Transocean Q3 EPS Forecast Lifted by Capital One Financial

Transocean Ltd. (NYSE:RIG) – Capital One Financial boosted their Q3 2025 EPS estimates for shares of Transocean in a note issued to investors on Monday, August 4th. Capital One Financial analyst D. Becker now expects that the offshore drilling services provider will post earnings of $0.05 per share 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.

Transocean (NYSE:RIG) last posted its earnings results on Monday, August 4th. The offshore drilling services provider reported ($1.06) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.01) by ($1.05). The company had revenue of $988.00 million for the quarter, compared to the consensus estimate of $972.37 million. Transocean had a negative net margin of 39.64% and a positive return on equity of 0.44%. Transocean’s revenue was up 14.8% on a year-over-year basis. During the same quarter in the prior year, the company posted ($0.15) EPS.

A number of other equities research analysts have also issued reports on the stock. BTIG Research set a $5.00 price objective on shares of Transocean and gave the company a “buy” rating in a report on Monday, May 5th. Wall Street Zen lowered Transocean from a “hold” rating to a “sell” rating in a research note on Saturday. Morgan Stanley cut their target price on Transocean from $4.00 to $3.50 and set an “equal weight” rating on the stock in a research note on Friday, May 16th. Finally, Susquehanna cut their target price on Transocean from $5.00 to $4.00 and set a “positive” rating on the stock in a research note on Monday, April 14th. One investment analyst has rated the stock with a sell rating, six have issued a hold rating and four have issued a buy rating to the company’s stock. Based on data from MarketBeat, the company presently has an average rating of “Hold” and an average target price of $4.20.

Transocean Price Performance

Shares of NYSE:RIG opened at $2.92 on Tuesday. The firm’s 50 day moving average price is $2.84 and its 200-day moving average price is $2.91. Transocean has a twelve month low of $1.97 and a twelve month high of $5.32. The company has a quick ratio of 1.06, a current ratio of 1.33 and a debt-to-equity ratio of 0.58. The stock has a market capitalization of $2.58 billion, a PE ratio of -1.57, a price-to-earnings-growth ratio of 6.01 and a beta of 2.52.

Insider Activity

In other news, EVP Roderick James Mackenzie sold 22,000 shares of the 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 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 Securities & Exchange Commission, which can be accessed through the SEC website. Corporate insiders own 12.54% of the company’s stock.

Hedge Funds Weigh In On Transocean

Several hedge funds and other institutional investors have recently made changes to their positions in the stock. Optiver Holding B.V. increased its position in Transocean by 53.6% during the fourth quarter. Optiver Holding B.V. now owns 8,400 shares of the offshore drilling services provider’s stock worth $32,000 after buying an additional 2,933 shares during the period. Van Den Berg Management I Inc. boosted its stake in shares of Transocean by 11.9% in the fourth quarter. Van Den Berg Management I Inc. now owns 28,155 shares of the offshore drilling services provider’s stock valued at $106,000 after buying an additional 3,000 shares in the last quarter. Nomura Holdings Inc. boosted its stake in shares of Transocean by 11.6% in the fourth quarter. Nomura Holdings Inc. now owns 32,651 shares of the offshore drilling services provider’s stock valued at $122,000 after buying an additional 3,390 shares in the last quarter. Mercer Global Advisors Inc. ADV boosted its stake in shares of Transocean by 23.5% in the fourth quarter. Mercer Global Advisors Inc. ADV now owns 19,015 shares of the offshore drilling services provider’s stock valued at $71,000 after buying an additional 3,620 shares in the last quarter. Finally, HBK Sorce Advisory LLC boosted its stake in shares of Transocean by 34.5% in 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 buying an additional 4,139 shares in the last quarter. 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.