
MODG Stock Forecast & Price Target
MODG Analyst Ratings
Bulls say
Topgolf Callaway Brands Corp's TravisMathew segment is projected to see revenue and EBITDA growth in 2025, indicating resilience despite challenging market conditions. The company has recorded low-single-digit growth in rounds played and on-course participation, contributing positively to its revenue, which experienced an unexpected increase due to advanced product shipments. Furthermore, management anticipates overhead savings in both Topgolf and non-Topgolf operations, alongside improvements in segment profitability driven by gross margin initiatives and corporate cost savings, reinforcing a favorable outlook for free cash flow across its legacy and Topgolf businesses.
Bears say
The analysis reveals a negative outlook for Topgolf Callaway Brands due to an 11% decline in its Active Lifestyle segment during the third quarter, driven by tough comparisons and ongoing weaknesses in key brands. Additionally, 2025 revenue projections for Topgolf indicate flat growth at the midpoint, compounded by anticipated mid-single-digit percentage declines in comparable store sales and diminishing EBITDA margins caused by deleveraging. Overall, the company faces significant headwinds, including deteriorating trends in golf consumption, declining consumer sentiment, and challenges related to unit profitability and foreign currency fluctuations.
This aggregate rating is based on analysts' research of Topgolf Callaway Brands Corp and is not a guaranteed prediction by Public.com or investment advice.
MODG Analyst Forecast & Price Prediction
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