Callaway Golf Company Stock Forecast

Stock Price Forecast

According to 11 analysts polled by S&P Global, Callaway Golf Company stock has a consensus rating of "Buy" and an average price target of $20.5. The average 1-year stock price forecast is 30.99% higher than the current stock price, while the lowest is $19 (+21.41%) and the highest is $23 (+46.96%).

Price Target: $20.5 (+30.99%)

Analyst Consensus: Buy

Price Target

Chart

Target	Low	Average	Median	High
Price	$19	$20.5	$19.5	$23
Change	+21.41%	+30.99%	+24.60%	+46.96%

Analyst Ratings

The average analyst rating for Callaway Golf Company stock is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.

Recommendation Trends

Chart

Rating	Feb '26	Mar '26	Apr '26	May '26	Jun '26	Aug '26
Strong Buy	6	6	6	5	5	5
Buy	0	0	0	0	0	0
Hold	4	4	4	4	5	5
Sell	1	1	1	1	1	1
Strong Sell	0	0	0	0	0	0
Total	11	11	11	10	11	11

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Jonathan Keypour Goldman Sachs	Goldman Sachs	Hold Maintains $17 → $19	Hold	Maintains	$17 → $19	+21.41%	Aug 10, 2026
Matthew Boss J.P. Morgan	J.P. Morgan	Hold Reiterates $19	Hold	Reiterates	$19	+21.41%	Aug 5, 2026
Anna Glaessgen B. Riley Securities	B. Riley Securities	Buy Reiterates $19 → $23	Buy	Reiterates	$19 → $23	+46.96%	Aug 5, 2026
Gregory Miller Truist Financial	Truist Financial	Buy Maintains n/a	Buy	Maintains	n/a	n/a	Aug 5, 2026
Simeon Gutman Morgan Stanley	Morgan Stanley	Hold Reiterates $17 → $19	Hold	Reiterates	$17 → $19	+21.41%	Aug 5, 2026

More Analyst Ratings

Financial Forecast

Revenue This Year

2.07B

from 2.06B

0.25%

from 2.06B

Revenue Next Year

2.14B

from 2.07B

3.44%

from 2.07B

EPS This Year

0.73

from 0.21

248.36%

from 0.21

EPS Next Year

0.87

from 0.73

19.54%

from 0.73

Fiscal Year	FY 2021	FY 2022	FY 2023	FY 2024	FY 2025	FY 2026
Period Ending	Dec 31, 2021	Dec 31, 2022	Dec 31, 2023	Dec 31, 2024	Dec 31, 2025	Dec 31, 2026
Revenue	3.13B	4.00B	2.13B	2.08B	2.06B	2.07B
Revenue Growth	97.13%	27.52%	-46.63%	-2.58%	-0.85%	0.25%
Gross Profit	1.13B	1.34B	927.10M	887.00M	867.60M	925.57M
Gross Margin	36.12%	33.53%	43.47%	42.69%	42.11%	44.81%
Operating Income	204.70M	262.30M	196.40M	153.80M	133.60M	188.43M
Net Income	322.00M	157.90M	95.00M	-1.45B	-409.30M	105.56M
EPS	-	-	-	-	0.21	0.73
EPS Growth	-	-	-	-	-8.70%	248.36%
Forward PE	40.70	23.27	41.89	60.28	72.15	21.39
Free Cash Flow	116.40M	-624.53M	138.66M	142.75M	-1.02B	236.10M
No. Analysts	-	-	-	-	-	10

EPS and Forward PE are based on non-GAAP adjusted numbers.

Revenue Forecast

Chart

Revenue	2026	2027	2028
High	2.1B
Avg	2.1B
Low	2.1B

Revenue Growth

Chart

Revenue Growth	2026	2027	2028
High	0.9%
Avg	0.3%
Low	-0.1%

EPS Forecast

Chart

EPS	2026	2027	2028
High	0.89
Avg	0.73
Low	0.54

EPS Growth

Chart

EPS Growth	2026	2027	2028
High	323.8%
Avg	248.4%
Low	157.1%