Callaway Golf has a perfect four-quarter beat streak, a strong Piotroski score and about 17.1% upside to target, but earnings arrive in 4 days and quality is only middling.
Thesis pillars
- Moderate Margins Strong Piotroski→Stable
- Perfect Beat Streak↓Deteriorating
- Valuation Upside↑Improving
- +1 more pillar — see the Why tab for full reasoning
Pillars as of Nov 1, 2026, based on the 10-K filed Feb 27, 2026
Callaway Golf Company (CALY) Stock Analysis
Consumer Cyclical · Leisure
Sell if holding. At $15.88, A.R:R 0.8:1 is below the 1.5:1 minimum. Reward from here is too thin for a buy — the engine flags exit. Additional concerns: V7 low-quality RISK_OFF penalty: -0.5 (Q=5.0); Sector modifier (Consumer Cyclical): -1.5.
Callaway Golf designs, manufactures, and sells golf clubs, golf balls, and soft goods under Callaway, Odyssey, TravisMathew, and OGIO brands through two segments: Golf Equipment and Apparel, Gear & Other. Products are sold wholesale to golf retailers and directly to consumers... Read more
Sell if holding. At $15.88, A.R:R 0.8:1 is below the 1.5:1 minimum. Reward from here is too thin for a buy — the engine flags exit. Additional concerns: V7 low-quality RISK_OFF penalty: -0.5 (Q=5.0); Sector modifier (Consumer Cyclical): -1.5. Chart setup: No clear chart pattern; technical signals are mixed. Score 5.9/10, high confidence.
Passes 6/8 gates (positive momentum, clean insider activity, no SEC red flags, news events none recent, semi cycle peak clear, materials cycle peak clear). Fails on favorable risk/reward ratio and earnings proximity 1d<=7d. Suitability: aggressive.
Recent developments
updated Nov 1, 2026Recent Developments — Callaway Golf Company
Latest news
- NEWS Callaway Golf (CALY) Brings Back Harry Arnett, Is The Stock A Bargain? - Simply Wall St — Simply Wall St Nov 1, 2026 neutral
- NEWS Callaway Golf (NYSE:CALY) Stock Forecast & Analyst Predictions - Simply Wall St — Simply Wall St Oct 27, 2026 neutral
- NEWS Callaway (CALY) Surges 7.4%: Is This an Indication of Further Gains? - qz.com — qz.com Aug 26, 2026 positive
- NEWS Callaway Golf shares slip 2% amid $430 million equipment division's exposure to Quantum Driver ad campaign - ts2.tech — ts2.tech Aug 26, 2026 negative
- NEWS Callaway Golf shares slip 2% amid $430 million equipment division's exposure to Quantum Driver ad campaign - TechStock² — TechStock² Aug 26, 2026 negative
Latest item Nov 1, 2026 · Generated 2026-11-04T11:39:49Z.
Upcoming dated catalysts
Thesis
Key Metrics
Quality Signals
Options Flow
Concentration Risks(10-K Item 1A)
- LOWCustomertop-5 consolidated customers21%10-K Item 1A: 'Our top five customers accounted for approximately 21%, 22% and 23% of our consolidated revenues in 2025, 2024 and 2023, respectively.'
- LOWCustomerGolf Equipment top-5 customers24%10-K Item 1A: 'Golf Equipment top five customers accounted for approximately 24%, 26% and 25% of total consolidated Golf Equipment sales in 2025'
- MEDIUMCustomerApparel, Gear top-5 customers25%10-K Item 1A: 'Apparel, Gear and Other top five customers accounted for approximately 25%, 24% and 26% of total consolidated Apparel, Gear and Other sales in 2025'
Model-generated analysis — not investment advice. Not a registered investment advisor. Past performance does not guarantee future results. How we score · Editorial policy
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Rating Breakdown
2 floor-breakers
Technicals below the gate floor. Component breakdown shows what dragged the score down.static
Ranks in the bottom of its industry peers on the composite signal. Better names in the same sector exist.static
Price Targets
Position Sizing
Risk Alerts
Earnings
Verdict History
Frequently Asked Questions
Sell if holding. At $15.88, A.R:R 0.8:1 is below the 1.5:1 minimum. Reward from here is too thin for a buy — the engine flags exit. Additional concerns: V7 low-quality RISK_OFF penalty: -0.5 (Q=5.0); Sector modifier (Consumer Cyclical): -1.5. Chart setup: No clear chart pattern; technical signals are mixed. Prior stop was $15.00. Score 5.9/10, high confidence.
Analyst target: $17.75 (+11.8% upside). Prior stop was $15.00. Stop-loss: $15.00.
V7 low-quality RISK_OFF penalty: -0.5 (Q=5.0); Sector modifier (Consumer Cyclical): -1.5; Overbought (RSI 80).
Callaway Golf Company trades at a P/E of 18.3 (forward 17.9). TrendMatrix value score: 7.5/10. Verdict: Sell.
18 analysts rate CALY, with a consensus score of 3.7/5. 10 analysts publish price targets averaging $20.
What does Callaway Golf Company do?Callaway Golf designs, manufactures, and sells golf clubs, golf balls, and soft goods under Callaway, Odyssey,...
Callaway Golf designs, manufactures, and sells golf clubs, golf balls, and soft goods under Callaway, Odyssey, TravisMathew, and OGIO brands through two segments: Golf Equipment and Apparel, Gear & Other. Products are sold wholesale to golf retailers and directly to consumers globally; following the January 2026 Topgolf divestiture, the company employs approximately 4,000 people in 25 countries.