Capital One Financial Predicts Transocean Q3 Earnings

Key Points

• Capital One Financial raised its Q3 2025 EPS estimate for Transocean from $0.02 to $0.05, reflecting improved expectations for the offshore drilling company.
• Transocean's Q2 revenue increased by 14.8% year-over-year, reaching $988 million, despite reporting an EPS loss of ($1.06), which was significantly below the consensus estimate.
• Analysts show mixed sentiments, with one rating the stock as a "sell," while others like BTIG Research maintain a "buy" rating with a target price of $5.00.

Transocean Ltd. (NYSE:RIG - Free Report) - Equities research analysts at Capital One Financial upped their Q3 2025 earnings per share estimates for Transocean in a report issued on Monday, August 4th. Capital One Financial analyst D. Becker now forecasts that the offshore drilling services provider will earn $0.05 per share for the quarter, up from their prior estimate of $0.02. The consensus estimate for Transocean's current full-year earnings is $0.14 per share. Capital One Financial also issued estimates for Transocean's Q4 2025 earnings at $0.09 EPS, FY2025 earnings at $0.01 EPS, Q1 2026 earnings at $0.06 EPS, Q1 2027 earnings at $0.02 EPS, Q2 2027 earnings at $0.03 EPS and FY2027 earnings at $0.11 EPS.

RIG has been the subject of a number of other research reports. BTIG Research set a $5.00 price objective on Transocean and gave the company a "buy" rating in a report on Monday, May 5th. Wall Street Zen downgraded Transocean from a "hold" rating to a "sell" rating in a report on Saturday, August 2nd. Susquehanna lowered their price target on Transocean from $5.00 to $4.00 and set a "positive" rating for the company in a report on Monday, April 14th. Finally, Morgan Stanley lowered their price target on Transocean from $4.00 to $3.50 and set an "equal weight" rating for the company in a report on Friday, May 16th. One research analyst has rated the stock with a sell rating, six have given a hold rating and four have assigned a buy rating to the company's stock. According to data from MarketBeat.com, the stock has a consensus rating of "Hold" and a consensus target price of $4.20.

Transocean Trading Up 4.7%

NYSE RIG traded up $0.14 on Tuesday, reaching $3.09. The company had a trading volume of 24,029,437 shares, compared to its average volume of 30,005,356. The stock's 50 day moving average is $2.86 and its 200-day moving average is $2.90. The stock has a market cap of $2.91 billion, a price-to-earnings ratio of -1.66, a PEG ratio of 6.31 and a beta of 2.52. The company has a quick ratio of 1.06, a current ratio of 1.26 and a debt-to-equity ratio of 0.63. Transocean has a 52 week low of $1.97 and a 52 week high of $5.32.

Institutional Inflows and Outflows

Several large investors have recently bought and sold shares of RIG. Blume Capital Management Inc. boosted its position in Transocean by 125.9% during the second quarter. Blume Capital Management Inc. now owns 10,560 shares of the offshore drilling services provider's stock valued at $27,000 after purchasing an additional 5,885 shares during the last quarter. Parallel Advisors LLC lifted its position in shares of Transocean by 154.8% in the first quarter. Parallel Advisors LLC now owns 8,810 shares of the offshore drilling services provider's stock valued at $28,000 after buying an additional 5,353 shares during the last quarter. Verum Partners LLC acquired a new stake in shares of Transocean in the second quarter valued at approximately $28,000. Stockman Wealth Management Inc. acquired a new stake in shares of Transocean in the second quarter valued at approximately $28,000. Finally, SBI Securities Co. Ltd. lifted its position in shares of Transocean by 78.0% in the second quarter. SBI Securities Co. Ltd. now owns 10,729 shares of the offshore drilling services provider's stock valued at $28,000 after buying an additional 4,700 shares during the last quarter. 67.73% of the stock is owned by institutional investors and hedge funds.

Insider Buying and Selling

In related news, EVP Roderick James Mackenzie sold 22,000 shares of the stock in a transaction that occurred on Monday, May 12th. The stock was sold at an average price of $2.78, for a total transaction of $61,160.00. Following the completion of the transaction, the executive vice president directly owned 340,841 shares of the company's stock, valued at approximately $947,537.98. This represents a 6.06% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Company insiders own 12.27% 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.