Bank of America Cuts Capri (NYSE:CPRI) Price Target to $20.00

Posted by Kim Johansen on May 28th, 2026

Capri (NYSE:CPRI – Get Free Report) had its price target decreased by equities researchers at Bank of America from $23.00 to $20.00 in a report released on Thursday,Benzinga reports. The firm presently has a “neutral” rating on the stock. Bank of America‘s target price points to a potential upside of 9.62% from the company’s previous close.

Several other equities research analysts also recently issued reports on CPRI. Telsey Advisory Group restated a “market perform” rating and set a $23.00 target price on shares of Capri in a research report on Tuesday, February 3rd. JPMorgan Chase & Co. increased their target price on Capri from $30.00 to $31.00 and gave the stock an “overweight” rating in a research report on Monday, April 13th. The Goldman Sachs Group dropped their target price on Capri from $27.00 to $24.00 and set a “neutral” rating on the stock in a research report on Wednesday, February 4th. BTIG Research restated a “buy” rating and issued a $30.00 target price on shares of Capri in a research note on Thursday. Finally, Raymond James Financial restated an “outperform” rating and issued a $22.00 target price on shares of Capri in a research note on Thursday. One analyst has rated the stock with a Strong Buy rating, six have assigned a Buy rating, eight have assigned a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat, Capri currently has a consensus rating of “Hold” and a consensus target price of $25.14.

Get Our Latest Analysis on Capri

Capri Stock Down 1.4%

CPRI stock opened at $18.25 on Thursday. The company has a debt-to-equity ratio of 2.07, a quick ratio of 0.52 and a current ratio of 1.14. The company has a market capitalization of $2.17 billion, a price-to-earnings ratio of -4.28, a PEG ratio of 0.29 and a beta of 1.43. Capri has a fifty-two week low of $16.22 and a fifty-two week high of $28.26. The stock has a fifty day moving average of $18.77 and a 200-day moving average of $21.53.

Capri (NYSE:CPRI – Get Free Report) last posted its quarterly earnings results on Wednesday, May 27th. The company reported $0.22 earnings per share for the quarter, topping the consensus estimate of $0.11 by $0.11. The company had revenue of $796.00 million during the quarter, compared to the consensus estimate of $800.04 million. Capri had a negative return on equity of 430.23% and a negative net margin of 13.57%.The firm’s quarterly revenue was down 23.1% compared to the same quarter last year. During the same quarter in the prior year, the company earned ($4.90) EPS. Capri has set its FY 2027 guidance at 2.150-2.150 EPS and its Q1 2027 guidance at 0.400-0.400 EPS. As a group, equities research analysts predict that Capri will post 1.39 earnings per share for the current year.

Insider Buying and Selling

In related news, CEO John D. Idol bought 55,000 shares of the business’s stock in a transaction on Wednesday, March 11th. The stock was acquired at an average price of $17.98 per share, for a total transaction of $988,900.00. Following the purchase, the chief executive officer directly owned 2,257,645 shares in the company, valued at $40,592,457.10. This trade represents a 2.50% increase in their ownership of the stock. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. 2.30% of the stock is currently owned by corporate insiders.

Institutional Inflows and Outflows

Several large investors have recently added to or reduced their stakes in the stock. Arizona State Retirement System boosted its stake in Capri by 1.4% in the 3rd quarter. Arizona State Retirement System now owns 34,894 shares of the company’s stock worth $695,000 after purchasing an additional 483 shares during the period. Empowered Funds LLC boosted its position in shares of Capri by 3.4% during the 4th quarter. Empowered Funds LLC now owns 16,580 shares of the company’s stock valued at $405,000 after acquiring an additional 550 shares during the last quarter. Los Angeles Capital Management LLC boosted its position in shares of Capri by 1.3% during the 4th quarter. Los Angeles Capital Management LLC now owns 41,707 shares of the company’s stock valued at $1,018,000 after acquiring an additional 550 shares during the last quarter. Rockefeller Capital Management L.P. boosted its position in shares of Capri by 14.8% during the 4th quarter. Rockefeller Capital Management L.P. now owns 4,303 shares of the company’s stock valued at $105,000 after acquiring an additional 555 shares during the last quarter. Finally, Oregon Public Employees Retirement Fund boosted its position in shares of Capri by 2.5% during the 1st quarter. Oregon Public Employees Retirement Fund now owns 24,444 shares of the company’s stock valued at $431,000 after acquiring an additional 600 shares during the last quarter. Institutional investors own 84.34% of the company’s stock.

Key Headlines Impacting Capri

Here are the key news stories impacting Capri this week:

Positive Sentiment: Capri posted adjusted EPS of $0.22 for fiscal Q4, more than double the $0.11 consensus estimate, signaling better-than-expected earnings performance. Article: Capri Holdings (CPRI) Q4 Earnings Surpass Estimates
Positive Sentiment: The company raised FY27 EPS guidance to $2.15, above Wall Street’s estimate of $1.85, suggesting management sees continued earnings improvement ahead. Article: Capri Holdings Limited (CPRI) Q4 2026 Earnings Call Transcript
Positive Sentiment: Investors also reacted to unusual bullish options activity, with call volume surging well above normal, which can reflect speculative optimism around the stock.
Neutral Sentiment: Management’s Q1 FY27 EPS outlook of $0.40 topped expectations, but revenue guidance of $750 million came in below the consensus estimate of about $792.7 million, keeping the sales outlook cautious. Article: Capri Holdings Limited Announces Fourth Quarter and Full Year Fiscal 2026 Results
Negative Sentiment: Fourth-quarter revenue of $796 million missed expectations slightly and fell 23.1% year over year, reinforcing concerns that top-line growth remains weak despite the earnings beat. Article: Capri Holdings reports mixed financial results for the fourth quarter

Capri Company Profile

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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.