Farfetch (FTCH) Stock Price, News & Analysis

11 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Farfetch in the last year. There are currently 1 sell rating, 7 hold ratings and 3 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "hold" FTCH shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in FTCH, but not buy additional shares or sell existing shares.
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11 analysts have issued 12 month price objectives for Farfetch's shares. Their FTCH share price targets range from $1.50 to $13.00. On average, they anticipate the company's share price to reach $5.57 in the next twelve months.
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Farfetch Ltd (NYSE:FTCH) posted its quarterly earnings results on Thursday, November, 18th. The company reported ($0.84) EPS for the quarter, missing the consensus estimate of ($0.36) by $0.48. The firm had revenue of $582.57 million for the quarter, compared to analyst estimates of $591.34 million. Farfetch had a negative net margin of 37.83% and a negative trailing twelve-month return on equity of 75.72%. The firm's revenue for the quarter was up 33.1% compared to the same quarter last year. During the same period in the previous year, the business earned ($0.50) earnings per share.

ETFs with the largest weight of Farfetch (NYSE:FTCH) stock in their portfolio include Tema Luxury ETF (LUX), BNY Mellon Innovators ETF (BKIV), Fidelity Disruptive Technology ETF (FDTX), ProShares Long Online/Short Stores ETF (CLIX) and Harbor Corporate Culture Small Cap ETF (HAPS).Goldman Sachs Future Consumer Equity ETF (GBUY).

342 employees have rated Farfetch Chief Executive Officer José Neves on Glassdoor.com. José Neves has an approval rating of 96% among the company's employees. This puts José Neves in the top 30% of approval ratings compared to other CEOs of publicly-traded companies.

Based on aggregate information from My MarketBeat watchlists, some companies that other Farfetch investors own include NVIDIA (NVDA), Advanced Micro Devices (AMD), PayPal (PYPL), Block (SQ), Walt Disney (DIS), Netflix (NFLX), Tesla (TSLA), Alibaba Group (BABA), Intel (INTC) and JD.com (JD).

Farfetch (FTCH) raised $600 million in an IPO on Friday, September 21st 2018. The company issued 37,500,000 shares at a price of $15.00-$17.00 per share. Goldman Sachs, J.P. Morgan, Allen & Company and UBS Investment Bank acted as the underwriters for the IPO and Credit Suisse, Deutsche Bank Securities, Wells Fargo Securities Cowen and BNP PARIBAS were co-managers.