Delivery Hero keeps Östberg as CEO. Delivery Hero stock sits 12.12 percent below Uber's offer
Published on 10/02/2026 at 14:59 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS
Delivery Hero (ISIN DE000A2E4K43) was trading at EUR 36.47 at Lang & Schwarz on October 2, 2026 at 2:39 p.m. CEST, up 0.36 percent versus the prior close of EUR 36.34. According to Delivery Hero, Niklas Östberg will continue as CEO beyond March 31, 2027, preserving leadership continuity while the company advances its proposed combination with Uber.
CEO continuity meets Uber offer
The management change matters because the takeover process remains the dominant corporate event around the stock. The Uber offer is EUR 41.50 per share, leaving the Lang & Schwarz price 12.12 percent below that level on October 2, 2026.
MarketScreener reported on September 3, 2026 that Delivery Hero's management and supervisory boards supported the offer and considered the EUR 41.50 price appropriate and fair. The transaction is expected to close in the second half of 2027, subject to customary conditions including regulatory approvals.
Growth outlook moves higher
The operating picture provides a separate valuation reference. In the first half of 2026, revenue grew 18.00 percent like-for-like to EUR 7.8 billion, while adjusted EBITDA rose 4.00 percent year over year to EUR 427.0 million, according to Yahoo Finance in the first-half 2026 earnings transcript.
The same transcript says Delivery Hero raised its full-year 2026 like-for-like revenue growth outlook to 17-19 percent from 14-16 percent. Adjusted EBITDA guidance also moved to EUR 960 million to EUR 1.0 billion from EUR 910 million to EUR 960 million, while free cash flow before extraordinary items rose to more than EUR 250 million from more than EUR 200 million.
Stock remains below yearly high
At EUR 36.47, the Lang & Schwarz price was 8.44 percent below the 52-week high of EUR 39.83 and well above the 52-week low of EUR 14.80, both as of October 2, 2026. The company is scheduled to publish its third-quarter 2026 trading update on October 28, 2026, according to its investor-relations calendar.
Bernstein retained a Buy rating and a EUR 41.50 target on September 3, 2026, according to MarketScreener. That target matches the Uber offer, placing the analyst view and the proposed transaction at the same reference level.
Trading level and next date
Delivery Hero has a market capitalization of EUR 11.1 billion as of October 2, 2026. Its Xetra listing is part of the MDAX, and its business spans online food delivery and quick commerce across multiple regions.
The further course of trading is shown by the continuously updated real-time quote of Delivery Hero stock.
Delivery Hero stock facts
- Company: Delivery Hero SE
- ISIN: DE000A2E4K43
- WKN: A2E4K4
- Ticker: DHER
- Primary exchange: Xetra
- Price Lang & Schwarz (as of October 2, 2026, 2:39 p.m. CEST): EUR 36.47
- Change versus prior close: plus 0.36 percent
- Prior close Lang & Schwarz (October 1, 2026): EUR 36.34
- Market capitalization: EUR 11.1 billion (as of October 2, 2026)
- 52-week range: EUR 14.80-EUR 39.83 (as of October 2, 2026)
- Sector / Industry: Consumer Cyclical / Internet Services
- Index membership: MDAX
- Next earnings date: October 28, 2026
