PBF Energy (PBF) – Among the Energy Stocks that Fell This Week

The share price of PBF Energy Inc. (NYSE:PBF) fell by 16.19% between December 10 and December 17, 2025, putting it among the Energy Stocks that Lost the Most This Week.

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PBF Energy Inc. (NYSE:PBF) is one of the largest independent petroleum refiners and suppliers of unbranded transportation fuels, heating oil, petrochemical feedstocks, lubricants, and other petroleum products in the United States.

PBF Energy Inc. (NYSE:PBF) suffered a blow on December 8 when Wolfe Research analyst Doug Leggate downgraded the stock from ‘Peer Perform’ to ‘Underperform’, while assigning it a price target of $23. The downgrade is driven by a tactical underweight in the US refining sector, with the analyst highlighting that the decline in West Coast margins has removed the necessary support for the recent absolute outperformance.

Moreover, the analyst firm expects a series of headwinds for the broader US refining sector, led by lower distillate cracks due to robust European inventories and skewed risk in the event of a Ukraine-Russia peace deal. A peaceful resolution to the ongoing war will allow Moscow to export its oil without the risk of Western sanctions and push global crude prices even lower.

That said, PBF Energy Inc. (NYSE:PBF) received some support on December 12 when Mizuho analyst Nitin Kumar upgraded the stock from ‘Underperform’ to ‘Neutral’, while also raising its price target from $31 to $38. The revised price target represents an upside potential of almost 43% from the current share price, as of the writing of this piece.

While we acknowledge the potential of PBF as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you’re looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock.

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Disclosure: None.