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Topgolf Callaway Brands Board Restructures After Director Resignation

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Topgolf Callaway Brands Board Restructures After Director Resignation

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Topgolf Callaway Brands ( (MODG) ) has issued an update.

On August 25, 2025, Scott M. Marimow resigned from his position as a director at Topgolf Callaway Brands Corp. His departure was not due to any disagreements with the company’s operations or policies. Subsequently, on August 26, 2025, the company’s Board of Directors decided to reduce its size to 10 members.

The most recent analyst rating on (MODG) stock is a Hold with a $10.00 price target. To see the full list of analyst forecasts on Topgolf Callaway Brands stock, see the MODG Stock Forecast page.

Spark’s Take on MODG Stock

According to Spark, TipRanks’ AI Analyst, MODG is a Neutral.

The overall stock score of 57 reflects significant financial challenges, including declining revenues and negative profitability margins, which are the most impactful factors. However, positive technical indicators and a strong earnings call with raised guidance and strategic improvements provide some optimism. The valuation remains weak due to a negative P/E ratio and lack of dividend yield.

To see Spark’s full report on MODG stock, click here.

More about Topgolf Callaway Brands

Topgolf Callaway Brands is a company operating in the leisure and sports industry, primarily focusing on golf-related products and services.

Average Trading Volume: 2,809,984

Technical Sentiment Signal: Sell

Current Market Cap: $1.82B

For a thorough assessment of MODG stock, go to TipRanks’ Stock Analysis page.

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