Covenant Logistics Group, Inc. (CVLG)
NYSE: CVLG · Real-Time Price · USD
22.76
-0.12 (-0.52%)
Jun 6, 2025, 4:00 PM - Market closed
Covenant Logistics Group Stock Forecast
Stock Price Forecast
According to 2 professional analysts, the 12-month price target for Covenant Logistics Group stock ranges from a low of $34.5 to a high of $36. The average analyst price target of $35.25 forecasts a 54.88% increase in the stock price over the next year.
Price Target: $35.25 (+54.88%)
Analyst Consensus: Strong Buy
* Price targets were last updated on Jan 24, 2025.
Analyst Ratings
The average analyst rating for Covenant Logistics Group stock is "Strong Buy". This means that analysts believe this stock is likely to perform very well in the near future and significantly outperform the market.
Recommendation Trends
| Rating | Jan '25 | Feb '25 | Mar '25 | Apr '25 | May '25 | Jun '25 |
|---|---|---|---|---|---|---|
| Strong Buy | 1 | 1 | 1 | 1 | 1 | 1 |
| Buy | 1 | 1 | 1 | 1 | 1 | 1 |
| Hold | 0 | 0 | 0 | 0 | 0 | 0 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 2 | 2 | 2 | 2 | 2 | 2 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Stephens & Co. | Stephens & Co. | Buy Reiterates $36 | Buy | Reiterates | $36 | +58.17% | Jan 24, 2025 |
| TD Cowen | TD Cowen | Strong Buy Maintains $35 → $35 | Strong Buy | Maintains | $35 → $35 | +51.58% | Oct 25, 2024 |
| TD Cowen | TD Cowen | Strong Buy Maintains $33 → $35 | Strong Buy | Maintains | $33 → $35 | +53.78% | Jul 26, 2024 |
| TD Cowen | TD Cowen | Hold → Buy Upgrades $26 → $33 | Hold → Buy | Upgrades | $26 → $33 | +44.99% | Jan 25, 2024 |
| Vertical Research | Vertical Research | Strong Buy Initiates $35 | Strong Buy | Initiates | $35 | +53.78% | Jan 23, 2024 |
Financial Forecast
Revenue This Year
1.16B
from 1.13B
Increased by 2.61%
Revenue Next Year
1.23B
from 1.16B
Increased by 5.94%
EPS This Year
1.80
from 1.30
Increased by 38.51%
EPS Next Year
2.47
from 1.80
Increased by 36.78%
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.
Revenue Forecast
| Revenue | 2025 | 2026 |
|---|---|---|
| High | 1.2B | 1.3B |
| Avg | 1.2B | 1.2B |
| Low | 1.1B | 1.2B |
Revenue Growth
| Revenue Growth | 2025 | 2026 |
|---|---|---|
| High | 7.2% | 10.4% |
| Avg | 2.6% | 5.9% |
| Low | -3.4% | -0.7% |
EPS Forecast
| EPS | 2025 | 2026 |
|---|---|---|
| High | 1.91 | 2.70 |
| Avg | 1.80 | 2.47 |
| Low | 1.72 | 2.25 |
EPS Growth
| EPS Growth | 2025 | 2026 |
|---|---|---|
| High | 46.8% | 49.7% |
| Avg | 38.5% | 36.8% |
| Low | 31.8% | 25.0% |
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.