Topgolf Callaway BrandsMODG
About: Topgolf Callaway Brands Corp is a modern golf and active lifestyle company that provides world-class golf entertainment experiences, designs and manufactures premium golf equipment, and sells golf and active lifestyle apparel and other accessories through brands such as, Topgolf, Callaway Golf, Odyssey, TravisMathew, Jack Wolfskin, OGIO and Toptracer. The company's reportable segments are; Topgolf, Golf Equipment and Active Lifestyle. Majority of the revenue is generated from its Topgolf segment which is predominantly comprised of service revenues and expenses from the company operated Topgolf venues, Toptracer ball-flight tracking technology, and WGT digital golf game. Geographically, majority of the revenue for the company is derived from United States.
Employees: 30,000
Fund manager confidence
Based on 2025 Q1 regulatory disclosures by fund managers ($100M+ AUM)
34% more repeat investments, than reductions
Existing positions increased: 95 | Existing positions reduced: 71
2% more first-time investments, than exits
New positions opened: 54 | Existing positions closed: 53
2% less funds holding
Funds holding: 288 [Q4 2024] → 283 (-5) [Q1 2025]
2.61% less ownership
Funds ownership: 85.23% [Q4 2024] → 82.63% (-2.61%) [Q1 2025]
19% less capital invested
Capital invested by funds: $1.23B [Q4 2024] → $999M (-$233M) [Q1 2025]
25% less funds holding in top 10
Funds holding in top 10: 4 [Q4 2024] → 3 (-1) [Q1 2025]
63% less call options, than puts
Call options by funds: $6.35M | Put options by funds: $17M
Research analyst outlook
2 Wall Street Analysts provided 1 year price targets over the past 3 months
2 analyst ratings
JP Morgan Matthew Boss | 10%downside $7 | Neutral Maintained | 27 May 2025 |
Truist Securities Michael Swartz | 10%downside $7 | Buy Maintained | 14 Apr 2025 |
Financial journalist opinion
Based on 10 articles about MODG published over the past 30 days









