NYSE:FTCHFarfetch Stock Price, Forecast & News

Farfetch's stock was trading at $9.70 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization. Since then, FTCH stock has increased by 96.4% and is now trading at $19.05. View which stocks have been most impacted by Coronavirus.

13 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Farfetch in the last year. There are currently 2 sell ratings, 1 hold rating and 10 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View analyst ratings for Farfetch.

Farfetch is scheduled to release its next quarterly earnings announcement on Thursday, August 13th 2020. View our earnings forecast for Farfetch.

Farfetch Ltd (NYSE:FTCH) announced its earnings results on Thursday, May, 14th. The company reported ($0.24) EPS for the quarter, beating the Zacks' consensus estimate of ($0.35) by $0.11. The business had revenue of $331.44 million for the quarter, compared to analysts' expectations of $317.81 million. Farfetch had a negative return on equity of 30.00% and a negative net margin of 32.15%. View Farfetch's earnings history.

13 analysts have issued 12-month price objectives for Farfetch's stock. Their forecasts range from $10.00 to $23.00. On average, they expect Farfetch's stock price to reach $18.54 in the next twelve months. This suggests that the stock has a possible downside of 2.7%. View analysts' price targets for Farfetch.

Press coverage about FTCH stock has trended very negative recently, InfoTrie reports. The research firm scores the sentiment of news coverage by analyzing more than six thousand blog and news sources. The firm ranks coverage of companies on a scale of -5 to 5, with scores closest to five being the most favorable. Farfetch earned a news sentiment score of -3.3 on InfoTrie's scale. They also assigned news stories about the company a news buzz of 0.0 out of 10, meaning that recent news coverage is extremely unlikely to have an impact on the stock's share price in the near future. View the latest news about Farfetch.

Some companies that are related to Farfetch include FleetCor Technologies (FLT), Akamai Technologies (AKAM), Broadridge Financial Solutions (BR), Ctrip.Com International (CTRP), Trip.com Group (TCOM), Etsy (ETSY), Zillow Group (ZG), Zillow Group (Z), Fair Isaac (FICO), LYFT (LYFT), The Western Union (WU), WEX (WEX), GrubHub (GRUB), Nielsen (NLSN) and CDK Global (CDK). View all competitors.

Based on aggregate information from My MarketBeat watchlists, some companies that other Farfetch investors own include NVIDIA (NVDA), Alibaba Group (BABA), Roku (ROKU), Walt Disney (DIS), Cisco Systems (CSCO), NIO (NIO), Baidu (BIDU), Bristol-Myers Squibb (BMY), Coty (COTY) and Netflix (NFLX).

(FTCH) raised $600 million in an initial public offering (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.

Farfetch trades on the New York Stock Exchange (NYSE) under the ticker symbol "FTCH."

Shares of FTCH can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.

One share of FTCH stock can currently be purchased for approximately $19.05.

Farfetch has a market capitalization of $6.47 billion and generates $1.02 billion in revenue each year. The company earns $-385,300,000.00 in net income (profit) each year or ($1.21) on an earnings per share basis. Farfetch employs 4,532 workers across the globe.

The official website for Farfetch is www.farfetchinvestors.com.

Farfetch's mailing address is 211 OLD STREET THE BOWER 4TH FLOOR, LONDON X0, EC1V 9NR. The company can be reached via phone at 44-20-7549-5400 or via email at [email protected]