
CPRI Stock Forecast & Price Target
CPRI Analyst Ratings
Bulls say
Capri Holdings is experiencing anticipated improvements in trends for the second half of the year, driven by new product deliveries and an enhanced influencer marketing strategy. The company's retail stores are positioned as critical components for sales recovery, particularly due to a global store renovation program aimed at enhancing customer experience and revitalizing the Michael Kors brand. Notably, the recent retail performance showed sequential improvement, supported by successful product launches that led to increased full-price sell-through and higher order volumes.
Bears say
Capri Holdings is experiencing a significant contraction in its retail footprint, with Michael Kors and Jimmy Choo reporting a combined closure of 79 stores year-over-year. Although the company's forward-looking sales outlook for the near term slightly exceeded expectations, the forecast for FQ2 EPS substantially missed consensus estimates, indicating potential profitability challenges ahead. Additionally, the company reported a decline in footwear sales, particularly in the dress category, which raises concerns about overall consumer demand and brand performance across its portfolio.
This aggregate rating is based on analysts' research of Capri Holdings Ltd and is not a guaranteed prediction by Public.com or investment advice.
CPRI Analyst Forecast & Price Prediction
Start investing in CPRI
Order type
Buy in
Order amount
Est. shares
0 shares