MODG.N Surges as Golf Participation Hits Record High
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Dec 29 2025
0mins
Should l Buy MODG?
Source: Coinmarketcap
Shares of MODG.N experienced a notable uptick today, crossing above its 5-day simple moving average (SMA), signaling a potential bullish trend. This movement comes amid positive news surrounding golf participation, which reached a record 47.2 million Americans in 2024, underscoring the sport's enduring appeal. The surge in interest is further highlighted by Topgolf Callaway Brands Corp.'s recent $1.1 billion sale of a 60% stake in its Topgolf and Toptracer business, indicating strong market confidence.
However, the golf industry faces challenges, with several businesses, including Nicklaus Companies LLC, filing for Chapter 11 bankruptcy. Despite these setbacks, Nicklaus Companies is actively working to protect its operations and has plans to appeal a significant lawsuit judgment. The ongoing developments in the industry, including the restoration of Desert Highlands and the anticipated return of The Skins Game in 2025, may provide additional support for stocks like MODG.N as they navigate this mixed landscape.
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Analyst Views on MODG
Wall Street analysts forecast MODG stock price to fall over the next 12 months. According to Wall Street analysts, the average 1-year price target for MODG is 11.56 USD with a low forecast of 10.00 USD and a high forecast of 14.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
11 Analyst Rating
5 Buy
6 Hold
0 Sell
Moderate Buy
Current: 14.680
Low
10.00
Averages
11.56
High
14.00
Current: 14.680
Low
10.00
Averages
11.56
High
14.00
About MODG
Callaway Golf Company, formerly Topgolf Callaway Brands Corp., is a golf equipment, gear and apparel company with a portfolio of global brands, including Callaway Golf, Odyssey, TravisMathew, and OGIO. The Company designs, manufactures, and sells high-performance golf clubs, golf balls, apparel, bags, and other accessories. The Company's golf equipment business is comprised of Callaway Golf-branded woods, hybrids, irons, wedges, Odyssey putters, packaged sets, and Callaway Golf and Strata-branded golf balls, as well as the sale of pre-owned golf clubs. The Company's active lifestyle business is comprised of soft goods products under its Callaway Golf, TravisMathew, and OGIO brands. The Callaway Golf soft goods brand offers a full line of golf apparel, footwear, gear and accessories. TravisMathew offers a full line of golf and lifestyle apparel as well as footwear and accessories. The OGIO brand offers a full line of personal storage gear for sport and personal use and accessories.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
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- Value Appreciation: Following this purchase, O'Keefe Stevens' total holdings in Topgolf rose to 1.17 million shares, with the position value increasing by $10.33 million from the previous filing, reflecting positive stock price movements.
- Strong Market Performance: As of Friday, Topgolf shares were priced at $13.44, marking a 55% increase over the past year, significantly outperforming the S&P 500's approximately 17% gain, which underscores market recognition of its growth potential.
- Improved Financial Outlook: Although Topgolf reported a nearly $15 million loss in Q3, its revenue grew by 3% year-over-year, and management raised the 2025 total revenue guidance to between $3.90 billion and $3.94 billion, indicating signs of business improvement.
See More
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- Value Appreciation: Post-transaction, O'Keefe Stevens holds 1.17 million MODG shares valued at $13.63 million, reflecting a combined impact of trading activity and share price appreciation.
- Strong Market Performance: As of last Friday, MODG shares were priced at $13.44, up 55% over the past year, significantly outperforming the S&P 500's 17% gain, showcasing the company's competitive strength in the market.
- Improved Financial Stability: Despite a nearly $15 million loss in Q3, the company reported a 3% year-over-year revenue increase and raised its total revenue guidance for 2025, indicating signs of stabilization in its business operations.
See More
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- Earnings Outlook: The company is expected to see a 22% year-over-year growth in earnings per share for 2026, reflecting analysts' confidence in its earnings growth potential.
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- Performance Enhancement: The new lineup combines Seamless Tour Aero with an Optimized Hybrid Aero Pattern, providing not only exceptional distance and flight consistency but also outstanding feel and greenside control through a high-performance Tour Urethane cover.
- Clear Market Positioning: Chrome Tour is designed for players seeking incredible speed and distance, while Chrome Tour X targets those wanting maximum speed and mid-high spin; Chrome Soft offers a lower shot profile with increased launch, catering to diverse player needs.
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See More
