Delivery Hero retained its chief executive as Delivery Hero stock sits below EUR 41.50

Published on 10/09/2026 at 11:29 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Adjusted EBITDA hit EUR 427 million in the first half, up 4.00 percent year over year. Delivery Hero stock costs EUR 36.58 on October 9, 2026 versus EUR 36.62.

Key points in brief

Delivery Hero retained chief executive Niklas Östberg beyond March 31, 2027, during Uber's takeover process.
First-half 2026 adjusted EBITDA reached EUR 427 million, up 4.00 percent year over year.
The stock was trading at EUR 36.58 at Lang & Schwarz on October 9, 2026, down 0.11 percent versus EUR 36.62.
Delivery Hero's next quarterly trading update is scheduled for October 28, 2026.

Börsen-Trading-Floor Frankfurt mit Food-Tech-Sektorkursen auf großen Bildschirmen — Delivery Hero SE ISIN DE000A2E4K43 an Frankfurter Börse gehandelt, Trader verfolgen Food-Tech-Sektorkurse, Illustration mit AI erstellt.

Delivery Hero (ISIN DE000A2E4K43) was trading at EUR 36.58 at Lang & Schwarz on October 9, 2026 at 11:21 a.m. CEST, while its EUR 41.50 takeover offer remains the central valuation reference. On September 24, Delivery Hero said co-founder Niklas Östberg would continue as chief executive beyond March 31, 2027, keeping leadership in place during the proposed transaction.

Three takeover milestones in 2026

On September 2, Delivery Hero published its joint statement recommending acceptance of Uber's EUR 41.50-per-share cash offer. On September 14, the company completed repricing of a USD 1.30 billion term loan, according to its investor-relations page.

On September 24, Delivery Hero confirmed that Östberg would remain beyond March 31, 2027. The contract decision gives the deal process a management timetable extending into 2027 rather than a planned leadership handover in the first quarter.

What does the offer mean for growth?

The operating figures provide a second valuation lens. In the first half of 2026, adjusted EBITDA rose 4.00 percent year over year to EUR 427 million, while revenue increased 18.00 percent on a like-for-like basis to EUR 7.80 billion, Yahoo Finance reported from the August 27 earnings call.

Management raised full-year 2026 guidance for adjusted EBITDA to EUR 960 million to EUR 1.00 billion from EUR 910 million to EUR 960 million. Revenue growth guidance moved to 17.00 percent to 19.00 percent from 14.00 percent to 16.00 percent, while free cash flow before extraordinary items is expected to exceed EUR 250 million.

Two dates set the next phase

Delivery Hero lists October 28, 2026 for its third-quarter trading update, and the takeover acceptance period is scheduled to end on November 5, 2026, according to the earnings-call transcript.

Stock remains below the offer

At EUR 36.58, the Lang & Schwarz price stood 11.86 percent below the EUR 41.50 offer and 8.16 percent below the Xetra 52-week high of EUR 39.83 as of October 8, 2026. The company's market capitalization was EUR 11.1 billion as of October 9, 2026, while the Xetra 52-week range was EUR 14.80 to EUR 39.83.

The further course of trading is shown by the continuously updated real-time quote of Delivery Hero stock.