Companies /Energy

Transocean Ltd

NYSE: RIG Oil & Gas Drilling
$5.54
▲ $0.15 (+2.78%) today
Markets closed · 6:47pm ET
24/7 Rating BUY
12-Month Price Target
$6.55 +18.0% upside

Set by 24/7 Wall St.’s proprietary analysis of professional targets, profit trajectory, sector, risk, and retail attention. How we calculate our price targets →

Current close $5.55
Street consensus $6.55
Ours vs. the Street +0.0%
$5.21Conservative$5.55Current$6.55Our Target$7.42Optimistic
12-Month Projection Historical Optimistic Target Conservative
$4$6Oct 2025Oct 2027Today$7.42$6.55$5.21
$4$6Oct 2025Oct 2027Today$7.42$6.55$5.21

Analyst Sentiment

13ANALYSTS
Buy646%
Hold538%
Sell215%
The Bottom Line

Transocean appears attractively valued at current levels. With a 18.0% upside to our $6.55 target, the risk-reward profile looks favorable for investors with a 12-month time horizon. Wall Street agrees, with 46% of analysts rating it a Buy.

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$10’26’27’28’29’30’31$11.11$9.32$5.66
$6$8$10’26’27’28’29’30’31$11.11$9.32$5.66

Prediction History

RIG Price Target History Our Target Stock Price
$4$6$8Jul 16Oct 2$6.40$5.17
$4$6$8Jul 16Oct 2$6.40$5.17
Date Price Target Stock Price Rating Upside
$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%
$7.83 $5.80 BUY +35.0%
$7.94 $5.92 BUY +34.2%
$7.81 $5.76 BUY +35.5%

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 $8.40, with a potential range between $6.30 and $10.50. This represents a potential 51.4% 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 BUY. Strong upside (+18.0%) 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 $7.42 over the next 12 months, representing a 33.7% 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?

Our conservative scenario for RIG projects a price of $5.21 over the next 12 months (-6.1% from current levels), suggesting relatively limited downside if headwinds materialize. No forecast is a guarantee. Position sizing and time horizon still matter.

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