Raymond James upgrades Capri Holdings stock to Strong Buy at USD 20.00 target

Published on 10/17/2026 at 21:44 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Fiscal 2027 first-quarter revenue was USD 769.0 million. Capri Holdings stock closed at USD 15.95 on October 16, 2026, up 0.63 percent on the NYSE.

Target upgrade on October 16

Raymond James upgraded Capri Holdings to Strong Buy and set a USD 20.00 target on October 16, 2026.
Fiscal 2027 first-quarter revenue came to USD 769.0 million for the period ended June 27, 2026.
Capri Holdings stock closed at USD 15.95 on October 16, 2026, up 0.63 percent on the NYSE.
Capri plans to report second-quarter fiscal 2027 results on October 30, 2026.

CPRI, VGG1890L1076, Illustration mit AI erstellt.

Capri Holdings Limited (VGG1890L1076) drew a stronger analyst view on October 16, 2026, when Raymond James upgraded the stock from Outperform to Strong Buy and set a USD 20.00 price target, 25.39 percent above the USD 15.95 NYSE closing price, according to Markets Insider. Capri Holdings stock closed at USD 15.95 on October 16, 2026, up 0.63 percent on the NYSE.

Revenue reached USD 769.0 million

Capri's first-quarter fiscal 2027 revenue totaled USD 769.0 million in the period ended June 27, 2026. Revenue decreased 3.50 percent on a reported basis, while operating margin was 2.20 percent and adjusted operating margin was 3.60 percent, according to Business Wire. The figures leave the next report as the key test for whether the expected improvement in the second half of fiscal 2027 is translating into sales.

Stock stays below its yearly high

The October 16 close stood 43.57 percent below Capri's USD 28.26 52-week high and 28.63 percent above its USD 12.40 low. Year-to-date performance was minus 34.63 percent, while volume reached 3,435,480 shares against an average of 4,478,471 shares.

Valuation and reporting date

Capri had a USD 1.8 billion market capitalization and a P/E ratio of 12.30 on October 16, 2026. The company plans to report second-quarter fiscal 2027 results on October 30, 2026, at approximately 7:00 a.m. ET, with a conference call at 10:00 a.m. ET, as Business Wire reported on October 16, 2026.

Comparison with peers

CPRI: plus 0.63 percent, P/E 12.30, market capitalization USD 1.8 billion

Tapestry (NYSE, USD): plus 0.36 percent, P/E 16.53, market capitalization USD 24.0 billion

Ralph Lauren (NYSE, USD): minus 1.42 percent, P/E 24.31, market capitalization USD 23.0 billion

Next results set the next marker

Capri's next scheduled results date gives investors a defined calendar point after the Raymond James upgrade. The comparison with Tapestry and Ralph Lauren also shows that Capri's P/E ratio is below both listed peers, while its year-to-date decline is materially deeper.