FARFETCH LTD-CLASS A (FTCH) Forecast, Price Target & Analyst Ratings

NYSE:FTCH • KY30744W1070

Current stock price

0.6428 USD
-0.1 (-13.26%)
At close:
0.42 USD
-0.22 (-34.66%)
Pre-Market:

Analyst forecast overview

View the latest analyst price targets, stock forecast, EPS estimates, revenue projections, revisions, full estimates, rating distribution and upgrades/downgrades for FARFETCH LTD-CLASS A (FTCH).

Forecast Snapshot

Consensus Price Target

Price Target
$4.59
+ 614.81% Upside
→ Price target details

Next Earnings Forecast

Earnings Estimate
Release Date
Dec 28, 2023
Period
Q3 / 2023
EPS Estimate
-$0.38
Revenue Estimate
634.51M
→ Full earnings forecast details

ChartMill Buy Consensus

Rating
68.80%
Weighted Analyst Rating Score
→ Analyst Ratings details

Price Target Details & History

Consensus Price Target and Range

Mean target
$4.59
Upside
+ 614.81%
From current price of $0.64 to mean target of $4.59, Based on 25 analyst forecasts
Low
$0.81
Median
$3.57
High
$13.65

Price Target Revisions

1 Month
-8.89%
3 Months
-32.77%

Price Target Summary

25 Wall Street analysts provided a forecast for the next 12 months for FTCH. The average price target is 4.59 USD. This implies a price increase of 614.81% is expected in the next year compared to the current price of 0.6428.
The average price target has been revised downward by 32.77% in the past 3 months.
→ Find peer stocks trading 30% below analyst price target

Analyst Ratings & History

Current Analyst Ratings

FTCH Current Analyst RatingFTCH Current Analyst Buy, Sell and Hold Ratings.Current Analyst Rating Strong Buy Buy Hold Sell Strong Sell 2 4 6 8 10

Analyst Ratings History

FTCH Historical Analyst RatingsFTCH Historical Analyst Buy, Sell and Hold Ratings and number of analysts.Historical Monthly Analyst Rating -19 -17 -15 -13 -11 -9 -7 -5 -3 -1 5 10 15 20 25

Analyst Ratings Consensus

ChartMill Buy Consensus
68.80%
FTCH was analyzed by 25 analysts. The buy percentage consensus is at 69. So analysts seem to be have mildly positive about FTCH.
In the previous month the buy percentage consensus was at a similar level.
FTCH was analyzed by 25 analysts, which should be a sufficient number of analysts to have a meaningful average consensus rating.
→ Find peer stocks with a buy consensus above 85%

Recent Upgrades & Downgrades

DateFirmActionFrom → To
2023-12-14UBSMaintains Neutral -> Neutral
2023-11-30CitigroupUpgrade Sell -> Neutral
2023-10-25Societe GeneraleDowngrade Buy -> Sell
2023-09-11Wells FargoMaintains Overweight -> Overweight
2023-09-08UBSMaintains Neutral -> Neutral
2023-08-29Morgan StanleyDowngrade Overweight -> Equal-Weight
2023-08-21CitigroupMaintains Sell -> Sell
2023-08-18BTIGMaintains Buy -> Buy
2023-08-18KeybancDowngrade Overweight -> Sector Weight
2023-08-18OppenheimerMaintains Outperform -> Outperform
2023-08-18WedbushMaintains Neutral -> Neutral
2023-08-18JP MorganDowngrade Overweight -> Neutral
2023-08-18Credit SuisseMaintains Outperform -> Outperform
2023-08-18Piper SandlerMaintains Neutral -> Neutral
2023-08-02WedbushReiterate Neutral -> Neutral
2023-05-25CitigroupMaintains Sell -> Sell
2023-05-19UBSMaintains Neutral -> Neutral
2023-05-19WedbushReiterate Neutral -> Neutral
2023-05-19Credit SuisseMaintains Outperform -> Outperform
2023-05-19Piper SandlerMaintains Neutral -> Neutral
2023-05-16Credit SuisseMaintains Outperform -> Outperform
2023-03-24JMP SecuritiesInitiate Market Perform
2023-03-24CitigroupMaintains Sell
2023-02-27OppenheimerMaintains Outperform
2023-02-21Credit SuisseMaintains Outperform

Next Earnings Forecast Details

Next Earnings Details

Release Date
Dec 28, 2023
Period
Q3 / 2023
EPS Estimate
-$0.38
Revenue Estimate
634.51M
Revenue Q2Q
6.93%
EPS Q2Q
-58.53%
Number of Analysts
14

Next Earnings Revisions

Revenue (1 Month)
-0.04%
Revenue (3 Months)
98,831.00%
EPS (1 Month)
5.81%
EPS (3 Months)
6.75%

Next Earnings Summary

FTCH is expected to report earnings on 12/28/2023. The consensus EPS estimate for the next earnings is -0.38 USD and the consensus revenue estimate is 634.51M USD.
The next earnings revenue estimate has been revised upward by 98831% in the past 3 months. Upward revisions are a positive sign and indicate that analysts are more optimistic about the next earnings compared to 3 months ago.
→ Find peers expecting at least 20% revenue growth next quarter

Full Analyst Estimates

Yearly Earnings Per Share (EPS), Revenue, EBIT, EBITDA and Operating Margin Analyst Estimates

2020 2021 2022 2023 2024 2025 2026 2027 2028 2029 2030
Revenue
YoY % growth
FTCH revenue by date.FTCH revenue by date.
1.674B
63.95%		2.257B
34.81%		2.317B
2.66%		2.527B
9.08%		3.096B
22.52%		3.547B
14.57%		3.737B
5.36%		4.233B
13.27%		4.797B
13.32%		5.44B
13.40%		6.173B
13.47%
EBITDA
YoY % growth
FTCH ebitda by date.FTCH ebitda by date.
-338.4M
-14.48%		-194.5M
42.52%		-343.6M
-76.66%		-1.495M
99.56%		114.26M
7,743.10%		260.05M
127.59%		540.6M
107.88%		700.74M
29.62%		846.06M
20.74%		1.129B
33.44%		1.417B
25.51%
EBIT
YoY % growth
FTCH ebit by date.FTCH ebit by date.
-555.7M
-35.80%		-445.7M
19.79%		-676.4M
-51.76%		-588.335M
13.02%		-489.308M
16.83%		-385.352M
21.25%		181.56M
147.12%		455.94M
151.12%		295.8M
-35.12%		478.79M
61.86%		678.2M
41.65%
Operating Margin
FTCH operating margin by date.FTCH operating margin by date.
-33.20%-19.75%-29.20%-23.28%-15.80%-10.86%4.86%10.77%6.17%8.80%10.99%
EPS
YoY % growth
FTCH eps by date.FTCH eps by date.
-9.63
-664.29%		-0.56
94.18%		-0.94
-67.86%		-1.66
-76.96%		-1.30
21.78%		-0.97
25.38%		0.18
118.91%		0.59
222.22%		1.04
75.86%		1.35
29.41%		1.64
21.97%

All data in USD

Quarterly Earnings Per Share (EPS), Revenue, EBIT and EBITDA Analyst Estimates

Q3 / 23 Q4 / 23 Q1 / 24 Q2 / 24 Q3 / 24 Q4 / 24 Q1 / 25 Q2 / 25 Q3 / 25 Q4 / 25
EPS
Q2Q % growth		-0.38
-58.53%		-0.35
-41.58%		-0.38
-138.00%		-0.40
36.78%		-0.35
7.06%		-0.32
9.70%		-0.37
3.57%		-0.34
16.81%		-0.31
13.46%		-0.22
29.79%
Revenue
Q2Q % growth		634.51M
6.93%		751.98M
19.51%		686.17M
23.32%		738.9M
29.16%		766.46M
20.80%		884.44M
17.61%		808.12M
17.77%		861.08M
16.54%		880.58M
14.89%		1.021B
15.44%
EBITDA
Q2Q % growth		19.136M
-73.57%		45.668M
-68.81%		16.524M
119.67%		2.499M
117.60%		29.019M
51.65%		24.378M
-46.62%		-39.14M
-336.87%		-3.181M
-227.31%		33.317M
14.81%		66.801M
174.02%
EBIT
Q2Q % growth		-142.089M
18.53%		-125.56M
32.64%		-151.81M
11.48%		-172.179M
10.28%		-147.057M
-3.50%		-145.248M
-15.68%		-134.691M
11.28%		-124.052M
27.95%		-113.761M
22.64%		-77.775M
46.45%

All data in USD

Yearly Earnings Per Share (EPS) and Revenue Trends vs Historical Data

FTCH Yearly Revenue VS EstimatesFTCH Yearly Revenue VS EstimatesYearly Revenue VS Estimates 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029 2030 2B 4B 6B
FTCH Yearly EPS VS EstimatesFTCH Yearly EPS VS EstimatesYearly EPS VS Estimates 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029 2030 0 -2 -4 -6 -8

Long Term Forward Growth Forecast Summary

Long Term EPS Growth (CAGR)

EPS Next 3 Year
-1.08%
EPS Next 5 Year
21.33%

Long Term Revenue Growth (CAGR)

Revenue Next 3 Year
14.71%
Revenue Next 5 Year
12.49%

Long Term EBIT Growth (CAGR)

EBIT Next 3 Year
34.01%
EBIT Next 5 Year
25.35%
→ Find peers expecting at least 20% CAGR revenue growth over the next 3 years

FARFETCH LTD-CLASS A / FTCH Forecast FAQ

What is the price target for FTCH stock?

25 analysts have analysed FTCH and the average price target is 4.59 USD. This implies a price increase of 614.81% is expected in the next year compared to the current price of 0.6428.

When does FARFETCH LTD-CLASS A (FTCH) report earnings?

FARFETCH LTD-CLASS A (FTCH) will report earnings on 2023-12-28, after the market close.

What are the consensus estimates for FTCH stock next earnings?

The consensus EPS estimate for the next earnings of FARFETCH LTD-CLASS A (FTCH) is -0.38 USD and the consensus revenue estimate is 634.51M USD.

What is the number of analysts for FTCH stock?

The number of analysts covering FARFETCH LTD-CLASS A (FTCH) is 25.