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.

Capri Stock Performance

NYSE CPRI opened at $23.12 on Tuesday. The business’s fifty day moving average is $25.19 and its 200 day moving average is $22.37. Capri has a fifty-two week low of $11.86 and a fifty-two week high of $28.26. The company has a market capitalization of $2.75 billion, a PE ratio of -2.35, a price-to-earnings-growth ratio of 0.44 and a beta of 1.45.

Capri (NYSE:CPRI) last issued its quarterly earnings results on Tuesday, February 3rd. The company reported $0.81 earnings per share for the quarter, beating the consensus estimate of $0.77 by $0.04. Capri had a negative net margin of 29.55% and a negative return on equity of 138.53%. Capri has set its FY 2026 guidance at 1.300-1.400 EPS. On average, sell-side analysts forecast that Capri will post 0.98 EPS for the current year.

Wall Street Analyst Weigh In

Several equities research analysts have recently issued reports on CPRI shares. UBS Group set a $32.00 target price on shares of Capri in a report on Thursday, January 22nd. Guggenheim upgraded shares of Capri to a “strong-buy” rating in a research note on Wednesday, December 10th. Telsey Advisory Group reissued a “market perform” rating and set a $23.00 price objective on shares of Capri in a report on Tuesday. Robert W. Baird set a $26.00 target price on Capri in a report on Wednesday, December 17th. Finally, Raymond James Financial upgraded Capri from a “market perform” rating to an “outperform” rating and set a $25.00 target price on the stock in a research report on Tuesday, October 21st. One analyst has rated the stock with a Strong Buy rating, four have given a Buy rating, nine have given a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat.com, Capri presently has a consensus rating of “Hold” and a consensus target price of $27.50.

Insider Activity

In other news, CFO Rajal Mehta sold 10,000 shares of the company’s stock in a transaction that occurred on Tuesday, December 9th. The stock was sold at an average price of $25.96, for a total transaction of $259,600.00. Following the transaction, the chief financial officer owned 741 shares of the company’s stock, valued at approximately $19,236.36. This 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 this link. 2.30% of the stock is owned by company insiders.

Institutional Investors Weigh In On Capri

Hedge funds have recently made changes to their positions in the company. CIBC Bancorp USA Inc. purchased a new position in shares of Capri in the 3rd quarter valued at $247,000. Integrated Wealth Concepts LLC grew its stake in 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 purchasing an additional 940 shares during the last quarter. Gotham Asset Management LLC raised its holdings in Capri by 41.4% in the third quarter. Gotham Asset Management LLC now owns 229,247 shares of the company’s stock worth $4,567,000 after purchasing an additional 67,114 shares in the last quarter. Bank of America Corp DE lifted its position in shares of Capri by 10.3% during the third quarter. Bank of America Corp DE now owns 765,097 shares of the company’s stock valued at $15,241,000 after buying an additional 71,248 shares during the last quarter. Finally, Algert Global LLC bought a new stake in shares of Capri in the 3rd quarter valued at about $3,568,000. 84.34% of the stock is currently owned by hedge funds and other institutional investors.

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.