B+
Bull case
25%
Probability
Target price
$20.00
Analysis reference price unavailable
Analysis 2026-09-26 · RankAlpha Sentiment Codex
CALY
Callaway GolfBNYSE / Consumer Durables & Apparel
Last Price
Quote time unavailable
Current thesis
Golf-equipment growth, Chrome ball demand and non-GAAP gross-margin expansion of 460 basis points support the raised EBITDA outlook if pricing and cost initiatives hold. [#SEC-8K-2026-08-04] SEC earnings exhibit
Posture
Constructive
Lead driver
Sentiment
What changed
Sentiment remains the lead driver in the composite, 7D delta -2.8.
What can break
Apparel, gear and other Q2 sales declined 3.6%, partly reflecting shipment timing and Asian foreign-exchange headwinds. [#SEC-8K-2026-08-04] SEC earnings exhibit
Momentum
27
Value
54
Sentiment
66
Setup hits (3d)
0 · Net Neutral
AI TargetsBase $16.00 · Bull $20.00 · Bear $10.00Analysis 2026-09-26; returns require an exact persisted reference.
Data freshness
Prices
Unavailable: Price unavailable
Fundamentals
As of 2026-10-23 • Vendor: Data Vendor v1
Scores
As of 2026-10-23 • Model: HYBRID_IC_RP
AI Memo
As of 2026-09-26 • Model: RankAlpha Sentiment Codex
Investment thesisAs of 2026-10-23
Investment thesis
As of 2026-10-23
Grade is the composite factor band; factor scores use a 0–100 scale. Confidence describes evidence quality, not a probability of return. Score date: 2026-10-23. Definitions
Supporting evidence
What
Grade B · Constructive
Confidence Medium · Net Neutral
Target $20.40
Why
Momentum27 · Δ7d -0.4
Value54 · Δ7d -0.2
Sentiment66 · Δ7d -2.8
So what
Strength-led posture (Net Neutral). Favor watchlist adds and disciplined entries.
Confirming evidence
- • Sentiment remains the lead driver in the composite, 7D delta -2.8.
Contradictions & invalidation
- • Apparel, gear and other Q2 sales declined 3.6%, partly reflecting shipment timing and Asian foreign-exchange headwinds. [#SEC-8K-2026-08-04] SEC earnings exhibit
- • August Form 4 records show executive open-market sales, but those transactions do not establish an operating outlook. [#SEC-FORM4-2026-08-10]
- • Q2 apparel, gear and other sales fell 3.6%; shipment timing and Asian foreign-exchange headwinds may complicate the sales trajectory.
Catalyst clock
2026-12-31
Execution against raised 2026 EBITDA guidance
Lead driver: Sentiment · See AI snapshot
Momentum
27
8% active weight
Current posture
7d trendFlat
Δ7d
-0.4
Δ21d
-7.5
Value
54
47% active weight
Current posture
7d trendFlat
Δ7d
-0.2
Δ21d
-0.2
Sentiment
66
45% active weight
Current posture
7d trendSoftening
Δ7d
-2.8
Δ21d
-5.2
Why this grade
Composite grade B. Momentum 26.7 / Value 54.4 / Sentiment 65.7
Scenario snapshot
Scenario probability is memo-authored likelihood, not forecast certainty. Targets belong to the analysis dated 2026-09-26. Scenario method
Most likely
B
Base case
50%
Probability
Target price
$16.00
Analysis reference price unavailable
Analysis 2026-09-26 · RankAlpha Sentiment Codex
B-
Bear case
25%
Probability
Target price
$10.00
Analysis reference price unavailable
Analysis 2026-09-26 · RankAlpha Sentiment Codex
Fundamentals (TTM)As of 2026-10-23
Fundamentals (TTM)
As of 2026-10-23
Market Cap
$2.52B
Beta
0.96
Shares Out
178.51M
P/E (TTM) · Derived
-9.8
P/S (TTM)
0.58
P/FCF (TTM)
70.64
Rev YoY
+2.0%
EPS YoY
+265.0%
Gross Margin
+52.9%
Op Margin
+8.6%
Net Debt
$770.9M
Current Ratio
3.04
As of 2026-10-23 • Updated nightlySource: Internal modelMethods & Data