Covenant Logistics Group, Inc. (CVLG)
NYSE: CVLG · Real-Time Price · USD
21.72
+0.16 (0.74%)
Dec 5, 2025, 4:00 PM EST - Market closed

Covenant Logistics Group Stock Forecast

Stock Price Forecast

The 1 analyst with a 12-month price forecast for Covenant Logistics Group stock has a target of 36, which predicts a 65.75% increase from the current stock price of 21.72.

Price Target: $36.00 (+65.75%)
Analyst Consensus: Buy
Target Low Average Median High
Price $36 $36 $36 $36
Change +65.75% +65.75% +65.75% +65.75%
* Price targets were last updated on Jan 24, 2025.

Analyst Ratings

According to 1 stock analyst, the rating for Covenant Logistics Group is "Buy". This means that the analyst believes this stock is likely to outperform the market over the next twelve months.

Recommendation Trends

Rating Aug '24Sep '24Oct '24Nov '24Dec '24Jan '25
Strong Buy 222220
Buy 110001
Hold 000000
Sell 000000
Strong Sell 000000
Total 332221

Latest Forecasts

Analyst Firm Rating Rating Action Price Target Upside Date
Stephens & Co.
Stephens & Co.
Buy
Reiterates
$36
Buy Reiterates $36 +65.75% Jan 24, 2025
TD Cowen
TD Cowen
Strong Buy
Maintains
$35$35
Strong Buy Maintains $35$35 +58.84% Oct 25, 2024
TD Cowen
TD Cowen
Strong Buy
Maintains
$33$35
Strong Buy Maintains $33$35 +61.14% Jul 26, 2024
TD Cowen
TD Cowen
Buy
Upgrades
$26$33
Buy Upgrades $26$33 +51.93% Jan 25, 2024
Vertical Research
Vertical Research
Strong Buy
Initiates
$35
Strong Buy Initiates $35 +61.14% Jan 23, 2024
More Analyst Ratings

Financial Forecast

Revenue This Year
1.18B
from 1.13B
Increased by 4.11%
Revenue Next Year
1.25B
from 1.18B
Increased by 5.94%
EPS This Year
1.62
from 1.30
Increased by 24.20%
EPS Next Year
2.12
from 1.62
Increased by 31.07%
Fiscal Year FY 2020 FY 2021 FY 2022 FY 2023 FY 2024 FY 2025 FY 2026
Period Ending Dec 31, 2020 Dec 31, 2021 Dec 31, 2022 Dec 31, 2023 Dec 31, 2024 Dec 31, 2025 Dec 31, 2026
Revenue
838.56M1.05B1.22B1.10B1.13B1.18B1.25B
Revenue Growth
-5.29%24.74%16.33%-9.31%2.53%4.11%5.94%
EPS
-1.231.783.501.991.301.622.12
EPS Growth
--96.35%-43.16%-34.65%24.20%31.07%
Forward PE
-----13.4310.25
No. Analysts
-----66
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue 20252026
High 1.2B 1.3B
Avg 1.2B 1.2B
Low 1.1B 1.2B

Revenue Growth

Revenue Growth 20252026
High
8.2%
13.2%
Avg
4.1%
5.9%
Low
-0.7%
-0.8%

EPS Forecast

EPS 202520262027
High 1.72 2.47
Avg 1.62 2.12
Low 1.51 1.81

EPS Growth

EPS Growth 202520262027
High
32.3%
52.6%
Avg
24.2%
31.1%
Low
15.9%
12.1%
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.