
Seadrill Ltd (SDRL) Stock Forecast & Price Target
Seadrill Ltd (SDRL) Analyst Ratings
Bulls say
Seadrill Ltd has demonstrated robust financial performance in its latest quarterly results, surpassing revenue estimates due to ongoing spot contract work from the Sevan Louisiana in the Gulf of Mexico. The company has successfully filled scheduling gaps for 2026, contributing to increased revenue assurance through new contracts for the Sevan Louisiana and West Neptune, extending into the second half of that year. Furthermore, the anticipated contract with Petrobras adds to the company's positive outlook, indicating strong operational prospects in the offshore drilling sector.
Bears say
Seadrill Ltd faces significant challenges regarding rig availability, particularly due to delays in contract awards, notably from Brazil's state oil company, which creates uncertainty in future revenue streams. Additionally, while the company reported third-quarter revenue of $363 million, this figure exceeded earlier estimates, it may not be sufficient to alleviate concerns regarding the overall market dynamics impacting offshore drilling. Therefore, the persistent issues of contract delays and the associated operational uncertainty contribute to a negative outlook on the company's financial health moving forward.
This aggregate rating is based on analysts' research of Seadrill Ltd and is not a guaranteed prediction by Public.com or investment advice.
Seadrill Ltd (SDRL) Analyst Forecast & Price Prediction
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