Delivery Hero stock holds steady as Uber bid meets stronger results
Published on 08/31/2026 at 13:50 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS
Delivery Hero SE stock (ISIN DE000A2E4K43) closed at €36.99 on August 29, 2026, while Uber's €41.50 per-share cash offer still left a gap of more than €4.50 to the market price. The latest first-half 2026 report also showed GMV of €25.7 billion, revenue of €7.8 billion, and adjusted EBITDA of €427 million, giving investors a cleaner read on the business than the takeover headline alone.
As the ad hoc coverage notes, the company raised full-year 2026 GMV growth guidance to 9 percent to 11 percent from 8 percent to 10 percent, lifted revenue growth guidance to 17 percent to 19 percent from 14 percent to 16 percent, and increased adjusted EBITDA guidance to €960 million to €1 billion from €910 million to €960 million. That guidance reset sits on top of a first half in which GMV rose 10.1 percent year over year, revenue climbed 17.8 percent, and adjusted EBITDA increased from €411 million to €427 million.
Offer price versus trading price
The spread between the bid and the market price is the main valuation anchor for Delivery Hero shares. The offer values the company at roughly €13 billion, while the stock's latest quoted level of €37.00 on August 31, 2026, sits just below the 52-week high of €39.83 and well above the 52-week low of €14.80.
Volume on August 31, 2026 was 44.08K shares in the latest snapshot, a sign that the market is still processing the takeover terms and the stronger operating numbers together. The stock's move over the year has also been large enough to matter for portfolio construction, with the same price history showing a 12-month gain of 65 percent in the cited coverage.
What changed in half-year 2026
GMV of €25.7 billion and revenue of €7.8 billion in the first half of 2026 show that Delivery Hero is still scaling its core marketplace business while improving profitability. The €427 million adjusted EBITDA outcome is especially important because it is not just higher than the prior-year €411 million figure, but also comfortably ahead of the €396 million analyst estimate cited in the coverage.
The comparison that matters most is the step up in cash generation: free cash flow before special items swung to plus €348 million from minus €8 million a year earlier. That change gives management more room while the Uber offer remains open until November 5, 2026.
Where the product angle sits
Delivery Hero's marketplace model still depends on local restaurant delivery, quick commerce, and other on-demand services rather than one single hero product. The latest numbers show the company leaning harder on volume, with quick commerce accounting for 18.3 percent of group GMV and Dmart orders jumping 39 percent in the cited coverage.
That mix matters because it helps explain why the market is not treating the takeover bid as a simple premium story. Revenue growth, EBITDA progression, and cash flow improvement all need to be weighed against the fact that the offer price has already become a ceiling for the shares.
Price level to watch
Delivery Hero stock traded at €37.00 on August 31, 2026, with a day range of €36.91 to €37.03 and a 52-week range of €14.80 to €39.83. The price history snapshot also shows average daily volume of 78,856 shares, underlining how tightly the stock is now tracking the bid and the operating update.
Fact box
Company: Delivery Hero SE
ISIN: DE000A2E4K43
Ticker: DHER
Exchange: Xetra
Price (as of August 31, 2026, 6:39 a.m. ET): €37.00
Market cap: €13 billion
Sector / Industry: Consumer Discretionary / Online Delivery
Index membership: MDAX
Next earnings date: November 5, 2026
More on Delivery Hero stock
Delivery Hero remains a European food delivery and quick commerce platform with a growing mix of marketplace, logistics, and subscription-based services.
