NYSE:FTCHFarfetch Stock Price, Forecast & News

Farfetch's stock was trading at $9.70 on March 11th, 2020 when COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization. Since then, FTCH stock has increased by 49.6% and is now trading at $14.51. 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, 2 hold ratings and 9 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) issued its quarterly earnings data on Thursday, May, 14th. The company reported ($0.24) earnings per share for the quarter, topping the Zacks' consensus estimate of ($0.35) by $0.11. The company earned $331.44 million during the quarter, compared to the consensus estimate of $317.81 million. Farfetch had a negative net margin of 32.15% and a negative return on equity of 30.00%. View Farfetch's earnings history.

13 brokerages have issued twelve-month target prices for Farfetch's stock. Their forecasts range from $5.00 to $26.00. On average, they anticipate Farfetch's share price to reach $17.40 in the next twelve months. This suggests a possible upside of 19.9% from the stock's current price. View analysts' price targets for Farfetch.

Press coverage about FTCH stock has trended very negative on Thursday, according to InfoTrie Sentiment. The research firm identifies negative and positive media coverage by monitoring more than six thousand blog and news sources in real-time. 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 -3.1 on InfoTrie's scale. They also gave media stories about the company a news buzz of 0.0 out of 10, meaning that recent media coverage is extremely unlikely to have an effect on the stock's share price in the next several days. View the latest news aboutFarfetch.

Some companies that are related to Farfetch include Akamai Technologies (AKAM), Ctrip.Com International (CTRP), Trip.com Group (TCOM), Broadridge Financial Solutions (BR), Zillow Group (ZG), Zillow Group (Z), Fair Isaac (FICO), LYFT (LYFT), Etsy (ETSY), The Western Union (WU), WEX (WEX), GrubHub (GRUB), Nielsen (NLSN), CDK Global (CDK) and Ritchie Bros. Auctioneers (RBA). 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 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 a number of retail and institutional investors. Top institutional investors include Morgan Stanley (12.05%), Invesco Ltd. (4.00%), Nuveen Asset Management LLC (1.29%), BlackRock Inc. (1.28%), KEYWISE CAPITAL MANAGEMENT HK Ltd (1.05%) and Global Thematic Partners LLC (1.02%).

FTCH stock was sold by a variety of institutional investors in the last quarter, including JPMorgan Chase & Co., Segantii Capital Management Ltd, Marcho Partners LLP, Global Thematic Partners LLC, Atom Investors LP, Clearbridge Investments LLC, Squarepoint Ops LLC, and UBS Group AG.

FTCH stock was purchased by a variety of institutional investors in the last quarter, including KEYWISE CAPITAL MANAGEMENT HK Ltd, Morgan Stanley, Invesco Ltd., Shell Asset Management Co., SCP Investment LP, BlackRock Inc., Railway Pension Investments Ltd, and Maverick Capital Ltd..

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 $14.51.

Farfetch has a market capitalization of $4.93 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]