Prosus reports JET growth. Prosus stock gains 2.95 percent
Published on 10/09/2026 at 11:23 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWSKey points in brief
- Prosus reported 0.10 percent year-over-year growth in Just Eat Takeaway orders for September after 55 months of declines.
- The stock was trading at EUR 35.91 at Lang & Schwarz on October 9, 2026, up 2.95 percent from EUR 34.88.
- S&P Global Ratings revised Prosus's outlook to positive while affirming its BBB/A-2 ratings.
- A September analyst note cut Jefferies' price target from EUR 66.50 to EUR 55.90 while retaining Buy.
Prosus (ISIN NL0013654783) reported that Just Eat Takeaway orders grew 0.10 percent year over year in September after 55 months of declines, according to Prosus on October 8, 2026. Prosus stock was trading at EUR 35.91 at Lang & Schwarz on October 9, 2026 at 11:16 a.m. CEST, up 2.95 percent versus the prior close of EUR 34.88.
Food delivery returns to growth
The September result marks a sharp change from the 9 percent year-over-year decline recorded when Prosus took control of Just Eat Takeaway in December 2025. The company said technology, logistics, product changes, customer retention and marketing supported the turnaround, while also cautioning that the recovery remains an early step.
The update is operationally important because it gives Prosus a measurable test of its integration strategy. A 0.10 percent increase is modest, but it reverses the direction of a 55-month decline and creates a new comparison point for the next reporting period.
What does the portfolio shift mean?
Prosus's wider ecosystem also supplied quantified evidence of improving earnings power. S&P Global Ratings said on October 7, 2026 that ecosystem revenue rose 12 percent in fiscal year 2026 at constant foreign exchange rates excluding acquisitions, while EBITDA increased to USD 839 million from USD 484 million in fiscal year 2025.
The same rating update also identified the counterweight: Prosus expects iFood EBITDA to fall to USD 100 million-USD 150 million in fiscal year 2027 from USD 400 million in fiscal year 2026 as investment and competition increase. That range makes execution in food delivery more important than the single month of positive JET orders.
Three dated signals for investors
On September 10, 2026, Finanznachrichten reported that Jefferies cut its Prosus target from EUR 66.50 to EUR 55.90 while retaining Buy. On October 6, 2026, Prosus said it repurchased 2,239,784 shares at an average EUR 35.65 for EUR 79.8 million. The latest October 8 food delivery update adds the third signal, with JET orders at plus 0.10 percent in September.
Stock remains near yearly low
Prosus stock was trading at EUR 35.91 at Lang & Schwarz on October 9, 2026 at 11:16 a.m. CEST, compared with EUR 34.88 at the prior close on October 8, 2026. A quoted 52-week range of EUR 34.49-EUR 63.94 as of October 8, 2026 places the intraday price EUR 1.42 above the low and EUR 28.03 below the high, using the same euro basis.
The further course of trading is shown by the continuously updated real-time quote of Prosus stock.
Prosus stock facts
- Company: Prosus N.V.
- ISIN: NL0013654783
- Ticker: PRX
- Primary exchange: Euronext Amsterdam
- Price Lang & Schwarz (as of October 9, 2026, 11:16 a.m. CEST): EUR 35.91
- Change versus prior close: plus 2.95 percent
- Prior close Lang & Schwarz (October 8, 2026): EUR 34.88
- 52-week range: EUR 34.49-EUR 63.94 as of October 8, 2026
- Sector / Industry: Communication Services / Internet Content and Information
- Index membership: AEX
Market context: Market report AEX.
