Delivery Hero's stock rockets 34% in a week—can the rally last?
Delivery Hero’s stock has surged dramatically in recent weeks, making it one of the MDAX’s strongest momentum plays. The rally follows a major investment by Aspex Management, which boosted its stake at a premium and triggered a buying rush among traders. The company’s shares jumped 18.1% on Monday and climbed a total of 34.6% by Friday, nearing a 50% gain for the month. This sharp rise has pushed the stock to levels last seen in September 2025, with key resistance zones now between €30.17 and €32.47.
The momentum-driven surge comes as Delivery Hero reports solid operational growth. Its gross merchandise value (GMV) reached €12.5 billion in the first quarter of 2026, marking an 8.8% year-on-year increase. Despite this, analysts remain cautious, with an average price target of €27.50—though Barclays has set a bullish goal of €35.50. Currently trading around €28, the stock has more than doubled from its March low near €15. However, the sharp rally also raises concerns. Delivery Hero is known for its high volatility, and traders warn of a potential pullback after such a rapid ascent. The stock’s recent performance has attracted short-term speculators, adding to its unpredictable swings.
Delivery Hero’s dramatic rebound reflects both strong operational results and speculative interest. While the stock now trades well above most analyst targets, its volatility remains a risk. Investors are watching closely to see whether the upward momentum can hold or if a correction lies ahead.
