Added to YB: 2025-10-08
Pitch date: 2025-08-22
MODG [bearish]
Callaway Golf Company
-62.54%
current return
Author Info
No bio for this author
Company Info
Callaway Golf Company designs, manufactures, and sells golf equipment, golf and lifestyle apparel, and other accessories in the United States, Europe, Asia, and Internationally.
Market Cap
$2.7B
Pitch Price
$9.77
Price Target
5.88 (-63%)
Dividend
N/A
EV/EBITDA
12.90
P/E
N/A
EV/Sales
N/A
Sector
Leisure Products
Category
N/A
Topgolf Callaway Brands Corp. - $MODG (short)
MODG short: Topgolf deteriorating w/ 8 straight quarters negative SSS, $1.4B Q4'24 impairment, CEO departure stalls exit plans. Market ignoring $1.2B venue financing liability (~1/3 EV). Remainco Callaway losing woods market share, lapping post-COVID golf boom. -40% downside, +11% upside in optimistic spinoff scenario.
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