Transocean Q3 EPS Estimate Lifted by Capital One Financial

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) - Investment analysts at Capital One Financial upped their Q3 2025 EPS estimates for Transocean in a research note issued on Monday, August 4th. Capital One Financial analyst D. Becker now forecasts that the offshore drilling services provider will post earnings per share of $0.05 for the quarter, up from their prior forecast 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.

Several other analysts also recently commented on RIG. Morgan Stanley reduced their price objective on shares of Transocean from $4.00 to $3.50 and set an "equal weight" rating for the company in a research report on Friday, May 16th. Wall Street Zen cut shares of Transocean from a "hold" rating to a "sell" rating in a report on Saturday. BTIG Research set a $5.00 price target on shares of Transocean and gave the company a "buy" rating in a research note on Monday, May 5th. Barclays cut their price objective on shares of Transocean from $4.00 to $3.50 and set an "overweight" rating on the stock in a research report on Monday, April 7th. Finally, Susquehanna decreased their target price on Transocean from $5.00 to $4.00 and set a "positive" rating for the company in a research report on Monday, April 14th. One 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, the stock has a consensus rating of "Hold" and an average price target of $4.20.

Transocean Trading Down 0.5%

Shares of RIG stock opened at $2.81 on Tuesday. Transocean has a fifty-two week low of $1.97 and a fifty-two week high of $5.32. The company has a debt-to-equity ratio of 0.58, a quick ratio of 1.06 and a current ratio of 1.33. The stock has a 50 day simple moving average of $2.83 and a two-hundred day simple moving average of $2.91. The company has a market cap of $2.48 billion, a P/E ratio of -2.95, a PEG ratio of 5.43 and a beta of 2.52.

Transocean (NYSE:RIG - Get Free Report) last posted its quarterly earnings data on Monday, August 4th. The offshore drilling services provider reported ($1.06) earnings per share for the quarter, missing the consensus estimate of ($0.01) by ($1.05). Transocean had a negative return on equity of 0.94% and a negative net margin of 18.79%. The business had revenue of $988.00 million during the quarter, compared to the consensus estimate of $972.37 million. During the same period last year, the business posted ($0.15) earnings per share. The business's revenue was up 14.8% on a year-over-year basis.

Institutional Investors Weigh In On Transocean

A number of institutional investors and hedge funds have recently bought and sold shares of RIG. Murphy Pohlad Asset Management LLC boosted its holdings in Transocean by 9.0% during the 2nd quarter. Murphy Pohlad Asset Management LLC now owns 116,000 shares of the offshore drilling services provider's stock worth $300,000 after acquiring an additional 9,600 shares during the last quarter. HBK Sorce Advisory LLC lifted its position in shares of Transocean by 34.5% during the second quarter. HBK Sorce Advisory LLC now owns 16,134 shares of the offshore drilling services provider's stock valued at $42,000 after purchasing an additional 4,139 shares in the last quarter. Arkadios Wealth Advisors boosted its holdings in Transocean by 296.8% during the second quarter. Arkadios Wealth Advisors now owns 794,790 shares of the offshore drilling services provider's stock worth $2,059,000 after purchasing an additional 594,477 shares during the last quarter. Advisory Alpha LLC grew its position in Transocean by 61.9% in the 2nd quarter. Advisory Alpha LLC now owns 43,177 shares of the offshore drilling services provider's stock worth $112,000 after purchasing an additional 16,514 shares in the last quarter. Finally, Teacher Retirement System of Texas grew its holdings in shares of Transocean by 38.1% in the second quarter. Teacher Retirement System of Texas now owns 165,411 shares of the offshore drilling services provider's stock valued at $428,000 after acquiring an additional 45,610 shares in the last quarter. 67.73% of the stock is owned by hedge funds and other institutional investors.

Insider Transactions at Transocean

In other 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 value of $61,160.00. Following the completion of the sale, the executive vice president directly owned 340,841 shares of the company's stock, valued at $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 available through this hyperlink. Company insiders own 12.54% 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.

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