Investment
Features
FeesSafety
Academy
More
Pluang+

Callaway Golf rated 'strong buy' after Q2 revenue and profit surge, with raised 2026 guidance.

Company Fundamentals
28 Aug 2026
Seeking Alpha
View Source
Bullish
Callaway Golf rated 'strong buy' after Q2 revenue and profit surge, with raised 2026 guidance.

Callaway Golf Company (CALY) is rated a 'strong buy' due to its attractive valuation, strong balance sheet, and growth after divesting Topgolf. In Q2, revenue rose to $612.2 million, net income jumped to $75.8 million, and EBITDA expanded to $124.9 million, driven by gains in golf equipment and golf ball market share. Management raised 2026 revenue guidance to $2.045–$2.07 billion and EBITDA to $246–$260 million, citing product innovation, margin expansion, and cost savings. Despite some recent PR issues, CALY's valuation remains appealing with a net cash position of $227.5 million and multiples below competitor Acushnet Holdings.

More News

Costco reports strong Q4 sales growth ahead of full earnings release on Sept 24

Costco reports strong Q4 sales growth ahead of full earnings release on Sept 24

Costco Wholesale announced $93.9 billion in net sales for its fiscal Q4, up 11.3% from last year, with comparable sales rising 9.4%. The full earnings report on September 24 will reveal membership fees, total revenue, expenses, and profit details. An...

Company Fundamentals
Neutral
50 minutes ago
Jefferies maintains Buy rating on Life Time amid $6.5M insider stock sales by executive.

Jefferies maintains Buy rating on Life Time amid $6.5M insider stock sales by executive.

Jefferies reaffirmed its Buy rating on Life Time Group Holdings (LTH), citing a positive earnings outlook supported by a Zacks Rank of #2. The stock trades around $38.85 with a market cap near $8.68 billion. Despite this optimism, Executive Vice Pres...

Analyst Insights
Neutral
1 hour ago
GE Aerospace stock could rise 35% as analysts highlight strong backlog and new engine orders.

GE Aerospace stock could rise 35% as analysts highlight strong backlog and new engine orders.

Jefferies analysts set a new price target of $435 for General Electric Aerospace, implying a 35% upside from its current price of around $321. GE Aerospace's strong position is supported by a $170 billion commercial services backlog and 80,000 aircra...

Analyst Insights
Bullish
3 hours ago
Viking Therapeutics plans $400M stock and convertible notes offering to fund obesity drug development

Viking Therapeutics plans $400M stock and convertible notes offering to fund obesity drug development

Viking Therapeutics announced plans to raise $200 million through common stock and $200 million via convertible senior notes due 2032, with options for additional sales. The funds will support clinical development and commercialization of its obesity...

Company Fundamentals
Neutral
4 hours ago
Class action launched over TruBridge's financial misstatements causing stock drop

Class action launched over TruBridge's financial misstatements causing stock drop

Rosen Law Firm is investigating securities claims against TruBridge, Inc. after the company disclosed errors in its financial statements for 2023 and 2024, leading to a late annual report filing and a 10.5% stock price drop. The errors involved reven...

Market News
Bearish
4 hours ago
banner-footerbanner-footer

Invest & Trade with
#1 Award-Winning Investment Super App