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S&P 500   4,145.19
DOW   32,803.47
QQQ   321.75
What to Expect from the Markets in a Recession
China July exports rise, with trade surplus at record-high
What's in Democrats' big bill? Climate, health care, savings
Shift in war's front seen as ships cleared to leave Ukraine
Electric Vehicles Can Drive Alcoa Stock Higher
Demand for grocery delivery cools as food costs rise
Bangladesh seeks China help to repatriate Rohingya refugees
S&P 500   4,145.19
DOW   32,803.47
QQQ   321.75
What to Expect from the Markets in a Recession
China July exports rise, with trade surplus at record-high
What's in Democrats' big bill? Climate, health care, savings
Shift in war's front seen as ships cleared to leave Ukraine
Electric Vehicles Can Drive Alcoa Stock Higher
Demand for grocery delivery cools as food costs rise
Bangladesh seeks China help to repatriate Rohingya refugees
S&P 500   4,145.19
DOW   32,803.47
QQQ   321.75
What to Expect from the Markets in a Recession
China July exports rise, with trade surplus at record-high
What's in Democrats' big bill? Climate, health care, savings
Shift in war's front seen as ships cleared to leave Ukraine
Electric Vehicles Can Drive Alcoa Stock Higher
Demand for grocery delivery cools as food costs rise
Bangladesh seeks China help to repatriate Rohingya refugees
NYSE:FTCH

Farfetch - FTCH Stock Forecast, Price & News

$8.94
-0.09 (-1.00%)
(As of 08/5/2022 08:48 PM ET)
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Compare
Today's Range
$8.44
$9.09
50-Day Range
$6.54
$9.91
52-Week Range
$6.52
$48.41
Volume
6.32 million shs
Average Volume
10.42 million shs
Market Capitalization
$3.40 billion
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
$21.00

Farfetch MarketRank™ Forecast

Analyst Rating
Moderate Buy
2.69 Rating Score
Upside/​Downside
134.9% Upside
$21.00 Price Target
Short Interest
Healthy
8.15% of Float Sold Short
Dividend Strength
N/A
Sustainability
N/A
News Sentiment
0.03mentions of Farfetch in the last 14 days
Based on 11 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
Growing
From ($1.16) to ($1.13) Per Share

Overall MarketRank

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

2.53 out of 5 stars

Retail/Wholesale Sector

75th out of 261 stocks

Business Services, Not Elsewhere Classified Industry

31st out of 136 stocks

FTCH stock logo

About Farfetch (NYSE:FTCH) Stock

Farfetch Ltd. engages in the retail of fashion and luxury goods. It offers womenswear, menswear, kidswear, vintage, fine watches, and fine jewelry. The company was founded by José Manuel Ferreira Neves in 2007 and launched in 2008 and is headquartered in London, the United Kingdom.

Wall Street Analysts Forecast Growth

A number of brokerages recently weighed in on FTCH. JPMorgan Chase & Co. dropped their price objective on Farfetch from $20.00 to $16.00 and set an "overweight" rating on the stock in a research report on Wednesday, June 29th. Piper Sandler assumed coverage on Farfetch in a research report on Friday, July 22nd. They issued a "neutral" rating and a $9.00 price objective on the stock. Cowen cut shares of Farfetch from an "outperform" rating to a "market perform" rating and lowered their price objective for the stock from $11.00 to $9.00 in a research report on Tuesday, August 2nd. Wedbush decreased their price objective on shares of Farfetch from $16.00 to $8.00 and set a "neutral" rating on the stock in a research note on Friday, May 27th. Finally, Societe Generale decreased their price objective on shares of Farfetch from $18.00 to $12.00 and set a "buy" rating for the company in a research report on Tuesday, July 12th. Six investment analysts have rated the stock with a hold rating and eleven have given a buy rating to the company. Based on data from MarketBeat, Farfetch presently has an average rating of "Moderate Buy" and a consensus target price of $22.47.

Farfetch Stock Down 1.0 %

Shares of NYSE:FTCH traded down $0.09 during trading hours on Friday, hitting $8.94. The company's stock had a trading volume of 6,320,916 shares, compared to its average volume of 9,752,493. The firm's fifty day moving average price is $8.13 and its 200 day moving average price is $12.19. The company has a debt-to-equity ratio of 0.51, a current ratio of 2.05 and a quick ratio of 1.71. Farfetch has a 52 week low of $6.52 and a 52 week high of $48.41. The company has a market capitalization of $3.40 billion, a price-to-earnings ratio of -7.71 and a beta of 2.99.

Farfetch (NYSE:FTCH - Get Rating) last posted its earnings results on Thursday, May 26th. The company reported ($0.37) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.35) by ($0.02). The firm had revenue of $514.80 million during the quarter, compared to analyst estimates of $560.27 million. Farfetch had a net margin of 73.70% and a return on equity of 1,826.57%. The business's revenue for the quarter was up 6.1% on a year-over-year basis. During the same quarter in the prior year, the firm earned ($0.28) earnings per share. As a group, research analysts expect that Farfetch will post -1.16 EPS for the current year.

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FTCH Stock News Headlines

Cowen Downgrades Farfetch (NYSE:FTCH) to Market Perform
Farfetch (NYSE:FTCH) Rating Lowered to Market Perform at Cowen
Piper Sandler Begins Coverage on Farfetch (NYSE:FTCH)
Farfetch (NYSE:FTCH) Now Covered by KeyCorp
See More Headlines
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FTCH Company Calendar

Last Earnings
5/26/2022
Today
8/08/2022
Next Earnings (Confirmed)
8/25/2022
Fiscal Year End
12/31/2022

Industry, Sector and Symbol

Industry
Business services, not elsewhere classified
Sub-Industry
N/A
Fax
N/A
Employees
6,464
Year Founded
2007

Price Target and Rating

Average Stock Price Forecast
$21.00
High Stock Price Forecast
$68.00
Low Stock Price Forecast
$8.00
Forecasted Upside/Downside
+134.9%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.69
Research Coverage
16 Analysts

Profitability

Net Income
$1.47 billion
Pretax Margin
73.86%

Debt

Sales & Book Value

Annual Sales
$2.26 billion
Cash Flow
$4.52 per share
Book Value
$0.71 per share

Miscellaneous

Free Float
N/A
Market Cap
$3.40 billion
Optionable
Optionable
Beta
3.00

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FTCH Stock - Frequently Asked Questions

Should I buy or sell Farfetch stock right now?

16 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Farfetch in the last year. There are currently 5 hold ratings and 11 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "buy" Farfetch stock.
View analyst ratings for Farfetch
or view top-rated stocks.

What is Farfetch's stock price forecast for 2022?

16 Wall Street analysts have issued twelve-month price objectives for Farfetch's stock. Their FTCH stock forecasts range from $8.00 to $68.00. On average, they predict Farfetch's share price to reach $21.00 in the next twelve months. This suggests a possible upside of 134.9% from the stock's current price.
View analysts' price targets for Farfetch
or view top-rated stocks among Wall Street analysts.

How has Farfetch's stock performed in 2022?

Farfetch's stock was trading at $33.43 on January 1st, 2022. Since then, FTCH stock has decreased by 73.3% and is now trading at $8.94.
View the best growth stocks for 2022 here
.

When is Farfetch's next earnings date?

Farfetch is scheduled to release its next quarterly earnings announcement on Thursday, August 25th 2022.
View our earnings forecast for Farfetch
.

How can I listen to Farfetch's earnings call?

Farfetch will be holding an earnings conference call on Thursday, August 25th at 4:30 PM Eastern. Interested parties can register for or listen to the call using this link.

How were Farfetch's earnings last quarter?

Farfetch Ltd (NYSE:FTCH) announced its quarterly earnings data on Thursday, May, 26th. The company reported ($0.37) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.35) by $0.02. The business earned $514.80 million during the quarter, compared to analyst estimates of $560.27 million. Farfetch had a net margin of 73.70% and a trailing twelve-month return on equity of 1,826.57%. Farfetch's quarterly revenue was up 6.1% on a year-over-year basis. During the same period in the previous year, the business posted ($0.28) EPS.

What is José Neves' approval rating as Farfetch's CEO?

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

What other stocks do shareholders of Farfetch own?

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).

When did Farfetch IPO?

(FTCH) raised $600 million in an initial public offering (IPO) on Friday, September 21st 2018. The company issued 37,500,000 shares at $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.

What is Farfetch's stock symbol?

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

Who are Farfetch's major shareholders?

Farfetch's stock is owned by many different institutional and retail investors. Top institutional shareholders include Stephens Investment Management Group LLC (0.51%), Glynn Capital Management LLC (0.48%), SCP Investment LP (0.39%), Sumitomo Mitsui Trust Holdings Inc. (0.33%), Nikko Asset Management Americas Inc. (0.31%) and Border to Coast Pensions Partnership Ltd (0.30%).

How do I buy shares of Farfetch?

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

What is Farfetch's stock price today?

One share of FTCH stock can currently be purchased for approximately $8.94.

How much money does Farfetch make?

Farfetch (NYSE:FTCH) has a market capitalization of $3.40 billion and generates $2.26 billion in revenue each year. The company earns $1.47 billion in net income (profit) each year or ($1.16) on an earnings per share basis.

How many employees does Farfetch have?

Farfetch employs 6,464 workers across the globe.

Does Farfetch have any subsidiaries?

The following companies are subsidiares of Farfetch: APA S.r.l., Alanui S.r.l., Beijing Qizhi Ruisi Information Consulting Co., Browns, Browns (South Molton Street) Limited, County S.r.l, CuriosityChina, F&C Fashion Concierge LDA, FFBR importacao e exportacao LTDA, Farfetch (Shanghai) E-Commerce Co. Ltd, Farfetch Australia Pty Ltd, Farfetch Black & White Limited, Farfetch China (HK Holdings) Limited, Farfetch Finance Limited, Farfetch HK Holdings Limited, Farfetch HK Production Limited, Farfetch India Private Limited, Farfetch International Limited, Farfetch Italia S.R.L., Farfetch Japan Co. Ltd, Farfetch Middle East FZE, Farfetch México S.A. de C.V., Farfetch Portugal-Unipessoal LDA, Farfetch RU LLC, Farfetch Store of the Future Limited, Farfetch UK FINCO Limited, Farfetch UK Limited, Farfetch US Holdings INC, Farfetch-Portugal Unipessoal LDA, Farfetch.com Brasil Servicos LTDA, Farfetch.com Limited, Farfetch.com Ltd, Farfetch.com US LLC, Farftech US Holdings INC, Fashion Concierge HK Limited, Fashion Concierge Powered By Farfetch LLC, Fashion Concierge UK Limited, Heron Preston S.r.l., Heron Preston Trademark S.r.l., Hulk Finco plc, KPG S.R.L., Kicks Lite LLC, LASO.CO.LTD, New Guards Group, New Guards Group Holding S.p.A, Off White Operating Holding Corp., Off White Operating London Limited, Off White Operating Los Angeles LLC, Off White Operating Miami LLC, Off White Operating Soho LLC, Off White Operating Vegas LLC, Off-White Operating Milano S.r.l., Off-White Operating Paris S.à r.l., Off-White Operating S.r.l., SGNY1 LLC, Stadium Enterprises LLC, Stadium Goods, Style.com, Unravel Project S.r.l., Venice S.r.l., and Yankee Merger Sub LLC.
Read More

When was Farfetch founded?

Farfetch was founded in 2007.

How can I contact Farfetch?

Farfetch's mailing address is 211 OLD STREET THE BOWER 4TH FLOOR, LONDON X0, EC1V 9NR. The official website for Farfetch is www.farfetchinvestors.com. The company can be reached via phone at 44-20-7549-5400 or via email at ir@farfetch.com.

This page (NYSE:FTCH) was last updated on 8/8/2022 by MarketBeat.com Staff

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