Capri (NYSE:CPRI) Releases FY 2026 Earnings Guidance

Capri (NYSE:CPRI) issued an update on its FY 2026 earnings guidance on Tuesday morning. The company provided earnings per share (EPS) guidance of 1.300-1.400 for the period, compared to the consensus estimate of 1.390. The company issued revenue guidance of $3.5 billion-$3.5 billion, compared to the consensus revenue estimate of $3.5 billion.

Analyst Upgrades and Downgrades

Several research firms have recently commented on CPRI. Raymond James Financial raised Capri from a “market perform” rating to an “outperform” rating and set a $25.00 target price for the company in a research note on Tuesday, October 21st. Guggenheim upgraded Capri to a “strong-buy” rating in a research report on Wednesday, December 10th. Citigroup raised Capri from a “buy” rating to a “mixed” rating in a report on Tuesday, January 20th. Wells Fargo & Company reaffirmed an “equal weight” rating and issued a $27.00 target price (up previously from $25.00) on shares of Capri in a research note on Tuesday, December 16th. Finally, Telsey Advisory Group reiterated a “market perform” rating and set a $23.00 price target on shares of Capri in a research report on Tuesday. One research analyst has rated the stock with a Strong Buy rating, four have issued a Buy rating, nine have issued a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat.com, Capri currently has a consensus rating of “Hold” and an average price target of $27.50.

Capri Price Performance

NYSE CPRI traded down $2.53 during trading on Tuesday, reaching $20.61. 1,329,107 shares of the company’s stock were exchanged, compared to its average volume of 2,616,544. Capri has a fifty-two week low of $11.86 and a fifty-two week high of $28.26. The stock has a market capitalization of $2.46 billion, a P/E ratio of -2.12, a PEG ratio of 0.44 and a beta of 1.45. The business has a 50 day moving average price of $25.19 and a 200-day moving average price of $22.37.

Capri (NYSE:CPRI) last issued its earnings results on Tuesday, February 3rd. The company reported $0.81 EPS for the quarter, topping the consensus estimate of $0.78 by $0.03. Capri had a negative return on equity of 138.53% and a negative net margin of 29.55%.During the same quarter in the prior year, the company posted $0.63 earnings per share. Capri’s quarterly revenue was down 4.0% on a year-over-year basis. Capri has set its FY 2026 guidance at 1.300-1.400 EPS. On average, analysts forecast that Capri will post 0.98 earnings per share for the current year.

Insider Buying and Selling at Capri

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

Trending Headlines about Capri

Here are the key news stories impacting Capri this week:

• Positive Sentiment: Reported adjusted EPS of $0.81, beating consensus $0.77 — a surprise beat that likely supported the stock rally. Press Release
• Positive Sentiment: Capri raised its annual revenue forecast, citing steady demand across Jimmy Choo and Michael Kors — a top‑line improvement that supports growth expectations. Article Title
• Positive Sentiment: BTIG reiterated a Buy rating on CPRI, providing additional analyst support that can bolster investor sentiment. Article Title
• Neutral Sentiment: Capri set FY‑2026 EPS guidance of $1.30–$1.40 (consensus ~$1.39) and revenue guidance near $3.5B — broadly in line with expectations but with limited upside vs. consensus. Press Release
• Neutral Sentiment: Recent analyst/valuation pieces are assessing CPRI after recent share volatility — useful for longer‑term context but not direct catalysts. Assessing Capri Valuation Earnings Preview
• Negative Sentiment: Third‑quarter revenue fell ~4% (5.9% in constant currency) and operating margin remains modest (4.5%; adjusted 7.7%), flagging near‑term top‑line pressure. Q3 Results
• Negative Sentiment: Company-level profitability metrics remain concerning (reported negative net margin and a negative return on equity), which could weigh on valuation despite the recent beat. Press Release

Institutional Trading of Capri

Several hedge funds and other institutional investors have recently bought and sold shares of CPRI. California State Teachers Retirement System grew its position in shares of Capri by 0.7% during the 2nd quarter. California State Teachers Retirement System now owns 108,789 shares of the company’s stock worth $1,926,000 after purchasing an additional 734 shares in the last quarter. Integrated Wealth Concepts LLC boosted its stake in shares of Capri by 4.9% in the third quarter. Integrated Wealth Concepts LLC now owns 20,246 shares of the company’s stock valued at $403,000 after buying an additional 940 shares during the period. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. boosted its stake in shares of Capri by 13.5% in the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 11,034 shares of the company’s stock valued at $218,000 after buying an additional 1,313 shares during the period. Quantbot Technologies LP acquired a new stake in Capri during the second quarter worth approximately $39,000. Finally, Invesco Ltd. increased its stake in Capri by 0.6% during the 2nd quarter. Invesco Ltd. now owns 388,928 shares of the company’s stock worth $6,884,000 after acquiring an additional 2,373 shares during the period. Institutional investors and hedge funds own 84.34% of the company’s stock.

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.