RIG Stock Analysis: Buy, Sell, or Hold?
RIG - Transocean LTD.
$6.40
0.23 (3.73%)
▲
5d:
-6.43%
30d:
-2.44%
90d:
+18.74%
HOLD
LOW Confidence
Analysis Updated: May 8, 2026 12:00 AM ET
Earnings: May 04, 2026
0d
Smart Money Distribution
None View Scanner →
Strength: 10.0/10
Get Alerted When RIG Hits Your Target Price
Join 10,000+ traders who never miss a move
You're in! Check your email to confirm and set your target price.
100% Free
No spam, ever
Unsubscribe anytime
4 traders called RIG this week
100% bullish • 0 bearish
100% bullish • 0 bearish
Interactive Price Chart (1 Month)
Loading chart...
Loading historical data...
Bottom Line:
📊 HOLD: RIG shows mixed signals. Fine to hold existing positions. Not urgent to buy or sell.
📊 HOLD: RIG shows mixed signals. Fine to hold existing positions. Not urgent to buy or sell.
Long-Term Wealth Forecast (2031)
Based on Analyst Consensus Growth & Historical Valuation
0% (Stagnation)
50% (Hyper Growth)
EST. PRICE IN 2031
$8.51
Based on 8.6% avg growth
INTRINSIC VALUE TODAY
$5.28
Trading above historical range
How this is calculated: We use a Growth Decay Model: starting with analyst consensus growth (adjusted above) and gradually slowing it down to a long-term terminal rate (4%) by Year 5. This provides a more realistic valuation than assuming constant hyper-growth. We then apply a 25.0x Exit PE.
In-depth Analysis How we analyze
Valuation Analysis: RIG is currently trading at $6.40, which is considered fair relative to its 30-day fair value range of $6.14 to $6.74. From a valuation perspective, the stock is trading at a discount (Forward PE: 28.3) compared to its historical average (38.1). Remarkably, the market is currently pricing in an annual earnings decline of 9.4% over the next few years. This aligns with recent fundamental challenges.
Technical Outlook: Technically, RIG is in a strong uptrend. Immediate support is located at $5.95, while resistance sits at $6.98. The stock is showing strong short-term momentum, up 3.7% recently.
Market Sentiment: The stock shows a mixed technical setup (40/100), with neutral trendline and momentum signals. The stock is fairly positioned - fine to hold existing positions or accumulate slowly on dips, but not an urgent buy.
Technical Outlook: Technically, RIG is in a strong uptrend. Immediate support is located at $5.95, while resistance sits at $6.98. The stock is showing strong short-term momentum, up 3.7% recently.
Market Sentiment: The stock shows a mixed technical setup (40/100), with neutral trendline and momentum signals. The stock is fairly positioned - fine to hold existing positions or accumulate slowly on dips, but not an urgent buy.
Quick Decision Summary
Current Position
FAIR
Historical Trading Range
$6.14 -
$6.74
Company Quality Score
57/100
(HOLD)
Volume Confirmation
HIGH
Confidence Score
72.4%
Protect Your Profits
Holding RIG? Use our AI-powered strategies to protect your downside while keeping your long-term position.
View Profit Protection PlanAll Signals
- NEUTRAL: Price in fair range
- NEUTRAL: Mixed technical signals (40/100)
- BULLISH: High volume confirmation
- BULLISH: Strong upward momentum (+3.7%)
- NEUTRAL: Near Wall St target ($6.08)
- CAUTION: Recommendation downgraded due to -6.4% 5-day decline
Trading Range Analysis
30-Day Trading Range
$6.14 -
$6.74
Current vs Trading Range
FAIR
Support & Resistance Levels
Support Level
$5.95
Resistance Level
$6.98
Current Trend
Strong Uptrend
Technical data as of
May 8, 2026
Fundamental Context
Forward P/E (Next Year Est.)
28.28
Wall Street Target
$6.08
(-5.0%)
Revenue Growth (YoY)
19.3%
Profit Margin
-66.8%
Valuation Discount vs History
-9.4% cheaper
PE vs Historical
28.3 vs 38.1
CHEAP
Market-Implied Price Targets
If current PE multiple persists
Implied Growth (YoY):
-9.4%
(market-implied from PE analysis)
1-Year Target
$5.80
(-9%)
2-Year Target
$5.25
(-18%)
3-Year Target
$4.76
(-26%)
3-Yr Target (if PE normalizes)
(PE: 28→38)
$6.41
(+0%)
3-Year Scenarios
Using analyst projected EPS growth
Bull:
(PE: 28.3, Growth: 13.1%)
$9.27
(+45%)
Base:
(SPY PE: 21.9, Growth: 13.1%)
$7.19
(+12%)
Bear:
(PE: 18.6, Growth: 13.1%)
$6.11
(-5%)
💡
Upside Surprise Potential
If earnings stabilize (0% growth), PE could expand from 28.3 to 38.1
Stabilization Target:
$8.62
(+34.7%)
PE Expansion Potential:
+34.7%
Share & Embed Analysis
Last updated: May 08, 2026 7:52 PM ET
Data refreshes hourly during market hours. Next update: 8:52 PM
Data refreshes hourly during market hours. Next update: 8:52 PM
🔥 Top Stocks Breaking Out Now
| Ticker | Score | Recommendation | Change % |
|---|
Technical Signals Check
Is RIG showing a specific setup today?
Insider Activity (6 Months)
2
Buys
8
Sells
Net
INSIDERS SELLING
Recent Transactions
Roderick James Mackenzie
SELL
78370 shares
2026-03-04
Keelan Adamson
SELL
58687 shares
2026-01-27
Keelan Adamson
SELL
22846 shares
2026-01-26
Top Rated Oil & Gas Drilling Stocks
Top-rated stocks in Oil & Gas Drilling by analyst ratings.
| Stock | Analyst Consensus | Analyst Target | Tradestie Score |
|---|---|---|---|
|
PTEN
Patterson-UTI Energy Inc |
BUY
15 analysts |
$11 | 53 HOLD |
|
SDRL
Seadrill Limited |
STRONG BUY
7 analysts |
$52 | 54 HOLD |
|
SOC
Sable Offshore Corp. |
STRONG BUY
5 analysts |
$27 | 48 HOLD |
|
NE
Noble Corporation plc |
BUY
11 analysts |
$49 | 54 HOLD |
|
PDS
Precision Drilling Corpo… |
STRONG BUY
8 analysts |
$105 | 51 HOLD |
Advanced RIG Option Strategies
Professional options setups generated by AI based on today's RIG price and gamma walls.
