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Upturn AI SWOT - About
MODG 
Callaway Golf Company (MODG)
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Upturn Advisory Summary
10/24/2025: MODG (1-star) is currently NOT-A-BUY. Pass it for now.
Upturn Star Rating
Not Recommended Performance
These Stocks/ETFs, based on Upturn Advisory, consistently fall short of market performance, signaling caution before investing.
Number of Analysts
10 Analysts rated it
Moderately tracked stock, growing coverage, gaining market and investor attention.
1 Year Target Price $10.44
1 Year Target Price $10.44
| 2 | Strong Buy |
| 1 | Buy |
| 5 | Hold |
| 1 | Sell |
| 1 | Strong Sell |
Analysis of Past Performance
Type Stock | Historic Profit -44.54% | Avg. Invested days 24 | Today’s Advisory PASS |
Upturn Star Rating | Upturn Advisory Performance  1.0 | Stock Returns Performance  1.0 |
| Profits based on simulation | Last Close 10/24/2025 |
Key Highlights
Company Size Small-Cap Stock | Market Capitalization 1.85B USD | Price to earnings Ratio - | 1Y Target Price 10.44 |
Price to earnings Ratio - | 1Y Target Price 10.44 | ||
Volume (30-day avg) 10 | Beta 1.25 | 52 Weeks Range 5.42 - 10.74 | Updated Date 10/26/2025 |
52 Weeks Range 5.42 - 10.74 | Updated Date 10/26/2025 | ||
Dividends yield (FY) - | Basic EPS (TTM) -8.13 |
Analyzing Revenue: Products, Geography and Growth
Revenue by Products
Product revenue - Year on Year
Revenue by Geography
Geography revenue - Year on Year
Earnings Date
Report Date - | When - | Estimate - | Actual - |
Profitability
Profit Margin -36.08% | Operating Margin (TTM) 10.48% |
Management Effectiveness
Return on Assets (TTM) 1.7% | Return on Equity (TTM) -46.53% |
Valuation
Trailing PE - | Forward PE 156.25 | Enterprise Value 4000557789 | Price to Sales(TTM) 0.45 |
Enterprise Value 4000557789 | Price to Sales(TTM) 0.45 | ||
Enterprise Value to Revenue 0.97 | Enterprise Value to EBITDA 9.65 | Shares Outstanding 183865613 | Shares Floating 139381167 |
Shares Outstanding 183865613 | Shares Floating 139381167 | ||
Percent Insiders 12.18 | Percent Institutions 85.44 |
Upturn AI SWOT
Callaway Golf Company
Company Overview
History and Background
Callaway Golf Company, now known as Topgolf Callaway Brands Corp., was founded in 1982 by Ely Callaway Jr. Initially focusing on hickory stick golf clubs, the company gained prominence in the 1990s with its innovative Big Bertha driver. Callaway has grown through product innovation and strategic acquisitions, expanding its presence in the golf and entertainment industry.
Core Business Areas
- Golf Equipment: Design, manufacture, and sale of golf clubs (drivers, irons, putters, wedges), golf balls, and accessories.
- Apparel, Gear and Other: Includes soft goods such as apparel and footwear, and also covers bags, gloves, and other gear.
- Topgolf: Operates Topgolf entertainment venues, offering a technology-enabled experience combining golf and entertainment, with food, beverage, and event offerings. Also licenses Topgolf technology and brands.
Leadership and Structure
Topgolf Callaway Brands Corp. is led by CEO Chip Brewer. The organizational structure is divided into key business segments, including golf equipment, Topgolf, and apparel & gear.
Top Products and Market Share
Key Offerings
- Product Name 1: Callaway Drivers (e.g., Paradym): High-performance drivers known for distance and forgiveness. Competitors include TaylorMade Stealth, Titleist TSR, and PING G430. Specific market share data for individual driver models is difficult to find precisely, but Callaway holds a significant share of the overall driver market.
- Product Name 2: Callaway Irons (e.g., Apex): Irons designed for various skill levels, known for their technology and performance. Competitors include TaylorMade P790, Titleist T-Series, and PING i525. Specific market share data is not publicly available.
- Product Name 3: Odyssey Putters: A leading brand in putters, offering a wide range of models and technologies. Competitors include Scotty Cameron, PING, and Bettinardi. Odyssey putters hold a significant market share in the putter category.
- Product Name 4: Topgolf Venues: Technology-enabled golf entertainment venues that combine the sport of golf with entertainment. Competitors include Drive Shack and other smaller entertainment venues.
Market Dynamics
Industry Overview
The golf industry is a multi-billion dollar market encompassing equipment, apparel, accessories, golf courses, and entertainment venues. The industry is subject to economic cycles and participation rates, with a growing focus on technology and data-driven performance.
Positioning
Topgolf Callaway Brands Corp. is positioned as a leader in both golf equipment and entertainment, leveraging its strong brands and technological innovation to drive growth. It has a competitive advantage through its integrated ecosystem.
Total Addressable Market (TAM)
The global golf market is estimated to be over $80 billion. Topgolf Callaway is positioned to capture a significant share of the TAM through its diverse product offerings and entertainment venues. Exact TAM for the overall golf industry is around $83 Billion.
Upturn SWOT Analysis
Strengths
- Strong brand recognition (Callaway, Topgolf, Odyssey)
- Innovative product development
- Diversified revenue streams (equipment, entertainment, apparel)
- Extensive distribution network
- Leader in golf entertainment
Weaknesses
- Dependence on discretionary consumer spending
- Seasonality of golf participation
- Potential cannibalization between golf equipment and entertainment revenue
- Operational challenges with Topgolf venue management
- Exposure to fluctuations in raw material costs
Opportunities
- Expansion of Topgolf venues globally
- Growth in golf participation among younger demographics
- Increased focus on data-driven performance and customization
- Strategic partnerships and acquisitions
- Penetration into emerging markets
Threats
- Economic downturns reducing discretionary spending
- Increased competition from established and emerging players
- Changes in consumer preferences and trends
- Technological disruptions
- Supply chain disruptions
Competitors and Market Share
Key Competitors
- TaylorMade (Private)
- Acushnet Holdings Corp. (GOLF)
- PING (Private)
Competitive Landscape
Topgolf Callaway Brands has a competitive advantage through its diversified business model and strong brands. However, it faces stiff competition from established players in the golf equipment market and emerging players in the entertainment sector.
Major Acquisitions
Topgolf
- Year: 2021
- Acquisition Price (USD millions): 2600
- Strategic Rationale: To diversify revenue streams and capitalize on the growing popularity of golf entertainment.
Growth Trajectory and Initiatives
Historical Growth: Historical growth has been driven by product innovation, acquisitions (most notably Topgolf), and expansion of the Topgolf footprint.
Future Projections: Analyst projections suggest continued growth driven by Topgolf expansion and innovation in golf equipment. Revenue growth expectations are high.
Recent Initiatives: Recent strategic initiatives include new product launches in golf equipment, expansion of Topgolf venues, and strategic partnerships.
Summary
Topgolf Callaway Brands is a major player in the golf and entertainment industries, benefiting from strong brands and a diversified business model. Its acquisition of Topgolf has positioned it for future growth, but it must manage operational challenges and competitive pressures. The company's continued success hinges on product innovation and effective execution of its growth strategy. However, it must remain agile to tackle market fluctuations and raw material costs.
Peer Comparison
Sources and Disclaimers
Data Sources:
- Company financial reports
- Industry analysis reports
- Market research data
- Analyst estimates
Disclaimers:
This analysis is for informational purposes only and does not constitute financial advice. Investment decisions should be based on thorough research and consultation with a financial advisor. Financial data may be outdated.
AI Summarization is directionally correct and might not be accurate.
Summarized information shown could be a few years old and not current.
Fundamental Rating based on AI could be based on old data.
AI-generated summaries may have inaccuracies (hallucinations). Please verify the information before taking action.
About Callaway Golf Company
Exchange NYSE | Headquaters Carlsbad, CA, United States | ||
IPO Launch date 1992-02-27 | President, CEO & Director Mr. Oliver G. Brewer III | ||
Sector Consumer Cyclical | Industry Leisure | Full time employees 30000 | |
Full time employees 30000 | |||
Topgolf Callaway Brands Corp. designs, manufactures, and sells golf equipment, golf and lifestyle apparel, and other accessories in the United States, Europe, Asia, and Internationally. It operates in three business segments: Topgolf, Golf Equipment, and Active Lifestyle. The Topgolf segment operates Topgolf venues equipped with technology-enabled hitting bays, bars, dining areas, and event spaces, as well as Toptracer ball-flight tracking technology. The Golf Equipment segment provides drivers, fairway woods, hybrids, irons, wedges and packaged sets, putters, and pre-owned golf clubs under the Callaway and Odyssey brands, and golf balls under the Callaway Golf and Strata brands. The Active Lifestyle segment offers golf apparel and footwear; golf accessories, including golf bags, golf gloves, headwear, and practice aids under the Callaway brand; men's, women's, and youth apparel as well as footwear, outerwear and accessories under the TravisMathew brand. This segment also provides storage and travel gear for sport and personal use, such as backpacks, travel bags, duffel and golf bags, and accessories under the OGIO brand. In addition, it offers outdoor apparel for men, women and children comprising jackets, trousers, dresses, skirts, and tops; and footwear and outdoor equipment, including packs and bags, travel bags, tents, sleeping bags, and accessories under the Jack Wolfskin brand. It sells its products through golf retailers, sporting goods retailers, online retailers, mass merchants, department stores, third-party distributors, and mail order stores, and directly to consumers through its retail stores and websites. The company was formerly known as Callaway Golf Company and changed its name to Topgolf Callaway Brands Corp. in September 2022. Topgolf Callaway Brands Corp. was incorporated in 1982 and is headquartered in Carlsbad, California.
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