Argus cut target to USD 11 for Callaway Golf stock
Published on 10/08/2026 at 20:04 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWSKey points in brief
- Argus cut its Callaway Golf price target to USD 11.00 on September 30, 2026.
- Callaway Golf stock was EUR 12.38 at Lang & Schwarz on October 8, 2026, down 0.32 percent.
- Second-quarter revenue reached USD 612.20 million, compared with USD 605.60 million expected.
- The company is scheduled to report third-quarter results on November 5, 2026, according to an earnings calendar.
Callaway Golf Company stock (US1311931042) was trading at EUR 12.38 at Lang & Schwarz on October 8, 2026 at 7:58 p.m. CEST, down 0.32 percent versus the prior close of EUR 12.42. According to Yahoo Finance on September 30, 2026, Argus cut its price target to USD 11.00.
Three valuation milestones
On February 12, 2026, Callaway Golf reported quarterly revenue of USD 787.41 million, according to Eulerpool. On August 4, 2026, second-quarter revenue reached USD 612.20 million against USD 605.60 million expected, while adjusted earnings per share came to USD 0.39 versus USD 0.35 expected, according to MarketScreener. On September 30, 2026, Argus set the target at USD 11.00, the latest dated event in this sequence.
What does the target cut imply?
The primary-market quote was USD 13.86 on October 8, 2026 at 2:01 p.m. ET. The Argus target therefore stood 20.64 percent below that price, a sharper valuation signal than the 0.32 percent daily decline in the euro quote.
UBS had cut its target from USD 19.00 to USD 17.00 while retaining a Neutral rating on September 14, 2026, according to MarketScreener. That sequence places the USD 11.00 view below both the earlier UBS target and the current primary-market quote.
Next reporting date
Yahoo Finance lists an estimated third-quarter reporting date of November 5, 2026, giving investors the next scheduled checkpoint for revenue and earnings per share.
Euro quote after the Xetra close
At Lang & Schwarz, Callaway Golf stock was trading at EUR 12.38 on October 8, 2026 at 7:58 p.m. CEST, after the Xetra close, down 0.32 percent versus the prior close of EUR 12.42. The primary-market 52-week range was USD 8.39 to USD 20.28, with market capitalization of USD 2.5 billion as of October 8, 2026. The further course of trading is shown by the continuously updated real-time quote of Callaway Golf stock.
Callaway Golf stock at a glance
- Company: Callaway Golf Company
- ISIN: US1311931042
- Ticker: CALY
- Primary exchange: NYSE
- Price Lang & Schwarz (as of October 8, 2026, 7:58 p.m. CEST): EUR 12.38
- Change versus prior close: minus 0.32 percent
- Prior close Lang & Schwarz (October 7, 2026): EUR 12.42
- Market capitalization: USD 2.5 billion (as of October 8, 2026)
- 52-week range: USD 8.39-20.28 (as of October 8, 2026)
- Sector / Industry: Consumer Cyclical / Leisure
Market context: Market report S&P 500.
