Uber Technologies (UBER) Explores Delivery Hero Takeover

Uber Technologies, Inc. (NYSE:UBER) is one of the 12 Strong Buy Stocks to Buy and Hold for the Next 5 Years.

On May 22, 2026, Uber Technologies, Inc. (NYSE:UBER) was reportedly exploring options for a potential full takeover of Delivery Hero SE, Bloomberg’s Eyk Henning, Loni Prinsloo, Ruth David, and Dinesh Nair reported. The report said Uber had increased its stake to roughly 19.5%, with additional exposure through options, as the company evaluates ways to strengthen its international delivery position and compete more directly with DoorDash (DASH). Uber was also said to be engaging with other Delivery Hero investors and continuing to use advisers to assess further ownership increases.

A few days earlier, Delivery Hero SE said Uber had acquired additional shares and instruments in the company, giving Uber ownership of 19.5% of Delivery Hero’s issued capital and a further 5.6% in options. Delivery Hero said it welcomed Uber’s additional investment as a further endorsement of its platform and Everyday App strategy, while remaining focused on operational performance and its strategic review.

Uber Technologies (UBER) Explores Delivery Hero Takeover

Earlier in May, Fox Advisors analyst Steven Fox upgraded Uber Technologies, Inc. (NYSE:UBER) to Outperform from Equal-Weight with a $95 price target. Fox said Uber’s heavier investment pace over the past year is “poised to more consistently contribute to profit growth.” Fox also said Uber may have “topped off” its rideshare platform through hotel bookings, the acquisition of parking marketplace Spot Hero, and other actions tied to a hybrid autonomous rideshare future.

Uber Technologies, Inc. (NYSE:UBER) develops and operates proprietary technology applications across the United States, Canada, Latin America, Europe, the Middle East, Africa, and the Asia Pacific.

While we acknowledge the risk and potential of UBER as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and doing so within a shorter time frame. If you are looking for an AI stock that is more promising than UBER and that has 10,000% upside potential, check out our report about the cheapest AI stock.

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