- Despite an “Underperform” rating from Oddo BHF, Delivery Hero‘s stock has seen significant gains due to takeover interest from Uber.
- Uber‘s initial $11.60 billion takeover approach boosted Delivery Hero‘s market capitalization to approximately $12.15 billion.
- The takeover news led to a 9.59% daily increase in Delivery Hero shares, pushing the stock to a new 52-week high of $41.08.
Delivery Hero (OTC: DLVHF) is a German multinational online food-delivery service operating in over 70 countries. The company is a major player in the global food delivery market. One of its main competitors is the U.S. ride-hailing and delivery giant, Uber, which has recently shown significant interest in the company.
On May 25, 2026, the analyst firm Oddo BHF downgraded its rating on Delivery Hero to “Underperform.” An underperform rating suggests that the analyst believes the stock will do slightly worse than the overall market return. At the time of the downgrade, the stock price was $40.00 per share.
This rating comes amid major corporate developments. As highlighted by The Wall Street Journal, Delivery Hero shares rose after Uber made an $11.60 billion takeover approach. The stock reached an 18-month high following news of the indicative offer from Uber, as highlighted by Reuters. This has pushed the company’s market capitalization to approximately $12.15 billion.
According to a report from the Financial Times, Uber is also considering an improved bid. The German company confirmed it received an offer of €33.00 per share, valuing it at over €10.00 billion. This follows the rejection of a higher, previously reported €38.00 per share offer by a major shareholder. Uber has also become Delivery Hero’s largest shareholder, holding a 19.50% stake.
The takeover news has directly impacted the stock’s performance. Shares of Delivery Hero are trading at $40.00, a daily increase of $3.50, or 9.59%. The stock set a new 52-week high of $41.08 during the session, a sharp contrast to its 52-week low of $17.48.
