Q2 Earnings Estimate for Transocean Issued By Zacks Research

Transocean Ltd. (NYSE:RIG) – Analysts at Zacks Research reduced their Q2 2025 earnings per share estimates for Transocean in a report released on Monday, June 9th. Zacks Research analyst N. Choudhury now expects that the offshore drilling services provider will earn ($0.02) per share for the quarter, down from their prior forecast of $0.01. The consensus estimate for Transocean’s current full-year earnings is $0.14 per share. Zacks Research also issued estimates for Transocean’s Q3 2026 earnings at $0.07 EPS, FY2026 earnings at $0.17 EPS and FY2027 earnings at $0.16 EPS.

Other equities analysts have also recently issued research reports about the stock. Morgan Stanley dropped their price target on shares of Transocean from $4.00 to $3.50 and set an “equal weight” rating on the stock in a research report on Friday, May 16th. Susquehanna dropped their price target on shares of Transocean from $5.00 to $4.00 and set a “positive” rating on the stock in a research report on Monday, April 14th. BTIG Research set a $5.00 price target on shares of Transocean and gave the company a “buy” rating in a research report on Monday, May 5th. SEB Equity Research set a $2.80 price target on shares of Transocean in a research report on Wednesday, March 5th. Finally, Citigroup dropped their price target on shares of Transocean from $4.50 to $3.50 and set a “neutral” rating on the stock in a research report on Wednesday, March 19th. One investment analyst has rated the stock with a sell rating, six have issued a hold rating and four have assigned a buy rating to the stock. According to MarketBeat.com, Transocean has an average rating of “Hold” and an average target price of $4.58.

Transocean Price Performance

RIG stock opened at $3.20 on Thursday. The stock has a market capitalization of $2.82 billion, a PE ratio of -4.38, a price-to-earnings-growth ratio of 0.86 and a beta of 2.54. The company’s 50-day moving average is $2.46 and its 200-day moving average is $3.21. The company has a debt-to-equity ratio of 0.60, a current ratio of 1.47 and a quick ratio of 1.34. Transocean has a 1 year low of $1.97 and a 1 year high of $5.98.

Transocean (NYSE:RIG) last issued its quarterly earnings results on Monday, April 28th. The offshore drilling services provider reported ($0.10) EPS for the quarter, beating analysts’ consensus estimates of ($0.12) by $0.02. The business had revenue of $906.00 million for the quarter, compared to analysts’ expectations of $884.92 million. Transocean had a negative net margin of 14.53% and a negative return on equity of 0.52%. The business’s quarterly revenue was up 18.7% compared to the same quarter last year. During the same quarter in the prior year, the firm posted ($0.03) earnings per share.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently made changes to their positions in RIG. American Century Companies Inc. lifted its stake in shares of Transocean by 51.5% in the fourth quarter. American Century Companies Inc. now owns 19,257,437 shares of the offshore drilling services provider’s stock worth $72,215,000 after buying an additional 6,542,271 shares in the last quarter. Goldman Sachs Group Inc. lifted its stake in shares of Transocean by 88.9% in the first quarter. Goldman Sachs Group Inc. now owns 12,151,817 shares of the offshore drilling services provider’s stock worth $38,521,000 after buying an additional 5,719,637 shares in the last quarter. Renaissance Technologies LLC bought a new position in shares of Transocean in the fourth quarter worth approximately $16,608,000. SIR Capital Management L.P. bought a new position in shares of Transocean in the fourth quarter worth approximately $14,976,000. Finally, Van ECK Associates Corp lifted its stake in shares of Transocean by 33.9% in the fourth quarter. Van ECK Associates Corp now owns 15,393,873 shares of the offshore drilling services provider’s stock worth $57,727,000 after buying an additional 3,895,880 shares in the last quarter. Institutional investors own 67.73% of the company’s stock.

Insider Buying and Selling at Transocean

In related news, EVP Roderick James Mackenzie sold 22,000 shares of the business’s stock in a transaction dated Monday, May 12th. The shares were sold at an average price of $2.78, for a total transaction of $61,160.00. Following the sale, the executive vice president now owns 340,841 shares of the company’s stock, valued at $947,537.98. The trade was a 6.06% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this link. Corporate insiders own 12.27% of the company’s stock.

Transocean Company Profile

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.