’s predicted range.
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