Acushnet Holdings Corp. (GOLF) Stock Price & How to Invest

Acushnet Holdings Corp. designs and sells golf equipment and golf wear under Titleist, FootJoy, Scotty Cameron, Vokey Design, KJUS and Club Glove. It reports in four product lines: Titleist golf balls, Titleist golf clubs, Titleist golf gear (bags, gloves, headwear) and FootJoy golf wear (shoes, gloves, apparel). The Pro V1 and Pro V1x are the best-selling balls in the sport and anchor the company's position at the committed, fitted end of the market. That focus is deliberate: Acushnet sells mostly through green-grass golf shops, off-course specialty retail and fitting channels rather than mass merchants, which supports pricing and keeps gross margins in the low-to-mid 50s.

The 2026 picture has been better than the setup implied. Second-quarter net sales were about $820 million, up roughly 13.8% year over year, with golf clubs up about 42% on an accelerated launch of the GTS metals line and gross margin at about 54.4%, helped by roughly $38 million of net tariff refunds. Adjusted EBITDA rose about 46% to roughly $209 million and diluted EPS came in near $2.08. Management guided full-year net sales to roughly $2.65 billion to $2.675 billion and adjusted EBITDA to roughly $450 million to $470 million. Set against that, Magnus Holdings, wholly owned by the Korean group formerly named Fila Holdings, holds a majority stake, and a pension fund's Delaware Court of Chancery complaint unsealed in May 2025 alleges Acushnet's repurchase program was calibrated to keep that stake just above 50% while the controller sold shares. Governance, not demand, is the part of this story most likely to be argued over.

The largest non-operational risk is the ownership structure: Magnus Holdings, wholly owned by the Korean group formerly called Fila Holdings and now Misto Holdings, holds a majority of the shares, and a Delaware Court of Chancery complaint unsealed in May 2025 alleges the board calibrated more than $750 million of repurchases so the controller's stake stayed just above 50% while it sold roughly 7 million shares. That case is a fiduciary-duty dispute rather than a securities-fraud claim, but an unresolved control fight and a controller that has been a seller both sit over the stock. Operationally, golf equipment is discretionary and expensive, so a consumer slowdown hits club and shoe replacement first even if ball volumes hold. The club business is lumpy by design, and a launch pulled into one quarter borrows from the next. Reported results also carry meaningful currency exposure through Japan and Korea, and part of 2026's margin expansion came from tariff refunds that will not recur at the same size.

5 analysts publish price targets on GOLF, averaging $102.00 against a $90.06 price as of August 2026, or +13.3%. The published targets run from $95.00 to $118.00, a narrow spread, and the ratings split 0 buy, 7 hold, 0 sell. Over the last six months there have been 2 raises and 0 cuts among the published actions. A price target is what an analyst published on a date, not a prediction, and sell-side ratings skew positive across the whole market.

Read the full GOLF forecast and price target for the target table, the recent rating actions by firm, and how the consensus has shifted.

We give no verdict on Acushnet Holdings Corp.. Both cases are real, which is why the question is contested at all, so here is the strongest version of each.

The case for buying. The Pro V1 franchise and ball economics. Titleist golf balls generated roughly $274 million in the second quarter of 2026, up about 4.5%, and they are the most repeatable revenue in the company because a ball is a consumable that a committed golfer rebuys at the same brand. The most optimistic published target, $118.00, assumes this works close to its best case.

The case against. The largest non-operational risk is the ownership structure: Magnus Holdings, wholly owned by the Korean group formerly called Fila Holdings and now Misto Holdings, holds a majority of the shares, and a Delaware Court of Chancery complaint unsealed in May 2025 alleges the board calibrated more than $750 million of repurchases so the controller's stake stayed just above 50% while it sold roughly 7 million shares. The most pessimistic target, $95.00, is roughly what GOLF is worth if this bites instead.

Read the full bull and bear case on GOLF, including what would have to change to break either one. Walnut is not an investment adviser.

A simple financial snapshot. These are approximations and refresh quarterly; for current figures see Acushnet Holdings Corp.'s investor relations page or your broker.

• Revenue (TTM): ~$2.71 billion
• Q2 2026 net sales: ~$820 million, up ~13.8% year over year
• Q2 2026 diluted EPS: ~$2.08 (net income ~$125 million)
• Gross margin (Q2 2026): ~54.4%, up ~520 basis points
• FY2026 guidance: Net sales ~$2.65B to ~$2.675B; adjusted EBITDA ~$450M to ~$470M
• Market cap: ~$5.26 billion (stock ~$90)

Figures are approximate and tied to the asOf date; check live numbers before acting. With net leverage around 2.0x at mid-year, enterprise value works out to roughly 13 times the midpoint of guided full-year adjusted EBITDA, which is a premium to most sporting-goods peers and reflects the pricing power of the Titleist ball franchise. The trailing multiple flatters the picture somewhat because the first half absorbed both an accelerated club launch and tariff refunds, so the second half faces harder comparisons on both.

Other names that sit close to GOLF: same theme, named as a direct competitor, or held beside it in the same funds. Each entry says which. Worth a look if you are thinking about diversification within a thesis rather than concentration on one ticker.

There are three common ways to get GOLF exposure. Buy shares (or fractional shares) directly at any major broker. Hold an ETF that includes it, which spreads the position across many companies. Or build it into a focused thematic portfolio, so GOLF sits alongside other stocks that express the same thesis.

Walnut takes the portfolio route. Describe a thesis where GOLF fits (for example “AI infrastructure” or “dividend-growth large-caps”) and the AI proposes 5 to 6 constituents with target weights. You review the plan and fund it through your own broker when you're ready.

New to this? Start with how to invest in stocks, see how to analyze a stock with AI, or compare the best AI stock analyzers.

Acushnet is a high-margin, brand-led business with a genuinely loyal customer base and a strong 2026 so far, sitting under a controlling shareholder whose conduct is being litigated, so the question is how you weigh the franchise against the governance and the launch-cycle lumpiness.

Whether GOLF is worth buying today depends more on your time horizon and what you already hold than on any single call. We walk through valuation, what would have to go right, and the risks in is GOLF a buy or a sell?, and where the stock could go from here in the GOLF stock forecast.

For income investors, whether GOLF pays a dividend and how the payout looks is covered in does GOLF pay a dividend? And to weigh GOLF against a peer, read the full side-by-side comparisons: GOLF vs NKE and GOLF vs UA.