Q4 Earnings Forecast for Transocean Issued By Zacks Research

Transocean Ltd. (NYSE:RIGFree Report) – Analysts at Zacks Research boosted their Q4 2025 earnings per share (EPS) estimates for shares of Transocean in a research report issued to clients and investors on Wednesday, November 19th. Zacks Research analyst Team now anticipates that the offshore drilling services provider will earn $0.08 per share for the quarter, up from their prior forecast of $0.07. The consensus estimate for Transocean’s current full-year earnings is $0.14 per share. Zacks Research also issued estimates for Transocean’s Q2 2026 earnings at $0.03 EPS.

Transocean (NYSE:RIGGet Free Report) last released its quarterly earnings data on Wednesday, October 29th. The offshore drilling services provider reported $0.06 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.04 by $0.02. Transocean had a positive return on equity of 0.43% and a negative net margin of 75.71%.The company had revenue of ($1,894.00) million during the quarter, compared to analysts’ expectations of $1.01 billion. Transocean’s revenue was up 8.4% on a year-over-year basis.

Other equities analysts have also issued reports about the stock. Weiss Ratings reaffirmed a “sell (d-)” rating on shares of Transocean in a research report on Wednesday, October 8th. Barclays raised their target price on shares of Transocean from $4.00 to $4.50 and gave the stock an “overweight” rating in a report on Wednesday, November 5th. Wall Street Zen upgraded Transocean from a “sell” rating to a “hold” rating in a research note on Sunday, August 10th. Finally, Citigroup raised their price objective on Transocean from $3.50 to $4.25 and gave the stock a “neutral” rating in a research note on Friday, November 14th. Three investment analysts have rated the stock with a Buy rating, six have assigned a Hold rating and one has given a Sell rating to the stock. According to MarketBeat.com, the company has a consensus rating of “Hold” and a consensus price target of $4.39.

Get Our Latest Analysis on RIG

Transocean Trading Down 0.6%

Shares of NYSE:RIG opened at $4.11 on Thursday. Transocean has a 12-month low of $1.97 and a 12-month high of $4.51. The business has a 50 day moving average of $3.58 and a 200-day moving average of $3.09. The company has a quick ratio of 0.99, a current ratio of 1.26 and a debt-to-equity ratio of 0.63. The stock has a market cap of $4.52 billion, a PE ratio of -1.25 and a beta of 2.65.

Institutional Trading of Transocean

A number of institutional investors and hedge funds have recently added to or reduced their stakes in the company. Jump Financial LLC increased its stake in Transocean by 156.2% in the 1st quarter. Jump Financial LLC now owns 1,489,600 shares of the offshore drilling services provider’s stock valued at $4,722,000 after buying an additional 908,219 shares during the last quarter. Quantbot Technologies LP bought a new position in shares of Transocean in the first quarter valued at approximately $688,000. Lane Generational LLC increased its position in shares of Transocean by 11.4% during the first quarter. Lane Generational LLC now owns 1,163,302 shares of the offshore drilling services provider’s stock valued at $3,688,000 after acquiring an additional 118,673 shares during the last quarter. 180 Wealth Advisors LLC lifted its holdings in Transocean by 69.3% during the second quarter. 180 Wealth Advisors LLC now owns 276,851 shares of the offshore drilling services provider’s stock worth $717,000 after acquiring an additional 113,320 shares during the period. Finally, Ion Asset Management Ltd. boosted its position in Transocean by 7.5% in the first quarter. Ion Asset Management Ltd. now owns 4,300,000 shares of the offshore drilling services provider’s stock worth $13,631,000 after purchasing an additional 300,000 shares during the last quarter. Institutional investors and hedge funds own 67.73% of the company’s stock.

Insider Transactions at Transocean

In related news, Director Frederik Wilhelm Mohn bought 4,000,000 shares of the business’s stock in a transaction on Friday, September 26th. The shares were purchased at an average cost of $3.05 per share, with a total value of $12,200,000.00. Following the acquisition, the director owned 95,074,894 shares of the company’s stock, valued at $289,978,426.70. This represents a 4.39% increase in their ownership of the stock. The purchase was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, Director (Cyprus) Ltd Perestroika purchased 4,000,000 shares of Transocean stock in a transaction on Friday, September 26th. The stock was bought at an average price of $3.05 per share, for a total transaction of $12,200,000.00. Following the transaction, the director directly owned 95,074,894 shares in the company, valued at approximately $289,978,426.70. The trade was a 4.39% increase in their position. The disclosure for this purchase is available in the SEC filing. 12.27% of the stock is currently owned by corporate insiders.

About Transocean

(Get Free Report)

Transocean Ltd., together with its subsidiaries, provides offshore contract drilling services for oil and gas wells worldwide. It contracts mobile offshore drilling rigs, related equipment, and work crews to drill oil and gas wells. The company operates a fleet of mobile offshore drilling units, consisting of ultra-deepwater floaters and harsh environment floaters.

Further Reading

Earnings History and Estimates for Transocean (NYSE:RIG)

Receive News & Ratings for Transocean Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Transocean and related companies with MarketBeat.com's FREE daily email newsletter.