Q3 2025 Earnings Forecast for Transocean Ltd. (NYSE:RIG) Issued By Zacks Research

Transocean Ltd. (NYSE:RIG) – Zacks Research decreased their Q3 2025 earnings per share estimates for shares of Transocean in a report released on Wednesday, September 11th. Zacks Research analyst N. Choudhury now expects that the offshore drilling services provider will post earnings per share of $0.05 for the quarter, down from their previous estimate of $0.08. The consensus estimate for Transocean’s current full-year earnings is ($0.19) per share. Zacks Research also issued estimates for Transocean’s FY2026 earnings at $0.58 EPS.

Transocean (NYSE:RIG) last released its quarterly earnings data on Wednesday, July 31st. The offshore drilling services provider reported ($0.15) EPS for the quarter, missing the consensus estimate of ($0.08) by ($0.07). Transocean had a negative return on equity of 4.76% and a negative net margin of 11.34%. The business had revenue of $861.00 million during the quarter, compared to the consensus estimate of $862.25 million. During the same quarter in the previous year, the business posted ($0.15) earnings per share. Transocean’s quarterly revenue was up 18.1% compared to the same quarter last year.

RIG has been the subject of several other reports. Benchmark reiterated a “buy” rating and issued a $8.00 price objective on shares of Transocean in a report on Friday, August 2nd. StockNews.com raised shares of Transocean to a “sell” rating in a research report on Monday, August 5th. Citigroup lowered shares of Transocean from a “buy” rating to a “neutral” rating in a research report on Thursday. Finally, DNB Markets raised shares of Transocean from a “hold” rating to a “buy” rating in a research report on Tuesday, September 3rd. Two equities research analysts have rated the stock with a sell rating, four have issued a hold rating and four have issued a buy rating to the company’s stock. According to data from MarketBeat, Transocean presently has a consensus rating of “Hold” and a consensus target price of $7.25.

Transocean Price Performance

NYSE RIG opened at $4.13 on Thursday. Transocean has a one year low of $3.85 and a one year high of $8.88. The stock has a 50-day moving average of $5.02 and a 200 day moving average of $5.46. The company has a market capitalization of $3.62 billion, a price-to-earnings ratio of -7.94 and a beta of 2.79. The company has a debt-to-equity ratio of 0.63, a quick ratio of 1.08 and a current ratio of 1.36.

Insider Activity at Transocean

In other Transocean news, Director Perestroika purchased 1,500,000 shares of the company’s stock in a transaction on Thursday, September 12th. The stock was acquired at an average cost of $4.13 per share, for a total transaction of $6,195,000.00. Following the purchase, the director now directly owns 91,074,894 shares of the company’s stock, valued at approximately $376,139,312.22. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. In other news, Director Perestroika bought 1,500,000 shares of the stock in a transaction dated Thursday, September 12th. The stock was purchased at an average cost of $4.13 per share, for a total transaction of $6,195,000.00. Following the transaction, the director now owns 91,074,894 shares of the company’s stock, valued at $376,139,312.22. The purchase was disclosed in a filing with the SEC, which can be accessed through this link. Also, Director (Cyprus) Ltd Perestroika bought 2,000,000 shares of the stock in a transaction dated Friday, August 2nd. The shares were purchased at an average price of $5.23 per share, with a total value of $10,460,000.00. Following the completion of the transaction, the director now directly owns 89,574,894 shares in the company, valued at approximately $468,476,695.62. The disclosure for this purchase can be found here. 13.16% of the stock is currently owned by corporate insiders.

Institutional Trading of Transocean

Several hedge funds and other institutional investors have recently bought and sold shares of the stock. Sanctuary Advisors LLC purchased a new stake in Transocean during the 2nd quarter valued at $412,000. Quarry LP purchased a new stake in Transocean during the 2nd quarter valued at $126,000. Northwestern Mutual Wealth Management Co. raised its holdings in Transocean by 138.8% during the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 4,633 shares of the offshore drilling services provider’s stock valued at $25,000 after buying an additional 2,693 shares during the period. Silver Lake Advisory LLC purchased a new stake in Transocean during the 2nd quarter valued at $367,000. Finally, Creative Planning raised its holdings in Transocean by 3.5% during the 2nd quarter. Creative Planning now owns 178,481 shares of the offshore drilling services provider’s stock valued at $955,000 after buying an additional 6,084 shares during the period. Hedge funds and other institutional investors own 67.73% of the company’s stock.

About Transocean

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.