Newton Golf Company (NWTG)
NASDAQ:NWTG
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Newton Golf Company
(NASDAQ:NWTG)
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Rating:45Neutral
Price Target:
$1.50
▼(-3.85% Downside)
Action:ReiteratedDate:04/07/26
The score is primarily constrained by persistent large losses and deeply negative operating/free cash flow despite strong revenue growth and healthy gross margins. Technicals add pressure with the stock trading below key moving averages and negative MACD. Corporate actions modestly help by improving liquidity and strengthening governance, but financing structure increases dilution risk.
Positive Factors
Revenue Growth / Channel Expansion
Sustained double-digit top-line growth and expanded direct-to-consumer traction indicate the company is converting product innovation into repeat revenue and wider market penetration. Durable DTC scale and fitter adoption provide a growing sales base that can compound over multiple quarters as marketing efficiencies improve.
Negative Factors
Severe Cash Burn
Deeply negative operating and free cash flow represent a persistent structural cash consumption problem: the company must repeatedly access external capital to fund operations. This constrains strategic flexibility, raises refinancing risk, and increases the likelihood of dilution unless operating cash generation improves materially.
Read all positive and negative factors
Positive Factors
Negative Factors
Revenue Growth / Channel Expansion
Sustained double-digit top-line growth and expanded direct-to-consumer traction indicate the company is converting product innovation into repeat revenue and wider market penetration. Durable DTC scale and fitter adoption provide a growing sales base that can compound over multiple quarters as marketing efficiencies improve.
Read all positive factors
Newton Golf Company (NWTG) vs. SPDR S&P 500 ETF (SPY)
Market Cap
$7.12M
Dividend YieldN/A
Average Volume (3M)121.73K
Price to Earnings (P/E)―
Beta (1Y)0.83
Revenue Growth178.32%
EPS Growth70.79%
CountryUS
Employees28
SectorConsumer Cyclical
Sector Strength84
IndustryLeisure
Share Statistics
EPS (TTM)-0.52
Shares Outstanding4,592,063
10 Day Avg. Volume82,460
30 Day Avg. Volume121,730
Financial Highlights & Ratios
PEG Ratio0.00
Price to Book (P/B)0.00
Price to Sales (P/S)0.00
P/FCF Ratio0.00
Enterprise Value/Market Cap0.86
Enterprise Value/Revenue0.76
Enterprise Value/Gross Profit1.35
Enterprise Value/Ebitda-1.08
Forecast
1Y Price TargetN/A
Price Target UpsideN/A
Rating ConsensusN/A
Number of Analyst Covering0
EPS Forecast (FY)-0.06
Revenue Forecast (FY)$13.13M
Newton Golf Company Business Overview & Revenue Model
Company Description
Newton Golf Company (NWTG) is a leading manufacturer and retailer of innovative golf equipment and accessories. Operating within the sports and recreation sector, NWTG specializes in high-performance golf clubs, balls, apparel, and technology-driv...
Newton Golf Company Financial Statement Overview
Summary
Income Statement
24
Negative
Balance Sheet
41
Neutral
Cash Flow
18
Very Negative
| Breakdown | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 |
|---|---|---|---|---|---|
Income Statement | |||||
| Total Revenue | 8.13M | 3.44M | 349.00K | 190.00K | 200.00K |
| Gross Profit | 4.55M | 2.27M | 122.00K | 80.00K | 84.00K |
| EBITDA | -5.68M | -4.81M | -4.60M | -2.86M | 0.00 |
| Net Income | -6.02M | -11.75M | -4.63M | -3.50M | -302.00K |
Balance Sheet | |||||
| Total Assets | 3.30M | 9.77M | 6.39M | 710.00K | 263.00K |
| Cash, Cash Equivalents and Short-Term Investments | 1.30M | 7.65M | 5.34M | 147.00K | 184.00K |
| Total Debt | 84.00K | 34.00K | 65.00K | 944.00K | 1.21M |
| Total Liabilities | 2.37M | 14.95M | 604.00K | 2.59M | 1.70M |
| Stockholders Equity | 926.00K | -5.19M | 5.79M | -1.88M | -1.44M |
Cash Flow | |||||
| Free Cash Flow | -5.63M | -5.43M | -5.34M | -860.00K | -171.00K |
| Operating Cash Flow | -5.17M | -4.93M | -5.05M | -785.00K | -171.00K |
| Investing Cash Flow | -469.00K | -502.00K | -289.00K | -75.00K | 0.00 |
| Financing Cash Flow | -717.00K | 7.74M | 10.50M | 847.00K | 255.00K |
Newton Golf Company Technical Analysis
Positive
1.56
Price Trends
1.54
Positive
1.54
Positive
1.63
Negative
Market Momentum
-0.02
Positive
51.67
Neutral
52.38
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For NWTG, the sentiment is Positive. The current price of 1.56 is above the 20-day moving average (MA) of 1.54, above the 50-day MA of 1.54, and below the 200-day MA of 1.63, indicating a neutral trend. The MACD of -0.02 indicates Positive momentum. The RSI at 51.67 is Neutral, neither overbought nor oversold. The STOCH value of 52.38 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for NWTG.
Newton Golf Company Risk Analysis
Newton Golf Company disclosed 54 risk factors in its most recent earnings report. Newton Golf Company reported the most risks in the "Finance & Corporate" category.
Finance & Corporate - Financial and accounting risks. Risks related to the execution of corporate activity and strategy
Latest Risks Added 0 New Risks
Newton Golf Company Peers Comparison
UnderperformOutperform
Sector (61)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
72 Outperform | $243.52M | 13.56 | 8.03% | 4.71% | -4.56% | -2.85% | |
69 Neutral | $512.21M | -33.91 | -5.18% | 3.22% | -0.07% | -31.45% | |
63 Neutral | $5.77B | 25.34 | 23.39% | 1.15% | 4.20% | 24.12% | |
61 Neutral | $18.38B | 12.79 | -2.54% | 3.03% | 1.52% | -15.83% | |
47 Neutral | $118.40M | -6.98 | -3.19% | ― | 2.85% | 24.82% | |
45 Neutral | $7.12M | ― | -566.85% | ― | 178.32% | 70.79% |
* Consumer Cyclical Sector Average
NWTG
Newton Golf Company
1.55
-0.81
-34.32%
ESCA
Escalade
17.78
3.09
21.04%
GOLF
Acushnet Holdings
98.47
37.20
60.72%
JOUT
Johnson Outdoors
49.52
26.84
118.38%
AOUT
American Outdoor Brands
9.40
-2.28
-19.52%
Newton Golf Company Corporate Events
Executive/Board Changes
Newton Golf Company announces board resignation and governance change
Neutral
Apr 1, 2026
On March 31, 2026, Newton Golf Company, Inc. announced that Greg Campbell resigned from its Board of Directors, effective immediately, marking a change in the company’s governance structure during that period. The company stated that Campbel...
Executive/Board Changes
Newton Golf Announces CEO Ouster and Interim Leadership Shift
Neutral
Mar 30, 2026
On March 27, 2026, Newton Golf Company, Inc. removed Greg Campbell from his roles as Executive Chairman, Chief Executive Officer and principal executive officer, signaling a significant leadership change for the company. On the same date, co-found...
Private Placements and FinancingRegulatory Filings and Compliance
Newton Golf Raises Capital via Convertible Notes Financing
Positive
Mar 18, 2026
On March 16, 2026, Newton Golf Company, Inc. entered into a securities purchase agreement to raise up to $2 million through unsecured convertible promissory notes and accompanying stock warrants, with an initial $500,000 closing funded by entities...
Business Operations and StrategyExecutive/Board Changes
Newton Golf expands board and elevates financial leadership
Positive
Feb 5, 2026
On January 30, 2026, Newton Golf Company, Inc.’s board expanded from four to five members and appointed John Bode as an independent director, with a concurrent appointment to the Audit Committee, and granted him standard non-employee directo...
Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.