# Covenant Logistics (CVLG) — Analyst Forecast

CVLG · NYSE · Stock

Canonical page: https://www.lighthorse.io/tickers/cvlg/forecast

## Analyst consensus

| Consensus | Buy | Hold | Sell | Analysts |
| --- | --- | --- | --- | --- |
| Buy | 4 | 1 | 0 | 5 |

## Price target

| Low | Average | High | Analysts |
| --- | --- | --- | --- |
| $42.00 | $48.67 | $54.00 | 3 |

Last price $30.81 (as of Oct 16, 2026).

## Recent analyst ratings

| Date | Firm | Action | Rating | Price target |
| --- | --- | --- | --- | --- |
| Oct 5, 2026 | TD Cowen | Maintained | Buy | $42.00 |
| Aug 20, 2026 | Baird | Initiated Coverage | Outperform | $50.00 |
| Jul 31, 2026 | Stephens & Co. | Maintained | Overweight | $54.00 |
| Jul 15, 2026 | Citizens | Initiated Coverage | Market Outperform | $60.00 |
| Jul 8, 2026 | Stephens & Co. | Initiated Coverage | Overweight | $60.00 |
| Jan 24, 2025 | Stephens & Co. | Maintained | Overweight | $36.00 |
| Oct 25, 2024 | TD Cowen | Maintained | Buy | $69.00 |

## Frequently Asked Questions

### What is the price target for CVLG stock?

The average 12-month analyst price target for Covenant Logistics (CVLG) is $48.67, with a high estimate of $54.00 and a low of $42.00, across 3 analysts.

### Is CVLG a buy, sell, or hold?

Analysts covering Covenant Logistics currently average a Buy rating: 4 buy, 1 hold and 0 sell, from 5 analysts. Ratings reflect analyst opinion, not investment advice.

### What upside do analysts see for CVLG?

The average price target of $48.67 implies 57.96% upside from the last price of $30.81.

### What is the latest analyst rating on CVLG?

On Oct 5, 2026, TD Cowen maintained Covenant Logistics at Buy with a price target of $42.00.

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Analyst ratings and price targets are the opinions of third-party research firms, not of Light Horse Securities. They are estimates about an uncertain future, are frequently wrong, and are neither a recommendation nor a prediction of actual results.

This page is for informational purposes only. Nothing on it is a recommendation, solicitation or offer to buy or sell any security, nor investment, legal or tax advice. Light Horse Securities Inc does not verify third-party data and is not responsible for its accuracy, completeness or timeliness.

Data provided by [AInvest](https://www.ainvest.com).