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Is It Too Late to Buy Farfetch Stock?


's (NYSE: FTCH) stock has surged nearly 40% since the company posted its first-quarter report on May 18. The London-based luxury e-tailer's revenue rose 8% year over year to $556 million and exceeded analysts' estimates by $41 million.

On an adjusted earnings before interest, taxes, depreciation, and amortization (EBITDA) basis, Farfetch narrowed its loss from $36 million to $35 million, while its adjusted net loss of $0.16 per share cleared the consensus forecast by $0.13.

Image source: Getty Images.

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Source Fool.com

Farfetch Ltd Stock

€0.010
400.000%
Farfetch Ltd dominated the market today, gaining €0.008 (400.000%).
With 2 Buy predictions and 1 Sell predictions the community is currently undecided on Farfetch Ltd.
Based on the current price of 0.01 € the target price of 8 € shows a potential of 79900.0% for Farfetch Ltd which would more than double the current price.
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