Acushnet Holdings Corp.

NYSE:GOLF Stock Report

Market Cap: US$5.1b

Acushnet Holdings Future Growth

Future criteria checks 2/6

Acushnet Holdings is forecast to grow earnings and revenue by 15.4% and 3% per annum respectively. EPS is expected to grow by 16.6% per annum. Return on equity is forecast to be 28.8% in 3 years.

Key information

15.4%

Earnings growth rate

16.56%

EPS growth rate

Leisure earnings growth38.0%
Revenue growth rate3.0%
Future return on equity28.76%
Analyst coverage

Good

Last updated07 May 2026

Recent future growth updates

Recent updates

Narrative Update • May 04

GOLF: Solid Execution And 2026 Outlook Will Support Fairly Balanced Risk Reward

Analysts have nudged Acushnet Holdings' average price target higher into a tight range around $100, with recent moves such as Roth Capital lifting its target to $102 and Jefferies raising to $100. They cited solid quarterly execution, 2026 guidance slightly ahead of expectations, and a view that the current valuation near 16x expected 2026 EBITDA leaves risk and reward relatively balanced.
Narrative Update • Apr 18

GOLF: Solid Demand And 2026 Outlook Will Support Balanced Risk Reward

Analysts have lifted their blended price target for Acushnet Holdings by roughly $20 to around $100, citing another solid quarter, 2026 guidance that is modestly ahead of expectations, and steady demand, which they see as balanced against the current valuation near 16x expected 2026 EBITDA. Analyst Commentary Recent research on Acushnet Holdings reflects a mix of optimism about execution and caution around valuation, particularly with the shares referenced as trading at roughly 16x expected 2026 EBITDA.
Narrative Update • Apr 03

GOLF: Solid Demand And Capital Returns Will Support Balanced Outlook Through 2026

Narrative Update Acushnet Holdings' analyst price targets have generally shifted higher into a $100 to $102 range, as analysts cite solid recent quarters, 2026 guidance slightly above expectations, steady demand, and ongoing capital returns. They also highlight a balanced risk/reward profile with the shares trading at over 16x expected 2026 EBITDA.
Narrative Update • Mar 18

GOLF: Solid Demand And Capital Returns Will Shape Balanced Future Risk Reward Profile

Narrative Update: Acushnet Holdings Analyst Price Target Shift The updated analyst work nudges the fair value estimate for Acushnet Holdings to about $100 from roughly $98, reflecting higher Street price targets after what analysts describe as another solid quarter, a slightly better than expected 2026 outlook, and confidence in underlying demand, product cadence, and capital returns, even as some call out a more balanced risk/reward at current P/E and EBITDA multiples. Analyst Commentary Recent Street research on Acushnet Holdings clusters around a similar theme, with analysts acknowledging execution on recent quarters and 2026 guidance, while debating how much of that progress is already reflected in the share price.
Narrative Update • Mar 04

GOLF: Higher P/E And Mixed Rating Shifts Will Shape Balanced Future Returns

Analysts have increased their price targets on Acushnet Holdings, with our fair value estimate moving from $90.14 to $98.00 as recent research points to solid demand trends, a slightly lower discount rate, modestly higher revenue growth assumptions, and a higher future P/E multiple despite some pressure on profit margins. Analyst Commentary Recent Street research on Acushnet Holdings reflects a mix of optimism on execution and demand, paired with some caution around valuation and margin pressures.
Narrative Update • Feb 18

GOLF: Rich P/E And Mixed Rating Shifts Will Constrain Future Returns

Analysts have nudged their price targets on Acushnet Holdings higher, with our fair value estimate moving about $3 higher to roughly $90 per share. This reflects updated views on revenue growth, profit margins and a slightly richer future P/E, informed by recent target raises and rating changes across the Street.
Analysis Article • Feb 07

Is Now The Time To Put Acushnet Holdings (NYSE:GOLF) On Your Watchlist?

For beginners, it can seem like a good idea (and an exciting prospect) to buy a company that tells a good story to...
Narrative Update • Feb 03

GOLF: Rich P/E And Mixed Rating Shifts Will Pressure Future Returns

Analysts have raised their fair value estimate for Acushnet Holdings from about $81.29 to roughly $87.14, citing updated assumptions on discount rate, revenue growth, profit margins, a slightly higher future P/E multiple, and recent price target and rating changes from the Street. Analyst Commentary Recent Street research on Acushnet Holdings reflects a mix of optimism around execution and growth, alongside some caution on how much upside is already captured in the valuation.
Narrative Update • Jan 20

GOLF: Mixed Ratings And Rich P/E Will Constrain Future Return Potential

Analysts have nudged their fair value estimate for Acushnet Holdings higher, lifting the implied target from about US$79.86 to roughly US$81.29. They cite recent Street research that includes a higher price target from one firm and a sector-weight downgrade from another, modestly updated discount rate and growth inputs, and a slightly higher assumed future P/E multiple.
Narrative Update • Jan 06

GOLF: Ongoing Buybacks And Stable Guidance Will Support Balanced Future Returns

Analysts kept their fair value estimate for Acushnet Holdings steady at about $80, with only very small tweaks to the discount rate, revenue growth, profit margin and future P/E assumptions, signaling a largely unchanged price target framework overall. What's in the News The company reiterated revenue guidance for the second half of 2025, with expectations for low single digit revenue growth on a reported basis (Corporate guidance).
Analysis Article • Jan 01

We Think Acushnet Holdings (NYSE:GOLF) Can Stay On Top Of Its Debt

Warren Buffett famously said, 'Volatility is far from synonymous with risk.' It's only natural to consider a company's...
Narrative Update • Dec 18

GOLF: Share Repurchases And Margin Expansion Will Support Balanced Future Returns

Analysts have nudged their price target on Acushnet Holdings higher by approximately $1.00 to reflect slightly stronger expectations for revenue growth, improving profit margins, and a still supportive but modestly lower future earnings multiple. What's in the News Reiterated second half 2025 revenue guidance, calling for low single digit growth versus the prior year, signaling steady but moderated expansion.
Analysis Article • Dec 12

Is There An Opportunity With Acushnet Holdings Corp.'s (NYSE:GOLF) 26% Undervaluation?

Key Insights Acushnet Holdings' estimated fair value is US$116 based on 2 Stage Free Cash Flow to Equity Acushnet...
Narrative Update • Dec 04

GOLF: Share Repurchases And Margin Stability Will Support Balanced Returns

Narrative Update on Acushnet Holdings Analysts have modestly increased their price target on Acushnet Holdings, citing slightly higher long term revenue growth and profit margin expectations, along with a marginally higher discount rate. Together, these factors support a fair value estimate holding near approximately 79 dollars per share.
Analysis Article • Nov 25

What Does Acushnet Holdings Corp.'s (NYSE:GOLF) Share Price Indicate?

Acushnet Holdings Corp. ( NYSE:GOLF ), is not the largest company out there, but it saw a decent share price growth of...
Narrative Update • Nov 20

GOLF: Profit Margin Strength Will Sustain Momentum Despite Softening Revenue Outlook

Analysts have slightly raised their price target for Acushnet Holdings by $1 to $78.86, reflecting a modest improvement in projected profit margin even as expectations for revenue growth have become more restrained. What's in the News Acushnet Holdings Corp.
Narrative Update • Nov 05

GOLF: Strong Product Demand Will Offset Apparel Headwinds And Maintain Momentum

Analysts have raised their price target for Acushnet Holdings by $2.00. They cite stronger revenue growth, improved profit margins, and positive momentum from recent product launches.
Analysis Article • Oct 09

Acushnet Holdings Corp.'s (NYSE:GOLF) Business Is Trailing The Market But Its Shares Aren't

It's not a stretch to say that Acushnet Holdings Corp.'s ( NYSE:GOLF ) price-to-earnings (or "P/E") ratio of 20.9x...
Analysis Article • Sep 13

Returns Are Gaining Momentum At Acushnet Holdings (NYSE:GOLF)

To find a multi-bagger stock, what are the underlying trends we should look for in a business? Ideally, a business will...
Seeking Alpha • Sep 04

Acushnet: Despite Growth, Valuation And Long-Term Concerns Prevent An Upgrade

Summary Acushnet Holdings posted solid Q2 results, with revenue and profits rising, but cash flow growth remains modest and some segments lagged. Key international markets like South Korea and Japan face structural headwinds from population decline, limiting long-term growth potential. Tariffs and macroeconomic uncertainty continue to weigh on the outlook, though management is mitigating impacts through cost controls and price actions. Despite strong brand and US performance, shares appear fairly valued versus peers, supporting my continued 'hold' rating for the stock. Read the full article on Seeking Alpha
Analysis Article • Aug 30

Here's Why Acushnet Holdings (NYSE:GOLF) Has Caught The Eye Of Investors

The excitement of investing in a company that can reverse its fortunes is a big draw for some speculators, so even...
Narrative Update • Aug 27

High Valuations Will Fail Against Global Headwinds

Analyst price targets for Acushnet Holdings have risen to $75.86, reflecting strong demand for new T-series irons, resilient performance, and a positive sector outlook, despite ongoing challenges in Korean apparel and FootJoy repositioning. Analyst Commentary Strong initial sell-through trends for the new T-series iron club launch are supporting improved demand outlook.
Analysis Article • Aug 14

Acushnet Holdings (NYSE:GOLF) Has Announced A Dividend Of $0.235

Acushnet Holdings Corp. ( NYSE:GOLF ) will pay a dividend of $0.235 on the 19th of September. This takes the annual...
Analysis Article • Aug 09

Does Acushnet Holdings (NYSE:GOLF) Have A Healthy Balance Sheet?

Warren Buffett famously said, 'Volatility is far from synonymous with risk.' So it seems the smart money knows that...
Analysis Article • Jul 16

Is Acushnet Holdings Corp. (NYSE:GOLF) Trading At A 29% Discount?

Key Insights Using the 2 Stage Free Cash Flow to Equity, Acushnet Holdings fair value estimate is US$109 Acushnet...
Analysis Article • Jul 04

Is There Now An Opportunity In Acushnet Holdings Corp. (NYSE:GOLF)?

Acushnet Holdings Corp. ( NYSE:GOLF ), might not be a large cap stock, but it received a lot of attention from a...
Analysis Article • Jun 10

Unpleasant Surprises Could Be In Store For Acushnet Holdings Corp.'s (NYSE:GOLF) Shares

There wouldn't be many who think Acushnet Holdings Corp.'s ( NYSE:GOLF ) price-to-earnings (or "P/E") ratio of 18.8x is...
Analysis Article • May 29

Returns On Capital Are Showing Encouraging Signs At Acushnet Holdings (NYSE:GOLF)

If we want to find a stock that could multiply over the long term, what are the underlying trends we should look for...
Analysis Article • May 15

Acushnet Holdings' (NYSE:GOLF) Earnings Are Weaker Than They Seem

Acushnet Holdings Corp. ( NYSE:GOLF ) just reported some strong earnings, and the market reacted accordingly with a...
Seeking Alpha • Mar 04

Acushnet Holdings: Taking Another Swing At This Name

Summary Despite my passion for golf, I maintain Acushnet Holdings as a ‘hold’ due to its mixed financial performance and fair valuation. Revenue continues to grow and that looks set to continue, with EBITDA guidance for 2025 also pointing higher. Shares aren't cheap, but they certainly don't look expensive on an absolute basis. Long-term, I believe the firm will be just fine, but it's not cheap enough to warrant a bullish rating. Read the full article on Seeking Alpha
Seeking Alpha • Feb 21

Acushnet Holdings Q4 Preview: Solid Growth Ahead And Initiate With 'Buy'

Summary Acushnet Holdings Corp. is a leader in the golf industry, focusing on premium products, strong brand strategy, and dedicated golfers, warranting a Buy rating with an $82 target price. The company excels by targeting dedicated golfers, prioritizing product quality, and leveraging endorsements from elite players to build brand prestige and customer loyalty. Robust financial management, solid Q3-FY24 results, and a healthy balance sheet support sustainable GOLF growth, with FY24 revenue expected to grow between 3.2% to 5.3%. Potential risks include weather, economic cycles, competition, tariffs, and foreign exchange, but Acushnet's strong market positioning and diversified manufacturing mitigate these concerns. Read the full article on Seeking Alpha
Seeking Alpha • Nov 26

Acushnet In Q3: A Hole-In One Business But Shares Seem Dear

Summary Acushnet, owner of premium golf brands like Titleist and FootJoy, shows strong sales growth and operating margins but faces high interest expenses impacting net income. Despite robust financials and a narrow economic moat, Acushnet's shares are overvalued by 13% according to DCF analysis. The company's premium pricing strategy and strong brand reputation drive profitability, but cyclical demand and competitive pressures pose risks to the business. Acushnet's solid liquidity and cash flow generation are commendable, but the current steep valuation reduces opportunities for GARP investors. Hold rating issued. Read the full article on Seeking Alpha

Earnings and Revenue Growth Forecasts

NYSE:GOLF - Analysts future estimates and past financials data (USD Millions)
DateRevenueEarningsFree Cash FlowCash from OpAvg. No. Analysts
12/31/20282,828249N/AN/A1
12/31/20272,7522412382978
12/31/20262,6722282162838
3/31/20262,60817189171N/A
12/31/20252,559189120194N/A
9/30/20252,527222110194N/A
6/30/20252,49023097175N/A
3/31/20252,453226156234N/A
12/31/20242,457214170245N/A
9/30/20242,425189246321N/A
6/30/20242,398190284354N/A
3/31/20242,403193275349N/A
12/31/20232,382198271372N/A
9/30/20232,416225128288N/A
6/30/20232,381220-16142N/A
3/31/20232,351212-13910N/A
12/31/20222,270199-194-68N/A
9/30/20222,243173-77-25N/A
6/30/20222,2071602571N/A
3/31/20222,173175137180N/A
12/31/20212,148179277314N/A
9/30/20212,148227349377N/A
6/30/20212,109251391418N/A
3/31/20211,784172282307N/A
12/31/20201,61296240264N/A
9/30/20201,56092176206N/A
6/30/20201,494596193N/A
3/31/20201,65695119152N/A
12/31/20191,681121N/A134N/A
9/30/20191,656115N/A129N/A
6/30/20191,61092N/A139N/A
3/31/20191,62693N/A161N/A
12/31/20181,634100N/A164N/A
9/30/20181,642107N/A121N/A
6/30/20181,619109N/A127N/A
3/31/20181,568102N/A110N/A
12/31/20171,56099N/A-27N/A
9/30/20171,53984N/A-36N/A
6/30/20171,53165N/A-41N/A
3/31/20171,56650N/A-25N/A
12/31/20161,57223N/A104N/A
9/30/20161,5630N/A104N/A
6/30/20161,543-8N/A111N/A
3/31/20161,527-9N/A98N/A
12/31/20151,503-15N/A92N/A

Analyst Future Growth Forecasts

Earnings vs Savings Rate: GOLF's forecast earnings growth (15.4% per year) is above the savings rate (3.5%).

Earnings vs Market: GOLF's earnings (15.4% per year) are forecast to grow slower than the US market (16.7% per year).

High Growth Earnings: GOLF's earnings are forecast to grow, but not significantly.

Revenue vs Market: GOLF's revenue (3% per year) is forecast to grow slower than the US market (11.6% per year).

High Growth Revenue: GOLF's revenue (3% per year) is forecast to grow slower than 20% per year.

Earnings per Share Growth Forecasts

Future Return on Equity

Future ROE: GOLF's Return on Equity is forecast to be high in 3 years time (28.8%)

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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/05/12 21:34
End of Day Share Price 2026/05/12 00:00
Earnings2026/03/31
Annual Earnings2025/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

Acushnet Holdings Corp. is covered by 18 analysts. 8 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Casey AlexanderCompass Point Research & Trading, LLC
Andrew BurnsD.A. Davidson & Co.
William SchmitzDeutsche Bank