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Topgolf Callaway Brands Corp has a consensus price target of $16.15 based on the ratings of 16 analysts. The high is $38 issued by Tigress Financial on April 12, 2024. The low is $10 issued by TD Cowen on September 17, 2024. The 3 most-recent analyst ratings were released by Truist Securities, Jefferies, and Roth MKM on January 7, 2025, January 2, 2025, and November 14, 2024, respectively. With an average price target of $13.67 between Truist Securities, Jefferies, and Roth MKM, there's an implied 63.09% upside for Topgolf Callaway Brands Corp from these most-recent analyst ratings.
1calculated from analyst ratings
The latest price target for Topgolf Callaway Brands (NYSE:MODG) was reported by Truist Securities on January 7, 2025. The analyst firm set a price target for $12.00 expecting MODG to rise to within 12 months (a possible 43.20% upside). 25 analyst firms have reported ratings in the last year.
The latest analyst rating for Topgolf Callaway Brands (NYSE:MODG) was provided by Truist Securities, and Topgolf Callaway Brands maintained their buy rating.
The last upgrade for Topgolf Callaway Brands Corp happened on January 2, 2025 when Jefferies raised their price target to $13. Jefferies previously had a hold for Topgolf Callaway Brands Corp.
The last downgrade for Topgolf Callaway Brands Corp happened on October 17, 2024 when B. Riley Securities changed their price target from $18 to $12 for Topgolf Callaway Brands Corp.
Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of Topgolf Callaway Brands, and listening in to earnings conference calls. Most analysts do this every three months, so you should get 4 ratings per company per firm each year. The last rating for Topgolf Callaway Brands was filed on January 7, 2025 so you should expect the next rating to be made available sometime around January 7, 2026.
While ratings are subjective and will change, the latest Topgolf Callaway Brands (MODG) rating was a maintained with a price target of $14.00 to $12.00. The current price Topgolf Callaway Brands (MODG) is trading at is $8.38, which is out of the analyst’s predicted range.
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