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Is UBER Stock a Buy as It Closes in on Delivery Hero Buyout?

Zacks Investment Research | Sep 7, 2026 11:02 AM EDT

Uber moves closer to acquiring Delivery Hero for $14.8 billion after the latter's board recommended shareholder acceptance. The deal would expand markets offering both mobility and delivery services from 34 to 58. While Uber demonstrates strong gross bookings growth (22% YoY in Q2 2026) and strategic autonomous vehicle partnerships, elevated debt levels and expected 2026 EPS decline present near-term challenges. Analysts recommend holding current positions while potential investors await better entry points.

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