Missedย NVDA?
Donโt Miss the Next One.
Join 5,000+ investors using Ticker Nerd’s Market Radar to stay ahead of major market moves, analyst upgrades, and trending opportunities โ for free.
Home โบ Stocks โบ Topgolf Callaway Brands Corp. (MODG) Stock Forecast & Price Prediction United States | NYSE | Consumer Cyclical | Leisure
$13.70
+0.09 (0.66%)Did MODG Make This Month's Elite Buy List?
We don't follow just any analyst โ only the top 3% with a proven track record make our cut. See if Topgolf Callaway is one of their latest high-conviction picks.
Based on our analysis of 18 Wall Street analysts, MODG has a neutral consensus with a median price target of $12.00 (ranging from $10.00 to $18.00). The overall analyst rating is Buy (7.3/10). Currently trading at $13.70, the median forecast implies a -12.4% downside. This outlook is supported by 4 Buy, 6 Hold, and 1 Sell ratings.
The most optimistic forecast comes from Noah Zatzkin at Keybanc, projecting a 31.4% upside. Conversely, the most conservative target is provided by Matthew Boss at JP Morgan, suggesting a 27.0% downside.
Please note that analyst price targets are forward-looking estimates subject to substantial market, economic, and company-specific risks. Past performance does not guarantee future results, and actual stock performance may materially differ from these projections. Investors should conduct their own due diligence and consider their investment objectives and risk tolerance before making investment decisions.
These are the latest 20 analyst ratings and price targets for MODG.
| Date | Firm | Analyst | Rating | Change | Price Target |
|---|---|---|---|---|---|
| Jan 22, 2026 | B. Riley Securities | Buy | Upgrade | $N/A | |
| Jan 16, 2026 | Keybanc | Noah Zatzkin | Overweight | Upgrade | $17.00 |
| Jan 6, 2026 | Compass Point | Casey Alexander | Buy | Maintains | $17.50 |
| Nov 19, 2025 | Roth Capital | George Kelly | Buy | Maintains | $14.00 |
| Nov 12, 2025 | JP Morgan | Matthew Boss | Neutral | Maintains | $10.00 |
| Nov 10, 2025 | B. Riley Securities | Anna Glaessgen | Neutral | Reiterates | $11.00 |
| Nov 4, 2025 | Truist Securities | Michael Swartz | Buy | Maintains | $12.00 |
| Oct 17, 2025 | UBS | Arpine Kocharyan | Neutral | Initiates | $10.00 |
| Aug 11, 2025 | B. Riley Securities | Eric Wold | Neutral | Maintains | $9.50 |
| Jul 18, 2025 | Morgan Stanley | Equal-Weight | Upgrade | $N/A | |
| May 27, 2025 | JP Morgan | Matthew Boss | Neutral | Maintains | $7.00 |
| Apr 14, 2025 | Truist Securities | Michael Swartz | Buy | Maintains | $7.00 |
| Feb 25, 2025 | Roth MKM | George Kelly | Buy | Reiterates | $11.00 |
| Feb 25, 2025 | JP Morgan | Neutral | Maintains | $N/A | |
| Jan 23, 2025 | JP Morgan | Matthew Boss | Neutral | Maintains | $9.00 |
| Jan 7, 2025 | Truist Securities | Buy | Maintains | $N/A | |
| Jan 2, 2025 | Jefferies | Buy | Upgrade | $N/A | |
| Nov 14, 2024 | Goldman Sachs | Kate McShane | Neutral | Maintains | $12.00 |
| Nov 14, 2024 | Roth MKM | George Kelly | Buy | Reiterates | $16.00 |
| Nov 13, 2024 | JP Morgan | Matthew Boss | Neutral | Maintains | $11.00 |
The following stocks are similar to Topgolf Callaway based on their market capitalization and industry sector. These similar stocks potentially provide investors with alternative investment opportunities within the same market segment.
Topgolf Callaway Brands Corp. has a market capitalization of $2.52B with a P/E ratio of 87.0x. The company generates $4.06B in trailing twelve-month revenue with a -37.1% profit margin.
Revenue growth is -7.8% quarter-over-quarter, while maintaining an operating margin of +3.2% and return on equity of -46.9%.
97% of Analyst Ratings Go Nowhere
We filter thousands of calls to find the few that actually matter. Get the top analyst buy ratings โ tracked and updated every Monday and Thursday.
Innovative golf entertainment and equipment manufacturing.
The company operates Topgolf locations that provide immersive golfing experiences, combining technology, hospitality, and sports to attract a diverse clientele. Additionally, it designs and markets high-quality golf equipment under the Callaway brand, generating revenue from both entertainment venues and equipment sales.
Topgolf Callaway Brands Corp. leverages advanced technology to enhance consumer experiences, solidifying its position in the sports leisure market and expanding golf's appeal globally.
Consumer Cyclical
Leisure
30,000
Mr. Oliver G. Brewer III
United States
2022
Topgolf Callaway Brands (MODG) rose 79.4% in a year after selling a $1.1B stake, eliminating net debt, and starting a $200M buyback. It trades at a 0.92x EV/revenue multiple.
Topgolf Callaway's significant debt reduction and buyback enhance financial health, while its low EV/revenue multiple suggests potential for further stock price appreciation.
MODG improved its balance sheet in Q3 2025 by increasing liquidity and reducing leverage, supported by enhanced cash flow.
MODG's improved liquidity and reduced leverage indicate stronger financial health, potentially leading to increased investor confidence and better valuation prospects.
O'Keefe Stevens Advisory increased its MODG stake by 821,039 shares for $8.66 million in Q4, with the position's value rising by $10.33 million due to trading and price appreciation.
O'Keefe Stevens Advisory's significant increase in MODG shares signals strong institutional confidence, potentially leading to positive market sentiment and price momentum.
Callaway Golf announced the launch of its new Chrome Tour, Chrome Tour X, and Chrome Soft Golf Balls, featuring the Tour Fast Mantle for enhanced performance, available on January 30, 2026.
Callaway Golf's launch of innovative Chrome golf balls may boost sales and market share, indicating potential growth and profitability, influencing stock performance positively.
MODG is expanding its Toast POS rollout to improve service speed, enhance labor efficiency, and increase customer spending as traffic levels recover.
MODG's Toast POS expansion signals improved operational efficiency and customer experience, potentially leading to increased revenues and profitability as traffic rebounds.
Topgolf Callaway's shares increased by 45% in three months due to improved traffic, strong equipment sales, and raised guidance indicating a positive turnaround.
Topgolf Callawayโs 45% share increase signals strong recovery and growth potential, enhancing investor confidence in future performance and profitability.
Based on our analysis of 18 Wall Street analysts, Topgolf Callaway Brands Corp. (MODG) has a median price target of $12.00. The highest price target is $18.00 and the lowest is $10.00.
According to current analyst ratings, MODG has 4 Buy ratings, 6 Hold ratings, and 1 Sell ratings. The stock is currently trading at $13.70. Always conduct your own research and consider your investment goals before making investment decisions.
Wall Street analysts predict MODG stock could reach $12.00 in the next 12 months. This represents a -12.4% decrease from the current price of $13.70. Please note that this is a projection by Wall Street analysts and not a guarantee.
The company operates Topgolf locations that provide immersive golfing experiences, combining technology, hospitality, and sports to attract a diverse clientele. Additionally, it designs and markets high-quality golf equipment under the Callaway brand, generating revenue from both entertainment venues and equipment sales.
The highest price target for MODG is $18.00 from Noah Zatzkin at Keybanc, which represents a 31.4% increase from the current price of $13.70.
The lowest price target for MODG is $10.00 from Matthew Boss at JP Morgan, which represents a -27.0% decrease from the current price of $13.70.
The overall analyst consensus for MODG is neutral. Out of 18 Wall Street analysts, 4 rate it as Buy, 6 as Hold, and 1 as Sell, with a median price target of $12.00.
Stock price projections, including those for Topgolf Callaway Brands Corp., are based on various factors including financial models, market conditions, and analyst forecasts. While these predictions provide valuable insights, they should be considered alongside your own research and risk tolerance.
The information provided by Ticker Nerd is for educational and informational purposes only. It should not be considered financial or investment advice. Past performance is not indicative of future results. Always conduct your own research and consult with a qualified financial advisor before making any investment decisions. Analyst ratings and price forecasts are sourced from Wall St analysts and other experts. These projections are speculative and do not guarantee future stock performance.