Delek US Holdings Inc experienced a price drop of 7.24%, crossing below its 5-day SMA. This decline is part of a broader trend in the oil and gas refining and marketing sector, which saw a decrease of approximately 0.8% on the same day, with Delek leading the decline at 3.9%.
The stock's performance is attributed to sector rotation, as the oil and gas refining and marketing stocks are identified as laggards in the market. Despite the Nasdaq-100 showing a slight gain of 0.37%, Delek's decline reflects the challenges faced by its sector, which is struggling amid overall market conditions.
Investors may need to reassess their positions in Delek US Holdings Inc as the company navigates through a challenging environment. The stock's movement suggests a need for caution, particularly as the sector continues to face headwinds.
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
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.
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
Morgan Stanley
Equal Weight
downgrade
$40 -> $38
2026-01-27
New
Reason
Morgan Stanley
Price Target
$40 -> $38
AI Analysis
2026-01-27
New
downgrade
Equal Weight
Reason
Morgan Stanley lowered the firm's price target on Delek US to $38 from $40 and keeps an Equal Weight rating on the shares. Refining stocks have risen by about 10% year-to-date on the back of widening light/heavy differentials following the recent Venezuela events, the analyst noted. Updating for the latest forward cracks, the firm's Q1 EPS estimates for its large-cap refiner coverage are about 5%-10% below consensus on average, the analyst tells investors in a Q4 preview for the group. On a long-term basis, the firm remains constructive on the refining outlook, but it reiterates an In-Line industry view driven by valuation.
Citi
Neutral
downgrade
$37 -> $33
2026-01-26
New
Reason
Citi
Price Target
$37 -> $33
2026-01-26
New
downgrade
Neutral
Reason
Citi lowered the firm's price target on Delek US to $33 from $37 and keeps a Neutral rating on the shares.
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Scotiabank
Sector Perform
downgrade
$40 -> $34
2026-01-16
Reason
Scotiabank
Price Target
$40 -> $34
2026-01-16
downgrade
Sector Perform
Reason
Scotiabank lowered the firm's price target on Delek US to $34 from $40 and keeps a Sector Perform rating on the shares. The firm is updating its price targets for U.S. Integrated Oil, Refining, and Large Cap Exploration & Production, E&P, stocks under its coverage, the analyst tells investors. Scotiabank expects earnings for the quarter to be straightforward due to the absence of major winter weather disruptions. Additionally, looking ahead, the firm expects investors to focus on whether recent market turmoil will cause changes to 2026 guidance and if any E&P companies will adopt cost reduction programs.
Piper Sandler
Neutral
downgrade
$47 -> $40
2026-01-08
Reason
Piper Sandler
Price Target
$47 -> $40
2026-01-08
downgrade
Neutral
Reason
Piper Sandler lowered the firm's price target on Delek US to $40 from $47 and keeps a Neutral rating on the shares. The firm says that entering 2026, while the chairs have shuffled around a bit, the song remains similar to twelve months ago - a bearish crude outlook that is likely to make it difficult for the sector to outperform the broader market. On the flip side, Piper sees the refining market as even better than 2025, driven by what it expects to be incrementally tighter S/D and crude differential tailwinds.
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.
