
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.










