Delek US (NYSE:DK) Rating Increased to Strong-Buy at Wall Street Zen

Key Points

• Wall Street Zen upgraded Delek US (NYSE:DK) from "buy" to "strong-buy", but overall analyst coverage remains mixed with a MarketBeat consensus of "Hold" and a $44.15 price target.
• Q1 earnings beat: Delek reported $0.08 EPS (vs. -$1.42 expected) and $2.65B revenue, and management outlined operational targets including an EOP run rate of at least $220M and 2026 DKL EBITDA guidance of $520M–$560M.
• Insider selling and ownership: Insiders sold 172,095 shares (~$7.26M) in the last 90 days (insiders own 3.56%), while institutional investors own about 97% of the company’s stock.

Delek US (NYSE:DK - Get Free Report) was upgraded by research analysts at Wall Street Zen from a "buy" rating to a "strong-buy" rating in a research report issued on Saturday.

DK has been the subject of a number of other research reports. Wells Fargo & Company upped their price objective on shares of Delek US from $54.00 to $59.00 and gave the company an "overweight" rating in a research note on Tuesday, March 31st. UBS Group upped their price objective on shares of Delek US from $42.00 to $48.00 and gave the company a "neutral" rating in a research note on Friday, April 10th. TD Cowen dropped their price objective on shares of Delek US from $60.00 to $44.00 and set a "hold" rating for the company in a research note on Monday, April 27th. Mizuho upped their price objective on shares of Delek US from $51.00 to $54.00 and gave the company an "outperform" rating in a research note on Tuesday, March 17th. Finally, Piper Sandler dropped their price objective on shares of Delek US from $47.00 to $40.00 and set a "neutral" rating for the company in a research note on Thursday, January 8th. One analyst has rated the stock with a Strong Buy rating, five have given a Buy rating, eight have assigned a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat, Delek US presently has a consensus rating of "Hold" and a consensus price target of $44.15.

Delek US Trading Up 0.3%

Shares of DK stock opened at $46.73 on Friday. The firm has a 50-day moving average price of $41.70 and a 200 day moving average price of $36.70. Delek US has a twelve month low of $13.29 and a twelve month high of $48.32. The company has a market capitalization of $2.79 billion, a price-to-earnings ratio of -51.35, a PEG ratio of 0.49 and a beta of 0.63. The company has a current ratio of 0.76, a quick ratio of 0.53 and a debt-to-equity ratio of 10.51.

Delek US (NYSE:DK - Get Free Report) last posted its quarterly earnings data on Wednesday, April 29th. The oil and gas company reported $0.08 EPS for the quarter, beating analysts' consensus estimates of ($1.42) by $1.50. Delek US had a negative net margin of 0.48% and a positive return on equity of 22.90%. The company had revenue of $2.65 billion during the quarter, compared to the consensus estimate of $2.33 billion. During the same quarter in the prior year, the company posted ($2.32) EPS. The company's quarterly revenue was up .4% compared to the same quarter last year. Research analysts forecast that Delek US will post 3.23 earnings per share for the current fiscal year.

Insider Activity

In related news, EVP Denise Clark Mcwatters sold 11,988 shares of the stock in a transaction that occurred on Friday, March 13th. The shares were sold at an average price of $41.33, for a total transaction of $495,464.04. Following the completion of the sale, the executive vice president owned 74,196 shares of the company's stock, valued at approximately $3,066,520.68. This represents a 13.91% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, EVP Reuven Spiegel sold 20,000 shares of the stock in a transaction that occurred on Wednesday, March 4th. The stock was sold at an average price of $42.84, for a total transaction of $856,800.00. Following the sale, the executive vice president directly owned 48,530 shares of the company's stock, valued at approximately $2,079,025.20. This trade represents a 29.18% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In the last 90 days, insiders have sold 172,095 shares of company stock worth $7,257,409. Insiders own 3.56% of the company's stock.

Institutional Trading of Delek US

A number of institutional investors and hedge funds have recently bought and sold shares of DK. Caitong International Asset Management Co. Ltd increased its position in Delek US by 95.6% during the 4th quarter. Caitong International Asset Management Co. Ltd now owns 884 shares of the oil and gas company's stock worth $26,000 after purchasing an additional 432 shares in the last quarter. Brown Brothers Harriman & Co. acquired a new stake in Delek US during the 3rd quarter worth approximately $27,000. EverSource Wealth Advisors LLC increased its position in Delek US by 173.4% during the 4th quarter. EverSource Wealth Advisors LLC now owns 968 shares of the oil and gas company's stock worth $29,000 after purchasing an additional 614 shares in the last quarter. Torren Management LLC acquired a new stake in Delek US during the 4th quarter worth approximately $40,000. Finally, Focus Partners Wealth acquired a new stake in Delek US during the 3rd quarter worth approximately $44,000. Institutional investors and hedge funds own 97.01% of the company's stock.

Key Headlines Impacting Delek US

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

• Positive Sentiment: Q1 earnings beat and management commentary — Delek reported a Q1 earnings surprise (EPS beat and revenue above expectations) and management outlined operational targets (including a targeted EOP run rate of at least $220M and 2026 DKL EBITDA guidance of $520M–$560M), supporting near-term profit recovery and cash‑flow improvement. Delek targets at least $220M EOP run rate and outlines $520M-$560M 2026 DKL EBITDA
• Positive Sentiment: Zacks upgraded DK to "strong-buy" — Zacks moved its rating to strong‑buy, which can attract buyer interest and supports the stock rally. Zacks.com
• Positive Sentiment: Investor takeaways from the earnings call — Highlights from the Q1 call reinforced that management is navigating market disruption and prioritizing EBITDA recovery and operational efficiency, which investors view as constructive for cash flow and leverage reduction. Delek US Holdings Inc (DK) Q1 2026 Earnings Call Highlights
• Neutral Sentiment: Coverage note / momentum write‑ups — Several media and analyst write‑ups explain recent momentum and investor interest; these summaries help frame sentiment but don’t add new company guidance. Delek US Stock Forecast: What Is Driving Recent Momentum
• Neutral Sentiment: Full Q1 transcript available — The transcript provides color for investors wanting line‑by‑line management commentary and Q&A; useful for conviction but not an immediate catalyst by itself. Delek US (DK) Q1 2026 Earnings Transcript
• Negative Sentiment: Mixed/volatile analyst estimate revisions from Zacks — Zacks published many model changes: they cut Q1 2026 EPS estimates sharply (to roughly ($1.58)) while concurrently raising multiple later quarters and FY2026/FY2027 estimates. The Q1 cut signals near‑term earnings pressure and volatile guidance coming from commodity/market disruption. (No direct link available for the estimate summary.)

Delek US Company Profile

Delek US Holdings, Inc NYSE: DK is an independent downstream energy company engaged in the refining, logistics, and marketing of petroleum products. Headquartered in Brentwood, Tennessee, the company operates a network of inland refineries, storage terminals and pipelines, and convenience store locations. Delek US focuses on converting crude oil into a variety of finished products, including gasoline, diesel, jet fuel, asphalt and renewable fuels, serving wholesale and retail customers across the United States.

In its refining segment, Delek US owns and operates four inland refineries located in Texas and Arkansas.

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