Topgolf Callaway Brands stock faces mixed analyst calls

Published on 10/01/2026 at 02:02 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

UBS lowered its target from USD 19.00 to USD 17.00 on September 14, 2026, keeping a Neutral rating. Q2 EPS beat consensus at USD 0.39.

MODG, US89056E1055, Illustration mit AI erstellt.

Topgolf Callaway Brands stock was last at EUR 13.60 on Tradegate on September 7, 2026 at 10:02 p.m. CEST. The central question for the former MODG name is now how analysts weigh stronger earnings against weaker sales.

UBS cuts its target

According to MarketBeat on September 14, 2026, UBS lowered its price target from USD 19.00 to USD 17.00 and kept a Neutral rating. The revised target remains USD 2.32 above the Tradegate quote when comparing the two currencies only as separate reference points, so the figures should not be treated as a single return calculation.

The analyst split is meaningful. MarketBeat reported on September 1, 2026, that Truist raised its target from USD 19.00 to USD 20.00 and maintained a Buy rating. The competing calls point to a stock story driven by execution rather than a uniform analyst view.

Q2 earnings beat estimates

For Q2 2026, the company generated USD 612.2 million in revenue and adjusted EPS of USD 0.39, versus consensus EPS of USD 0.35, according to MarketBeat. EPS therefore exceeded consensus by USD 0.04, while revenue declined 44.9 percent year over year.

The earnings mix is the key counterweight to the target revisions. Profitability improved enough to beat the quarterly estimate, but the sales comparison shows that demand and portfolio transition remain material valuation factors.

Callaway name now leads

MarketScreener identifies the issuer as Callaway Golf Company, formerly Topgolf Callaway Brands Corp., with the NYSE ticker CALY. That change separates the current corporate identity from the MODG label while leaving the golf equipment and apparel business at the center of the investment case.

Tradegate quote remains dated

The last quoted Tradegate price was EUR 13.60 on September 7, 2026 at 10:02 p.m. CEST. The dated quotation and the split analyst targets leave Q2 execution, especially the USD 0.39 adjusted EPS against USD 0.35 consensus, as the clearest measurable checkpoint.