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CALY Overview

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ET
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0.000
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ET
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Intellectia

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High
17.700
Open
15.970
VWAP
16.99
Vol
8.09M
Mkt Cap
3.19B
Low
15.740
Amount
137.43M
EV/EBITDA(TTM)
--
Total Shares
181.98M
EV
--
EV/OCF(TTM)
--
P/S(TTM)
--
Callaway Golf Company, formerly Topgolf Callaway Brands Corp., is a golf equipment, gear and apparel company. The Company designs, manufactures, and sells high-performance golf clubs, golf balls, apparel, bags, and other accessories. Its products are distributed through a mix of on-course, specialty retail, wholesale, direct-to-consumer and international channels. It operates through two segments: Golf Equipment, Apparel, Gear and Other. Golf Equipment segment consists of golf club and golf ball products, including Callaway Golf-branded woods, hybrids, irons, wedges, Odyssey putters, packaged sets, Callaway Golf-branded golf balls and sales of pre-owned golf clubs. Apparel, Gear and Other segments consist of TravisMathew golf and lifestyle apparel and accessories business. Its golf club products include woods, drivers, fairway woods, hybrids and irons and wedges. It offers a two-piece golf ball consisting of a core and cover or a multilayer golf ball with two or more components.
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Events Timeline

(ET)
2026-05-07
16:40:00
Company Reports Q1 Revenue of $687.5M
select
2026-05-07
16:40:00
Callaway Golf Sees FY26 Revenue of $2.02B-$2.07B
select
2026-04-15 (ET)
2026-04-15
13:30:00
Saudi Arabia's PIF Considers Cutting Support for LIV Golf
select
link
2026-02-12 (ET)
2026-02-12
19:50:00
Corsair Gaming Rises 28.2% After Earnings
select

News

seekingalpha
9.5
05-08seekingalpha
Callaway Golf Company Q1 2026 Earnings Call Insights
  • Significant Revenue Growth: Callaway Golf Company reported Q1 revenue of $688 million, a 9% year-over-year increase that exceeded expectations, demonstrating strong market performance amid macroeconomic uncertainties.
  • Substantial EBITDA Increase: Adjusted EBITDA reached $164 million, up 31% from the previous year, reflecting successful cost control and pricing strategies that further enhanced profitability.
  • Stable Market Share: Callaway maintains a #2 market share position in the U.S. golf equipment market, with March golf ball market share rising 350 basis points year-over-year to 23.9%, indicating strong product demand and market response.
  • Optimistic Future Outlook: Management raised full-year 2026 net sales expectations to $2.015 billion to $2.070 billion, while adjusted EBITDA is projected to reach $211 million to $233 million, reflecting confidence in future performance.
seekingalpha
9.5
05-07seekingalpha
Topgolf Callaway Brands Q1 Earnings Beat Expectations
  • Earnings Highlights: Topgolf Callaway Brands reported a Q1 non-GAAP EPS of $0.33, missing expectations by $0.09; however, revenue reached $687.5 million, a 9.2% year-over-year increase, beating market expectations by $36.1 million, indicating strong market performance.
  • Sales Outlook Upgrade: The company raised its full-year 2026 net sales outlook to between $2.015 billion and $2.070 billion, surpassing the consensus estimate of $2.04 billion, reflecting management's confidence in future performance and sustained market demand.
  • Adjusted EBITDA Forecast: Topgolf Callaway Brands increased its adjusted EBITDA outlook to between $211 million and $233 million, demonstrating proactive efforts in cost control and profitability, which further bolstered investor confidence.
  • Stock Price Reaction: Following the earnings report, Topgolf Callaway Brands' shares rose by 9% in after-hours trading, reflecting a positive market reaction and significantly enhancing investor sentiment regarding the company's growth potential.
PRnewswire
9.5
05-07PRnewswire
Callaway Golf Reports Strong Q1 Performance with Increased Sales and EBITDA
  • Significant Sales Growth: Callaway Golf reported net sales of $687.5 million in Q1, reflecting a 9.2% year-over-year increase, with the Golf Equipment segment growing by 9.5%, indicating strong demand for new products and a healthy start to the golf season, which is expected to drive overall annual performance.
  • Substantial EBITDA Increase: The company achieved an Adjusted EBITDA of $163.7 million in Q1, representing a 31.1% year-over-year growth, primarily driven by increased sales and improved gross margins, showcasing effective cost-saving measures and margin enhancement initiatives.
  • Upgraded Full-Year Outlook: Callaway raised its full-year 2026 net sales and Adjusted EBITDA guidance to between $2.015 billion and $2.070 billion, and $211 million to $233 million respectively, reflecting management's confidence in future market demand despite macroeconomic uncertainties.
  • Improved Gross Margins: The GAAP and non-GAAP gross margins for Q1 increased to 47.5% and 47.7%, respectively, primarily due to sales growth and positive impacts from the company's margin enhancement initiatives, further strengthening the company's profitability and competitive position in the market.
Yahoo Finance
9.0
04-22Yahoo Finance
Golf Entertainment Sector Faces Challenges Amid Bankruptcy Filings
  • Topgolf Stake Sale: On January 1, 2026, Topgolf Callaway Brands Corp. sold a 60% stake in its Topgolf and Toptracer businesses for a valuation of $1.1 billion, which will net the seller approximately $660 million, significantly lower than the $2 billion valuation in October 2020, indicating ongoing struggles in the golf entertainment sector.
  • Craft Putt Bankruptcy Filing: Competitor Craft Putt LLC filed for Chapter 11 bankruptcy protection on April 17, 2026, with assets up to $100,000 and liabilities ranging from $1 million to $10 million, highlighting the vulnerability of small golf and taproom chains under economic pressure.
  • Industry-Wide Challenges: In 2025, several golf-related businesses, including PinSeekers DeForest and Meadows Country Club, filed for bankruptcy, reflecting a broader financial crisis and declining market demand across the industry.
  • Nicklaus Companies Bankruptcy: Iconic golf course design firm Nicklaus Companies filed for Chapter 11 bankruptcy protection on November 21, 2025, after losing a $50 million judgment in a lawsuit, further exacerbating the confidence crisis within the golf sector.
CNBC
4.0
04-18CNBC
Consumer Spending Affected by Geopolitical Tensions
  • Registration Fluctuations: Robert Evans, CEO of Cycling Quests, noted that major economic events like tariffs and wars lead to fluctuations in event registrations, with lower-priced events seeing a 20-30% drop, impacting revenue and market share.
  • Significant Economic Impact: Each out-of-town participant in smaller city events generates approximately $900-$1,000 in economic activity; however, reduced consumer participation due to high gas prices and uncertainty is leading to declines in local dining and retail revenues.
  • Fragile Consumer Psychology: While Bank of America reported a 16.5% increase in consumer spending in March, the consumer sentiment index fell to 47.6, indicating concerns about the economy's future, which is affecting discretionary spending on entertainment and leisure activities.
  • Mixed Industry Responses: Despite declines in traffic for many entertainment sectors like bowling and escape rooms, movie theaters are experiencing growth due to new releases, demonstrating that consumers are still willing to spend under certain circumstances.
Fool
6.5
04-08Fool
O'Keefe Stevens Increases Stake in Callaway Golf Company
  • Stake Increase: O'Keefe Stevens Advisory, Inc. purchased an additional 2,680 shares of Callaway Golf Company in Q1 2026, raising its total holdings to 1,175,164 shares, with a current stake valued at $16.31 million, indicating a bullish outlook on the stock.
  • Asset Allocation Shift: This increase raised O'Keefe Stevens' stake in Callaway from 3.5% to 4.03%, reflecting a positive sentiment that may attract further investor interest in the company.
  • Financial Health Improvement: Callaway's stock surged 177.5% in 2026, reaching a 52-week high of $16.65 in January, driven by strategic divestitures of Jack Wolfskin and a 60% stake in Topgolf, which allowed it to pay down $1 billion in debt and strengthen its balance sheet.
  • Cautious Future Outlook: Despite improved financials, Callaway forecasts flat sales for 2026 compared to $2.1 billion in 2025, and its current high price-to-sales ratio suggests that investors should monitor the company's performance closely in the coming quarters before making investment decisions.
Wall Street analysts forecast CALY stock price to rise
0 Analyst Rating
Wall Street analysts forecast CALY stock price to rise
0 Buy
0 Hold
0 Sell
Current: 0.000
sliders
Low
Averages
High
Current: 0.000
sliders
Low
Averages
High
Roth Capital
Buy
maintain
$16 -> $20
AI Analysis
2026-05-08
New
Reason
Roth Capital
Price Target
$16 -> $20
AI Analysis
2026-05-08
New
maintain
Buy
Reason
Roth Capital raised the firm's price target on Callaway Golf to $20 from $16 and keeps a Buy rating on the shares. The company reported strong Q1 results as industry trends remain favorable and Callaway's significant market share is holding in, the analyst tells investors in a research note.
JPMorgan
Neutral
maintain
$15 -> $17
2026-05-08
New
Reason
JPMorgan
Price Target
$15 -> $17
2026-05-08
New
maintain
Neutral
Reason
JPMorgan raised the firm's price target on Callaway Golf to $17 from $15 and keeps a Neutral rating on the shares.
Unlock Full Analyst Thesis, Get the complete breakdown of rating reason for CALY
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Valuation Metrics

The current forward P/E ratio for Callaway Golf Co (CALY.N) is 27.03, compared to its 5-year average forward P/E of 26.23. For a more detailed relative valuation and DCF analysis to assess Callaway Golf Co's fair value, Click here.

Forward PE

The forward P/E ratio is a valuation metric that divides a company's current stock price by its estimated future earnings per share over the next 12 months.
StronglyUndervaluedUndervaluedFairOvervaluedStronglyOvervalueddotted line Image
5Y Average PE
26.23
Current PE
27.03
Overvalued PE
27.61
Undervalued PE
24.86

Forward EV/EBITDA

The forward EV/EBITDA ratio is a valuation metric that divides a company's enterprise value (EV) by its estimated future earnings before interest, taxes, depreciation, and amortization (EBITDA) over the next 12 months.
StronglyUndervaluedUndervaluedFairOvervaluedStronglyOvervalueddotted line Image
N/A
5Y Average EV/EBITDA
12.04
Current EV/EBITDA
-13.49
Overvalued EV/EBITDA
30.42
Undervalued EV/EBITDA
-6.33

Forward PS

The forward P/S ratio is a valuation metric that divides a company's current stock price by its estimated future sales (or revenue) per share over the next 12 months.
StronglyUndervaluedUndervaluedFairOvervaluedStronglyOvervalueddotted line Image
5Y Average PS
1.25
Current PS
1.28
Overvalued PS
1.31
Undervalued PS
1.19

Financials

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Whales Holding CALY

L
Leonard Green & Partners, L.P.
Holding
CALY
+23.88%
3M Return
S
Shapiro Capital Management LLC
Holding
CALY
+6.13%
3M Return

Trading Trends

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Frequently Asked Questions

What is Callaway Golf Co (CALY) stock price today?

The current price of CALY is 17.52 USD — it has increased 18.62

What is Callaway Golf Co (CALY)'s business?

Callaway Golf Company, formerly Topgolf Callaway Brands Corp., is a golf equipment, gear and apparel company. The Company designs, manufactures, and sells high-performance golf clubs, golf balls, apparel, bags, and other accessories. Its products are distributed through a mix of on-course, specialty retail, wholesale, direct-to-consumer and international channels. It operates through two segments: Golf Equipment, Apparel, Gear and Other. Golf Equipment segment consists of golf club and golf ball products, including Callaway Golf-branded woods, hybrids, irons, wedges, Odyssey putters, packaged sets, Callaway Golf-branded golf balls and sales of pre-owned golf clubs. Apparel, Gear and Other segments consist of TravisMathew golf and lifestyle apparel and accessories business. Its golf club products include woods, drivers, fairway woods, hybrids and irons and wedges. It offers a two-piece golf ball consisting of a core and cover or a multilayer golf ball with two or more components.

What is the price predicton of CALY Stock?

Wall Street analysts forecast CALY stock price to fall over the next 12 months. According to Wall Street analysts, the average 1-year price target for CALY is USD with a low forecast of USD and a high forecast of USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.

What is Callaway Golf Co (CALY)'s revenue for the last quarter?

Callaway Golf Co revenue for the last quarter amounts to 687.50M USD, decreased -37.06

What is Callaway Golf Co (CALY)'s earnings per share (EPS) for the last quarter?

Callaway Golf Co. EPS for the last quarter amounts to 0.46 USD, increased 4500.00

How many employees does Callaway Golf Co (CALY). have?

Callaway Golf Co (CALY) has 28000 emplpoyees as of May 10 2026.

What is Callaway Golf Co (CALY) market cap?

Today CALY has the market capitalization of 3.19B USD.