Capri (NYSE:CPRI – Get Free Report) had its price target decreased by stock analysts at UBS Group from $20.00 to $17.00 in a research report issued on Thursday,Benzinga reports. The brokerage presently has a “neutral” rating on the stock. UBS Group’s price objective suggests a potential upside of 11.07% from the stock’s previous close.
Several other equities research analysts also recently weighed in on CPRI. Weiss Ratings upgraded Capri from a “sell (e+)” rating to a “sell (d)” rating in a report on Thursday, May 28th. Telsey Advisory Group dropped their price objective on Capri from $21.00 to $18.00 and set a “market perform” rating on the stock in a research note on Thursday. Bank of America reduced their price target on shares of Capri from $23.00 to $20.00 and set a “neutral” rating for the company in a report on Thursday, May 28th. Barclays lowered their price target on shares of Capri from $20.00 to $19.00 and set an “overweight” rating for the company in a research report on Thursday. Finally, Wells Fargo & Company cut their price objective on shares of Capri from $20.00 to $16.00 and set an “equal weight” rating on the stock in a report on Wednesday, July 15th. One investment analyst has rated the stock with a Strong Buy rating, five have given a Buy rating, nine have given a Hold rating and one has given a Sell rating to the company. According to MarketBeat, the company currently has an average rating of “Hold” and an average target price of $21.93.
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Capri Price Performance
Capri (NYSE:CPRI – Get Free Report) last issued its quarterly earnings data on Wednesday, August 5th. The company reported $0.67 earnings per share for the quarter, beating analysts’ consensus estimates of $0.40 by $0.27. The firm had revenue of $769.00 million during the quarter, compared to analyst estimates of $757.61 million. Capri had a return on equity of 297.36% and a net margin of 4.44%.The business’s quarterly revenue was down 3.5% compared to the same quarter last year. During the same quarter last year, the business posted $0.50 earnings per share. Capri has set its Q2 2027 guidance at 0.200-0.200 EPS and its FY 2027 guidance at 2.150-2.150 EPS. As a group, analysts forecast that Capri will post 2.08 EPS for the current fiscal year.
Insider Buying and Selling
In related news, Director Stephen F. Reitman sold 17,981 shares of Capri stock in a transaction that occurred on Monday, June 8th. The stock was sold at an average price of $19.42, for a total transaction of $349,191.02. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. 2.60% of the stock is currently owned by company insiders.
Hedge Funds Weigh In On Capri
Institutional investors and hedge funds have recently modified their holdings of the business. Measured Wealth Private Client Group LLC raised its holdings in shares of Capri by 299.7% during the first quarter. Measured Wealth Private Client Group LLC now owns 1,523 shares of the company’s stock valued at $27,000 after acquiring an additional 1,142 shares during the last quarter. Quantbot Technologies LP acquired a new position in shares of Capri in the 2nd quarter valued at $39,000. Caitong International Asset Management Co. Ltd increased its holdings in Capri by 273.9% in the 4th quarter. Caitong International Asset Management Co. Ltd now owns 2,236 shares of the company’s stock valued at $55,000 after purchasing an additional 1,638 shares during the last quarter. MidFirst Bank purchased a new stake in Capri during the 4th quarter worth approximately $77,000. Finally, Hantz Financial Services Inc. grew its stake in Capri by 57.9% during the 4th quarter. Hantz Financial Services Inc. now owns 4,266 shares of the company’s stock worth $104,000 after purchasing an additional 1,565 shares in the last quarter. Hedge funds and other institutional investors own 84.34% of the company’s stock.
More Capri News
Here are the key news stories impacting Capri this week:
- Positive Sentiment: Capri’s latest quarterly results exceeded expectations, with earnings per share of $0.67 versus the $0.40 consensus and revenue of $769 million versus estimates of $757.6 million. Margin gains and growth at Jimmy Choo provided support, although total revenue declined year over year. CPRI Q1 Earnings Beat Estimates on Margin Gains, Jimmy Choo Growth
- Positive Sentiment: Despite lower targets, BTIG maintained a “buy” rating and set a $25 target, implying substantial upside if Capri’s turnaround gains traction. Analysts’ views across the consumer-cyclical sector remain mixed rather than uniformly bearish. BTIG Capri price-target report
- Neutral Sentiment: UBS lowered its Capri price target to $17 from $20 while keeping a “neutral” rating. Goldman Sachs cut its target to $18 from $21, and Telsey reduced its target to $18 from $21 while maintaining “market perform” status. The revisions still imply upside from recent trading levels but signal reduced confidence in the pace of recovery. Capri price target cut by UBS
- Neutral Sentiment: Analyst coverage remains divided: some firms see value in Capri’s low valuation and turnaround potential, while others remain cautious about brand performance and execution. Analysts offer insights on Capri Holdings and other consumer cyclical companies
- Negative Sentiment: The main overhang is that Michael Kors has not yet reversed its negative sales trend, while Jimmy Choo’s recovery remains modest. Commentary also argues that Capri’s apparently low headline valuation may be overstated by currency-hedging effects, making the stock less compelling for a company still lacking consistent luxury-brand resilience. Capri Holdings: The Turnaround Needs To Show Something More
- Negative Sentiment: JPMorgan issued a pessimistic forecast, adding to concerns about Capri’s sales trajectory and the company’s ability to execute its turnaround. JPMorgan issues pessimistic forecast for Capri
Capri Company Profile
Capri Holdings Limited (NYSE: CPRI) is a global luxury fashion company that designs, markets and distributes a range of premium lifestyle products. The company’s principal brands—Michael Kors, Versace and Jimmy Choo—offer handbags, ready-to-wear apparel, footwear, watches, jewelry, fragrance and other accessories. Capri Holdings combines in-house design talent with international sourcing, manufacturing and retail operations to deliver collections that reflect each brand’s distinct heritage and aesthetic vision.
Formed in 2018 through the rebranding of Michael Kors Holdings following the acquisition of Versace, Capri has since integrated Jimmy Choo into its portfolio.
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