Capri (NYSE:CPRI) Issues Q3 2026 Earnings Guidance

Capri (NYSE:CPRI) updated its third quarter 2026 earnings guidance on Tuesday. The company provided EPS guidance of 0.700-0.80 for the period, compared to the consensus EPS estimate of 0.630. The company issued revenue guidance of $975.0 million-$1.0 billion, compared to the consensus revenue estimate of $1.0 billion. Capri also updated its FY 2026 guidance to 1.200-1.400 EPS.

Analyst Upgrades and Downgrades

Several equities research analysts have recently commented on the company. Weiss Ratings reaffirmed a “sell (d-)” rating on shares of Capri in a report on Wednesday, October 8th. BTIG Research assumed coverage on Capri in a report on Tuesday, October 14th. They set a “buy” rating and a $30.00 target price for the company. Raymond James Financial raised Capri from a “market perform” rating to an “outperform” rating and set a $25.00 target price for the company in a report on Tuesday, October 21st. JPMorgan Chase & Co. raised Capri from a “neutral” rating to an “overweight” rating and upped their target price for the company from $21.00 to $30.00 in a report on Wednesday, August 13th. Finally, UBS Group upped their target price on Capri from $18.00 to $23.00 and gave the company a “neutral” rating in a report on Thursday, August 7th. Seven equities research analysts have rated the stock with a Buy rating, eight have given a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat.com, Capri currently has a consensus rating of “Hold” and an average price target of $24.43.

Capri Stock Down 0.1%

NYSE:CPRI opened at $20.72 on Tuesday. The firm has a market capitalization of $2.47 billion, a price-to-earnings ratio of -2.20, a PEG ratio of 0.45 and a beta of 1.82. Capri has a 1-year low of $11.86 and a 1-year high of $26.23. The company has a current ratio of 1.17, a quick ratio of 0.61 and a debt-to-equity ratio of 3.97. The business’s fifty day moving average price is $21.02 and its 200 day moving average price is $19.04.

Capri (NYSE:CPRI) last posted its quarterly earnings results on Wednesday, August 6th. The company reported $0.50 earnings per share for the quarter, beating the consensus estimate of $0.13 by $0.37. The firm had revenue of $797.00 million for the quarter, compared to analyst estimates of $773.18 million. Capri had a negative return on equity of 53.50% and a negative net margin of 26.73%.Capri’s quarterly revenue was down 6.0% on a year-over-year basis. During the same period in the previous year, the firm earned $0.04 earnings per share. On average, sell-side analysts forecast that Capri will post 0.98 earnings per share for the current fiscal year.

Institutional Inflows and Outflows

Hedge funds have recently made changes to their positions in the stock. Engineers Gate Manager LP acquired a new position in shares of Capri during the 2nd quarter valued at about $604,000. Canada Pension Plan Investment Board acquired a new position in shares of Capri during the 2nd quarter valued at about $458,000. Quantinno Capital Management LP increased its holdings in shares of Capri by 100.2% during the 2nd quarter. Quantinno Capital Management LP now owns 66,315 shares of the company’s stock valued at $1,174,000 after acquiring an additional 33,183 shares during the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. increased its holdings in shares of Capri by 692.5% during the 2nd quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 87,441 shares of the company’s stock valued at $1,548,000 after acquiring an additional 76,407 shares during the last quarter. Finally, The Manufacturers Life Insurance Company increased its holdings in shares of Capri by 58.4% during the 2nd quarter. The Manufacturers Life Insurance Company now owns 105,043 shares of the company’s stock valued at $1,859,000 after acquiring an additional 38,717 shares during the last quarter. Institutional investors and hedge funds own 84.34% of the company’s stock.

About Capri

Capri Holdings Limited designs, markets, distributes, and retails branded women's and men's apparel, footwear, and accessories in the United States, Canada, Latin America, Europe, the Middle East, Africa, and Asia. It operates through three segments: Versace, Jimmy Choo, and Michael Kors. The company offers ready-to-wear, accessories, footwear, handbags, scarves and belts, small leather goods, eyewear, watches, jewelry, fragrances, and home furnishings through a distribution network, including boutiques, department, and specialty stores, as well as through e-commerce sites.