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 $20.38 (represents a 139.76% upside from MODG’s last price of $8.50) and a rating consensus of 'Hold', 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 $20.38 based on 1-year price targets from 9 Wall Street analysts in the past 3 months, with a price target range of $44.00 to $12.00. This represents a potential 139.76% upside from MODG's last price of $8.50.
MODG Analyst Ratings
According to 9 Wall Street analysts, Topgolf Callaway Brands's rating consensus is 'Hold'. The analyst rating breakdown for MODG stock is 0 'Strong Buy' (0.00%), 4 'Buy' (44.44%), 5 'Hold' (55.56%), 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 |
|---|---|---|---|---|---|---|
| Oct 17, 2024 | Eric Wold | B.Riley Financial | $12.00 | $10.83 | 10.80% | 41.18% |
| Sep 12, 2024 | Alexander Perry | Bank of America Securities | $12.00 | $9.24 | 29.87% | 41.18% |
| Aug 29, 2024 | Randal Konik | Jefferies | $12.00 | $10.57 | 13.53% | 41.18% |
| May 09, 2024 | Kate McShane | Goldman Sachs | $15.00 | $15.25 | -1.64% | 76.47% |
| May 09, 2024 | Zachary Warring | CFRA | $18.00 | $15.46 | 16.43% | 111.76% |
| Apr 29, 2024 | Michael Swartz | Truist Financial | $20.00 | $15.85 | 26.18% | 135.29% |
| May 12, 2022 | Brett Andress | KeyBanc | $30.00 | $20.80 | 44.23% | 252.94% |
| Aug 10, 2021 | George Kelly | Roth Capital | $44.00 | $31.73 | 38.67% | 417.65% |
The latest Topgolf Callaway Brands stock forecast, released on Oct 17, 2024 by Eric Wold from B.Riley Financial, set a price target of $12.00, which represents a 10.80% increase from the stock price at the time of the forecast ($10.83), and a 41.18% increase from MODG last price ($8.50).
Topgolf Callaway Brands Price Target by Period
| 1M | 3M | 12M | |
|---|---|---|---|
| # Anlaysts | - | 3 | 6 |
| Avg Price Target | - | $12.00 | $14.83 |
| Last Closing Price | $8.50 | $8.50 | $8.50 |
| Upside/Downside | -100.00% | 41.18% | 74.47% |
In the current month, the average price target of Topgolf Callaway Brands stock is -, according to 0 Wall Street analyst offering twelve months forecast. The average price target represents a -100.00% decrease as opposed to Topgolf Callaway Brands's last price of $8.50. This month's average price target is down -100.00% compared to last quarter, and down -100.00% compared to last year.
Analyst Ratings Upgrades/Downgrades
| Date | Company | Previous Rating | New Rating | Rating Change |
|---|---|---|---|---|
| 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 |
Topgolf Callaway Brands's last stock rating was published by CFRA on Nov 13, 2024. The company gave MODG a "Buy" rating, the same as its previous rate.
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 | $1.12B | $1.28B | $1.23B | $932.93M | $1.05B | $1.19B | $1.17B | $891.56M | $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 | $992.93M | $1.13B | $1.30B | $1.25B | $943.21M | $1.06B | $1.20B | $1.19B | $894.58M | $995.92M | $1.19B | $1.16B | $892.34M | $1.07B | $1.20B | $1.15B | $849.64M | $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 | $965.21M | $1.10B | $1.26B | $1.21B | $916.89M | $1.03B | $1.17B | $1.14B | $886.81M | $967.77M | $1.19B | $1.16B | $856.19M | $1.02B | $1.17B | $1.12B | $825.93M | $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 | 5 | 4 | 5 | 4 | 4 | 3 | 4 | 8 | 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 | 5 | 4 | 5 | 4 | 4 | 3 | 4 | 8 | 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 | $107.97M | $123.12M | $140.88M | $135.40M | $102.57M | $115.26M | $130.88M | $128.76M | $98.02M | $107.95M | $130.96M | $127.17M | $95.35M | $115.93M | $130.92M | $124.96M | $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 | $109.16M | $124.48M | $142.43M | $136.90M | $103.70M | $116.53M | $132.33M | $130.96M | $98.35M | $109.49M | $130.96M | $127.17M | $98.11M | $117.85M | $132.36M | $126.34M | $93.41M | $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 | $106.12M | $121.01M | $138.46M | $133.08M | $100.80M | $113.28M | $128.63M | $125.46M | $97.50M | $106.40M | $130.96M | $127.17M | $94.13M | $112.37M | $128.66M | $122.81M | $90.80M | $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 % | - | - | - | - | - | - | - | - | - | - | - | - | 0.23% | 0.17% | 0.54% | 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 $127.17M, with a high of $127.17M and a low of $127.17M. This is 467.70% 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 | 5 | 4 | 5 | 4 | 4 | 3 | 4 | 8 | 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 | $-1.84M | $56.98M | $27.57M | $-45.42M | $-12.46M | $47.18M | $14.30M | $-72.78M | $-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 | $-10.78M | $-1.80M | $57.79M | $27.97M | $-44.41M | $-12.18M | $47.85M | $42.89M | $-29.11M | $-30.86M | $50.41M | $2.88M | $-36.90M | $27.16M | $63.40M | $27.97M | $-38.93M | $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 | $-11.19M | $-1.86M | $55.70M | $26.95M | $-46.07M | $-12.64M | $46.12M | $-6.13M | $-99.82M | $-32.02M | $49.78M | $2.78M | $-71.96M | $13.58M | $61.11M | $26.95M | $-40.40M | $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 | 5 | 4 | 5 | 4 | 4 | 3 | 4 | 8 | 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 | $385.54M | $439.63M | $503.03M | $483.48M | $366.23M | $411.57M | $467.34M | $459.75M | $349.99M | $385.43M | $467.60M | $454.06M | $340.45M | $413.94M | $467.45M | $446.18M | $329.90M | $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 | $389.79M | $444.48M | $508.57M | $488.81M | $370.27M | $416.10M | $472.49M | $467.61M | $351.18M | $390.96M | $467.60M | $454.06M | $350.30M | $420.79M | $472.60M | $451.10M | $333.54M | $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 | $378.91M | $432.07M | $494.38M | $475.17M | $359.94M | $404.49M | $459.31M | $447.96M | $348.13M | $379.91M | $467.60M | $454.06M | $336.11M | $401.22M | $459.41M | $438.51M | $324.23M | $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 % | - | - | - | - | - | - | - | - | - | - | - | - | 1.66% | 0.59% | 0.60% | 0.60% | 0.76% | 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 $454.06M, based on 4 Wall Street analysts, with a range of $454.06M to $454.06M. The forecast indicates a -19.44% 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 | 5 | 4 | 5 | 4 | 4 | 3 | 4 | 8 | 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 | $-0.01 | $0.31 | $0.15 | $-0.25 | $-0.07 | $0.26 | $0.08 | $-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 | $-0.01 | $0.31 | $0.15 | $-0.24 | $-0.07 | $0.26 | $0.23 | $-0.16 | $-0.17 | $0.27 | $0.02 | $-0.20 | $0.15 | $0.34 | $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 | $-0.01 | $0.30 | $0.15 | $-0.25 | $-0.07 | $0.25 | $-0.03 | $-0.54 | $-0.17 | $0.27 | $0.02 | $-0.39 | $0.07 | $0.33 | $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 |
| 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 | $8.50 | $20.38 | 139.76% | Hold |
| YETI | YETI | $38.01 | $71.31 | 87.61% | Buy |
| XPOF | Xponential Fitness | $15.61 | $25.18 | 61.31% | Buy |
| BOWL | Bowlero | $11.48 | $16.75 | 45.91% | Buy |
| MAT | Mattel | $18.31 | $25.25 | 37.90% | Buy |
| SEAS | United Parks & Resorts | $50.30 | $64.50 | 28.23% | Buy |
| SIX | Six Flags Entertainment | $32.00 | $39.00 | 21.88% | Buy |
| FUN | Six Flags Entertainment | $45.83 | $52.25 | 14.01% | Buy |
| LTH | Life Time Group | $24.57 | $24.43 | -0.57% | Hold |
| PLNT | Planet Fitness | $97.87 | $85.90 | -12.23% | Buy |
| GOLF | Acushnet | $69.21 | $52.67 | -23.90% | Buy |