Capri Holdings

Capri Holdings' Growth Prospects Still Uncertain

Capri Holdings Shareholders Likely to Remain Unprofitable: Sell Rating

Wells Fargo Lowers Price Target for CPRI to $21.00, Maintains 'Equal-Weight' Rating

Barclays Raises Price Target for Capri Holdings to $32.00, Maintains Overweight Rating

Telsey Advisory Group Reaffirms Market Perform Rating for Capri Holdings with $23 Price Target

Catalyst<ul> <li>Small and Medium-sized fund inflows remain positive, indicating continued support from smaller and mid-sized investors.</li></ul>Risk<ul> <li>Analysts show significant differences in their ratings for CPRI, with five Neutral ratings highlighting uncertainty in the investment outlook.</li> <li>Technical indicators suggest a volatile and directionally unclear market for CPRI, with mixed bearish and neutral signals emerging recently.</li></ul>

Key Factors

Capri Holdings (CPRI) reported Q3 2026 revenue of $1.025 billion, a 4% decline year-over-year, driven by a 5.6% drop in Michael Kors revenue and 5% growth at Jimmy Choo. CPRI reduced net debt to $80 million in Q3 2026, down from $1.17 billion a year prior, following the sale of Versace and improved operational discipline. Wells Fargo cut CPRI's price target to $21 from $27, maintaining an Equal-Weight rating, citing ongoing revenue challenges and debt restructuring. Barclays raised CPRI's price target to $32 from $31 and maintained an Overweight rating, signaling optimism about long-term recovery potential. CPRI adjusted FY2026 revenue guidance to $3.45–$3.475 billion, reflecting strategic shifts and improved balance sheet flexibility post-Versace divestiture.

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