Telsey Advisory Group Has Lowered Expectations for Capri (NYSE:CPRI) Stock Price

Key Points

• Telsey Advisory Group lowered its price target on Capri from $23 to $21 while keeping a market perform rating. The new target still implies about 15% upside from the prior close.
• Analyst views on Capri remain mixed, but the overall stance is cautious: the stock has a consensus rating of Hold and an average price target of $25.14. Other firms also recently trimmed targets, including Bank of America and Barclays.
• Capri’s latest quarter was better than expected on earnings, with EPS of $0.22 beating estimates, but revenue fell 23.1% year over year and missed expectations slightly. Management also guided Q1 revenue below consensus, signaling that sales pressure may continue despite the earnings beat.

Capri (NYSE:CPRI - Get Free Report) had its target price decreased by stock analysts at Telsey Advisory Group from $23.00 to $21.00 in a research note issued to investors on Thursday. The firm presently has a "market perform" rating on the stock. Telsey Advisory Group's price objective would indicate a potential upside of 15.10% from the company's previous close.

Several other analysts also recently issued reports on the company. Raymond James Financial restated an "outperform" rating and set a $22.00 price objective on shares of Capri in a report on Thursday. Weiss Ratings restated a "sell (e+)" rating on shares of Capri in a report on Monday, May 4th. Bank of America cut their price objective on Capri from $23.00 to $20.00 and set a "neutral" rating on the stock in a report on Thursday. Barclays lowered their target price on Capri from $32.00 to $24.00 and set an "overweight" rating on the stock in a research note on Wednesday, April 8th. Finally, UBS Group reaffirmed a "neutral" rating and set a $22.00 target price on shares of Capri in a research note on Wednesday, February 4th. One analyst has rated the stock with a Strong Buy rating, six have issued a Buy rating, eight have assigned a Hold rating and one has given a Sell rating to the stock. According to MarketBeat.com, Capri presently has an average rating of "Hold" and a consensus price target of $25.14.

Capri Price Performance

NYSE CPRI opened at $18.25 on Thursday. The stock's 50-day moving average price is $18.77 and its two-hundred day moving average price is $21.53. The company has a current ratio of 1.14, a quick ratio of 0.52 and a debt-to-equity ratio of 2.07. The company has a market cap of $2.17 billion, a PE ratio of -4.28, a PEG ratio of 0.29 and a beta of 1.43. Capri has a 1 year low of $16.22 and a 1 year high of $28.26.

Capri (NYSE:CPRI - Get Free Report) last posted its quarterly earnings data on Wednesday, May 27th. The company reported $0.22 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.11 by $0.11. The firm had revenue of $796.00 million for the quarter, compared to the consensus estimate of $800.04 million. Capri had a negative return on equity of 430.23% and a negative net margin of 13.57%.The business's revenue for the quarter 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 predict that Capri will post 1.39 EPS for the current year.

Insiders Place Their Bets

In other Capri news, CEO John D. Idol bought 55,000 shares of the stock in a transaction on Wednesday, March 11th. The shares were bought at an average price of $17.98 per share, with a total value of $988,900.00. Following the purchase, the chief executive officer directly owned 2,257,645 shares in the company, valued at $40,592,457.10. The trade was a 2.50% increase in their position. The acquisition was disclosed in a document filed 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

Several institutional investors and hedge funds have recently bought and sold shares of CPRI. Measured Wealth Private Client Group LLC grew its stake in shares of Capri by 299.7% in the 1st quarter. Measured Wealth Private Client Group LLC now owns 1,523 shares of the company's stock valued at $27,000 after buying an additional 1,142 shares in the last quarter. Aster Capital Management DIFC Ltd bought a new stake in shares of Capri in the 3rd quarter valued at approximately $39,000. Quantbot Technologies LP bought a new stake in shares of Capri in the 2nd quarter valued at approximately $39,000. Caitong International Asset Management Co. Ltd grew its stake in shares of Capri by 273.9% in 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. Finally, Hantz Financial Services Inc. grew its stake in shares of Capri by 167.4% in the 3rd quarter. Hantz Financial Services Inc. now owns 2,701 shares of the company's stock valued at $54,000 after buying an additional 1,691 shares in the last quarter. Hedge funds and other institutional investors own 84.34% of the company's stock.

More Capri News

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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