Covenant Logistics Group, Inc. (CVLG)
NYSE: CVLG · Real-Time Price · USD
35.05
+0.74 (2.16%)
Sep 4, 2026, 4:00 PM EDT - Market closed

Covenant Logistics Group Stock Forecast

Stock Price Forecast

According to 5 analysts polled by S&P Global, Covenant Logistics Group stock has a consensus rating of "Buy" and an average price target of $51.75. The average 1-year stock price forecast is 47.65% higher than the current stock price, while the lowest is $43 (+22.68%) and the highest is $60 (+71.18%).

Price Target: $51.75 (+47.65%)
Analyst Consensus: Buy

Price Target

Chart
TargetLowAverageMedianHigh
Price$43$51.75$52$60
Change+22.68%+47.65%+48.36%+71.18%

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

Chart
RatingJan '26Feb '26Apr '26May '26Jul '26Aug '26
Strong Buy332123
Buy000011
Hold111111
Sell000000
Strong Sell000000
Total443245

Latest Forecasts

AnalystFirmRatingRatingActionPrice TargetUpsideDate
Robert W. Baird
Robert W. Baird
Buy
Initiates
$50
BuyInitiates$50+42.65%Aug 19, 2026
Stephens
Stephens
Buy
Reiterates
$54
BuyReiterates$54+54.07%Jul 31, 2026
TD Cowen
TD Cowen
Buy
Reiterates
$43
BuyReiterates$43+22.68%Jul 30, 2026
Citizens JMP
Citizens JMP
Buy
Initiates
$60
BuyInitiates$60+71.18%Jul 15, 2026

Financial Forecast

Revenue This Year
1.31B
from 1.16B
Increased by 12.24%
Revenue Next Year
1.41B
from 1.31B
Increased by 8.14%
EPS This Year
1.72
from 1.53
Increased by 12.29%
EPS Next Year
2.73
from 1.72
Increased by 58.91%
Fiscal YearFY 2021FY 2022FY 2023FY 2024FY 2025FY 2026
Period EndingDec 31, 2021Dec 31, 2022Dec 31, 2023Dec 31, 2024Dec 31, 2025Dec 31, 2026
Revenue
1.05B1.22B1.10B1.13B1.16B1.31B
Revenue Growth
24.74%16.33%-9.31%2.53%2.92%12.24%
Operating Income
63.36M80.36M46.24M62.88M23.31M56.43M
Net Income
60.73M108.68M55.23M35.92M7.24M41.00M
EPS
----1.531.72
EPS Growth
-----22.73%12.29%
Forward PE
7.087.4911.1611.9612.1520.40
Free Cash Flow
36.02M37.42M-150.11M-30.44M-66.87M80.00M
No. Analysts
-----4
EPS and Forward PE are based on non-GAAP adjusted numbers.

Revenue Forecast

Revenue202620272028
High1.3B
Avg1.3B
Low1.3B

Revenue Growth

Revenue Growth202620272028
High
14.7%
Avg
12.2%
Low
10.3%

EPS Forecast

EPS202620272028
High1.82
Avg1.72
Low1.60

EPS Growth

EPS Growth202620272028
High
19.0%
Avg
12.3%
Low
4.6%