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Farfetch (FTCH) Stock Forecast, Price Target & Predictions

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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

DateAnalystCompanyPrice TargetPrice when PublishedPrice Target/Price when PublishedPrice Target/Last Closing Price
May 19, 2023Tom NikicWedbush$5.00$5.25-4.67%5997.56%
Dec 05, 2022Cowen & Co.$8.00$5.5145.19%9656.10%
Dec 02, 2022Tom NikicWedbush$6.00$5.832.83%7217.07%
Dec 02, 2022Noah ZatzkinKeyBanc$13.00$5.83122.79%15753.66%
Dec 02, 2022Doug AnmuthJ.P. Morgan$15.00$5.83157.07%18192.68%
Aug 26, 2022Lauren SchenkMorgan Stanley$32.00$11.44179.72%38924.39%
Apr 14, 2022Marvin FongBTIG$26.00$13.6390.76%31607.32%
Mar 28, 2022Ike BoruchowWells Fargo$35.00$14.73137.61%42582.93%
Feb 26, 2022Stephen JuCredit Suisse$47.00$20.92124.67%57217.07%
Feb 25, 2022Lauren SchenkMorgan Stanley$56.00$20.92167.69%68192.68%
Jan 26, 2022Oliver ChenCowen & Co.$30.00$19.7851.67%36485.37%
Jan 20, 2022Edward YrumaKeyBanc$40.00$23.0173.84%48680.49%
Dec 09, 2021Luca SolcaBernstein$40.50$34.9815.78%49290.24%
Dec 02, 2021Kunal MadhukarUBS$45.00$34.0732.08%54778.05%
Nov 22, 2021Ella JiChina Renaissance Securities (US) Inc.$46.00$33.6136.86%55997.56%
Sep 07, 2021Samuel LourenszArete Research$38.00$41.78-9.05%46241.46%
Aug 20, 2021Ashley WallaceBank of America Securities$75.00$38.8093.30%91363.41%

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

1M3M12M
# 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

DateCompanyPrevious RatingNew RatingRating Change
Nov 30, 2023CitigroupSellNeutralUpgrade
Aug 29, 2023Morgan StanleyEqual-WeightEqual-WeightHold
Aug 18, 2023KeyBancOverweightSector WeightDowngrade
May 19, 2023Credit SuisseOutperformOutperformHold
May 19, 2023WedbushNeutralNeutralHold
Mar 24, 2023JMP SecuritiesMarket PerformInitialise
Dec 05, 2022Cowen & Co.OutperformOutperformHold
Nov 18, 2022KeyBancOverweightOverweightHold
Nov 18, 2022Wells FargoOverweightOverweightHold
Nov 16, 2022Credit SuisseOutperformOutperformHold
Oct 10, 2022Morgan StanleyOverweightOverweightHold
Sep 26, 2022Prescience PointBuyInitialise
Sep 26, 2022CitigroupSellInitialise
Aug 30, 2022Cowen & Co.Market PerformMarket PerformHold
Aug 22, 2022Credit SuisseOutperformOutperformHold
Aug 02, 2022Cowen & Co.Market PerformDowngrade
Jul 21, 2022KeyBancCautiousCautiousHold
Apr 14, 2022BTIGBuyBuyHold
Mar 28, 2022Wells FargoOverweightOverweightHold
Feb 26, 2022Credit SuisseOutperformOutperformHold
Feb 25, 2022Morgan StanleyOverweightOverweightHold
Dec 10, 2021Societe GeneraleSellInitialise

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 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19Jun 19Mar 19Dec 18Sep 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
# Analysts8713997918191216991871510871353395
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 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19Jun 19Mar 19Dec 18Sep 18
# Analysts8713997918191216991871510871353395
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 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19Jun 19Mar 19Dec 18Sep 18
# Analysts8713997918191216991871510871353395
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 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19Jun 19Mar 19Dec 18Sep 18
# Analysts8713997918191216991871510871353395
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 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19Jun 19Mar 19Dec 18Sep 18
# Analysts8713997918191216991871510871353395
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

TickerCompanyLast Closing PriceAvg Price TargetUpside/DownsideAvg Rating
JMIAJumia$4.57$9.0096.94%Buy
PDDPDD$102.42$168.0064.03%Buy
BABAAlibaba Group$87.15$121.7139.66%Buy
MELIMercadoLibre$1.81K$2.34K29.31%Buy
VIPSVipshop$13.41$16.3722.07%Hold
JDJD$37.27$43.4016.45%Buy
SESea$115.79$99.38-14.17%Buy
GLBEGlobal-e Online$56.82$47.33-16.70%Buy
BZUNBaozun$3.15$2.20-30.16%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%