Topgolf Callaway Brands Corp. (MODG)
NYSE: MODG · IEX Real-Time Price · USD
16.14
+0.52 (3.33%)
At close: Mar 27, 2024, 4:00 PM
16.20
+0.06 (0.37%)
After-hours: Mar 27, 2024, 7:39 PM EDT

Topgolf Callaway Brands Stock Forecast

Stock Price Forecast

The 9 analysts with 12-month price forecasts for MODG stock have an average target of 18.11, with a low estimate of 10 and a high estimate of 31. The average target predicts an increase of 12.21% from the current stock price of 16.14.

Analyst Consensus: Buy
Target Low Average Median High
Price $10 $18.11 $16 $31
Change -38.04% +12.21% -0.87% +92.07%
* Price targets were last updated on Feb 14, 2024.

Analyst Ratings

The average analyst rating for MODG stock from 10 stock analysts is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.

Recommendation Trends

Rating Oct '23Nov '23Dec '23Jan '24Feb '24Mar '24
Strong Buy 444443
Buy 322222
Hold 144444
Sell 111111
Strong Sell 000000
Total 91111111110

Latest Forecasts

Analyst Firm Rating Rating Action Price Target Upside Date
Keybanc
Keybanc
Buy
Maintains
$20$18
Buy Maintains $20$18 +11.52% Feb 14, 2024
Raymond James
Raymond James
Buy
Maintains
$14$16
Buy Maintains $14$16 -0.87% Jan 4, 2024
Goldman Sachs
Goldman Sachs
Hold
Maintains
$20$13
Hold Maintains $20$13 -19.45% Nov 10, 2023
Morgan Stanley
Morgan Stanley
Sell
Maintains
$13$10
Sell Maintains $13$10 -38.04% Nov 10, 2023
Truist Securities
Truist Securities
Strong Buy
Maintains
$25$18
Strong Buy Maintains $25$18 +11.52% Nov 9, 2023
More Analyst Ratings

Financial Forecast

Revenue This Year
4.61B
from 4.28B
Increased by 7.59%
Revenue Next Year
4.94B
from 4.61B
Increased by 7.16%
EPS This Year
0.30
from 0.50
Decreased by -40.64%
EPS Next Year
0.44
from 0.30
Increased by 48.80%
Year 201920202021202220232024202520262027
Revenue
1.70B1.59B3.13B4.00B4.28B4.61B4.94B5.14B6.01B
Revenue Growth
36.87%-6.56%97.13%27.52%7.24%7.59%7.16%4.01%16.93%
EPS
0.82-1.351.820.820.500.300.440.660.73
EPS Growth
-24.07%---54.95%-39.02%-40.64%48.80%48.58%11.92%
No. Analysts -----151553
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue 2024202520262027
High 4.8B 5.2B 5.4B 6.2B
Avg 4.6B 4.9B 5.1B 6.0B
Low 4.4B 4.6B 4.7B 5.8B

Revenue Growth

Revenue Growth 2024202520262027
High
11.5%
12.8%
9.5%
20.4%
Avg
7.6%
7.2%
4.0%
16.9%
Low
1.8%
0.3%
-3.9%
12.3%

EPS Forecast

EPS 2024202520262027
High 0.37 0.72 0.92 0.76
Avg 0.30 0.44 0.66 0.73
Low 0.24 0.25 0.49 0.71

EPS Growth

EPS Growth 2024202520262027
High
-26.5%
144.1%
109.2%
15.2%
Avg
-40.6%
48.8%
48.6%
11.9%
Low
-53.0%
-17.5%
10.9%
7.5%
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.