Topgolf Callaway Brands (NYSE:CALY) Shares Down 5.5% – What’s Next?

Posted by Ethan Ryder on May 4th, 2026

Topgolf Callaway Brands Corp. (NYSE:CALY – Get Free Report) fell 5.5% on Monday . The company traded as low as $14.15 and last traded at $14.32. 371,985 shares changed hands during mid-day trading, a decline of 87% from the average session volume of 2,843,184 shares. The stock had previously closed at $15.16.

Analyst Upgrades and Downgrades

A number of brokerages have recently weighed in on CALY. Weiss Ratings began coverage on Topgolf Callaway Brands in a research note on Tuesday, March 3rd. They issued a “sell (d-)” rating on the stock. Zacks Research raised shares of Topgolf Callaway Brands from a “hold” rating to a “strong-buy” rating in a report on Wednesday, April 15th. Finally, UBS Group lifted their price target on shares of Topgolf Callaway Brands from $11.00 to $15.00 and gave the stock a “neutral” rating in a report on Friday, March 27th. One 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 company. According to data from MarketBeat.com, the company has an average rating of “Hold” and an average price target of $15.00.

View Our Latest Research Report on Topgolf Callaway Brands

Topgolf Callaway Brands Trading Down 7.0%

The stock’s fifty day simple moving average is $14.11. The company has a debt-to-equity ratio of 0.31, a quick ratio of 1.22 and a current ratio of 1.36. The firm has a market capitalization of $2.57 billion, a price-to-earnings ratio of -44.06 and a beta of 0.95.

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.