Topgolf Callaway Brands (NYSE:CALY) Raised to “Strong-Buy” at Zacks Research

Posted by Lauren Steadman on Apr 17th, 2026

Topgolf Callaway Brands (NYSE:CALY – Get Free Report) was upgraded by equities researchers at Zacks Research from a “hold” rating to a “strong-buy” rating in a research note issued to investors on Wednesday,Zacks.com reports.

CALY has been the topic of several other research reports. Weiss Ratings assumed coverage on shares of Topgolf Callaway Brands in a report on Tuesday, March 3rd. They issued a “sell (d-)” rating on the stock. UBS Group raised their target price on shares of Topgolf Callaway Brands from $11.00 to $15.00 and gave the company a “neutral” rating in a report on Friday, March 27th. One research analyst has rated the stock with a Strong Buy rating, one has given a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat, the company has a consensus rating of “Hold” and a consensus price target of $15.00.

Read Our Latest Research Report on Topgolf Callaway Brands

Topgolf Callaway Brands Stock Up 5.4%

NYSE:CALY traded up $0.78 during mid-day trading on Wednesday, hitting $15.08. The stock had a trading volume of 918,924 shares, compared to its average volume of 2,931,115. The stock has a market cap of $2.74 billion, a price-to-earnings ratio of -47.14 and a beta of 0.96. Topgolf Callaway Brands has a twelve month low of $5.86 and a twelve month high of $16.65. The company has a quick ratio of 1.22, a current ratio of 1.36 and a debt-to-equity ratio of 0.31.

About Topgolf Callaway Brands

(Get Free Report)

Topgolf Callaway Brands plc (NYSE: MODG) is a leading global sports and entertainment company formed through the merger of Callaway Golf Company and Topgolf Entertainment Group in July 2022. The company combines Callaway’s heritage in golf equipment design and manufacturing with Topgolf’s innovative, technology-driven entertainment venues. Topgolf Callaway Brands serves a diverse audience of golf enthusiasts, casual players and social visitors, offering experiences that span both competitive sport and leisure activities.

Under the Callaway Golf brand, the company develops and markets a broad portfolio of premium golf clubs, balls, accessories and apparel.