Topgolf Callaway Brands Corp. (MODG)

Topgolf Callaway Brands Stock Forecast

Stock Price Forecast

The 7 analysts that cover Topgolf Callaway Brands stock have a consensus rating of "Buy" and an average price target of $11.36, which forecasts a -4.30% decrease in the stock price over the next year. The lowest target is $9.50 and the highest is $14.

Price Target: $11.36 (-4.30%)

Analyst Consensus: Buy

Target	Low	Average	Median	High
Price	$9.50	$11.36	$11	$14
Change	-19.97%	-4.30%	-7.33%	+17.94%

* Price targets were last updated on Nov 19, 2025.

Analyst Ratings

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

Recommendation Trends

Rating	Jul '25	Aug '25	Sep '25	Oct '25	Nov '25	Dec '25
Strong Buy	3	3	3	3	3	3
Buy	0	0	0	0	0	0
Hold	6	5	5	4	4	4
Sell	2	1	1	0	0	0
Strong Sell	0	0	0	0	0	0
Total	11	9	9	7	7	7

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
George Kelly Roth Capital	Roth Capital	Strong Buy Maintains $14	Strong Buy	Maintains	$14	+17.94%	Nov 19, 2025
Matthew Boss JP Morgan	JP Morgan	Hold Maintains $9 → $10	Hold	Maintains	$9 → $10	-15.75%	Nov 12, 2025
Anna Glaessgen B. Riley Securities	B. Riley Securities	Hold Reiterates $9.5 → $11	Hold	Reiterates	$9.5 → $11	-7.33%	Nov 10, 2025
Michael Swartz Truist Securities	Truist Securities	Strong Buy Maintains $10 → $12	Strong Buy	Maintains	$10 → $12	+1.10%	Nov 4, 2025
Arpine Kocharyan UBS	UBS	Hold Initiates $10	Hold	Initiates	$10	-15.75%	Oct 17, 2025

More Analyst Ratings

Financial Forecast

Revenue This Year

4.00B

Decreased by -5.69%

from 4.24B

Revenue Next Year

4.03B

Increased by 0.68%

from 4.00B

EPS This Year

-0.19

from -7.88

EPS Next Year

-0.25

from -0.19

Fiscal Year	FY 2020	FY 2021	FY 2022	FY 2023	FY 2024	FY 2025	FY 2026
Period Ending	Dec 31, 2020	Dec 31, 2021	Dec 31, 2022	Dec 31, 2023	Dec 31, 2024	Dec 31, 2025	Dec 31, 2026
Revenue	1.59B	3.13B	4.00B	4.28B	4.24B	4.00B	4.03B
Revenue Growth	-6.56%	97.13%	27.52%	7.23%	-1.06%	-5.69%	0.68%
EPS	-1.35	1.82	0.82	0.50	-7.88	-0.19	-0.25
EPS Growth	-	-	-55.15%	-38.16%	-	-	-
Forward PE	-	-	-	-	-	-	-
No. Analysts	-	-	-	-	-	17	17

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

Revenue Forecast

Revenue	2025	2026	2027
High	4.1B	4.2B
Avg	4.0B	4.0B
Low	3.8B	3.7B

Revenue Growth

Revenue Growth	2025	2026	2027
High	-2.4%	6.2%
Avg	-5.7%	0.7%
Low	-10.6%	-6.3%

EPS Forecast

EPS	2025	2026	2027
High	-0.09	-0.12
Avg	-0.19	-0.25
Low	-0.36	-0.44

EPS Growth

EPS Growth	2025	2026	2027
High	-	-
Avg	-	-
Low	-	-

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.