Capri (NYSE:CPRI) Shares Down 8.4% – Here’s Why

Capri Holdings Limited (NYSE:CPRI)’s share price was down 8.4% during trading on Tuesday . The stock traded as low as $22.35 and last traded at $21.1990. Approximately 700,088 shares changed hands during trading, a decline of 73% from the average daily volume of 2,612,046 shares. The stock had previously closed at $23.14.

More Capri News

Here are the key news stories impacting Capri this week:

• Positive Sentiment: Capri beat quarterly EPS and revenue estimates — reported $0.81 adj. EPS vs. $0.78 expected and revenue of ~$1.02B slightly above forecasts, showing operating leverage vs. year-ago results. Capri Holdings (CPRI) Surpasses Q3 Earnings and Revenue Estimates
• Positive Sentiment: Company raised its annual revenue outlook and cited strength at Jimmy Choo (and Michael Kors handbags/apparel), which supports medium-term topline recovery expectations. Michael Kors parent Capri hikes annual revenue forecast
• Positive Sentiment: Non-core actions and brand initiatives helped drive a swing to adjusted profitability this quarter (Versace sale and other strategic moves noted by management). Capri Holdings gains after strategic initiatives pay off in FQ3
• Neutral Sentiment: Analysts largely maintained ratings and price targets (Telsey reaffirmed “market perform” with a $23 PT; BTIG reiterated buy), showing no consensus shock from results. Telsey Advisory Group rating note (Benzinga)
• Neutral Sentiment: Capri provided FY2026 EPS guidance of $1.30–$1.40 (range includes the street but midpoint is slightly below some consensus points), leaving room for mixed investor interpretation. Capri Holdings Announces Third Quarter Fiscal 2026 Results
• Negative Sentiment: Revenue contracted ~4% YoY (down ~5.9% in constant currency) and management flagged margin pressure; adjusted operating margin was 7.7% and reported operating margin 4.5%, which disappointed investors focusing on top-line momentum. Capri Holdings shares slip on Q3 revenue decline, margin pressures
• Negative Sentiment: Company still shows a negative net margin and negative ROE on a reported basis (impacted by non-recurring items), and the mixed guidance/earnings mix likely prompted sell-side re-risking; heavy trading volume suggests the beat wasn’t enough to offset concerns. Capri Earnings Snapshot and Metrics (MarketBeat)

Analyst Ratings Changes

A number of research analysts have issued reports on the company. Weiss Ratings restated a “sell (d-)” rating on shares of Capri in a research note on Wednesday, January 21st. Jefferies Financial Group assumed coverage on Capri in a research note on Wednesday, January 14th. They issued a “hold” rating and a $24.00 price objective on the stock. BTIG Research reaffirmed a “buy” rating and set a $30.00 price target on shares of Capri in a research report on Friday. Robert W. Baird set a $26.00 target price on shares of Capri in a research report on Wednesday, December 17th. Finally, Citigroup upgraded shares of Capri from a “buy” rating to a “mixed” rating in a research note on Tuesday, January 20th. One investment analyst has rated the stock with a Strong Buy rating, four have issued a Buy rating, nine have assigned a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat.com, the stock has a consensus rating of “Hold” and a consensus target price of $27.50.

Capri Stock Down 11.5%

The company has a fifty day simple moving average of $25.19 and a 200 day simple moving average of $22.37. The firm has a market capitalization of $2.44 billion, a P/E ratio of -2.09, a P/E/G ratio of 0.44 and a beta of 1.45.

Capri (NYSE:CPRI) last announced its quarterly earnings data on Tuesday, February 3rd. The company reported $0.81 EPS for the quarter, beating the consensus estimate of $0.78 by $0.03. Capri had a negative net margin of 29.55% and a negative return on equity of 138.53%. The firm had revenue of $1.03 billion for the quarter, compared to the consensus estimate of $999.84 million. During the same period last year, the firm earned $0.63 EPS. The company’s revenue was down 4.0% on a year-over-year basis. Capri has set its FY 2026 guidance at 1.300-1.400 EPS. As a group, equities analysts expect that Capri Holdings Limited will post 0.98 earnings per share for the current fiscal year.

Insiders Place Their Bets

In other Capri news, CFO Rajal Mehta sold 10,000 shares of the stock in a transaction dated Tuesday, December 9th. The stock was sold at an average price of $25.96, for a total value of $259,600.00. Following the completion of the sale, the chief financial officer directly owned 741 shares in the company, valued at approximately $19,236.36. This trade represents a 93.10% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. 2.30% of the stock is currently owned by company insiders.

Hedge Funds Weigh In On Capri

Hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Aster Capital Management DIFC Ltd purchased a new stake in shares of Capri during the 3rd quarter worth $39,000. Quantbot Technologies LP acquired a new stake in Capri during the second quarter worth approximately $39,000. CWM LLC grew its position in shares of Capri by 37.2% in the 2nd quarter. CWM LLC now owns 2,360 shares of the company’s stock valued at $42,000 after buying an additional 640 shares during the last quarter. Hantz Financial Services Inc. lifted its position in Capri by 167.4% in the third quarter. Hantz Financial Services Inc. now owns 2,701 shares of the company’s stock valued at $54,000 after acquiring an additional 1,691 shares during the last quarter. Finally, Root Financial Partners LLC purchased a new position in shares of Capri during the third quarter worth about $60,000. Hedge funds and other institutional investors own 84.34% of the company’s stock.

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.