Capri (NYSE:CPRI) Releases Q3 2026 Earnings Guidance

Capri (NYSE:CPRI) issued an update on its third quarter 2026 earnings guidance on Tuesday morning. 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.

Capri Price Performance

CPRI stock traded down $0.51 on Thursday, reaching $21.74. The company had a trading volume of 811,758 shares, compared to its average volume of 3,360,539. The company has a market cap of $2.59 billion, a P/E ratio of -2.31, a PEG ratio of 0.45 and a beta of 1.90. The company has a debt-to-equity ratio of 3.97, a quick ratio of 0.61 and a current ratio of 1.17. The company’s fifty day moving average is $21.02 and its 200 day moving average is $19.12. Capri has a 1 year low of $11.86 and a 1 year high of $26.23.

Capri (NYSE:CPRI) last released its quarterly earnings data on Tuesday, November 4th. The company reported ($0.03) EPS for the quarter, missing analysts’ consensus estimates of $0.14 by ($0.17). The firm had revenue of $856.00 million for the quarter, compared to analyst estimates of $825.74 million. Capri had a negative return on equity of 53.50% and a negative net margin of 26.73%. Capri has set its Q3 2026 guidance at 0.700-0.80 EPS. FY 2026 guidance at 1.200-1.400 EPS. On average, research analysts forecast that Capri will post 0.98 earnings per share for the current year.

Analyst Ratings Changes

Several research firms have weighed in on CPRI. JPMorgan Chase & Co. upgraded shares of Capri from a “neutral” rating to an “overweight” rating and lifted their price objective for the stock from $21.00 to $30.00 in a research report on Wednesday, August 13th. Weiss Ratings restated a “sell (d-)” rating on shares of Capri in a research note on Wednesday, October 8th. BTIG Research initiated coverage on shares of Capri in a research note on Tuesday, October 14th. They set a “buy” rating and a $30.00 price target for the company. Jefferies Financial Group raised their price objective on shares of Capri from $19.00 to $21.00 and gave the stock a “hold” rating in a report on Thursday, October 23rd. Finally, Raymond James Financial raised shares of Capri from a “market perform” rating to an “outperform” rating and set a $25.00 price objective on the stock in a research note on Tuesday, October 21st. Seven analysts have rated the stock with a Buy rating, eight have issued a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Hold” and an average price target of $24.50.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently made changes to their positions in CPRI. State Street Corp lifted its stake in Capri by 19.3% in the 2nd quarter. State Street Corp now owns 4,479,231 shares of the company’s stock valued at $79,282,000 after purchasing an additional 724,967 shares during the last quarter. Bank of America Corp DE increased its position in shares of Capri by 125.2% during the second quarter. Bank of America Corp DE now owns 693,849 shares of the company’s stock worth $12,281,000 after buying an additional 385,785 shares during the period. Federated Hermes Inc. grew its holdings in Capri by 1,480.7% in the second quarter. Federated Hermes Inc. now owns 347,206 shares of the company’s stock worth $6,146,000 after purchasing an additional 325,241 shares during the period. Royal Bank of Canada grew its holdings in Capri by 70.0% in the first quarter. Royal Bank of Canada now owns 380,838 shares of the company’s stock worth $7,514,000 after purchasing an additional 156,757 shares during the period. Finally, Goldman Sachs Group Inc. raised its position in Capri by 22.4% in the first quarter. Goldman Sachs Group Inc. now owns 764,509 shares of the company’s stock worth $15,084,000 after acquiring an additional 139,809 shares during the period. 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.