BTIG Research Issues Pessimistic Forecast for Capri (NYSE:CPRI) Stock Price

Capri (NYSE:CPRI) had its price objective reduced by BTIG Research from $30.00 to $25.00 in a research report issued to clients and investors on Thursday, Marketbeat.com reports. The brokerage currently has a “buy” rating on the stock. BTIG Research’s price objective points to a potential upside of 63.35% from the company’s current price.

Other analysts have also recently issued research reports about the stock. Weiss Ratings raised shares of Capri from a “sell (e+)” rating to a “sell (d)” rating in a research note on Thursday, May 28th. TD Cowen lowered shares of Capri from a “buy” rating to a “hold” rating and cut their price target for the stock from $20.00 to $17.00 in a report on Thursday. Bank of America decreased their price objective on Capri from $23.00 to $20.00 and set a “neutral” rating for the company in a report on Thursday, May 28th. Telsey Advisory Group lowered their target price on Capri from $21.00 to $18.00 and set a “market perform” rating for the company in a research report on Thursday. Finally, JPMorgan Chase & Co. cut their target price on Capri from $29.00 to $22.00 and set an “overweight” rating on the stock in a report on Tuesday. One research analyst has rated the stock with a Strong Buy rating, five have assigned a Buy rating, nine have issued a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat, Capri presently has an average rating of “Hold” and an average price target of $21.93.

Capri Price Performance

Shares of NYSE CPRI opened at $15.30 on Thursday. The firm has a market cap of $1.76 billion, a PE ratio of 11.77, a PEG ratio of 0.27 and a beta of 1.41. The company has a current ratio of 1.19, a quick ratio of 0.60 and a debt-to-equity ratio of 2.27. Capri has a 1-year low of $14.77 and a 1-year high of $28.26. The company has a fifty day moving average price of $18.00 and a 200 day moving average price of $19.12.

Capri (NYSE:CPRI) last posted its quarterly earnings results on Wednesday, August 5th. The company reported $0.67 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.40 by $0.27. The firm had revenue of $769.00 million for the quarter, compared to analyst estimates of $757.61 million. Capri had a net margin of 4.44% and a return on equity of 297.36%. The company’s quarterly revenue was down 3.5% compared to the same quarter last year. During the same period in the prior year, the firm 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. Research analysts predict that Capri will post 2.08 earnings per share for the current fiscal year.

Insider Transactions at Capri

In other news, Director Stephen F. Reitman sold 17,981 shares of the firm’s stock in a transaction 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 document filed with the Securities & Exchange Commission, which can be accessed through this link. 2.60% of the stock is owned by company insiders.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in CPRI. Measured Wealth Private Client Group LLC increased its position in Capri by 299.7% in the first quarter. Measured Wealth Private Client Group LLC now owns 1,523 shares of the company’s stock worth $27,000 after buying an additional 1,142 shares during the last quarter. Quantbot Technologies LP bought a new stake in shares of Capri in the second quarter valued at approximately $39,000. Caitong International Asset Management Co. Ltd lifted its stake in shares of Capri by 273.9% during the 4th quarter. Caitong International Asset Management Co. Ltd now owns 2,236 shares of the company’s stock valued at $55,000 after buying an additional 1,638 shares in the last quarter. MidFirst Bank purchased a new position in Capri in the 4th quarter valued at approximately $77,000. Finally, Hantz Financial Services Inc. raised its holdings in Capri by 57.9% during the 4th quarter. Hantz Financial Services Inc. now owns 4,266 shares of the company’s stock valued at $104,000 after acquiring an additional 1,565 shares during the period. 84.34% of the stock is currently owned by hedge funds and other institutional investors.

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

About Capri

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.