Topgolf Callaway Brands Corp. (MODG)

Topgolf Callaway Brands Stock Forecast

Stock Price Forecast

The 10 analysts with 12-month price forecasts for Topgolf Callaway Brands stock have an average target of 14.4, with a low estimate of 9.00 and a high estimate of 38. The average target predicts an increase of 105.42% from the current stock price of 7.01.

Analyst Consensus: Buy

Target	Low	Average	Median	High
Price	$9.00	$14.4	$12	$38
Change	+28.39%	+105.42%	+71.18%	+442.08%

* Price targets were last updated on Jan 23, 2025.

Analyst Ratings

The average analyst rating for Topgolf Callaway Brands stock from 12 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	Sep '24	Oct '24	Nov '24	Dec '24	Jan '25	Feb '25
Strong Buy	4	3	3	3	4	4
Buy	0	0	0	0	0	0
Hold	7	8	7	7	6	6
Sell	2	2	2	2	2	2
Strong Sell	0	0	0	0	0	0
Total	13	13	12	12	12	12

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Matthew Boss JP Morgan	JP Morgan	Hold Maintains $11 → $9	Hold	Maintains	$11 → $9	+28.39%	Jan 23, 2025
Michael Swartz Truist Securities	Truist Securities	Strong Buy Maintains $14 → $12	Strong Buy	Maintains	$14 → $12	+71.18%	Jan 7, 2025
Randal Konik Jefferies	Jefferies	Hold → Strong Buy Upgrades $11 → $13	Hold → Strong Buy	Upgrades	$11 → $13	+85.45%	Jan 2, 2025
George Kelly Roth MKM	Roth MKM	Strong Buy Reiterates $17 → $16	Strong Buy	Reiterates	$17 → $16	+128.25%	Nov 14, 2024
Kate McShane Goldman Sachs	Goldman Sachs	Hold Maintains $14 → $12	Hold	Maintains	$14 → $12	+71.18%	Nov 14, 2024

More Analyst Ratings

Financial Forecast

Revenue This Year

4.28B

Decreased by -0.04%

from 4.28B

Revenue Next Year

4.42B

Increased by 3.13%

from 4.28B

EPS This Year

0.15

Decreased by -69.46%

from 0.50

EPS Next Year

0.04

Decreased by -72.06%

from 0.15

Fiscal Year	FY 2019	FY 2020	FY 2021	FY 2022	FY 2023	FY 2024	FY 2025	FY 2026
Period Ending	Dec 31, 2019	Dec 31, 2020	Dec 31, 2021	Dec 31, 2022	Dec 31, 2023	Dec 31, 2024	Dec 31, 2025	Dec 31, 2026
Revenue	1.70B	1.59B	3.13B	4.00B	4.28B	4.28B	4.42B	4.62B
Revenue Growth	36.87%	-6.56%	97.13%	27.52%	7.24%	-0.04%	3.13%	4.53%
EPS	0.82	-1.35	1.82	0.82	0.50	0.15	0.04	-0.06
EPS Growth	-24.07%	-	-	-55.15%	-38.16%	-69.46%	-72.06%	-
Forward PE	-	-	-	-	-	45.48	162.78	-
No. Analysts	-	-	-	-	-	15	15	10

Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue	2024	2025	2026	2027	2028
High	4.4B	4.6B	4.9B
Avg	4.3B	4.4B	4.6B
Low	4.1B	4.2B	4.3B

Revenue Growth

Revenue Growth	2024	2025	2026	2027	2028
High	3.1%	8.1%	10.4%
Avg	-0.0%	3.1%	4.5%
Low	-4.2%	-2.8%	-2.4%

EPS Forecast

EPS	2024	2025	2026	2027	2028
High	0.34	0.17	0.32
Avg	0.15	0.04	-0.06
Low	0.10	-0.16	-0.80

EPS Growth

EPS Growth	2024	2025	2026	2027	2028
High	-33.4%	9.0%	631.5%
Avg	-69.5%	-72.1%	-
Low	-80.6%	-	-

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.