Golf giant Callaway building 3D printing facility in Fort Worth
The golf equipment giant Callaway is building a 3D printing facility in Fort Worth ...
Model output · Signal date 2026-11-06
Callaway Golf Co (CALY) Stock Forecast Nov. 6, 2026
Analysis updated on Nov. 6, 2026 (UTC) · Alpha · vs marketSwitch to Total · NYSE
Rating · 90D
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90-day forecast
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Alpha
Rank in coverage
of 5150 stocks scored
Rank correlation · 90D
56.0%
Spearman, 357 dates
Market Cap
$3.00B
mid-cap · #3 of 12 peers
Summary
Callaway Golf Co (CALY) stock forecast summary
Our AI scores Callaway Golf Co every trading day against every stock it covers. Create a free account and follow it to see its rating and price target.
Callaway Golf Co is a mid-cap company with a market capitalization of $3.00B. It ranks number 3 by market capitalization among the 12 Sporting & Athletic Goods, NEC issuers in our coverage with a current forecast. Its Gross Margin of -213.5% is the lowest of the 11 peers that report one. Its D/E Ratio of 0.28x is the lowest of the 10 peers that report one.
For CALY, the Spearman rank correlation between our 90-day forecasts and the returns that followed is 56.0%, measured on 357 forecast dates between 2022-08-19 and 2026-08-07 on this stock's own recent history. A rank correlation runs from -100% to +100%: it measures whether higher forecasts were followed by higher returns, and a value near zero or below means the model has shown little skill on this stock. On the 30-day forecasts the same correlation is 44.0%, measured on 400 forecast dates between 2022-08-19 and 2026-10-07. Across our coverage, the out-of-sample test on 4629 stocks from 2025-01-06 to 2026-08-04 produced a positive net return in 92.9% of rebalance periods (factor-neutral book, net of estimated costs). Full backtest report
Expected return relative to the market over the horizon: a positive alpha means the model expects the stock to beat the market, whatever the market does. Ratings: strong buy ≥ +3.1%, buy ≥ +1.5%, sell < -0.5%, strong sell < -1.8% (top 15%, next 20%, middle 30%, next 20%, bottom 15% of the 2026-11-06 signals)
A free account shows the exact forecast, rating and rank of 3 tickers you follow, CALY included.
Price
CALY price chart and AI forecast
Cross-section · 2026-11-06
How CALY ranks among 5150 stocks
90D Alpha forecasts of every company scored, cut into five relative ratings at the 15th, 35th, 65th and 85th percentiles (dashed lines).
Fundamentals · 2026-09-30
Callaway Golf Co (CALY) fundamentals
Trailing twelve months. The industry median and the rank (1 = highest) are taken over the Sporting & Athletic Goods, NEC peers listed below that report each metric.
Valuation & Market
| Metric | CALY | Rank |
|---|---|---|
| Market Cap | $3.00B | 3/12 |
| P/B Ratio | 1.39x | 5/9 |
| EPS | $-1.87 | – |
| Book Value/Share | $12.13 | – |
| Revenue/Share | $3.70 | – |
| FCF/Share | $2.72 | – |
Profitability & Margins
| Metric | CALY | Rank |
|---|---|---|
| ROE | -9.4% | 6/8 |
| ROA | -7.3% | 7/10 |
| ROIC | 9.5% | 4/9 |
| Gross Margin | -213.5% | 11/11 |
| Operating Margin | 34.1% | 1/11 |
| Net Margin | -30.8% | 9/10 |
| EBT Margin | 50.0% | 1/11 |
| Tax Rate | 30.4% | – |
Financial Health
| Metric | CALY | Rank |
|---|---|---|
| Current Ratio | 3.09x | 5/13 |
| Quick Ratio | 1.79x | 5/13 |
| D/E Ratio | 0.28x | 10/10 |
| Financial Leverage | 1.28x | 9/9 |
| Interest Coverage | 4.3x | 8/12 |
| Working Capital | $863M | 2/13 |
Cash Flow
| Metric | CALY | Rank |
|---|---|---|
| Operating Cash Flow | $336M | 2/12 |
| Free Cash Flow | $486M | 1/9 |
| Capital Spending | $149M | 1/9 |
| OCF Growth YoY | 7.3% | 5/7 |
| FCF Growth YoY | 1307.5% | 1/7 |
| FCF/Sales | 73.6% | 1/9 |
| CapEx/Sales | 22.6% | 1/9 |
Operational Efficiency
| Metric | CALY | Rank |
|---|---|---|
| Asset Turnover | 0.24x | 9/9 |
| Receivables Turnover | 3.5x | 10/10 |
| Inventory Turnover | 3.9x | 4/12 |
| Fixed Assets Turnover | 4.2x | 10/10 |
| Days Sales Outstanding | 103 days | 1/10 |
| Days Inventory | 95 days | 9/12 |
| Payables Period | 13 days | 10/10 |
| Cash Conversion Cycle | 185 days | 3/8 |
Income Statement
| Metric | CALY | Rank |
|---|---|---|
| Total Revenue | $660M | 5/10 |
| Operating Income | $225M | 4/12 |
| Net Income | -$203M | 10/10 |
| R&D Expense | $51M | 3/7 |
| SG&A Expense | $479M | 4/12 |
| Cost of Goods Sold | $2.07B | 1/12 |
Dividend & Shareholder Information
| Metric | CALY | Rank |
|---|---|---|
| Shares Outstanding | 179M | – |
Balance Sheet Highlights (USD millions)
| Total Current Assets | $1.28B | 45.9% of assets |
| Cash & Short-term Investments | $434M | 15.6% of assets |
| Accounts Receivable | $186M | 6.7% of assets |
| Inventory | $536M | 19.3% of assets |
| Total Liabilities | $616M | 22.1% of assets |
| Short-term Debt | $340M | 12.2% of assets |
Quarterly Financial Reports
CALY quarterly financials and insider trading
Industry Peers · Sporting & Athletic Goods, NEC
Callaway Golf Co (CALY) industry peers
Companies classified under the same SEC industry code as Callaway Golf Co (Sporting & Athletic Goods, NEC): 13 common-stock issuers with a forecast this week, one row per issuer, largest first. This is a classification match, not a curated list of competitors.
Reveal all forecasts · See exact % predictions for all competitors
Sign up free| Company | 90-Day AI Forecast (Alpha) | Market Cap |
|---|---|---|
| CALY Callaway Golf Co | $3.00B | |
| GOLF Acushnet Holdings Corp. | $4.72B | |
| YETI Yeti Holdings, Inc. | $3.43B | |
| PTON Peloton Interactive, Inc. | $2.46B | |
| JOUT Johnson Outdoors Inc | $497M | |
| ESCA Escalade Inc | $283M | |
| AOUT American Outdoor Brands, Inc. | $218M | |
| CLAR Clarus Corp | $163M | |
| KBSX Fst Corp. | $62M | |
| SBDS Solo Brands, Inc. | $8M | |
| NWTG Newton Golf Company, Inc. | $4M | |
| TRUG Trugolf Holdings, Inc. | $110K | |
| BWMG Brownie's Marine Group, Inc | N/A |
Where CALY sits on the market map
Manufacturing · Sporting & Athletic Goods, NEC
News
Callaway Golf Co (CALY) stock news
Callaway Golf Co (CALY) Q4 2025 Earnings Call Highlights: Navigating Tariffs and Optimizing ...
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Callaway Claims No Sales Hit From Good Good Driver Ad Controversy
Callaway did not suffer a significant sales hit after backlash to its controversial co-branded driver ad with Good Good Golf, ...
FAQ
Callaway Golf Co (CALY) stock forecast FAQ
What is the Callaway Golf Co (CALY) stock forecast?
Our AI scores Callaway Golf Co every trading day against every stock it covers. Create a free account and follow it to see its rating and price target.
How accurate are Callaway Golf Co stock predictions?
For CALY, the Spearman rank correlation between our 90-day forecasts and the returns that followed is 56.0%, measured on 357 forecast dates between 2022-08-19 and 2026-08-07 on this stock's own recent history. A rank correlation runs from -100% to +100%: it measures whether higher forecasts were followed by higher returns, and a value near zero or below means the model has shown little skill on this stock. On the 30-day forecasts the same correlation is 44.0%, measured on 400 forecast dates between 2022-08-19 and 2026-10-07. Across our coverage, the out-of-sample test on 4629 stocks from 2025-01-06 to 2026-08-04 produced a positive net return in 92.9% of rebalance periods (factor-neutral book, net of estimated costs). Full backtest report
How often are Callaway Golf Co forecasts updated?
Callaway Golf Co forecasts are refreshed on trading days as the daily model run completes. The forecast on this page was produced on Nov. 6, 2026.
Which companies are Callaway Golf Co's industry peers?
13 issuers in our coverage, CALY included, share the SEC industry code Sporting & Athletic Goods, NEC. The largest are: Acushnet Holdings Corp. (GOLF), Yeti Holdings, Inc. (YETI), Peloton Interactive, Inc. (PTON), Johnson Outdoors Inc (JOUT), Escalade Inc (ESCA), American Outdoor Brands, Inc. (AOUT).
This analysis is generated automatically using our proprietary AI systems and should not be considered personalized investment advice. Past performance does not guarantee future results. Always conduct your own research and consider consulting a financial advisor before making investment decisions.