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J.P. Morgan Sticks to Its Buy Rating for Capri Holdings (CPRI)

Tipranks - Fri May 29, 7:24AM CDT

J.P. Morgan analyst Matthew Boss maintained a Buy rating on Capri Holdings today and set a price target of $29.00.

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According to TipRanks, Boss is a 4-star analyst with an average return of 6.5% and a 52.64% success rate. Boss covers the Consumer Cyclical sector, focusing on stocks such as Norwegian Cruise Line, Abercrombie Fitch, and Five Below.

In addition to J.P. Morgan, Capri Holdings also received a Buy from BTIG’s Robert Drbul in a report issued today. However, on the same day, Wells Fargo maintained a Hold rating on Capri Holdings (NYSE: CPRI).

Based on Capri Holdings’ latest earnings release for the quarter ending December 27, the company reported a quarterly revenue of $1.03 billion and a net profit of $116 million. In comparison, last year the company earned a revenue of $1.26 billion and had a GAAP net loss of $547 million

Based on the recent corporate insider activity of 17 insiders, corporate insider sentiment is positive on the stock. This means that over the past quarter there has been an increase of insiders buying their shares of CPRI in relation to earlier this year. Most recently, in March 2026, John Idol, the Chairman & CEO of CPRI bought 55,000.00 shares for a total of $988,900.00.

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