Delivery Hero stock trades at EUR 36.50 as Uber deal advances
Published on 09/29/2026 at 15:36 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS
Delivery Hero (ISIN DE000A2E4K43) was trading at EUR 36.50 at Lang & Schwarz on September 29, 2026, down 0.38 percent from the prior close of EUR 36.64. The company is balancing stronger first-half operating figures with Uber's proposed EUR 41.50 cash offer and a prolonged leadership transition.
CEO remains through the takeover
According to Delivery Hero on September 24, 2026, co-founder Niklas Ostberg will remain CEO beyond March 31, 2027. That keeps management continuity in place while shareholders assess the proposed transaction and its conditions.
The offer price of EUR 41.50 is materially above the Lang & Schwarz price of EUR 36.50, but the two figures have different reference bases. EL7.AI reported on September 24, 2026, that the offer requires shareholder acceptance and regulatory approval, with acceptance ending November 5, 2026.
Revenue growth meets margin pressure
S&P Global reported on September 11, 2026, that Delivery Hero's first-half 2026 revenue rose 12.7 percent year over year to EUR 7.8 billion. Company-defined adjusted EBITDA reached EUR 426.7 million, while the adjusted EBITDA margin declined to 5.5 percent from 6.0 percent because of investments in customer experience, quick commerce and Dmart expansion.
The comparison gives the stock a more balanced operating profile: revenue growth accelerated the top line, while the 0.5 percentage point margin decline shows that expansion still carries a cost. The next operating checkpoint is scheduled for October 28, 2026, when Delivery Hero lists its Q3 2026 trading update in the financial calendar.
Analyst target stays at EUR 41.50
MarketScreener reported on September 10, 2026, that UBS kept its Neutral rating and an unchanged EUR 41.50 price target. The target is EUR 5.00 above the Lang & Schwarz price, making the takeover consideration and the independent operating outlook the two separate reference points for the stock.
Delivery Hero stock stays below offer price
Delivery Hero stock was trading at EUR 36.50 at Lang & Schwarz on September 29, 2026 at 3:32 p.m. CEST, down 0.38 percent versus the prior close of EUR 36.64. The 52-week range was EUR 14.80 to EUR 39.83 on September 29, 2026.
Delivery Hero stock facts
- Company: Delivery Hero SE
- ISIN: DE000A2E4K43
- WKN: A2E4K4
- Ticker: DHER
- Primary exchange: Frankfurt Stock Exchange
- Price Lang & Schwarz (as of September 29, 2026, 3:32 p.m. CEST): EUR 36.50
- Change versus prior close: minus 0.38 percent
- Prior close Lang & Schwarz (September 28, 2026): EUR 36.64
- 52-week range: EUR 14.80-EUR 39.83 (as of September 29, 2026)
- Sector / Industry: Consumer Cyclical / Specialty Retail
- Index membership: MDAX
- Next earnings date: October 28, 2026
