JP Morgan has downgraded Transocean Ltd (RIG) to Underweight from Neutral, a move that underscores growing caution regarding the company's outlook. The action, effective December 9, 2025, comes as Transocean's stock trades at $4.33.
This revision may reflect concerns about competitive pressures, market conditions, or execution risks that could impact the company's performance. Transocean, headquartered in Steinhausen, Zug, provides offshore contract drilling services for oil and gas wells and operates a fleet of 56 mobile offshore drilling units.
As of November 20, 2025, the company has a market capitalization of $4.6 billion and an earnings per share (EPS) of -3.14. Upcoming earnings are anticipated on August 3, 2026, with an EPS estimate of $0.05 and revenue expected to reach $973.6 million.
Analyst ratings and price targets are informed by professional research and financial models. While they can provide useful perspectives, these assessments are built on assumptions that may not always hold true. Investors are encouraged to consider various factors, including company fundamentals and industry trends, when making decisions. Analyst views are just one of many inputs in the investment decision-making process.
Analyst consensus as of December 1, 2025, includes 3 Strong Buy, 6 Buy, 9 Hold, 1 Sell, and 0 Strong Sell ratings, indicating a general Buy sentiment among analysts. Recent actions also include a maintenance of Neutral by Citigroup and an Overweight rating maintained by Barclays.