
Seadrill Ltd (SDRL) Stock Forecast & Price Target
Seadrill Ltd (SDRL) Analyst Ratings
Bulls say
Seadrill Ltd reported stronger-than-expected third-quarter results, driven by continued spot contract work for the Sevan Louisiana in the Gulf of Mexico, contributing to higher revenue metrics. The company successfully filled contractual gaps for 2026, enhancing its revenue visibility and stability. Additionally, anticipated contracts with Petrobras further bolster revenue assurances for the Sevan Louisiana and West Neptune through the latter half of 2026, positioning Seadrill favorably for future growth.
Bears say
Seadrill Ltd faces significant challenges related to rig availability, with projections for 2026 indicating a surplus that could dampen demand for offshore drilling services. Recent delays in contract awards, particularly by Petrobras in Brazil, raise concerns about future revenue streams in a critical market segment for the company. Despite a third quarter revenue performance that exceeded estimates at $363 million, the uncertainty regarding contract execution and market conditions may weigh heavily on Seadrill's financial stability going 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
Start investing in Seadrill Ltd (SDRL)
Order type
Buy in
Order amount
Est. shares
0 shares