Delek US Holdings stock gets a Hold rating and USD 86 target

Published on 10/08/2026 at 06:21 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Freedom Broker initiated coverage on October 6, 2026, while Delek US Holdings stock was last at USD 75.46 on October 7. Q2 revenue reached USD 4.09 billion, up 47.9 percent year over year.

DK, US24665A1034, Illustration mit AI erstellt.

Delek US Holdings (ISIN US24665A1034) was last at USD 75.46 on the NYSE on October 7, 2026, at 4:00 p.m. ET, down 0.28 percent from the prior close. The latest analyst action gives the refining company a fresh valuation reference as margins and leverage remain central to the stock story.

Freedom Broker sets USD 86 target

According to Investing.com on October 6, 2026, Freedom Broker initiated coverage with a Hold rating and a USD 86.00 price target. The report said refining margins could ease from their third-quarter 2026 peak while remaining above mid-cycle levels through 2027.

The target stands USD 10.54 above the October 7 price, a 14.0 percent gap based on the two stated values. Freedom Broker's rating therefore combines a higher valuation level with a cautious view of the refining cycle.

Q2 earnings reset the baseline

MarketBeat reported that Delek US generated USD 4.09 billion of revenue in the second quarter of 2026, up 47.9 percent from the prior-year quarter. Adjusted EPS reached USD 5.48, compared with a consensus estimate of USD 2.67, while the prior-year quarter produced a loss of USD 0.56 per share.

The same report identified a Moderate Buy consensus based on 13 analysts, with an average price target of USD 67.17. That average sits below the latest market price, making the split between recent earnings strength and forward valuation a central investor issue.

Convertible notes add a balance-sheet test

Simply Wall St reported on October 7, 2026, that Delek completed a USD 400 million zero-coupon convertible note offering due November 1, 2031. The financing adds liquidity flexibility but also introduces potential equity dilution and keeps leverage in view alongside the refining outlook.

Delek US Holdings stock stays below its yearly high

Delek US Holdings stock was last at USD 75.46 on the NYSE on October 7, 2026. Its 52-week range was USD 25.85 to USD 82.27, while market capitalization stood at USD 4.6 billion, leaving the stock below its yearly high as analysts reassess the earnings rebound and financing structure.