Wolfe Research has upgraded Delek US Holdings Inc (DK) to Outperform from Peer Perform, signaling a more favorable outlook for the company. This upgrade, announced on September 2, 2025, comes as Delek's stock trades at $37.69.
The shift in rating suggests analysts are increasingly optimistic about Delek's prospects, which may stem from improved fundamentals or a stronger business performance. Delek US Holdings, headquartered in Brentwood, Tennessee, operates in the energy sector, focusing on petroleum refining and the transportation, storage, and wholesale distribution of crude oil.
With a market capitalization of $2.4 billion, the company has faced challenges, reflected in its trailing twelve months (TTM) earnings per share (EPS) of -8.16. However, recent earnings reports have shown significant surprises, particularly in Q3 2025, where EPS reached $7.13 against an estimate of $0.03, marking a 21,906.2% surprise. Upcoming earnings are set for August 4, 2026, with estimates of $0.46 EPS and $2.8 billion in revenue.
Analyst ratings can provide valuable insights into a company's potential, but they are based on assumptions that may not always materialize. Investors should consider various factors, including company fundamentals and industry trends, when making decisions. As of November 1, 2025, the analyst consensus on Delek is a Buy, with 4 Strong Buy, 7 Buy, 10 Hold, and 1 Sell ratings among 22 analysts.
This update highlights the evolving sentiment surrounding Delek US Holdings Inc as it navigates the complexities of the energy market.