Transocean Ltd (Switzerland) (RIG) Q2 2026 earnings — TrendMatrix coverage

Reported EPS

$0.03

Estimate

$0.01

Surprise

+128.1%

Score at report (before → after)

6.4 → 6.3/10

Revenue for this quarter isn’t shown: the reported figure hasn’t cleared TrendMatrix’s freshness and sanity checks yet, and consensus revenue isn’t tracked. EPS above is the available figure.

Transocean Ltd (Switzerland) (RIG) beat the $0.01 estimate with diluted EPS of $0.03 — a large 128.1% upside surprise. TrendMatrix's engine moved from Buy (Wait) (6.4/10) to Hold at 6.3/10 after the report — the engine's score fell despite the beat.

TrendMatrix currently rates RIG Hold at 5.5/10.

2 of the last 4 quarters beat the estimate; this quarter's +128.1% surprise compares with a +2.5% four-quarter average. Next scheduled report: 2026-10-28.

This section and the ones below it reflect TrendMatrix’s latest engine read — they update after the report date and are not frozen to it.

Current price

$5.84

Price target

$6.14

Stop

$5.44

Upside to target

+5.1%

Model outputs from TrendMatrix’s engine as of 2026-09-04 — shown for context, not personalized investment advice.

Energy results are commodity-price arithmetic first; the operational beat or miss is read net of what the strip already told the market.

Industry

Oil & Gas Drilling

Market cap

$6.72B

P/E (fwd)

21.2

52-week range

$3.01–$7.66

Off 52-week high

23.8%

RSI (14)

49

Volume vs avg

0.94×

Score today

5.5/10