
Callaway Golf Company Is Too Cheap To Pass Up
Seeking Alpha
Published: Aug 28, 2026, 11:52 AM
Daniel Jones Investing Group Leader Follow Summary Callaway Golf Company (CALY) is rated a 'strong buy' due to attractive valuation, robust balance sheet, and continued growth post-Topgolf divestiture. CALY's Q2 revenue rose to $612.2M, with net income surging to $75.8M and EBITDA expanding to $124.9M, driven by golf equipment and golf ball market share gains. Management raised 2026 revenue guidance to $2.045–$2.07B and EBITDA to $246–$260M, citing product innovation, margin expansion, and cost savings initiatives. Despite recent PR missteps, CALY's upside potential remains significant, with valuation multiples well below competitor Acushnet Holdings and a net cash position of $227.5M. Looking for a helping hand in the market? Members of Crude Value Insights get exclusive ideas and guidance to navigate any climate. Learn More » D. Lentz/iStock Unreleased via Getty Images One of the more attractive investment opportunities out there today is, in my opinion, Callaway Golf Company ( CALY ). I know that I have made some pretty good money on owning the This article was written by Daniel Jones 37.82K Followers Follow Daniel is an avid and active professional investor. He runs Crude Value Insights, a value-oriented newsletter aimed at analyzing the cash flows and assessing the value of companies in the oil and gas space. His primary focus is on finding businesses that are trading at a significant discount to their intrinsic value by employing a combination of Benjamin Graham's investment philosophy and a contrarian approach to the market and the securities therein. Learn more. Analyst’s Disclosure: I/we have a beneficial long position in the shares of CALY either through stock ownership, options, or other derivatives. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article. Seeking Alpha's Disclosure: Past performance is no guarantee of future results. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. Any views or opinions expressed above may not reflect those of Seeking Alpha as a whole. Seeking Alpha is not a licensed securities dealer, broker or US investment adviser or investment bank. Our analysts are third party authors that include both professional investors and individual investors who may not be licensed or certified by any institute or regulatory body.
Source: Seeking Alpha
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