Delek US (NYSE:DK) Stock Price Up 6.3% – Here’s Why

Delek US Holdings, Inc. (NYSE:DK) traded up 6.3% on Monday. The stock traded as high as $78.76 and last traded at $79.0680. 146,495 shares traded hands during trading, a decline of 91% from the average daily volume of 1,571,829 shares. The stock had previously closed at $74.41.

Trending Headlines about Delek US

Here are the key news stories impacting Delek US this week:

• Positive Sentiment: Zacks raised its 2026 EPS estimates to $4.19 for the third quarter, $4.05 for the fourth quarter, and $13.80 for full-year 2026, compared with prior estimates of $2.05, $1.70, and $9.31, respectively.
• Positive Sentiment: Estimates for 2027 also improved meaningfully: full-year EPS rose to $11.18 from $5.88, while first-quarter 2027 EPS increased to $3.23 from $0.94, and third-quarter EPS increased to $3.34 from $1.73. The fourth-quarter 2027 estimate rose to $2.91 from $1.68.
• Positive Sentiment: Zacks lifted its 2028 first- and second-quarter EPS estimates to $0.23 and $0.44, respectively, and raised full-year 2028 EPS to $0.29 from $0.02.
• Neutral Sentiment: The revisions are analyst-estimate changes rather than new operating results or company guidance. The current full-year consensus estimate remains around $18.04 EPS, while the supplied background cites a recent quarterly result of $5.48 EPS and $4.09 billion in revenue.
• Negative Sentiment: Despite the near-term upgrades, Zacks reduced its third-quarter 2028 EPS forecast to $0.77 from $0.90. More broadly, the estimates imply earnings falling from $13.80 in 2026 and $11.18 in 2027 to only $0.29 in 2028, raising concerns about the durability of Delek US’s earnings cycle.
• Negative Sentiment: With DK trading near its 52-week high and above its 50-day average, investors may be taking profits or demanding stronger evidence that the elevated near-term earnings outlook can persist. The expected longer-term earnings decline likely helps explain why the stock has decreased despite the improved 2026–2027 forecasts.

Analysts Set New Price Targets

Several brokerages have recently commented on DK. TD Cowen raised their price objective on shares of Delek US from $85.00 to $90.00 and gave the company a “buy” rating in a research report on Thursday, October 22nd. Wells Fargo & Company boosted their price target on Delek US from $82.00 to $95.00 and gave the stock an “overweight” rating in a report on Wednesday, October 14th. Morgan Stanley boosted their price target on shares of Delek US from $45.00 to $81.00 and gave the stock an “equal weight” rating in a research report on Monday, September 14th. Weiss Ratings raised shares of Delek US from a “hold (c+)” rating to a “buy (b-)” rating in a research note on Thursday, October 8th. Finally, Raymond James Financial increased their price objective on shares of Delek US from $72.00 to $90.00 and gave the company an “outperform” rating in a research report on Monday, September 14th. One equities research analyst has rated the stock with a Strong Buy rating, five have given a Buy rating and eight have assigned a Hold rating to the company. According to MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average price target of $75.00.

Delek US Price Performance

The business has a 50-day moving average of $73.67 and a two-hundred day moving average of $52.19. The company has a market cap of $4.30 billion, a P/E ratio of 19.72 and a beta of 0.62.

Delek US (NYSE:DK) last posted its quarterly earnings data on Wednesday, August 5th. The oil and gas company reported $5.48 earnings per share for the quarter, topping analysts’ consensus estimates of $2.67 by $2.81. The business had revenue of $4.09 billion during the quarter, compared to analyst estimates of $3.44 billion. The firm’s revenue for the quarter was up 47.9% compared to the same quarter last year. During the same period in the previous year, the business earned ($0.56) EPS. Equities analysts anticipate that Delek US Holdings, Inc. will post 18.79 EPS for the current fiscal year.

Insider Transactions at Delek US

In related news, EVP Reuven Spiegel sold 7,500 shares of the stock in a transaction that occurred on Tuesday, September 1st. The stock was sold at an average price of $73.21, for a total value of $549,075.00. Following the completion of the transaction, the executive vice president directly owned 28,935 shares in the company, valued at approximately $2,118,331.35. This represents a 20.58% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. Also, Director Vicky Sutil sold 6,397 shares of the business’s stock in a transaction that occurred on Friday, September 4th. The shares were sold at an average price of $71.50, for a total transaction of $457,385.50. Following the completion of the sale, the director directly owned 26,407 shares in the company, valued at $1,888,100.50. This trade represents a 19.50% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold 163,377 shares of company stock worth $11,082,485 in the last ninety days. Company insiders own 3.56% of the company’s stock.

Institutional Trading of Delek US

Several institutional investors have recently added to or reduced their stakes in DK. Pinnacle Wealth Planning Services Inc. acquired a new position in Delek US during the third quarter worth $111,000. Carolina Wealth Advisors LLC purchased a new position in shares of Delek US during the third quarter worth $38,000. Sterling Capital Management LLC grew its stake in shares of Delek US by 837.7% in the third quarter. Sterling Capital Management LLC now owns 2,016 shares of the oil and gas company’s stock valued at $144,000 after buying an additional 1,801 shares in the last quarter. Inspire Investing LLC acquired a new stake in shares of Delek US in the third quarter valued at $711,000. Finally, Yousif Capital Management LLC purchased a new stake in shares of Delek US in the 3rd quarter valued at $1,119,000. Institutional investors and hedge funds own 97.01% of the company’s stock.

Delek US Company Profile

Delek US Holdings, Inc is a downstream energy company headquartered in Brentwood, Tennessee. The company operates petroleum refineries and related logistics assets, producing and transporting fuels and other refined petroleum products for markets primarily in the southern United States.

Through its refining operations, Delek processes crude oil into products such as gasoline, diesel, jet fuel and asphalt. Its logistics business, conducted in part through Delek Logistics Partners, owns and operates pipelines, crude oil gathering systems, storage terminals, transportation assets and other infrastructure that supports the movement of crude oil and refined products.

Delek has also operated convenience stores and fuel stations, particularly in Texas and neighboring states, under brands including DK and Alon.