Capri's (CPRI) Buy Rating Reiterated at BTIG Research

Key Points

• BTIG Research reiterated a Buy rating on Capri and set a $30 price target, implying about 64% upside from the current share price.
• Capri’s latest earnings beat expectations, with Q4 EPS of $0.22 versus the $0.11 consensus estimate, even though revenue fell 23.1% year over year and missed slightly.
• The company also raised FY2027 EPS guidance to $2.15, but analysts overall remain cautious: MarketBeat shows a Hold consensus with a $25.69 average price target.

Capri (NYSE:CPRI - Get Free Report)'s stock had its "buy" rating reiterated by analysts at BTIG Research in a research report issued to clients and investors on Thursday,Benzinga reports. They currently have a $30.00 price target on the stock. BTIG Research's target price indicates a potential upside of 64.43% from the company's current price.

CPRI has been the topic of several other research reports. Telsey Advisory Group restated a "market perform" rating and issued a $23.00 target price on shares of Capri in a report on Tuesday, February 3rd. TD Cowen reissued a "buy" rating on shares of Capri in a research report on Wednesday, February 4th. Barclays dropped their target price on Capri from $32.00 to $24.00 and set an "overweight" rating on the stock in a report on Wednesday, April 8th. Robert W. Baird raised Capri from a "neutral" rating to an "outperform" rating and set a $26.00 price target on the stock in a research note on Wednesday, February 4th. Finally, Wells Fargo & Company cut their price objective on Capri from $27.00 to $21.00 and set an "equal weight" rating on the stock in a report on Wednesday, February 4th. One analyst has rated the stock with a Strong Buy rating, six have given a Buy rating, seven have issued a Hold rating and one has given a Sell rating to the company's stock. Based on data from MarketBeat, Capri presently has an average rating of "Hold" and a consensus price target of $25.69.

Capri Price Performance

CPRI stock opened at $18.25 on Thursday. The firm has a market cap of $2.17 billion, a P/E ratio of -4.28, a P/E/G ratio of 0.29 and a beta of 1.43. The company has a quick ratio of 0.52, a current ratio of 1.14 and a debt-to-equity ratio of 2.07. The company's 50-day moving average price is $18.77 and its two-hundred day moving average price is $21.53. Capri has a 12 month low of $16.22 and a 12 month high of $28.26.

Capri (NYSE:CPRI - Get Free Report) last released its earnings results on Wednesday, May 27th. The company reported $0.22 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.11 by $0.11. The company had revenue of $796.00 million for the quarter, compared to the consensus estimate of $800.04 million. Capri had a negative net margin of 13.57% and a negative return on equity of 430.23%. Capri's quarterly revenue was down 23.1% compared to the same quarter last year. During the same quarter in the previous year, the company earned ($4.90) EPS. Capri has set its FY 2027 guidance at 2.150-2.150 EPS and its Q1 2027 guidance at 0.400-0.400 EPS. On average, analysts anticipate that Capri will post 1.39 earnings per share for the current fiscal year.

Insider Transactions at Capri

In other Capri news, CEO John D. Idol purchased 55,000 shares of the company's stock in a transaction that occurred on Wednesday, March 11th. The stock was purchased at an average cost of $17.98 per share, with a total value of $988,900.00. Following the acquisition, the chief executive officer directly owned 2,257,645 shares of the company's stock, valued at approximately $40,592,457.10. This trade represents a 2.50% increase in their position. The acquisition was disclosed in a filing with the SEC, which is available through this link. 2.30% of the stock is owned by corporate insiders.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently bought and sold shares of the stock. Arrowstreet Capital Limited Partnership acquired a new stake in shares of Capri in the 4th quarter valued at approximately $53,759,000. Norges Bank bought a new position in shares of Capri in the fourth quarter valued at approximately $50,228,000. Cartenna Capital LP bought a new position in shares of Capri in the third quarter valued at approximately $29,382,000. Cooper Creek Partners Management LLC purchased a new stake in shares of Capri during the first quarter valued at approximately $23,784,000. Finally, Segall Bryant & Hamill LLC boosted its stake in Capri by 92.6% during the first quarter. Segall Bryant & Hamill LLC now owns 2,734,735 shares of the company's stock valued at $48,186,000 after buying an additional 1,314,611 shares during the period. Institutional investors and hedge funds own 84.34% of the company's stock.

Capri News Summary

Here are the key news stories impacting Capri this week:

• Positive Sentiment: Capri posted adjusted EPS of $0.22 for fiscal Q4, more than double the $0.11 consensus estimate, signaling better-than-expected earnings performance. Article: Capri Holdings (CPRI) Q4 Earnings Surpass Estimates
• Positive Sentiment: The company raised FY27 EPS guidance to $2.15, above Wall Street’s estimate of $1.85, suggesting management sees continued earnings improvement ahead. Article: Capri Holdings Limited (CPRI) Q4 2026 Earnings Call Transcript
• Positive Sentiment: Investors also reacted to unusual bullish options activity, with call volume surging well above normal, which can reflect speculative optimism around the stock.
• Neutral Sentiment: Management’s Q1 FY27 EPS outlook of $0.40 topped expectations, but revenue guidance of $750 million came in below the consensus estimate of about $792.7 million, keeping the sales outlook cautious. Article: Capri Holdings Limited Announces Fourth Quarter and Full Year Fiscal 2026 Results
• Negative Sentiment: Fourth-quarter revenue of $796 million missed expectations slightly and fell 23.1% year over year, reinforcing concerns that top-line growth remains weak despite the earnings beat. Article: Capri Holdings reports mixed financial results for the fourth quarter

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.

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