Capri (NYSE:CPRI) Reaches New 52-Week Low on Analyst Downgrade

Posted by George Bondi on Aug 6th, 2026

Capri Holdings Limited (NYSE:CPRI – Get Free Report)’s share price reached a new 52-week low during trading on Thursday after BTIG Research lowered their price target on the stock from $30.00 to $25.00. BTIG Research currently has a buy rating on the stock. Capri traded as low as $15.17 and last traded at $15.24, with a volume of 2570389 shares changing hands. The stock had previously closed at $16.02.

Other research analysts have also issued reports about the company. Raymond James Financial reaffirmed an “outperform” rating and issued a $22.00 target price on shares of Capri in a research report on Thursday, May 28th. Telsey Advisory Group dropped their price target on shares of Capri from $21.00 to $18.00 and set a “market perform” rating on the stock in a research note on Thursday. Wells Fargo & Company reduced their price objective on shares of Capri from $20.00 to $16.00 and set an “equal weight” rating for the company in a research note on Wednesday, July 15th. Weiss Ratings upgraded Capri from a “sell (e+)” rating to a “sell (d)” rating in a report on Thursday, May 28th. Finally, Robert W. Baird decreased their price target on Capri from $26.00 to $24.00 and set an “outperform” rating for the company in a research note on Monday, July 27th. One investment analyst has rated the stock with a Strong Buy rating, five have issued a Buy rating, nine have assigned a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat.com, Capri currently has a consensus rating of “Hold” and a consensus target price of $22.13.

Get Our Latest Research Report on Capri

Insiders Place Their Bets

In other news, Director Stephen F. Reitman sold 17,981 shares of the firm’s stock in a transaction dated Monday, June 8th. The shares were sold at an average price of $19.42, for a total transaction of $349,191.02. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. 2.60% of the stock is owned by corporate insiders.

More Capri News

Here are the key news stories impacting Capri this week:

Positive Sentiment: Capri reported fiscal first-quarter EPS of $0.67, well above the $0.40 consensus estimate, while revenue of $769 million also exceeded expectations of $756.25 million. EPS increased from $0.50 in the prior-year quarter. Capri Holdings Surpasses Q1 Earnings and Revenue Estimates
Neutral Sentiment: BTIG Research maintained a Buy rating but reduced its price target from $30 to $25, leaving substantial implied upside. The target cut nevertheless signals more cautious expectations following the results. The Fly analyst update
Neutral Sentiment: Goldman Sachs lowered its target from $21 to $18 and changed its rating to Neutral. Telsey Advisory Group also cut its target from $21 to $18 while retaining a Market Perform rating, reflecting limited conviction despite targets remaining above the current share price. Benzinga analyst updates
Negative Sentiment: Capri’s second-quarter fiscal 2027 outlook fell well short of consensus: EPS guidance of $0.20 versus $0.45 expected and revenue guidance of $780 million versus $857 million. Full-year revenue guidance of approximately $3.4 billion was also below the $3.5 billion consensus, although full-year EPS guidance of $2.15 was slightly above estimates. Capri cuts annual revenue forecast
Negative Sentiment: Management cited inventory delays at Michael Kors and softer demand for higher-priced handbags and accessories in some markets. Revenue declined 3.5% year over year, reinforcing concerns that the brand’s weakness could weigh on Capri’s recovery. Capri falls after Michael Kors drags on results

Hedge Funds Weigh In On Capri

Hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Vanguard Group Inc. boosted its position in shares of Capri by 1.0% during the fourth quarter. Vanguard Group Inc. now owns 11,701,832 shares of the company’s stock worth $285,525,000 after purchasing an additional 121,209 shares in the last quarter. State Street Corp raised its position in shares of Capri by 19.3% during the second quarter. State Street Corp now owns 4,479,231 shares of the company’s stock worth $79,282,000 after purchasing an additional 724,967 shares during the period. Segall Bryant & Hamill LLC grew its position in shares of Capri by 92.6% in the 1st 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 period. Arrowstreet Capital Limited Partnership acquired a new stake in Capri during the 4th quarter worth approximately $53,759,000. Finally, Dimensional Fund Advisors LP lifted its stake in Capri by 34.7% in the first quarter. Dimensional Fund Advisors LP now owns 2,165,618 shares of the company’s stock valued at $38,154,000 after buying an additional 557,955 shares in the last quarter. Institutional investors own 84.34% of the company’s stock.

Capri Price Performance

The company has a quick ratio of 0.60, a current ratio of 1.21 and a debt-to-equity ratio of 4.08. The company’s fifty day moving average price is $18.16 and its two-hundred day moving average price is $19.21. The company has a market cap of $1.76 billion, a price-to-earnings ratio of 13.44, a PEG ratio of 0.30 and a beta of 1.41.

Capri (NYSE:CPRI – Get Free Report) last posted its quarterly earnings results on Wednesday, August 5th. The company reported $0.67 EPS for the quarter, beating analysts’ consensus estimates of $0.40 by $0.27. The business had revenue of $769.00 million during the quarter, compared to the consensus estimate of $756.25 million. Capri had a return on equity of 664.22% and a net margin of 3.94%.Capri’s revenue for the quarter was down 3.5% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $0.50 earnings per share. Capri has set its Q2 2027 guidance at 0.200-0.200 EPS and its FY 2027 guidance at 2.150-2.150 EPS. On average, equities research analysts forecast that Capri Holdings Limited will post 2.06 EPS for the current fiscal year.

About Capri

(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.