Companies /Energy

Transocean Ltd

NYSE: RIG Oil & Gas Drilling
$6.94
▲ $0.25 (+3.66%) today
Markets open · 4:17pm ET
24/7 Rating HOLD
Our 12-month price target
$7.12
+3.5% upside by Oct 2027
Price when calculated $6.88 Oct 30, 2026
Street consensus $6.56 13 analysts
Ours vs. the Street +8.5% Our target vs. consensus

Set by 24/7 Wall St.’s proprietary analysis of professional targets, profit trajectory, sector, risk, and retail attention. Recalculated at least weekly and after every earnings report.

How we calculate it →
12-Month Projection Historical Optimistic Target Conservative
$4$6$8Oct 2025Oct 2027Oct 30$7.72$7.12$5.77
$4$6$8Oct 2025Oct 2027Oct 30$7.72$7.12$5.77

Analyst Sentiment

13ANALYSTS
Buy646%
Hold538%
Sell215%
The Bottom Line

Transocean is fairly valued at current levels. With our price target of $7.12 suggesting modest upside, the stock appears to be trading near fair value. Consider your portfolio allocation and investment timeline before making a decision.

The 24/7 Factor

Base Growth
Conservative growth baseline (reduced to avoid double-counting P/E growth)
1.05×
Analyst Consensus
Mixed analyst views
+1.9%
Volatility Adjustment
Higher volatility stock
−0.8%
Price Position
Upper range of 52-week trading
+0.5%
Read our full methodology →

5-Year Projection

Long-Term Forecast Optimistic Target Conservative
$6$8’26’27’28’29’30’31$9.74$8.49$5.78
$6$8’26’27’28’29’30’31$9.74$8.49$5.78

Prediction History

RIG Price Target History Our Target Stock Price
$4$6$8Jul 31Oct 23$6.92$6.41
$4$6$8Jul 31Oct 23$6.92$6.41
Date Price Target Stock Price Rating Upside
$6.92 $6.41 BUY +8.0%
$6.58 $5.61 BUY +17.2%
$6.53 $5.51 BUY +18.6%
$6.40 $5.17 BUY +23.8%
$6.49 $5.39 BUY +20.5%
$4.76 $5.64 SELL −15.5%
$4.82 $5.67 SELL −15.0%
$4.87 $5.85 SELL −16.8%

Frequently Asked Questions

What is the RIG stock price prediction for 2030?

Looking ahead to 2030, our model projects RIG could trade at an average price of $8.14, with a potential range between $6.11 and $10.18. This represents a potential 18.3% return from today’s price. Long-term forecasts depend heavily on company execution, competitive dynamics, and broader market conditions.

Is RIG a buy, sell, or hold right now?

24/7 Wall St. currently rates RIG as a HOLD. Near fair value (3.5%) Among Wall Street analysts, 6 rate it Buy, 5 rate it Hold, and 2 rate it Sell.

What is the RIG stock price target in an optimistic scenario?

In our optimistic scenario for RIG, the stock could reach $7.72 over the next 12 months, representing a 12.2% gain from today’s price. This scenario assumes favorable conditions materialize, including strong earnings growth, positive market sentiment, and successful execution of company initiatives.

What is the downside risk for RIG stock?

In our conservative scenario, RIG could trade as low as $5.77 over the next 12 months, representing a 16.1% decline from current levels. This scenario accounts for potential headwinds including earnings misses, competitive pressures, or broader market weakness.

Projections are estimates based on current data, updated daily. Not investment advice. Learn how we calculate these projections →