Streetbeat News

DROOF

Deliveroo Plc

http://www.deliveroo.co.uk

Industry

Electronic Shopping

Open

1.86

Mkt cap

1.9B

Volume

300

High

1.86

P/E Ratio

33.25

52-wk high

2.24

Low

1.33

Div yield

N/A

52-wk low

1.33

Deutsche Bank has reiterated its 'Buy' rating for Deliveroo, setting a new price target of 175p, suggesting a 50% upside from current levels despite recent share price declines.

Portfolio Pulse from

March 14, 2025 | 1:00 pm

Deliveroo plc (DROOF) held its Q4 2024 earnings call, discussing financial results and company performance. Key participants included CEO Will Shu and CFO Scilla Grimble, with analysts from major financial institutions attending.

Portfolio Pulse from

March 13, 2025 | 2:30 pm

Deliveroo PLC reported its first full-year profit of £2.8 million for 2024, a significant improvement from a £31.8 million loss the previous year. However, the market reacted negatively, sending shares lower due to uninspiring guidance.

Portfolio Pulse from

March 13, 2025 | 8:45 am

Deliveroo is exiting the Hong Kong market after nine years due to continued losses, despite the region contributing 5% to its gross transaction value.

Portfolio Pulse from

March 10, 2025 | 8:00 am

Deliveroo CEO Will Shu is reportedly planning to step down later this year, with Carlo Mocci as a potential internal candidate for replacement. The news had little impact on Deliveroo's share price.

Portfolio Pulse from

February 12, 2025 | 10:15 am

Deliveroo's UKI division experienced 9% GTV growth in Q4, with overall group GTV up 6% despite FX challenges. Revenue increased by 4%, and net profitability is expected for FY24. The company forecasts adjusted EBITDA of £132.7 million, surpassing guidance.

Portfolio Pulse from

January 25, 2025 | 7:15 am

Deliveroo's shares rose by 5% following a positive performance update, with a 5% increase in UK and Ireland orders in Q4 2024, despite challenging consumer confidence.

Portfolio Pulse from

January 16, 2025 | 9:00 am

Shein's potential IPO on the London Stock Exchange is being compared to Deliveroo's disastrous 2021 flotation, which was one of the worst in London's history.

Portfolio Pulse from

November 18, 2024 | 2:15 pm

DoorDash (NYSE:DASH) explored acquiring Deliveroo (OTC:DROOF), but talks stalled over valuation disagreements. The food delivery industry faces challenges, with major players accumulating significant losses. DoorDash's shares have risen 16.19% year-to-date.

Portfolio Pulse from Benzinga Neuro

June 26, 2024 | 9:25 am

Top food delivery companies like DoorDash, Deliveroo, Just Eat Takeaway, and Delivery Hero have reported over $20 billion in operating losses since going public. These companies are facing a challenging economic environment, leading to a decline in their stock prices. They are now exploring new revenue streams and experiencing industry consolidation.

Portfolio Pulse from Benzinga Neuro

May 29, 2024 | 12:59 pm

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