Topgolf Callaway Brands (CALY) – Investment Analysts’ Recent Ratings Updates

Topgolf Callaway Brands (NYSE: CALY) recently received a number of ratings updates from brokerages and research firms:

• 8/6/2026 – Topgolf Callaway Brands was downgraded by Zacks Research from “strong-buy” to “hold”.
• 8/5/2026 – Topgolf Callaway Brands had its price target raised by The Goldman Sachs Group, Inc. from $17.00 to $19.00. They now have a “neutral” rating on the stock.
• 8/5/2026 – Topgolf Callaway Brands had its “buy” rating reaffirmed by B. Riley Financial, Inc.. They now have a $23.00 price target on the stock, up from $19.00.
• 8/5/2026 – Topgolf Callaway Brands had its price target raised by KeyCorp from $19.00 to $22.00. They now have an “overweight” rating on the stock.
• 7/7/2026 – Topgolf Callaway Brands was upgraded by Zacks Research from “hold” to “strong-buy”.
• 6/26/2026 – Topgolf Callaway Brands had its price target raised by UBS Group AG from $15.00 to $19.00. They now have a “neutral” rating on the stock.
• 6/15/2026 – Topgolf Callaway Brands had its price target raised by Truist Financial Corporation to $19.00. They now have a “buy” rating on the stock.
• 6/11/2026 – Topgolf Callaway Brands had its price target raised by JPMorgan Chase & Co. to $18.00. They now have a “neutral” rating on the stock.
• 6/11/2026 – Topgolf Callaway Brands is now covered by The Goldman Sachs Group, Inc.. They set a “neutral” rating and a $17.00 price target on the stock.

Insider Transactions at Topgolf Callaway Brands

In other Topgolf Callaway Brands news, EVP Glenn F. Hickey sold 28,843 shares of the stock in a transaction dated Thursday, August 6th. The stock was sold at an average price of $18.74, for a total transaction of $540,517.82. Following the completion of the transaction, the executive vice president owned 72,239 shares in the company, valued at approximately $1,353,758.86. This represents a 28.53% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, CEO Oliver G. Brewer III sold 67,474 shares of the business’s stock in a transaction dated Thursday, August 6th. The shares were sold at an average price of $18.30, for a total value of $1,234,774.20. Following the completion of the sale, the chief executive officer owned 201,276 shares in the company, valued at approximately $3,683,350.80. This trade represents a 25.11% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. In the last quarter, insiders have sold 97,717 shares of company stock valued at $1,800,492. Corporate insiders own 2.91% of the company’s stock.

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.