Transocean Ltd.(RIG)
NASDAQ

Stock Overview & Analysis

$6.52
0.26 (4.24%)

Transocean Ltd. (RIG) quick overview 2026-02-20

  • The stock is currently trading at $6.52, experiencing a price strength within a larger uptrend—trading above its 50-day average while holding above the 200-day.
  • Analysts appear optimistic, with a 1-year price target of $5.28 (-19.0% upside).
  • Volatility is elevated (64.00% annualized), implying wide price swings.
  • The fundamental story is nuanced: solid revenue growth (8.40% YoY) alongside significant competitive pressures.

Here's What You Need to Know Right Now

Concise, actionable context

Trend posture
Short-term pullback in long-term uptrend
Analyst 1Y target5.28-19.0%
Volatility (30d ann.)64.0042High
RSI (14-day)
70.25 (Neutral)
Debt$6.22B (77.01 D/E)

Transocean Ltd. - Historical Price & Volume

$6.52
+1.85 (+39.61%)
Price
Volume
Current Price Line
Range: 2Y

Market Cap

$6.89B

Enterprise Value: $12.24B

P/E Ratio

N/A

Forward P/E: 34.65

Revenue Growth

+8.40%

Year over Year

Analyst Target

$5.28

+-19.0% upside potential

Key Investor Questions

Clarity over jargon

Is now a good time to buy?
  • Technicals say: Overbought (RSI 70.25)
  • Fundamentals say: Caution warranted (high leverage concerns)
Can its core operations drive future growth?
  • Future growth will depend on performance in core Oil & Gas Drilling operations.
  • The ability to manage competitive pressures will be crucial for sustained growth.
What are the biggest risks?
  • $6.22B in debt could be a headwind in a high-rate environment.
  • Fierce competition from established players in Oil & Gas Drilling.

Trading Range

52-Week Low$1.97
52-Week High$6.57
Current Price$6.52

Over the past year, the stock traded between $1.97 and $6.57—recovering meaningfully from lows and currently near the higher end. Big swings are likely unless a major catalyst emerges.

Volatility

30-Day Volatility64.00%
Beta1.46
RSI (14-day)70.25

With 64.00% annualized volatility and β=1.46, the stock exhibits high sensitivity to market moves—suitable for investors comfortable with active risk management.

Ownership Snapshot

Insider Ownership13.71%
Institutional Ownership73.08%
Shares Short132.76M

High institutional backing, but elevated short interest signals a potential battleground stock.

Analyst Sentiment

Mean Target
$5.28
Upside Potential
-19.0%
Recommendation
hold
The stock is trading above the mean analyst target of $5.28, suggesting it may be fully valued relative to current consensus estimates.

Latest News

Recent headlines and coverage

GuruFocus.comFeb 20, 2026

Transocean Ltd (RIG) Q4 2025 Earnings Call Highlights: Strong Financial Performance and ...

Transocean Ltd (RIG) reports robust EBITDA growth, significant debt reduction, and strategic acquisition plans amid market challenges.

MT NewswiresFeb 20, 2026

Sector Update: Energy Stocks Fall Pre-Bell Friday

Energy stocks were falling pre-bell Friday, with the State Street Energy Select Sector SPDR ETF (XLE

MobyFeb 20, 2026

Transocean Ltd. Q4 2025 Earnings Call Summary

Moby summary of Transocean Ltd.'s Q4 2025 earnings call

ZacksFeb 20, 2026

Transocean (RIG) Q4 Earnings: Taking a Look at Key Metrics Versus Estimates

The headline numbers for Transocean (RIG) give insight into how the company performed in the quarter ended December 2025, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.

ZacksFeb 20, 2026

Transocean (RIG) Q4 Earnings Lag Estimates

Transocean (RIG) delivered earnings and revenue surprises of -76.47% and +0.44%, respectively, for the quarter ended December 2025. Do the numbers hold clues to what lies ahead for the stock?

Associated Press FinanceFeb 20, 2026

Transocean: Q4 Earnings Snapshot

STEINHAUSEN, Switzerland (AP) — Transocean Ltd. (RIG) on Thursday reported fourth-quarter profit of $25 million. On a per-share basis, the Steinhausen, Switzerland-based company said it had net income of 2 cents. The results did not meet Wall Street expectations.

ZacksFeb 18, 2026

Are These 3 Energy Stocks Set to Beat Q4 Earnings Estimates?

Oil slumps while natural gas surges in Q4. Can FTI, RIG and TRGP defy pricing pressures and beat earnings estimates?

ZacksFeb 18, 2026

Seeking Clues to Transocean (RIG) Q4 Earnings? A Peek Into Wall Street Projections for Key Metrics

Besides Wall Street's top-and-bottom-line estimates for Transocean (RIG), review projections for some of its key metrics to gain a deeper understanding of how the company might have fared during the quarter ended December 2025.

24/7 Wall St.Feb 18, 2026

Here Are Wednesday’s Top Wall Street Analyst Research Calls: Cadence Design, Crox, Genuine Parts, Kratos Defense, Medtronic, Palantir, StubHub, Transocean, and More

Pre-Market Stock Futures: Futures are trading higher after a sluggish start to the holiday-shortened trading week. While stocks started as if it were going to be another risk-off day, they turned positive by late morning, and all the indices ended the day modestly higher. With a trove of economic data on the way, and fourth-quarter ... Here Are Wednesday’s Top Wall Street Analyst Research Calls: Cadence Design, Crox, Genuine Parts, Kratos Defense, Medtronic, Palantir, StubHub, Transocean, and Mo

Simply Wall St.Feb 18, 2026

Transocean Valaris Merger Tests Scale Versus Dilution For Investors

Transocean (NYSE:RIG) has agreed to acquire Valaris in an all stock merger. The combination is expected to create one of the largest offshore drilling fleets globally. The deal includes anticipated cost synergies and broader exposure across key offshore basins. Transocean, a major offshore drilling contractor, is set to combine with Valaris in a transaction that would significantly expand its rig fleet and geographic reach. For you as an investor, this move sits at the intersection of...

Frequently Asked Questions

Common investor questions about Transocean Ltd.

Transocean Ltd. (RIG) is currently trading at $6.52. The RSI (14-day) is at 70.3, indicating overbought territory (potentially overheated). Wall Street analysts have a consensus "hold" recommendation. The mean analyst price target of $5.28 implies 19.0% downside from current levels. Volatility is high at 64.0% annualized, meaning significant price swings are common. Investors should consider their risk tolerance, investment horizon, and portfolio diversification before making a decision.

Based on current valuation metrics for Transocean Ltd. (RIG): The trailing P/E ratio is not available (the company may not be profitable). The forward P/E is 34.65. Price-to-Book is 0.85. Price-to-Sales is 1.78. Valuation should be compared to Oil & Gas Drilling industry peers for context, as different sectors trade at different multiples.

Based on 11 analysts covering RIG, the consensus price target is $5.28. This represents a 19.0% downside from the current price of $6.52. The range spans from a low target of $3.00 to a high target of $10.00, reflecting varying levels of optimism among analysts. The consensus recommendation is "hold". Note: Analyst price targets are forward-looking estimates and not guarantees of future performance.

Transocean Ltd. (RIG) does not currently pay a regular dividend. The company may be reinvesting profits into growth initiatives, or may not yet be profitable enough to distribute earnings to shareholders.

Key risks for Transocean Ltd. (RIG) investors include: 1. High volatility (64.0% annualized)—the stock can experience significant daily price swings. 2. The company is not currently profitable on a trailing basis, which creates earnings uncertainty. 3. Elevated short interest (13.3% of float) suggests significant bearish sentiment. 4. Broader market and macroeconomic risks (interest rates, inflation, geopolitical events). 5. Oil & Gas Drilling sector-specific competitive pressures. Investors should diversify and consider their risk tolerance before investing.

Here is Transocean Ltd.'s (RIG) current debt and financial health profile: Total debt stands at $6.22B. The debt-to-equity ratio is 77.01, which is moderate and generally manageable for most companies. The current ratio is 1.08, indicating adequate short-term liquidity. The quick ratio is 0.63. The company holds $833.00M in cash and equivalents. Free cash flow is positive at $910.37M, providing a cushion for debt servicing and shareholder returns.