
Seadrill Ltd (SDRL) Stock Forecast & Price Target
Seadrill Ltd (SDRL) Analyst Ratings
Bulls say
Seadrill Ltd is positioned as a major offshore drilling contractor, with its primary revenue generated from operations in the United States and an extensive fleet that includes drillships, semi-submersible rigs, and jack-up rigs. The company's optimistic outlook is supported by its anticipation of an uptick in contract activity, which could enhance its earnings model for 2025. Continued engagement in both shallow and ultra-deepwater drilling across a diverse geographical portfolio further underpins the potential for future growth.
Bears say
Seadrill Ltd has reported weaker-than-expected revenue primarily due to delays in the commencement of operations for key assets, including West Auriga and West Polaris, now anticipated to start in the first quarter of 2025. Additionally, the company continues to grapple with industry-wide challenges, experiencing further adverse developments such as a 50-day operational downtime for the West Tellus, which is expected to significantly affect first-quarter financial results. Furthermore, the ongoing lack of contract activity poses a near-term headwind for Seadrill, casting uncertainty on its revenue generation capabilities for the upcoming year.
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