Capri (NYSE:CPRI) Shares Down 7.1% on Analyst Downgrade

Posted by Geri Gentry on May 29th, 2026

Capri Holdings Limited (NYSE:CPRI – Get Free Report)’s share price traded down 7.1% during mid-day trading on Friday after JPMorgan Chase & Co. lowered their price target on the stock from $31.00 to $29.00. JPMorgan Chase & Co. currently has an overweight rating on the stock. Capri traded as low as $18.23 and last traded at $18.34. 2,320,154 shares were traded during mid-day trading, a decline of 25% from the average session volume of 3,081,684 shares. The stock had previously closed at $19.74.

CPRI has been the subject of several other reports. Bank of America cut their price target on shares of Capri from $23.00 to $20.00 and set a “neutral” rating for the company in a research report on Thursday. Robert W. Baird raised Capri from a “neutral” rating to an “outperform” rating and set a $26.00 target price for the company in a research note on Wednesday, February 4th. Weiss Ratings restated a “sell (e+)” rating on shares of Capri in a research report on Monday, May 4th. Barclays decreased their target price on shares of Capri from $32.00 to $24.00 and set an “overweight” rating on the stock in a research note on Wednesday, April 8th. Finally, Wells Fargo & Company cut their price target on shares of Capri from $21.00 to $20.00 and set an “equal weight” rating on the stock in a report on Thursday. One investment analyst has rated the stock with a Strong Buy rating, six have issued a Buy rating, eight have issued a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat.com, Capri presently has an average rating of “Hold” and an average price target of $24.79.

Read Our Latest Stock Report on Capri

Insiders Place Their Bets

In other news, CEO John D. Idol bought 55,000 shares of the company’s stock in a transaction dated Wednesday, March 11th. The shares were purchased at an average price of $17.98 per share, for a total transaction of $988,900.00. Following the completion of the purchase, the chief executive officer owned 2,257,645 shares in the company, valued at approximately $40,592,457.10. This represents a 2.50% increase in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Corporate insiders own 2.30% of the company’s stock.

Capri News Summary

Here are the key news stories impacting Capri this week:

Positive Sentiment: BTIG Research reaffirmed its buy rating on Capri and kept a $30 price target, signaling confidence in meaningful upside from current levels.
Positive Sentiment: JPMorgan Chase & Co. still rates Capri overweight, even though it trimmed its price target to $29 from $31, suggesting the bank remains constructive on the stock’s longer-term recovery. JPMorgan lowers Capri price target to $29 while keeping overweight
Neutral Sentiment: Capri released its Q4 2026 earnings presentation and transcript, giving investors more detail on the company’s outlook and recent operating performance. Capri Holdings Limited 2026 Q4 Results Earnings Call Presentation
Neutral Sentiment: Capri’s latest results were mixed: it beat EPS expectations, but revenue came in slightly below estimates and sales fell sharply year over year, keeping sentiment cautious.
Negative Sentiment: Bank of America cut its price target to $20 from $23 and moved to a neutral stance, reflecting softer expectations for near-term upside. Bank of America lowers Capri price target to $20 and rates neutral
Negative Sentiment: Telsey Advisory Group lowered its target to $21 from $23 and kept a market perform rating, adding to the cautious tone around Capri’s recovery. Telsey lowers Capri price target to $21 and rates market perform

Institutional Inflows and Outflows

Several hedge funds have recently modified their holdings of the business. Vanguard Group Inc. increased its holdings in Capri by 1.0% in the 4th quarter. Vanguard Group Inc. now owns 11,701,832 shares of the company’s stock worth $285,525,000 after buying an additional 121,209 shares in the last quarter. State Street Corp grew its stake in shares of Capri by 19.3% in the second quarter. State Street Corp now owns 4,479,231 shares of the company’s stock worth $79,282,000 after acquiring an additional 724,967 shares during the period. Segall Bryant & Hamill LLC raised its holdings in shares of 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 purchasing an additional 1,314,611 shares during the last quarter. Arrowstreet Capital Limited Partnership bought a new position in Capri during the fourth quarter valued at approximately $53,759,000. Finally, Dimensional Fund Advisors LP boosted its holdings in Capri by 34.7% in the first quarter. Dimensional Fund Advisors LP now owns 2,165,618 shares of the company’s stock worth $38,154,000 after purchasing an additional 557,955 shares during the last quarter. Hedge funds and other institutional investors own 84.34% of the company’s stock.

Capri Stock Performance

The business’s 50 day simple moving average is $18.79 and its two-hundred day simple moving average is $21.52. The firm has a market capitalization of $2.18 billion, a PE ratio of 16.10, a price-to-earnings-growth ratio of 0.24 and a beta of 1.43. The company has a current ratio of 1.21, a quick ratio of 0.52 and a debt-to-equity ratio of 4.08.

Capri (NYSE:CPRI – Get Free Report) last issued its quarterly earnings data on Wednesday, May 27th. The company reported $0.22 EPS for the quarter, topping the consensus estimate of $0.11 by $0.11. Capri had a return on equity of 664.22% and a net margin of 3.94%.The company had revenue of $796.00 million during the quarter, compared to analyst estimates of $800.04 million. During the same quarter in the previous year, the company posted ($4.90) earnings per share. Capri’s revenue was down 23.1% compared to the same quarter last year. Capri has set its FY 2027 guidance at 2.150-2.150 EPS and its Q1 2027 guidance at 0.400-0.400 EPS. Research analysts expect that Capri Holdings Limited will post 2.15 earnings per share for the current fiscal year.

Capri Company Profile

(Get Free Report)

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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