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CVLG Stock Forecast: Covenant Logistics Group Inc. Price Predictions for 2026

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$45.45

-0.87 (-1.88%)

CVLG Stock Forecast 2026-2027

$45.45
Current Price
$1.14B
Market Cap
2 Ratings
Buy 1
Hold 1
Sell 0
Wall St Analyst Ratings

Distance to CVLG Price Targets

-23.0%
To High Target of $35.00
-23.0%
To Median Target of $35.00
-23.0%
To Low Target of $35.00

CVLG Price Momentum

+4.4%
1 Week Change
+33.2%
1 Month Change
+99.7%
1 Year Change
+106.2%
Year-to-Date Change
-3.5%
From 52W High of $47.08
+152.5%
From 52W Low of $18.00
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Latest CVLG Stock Price Targets & Analyst Predictions

Based on our analysis of 2 Wall Street analysts, CVLG has a neutral consensus with a median price target of $35.00 (ranging from $35.00 to $35.00). The overall analyst rating is Strong Buy (8.0/10). Currently trading at $45.45, the median forecast implies a -23.0% downside. This outlook is supported by 1 Buy, 1 Hold, and 0 Sell ratings.

Please note that analyst price targets are forward-looking estimates subject to substantial market, economic, and company-specific risks. Past performance does not guarantee future results, and actual stock performance may materially differ from these projections. Investors should conduct their own due diligence and consider their investment objectives and risk tolerance before making investment decisions.

CVLG Analyst Ratings

1
Buy
1
Hold
0
Sell

CVLG Price Target Range

Low
$35.00
Average
$35.00
High
$35.00
Current: $45.45

Latest CVLG Stock Forecasts by Analyst

These are the latest 20 analyst ratings and price targets for CVLG.

Date Firm Analyst Rating Change Price Target
Jan 24, 2025 Stephens & Co. Daniel Imbro Overweight Reiterates $36.00
Oct 25, 2024 TD Cowen Buy Maintains $N/A
Jul 26, 2024 TD Cowen Buy Maintains $N/A
Jan 25, 2024 TD Cowen Outperform Upgrade $N/A
Jan 23, 2024 Vertical Research Buy Initiates $N/A
Jul 28, 2023 Stephens & Co. Overweight Maintains $N/A
May 1, 2023 Stephens & Co. Overweight Maintains $N/A
Jan 10, 2023 Wolfe Research Peer Perform Upgrade $N/A
Oct 24, 2022 Stephens & Co. Equal-Weight Maintains $N/A
Apr 14, 2022 Cowen & Co. Market Perform Downgrade $N/A
Apr 5, 2022 Wolfe Research Underperform Maintains $N/A
Jan 6, 2022 Wolfe Research Underperform Downgrade $N/A
May 22, 2020 Stephens & Co. Overweight Upgrade $N/A
May 21, 2020 Stifel Buy Upgrade $N/A
Oct 30, 2019 Stifel Nicolaus Hold Downgrade $N/A
May 22, 2019 Cowen & Co. Outperform Upgrade $N/A
May 1, 2019 Stephens & Co. Equal-Weight Downgrade $N/A
Jun 6, 2018 Stifel Nicolaus Buy Maintains $N/A
Apr 26, 2018 Stifel Nicolaus Buy Upgrade $N/A
Mar 15, 2018 Seaport Global Buy Upgrade $N/A

Covenant Logistics Group Inc. (CVLG) Competitors

The following stocks are similar to Covenant Logistics based on their market capitalization and industry sector. These similar stocks potentially provide investors with alternative investment opportunities within the same market segment.

Covenant Logistics Group Inc. (CVLG) Financial Data

Covenant Logistics Group Inc. has a market capitalization of $1.14B with a P/E ratio of 505.0x. The company generates $1.20B in trailing twelve-month revenue with a 0.4% profit margin.

Revenue growth is +14.0% quarter-over-quarter, while maintaining an operating margin of +2.3% and return on equity of +0.5%.

Valuation Metrics

Market Cap $1.14B
Enterprise Value $1.42B
P/E Ratio 505.0x
PEG Ratio -18.0x
Price/Sales 1.0x

Growth & Margins

Revenue Growth (YoY) +14.0%
Gross Margin +12.5%
Operating Margin +2.3%
Net Margin +0.4%
EPS Growth -32.7%

Financial Health

Cash/Price Ratio +1.0%
Current Ratio 1.0x
Debt/Equity 71.6x
ROE +0.5%
ROA +1.4%
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Covenant Logistics Group Inc. logo

Covenant Logistics Group Inc. (CVLG) Business Model

About Covenant Logistics Group Inc.

What They Do

Provides transportation and logistics services in North America.

Business Model

The company operates primarily in the truckload freight market, generating revenue through expedited, dedicated, warehousing, and brokerage services. By offering customized logistics solutions and connecting shippers with third-party carriers, Covenant Logistics enhances supply chain efficiency for various industries.

Additional Information

Headquartered in Chattanooga, Tennessee, Covenant Logistics focuses on technology integration to improve shipment visibility and efficiency, which strengthens its market position and supports the economic vitality of the regions it serves.

Company Information

Sector

Industrials

Industry

Trucking

Employees

2,900

CEO

Mr. David Ray Parker

Country

United States

IPO Year

2020

Covenant Logistics Group Inc. (CVLG) Latest News & Analysis

Latest News

CVLG stock latest news image
Quick Summary

Covenant Logistics Group published its 2025 CSR Report, highlighting efforts in environmental responsibility, freight decarbonization, and partnerships for sustainable innovation and community support.

Why It Matters

Covenant Logistics' CSR report highlights its focus on sustainability and partnerships, signaling potential long-term growth and risk mitigation, which can enhance investor confidence and attract ESG-focused capital.

Source: GlobeNewsWire
Market Sentiment: Neutral
CVLG stock latest news image
Quick Summary

Covenant Logistics Group (NYSE: CVLG) declared a quarterly cash dividend of $0.07 per share, payable on June 26, 2026, to shareholders of record on June 5, 2026.

Why It Matters

Covenant Logistics Group's declaration of a quarterly dividend indicates financial stability and commitment to returning value to shareholders, potentially attracting more investors.

Source: GlobeNewsWire
Market Sentiment: Neutral
CVLG stock latest news image
Quick Summary

Covenant Logistics Group, Inc. (CVLG) held its Q1 2026 earnings call, discussing financial performance and business updates. Further details will be available in the transcript.

Why It Matters

Covenant Logistics' Q1 2026 earnings reveal financial performance and growth prospects, impacting stock valuation, investor sentiment, and potential market movements.

Source: Seeking Alpha
Market Sentiment: Neutral
CVLG stock latest news image
Quick Summary

Covenant Logistics' Q1 2026 results showed no financial improvement, with pressured margins in Expedited and cautious management reducing net debt while selling trucks.

Why It Matters

Covenant Logistics' weak Q1 2026 results and cautious management indicate ongoing challenges in profitability, impacting investor confidence amidst a recovering industry.

Source: Seeking Alpha
Market Sentiment: Positive
CVLG stock latest news image
Quick Summary

Covenant Logistics Group, Inc. (NYSE: CVLG) reported its financial and operating results for Q1 2026, ending March 31. Further details on performance were disclosed in the announcement.

Why It Matters

Covenant Logistics' Q1 2026 results can impact stock performance and investor sentiment, affecting share prices and future growth expectations.

Source: GlobeNewsWire
Market Sentiment: Neutral
CVLG stock latest news image
Quick Summary

Covenant Logistics Group, Inc. (NYSE: CVLG) will release Q1 earnings on April 23, 2026, at 4:00 p.m. ET, with a conference call on April 24 at 10:00 a.m. ET. Audio replay available afterward.

Why It Matters

Covenant Logistics' upcoming earnings release may impact stock prices based on performance results, guidance, and investor sentiment during the conference call.

Source: GlobeNewsWire
Market Sentiment: Neutral

Frequently Asked Questions About CVLG Stock

What is Covenant Logistics Group Inc.'s (CVLG) stock forecast for 2026?

Based on our analysis of 2 Wall Street analysts, Covenant Logistics Group Inc. (CVLG) has a median price target of $35.00. The highest price target is $35.00 and the lowest is $35.00.

Is CVLG stock a good investment in 2026?

According to current analyst ratings, CVLG has 1 Buy ratings, 1 Hold ratings, and 0 Sell ratings. The stock is currently trading at $45.45. Always conduct your own research and consider your investment goals before making investment decisions.

What is the long-term price prediction for CVLG stock?

Wall Street analysts predict CVLG stock could reach $35.00 in the next 12 months. This represents a -23.0% decrease from the current price of $45.45. Please note that this is a projection by Wall Street analysts and not a guarantee.

What is Covenant Logistics Group Inc.'s business model?

The company operates primarily in the truckload freight market, generating revenue through expedited, dedicated, warehousing, and brokerage services. By offering customized logistics solutions and connecting shippers with third-party carriers, Covenant Logistics enhances supply chain efficiency for various industries.

What is the highest forecasted price for CVLG Covenant Logistics Group Inc.?

The highest price target for CVLG is $35.00 from at , which represents a -23.0% decrease from the current price of $45.45.

What is the lowest forecasted price for CVLG Covenant Logistics Group Inc.?

The lowest price target for CVLG is $35.00 from at , which represents a -23.0% decrease from the current price of $45.45.

What is the overall CVLG consensus from analysts for Covenant Logistics Group Inc.?

The overall analyst consensus for CVLG is neutral. Out of 2 Wall Street analysts, 1 rate it as Buy, 1 as Hold, and 0 as Sell, with a median price target of $35.00.

How accurate are CVLG stock price projections?

Stock price projections, including those for Covenant Logistics Group Inc., are based on various factors including financial models, market conditions, and analyst forecasts. While these predictions provide valuable insights, they should be considered alongside your own research and risk tolerance.

Important Disclaimer

The information provided by Ticker Nerd is for educational and informational purposes only. It should not be considered financial or investment advice. Past performance is not indicative of future results. Always conduct your own research and consult with a qualified financial advisor before making any investment decisions. Analyst ratings and price forecasts are sourced from Wall St analysts and other experts. These projections are speculative and do not guarantee future stock performance.

Last updated: June 14, 2026 6:20 AM UTC
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