Is this a fair use?

The Second Circuit Court of Appeals found that Andy Warhol's creation of 15 prints based on a photo of the artist Prince was not a fair use because it was not sufficiently transformative (The Andy Warhol Foundation for the Visual Arts, Inc. v. Lynn Goldsmith and Lynn Goldsmith, Ltd., 992 F.3d 99 (2nd Cir. 2021)).

What do you think of this work?