Capri (NYSE:CPRI) Shares Down 7.1% Following Analyst Downgrade

Capri Holdings Limited (NYSE:CPRI)’s stock price dropped 7.1% on Friday after JPMorgan Chase & Co. lowered their price target on the stock from $31.00 to $29.00. JPMorgan Chase & Co. currently has an overweight rating on the stock. Capri traded as low as $18.23 and last traded at $18.34. Approximately 2,320,154 shares changed hands during mid-day trading, a decline of 25% from the average daily volume of 3,081,684 shares. The stock had previously closed at $19.74.

Several other brokerages also recently issued reports on CPRI. Weiss Ratings restated a “sell (e+)” rating on shares of Capri in a research report on Monday, May 4th. TD Cowen reiterated a “buy” rating on shares of Capri in a research note on Wednesday, February 4th. Telsey Advisory Group dropped their price target on Capri from $23.00 to $21.00 and set a “market perform” rating for the company in a report on Thursday. Robert W. Baird upgraded Capri from a “neutral” rating to an “outperform” rating and set a $26.00 price target for the company in a research note on Wednesday, February 4th. Finally, Wells Fargo & Company decreased their price objective on Capri from $21.00 to $20.00 and set an “equal weight” rating on the stock in a report on Thursday. One analyst has rated the stock with a Strong Buy rating, six have given a Buy rating, eight have given a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat.com, Capri presently has an average rating of “Hold” and a consensus price target of $24.79.

Insider Buying and Selling at Capri

In other Capri news, CEO John D. Idol purchased 55,000 shares of the company’s stock in a transaction dated Wednesday, March 11th. The stock was bought at an average cost of $17.98 per share, for a total transaction of $988,900.00. Following the completion of the transaction, the chief executive officer owned 2,257,645 shares in the company, valued at approximately $40,592,457.10. This represents a 2.50% increase in their ownership of the stock. The acquisition was disclosed in a document filed with the SEC, which is available through this link. Insiders own 2.30% of the company’s stock.

Capri News Summary

Here are the key news stories impacting Capri this week:

• Positive Sentiment: BTIG Research reaffirmed its buy rating on Capri and kept a $30 price target, signaling confidence in meaningful upside from current levels.
• Positive Sentiment: JPMorgan Chase & Co. still rates Capri overweight, even though it trimmed its price target to $29 from $31, suggesting the bank remains constructive on the stock’s longer-term recovery. JPMorgan lowers Capri price target to $29 while keeping overweight
• Neutral Sentiment: Capri released its Q4 2026 earnings presentation and transcript, giving investors more detail on the company’s outlook and recent operating performance. Capri Holdings Limited 2026 Q4 Results Earnings Call Presentation
• Neutral Sentiment: Capri’s latest results were mixed: it beat EPS expectations, but revenue came in slightly below estimates and sales fell sharply year over year, keeping sentiment cautious.
• Negative Sentiment: Bank of America cut its price target to $20 from $23 and moved to a neutral stance, reflecting softer expectations for near-term upside. Bank of America lowers Capri price target to $20 and rates neutral
• Negative Sentiment: Telsey Advisory Group lowered its target to $21 from $23 and kept a market perform rating, adding to the cautious tone around Capri’s recovery. Telsey lowers Capri price target to $21 and rates market perform

Institutional Trading of Capri

A number of institutional investors and hedge funds have recently made changes to their positions in the company. Arizona State Retirement System increased its holdings in shares of Capri by 1.4% in the third quarter. Arizona State Retirement System now owns 34,894 shares of the company’s stock worth $695,000 after purchasing an additional 483 shares during the period. Los Angeles Capital Management LLC boosted its stake in Capri by 1.3% during the fourth quarter. Los Angeles Capital Management LLC now owns 41,707 shares of the company’s stock valued at $1,018,000 after buying an additional 550 shares during the period. Empowered Funds LLC grew its position in Capri by 3.4% during the fourth quarter. Empowered Funds LLC now owns 16,580 shares of the company’s stock worth $405,000 after buying an additional 550 shares in the last quarter. Rockefeller Capital Management L.P. grew its position in Capri by 14.8% during the fourth quarter. Rockefeller Capital Management L.P. now owns 4,303 shares of the company’s stock worth $105,000 after buying an additional 555 shares in the last quarter. Finally, Oregon Public Employees Retirement Fund increased its stake in Capri by 2.5% in the 1st quarter. Oregon Public Employees Retirement Fund now owns 24,444 shares of the company’s stock worth $431,000 after acquiring an additional 600 shares during the last quarter. Institutional investors own 84.34% of the company’s stock.

Capri Trading Down 7.2%

The company has a current ratio of 1.21, a quick ratio of 0.52 and a debt-to-equity ratio of 4.08. The stock has a market cap of $2.18 billion, a PE ratio of 16.10, a PEG ratio of 0.24 and a beta of 1.43. The firm has a fifty day simple moving average of $18.79 and a two-hundred day simple moving average of $21.52.

Capri (NYSE:CPRI) last announced its earnings results on Wednesday, May 27th. The company reported $0.22 earnings per share for the quarter, beating analysts’ consensus estimates of $0.11 by $0.11. The business had revenue of $796.00 million for the quarter, compared to the consensus estimate of $800.04 million. Capri had a net margin of 3.94% and a return on equity of 664.22%. Capri’s quarterly revenue was down 23.1% on a year-over-year basis. During the same period last year, the firm posted ($4.90) earnings per share. Capri has set its FY 2027 guidance at 2.150-2.150 EPS and its Q1 2027 guidance at 0.400-0.400 EPS. As a group, equities analysts expect that Capri Holdings Limited will post 2.15 earnings per share for the current fiscal year.

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.