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 11 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 11 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

Buy

According to 11 Wall Street analysts, Farfetch's rating consensus is 'Buy'. The analyst rating breakdown for FTCH stock is 0 'Strong Buy' (0.00%), 5 'Buy' (45.45%), 5 'Hold' (45.45%), 1 'Sell' (9.09%), 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%

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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	-	-	-
Avg Price Target	-	-	-
Last Closing Price	$0.08	$0.08	$0.08
Upside/Downside	-100.00%	-100.00%	-100.00%

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 NaN% 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

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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
JMIA	Jumia	$3.72	$9.00	141.94%	Buy
BZUN	Baozun	$2.54	$5.35	110.63%	Buy
JD	JD	$35.19	$69.13	96.45%	Buy
BABA	Alibaba Group	$87.11	$153.02	75.66%	Buy
SE	Sea	$113.68	$159.73	40.51%	Buy
PDD	PDD	$117.68	$159.20	35.28%	Buy
VIPS	Vipshop	$13.26	$16.17	21.95%	Hold
GLBE	Global-e Online	$42.74	$51.88	21.39%	Buy
MELI	MercadoLibre	$1.92K	$1.99K	3.57%	Buy

FTCH Forecast FAQ

Is Farfetch a good buy?

Yes, according to 11 Wall Street analysts, Farfetch (FTCH) is considered a 'Buy'. The rating consensus is based on 0 'Strong Buy' and 5 'Buy' recommendations, accounting for 45.45% 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 11 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%