Telsey Advisory Group Issues Pessimistic Forecast for Capri (NYSE:CPRI) Stock Price

Capri (NYSE:CPRI) had its target price cut by Telsey Advisory Group from $21.00 to $18.00 in a research report issued to clients and investors on Thursday, Marketbeat.com reports. The brokerage currently has a “market perform” rating on the stock. Telsey Advisory Group’s price objective suggests a potential upside of 17.61% from the company’s previous close.

CPRI has been the topic of several other research reports. BTIG Research reiterated a “buy” rating and issued a $30.00 price target on shares of Capri in a research note on Thursday, May 28th. Bank of America reduced their target price on Capri from $23.00 to $20.00 and set a “neutral” rating on the stock in a report on Thursday, May 28th. Raymond James Financial reiterated an “outperform” rating and issued a $22.00 target price on shares of Capri in a research report on Thursday, May 28th. TD Cowen dropped their price target on Capri from $26.00 to $20.00 and set a “hold” rating for the company in a research note on Wednesday, July 29th. Finally, Robert W. Baird cut their price target on Capri from $26.00 to $24.00 and set an “outperform” rating for the company in a report on Monday, July 27th. One research analyst has rated the stock with a Strong Buy rating, five have assigned a Buy rating, nine have given a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat, the company presently has an average rating of “Hold” and a consensus price target of $21.93.

Capri Trading Up 2.0%

Shares of CPRI stock opened at $15.30 on Thursday. The company has a debt-to-equity ratio of 2.27, a quick ratio of 0.60 and a current ratio of 1.19. The stock has a fifty day simple moving average of $18.00 and a two-hundred day simple moving average of $19.12. The firm has a market capitalization of $1.76 billion, a PE ratio of 11.77, a PEG ratio of 0.27 and a beta of 1.41. Capri has a 52-week low of $14.77 and a 52-week high of $28.26.

Capri (NYSE:CPRI) last released its quarterly earnings data on Wednesday, August 5th. The company reported $0.67 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.40 by $0.27. Capri had a net margin of 4.44% and a return on equity of 297.36%. The firm had revenue of $769.00 million for the quarter, compared to analysts’ expectations of $757.61 million. During the same quarter last year, the business posted $0.50 earnings per share. The company’s revenue for the quarter was down 3.5% compared to the same quarter last year. Capri has set its Q2 2027 guidance at 0.200-0.200 EPS and its FY 2027 guidance at 2.150-2.150 EPS. On average, analysts predict that Capri will post 2.08 EPS for the current fiscal year.

Insider Activity

In related news, Director Stephen F. Reitman sold 17,981 shares of Capri stock in a transaction that occurred on Monday, June 8th. The shares were sold at an average price of $19.42, for a total transaction of $349,191.02. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Insiders own 2.60% of the company’s stock.

Hedge Funds Weigh In On Capri

Several hedge funds have recently made changes to their positions in CPRI. Los Angeles Capital Management LLC lifted its position in Capri by 1.3% during the 4th quarter. Los Angeles Capital Management LLC now owns 41,707 shares of the company’s stock worth $1,018,000 after buying an additional 550 shares in the last quarter. Empowered Funds LLC raised its stake in shares of Capri by 3.4% in the fourth quarter. Empowered Funds LLC now owns 16,580 shares of the company’s stock worth $405,000 after acquiring an additional 550 shares during the last quarter. Rockefeller Capital Management L.P. raised its stake in shares of Capri by 14.8% in the fourth quarter. Rockefeller Capital Management L.P. now owns 4,303 shares of the company’s stock worth $105,000 after acquiring an additional 555 shares during the last quarter. Oregon Public Employees Retirement Fund lifted its position in shares of Capri by 2.5% during the first quarter. Oregon Public Employees Retirement Fund now owns 24,444 shares of the company’s stock worth $431,000 after purchasing an additional 600 shares in the last quarter. Finally, California State Teachers Retirement System lifted its position in shares of Capri by 0.7% during the second quarter. California State Teachers Retirement System now owns 108,789 shares of the company’s stock worth $1,926,000 after purchasing an additional 734 shares in the last quarter. 84.34% of the stock is owned by institutional investors and hedge funds.

Capri News Summary

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.