Delek US Holdings faces price target cut amid oversold conditions
Written by Emily J. Thompson, Senior Investment Analyst
Updated: 20 Jan 26
Source: NASDAQ.COM
Delek US Holdings Inc. has seen its stock price decline by 6.07% as it hits a 20-day low, reflecting broader market weakness with the Nasdaq-100 down 2.05% and the S&P 500 down 1.97%.
The decline follows a price target reduction by JP Morgan analyst from $42 to $38, which has contributed to a 9% drop in the stock price over the past month. The stock's RSI of 29.9 indicates oversold conditions, suggesting potential buying opportunities for investors looking for rebounds in the energy sector.
Despite the current downturn, analysts suggest that the oversold status of Delek US Holdings may attract investors seeking value, as historically, such conditions can lead to price recoveries.
Analyst Views on DK
Wall Street analysts forecast DK stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for DK is 40.91 USD with a low forecast of 33.00 USD and a high forecast of 53.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
11 Analyst Rating
3 Buy
8 Hold
0 Sell
Moderate Buy
Current: 28.940
Low
33.00
Averages
40.91
High
53.00
Current: 28.940
Low
33.00
Averages
40.91
High
53.00
About DK
Delek US Holdings, Inc. is a diversified downstream energy company with assets in petroleum refining, logistics, pipelines, and renewable fuels. The Company's segments include Refining and Logistics. The Refining segment processes crude oil and other feedstocks for the manufacture of transportation motor fuels, including various grades of gasoline, diesel fuel and aviation fuel, asphalt and other petroleum-based products that are distributed through owned and third-party product terminals. The Refining segment also owns three biodiesel facilities, located in Crossett, Arkansas, Cleburne, Texas and New Albany, Mississippi. The Logistics segment is engaged in gathering, transporting and storing crude oil and natural gas, marketing, distributing, transporting and storing intermediate and refined products and disposing and recycling water in select regions of the southeastern United States and North Dakota, the Midland Basin in Texas, the Delaware Basin in New Mexico and West Texas.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
