Q3 2025 EPS Estimates for Transocean Ltd. (NYSE:RIG) Reduced by Zacks Research

Transocean Ltd. (NYSE:RIG) – Research analysts at Zacks Research dropped their Q3 2025 earnings estimates for shares of Transocean in a research note issued to investors on Wednesday, September 11th. Zacks Research analyst N. Choudhury now forecasts that the offshore drilling services provider will earn $0.05 per share 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.

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

Transocean Price Performance

Shares of RIG opened at $4.16 on Thursday. The company has a market capitalization of $3.64 billion, a P/E ratio of -8.00 and a beta of 2.80. The business’s 50-day moving average is $5.04 and its two-hundred day moving average is $5.46. The company has a debt-to-equity ratio of 0.63, a quick ratio of 1.08 and a current ratio of 1.36. Transocean has a fifty-two week low of $3.85 and a fifty-two week high of $8.88.

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). The business had revenue of $861.00 million during the quarter, compared to analysts’ expectations of $862.25 million. Transocean had a negative net margin of 11.34% and a negative return on equity of 4.76%. The firm’s revenue was up 18.1% on a year-over-year basis. During the same period last year, the company earned ($0.15) earnings per share.

Hedge Funds Weigh In On Transocean

A number of hedge funds have recently made changes to their positions in RIG. Capital World Investors increased its position in shares of Transocean by 34.7% during the fourth quarter. Capital World Investors now owns 39,014,318 shares of the offshore drilling services provider’s stock worth $247,741,000 after purchasing an additional 10,049,077 shares in the last quarter. Dimensional Fund Advisors LP grew its holdings in shares of Transocean by 23.2% during the fourth quarter. Dimensional Fund Advisors LP now owns 35,690,620 shares of the offshore drilling services provider’s stock worth $226,641,000 after buying an additional 6,719,483 shares in the last quarter. Primecap Management Co. CA grew its holdings in shares of Transocean by 11.4% during the fourth quarter. Primecap Management Co. CA now owns 50,699,389 shares of the offshore drilling services provider’s stock worth $321,941,000 after buying an additional 5,168,000 shares in the last quarter. Vanguard Group Inc. raised its position in shares of Transocean by 6.4% in the fourth quarter. Vanguard Group Inc. now owns 68,552,192 shares of the offshore drilling services provider’s stock valued at $435,306,000 after buying an additional 4,107,956 shares during the last quarter. Finally, Assenagon Asset Management S.A. acquired a new position in Transocean during the second quarter worth about $16,179,000. Institutional investors and hedge funds own 67.73% of the company’s stock.

Insider Buying and Selling

In related news, Director (Cyprus) Ltd Perestroika acquired 2,000,000 shares of the firm’s stock in a transaction on Friday, August 2nd. The shares were acquired at an average cost of $5.23 per share, with a total value of $10,460,000.00. Following the completion of the acquisition, the director now directly owns 89,574,894 shares in the company, valued at approximately $468,476,695.62. The transaction was disclosed in a legal filing with the SEC, which is available through the SEC website. 13.16% of the stock is owned by insiders.

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.