Delivery Hero keeps Östberg as CEO: Delivery Hero stock sits 12.39 percent below Uber's offer
Published on 10/01/2026 at 09:49 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS
Delivery Hero stock, ISIN DE000A2E4K43, was trading at EUR 36.36 at Lang & Schwarz on October 1, 2026 at 9:36 a.m. CEST, up 0.30 percent from the EUR 36.25 prior close. The central corporate change is leadership: according to EQS News on September 24, 2026, Niklas Östberg will remain CEO beyond March 31, 2027. The EUR 41.50 Uber offer is 12.39 percent above the Lang & Schwarz price.
Leadership changes during takeover
The decision reverses the earlier plan for Östberg to leave the role by March 31, 2027. EQS News said the continuation reflects the changed situation created by Uber's ongoing takeover offer, while Östberg's existing service agreement runs until April 30, 2029.
The offer therefore remains the key valuation reference. At EUR 36.36, the Lang & Schwarz price stood EUR 5.14 below Uber's EUR 41.50 cash proposal on October 1, 2026, a gap that is distinct from the day's 0.30 percent move.
First-half growth supports outlook
Delivery Hero's latest operating update showed revenue of EUR 7.8 billion in the first half of 2026, up 18.00 percent on a like-for-like basis. The same update reported adjusted EBITDA of EUR 427 million, an increase of 4.00 percent year over year, while free cash flow before extraordinary items reached EUR 348 million.
According to Yahoo Finance on August 27, 2026, Delivery Hero raised its full-year 2026 revenue growth outlook to 17.00 percent-19.00 percent from 14.00 percent-16.00 percent and lifted adjusted EBITDA guidance to EUR 960 million-EUR 1.0 billion from EUR 910 million-EUR 960 million. That combination gives the takeover discussion an operating counterweight: growth accelerated, but investment and transaction execution still matter.
Cash flow and regulatory milestones
S&P Global Ratings said on September 11, 2026, that Delivery Hero's adjusted EBITDA reached EUR 426.7 million in the first half of 2026 while the adjusted EBITDA margin declined to 5.50 percent from 6.00 percent. The agency also cited the proposed USD 1.3 billion term-loan repricing and projected annual interest savings of EUR 15 million-EUR 20 million.
Delivery Hero's investor-relations calendar lists the Q3 2026 trading update for October 28, 2026. The company says it has been listed on the Frankfurt Stock Exchange since 2017 and is part of the MDAX, keeping the next operating update as the next dated company milestone.
Stock remains below cash offer
Delivery Hero had a market capitalization of EUR 11.0 billion and a 52-week range of EUR 14.80 to EUR 39.83 as of October 1, 2026. The EUR 36.36 Lang & Schwarz price was inside that range, while its EUR 5.14 gap to the Uber offer leaves the transaction spread as the clearest market measure.
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: Frankfurt Stock Exchange
- Price Lang & Schwarz as of October 1, 2026, 9:36 a.m. CEST: EUR 36.36
- Change versus prior close: plus 0.30 percent
- Prior close Lang & Schwarz September 30, 2026: EUR 36.25
- Market capitalization: EUR 11.0 billion (as of October 1, 2026)
- 52-week range: EUR 14.80-EUR 39.83 (as of October 1, 2026)
- Sector / Industry: Consumer Cyclical / Specialty Retail
- Index membership: MDAX
- Next earnings date: October 28, 2026
