A perfect four-quarter earnings beat streak with an extraordinary average surprise magnitude, a technically confirmed uptrend, and a 9/9 Piotroski score signal that the underlying business is in sound health — the setup favors holding an existing position but the stock has closed most of the gap to near-term resistance, limiting the case for adding aggressively.
Thesis pillars
- Extraordinary Earnings Beat Streak→Stable
- Near Perfect Financial Health Score→Stable
- Confirmed Bullish Technical Setup↓Deteriorating
- +1 more pillar — see the Why tab for full reasoning
Callaway Golf Company (CALY) Stock Analysis
Catalyst-Driven edge
Consumer Cyclical · Leisure
Sell if holding. Analyst target reached at $18.16 — A.R:R is negative (-1.5) — price has exceeded the analyst target. Reward from here is too thin for a buy — the engine flags exit. Additional concerns: Weak overall score: 5.0/10.
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. Analyst target reached at $18.16 — A.R:R is negative (-1.5) — price has exceeded the analyst target. Reward from here is too thin for a buy — the engine flags exit. Additional concerns: Weak overall score: 5.0/10. Chart setup: No clear chart pattern; technical signals are mixed. Score 5.0/10, moderate confidence.
Passes 5/8 gates (clean insider activity, no SEC red flags, news events none recent, semi cycle peak clear, materials cycle peak clear). Fails on weak momentum and favorable risk/reward ratio. Suitability: aggressive.
Recent developments
updated 2026-07-26Recent Developments — Callaway Golf Company
Latest news
- NEWS CALY Maintains by JP Morgan -- Price Target Raised to $18.00 - GuruFocus — GuruFocus positive
- NEWS CALY Assumed by Goldman Sachs -- Rating Set to Neutral - GuruFocus — GuruFocus neutral
- NEWS Callaway Golf Price Target Announced at $17.00/Share by Goldman Sachs - Moomoo — Moomoo positive
- NEWS CALY Q1 2026 Earnings: EPS Surges Past Estimates, Shares Gain - Earnings Decline Risk - newsline.com — newsline.com positive
- NEWS CALY Maintained by Truist Securities -- Price Target Raised to $19 - GuruFocus — GuruFocus positive
Generated 2026-07-26T09:22:59Z.
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.
Show full disclosure ▾Hide full disclosure ▴
About TrendMatrix. TrendMatrix is a publisher of general securities research and market commentary. We publish on a regular schedule. All content is the same for every subscriber in a tier — we do not provide personalized investment advice and we do not take into account any individual subscriber's financial situation, investment objectives, risk tolerance, tax situation, or holdings.
Not investment advice. TrendMatrix is not a registered investment adviser. Our content is for informational and educational purposes only. Consult your own licensed investment adviser, broker, or tax professional before making any investment decision.
Conflicts and positions. The TrendMatrix editorial team frequently holds personal long-term positions in securities discussed. We disclose positions held at the time of publication on each piece. We maintain a trading-window policy: we do not initiate or close positions in the same direction as a TrendMatrix publication within 24 hours before or 72 hours after publication.
No paid promotion. TrendMatrix does not accept payment from any issuer, broker, or third party in exchange for coverage of any security. Our sole compensation is subscription revenue.
No fiduciary duty. No fiduciary, advisory, or agency relationship is created between you and TrendMatrix by reading our content or subscribing to our service.
Performance. Past performance is not indicative of future results. Performance figures reflect the published model only and do not reflect any individual subscriber's actual results.
Rating Breakdown
2 floor-breakers
Momentum 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. Analyst target reached at $18.16 — A.R:R is negative (-1.5) — price has exceeded the analyst target. Reward from here is too thin for a buy — the engine flags exit. Additional concerns: Weak overall score: 5.0/10. Chart setup: No clear chart pattern; technical signals are mixed. Prior stop was $17.15. Score 5.0/10, moderate confidence.
Take-profit target: $19.87 (-9.9% upside). Prior stop was $17.15. Stop-loss: $17.15.
Analyst target reached - limited upside remaining; Weak overall score: 5.0/10; Negative momentum.
Callaway Golf Company trades at a P/E of 69.8 (forward 22.9). TrendMatrix value score: 5.7/10. Verdict: Sell.
19 analysts cover CALY with a consensus score of 3.7/5. Average price target: $19.
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.