Topgolf Callaway Brands (MODG) Stock Forecast, Price Target & Predictions
MODG Stock Forecast
Topgolf Callaway Brands stock forecast is as follows: an average price target of $12.25 (represents a 53.51% upside from MODG’s last price of $7.98) and a rating consensus of 'Buy', based on 9 wall street analysts offering a 1-year stock forecast.
MODG Price Target
The average price target for Topgolf Callaway Brands (MODG) is $12.25 based on 1-year price targets from 9 Wall Street analysts in the past 3 months, with a price target range of $13.00 to $12.00. This represents a potential 53.51% upside from MODG's last price of $7.98.
MODG Analyst Ratings
According to 9 Wall Street analysts, Topgolf Callaway Brands's rating consensus is 'Buy'. The analyst rating breakdown for MODG stock is 0 'Strong Buy' (0.00%), 5 'Buy' (55.56%), 4 'Hold' (44.44%), 0 'Sell' (0.00%), and 0 'Strong Sell' (0.00%).
Topgolf Callaway Brands Price Target by Analyst
| Date | Analyst | Company | Price Target | Price when Published | Price Target/Price when Published | Price Target/Last Closing Price |
|---|---|---|---|---|---|---|
| Jan 07, 2025 | Michael Swartz | Truist Financial | $12.00 | $8.92 | 34.53% | 50.38% |
| Jan 02, 2025 | Randal Konik | Jefferies | $13.00 | $7.45 | 74.50% | 62.91% |
| Oct 17, 2024 | Eric Wold | B.Riley Financial | $12.00 | $10.83 | 10.80% | 50.38% |
| Sep 12, 2024 | Alexander Perry | Bank of America Securities | $12.00 | $9.24 | 29.87% | 50.38% |
| Aug 29, 2024 | Randal Konik | Jefferies | $12.00 | $10.57 | 13.53% | 50.38% |
| May 09, 2024 | Kate McShane | Goldman Sachs | $15.00 | $15.25 | -1.64% | 87.97% |
| May 09, 2024 | Zachary Warring | CFRA | $18.00 | $15.46 | 16.43% | 125.56% |
| Apr 29, 2024 | Michael Swartz | Truist Financial | $20.00 | $15.85 | 26.18% | 150.63% |
| May 12, 2022 | Brett Andress | KeyBanc | $30.00 | $20.80 | 44.23% | 275.94% |
| Aug 10, 2021 | George Kelly | Roth Capital | $44.00 | $31.73 | 38.67% | 451.38% |
The latest Topgolf Callaway Brands stock forecast, released on Jan 07, 2025 by Michael Swartz from Truist Financial, set a price target of $12.00, which represents a 34.53% increase from the stock price at the time of the forecast ($8.92), and a 50.38% increase from MODG last price ($7.98).
Topgolf Callaway Brands Price Target by Period
| 1M | 3M | 12M | |
|---|---|---|---|
| # Anlaysts | 2 | 2 | 8 |
| Avg Price Target | $12.50 | $12.50 | $14.25 |
| Last Closing Price | $7.98 | $7.98 | $7.98 |
| Upside/Downside | 56.64% | 56.64% | 78.57% |
In the current month, the average price target of Topgolf Callaway Brands stock is $12.50, according to 2 Wall Street analysts offering twelve months forecast. The average price target represents a 56.64% increase as opposed to Topgolf Callaway Brands's last price of $7.98. This month's average price target is down 0.00% compared to last quarter, and down -12.28% compared to last year.
Analyst Ratings Upgrades/Downgrades
| Date | Company | Previous Rating | New Rating | Rating Change |
|---|---|---|---|---|
| Jan 02, 2025 | Jefferies | Hold | Buy | Upgrade |
| Nov 13, 2024 | CFRA | Buy | Buy | Hold |
| Oct 17, 2024 | Roth Capital | Buy | Buy | Hold |
| Oct 17, 2024 | Raymond James | Underperform | Underperform | Hold |
| Oct 17, 2024 | B. Riley | Buy | Neutral | Downgrade |
| Sep 17, 2024 | Cowen & Co. | Hold | Hold | Hold |
| Sep 05, 2024 | KeyBanc | Sector Weight | Sector Weight | Hold |
| Aug 29, 2024 | Jefferies | Hold | Downgrade | |
| Aug 23, 2024 | Raymond James | Underperform | Downgrade | |
| Aug 08, 2024 | KeyBanc | Overweight | Sector Weight | Downgrade |
| May 09, 2024 | Goldman Sachs | Neutral | Neutral | Hold |
| May 02, 2024 | Truist Financial | Buy | Buy | Hold |
| May 02, 2024 | Tigress Financial | Underperform | Underperform | Hold |
| May 02, 2024 | B. Riley | Buy | Buy | Hold |
| Oct 02, 2023 | B. Riley Securities | Buy | Buy | Hold |
| Aug 09, 2023 | CFRA | Buy | Upgrade | |
| May 12, 2022 | KeyBanc | Overweight | Overweight | Hold |
Topgolf Callaway Brands's last stock rating was published by Jefferies on Jan 02, 2025. The company Upgrade its MODG rating from "Hold" to "Buy".
Topgolf Callaway Brands Financial Forecast
Topgolf Callaway Brands Revenue Forecast
| Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | - | - | - | - | - | - | - | - | - | - | - | - | $897.10M | $1.04B | $1.18B | $1.17B | $851.30M | $988.50M | $1.12B | $1.04B | $711.72M | $856.46M | $913.64M | $651.62M | $374.63M | $475.56M | $297.00M | $442.28M | $311.94M | $426.22M |
| Avg Forecast | $982.10M | $1.10B | $1.25B | $1.23B | $927.56M | $1.05B | $1.19B | $1.17B | $884.74M | $981.84M | $1.19B | $1.16B | $867.25M | $1.05B | $1.19B | $1.14B | $840.38M | $944.80M | $1.10B | $1.02B | $694.06M | $845.60M | $755.21M | $562.99M | $337.44M | $445.62M | $286.33M | $459.19M | $305.49M | $420.43M |
| High Forecast | $1.00B | $1.12B | $1.28B | $1.25B | $946.90M | $1.08B | $1.21B | $1.20B | $888.30M | $995.92M | $1.19B | $1.16B | $892.34M | $1.07B | $1.22B | $1.16B | $852.17M | $944.80M | $1.10B | $1.02B | $694.06M | $845.60M | $755.21M | $562.99M | $337.44M | $445.62M | $286.33M | $459.19M | $305.49M | $420.43M |
| Low Forecast | $951.51M | $1.07B | $1.21B | $1.19B | $898.67M | $1.02B | $1.15B | $1.14B | $880.58M | $967.77M | $1.19B | $1.16B | $856.19M | $1.02B | $1.15B | $1.10B | $821.38M | $944.80M | $1.10B | $1.02B | $694.06M | $845.60M | $755.21M | $562.99M | $337.44M | $445.62M | $286.33M | $459.19M | $305.49M | $420.43M |
| # Analysts | 6 | 4 | 4 | 6 | 4 | 3 | 7 | 9 | 8 | 4 | 5 | 4 | 8 | 12 | 9 | 9 | 5 | 5 | 5 | 5 | 6 | 6 | 6 | 6 | 9 | 9 | 9 | 9 | 5 | 5 |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | 1.03% | 0.99% | 0.99% | 1.03% | 1.01% | 1.05% | 1.02% | 1.02% | 1.03% | 1.01% | 1.21% | 1.16% | 1.11% | 1.07% | 1.04% | 0.96% | 1.02% | 1.01% |
Topgolf Callaway Brands's average Quarter revenue forecast for Mar 24 based on 4 analysts is $1.16B, with a low forecast of $1.16B, and a high forecast of $1.16B. MODG's average Quarter revenue forecast represents a 28.93% increase compared to the company's last Quarter revenue of $897.10M (Dec 23).
Topgolf Callaway Brands EBITDA Forecast
| Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 6 | 4 | 4 | 6 | 4 | 3 | 7 | 9 | 8 | 4 | 5 | 4 | 8 | 12 | 9 | 9 | 5 | 5 | 5 | 5 | 6 | 6 | 6 | 6 | 9 | 9 | 9 | 9 | 5 | 5 |
| EBITDA | - | - | - | - | - | - | - | - | - | - | - | - | $22.40M | $20.00M | $71.30M | $126.50M | $19.30M | $75.20M | $189.60M | $145.00M | $-7.61M | $123.42M | $148.22M | $357.99M | $-23.84M | $81.01M | $-153.97M | $56.26M | $-12.99M | $51.29M |
| Avg Forecast | $107.77M | $120.81M | $137.36M | $134.62M | $101.79M | $115.68M | $130.34M | $128.32M | $97.09M | $107.74M | $130.71M | $126.93M | $95.17M | $115.71M | $130.67M | $124.73M | $92.39M | $103.76M | $120.49M | $112.10M | $76.22M | $92.86M | $82.94M | $61.83M | $37.06M | $48.94M | $31.45M | $50.43M | $33.55M | $46.17M |
| High Forecast | $110.02M | $123.33M | $140.22M | $137.43M | $103.91M | $118.09M | $133.06M | $131.64M | $97.48M | $109.29M | $130.71M | $126.93M | $97.92M | $117.63M | $133.39M | $127.33M | $93.69M | $103.76M | $120.49M | $112.10M | $76.22M | $92.86M | $82.94M | $61.83M | $37.06M | $48.94M | $31.45M | $50.43M | $33.55M | $46.17M |
| Low Forecast | $104.42M | $117.05M | $133.08M | $130.43M | $98.62M | $112.08M | $126.28M | $125.00M | $96.63M | $106.20M | $130.71M | $126.93M | $93.96M | $112.16M | $126.60M | $120.84M | $90.30M | $103.76M | $120.49M | $112.10M | $76.22M | $92.86M | $82.94M | $61.83M | $37.06M | $48.94M | $31.45M | $50.43M | $33.55M | $46.17M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | 0.24% | 0.17% | 0.55% | 1.01% | 0.21% | 0.72% | 1.57% | 1.29% | -0.10% | 1.33% | 1.79% | 5.79% | -0.64% | 1.66% | -4.90% | 1.12% | -0.39% | 1.11% |
4 analysts predict MODG's average Quarter EBITDA for Mar 24 to be $126.93M, with a high of $126.93M and a low of $126.93M. This is 466.64% upper than Topgolf Callaway Brands's previous annual EBITDA (Dec 23) of $22.40M.
Topgolf Callaway Brands Net Income Forecast
| Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 6 | 4 | 4 | 6 | 4 | 3 | 7 | 9 | 8 | 4 | 5 | 4 | 8 | 12 | 9 | 9 | 5 | 5 | 5 | 5 | 6 | 6 | 6 | 6 | 9 | 9 | 9 | 9 | 5 | 5 |
| Net Income | - | - | - | - | - | - | - | - | - | - | - | - | $-77.10M | $29.70M | $117.40M | $25.00M | $-72.70M | $38.50M | $105.40M | $86.70M | $-26.23M | $-15.99M | $91.74M | $272.46M | $-40.58M | $52.43M | $-167.68M | $28.89M | $-29.22M | $31.05M |
| Avg Forecast | $-11.03M | $-51.46M | $12.87M | $-18.38M | $-49.17M | $-8.82M | $45.03M | $13.23M | $-74.34M | $-31.57M | $50.09M | $2.84M | $-60.89M | $20.37M | $62.51M | $27.57M | $-39.82M | $30.14M | $84.20M | $44.74M | $-60.08M | $11.53M | $1.77M | $23.29M | $-38.92M | $62.10M | $-7.10M | $69.64M | $-47.11M | $48.10M |
| High Forecast | $-10.58M | $-49.38M | $13.21M | $-17.64M | $-47.18M | $-8.47M | $46.25M | $33.08M | $-42.74M | $-30.29M | $50.41M | $2.92M | $-36.90M | $27.16M | $64.20M | $28.32M | $-38.65M | $30.14M | $84.20M | $44.74M | $-60.08M | $11.53M | $1.77M | $23.29M | $-38.92M | $62.10M | $-7.10M | $69.64M | $-47.11M | $48.10M |
| Low Forecast | $-11.33M | $-52.86M | $12.35M | $-18.88M | $-50.50M | $-9.06M | $43.21M | $-9.93M | $-89.20M | $-32.42M | $49.78M | $2.73M | $-71.96M | $13.58M | $59.98M | $26.45M | $-40.55M | $30.14M | $84.20M | $44.74M | $-60.08M | $11.53M | $1.77M | $23.29M | $-38.92M | $62.10M | $-7.10M | $69.64M | $-47.11M | $48.10M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | 1.27% | 1.46% | 1.88% | 0.91% | 1.83% | 1.28% | 1.25% | 1.94% | 0.44% | -1.39% | 51.71% | 11.70% | 1.04% | 0.84% | 23.63% | 0.41% | 0.62% | 0.65% |
Topgolf Callaway Brands's average Quarter net income forecast for Dec 23 is $-60.89M, with a range of $-71.96M to $-36.90M. MODG's average Quarter net income forecast represents a -305.02% decrease compared to the company's last Quarter net income of $29.70M (Sep 23).
Topgolf Callaway Brands SG&A Forecast
| Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 6 | 4 | 4 | 6 | 4 | 3 | 7 | 9 | 8 | 4 | 5 | 4 | 8 | 12 | 9 | 9 | 5 | 5 | 5 | 5 | 6 | 6 | 6 | 6 | 9 | 9 | 9 | 9 | 5 | 5 |
| SG&A | - | - | - | - | - | - | - | - | - | - | - | - | $563.60M | $242.50M | $279.60M | $268.50M | $250.20M | $512.30M | $514.80M | $473.50M | $484.86M | $433.58M | $423.46M | $239.32M | $158.48M | $127.08M | $115.22M | $141.75M | $140.38M | $138.36M |
| Avg Forecast | $328.78M | $368.56M | $419.03M | $410.69M | $310.52M | $352.89M | $397.62M | $391.46M | $296.18M | $328.69M | $398.75M | $387.21M | $290.33M | $353.00M | $398.63M | $380.49M | $281.33M | $370.89M | $430.71M | $400.70M | $272.46M | $331.95M | $296.47M | $221.01M | $132.47M | $174.93M | $112.40M | $180.26M | $119.93M | $165.05M |
| High Forecast | $335.63M | $376.25M | $427.76M | $419.25M | $316.99M | $360.25M | $405.91M | $401.58M | $297.37M | $333.40M | $398.75M | $387.21M | $298.73M | $358.84M | $406.94M | $388.43M | $285.28M | $370.89M | $430.71M | $400.70M | $272.46M | $331.95M | $296.47M | $221.01M | $132.47M | $174.93M | $112.40M | $180.26M | $119.93M | $165.05M |
| Low Forecast | $318.54M | $357.08M | $405.98M | $397.90M | $300.85M | $341.90M | $385.24M | $381.34M | $294.79M | $323.98M | $398.75M | $387.21M | $286.62M | $342.15M | $386.21M | $368.64M | $274.97M | $370.89M | $430.71M | $400.70M | $272.46M | $331.95M | $296.47M | $221.01M | $132.47M | $174.93M | $112.40M | $180.26M | $119.93M | $165.05M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | 1.94% | 0.69% | 0.70% | 0.71% | 0.89% | 1.38% | 1.20% | 1.18% | 1.78% | 1.31% | 1.43% | 1.08% | 1.20% | 0.73% | 1.03% | 0.79% | 1.17% | 0.84% |
Topgolf Callaway Brands's average Quarter SG&A projection for Mar 24 is $387.21M, based on 4 Wall Street analysts, with a range of $387.21M to $387.21M. The forecast indicates a -31.30% fall compared to MODG last annual SG&A of $563.60M (Dec 23).
Topgolf Callaway Brands EPS Forecast
| Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 6 | 4 | 4 | 6 | 4 | 3 | 7 | 9 | 8 | 4 | 5 | 4 | 8 | 12 | 9 | 9 | 5 | 5 | 5 | 5 | 6 | 6 | 6 | 6 | 9 | 9 | 9 | 9 | 5 | 5 |
| EPS | - | - | - | - | - | - | - | - | - | - | - | - | $-0.42 | $0.16 | $0.63 | $0.13 | $-0.39 | $0.21 | $0.57 | $0.47 | $-0.14 | $-0.09 | $0.50 | $2.32 | $-0.43 | $0.56 | $-1.78 | $0.31 | $-0.31 | $0.33 |
| Avg Forecast | $-0.06 | $-0.28 | $0.07 | $-0.10 | $-0.27 | $-0.05 | $0.24 | $0.07 | $-0.40 | $-0.17 | $0.27 | $0.02 | $-0.33 | $0.11 | $0.34 | $0.15 | $-0.22 | $0.15 | $0.42 | $0.22 | $-0.30 | $0.06 | $0.01 | $0.12 | $-0.20 | $0.31 | $-0.04 | $0.35 | $-0.24 | $0.24 |
| High Forecast | $-0.06 | $-0.27 | $0.07 | $-0.10 | $-0.26 | $-0.05 | $0.25 | $0.18 | $-0.23 | $-0.16 | $0.27 | $0.02 | $-0.20 | $0.15 | $0.35 | $0.15 | $-0.21 | $0.15 | $0.42 | $0.22 | $-0.30 | $0.06 | $0.01 | $0.12 | $-0.20 | $0.31 | $-0.04 | $0.35 | $-0.24 | $0.24 |
| Low Forecast | $-0.06 | $-0.29 | $0.07 | $-0.10 | $-0.27 | $-0.05 | $0.24 | $-0.05 | $-0.49 | $-0.18 | $0.27 | $0.01 | $-0.39 | $0.07 | $0.33 | $0.14 | $-0.22 | $0.15 | $0.42 | $0.22 | $-0.30 | $0.06 | $0.01 | $0.12 | $-0.20 | $0.31 | $-0.04 | $0.35 | $-0.24 | $0.24 |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | 1.27% | 1.44% | 1.85% | 0.87% | 1.80% | 1.39% | 1.35% | 2.10% | 0.47% | -1.56% | 56.25% | 19.89% | 2.21% | 1.80% | 50.06% | 0.89% | 1.31% | 1.37% |
According to 8 Wall Street analysts, Topgolf Callaway Brands's projected average Quarter EPS for Dec 23 is $-0.33, with a low estimate of $-0.39 and a high estimate of $-0.20. This represents a -307.06% decrease compared to MODG previous annual EPS of $0.16 (Sep 23).
Topgolf Callaway Brands Peer Comparison by Price Target
| Ticker | Company | Last Closing Price | Avg Price Target | Upside/Downside | Avg Rating |
|---|---|---|---|---|---|
| MODG | Topgolf Callaway Brands | $7.98 | $12.25 | 53.51% | Buy |
| YETI | YETI | $37.74 | $51.33 | 36.01% | Buy |
| FUN | Six Flags Entertainment | $45.02 | $55.17 | 22.55% | Buy |
| MAT | Mattel | $18.78 | $21.33 | 13.58% | Buy |
| LTH | Life Time Group | $29.32 | $30.67 | 4.60% | Hold |
| XPOF | Xponential Fitness | $16.90 | $16.75 | -0.89% | Buy |
| PLNT | Planet Fitness | $107.51 | $86.71 | -19.35% | Buy |
| GOLF | Acushnet | $65.88 | $52.67 | -20.05% | Buy |