Topgolf Callaway Brands Corp. (MODG)

Topgolf Callaway Brands Stock Forecast

Stock Price Forecast

The 10 analysts with 12-month price forecasts for MODG stock have an average target of 14.7, with a low estimate of 10 and a high estimate of 38. The average target predicts an increase of 72.33% from the current stock price of 8.53.

Analyst Consensus: Hold

Target	Low	Average	Median	High
Price	$10	$14.7	$12	$38
Change	+17.23%	+72.33%	+40.68%	+345.49%

Analyst Ratings

The average analyst rating for MODG stock from 12 stock analysts is "Hold". This means that analysts believe this stock is likely to perform similarly to the overall market.

Recommendation Trends

Rating	Jun '24	Jul '24	Aug '24	Sep '24	Oct '24	Nov '24
Strong Buy	4	4	4	4	3	3
Buy	2	2	0	0	0	0
Hold	4	4	7	7	8	7
Sell	1	1	2	2	2	2
Strong Sell	0	0	0	0	0	0
Total	11	11	13	13	13	12

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
George Kelly Roth MKM	Roth MKM	Strong Buy Reiterates $17 → $16	Strong Buy	Reiterates	$17 → $16	+87.57%	Nov 14, 2024
Kate McShane Goldman Sachs	Goldman Sachs	Hold Maintains $14 → $12	Hold	Maintains	$14 → $12	+40.68%	Nov 14, 2024
Michael Swartz Truist Securities	Truist Securities	Strong Buy Maintains $16 → $14	Strong Buy	Maintains	$16 → $14	+64.13%	Nov 13, 2024
Matthew Boss JP Morgan	JP Morgan	Hold Maintains $13 → $11	Hold	Maintains	$13 → $11	+28.96%	Nov 13, 2024
Eric Wold B. Riley Securities	B. Riley Securities	Strong Buy → Hold Downgrades $18 → $12	Strong Buy → Hold	Downgrades	$18 → $12	+40.68%	Oct 17, 2024

More Analyst Ratings

Financial Forecast

Revenue This Year

4.29B

Increased by 0.21%

from 4.28B

Revenue Next Year

4.50B

Increased by 4.80%

from 4.29B

EPS This Year

0.18

Decreased by -64.97%

from 0.50

EPS Next Year

0.16

Decreased by -9.61%

from 0.18

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	4.29B	4.50B	4.75B
Revenue Growth	36.87%	-6.56%	97.13%	27.52%	7.24%	0.21%	4.80%	5.49%
EPS	0.82	-1.35	1.82	0.82	0.50	0.18	0.16	0.50
EPS Growth	-24.07%	-	-	-55.15%	-38.16%	-64.97%	-9.61%	211.69%
Forward PE	-	-	-	-	-	48.25	53.38	17.13
No. Analysts	-	-	-	-	-	16	16	7

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

Revenue Forecast

Revenue	2024	2025	2026	2027	2028
High	4.4B	4.8B	5.1B
Avg	4.3B	4.5B	4.7B
Low	4.1B	4.2B	4.4B

Revenue Growth

Revenue Growth	2024	2025	2026	2027	2028
High	3.8%	11.4%	12.4%
Avg	0.2%	4.8%	5.5%
Low	-4.2%	-2.0%	-1.1%

EPS Forecast

EPS	2024	2025	2026	2027	2028
High	0.23	0.33	0.68
Avg	0.18	0.16	0.50
Low	0.14	-0.07	0.28

EPS Growth

EPS Growth	2024	2025	2026	2027	2028
High	-54.2%	84.1%	323.8%
Avg	-65.0%	-9.6%	211.7%
Low	-72.8%	-	77.8%

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.