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Transocean Analyst Ratings and Price Targets | NYSE:RIG | Benzinga
Transocean Corp has a consensus price target of $567.61 based on the ratings of 38 analysts. The high is $1350 issued by HSBC on May 10, 2024<. The low is $100 issued by Deutsche Bank on August 5, 2024. The 3 most-recent analyst ratings were released by New Street Research, Goldman Sachs, and Deutsche Bank on August 6, 2024, August 5, 2024, and August 5, 2024, respectively. With an average price target of $118.33 between New Street Research, Goldman Sachs, and Deutsche Bank, there's an implied 0.21% upside for Transocean Corp from these most-recent analyst ratings.
Analyst Firms Making Recommendations1
Susquehanna
Barclays
Morgan Stanley
Citigroup
Evercore ISI Group
1calculated from analyst ratings
Analyst Ratings for Transocean
| Buy Now | Get Alert | |||||||
|---|---|---|---|---|---|---|---|---|
| 04/14/2025 | Buy Now | — | Susquehanna | Charles Minervino59% | $5 → $4 | Maintains | Positive | Get Alert |
| 04/07/2025 | Buy Now | — | Barclays | David Anderson59% | $4 → $3.5 | Maintains | Overweight | Get Alert |
| 03/27/2025 | Buy Now | — | Morgan Stanley | Daniel Kutz44% | $5 → $4 | Maintains | Equal-Weight | Get Alert |
| 03/19/2025 | Buy Now | — | Citigroup | Scott Gruber54% | $4.5 → $3.5 | Maintains | Neutral | Get Alert |
| 02/25/2025 | Buy Now | — | Barclays | David Anderson59% | $4.5 → $4 | Maintains | Overweight | Get Alert |
| 01/15/2025 | Buy Now | — | Evercore ISI Group | James West53% | $6 → $5 | Downgrade | Outperform → In-Line | Get Alert |
| 01/08/2025 | Buy Now | — | TD Cowen | Marc Bianchi60% | $6.5 → $5.5 | Maintains | Hold | Get Alert |
| 12/18/2024 | Buy Now | — | Barclays | David Anderson59% | $4.5 → $4.5 | Upgrade | Equal-Weight → Overweight | Get Alert |
| 12/06/2024 | Buy Now | — | JP Morgan | Arun Jayaram33% | → $5 | Upgrade | Underweight → Neutral | Get Alert |
| 12/03/2024 | Buy Now | — | Benchmark | Kurt Hallead36% | — | Reiterates | → Hold | Get Alert |
| 11/01/2024 | Buy Now | — | Susquehanna | Charles Minervino59% | $7 → $6.5 | Maintains | Positive | Get Alert |
| 10/23/2024 | Buy Now | — | Barclays | David Anderson59% | $6 → $4.5 | Maintains | Equal-Weight | Get Alert |
| 10/15/2024 | Buy Now | — | Benchmark | Kurt Hallead36% | — | Downgrade | Buy → Hold | Get Alert |
| 10/11/2024 | Buy Now | — | Susquehanna | Charles Minervino59% | $8 → $7 | Maintains | Positive | Get Alert |
| 10/03/2024 | Buy Now | — | Morgan Stanley | Daniel Kutz44% | $5 → $6 | Maintains | Equal-Weight | Get Alert |
| 09/16/2024 | Buy Now | — | Morgan Stanley | Daniel Kutz44% | $7 → $5 | Maintains | Equal-Weight | Get Alert |
| 09/12/2024 | Buy Now | — | Citigroup | Scott Gruber54% | — | Downgrade | Buy → Neutral | Get Alert |
| 08/02/2024 | Buy Now | — | Benchmark | Kurt Hallead36% | $8 → $8 | Reiterates | Buy → Buy | Get Alert |
| 07/25/2024 | Buy Now | — | Benchmark | Kurt Hallead36% | $8 → $8 | Reiterates | Buy → Buy | Get Alert |
| 05/01/2024 | Buy Now | — | Evercore ISI Group | James West53% | $9 → $7 | Maintains | Outperform | Get Alert |
| 04/30/2024 | Buy Now | — | Benchmark | Kurt Hallead36% | $8 → $8 | Reiterates | Buy → Buy | Get Alert |
| 04/15/2024 | Buy Now | — | B of A Securities | Chase Mulvehill49% | $5.5 → $6 | Maintains | Underperform | Get Alert |
| 04/08/2024 | Buy Now | — | Susquehanna | Charles Minervino59% | $5.5 → $9 | Upgrade | Neutral → Positive | Get Alert |
| 03/11/2024 | Buy Now | — | Piper Sandler | Ian Macpherson61% | $7 → $6 | Maintains | Neutral | Get Alert |
| 02/26/2024 | Buy Now | — | Morgan Stanley | Daniel Kutz44% | $8 → $7 | Maintains | Equal-Weight | Get Alert |
| 02/22/2024 | Buy Now | — | Barclays | David Anderson59% | $7 → $6 | Maintains | Equal-Weight | Get Alert |
| 02/21/2024 | Buy Now | — | Citigroup | Scott Gruber54% | $9 → $7 | Maintains | Buy | Get Alert |
| 02/21/2024 | Buy Now | — | Susquehanna | Charles Minervino59% | $6.5 → $5.5 | Maintains | Neutral | Get Alert |
| 11/28/2023 | Buy Now | — | Capital One | Doug Becker69% | → $8 | Initiates | → Overweight | Get Alert |
| 11/01/2023 | Buy Now | — | Susquehanna | Charles Minervino59% | $9 → $7.5 | Maintains | Neutral | Get Alert |
| 10/17/2023 | Buy Now | — | Morgan Stanley | Connor Lynagh57% | $8 → $9 | Maintains | Equal-Weight | Get Alert |
| 09/15/2023 | Buy Now | — | Benchmark | Kurt Hallead36% | → $12 | Reiterates | Buy → Buy | Get Alert |
| 09/12/2023 | Buy Now | — | Citigroup | Scott Gruber54% | $9.5 → $10.5 | Maintains | Buy | Get Alert |
| 08/14/2023 | Buy Now | — | Piper Sandler | Luke Lemoine49% | $5 → $7 | Maintains | Neutral | Get Alert |
| 08/07/2023 | Buy Now | — | Barclays | David Anderson59% | $6 → $7 | Maintains | Equal-Weight | Get Alert |
| 08/02/2023 | Buy Now | — | Benchmark | Kurt Hallead36% | → $12 | Reiterates | Buy → Buy | Get Alert |
| 08/02/2023 | Buy Now | — | Susquehanna | Charles Minervino59% | $7.5 → $9 | Maintains | Neutral | Get Alert |
| 08/01/2023 | Buy Now | — | Benchmark | Kurt Hallead36% | → $12 | Reiterates | Buy → Buy | Get Alert |
| 07/28/2023 | Buy Now | — | BTIG | Greg Lewis55% | $10 → $12 | Maintains | Buy | Get Alert |
| 07/06/2023 | Buy Now | — | Morgan Stanley | Connor Lynagh57% | $8 → $8 | Reiterates | Equal-Weight → Equal-Weight | Get Alert |
| 07/05/2023 | Buy Now | — | Citigroup | Scott Gruber54% | $6.5 → $9.5 | Upgrade | Neutral → Buy | Get Alert |
| 04/18/2023 | Buy Now | — | Morgan Stanley | Connor Lynagh57% | $4 → $8 | Maintains | Equal-Weight | Get Alert |
| 03/22/2023 | Buy Now | — | Clarkson Capital Markets | Fredrik Stene15% | → $7.5 | Upgrade | Neutral → Buy | Get Alert |
| 03/22/2023 | Buy Now | — | Citigroup | Scott Gruber54% | $5.5 → $6.5 | Maintains | Neutral | Get Alert |
| 03/10/2023 | Buy Now | — | Benchmark | Kurt Hallead36% | $7.5 → $12 | Maintains | Buy | Get Alert |
| 02/23/2023 | Buy Now | — | Susquehanna | Charles Minervino59% | $5.5 → $6 | Maintains | Neutral | Get Alert |
| 01/19/2023 | Buy Now | — | Benchmark | Kurt Hallead36% | → $7.5 | Initiates | → Buy | Get Alert |
| 11/18/2022 | Buy Now | — | Piper Sandler | Luke Lemoine49% | $4 → $5 | Maintains | Neutral | Get Alert |
| 11/08/2022 | Buy Now | — | Barclays | David Anderson59% | $5 → $6 | Maintains | Overweight | Get Alert |
| 10/17/2022 | Buy Now | — | Susquehanna | Charles Minervino59% | $4.2 → $3.3 | Maintains | Neutral | Get Alert |
| 10/06/2022 | Buy Now | — | Barclays | David Anderson59% | $3.5 → $5 | Upgrade | Underweight → Overweight | Get Alert |
| 09/06/2022 | Buy Now | — | BTIG | Greg Lewis55% | → $8 | Upgrade | Neutral → Buy | Get Alert |
| 08/02/2022 | Buy Now | — | Capital One | Luke Lemoine49% | → $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 Susquehanna on April 14, 2025. The analyst firm set a price target for $4.00 expecting RIG to rise to within 12 months (a possible 59.05% upside). 19 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 Susquehanna, and Transocean maintained their positive 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 April 14, 2025 so you should expect the next rating to be made available sometime around April 14, 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 $5.00 to $4.00. The current price Transocean (RIG) is trading at is $2.52, which is out of the analyst’s predicted range.
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