Capri (NYSE:CPRI) Updates FY 2026 Earnings Guidance

Capri (NYSE:CPRI) updated its FY 2026 earnings guidance on Tuesday. The company provided earnings per share guidance of 1.300-1.400 for the period, compared to the consensus earnings per share 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 Ratings Changes

A number of research firms have commented on CPRI. Telsey Advisory Group reiterated a “market perform” rating and issued a $23.00 price target on shares of Capri in a research note on Tuesday. BTIG Research restated a “buy” rating and set a $30.00 price objective on shares of Capri in a report on Friday. The Goldman Sachs Group began coverage on shares of Capri in a research note on Thursday, January 8th. They issued a “neutral” rating and a $27.00 target price for the company. Citigroup upgraded shares of Capri from a “buy” rating to a “mixed” rating in a research note on Tuesday, January 20th. Finally, Sanford C. Bernstein reiterated a “market perform” rating and set a $24.00 price objective on shares of Capri in a research note on Tuesday, January 6th. 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 given a Sell rating to the stock. According to MarketBeat.com, the company presently has an average rating of “Hold” and an average price target of $27.50.

Capri Trading Up 2.4%

Shares of NYSE:CPRI opened at $23.12 on Tuesday. Capri has a twelve month low of $11.86 and a twelve month high of $28.26. The company has a market cap 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. The company’s 50 day moving average is $25.19 and its 200 day moving average is $22.37.

Capri (NYSE:CPRI) last released its quarterly earnings data on Tuesday, February 3rd. The company reported $0.81 EPS 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. Equities research analysts predict that Capri will post 0.98 earnings per share for the current fiscal year.

Insiders Place Their Bets

In other Capri news, CFO Rajal Mehta sold 10,000 shares of the stock in a transaction dated Tuesday, December 9th. The stock was sold at an average price of $25.96, for a total transaction of $259,600.00. Following the sale, the chief financial officer directly owned 741 shares of the company’s stock, valued at approximately $19,236.36. This trade represents a 93.10% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Corporate insiders own 2.30% of the company’s stock.

Institutional Trading of Capri

Hedge funds and other institutional investors have recently bought and sold shares of the stock. Royal Bank of Canada lifted its holdings in Capri by 70.0% in the first quarter. Royal Bank of Canada now owns 380,838 shares of the company’s stock valued at $7,514,000 after acquiring an additional 156,757 shares during the period. Integrated Wealth Concepts LLC increased its holdings in shares of Capri by 48.8% during the 1st quarter. Integrated Wealth Concepts LLC now owns 20,120 shares of the company’s stock valued at $397,000 after purchasing an additional 6,595 shares in the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. lifted its stake in shares of Capri by 13.5% in the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 11,034 shares of the company’s stock valued at $218,000 after purchasing an additional 1,313 shares during the period. Goldman Sachs Group Inc. boosted its holdings in Capri by 22.4% during the first quarter. Goldman Sachs Group Inc. now owns 764,509 shares of the company’s stock worth $15,084,000 after buying an additional 139,809 shares in the last quarter. Finally, UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC grew its position in Capri by 23.7% during the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 422,561 shares of the company’s stock valued at $8,337,000 after buying an additional 80,928 shares during the period. 84.34% of the stock is owned by institutional investors and hedge funds.

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.