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Morgan Stanley Reaffirms Their Hold Rating on Transocean (RIG)

Tipranks - Tipranks - Tue Feb 24, 7:32AM CST

Morgan Stanley analyst Joe Laetsch maintained a Hold rating on Transocean today and set a price target of $5.00.

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Laetsch covers the Energy sector, focusing on stocks such as Patterson-UTI, Liberty Energy, and Halliburton. According to TipRanks, Laetsch has an average return of 2.5% and a 59.52% success rate on recommended stocks.

In addition to Morgan Stanley, Transocean also received a Hold from TipRanks – xAI’s xAi Oil and Gas Drilling in a report issued yesterday. However, today, Susquehanna maintained a Buy rating on Transocean (NYSE: RIG).

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Based on Transocean’s latest earnings release for the quarter ending December 31, the company reported a quarterly revenue of $1.04 billion and a net profit of $25 million. In comparison, last year the company earned a revenue of $952 million and had a net profit of $7 million

Based on the recent corporate insider activity of 34 insiders, corporate insider sentiment is neutral on the stock. Most recently, in December 2025, Roderick James Mackenzie, the EVP & CCO of RIG sold 35,000.00 shares for a total of $156,800.00.

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