Delivery Hero stock trades below Uber's EUR 41.50 cash offer
Published on 10/21/2026 at 10:10 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWSDeal terms and operating progress
- Uber's EUR 41.50 cash offer for Delivery Hero was published on August 27, 2026.
- Adjusted EBITDA reached EUR 427 million in the first half of 2026.
- Delivery Hero stock trades at EUR 37.72 at 10:05 a.m. CEST at Lang & Schwarz on October 21, 2026, 0.34 percent below the Xetra close of October 20, 2026.
- The third-quarter trading update is scheduled for October 28, 2026.
Delivery Hero stock (ISIN DE000A2E4K43) was trading at EUR 37.72 at Lang & Schwarz on October 21, 2026, at 10:05 a.m. CEST, 0.34 percent below the October 20 Xetra close of EUR 37.85. The price remains below Uber's EUR 41.50 cash offer, published on August 27, 2026, according to Admirals.
Offer spread stays central
The current price lies 9.11 percent below the EUR 41.50 offer. Admirals states that the acceptance period ends on November 5, 2026, while settlement is expected in the second half of 2027. That timetable helps explain why the share price does not simply match the cash consideration.
Three dates changed the picture
On August 27, 2026, Delivery Hero published its first-half 2026 report and trading update, with adjusted EBITDA of EUR 427 million, according to Delivery Hero. On September 14, 2026, the company completed an early repricing of a USD 1.3 billion Term Loan B, also reported by Delivery Hero. On September 24, 2026, Niklas Östberg was set to continue as chief executive beyond March 31, 2027, according to Delivery Hero.
What does the next date mean?
The next company event is the third-quarter 2026 trading update on October 28, 2026, listed in Delivery Hero's financial calendar. The offer acceptance period ends on November 5, 2026, according to Admirals. For investors, the update will provide a fresh operating checkpoint while the cash offer remains the dominant valuation reference.
Stock remains below the offer
Delivery Hero operates a local delivery and quick-commerce platform across four continents and is part of the MDAX. Its market capitalization was EUR 11.6 billion as of October 21, 2026, while the 52-week range was EUR 14.80 to EUR 39.83 as of October 13, 2026.
The stock was trading at EUR 37.72 at Lang & Schwarz on October 21, 2026, at 10:05 a.m. CEST, 0.34 percent below the Xetra close of October 20, 2026, which was EUR 37.85. 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
- Ticker: DHER
- Primary exchange: Frankfurt Stock Exchange
- Price Lang & Schwarz (as of October 21, 2026, 10:05 a.m. CEST): EUR 37.72
- Change versus Xetra close: minus 0.34 percent
- Xetra close (October 20, 2026): EUR 37.85
- Market capitalization: EUR 11.6 billion (as of October 21, 2026)
- 52-week range: EUR 14.80-39.83 (as of October 13, 2026)
- Sector / Industry: Consumer Services / Online Food Delivery
- Index membership: MDAX
- Next earnings date: October 28, 2026
Market context: Market report DAX.
