Covenant Logistics Group, Inc. (CVLG)
NYSE: CVLG · Real-Time Price · USD
35.27
+1.00 (2.92%)
May 18, 2026, 4:00 PM EDT - Market closed

Covenant Logistics Group Stock Forecast

Stock Price Forecast

The 2 analysts with 12-month price forecasts for Covenant Logistics Group stock have an average target of 35, which predicts a -0.77% decrease from the current stock price of 35.27.

Price Target: $35 (-0.77%)
Analyst Consensus: Buy
TargetLowAverageMedianHigh
Price$35$35$35$35
Change-0.77%-0.77%-0.77%-0.77%

Analyst Ratings

The average analyst rating for Covenant Logistics Group stock is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.

Recommendation Trends

RatingAug '24Sep '24Oct '24Nov '24Dec '24Jan '25
Strong Buy222220
Buy110000
Hold000000
Sell000000
Strong Sell000000
Total332220

Latest Forecasts

AnalystFirmRatingRatingActionPrice TargetUpsideDate
Stephens & Co.
Stephens & Co.
Buy
Reiterates
$36
BuyReiterates$36+2.07%Jan 24, 2025
TD Cowen
TD Cowen
Strong Buy
Maintains
$35$35
Strong BuyMaintains$35$35-2.18%Oct 25, 2024
TD Cowen
TD Cowen
Strong Buy
Maintains
$33$35
Strong BuyMaintains$33$35-0.77%Jul 26, 2024
TD Cowen
TD Cowen
Buy
Upgrades
$26$33
BuyUpgrades$26$33-6.44%Jan 25, 2024
Vertical Research
Vertical Research
Strong Buy
Initiates
$35
Strong BuyInitiates$35-0.77%Jan 23, 2024
More Analyst Ratings

Financial Forecast

Revenue This Year
1.31B
from 1.16B
Increased by 12.50%
Revenue Next Year
1.39B
from 1.31B
Increased by 5.88%
EPS This Year
1.73
from 0.27
Increased by 554.01%
EPS Next Year
2.52
from 1.73
Increased by 45.59%
Fiscal YearFY 2021FY 2022FY 2023FY 2024FY 2025FY 2026FY 2027
Period EndingDec 31, 2021Dec 31, 2022Dec 31, 2023Dec 31, 2024Dec 31, 2025Dec 31, 2026Dec 31, 2027
Revenue
1.05B1.22B1.10B1.13B1.16B1.31B1.39B
Revenue Growth
24.74%16.33%-9.31%2.53%2.92%12.50%5.88%
EPS
1.783.501.991.300.271.732.52
EPS Growth
-96.35%-43.16%-34.65%-79.63%554.01%45.59%
Forward PE
-----20.3413.97
No. Analysts
-----55
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue20262027
High1.3B1.4B
Avg1.3B1.4B
Low1.3B1.3B

Revenue Growth

Revenue Growth20262027
High
15.8%
9.0%
Avg
12.5%
5.9%
Low
8.0%
1.8%

EPS Forecast

EPS20262027
High1.892.84
Avg1.732.52
Low1.572.21

EPS Growth

EPS Growth20262027
High
612.9%
63.5%
Avg
554.0%
45.6%
Low
491.4%
27.2%
Sources: Price targets and consensus ratings provided by S&P Global Market Intelligence. Historical ratings and analyst data provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data sources.