Delivery Hero (DHER) Stock Overview
Provides online food ordering, quick commerce, and delivery services. More details
| Snowflake Score | |
|---|---|
| Valuation | 5/6 |
| Future Growth | 4/6 |
| Past Performance | 0/6 |
| Financial Health | 2/6 |
| Dividends | 0/6 |
DHER Community Fair Values
Create NarrativeSee what 55 others think this stock is worth. Follow their fair value or set your own to get alerts.
Analyst Price Targets
Delivery Hero SE Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | €32.28 |
| 52 Week High | €32.86 |
| 52 Week Low | €14.80 |
| Beta | 1.69 |
| 1 Month Change | 59.49% |
| 3 Month Change | 57.23% |
| 1 Year Change | 24.97% |
| 3 Year Change | -9.35% |
| 5 Year Change | -70.73% |
| Change since IPO | 16.12% |
Recent News & Updates
Narrative Update • May 13
DHER: Future Profit Execution And Ownership Changes Will Shape Repricing
Delivery Hero's updated analyst price target has shifted to €27.53 from €30.46, as analysts factor in a slightly higher discount rate, more measured revenue growth, improved profit margin assumptions and a lower future P/E multiple, as reflected in recent mixed target changes and rating moves across major banks. Analyst Commentary Recent research on Delivery Hero reflects a mix of optimism and caution, with several firms adjusting price targets and ratings in different directions over the same period.
Narrative Update • Apr 29
DHER: AI Productivity Gains And Cost Discipline Will Drive Future Repricing
Narrative update The analyst price target for Delivery Hero has been trimmed by around €0.30 as analysts factor in recent cuts to Street targets and concerns around EBITDA growth, even as their models reflect slightly different assumptions on growth, margins and P/E multiples. Analyst Commentary Recent Street research on Delivery Hero shows a split view, with some large banks trimming targets or ratings while other bullish analysts focus on re-rating potential and execution on profitability.Recent updates
Narrative Update • May 13
DHER: Future Profit Execution And Ownership Changes Will Shape Repricing
Delivery Hero's updated analyst price target has shifted to €27.53 from €30.46, as analysts factor in a slightly higher discount rate, more measured revenue growth, improved profit margin assumptions and a lower future P/E multiple, as reflected in recent mixed target changes and rating moves across major banks. Analyst Commentary Recent research on Delivery Hero reflects a mix of optimism and caution, with several firms adjusting price targets and ratings in different directions over the same period.Narrative Update • Apr 29
DHER: AI Productivity Gains And Cost Discipline Will Drive Future Repricing
Narrative update The analyst price target for Delivery Hero has been trimmed by around €0.30 as analysts factor in recent cuts to Street targets and concerns around EBITDA growth, even as their models reflect slightly different assumptions on growth, margins and P/E multiples. Analyst Commentary Recent Street research on Delivery Hero shows a split view, with some large banks trimming targets or ratings while other bullish analysts focus on re-rating potential and execution on profitability.Narrative Update • Apr 14
DHER: Higher EBITDA Visibility And Lower P/E Assumptions Will Drive Future Repricing
Delivery Hero's analyst price target has been trimmed by about €0.76, as analysts factor in a slightly higher discount rate, more cautious revenue growth assumptions, a higher profit margin and a lower future P/E following a series of recent target cuts and mixed rating actions across the Street. Analyst Commentary Recent research shows a split view on Delivery Hero, with several price target cuts alongside rating changes and selective target increases.
Narrative Update • Mar 31
DHER: Fair Value Reset Will Test Execution On Margins And EBITDA Delivery
The analyst fair value estimate for Delivery Hero has been adjusted from €19.00 to €18.00. This change reflects recent Street research that highlights tempered revenue growth and profit margin expectations, along with mixed ratings and revised price targets from banks.Narrative Update • Mar 17
DHER: Higher Discount Rate And EBITDA Focus Will Drive Future Repricing
Narrative Update on Delivery Hero The updated analyst price target for Delivery Hero has been revised lower, with fair value moving from approximately €46.05 to €43.39. This reflects analysts factoring in a higher discount rate, adjusting future P/E expectations to €89.40, and accounting for mixed Street views around EBITDA growth and rating changes clustered around the €19 and €33 to €34 target range.Narrative Update • Mar 02
DHER: Narrow Price Range Will Test Execution Against Margin And P/E Assumptions
Narrative update Analysts have inched their price targets for Delivery Hero higher, with recent moves from €33 to €34. These changes are framed around slightly faster revenue growth expectations, a minor adjustment to discount rates and modestly lower projected profit margins and future P/E levels.Narrative Update • Feb 16
DHER: Higher Growth Assumptions Will Face Test From Margin And P/E Uncertainty
Analysts have reduced their fair value estimate for Delivery Hero from €21.00 to €19.00, citing updated assumptions on required returns, profit margins and future P/E, while also noting mixed recent Street price target moves. Analyst Commentary Street research on Delivery Hero has been mixed, with some large banks adjusting their views as new information and assumptions filter through.Narrative Update • Feb 02
DHER: Leaner Margin Path And Portfolio Review Will Drive Future Repricing
The analyst price target for Delivery Hero has shifted from €43.00 to about €46.05, as analysts factor in updated assumptions on growth, profitability and future P/E. This comes even as recent Street research shows several firms trimming their own price targets while generally maintaining positive or neutral ratings on the stock.Narrative Update • Jan 19
DHER: Future Margin Execution And Portfolio Actions Will Drive Repricing
The analyst price target for Delivery Hero has been adjusted slightly higher to reflect a fair value move from €29.55 to €30.46, while recent Street research shows revised price targets in the €19 to €35 range as analysts reassess growth expectations, profit margin assumptions, and future P/E levels. Analyst Commentary Recent Street research around Delivery Hero points to a mixed but still engaged analyst view, with several firms adjusting their price targets while maintaining coverage and formal ratings on the shares.Narrative Update • Jan 05
DHER: Execution On Leaner Margin Path Will Drive Future Share Repricing
Analysts have lowered their price expectations for Delivery Hero, with several recent target cuts to a range of about €19 to €35 contributing to the updated view on the shares. Analyst Commentary Recent research updates show that while targets have been cut, some large banks and other bullish analysts still see upside potential in Delivery Hero, with price objectives clustering in the high teens to mid €30s.Narrative Update • Dec 14
DHER: Margin Expansion And Profitability Path Will Drive Future Upside Potential
Analysts have lowered our fair value estimate for Delivery Hero from EUR 49.91 to EUR 43.00, reflecting reduced price targets across the Street even as they acknowledge improving revenue growth, margin prospects, and a more conservative future earnings multiple. Analyst Commentary Recent Street commentary highlights a nuanced but generally constructive view on Delivery Hero, with bullish analysts emphasizing improving execution, a clearer path to profitability, and resilient demand trends despite a reset in price targets.Narrative Update • Nov 28
DHER: Operational Execution Will Drive Margin Improvement Despite Recent Price Revisions
Delivery Hero's analyst price target has been revised lower, dropping from €32.37 to €29.55. Analysts cite slowing revenue growth and margin pressures as key drivers of the downward adjustment.Narrative Update • Nov 14
DHER: Future Margins Will Improve Amid Recent Guidance Update And Network Expansion
Delivery Hero's fair value estimate has been modestly revised downward to €32.37 from €32.53, as analysts weigh improved revenue growth and profit margin forecasts against a higher discount rate and recent shifts in price targets. Analyst Commentary Recent street research on Delivery Hero reflects a mixed outlook, as analysts weigh promising growth drivers against execution and valuation concerns.Analysis Article • Nov 08
The Price Is Right For Delivery Hero SE (ETR:DHER) Even After Diving 27%
Delivery Hero SE ( ETR:DHER ) shareholders that were waiting for something to happen have been dealt a blow with a 27...Narrative Update • Oct 31
DHER: Market Expansions And Execution Will Drive Upside As Competition Intensifies
Delivery Hero’s analyst price target has shifted slightly, moving from €32.64 to €32.53. Analysts are weighing recent research that suggests both modest downward adjustments and upward revisions based on updated growth and margin projections.Narrative Update • Oct 16
Urbanization And Digital Payments Will Reshape Global Delivery Services
Delivery Hero’s analyst price target has decreased from €34.07 to €32.64. This change reflects updated analyst views that balance stronger revenue growth with ongoing margin and profitability challenges.Analysis Article • Oct 02
Delivery Hero (ETR:DHER) Takes On Some Risk With Its Use Of Debt
Legendary fund manager Li Lu (who Charlie Munger backed) once said, 'The biggest investment risk is not the volatility...Narrative Update • Aug 30
Operational Efficiencies And Cost Control Signal Path To Sustainable Profitability
Delivery Hero’s consensus price target has been revised down from €36.44 to €34.10, driven by increased competitive pressures, slower-than-expected margin improvements, and a more challenging macroeconomic outlook. Analyst Commentary Cautious outlook on top-line growth prospects due to intensified competition in key markets.Analysis Article • Aug 19
Investors Still Waiting For A Pull Back In Delivery Hero SE (ETR:DHER)
XTRA:DHER 1 Year Share Price vs Fair Value Explore Delivery Hero's Fair Values from the Community and select yours...
New Narrative • Feb 09
Operational Efficiencies And Cost Control Signal Path To Sustainable Profitability
Market expansion, customer experience, and subscription in Korea could boost revenue and profitability through increased order volumes and customer retention.Shareholder Returns
| DHER | DE Hospitality | DE Market | |
|---|---|---|---|
| 7D | 23.0% | 14.0% | 2.0% |
| 1Y | 25.0% | 14.3% | -0.1% |
Return vs Industry: DHER exceeded the German Hospitality industry which returned 10.5% over the past year.
Return vs Market: DHER exceeded the German Market which returned -1.3% over the past year.
Price Volatility
| DHER volatility | |
|---|---|
| DHER Average Weekly Movement | 10.4% |
| Hospitality Industry Average Movement | 6.8% |
| Market Average Movement | 6.2% |
| 10% most volatile stocks in DE Market | 13.3% |
| 10% least volatile stocks in DE Market | 2.7% |
Stable Share Price: DHER's share price has been volatile over the past 3 months compared to the German market.
Volatility Over Time: DHER's weekly volatility (10%) has been stable over the past year, but is still higher than 75% of German stocks.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 2011 | 54,721 | Lars Oestberg | www.deliveryhero.com |
Delivery Hero SE provides online food ordering, quick commerce, and delivery services. The company also offers advertising services. It operates in approximately 70 countries across Asia, the Middle East, Africa, Europe, and Latin America.
Delivery Hero SE Fundamentals Summary
| DHER fundamental statistics | |
|---|---|
| Market cap | €9.63b |
| Earnings (TTM) | -€782.90m |
| Revenue (TTM) | €14.06b |
0.7x
P/S Ratio-12.3x
P/E RatioIs DHER overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| DHER income statement (TTM) | |
|---|---|
| Revenue | €14.06b |
| Cost of Revenue | €10.63b |
| Gross Profit | €3.43b |
| Other Expenses | €4.22b |
| Earnings | -€782.90m |
Last Reported Earnings
Dec 31, 2025
Next Earnings Date
Aug 27, 2026
| Earnings per share (EPS) | -2.63 |
| Gross Margin | 24.42% |
| Net Profit Margin | -5.57% |
| Debt/Equity Ratio | 233.5% |
How did DHER perform over the long term?
See historical performance and comparisonCompany Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2026/05/20 05:26 |
| End of Day Share Price | 2026/05/20 00:00 |
| Earnings | 2025/12/31 |
| Annual Earnings | 2025/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* Example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.
Analyst Sources
Delivery Hero SE is covered by 35 analysts. 17 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Rocco Strauss | Arete Research Services LLP |
| null null | Banco Santander |
| Adrian Sanchez | Banco Santander |