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Transocean (RIG) Stock Forecast for 2024, 2025, 2026. Sell or Buy?
Updated: December 5, 2024 (10:46)
Sector: EnergyThe share price of Transocean Ltd. (RIG) now
News Impact Analyzer
Full report
This Week
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Na | Impact: Na | News: Na |
Previous Week
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Na | Impact: Na | News: Na |
Two Weeks Ago
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Na | Impact: Na | News: Na |
Three Weeks Ago
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Bearish | Impact: 5 | News: 1 |
Analysts predictions
Full report
This Week
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Neutral | Opinions: Na |
Previous Week
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Bullish | Opinions: 1 (1/0/0) |
Two Weeks Ago
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Neutral | Opinions: Na |
Three Weeks Ago
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Bullish | Opinions: 1 (1/0/0) |
Analyzing the Most Important RIG news
Transocean Ltd. Faces Sell Pressure Amid Overvaluation
Transocean Surges with Q3 EPS Beat, Robust Revenue Growth
Transocean's Q3 Earnings: Can It Beat the Odds?
Historical and forecast chart of Transocean stock
The chart below shows the historical price of Transocean stock and a prediction chart for the next month.
For convenience, prices are divided by color. Forecast prices include: Optimistic Forecast, Pessimistic Forecast,
and Weighted Average Best Forecast. Detailed values for the Transocean stock price can be found in the table below.
Long-term forecasts by years.
Transocean Ltd. Analysts predictions review
As of now, Panda has combed through 2 analytical articles which are directly related to RIG from the last 30 days. Out of these, 2 clearly showcase a bullish trend, while 0 see a bearish trend as the more likely scenario, and 0 stay neutral.
To identify the dominant trend, we took into account analytical articles from the past 30 days, spanning from Nov 13, 2024 to Nov 23, 2024.
Transocean: Sailing Strong with Optimism and Strategic Expansion
In the analytical financial article by Anna Sokolidou, a seasoned expert in financial analysis, the author maintains a bullish stance on RIG stock. Anna's insights are well-regarded in the financial community, as evidenced by her prolific output of 195 publications since 2020, a testament to both her dedication and expertise. With nearly 4,000 subscribers actively following her work, her analyses manage to capture the attention of a substantial audience. The high credibility of her viewpoints further reinforces the trust readers place in her assessments. Anna's ability to consistently produce high-quality content over a relatively short period underscores her influence in the field. This review delves into her optimistic perspective on RIG stock, offering valuable insights for investors and financial enthusiasts alike.
Key Theses of Transocean's Prospects
- Transocean's CEO is optimistic about the future with a fully contracted fleet through 2026 and high day rates indicating strong market conditions.
- A potential merger with Seadrill could significantly bolster Transocean's backlog and fleet, enhancing its competitive edge.
- Despite solid fundamentals, Transocean's stock is undervalued due to market skepticism and low oil prices, presenting an investment opportunity.
- Efforts to decrease leverage and potential shareholder distributions by 2026, coupled with rising deepwater drilling demand, support a positive outlook.
Factors Influencing RIG Stock Price
Strong Contractual Backlog
Transocean's fleet is fully contracted through 2026, providing a stable revenue outlook and supporting investor confidence. This long-term certainty in earnings enhances stock valuation by mitigating risks related to revenue variability.
Potential Merger with Seadrill
A merger with Seadrill could substantially expand Transocean's backlog and fleet, which would likely improve its market position. This strategic expansion can lead to increased revenues and investor sentiment, potentially raising stock prices.
Oil Prices and Market Skepticism
Transocean's undervaluation is influenced by low oil prices and market skepticism. Oil prices directly affect profitability in the energy sector, and skepticism can depress stock prices despite positive fundamentals.
Deleveraging Efforts
Transocean's commitment to reducing debt by $715 million by 2025 can improve its financial health, potentially leading to higher credit ratings. Improved creditworthiness may lower borrowing costs and increase investor attraction.
High Day Rates
Transocean's contracts, like BP's at $635,000 a day in the Gulf of Mexico, reflect robust demand and contribute positively to revenue streams. These favorable rates can enhance earnings but require sustained demand to meaningfully affect stock prices.
Review the original AnalysisTransocean's Strategic Moves and Financial Stability Signal Potential Upside
In this review of KD Research's latest article, the author maintains a "No" stance on RIG stock, underscoring a cautious outlook in today's volatile financial environment. KD Research, with 120 publications since joining in 2023, demonstrates impressive productivity, releasing a significant number of analytical pieces within a short span. Their insights are not only abundant but also resonate with a growing audience of 1,870 subscribers, reflecting a substantial influence in the financial community. With an authority level that signifies an average standing, KD Research is recognized for providing balanced and carefully evaluated opinions in the investment sphere. Readers can rely on KD Research’s perspectives as credible, informed, and based on thorough analysis, adding value to any investor seeking guidance in navigating the complexities of the financial markets.
Key Theses of the Review
- Transocean has a significant backlog positioning it for future profitability.
- The potential acquisition of Seadrill could be a catalyst for Transocean.
- Transocean reported strong revenue and EBITDA growth in 3Q24.
- The company's capital structure is manageable, with the next major debt maturity in 2027.
- The author has opened a small position in RIG and suggests a Buy rating pending the Seadrill deal.
Factors Influencing RIG's Stock Price
Backlog Size
With a $9.3 billion backlog, Transocean is well-positioned for future income stability, which strongly supports its stock price. This large backlog provides visibility and assurance of future cash flows, making it a critical factor attracting investors.
Potential Seadrill Acquisition
The acquisition of Seadrill could create significant synergies and competitive advantages for Transocean, potentially enhancing its market position. The deal represents a major opportunity, making it a catalytic event for stock valuation.
Revenue and EBITDA Growth
The reported 32.9% YoY revenue and 117% EBITDA growth for 3Q24 displays strong operational performance, which is likely to boost investor confidence and positively affect the stock price. Consistent revenue growth reflects the company’s operational success and market demand.
Capital Structure and Debt Maturity
With a debt to equity ratio of 68% and no significant maturities until 2027, Transocean's capital structure seems sustainable in the short term, which helps mitigate risk perceptions. This stability allows the company to focus on strategic growth without immediate financial pressures.
Review the original AnalysisCommentary
Transocean is positioning itself strategically for success, leveraging its impressive $9.3 billion backlog, which investors should view as a strong indicator of future revenue stability. This backlog not only guarantees visibility into cash flows but also reassures investors of steady income streams. The potential acquisition of Seadrill adds another layer of opportunity, potentially catalyzing a significant competitive advantage and growth in market presence. This move could serve as an immediate boon to the stock, enhancing valuation and investor sentiment.
Additionally, recent financial results showcasing a 32.9% increase in revenue and a whopping 117% surge in EBITDA for 3Q24 highlights Transocean's robust operational performance. This, combined with a sound capital structure with no significant debt maturity until 2027, places the company in a favorable position to pursue strategic growth without fiscal constraints. By averaging these factors, the stock trend over the next 15 days to a month appears promising, meriting a closer look by potential investors. Thus, a 'Bullish' trend is aptly assigned.
Comprehensive Analysis of Transocean (RIG) Stock Market Performance
Our multifaceted analysis of Transocean's stock market is grounded in the company's key news stories, insights from reputable analysts, as well as mathematical and technical evaluations. Taking into account assessments from each of these aspects in real-time helps us address the most crucial questions for investors in the most objective way possible:
- When should I take profit in Transocean stock?
- When should I record a loss on Transocean stock?
- What are analysts' forecasts for Transocean stock?
- What is the future of Transocean stock?
We forecast Transocean stock performance using neural networks based on historical data on Transocean stocks.
Transocean Ltd. News influencing stock rates
As of now, Panda has combed through 1 news items directly related to RIG from the last 30 days. Out of these, 0 clearly showcase a bullish trend, while 1 display bearish tendencies, and 0 events are neutral.
Based on an analysis of the most crucial news from the last 30 days affecting RIG stocks, it's clear that bearish sentiments are completely overshadowing bullish ones. The impact of negative news is more than five times dominant over positive developments.
The news analyzed fell within the period from Nov 13, 2024, to Nov 13, 2024.
Merger Mania: Giants Shake Up Market Landscape with Strategic Moves
Seadrill-Transocean Merger: A Strategic Deleveraging Move?
Transocean Eyes Seadrill Merger Amid Industry Revival
Offshore Drill Stocks Hit as Benchmark Downgrades Impact Sector
Seadrill Shines as Citi Downgrades Transocean to Neutral
Seadrill's Ambitious Expansion: M&A and Asset Acquisitions on Radar
Transocean Lands Lucrative $232M Drillship Contract with BP
Crude Oil Surges to Yearly Low; Impacts on Gasoline and OPEC+ Policies
Transocean Divests Two Drillships for $342M: Strategic Move or Deep Cut?
Transocean Ltd. (RIG) Set for Poor Performance, Says Quant Model
Transocean Ltd. together with its subsidiaries provides contract drilling services for oil and gas wells around the world. It contracts with its drilling rigs, related equipment and work crews to drill oil and gas wells. As of February 22, 2021, the company owned or partially owned and operated a fleet of 37 mobile offshore drilling rigs, including 27 ultra-deepwater and 10 harsh environment floating vessels.
Transocean daily forecast for a month
Date | Target | Pes. | Opt. | Vol., % |
---|---|---|---|---|
Dec 07 | 4.36 | 4.22 | 4.50 | 6.78 |
Dec 08 | 4.31 | 4.18 | 4.45 | 6.45 |
Dec 09 | 4.13 | 4.07 | 4.27 | 4.87 |
Dec 10 | 4.19 | 4.09 | 4.30 | 5.12 |
Dec 11 | 4.31 | 4.18 | 4.45 | 6.34 |
Dec 12 | 4.31 | 4.16 | 4.42 | 6.16 |
Dec 13 | 4.24 | 4.17 | 4.34 | 4.12 |
Dec 14 | 4.16 | 4.11 | 4.23 | 2.73 |
Dec 15 | 4.37 | 4.29 | 4.53 | 5.65 |
Dec 16 | 4.39 | 4.25 | 4.50 | 5.94 |
Dec 17 | 4.30 | 4.25 | 4.44 | 4.55 |
Dec 18 | 4.23 | 4.19 | 4.36 | 4.04 |
Dec 19 | 4.29 | 4.23 | 4.38 | 3.45 |
Dec 20 | 4.48 | 4.30 | 4.58 | 6.50 |
Dec 21 | 4.42 | 4.30 | 4.49 | 4.37 |
Dec 22 | 4.37 | 4.24 | 4.42 | 4.12 |
Dec 23 | 4.36 | 4.26 | 4.50 | 5.47 |
Dec 24 | 4.25 | 4.20 | 4.37 | 4.16 |
Dec 25 | 4.25 | 4.13 | 4.35 | 5.36 |
Dec 26 | 4.31 | 4.25 | 4.39 | 3.34 |
Dec 27 | 4.37 | 4.22 | 4.48 | 6.21 |
Dec 28 | 4.33 | 4.28 | 4.47 | 4.50 |
Dec 29 | 4.46 | 4.33 | 4.53 | 4.74 |
Dec 30 | 4.51 | 4.37 | 4.60 | 5.48 |
Dec 31 | 4.65 | 4.59 | 4.72 | 2.89 |
Jan 01 | 4.66 | 4.50 | 4.78 | 6.21 |
Jan 02 | 4.64 | 4.58 | 4.72 | 2.99 |
Jan 03 | 4.66 | 4.52 | 4.81 | 6.28 |
Jan 04 | 4.66 | 4.48 | 4.81 | 7.28 |
Jan 05 | 4.51 | 4.37 | 4.57 | 4.76 |
Transocean Daily Price Targets
Transocean Stock Forecast 12-07-2024.
Forecast target price for 12-07-2024: $4.36.
Positive dynamics for Transocean shares will prevail with possible volatility of 6.347%.
Pessimistic target level: 4.22
Optimistic target level: 4.50
Transocean Stock Forecast 12-08-2024.
Forecast target price for 12-08-2024: $4.31.
Negative dynamics for Transocean shares will prevail with possible volatility of 6.056%.
Pessimistic target level: 4.18
Optimistic target level: 4.45
Transocean Stock Forecast 12-09-2024.
Forecast target price for 12-09-2024: $4.13.
Negative dynamics for Transocean shares will prevail with possible volatility of 4.640%.
Pessimistic target level: 4.07
Optimistic target level: 4.27
Transocean Stock Forecast 12-10-2024.
Forecast target price for 12-10-2024: $4.19.
Positive dynamics for Transocean shares will prevail with possible volatility of 4.871%.
Pessimistic target level: 4.09
Optimistic target level: 4.30
Transocean Stock Forecast 12-11-2024.
Forecast target price for 12-11-2024: $4.31.
Positive dynamics for Transocean shares will prevail with possible volatility of 5.962%.
Pessimistic target level: 4.18
Optimistic target level: 4.45
Transocean Stock Forecast 12-12-2024.
Forecast target price for 12-12-2024: $4.31.
Negative dynamics for Transocean shares will prevail with possible volatility of 5.805%.
Pessimistic target level: 4.16
Optimistic target level: 4.42
RIG (RIG) Monthly Stock Prediction for 2025
Month | Target | Pes. | Opt. | Vol., % |
---|---|---|---|---|
Jan. | 4.73 | 4.34 | 5.41 | 19.76 |
Feb. | 4.64 | 4.42 | 4.84 | 8.64 |
Mar. | 4.86 | 4.61 | 5.60 | 17.71 |
Apr. | 3.96 | 3.76 | 4.43 | 15.03 |
May. | 4.32 | 3.72 | 4.54 | 18.10 |
Jun. | 4.13 | 3.68 | 4.34 | 15.24 |
Jul. | 4.06 | 3.65 | 4.63 | 21.05 |
Aug. | 3.96 | 3.64 | 4.46 | 18.29 |
Sep. | 3.93 | 3.58 | 4.55 | 21.24 |
Oct. | 4.54 | 4.04 | 5.16 | 21.65 |
Nov. | 4.52 | 4.04 | 5.06 | 20.04 |
Dec. | 3.99 | 3.44 | 4.33 | 20.48 |
Transocean forecast for this year
Transocean Stock Prediction for Jan 2025
An uptrend is forecast for this month with an optimal target price of $4.7256. Pessimistic: $4.34. Optimistic: $5.41
Transocean Stock Prediction for Feb 2025
An downtrend is forecast for this month with an optimal target price of $4.64054. Pessimistic: $4.42. Optimistic: $4.84
Transocean Stock Prediction for Mar 2025
An uptrend is forecast for this month with an optimal target price of $4.86329. Pessimistic: $4.61. Optimistic: $5.60
Transocean Stock Prediction for Apr 2025
An downtrend is forecast for this month with an optimal target price of $3.95871. Pessimistic: $3.76. Optimistic: $4.43
Transocean Stock Prediction for May 2025
An uptrend is forecast for this month with an optimal target price of $4.32292. Pessimistic: $3.72. Optimistic: $4.54
Transocean Stock Prediction for Jun 2025
An downtrend is forecast for this month with an optimal target price of $4.13271. Pessimistic: $3.68. Optimistic: $4.34
Transocean Stock Prediction for Jul 2025
An downtrend is forecast for this month with an optimal target price of $4.05832. Pessimistic: $3.65. Optimistic: $4.63
Transocean Stock Prediction for Aug 2025
An downtrend is forecast for this month with an optimal target price of $3.96092. Pessimistic: $3.64. Optimistic: $4.46
Transocean Stock Prediction for Sep 2025
An downtrend is forecast for this month with an optimal target price of $3.92923. Pessimistic: $3.58. Optimistic: $4.55
Transocean Stock Prediction for Oct 2025
An uptrend is forecast for this month with an optimal target price of $4.54219. Pessimistic: $4.04. Optimistic: $5.16
Transocean Stock Prediction for Nov 2025
An downtrend is forecast for this month with an optimal target price of $4.52402. Pessimistic: $4.04. Optimistic: $5.06
Transocean Stock Prediction for Dec 2025
An downtrend is forecast for this month with an optimal target price of $3.99019. Pessimistic: $3.44. Optimistic: $4.33
Transocean (RIG) Monthly Stock Prediction for 2026
Month | Target | Pes. | Opt. | Vol., % |
---|---|---|---|---|
Jan | 4.45 | 4.23 | 4.75 | 10.86 |
Feb | 5.09 | 4.77 | 5.32 | 10.34 |
Mar | 4.80 | 4.36 | 5.26 | 17.15 |
Apr | 5.04 | 4.37 | 5.64 | 22.50 |
May | 5.28 | 4.79 | 5.67 | 15.46 |
Jun | 4.77 | 4.47 | 5.00 | 10.69 |
Jul | 5.31 | 4.55 | 6.02 | 24.34 |
Aug | 4.32 | 3.66 | 4.80 | 23.60 |
Sep | 4.74 | 4.01 | 5.15 | 22.10 |
Oct | 4.70 | 4.35 | 5.03 | 13.62 |
Nov | 4.18 | 3.64 | 4.51 | 19.44 |
Dec | 3.98 | 3.54 | 4.54 | 22.07 |
Transocean (RIG) Monthly Stock Prediction for 2027
Month | Target | Pes. | Opt. | Vol., % |
---|---|---|---|---|
Jan | 3.93 | 3.37 | 4.43 | 23.94 |
Feb | 3.99 | 3.39 | 4.29 | 21.00 |
Mar | 4.33 | 3.97 | 4.70 | 15.65 |
Apr | 3.79 | 3.53 | 4.17 | 15.45 |
May | 4.06 | 3.68 | 4.63 | 20.35 |
Jun | 3.56 | 3.31 | 3.78 | 12.41 |
Jul | 3.90 | 3.34 | 4.28 | 21.90 |
Aug | 3.88 | 3.56 | 4.40 | 19.05 |
Sep | 3.92 | 3.47 | 4.23 | 17.96 |
Oct | 4.59 | 4.23 | 4.88 | 13.18 |
Nov | 5.25 | 4.49 | 5.62 | 20.15 |
Dec | 5.72 | 5.18 | 6.32 | 18.08 |
Transocean information and performance
TURMSTRASSE 30, STEINHAUSEN, CH
Market capitalization of the Transocean Ltd. is the total market value of all issued shares of a company. It is calculated by the formula multiplying the number of RIG shares in the company outstanding by the market price of one share.
EBITDA of Transocean is earnings before interest, income tax and depreciation of assets.
P/E ratio (price to earnings) - shows the ratio between the price of a share and the company's profit
Price/earnings to growth
Dividend Per Share is a financial indicator equal to the ratio of the company's net profit available for distribution to the annual average of ordinary shares.
Dividend yield is a ratio that shows how much a company pays in dividends each year at the stock price.
EPS shows how much of the net profit is accounted for by the common share.
Trailing P/E depends on what has already been done. It uses the current share price and divides it by the total earnings per share for the last 12 months.
Forward P/E uses projections of future earnings instead of final numbers.
Enterprise Value (EV) /Revenue
The EV / EBITDA ratio shows the ratio of the cost (EV) to its profit before tax, interest and amortization (EBITDA).
Number of issued ordinary shares
Number of freely tradable shares
Shares Short Prior Month - the number of shares in short positions in the last month.
Transocean (RIG) stock dividend
Transocean last paid dividends on 08/21/2015. The next scheduled payment will be on 09/23/2015. The amount of dividends is $None per share. If the date of the next dividend payment has not been updated, it means that the issuer has not yet announced the exact payment. As soon as information becomes available, we will immediately update the data. Bookmark our portal to stay updated.
Last Split Date: 01/01/1970
Splitting of shares is an increase in the number of securities of the issuing company circulating on the market due to a decrease in their value at constant capitalization.
For example, a 5: 1 ratio means that the value of one share will decrease 5 times, the total amount will increase 5 times. It is important to understand that this procedure does not change the capitalization of the company, as well as the total value of assets held in private hands.
Related stocks from Energy sector
All forecast data on the site are provided for informational purposes of using neural forecasting tools in the financial market and are not a call to action and, moreover, are not trading signals. When using the forecast data, the investor assumes all financial risks. The pandaforecast.com portal is not responsible for the loss of your money in the stock market as a result of using the information contained on the site.
Commentary
Transocean seems to be riding the waves of positivity. The company's outlook looks bright with a fleet fully contracted through 2026. This long-term stability means revenue streams are less vulnerable to day-to-day market fluctuations, offering a solid sense of security for investors. With the potential merger with Seadrill on the horizon, we're looking at even stronger prospects, potentially broadening their fleet and backlog, further fortifying their market stance.
While oil prices and market skepticism might throw a few challenges, Transocean’s strategic maneuvers to reduce debt and secure high day rates show the management's proactive stance in fortifying their financial fundamentals. These factors combined average to a significant influence on stock trends, pointing to a bullish outlook in both the short (15 days) and slightly longer term (next month). In essence, Transocean is not just keeping afloat but is also chartering a course to potentially rewarding investment waters.