Farfetch (FTCH) Stock Forecast, Price Target & Predictions
FTCH Stock Forecast
Farfetch stock forecast is as follows: an average price target of $32.73 (represents a 39814.63% upside from FTCH’s last price of $0.08) and a rating consensus of 'Buy', based on 9 wall street analysts offering a 1-year stock forecast.
FTCH Price Target
The average price target for Farfetch (FTCH) is $32.73 based on 1-year price targets from 9 Wall Street analysts in the past 3 months, with a price target range of $75.00 to $5.00. This represents a potential 39814.63% upside from FTCH's last price of $0.08.
FTCH Analyst Ratings
According to 9 Wall Street analysts, Farfetch's rating consensus is 'Buy'. The analyst rating breakdown for FTCH stock is 0 'Strong Buy' (0.00%), 5 'Buy' (55.56%), 3 'Hold' (33.33%), 1 'Sell' (11.11%), and 0 'Strong Sell' (0.00%).
Farfetch Price Target by Analyst
| Date | Analyst | Company | Price Target | Price when Published | Price Target/Price when Published | Price Target/Last Closing Price |
|---|---|---|---|---|---|---|
| May 19, 2023 | Tom Nikic | Wedbush | $5.00 | $5.25 | -4.67% | 5997.56% |
| Dec 05, 2022 | - | Cowen & Co. | $8.00 | $5.51 | 45.19% | 9656.10% |
| Dec 02, 2022 | Tom Nikic | Wedbush | $6.00 | $5.83 | 2.83% | 7217.07% |
| Dec 02, 2022 | Doug Anmuth | J.P. Morgan | $15.00 | $5.83 | 157.07% | 18192.68% |
| Dec 02, 2022 | Noah Zatzkin | KeyBanc | $13.00 | $5.83 | 122.79% | 15753.66% |
| Aug 26, 2022 | Lauren Schenk | Morgan Stanley | $32.00 | $11.44 | 179.72% | 38924.39% |
| Apr 14, 2022 | Marvin Fong | BTIG | $26.00 | $13.63 | 90.76% | 31607.32% |
| Mar 28, 2022 | Ike Boruchow | Wells Fargo | $35.00 | $14.73 | 137.61% | 42582.93% |
| Feb 26, 2022 | Stephen Ju | Credit Suisse | $47.00 | $20.92 | 124.67% | 57217.07% |
| Feb 25, 2022 | Lauren Schenk | Morgan Stanley | $56.00 | $20.92 | 167.69% | 68192.68% |
The latest Farfetch stock forecast, released on May 19, 2023 by Tom Nikic from Wedbush, set a price target of $5.00, which represents a -4.67% decrease from the stock price at the time of the forecast ($5.25), and a 5997.56% increase from FTCH last price ($0.08).
Farfetch Price Target by Period
| 1M | 3M | 12M | |
|---|---|---|---|
| # Anlaysts | - | - | 1 |
| Avg Price Target | - | - | $5.00 |
| Last Closing Price | $0.08 | $0.08 | $0.08 |
| Upside/Downside | -100.00% | -100.00% | 5997.56% |
In the current month, the average price target of Farfetch stock is -, according to 0 Wall Street analyst offering twelve months forecast. The average price target represents a -100.00% decrease as opposed to Farfetch's last price of $0.08. This month's average price target is down NaN% compared to last quarter, and down -100.00% compared to last year.
Analyst Ratings Upgrades/Downgrades
| Date | Company | Previous Rating | New Rating | Rating Change |
|---|---|---|---|---|
| Nov 30, 2023 | Citigroup | Sell | Neutral | Upgrade |
| Aug 29, 2023 | Morgan Stanley | Equal-Weight | Equal-Weight | Hold |
| Aug 18, 2023 | KeyBanc | Overweight | Sector Weight | Downgrade |
| May 19, 2023 | Credit Suisse | Outperform | Outperform | Hold |
| May 19, 2023 | Wedbush | Neutral | Neutral | Hold |
| Mar 24, 2023 | JMP Securities | - | Market Perform | Initialise |
| Dec 05, 2022 | Cowen & Co. | Outperform | Outperform | Hold |
| Nov 18, 2022 | KeyBanc | Overweight | Overweight | Hold |
| Nov 18, 2022 | Wells Fargo | Overweight | Overweight | Hold |
| Nov 16, 2022 | Credit Suisse | Outperform | Outperform | Hold |
Farfetch's last stock rating was published by Citigroup on Nov 30, 2023. The company Upgrade its FTCH rating from "Sell" to "Neutral".
Farfetch Financial Forecast
Farfetch Revenue Forecast
| Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | Jun 19 | Mar 19 | Dec 18 | Sep 18 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | - | - | - | - | - | - | $556.39M | $629.17M | $593.36M | $579.35M | $514.80M | $665.65M | $582.57M | $523.31M | $485.08M | $540.11M | $437.70M | $364.68M | $331.44M | $382.23M | $255.48M | $209.26M | $174.06M | $202.70M | $132.18M |
| Avg Forecast | $1.29B | $1.14B | $711.90M | $737.09M | $627.36M | $645.19M | $516.40M | $744.84M | $607.98M | $588.35M | $677.13M | $480.62M | $588.96M | $588.96M | $456.58M | $516.47M | $768.16M | $98.94M | $455.73M | $281.05M | $337.60M | $151.53M | $161.55M | $675.66M | $117.53M |
| High Forecast | $1.47B | $1.31B | $854.28M | $801.00M | $678.83M | $737.04M | $589.92M | $893.81M | $729.58M | $672.11M | $773.53M | $549.04M | $672.81M | $706.75M | $521.58M | $619.76M | $877.53M | $113.03M | $520.61M | $337.26M | $385.66M | $173.11M | $184.55M | $810.79M | $134.26M |
| Low Forecast | $1.10B | $980.79M | $569.52M | $672.56M | $577.30M | $553.06M | $442.66M | $595.87M | $486.38M | $504.33M | $580.44M | $411.99M | $504.86M | $471.17M | $391.38M | $413.18M | $658.47M | $84.82M | $390.65M | $224.84M | $289.39M | $129.89M | $138.48M | $540.53M | $100.74M |
| # Analysts | 8 | 7 | 13 | 9 | 9 | 7 | 9 | 18 | 19 | 12 | 16 | 9 | 9 | 18 | 7 | 15 | 10 | 8 | 7 | 13 | 5 | 3 | 3 | 9 | 5 |
| Surprise % | - | - | - | - | - | - | 1.08% | 0.84% | 0.98% | 0.98% | 0.76% | 1.38% | 0.99% | 0.89% | 1.06% | 1.05% | 0.57% | 3.69% | 0.73% | 1.36% | 0.76% | 1.38% | 1.08% | 0.30% | 1.12% |
Farfetch's average Quarter revenue forecast for Jun 23 based on 7 analysts is $645.19M, with a low forecast of $553.06M, and a high forecast of $737.04M. FTCH's average Quarter revenue forecast represents a 15.96% increase compared to the company's last Quarter revenue of $556.39M (Mar 23).
Farfetch EBITDA Forecast
| Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | Jun 19 | Mar 19 | Dec 18 | Sep 18 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 8 | 7 | 13 | 9 | 9 | 7 | 9 | 18 | 19 | 12 | 16 | 9 | 9 | 18 | 7 | 15 | 10 | 8 | 7 | 13 | 5 | 3 | 3 | 9 | 5 |
| EBITDA | - | - | - | - | - | - | $-73.87M | $-84.42M | $-92.60M | $-84.67M | $-77.52M | $181.12M | $859.12M | $166.80M | $590.96M | $-2.24B | $-472.04M | $-368.89M | $7.36M | $-59.62M | $-47.92M | $-73.49M | $-71.43M | $4.13M | $-70.14M |
| Avg Forecast | $-242.61M | $-215.65M | $-134.18M | $230.20M | $-118.24M | $239.01M | $-97.33M | $209.28M | $-114.59M | $217.28M | $-127.62M | $190.25M | $-111.01M | $197.53M | $-86.06M | $-34.74B | $-828.42M | $-559.66M | $9.36M | $-38.16M | $-59.58M | $-45.50M | $-58.14M | $-2.52M | $-60.62M |
| High Forecast | $-277.15M | $-246.35M | $-161.01M | $276.24M | $-127.94M | $286.81M | $-111.19M | $251.13M | $-137.51M | $260.74M | $-145.79M | $228.30M | $-126.81M | $237.04M | $-98.31M | $-27.79B | $-662.74M | $-447.72M | $11.24M | $-30.53M | $-47.66M | $-36.40M | $-46.51M | $-2.02M | $-48.49M |
| Low Forecast | $-207.96M | $-184.86M | $-107.34M | $184.16M | $-108.81M | $191.21M | $-83.43M | $167.42M | $-91.67M | $173.83M | $-109.40M | $152.20M | $-95.16M | $158.02M | $-73.77M | $-41.69B | $-994.11M | $-671.59M | $7.49M | $-45.79M | $-71.50M | $-54.59M | $-69.77M | $-3.02M | $-72.74M |
| Surprise % | - | - | - | - | - | - | 0.76% | -0.40% | 0.81% | -0.39% | 0.61% | 0.95% | -7.74% | 0.84% | -6.87% | 0.06% | 0.57% | 0.66% | 0.79% | 1.56% | 0.80% | 1.62% | 1.23% | -1.64% | 1.16% |
16 analysts predict FTCH's average Quarter EBITDA for Mar 22 to be $-127.62M, with a high of $-145.79M and a low of $-109.40M. This is -170.47% lower than Farfetch's previous annual EBITDA (Dec 21) of $181.12M.
Farfetch Net Income Forecast
| Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | Jun 19 | Mar 19 | Dec 18 | Sep 18 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 8 | 7 | 13 | 9 | 9 | 7 | 9 | 18 | 19 | 12 | 16 | 9 | 9 | 18 | 7 | 15 | 10 | 8 | 7 | 13 | 5 | 3 | 3 | 9 | 5 |
| Net Income | - | - | - | - | - | - | $-174.28M | $-176.66M | $-274.90M | $70.48M | $734.33M | $96.89M | $767.17M | $86.65M | $511.24M | $-2.28B | $-544.32M | $-439.64M | $-82.07M | $-96.11M | $-90.25M | $-89.66M | $-109.28M | $-9.91M | $-77.25M |
| Avg Forecast | $619.48M | $539.58M | $1.02B | $122.73M | $841.08M | $124.16M | $923.15M | $111.57M | $764.62M | $112.87M | $839.23M | $101.43M | $604.44M | $102.61M | $2.50B | $-35.38B | $-955.28M | $-667.00M | $-104.45M | $-61.51M | $-112.20M | $-55.50M | $-71.67M | $-15.17M | $-66.07M |
| High Forecast | $400.84M | $349.14M | $1.22B | $147.28M | $1.01B | $148.99M | $1.11B | $133.89M | $917.54M | $135.44M | $1.01B | $121.72M | $725.33M | $123.13M | $3.00B | $-28.30B | $-764.23M | $-533.60M | $-83.56M | $-49.21M | $-89.76M | $-44.40M | $-57.34M | $-12.13M | $-52.86M |
| Low Forecast | $856.34M | $745.88M | $812.37M | $98.19M | $672.86M | $99.32M | $738.52M | $89.26M | $611.69M | $90.30M | $671.38M | $81.14M | $483.55M | $82.09M | $2.00B | $-42.45B | $-1.15B | $-800.39M | $-125.34M | $-73.82M | $-134.64M | $-66.60M | $-86.00M | $-18.20M | $-79.28M |
| Surprise % | - | - | - | - | - | - | -0.19% | -1.58% | -0.36% | 0.62% | 0.88% | 0.96% | 1.27% | 0.84% | 0.20% | 0.06% | 0.57% | 0.66% | 0.79% | 1.56% | 0.80% | 1.62% | 1.52% | 0.65% | 1.17% |
Farfetch's average Quarter net income forecast for Sep 22 is $764.62M, with a range of $611.69M to $917.54M. FTCH's average Quarter net income forecast represents a 984.82% increase compared to the company's last Quarter net income of $70.48M (Jun 22).
Farfetch SG&A Forecast
| Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | Jun 19 | Mar 19 | Dec 18 | Sep 18 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 8 | 7 | 13 | 9 | 9 | 7 | 9 | 18 | 19 | 12 | 16 | 9 | 9 | 18 | 7 | 15 | 10 | 8 | 7 | 13 | 5 | 3 | 3 | 9 | 5 |
| SG&A | - | - | - | - | - | - | $331.32M | $374.19M | $362.01M | $354.73M | $309.90M | $152.18M | $357.92M | $317.66M | $285.30M | $219.88M | $356.05M | $247.77M | $207.48M | $210.64M | $160.31M | $166.80M | $154.73M | $95.24M | $138.17M |
| Avg Forecast | $852.58M | $757.85M | $428.54M | $403.77M | $392.39M | $455.18M | $389.58M | $367.07M | $356.72M | $413.80M | $354.17M | $333.70M | $281.99M | $376.18M | $302.42M | $342.09M | $624.87M | $65.54M | $329.39M | $207.51M | $242.94M | $112.13M | $155.76M | $181.73M | $77.84M |
| High Forecast | $973.96M | $865.74M | $514.25M | $484.53M | $470.87M | $546.21M | $467.50M | $440.48M | $428.07M | $496.56M | $425.00M | $400.44M | $338.39M | $451.42M | $345.47M | $410.50M | $749.84M | $74.87M | $395.26M | $249.01M | $291.53M | $134.55M | $186.92M | $218.08M | $88.93M |
| Low Forecast | $730.83M | $649.63M | $342.83M | $323.02M | $313.92M | $364.14M | $311.67M | $293.65M | $285.38M | $331.04M | $283.33M | $266.96M | $225.59M | $300.94M | $259.23M | $273.67M | $499.89M | $56.18M | $263.51M | $166.01M | $194.35M | $89.70M | $124.61M | $145.38M | $66.73M |
| Surprise % | - | - | - | - | - | - | 0.85% | 1.02% | 1.01% | 0.86% | 0.88% | 0.46% | 1.27% | 0.84% | 0.94% | 0.64% | 0.57% | 3.78% | 0.63% | 1.02% | 0.66% | 1.49% | 0.99% | 0.52% | 1.78% |
Farfetch's average Quarter SG&A projection for Jun 23 is $455.18M, based on 7 Wall Street analysts, with a range of $364.14M to $546.21M. The forecast indicates a 37.38% rise compared to FTCH last annual SG&A of $331.32M (Mar 23).
Farfetch EPS Forecast
| Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | Jun 19 | Mar 19 | Dec 18 | Sep 18 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 8 | 7 | 13 | 9 | 9 | 7 | 9 | 18 | 19 | 12 | 16 | 9 | 9 | 18 | 7 | 15 | 10 | 8 | 7 | 13 | 5 | 3 | 3 | 9 | 5 |
| EPS | - | - | - | - | - | - | $-0.44 | $-0.45 | $-0.71 | $0.18 | $1.93 | $0.26 | $2.09 | $0.24 | $1.44 | $-6.53 | $-1.58 | $-1.29 | $-0.24 | $-0.34 | $-0.28 | $-0.29 | $-0.36 | $-0.03 | $-0.30 |
| Avg Forecast | $1.54 | $1.34 | $1.58 | $-0.34 | $-0.17 | $-0.27 | $-0.23 | $-0.18 | $-0.26 | $-0.35 | $-0.32 | $-0.43 | $-0.38 | $1.01 | $-0.48 | $-5.27 | $-0.42 | $-0.36 | $-0.35 | $-0.16 | $-0.37 | $-0.20 | $-0.16 | $-0.15 | $-0.22 |
| High Forecast | $1.00 | $0.87 | $1.02 | $-0.22 | $-0.32 | $-0.17 | $-0.15 | $-0.12 | $-0.17 | $-0.23 | $-0.21 | $-0.28 | $-0.25 | $0.65 | $-0.31 | $-4.21 | $-0.27 | $-0.23 | $-0.23 | $-0.13 | $-0.24 | $-0.13 | $-0.10 | $-0.12 | $-0.14 |
| Low Forecast | $2.13 | $1.86 | $2.18 | $-0.47 | $-0.54 | $-0.37 | $-0.32 | $-0.25 | $-0.36 | $-0.48 | $-0.44 | $-0.59 | $-0.53 | $1.40 | $-0.66 | $-6.32 | $-0.58 | $-0.50 | $-0.48 | $-0.19 | $-0.51 | $-0.28 | $-0.22 | $-0.18 | $-0.30 |
| Surprise % | - | - | - | - | - | - | 1.91% | 2.50% | 2.73% | -0.51% | -6.03% | -0.60% | -5.50% | 0.24% | -3.00% | 1.24% | 3.76% | 3.58% | 0.69% | 2.13% | 0.76% | 1.45% | 2.25% | 0.20% | 1.36% |
According to 19 Wall Street analysts, Farfetch's projected average Quarter EPS for Sep 22 is $-0.26, with a low estimate of $-0.36 and a high estimate of $-0.17. This represents a -244.44% decrease compared to FTCH previous annual EPS of $0.18 (Jun 22).
Farfetch Peer Comparison by Price Target
| Ticker | Company | Last Closing Price | Avg Price Target | Upside/Downside | Avg Rating |
|---|---|---|---|---|---|
| FTCH | Farfetch | $0.64 | $32.73 | 5014.06% | Buy |
| JD | JD | $33.35 | $87.15 | 161.32% | Buy |
| SE | Sea | $66.26 | $169.51 | 155.83% | Buy |
| BZUN | Baozun | $3.01 | $6.40 | 112.62% | Buy |
| BABA | Alibaba Group | $79.51 | $165.22 | 107.80% | Buy |
| GLBE | Global-e Online | $29.81 | $53.40 | 79.13% | Buy |
| JMIA | Jumia | $6.07 | $9.00 | 48.27% | - |
| VIPS | Vipshop | $16.40 | $16.07 | -2.01% | Buy |
| MELI | MercadoLibre | $1.68K | $1.60K | -4.86% | Buy |
| PDD | PDD | $138.69 | $131.63 | -5.09% | Buy |
FTCH Forecast FAQ
Is Farfetch a good buy?
Yes, according to 9 Wall Street analysts, Farfetch (FTCH) is considered a 'Buy'. The rating consensus is based on 0 'Strong Buy' and 5 'Buy' recommendations, accounting for 55.56% of FTCH's total ratings.
What is FTCH's price target?
Farfetch (FTCH) average price target is $32.73 with a range of $5 to $75, implying a 39814.63% from its last price of $0.082. The data is based on 9 Wall Street analysts who provided a twelve-month price target estimate in the last three months.
Will Farfetch stock go up soon?
According to Wall Street analysts' prediction for FTCH stock, the company can go up by 39814.63% (from the last price of $0.082 to the average price target of $32.73), up by 91363.41% based on the highest stock price target, and up by 5997.56% based on the lowest stock price target.
Can Farfetch stock reach $0?
FTCH's average twelve months analyst stock price target of $32.73 supports the claim that Farfetch can reach $0 in the near future.
What are Farfetch's analysts' financial forecasts?
FTCH's analysts financial forecasts for the fiscal year (Dec 2023) are as follows: average revenue is $2.53B (high $2.81B, low $2.25B), average EBITDA is $253.64M (high $323.92M, low $183.13M), average net income is $2.01B (high $2.41B, low $1.61B), average SG&A $1.64B (high $1.97B, low $1.31B), and average EPS is $-1.01 (high $-0.864, low $-1.701).
Did the FTCH's actual financial results beat the analysts' financial forecasts?
Based on Farfetch's last annual report (Dec 2022), the company's revenue was $2.32B, which missed the average analysts forecast of $2.62B by -11.52%. Apple's EBITDA was $-339M, missing the average prediction of $184.34M by -284.01%. The company's net income was $359.29M, missing the average estimation of $1.83B by -80.35%. Apple's SG&A was $1.4B, missing the average forecast of $1.49B by -6.10%. Lastly, the company's EPS was $0.99, missing the average prediction of $-1.11 by -189.19%. In terms of the last quarterly report (Mar 2023), Farfetch's revenue was $556.39M, beating the average analysts' forecast of $516.4M by 7.74%. The company's EBITDA was $-73.872M, missing the average prediction of $-97.33M by -24.10%. Farfetch's net income was $-174M, missing the average estimation of $923.15M by -118.88%. The company's SG&A was $331.32M, missing the average forecast of $389.58M by -14.96%. Lastly, the company's EPS was $-0.44, beating the average prediction of $-0.23 by 91.30%