Farfetch Stock Forecast, Price & News

Farfetch's stock was trading at $9.70 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization (WHO). Since then, FTCH shares have increased by 523.7% and is now trading at $60.50.
View which stocks have been most impacted by COVID-19.

13 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Farfetch in the last twelve months. There are currently 2 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 MarketBeat's top 5 stock picks.

Wall Street analysts have given Farfetch a "Buy" rating, but there may be better short-term opportunities in the market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new trading ideas, but Farfetch wasn't one of them. MarketBeat thinks these five stocks may be even better buys.
View MarketBeat's top stock picks here.

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.

Farfetch is scheduled to release its next quarterly earnings announcement on Thursday, February 25th 2021.
View our earnings forecast for Farfetch.

Farfetch Ltd (NYSE:FTCH) released its quarterly earnings results on Thursday, November, 12th. The company reported ($0.17) earnings per share (EPS) for the quarter, topping the Zacks' consensus estimate of ($0.42) by $0.25. The business earned $438 million during the quarter, compared to analyst estimates of $370.39 million. Farfetch had a negative net margin of 77.29% and a negative trailing twelve-month return on equity of 81.22%. The business's revenue was up 71.1% on a year-over-year basis. During the same period last year, the company posted ($0.18) earnings per share.
View Farfetch's earnings history.

13 analysts have issued twelve-month target prices for Farfetch's shares. Their forecasts range from $20.00 to $75.00. On average, they expect Farfetch's stock price to reach $51.54 in the next year. This suggests that the stock has a possible downside of 14.8%.
View analysts' price targets for Farfetch or view Wall Street analyst' top-rated stocks.

Some companies that are related to Farfetch include NetEase (NTES), Fidelity National Information Services (FIS), Global Payments (GPN), eBay (EBAY), CoStar Group (CSGP), Zillow Group (ZG), Zillow Group (Z), MSCI (MSCI), Etsy (ETSY), FLEETCOR Technologies (FLT), Trip.com Group (TCOM), Akamai Technologies (AKAM), Broadridge Financial Solutions (BR), Lyft (LYFT) and Fair Isaac (FICO).
View all of FTCH's competitors.

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

(FTCH) raised $600 million in an 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 served 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."

Farfetch's stock is owned by many different retail and institutional investors. Top institutional investors include Kranot Hishtalmut Le Morim Tichoniim Havera Menahelet LTD (0.03%), Pendal Group Limited (0.00%), DNB Asset Management AS (0.00%), Ayalon Holdings Ltd. (0.00%), IFP Advisors Inc (0.00%) and Sowell Financial Services LLC (0.00%).

FTCH stock was sold by a variety of institutional investors in the last quarter, including Ayalon Holdings Ltd..

FTCH stock was purchased by a variety of institutional investors in the last quarter, including Kranot Hishtalmut Le Morim Tichoniim Havera Menahelet LTD, DNB Asset Management AS, IFP Advisors Inc, Pendal Group Limited, Sowell Financial Services LLC, and Sterling Investment Advisors Ltd..

Shares of FTCH 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.

One share of FTCH stock can currently be purchased for approximately $60.50.

Farfetch has a market capitalization of $20.55 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]