24.72
price up icon0.24%   0.06
after-market After Hours: 24.72
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Covenant Logistics Group Inc Stock (CVLG) Forecast

The Covenant Logistics Group Inc (CVLG) stock price forecast for the next 30 days is generally positive, with an average analyst price target of $85.09, representing a +244.22% increase from the current price of $24.72. The highest analyst price target is $88.02, and the lowest is $82.17.

Disclaimer: The information on this page is not intended to be financial advice. It is for general information only and should not be used to make any investment decisions. Please consult with a professional financial advisor before making any investment decisions.
12-Month CVLG Price Target
Average 99.89 (+304.08% Upside)
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Is Covenant Logistics Group Inc (CVLG) A Buy Now?

Oscillators
Name Value Action
RSI(14) 73.68 Sell
STOCH(9,6) 54.26 Neutral
STOCHRSI(14) 100.00 Sell
MACD(12,26) 0.6829 Buy
ADX(14) 27.36 Buy
William %R -14.86 Sell
CCI(14) 208.70 Buy
Buy: 3 Sell: 3 Neutral: 1
Summary: Neutral
Moving Averages
Period Simple Exponential
MA10
22.91
Buy
23.24
Buy
MA20
22.88
Buy
22.68
Buy
MA50
21.09
Buy
21.92
Buy
MA100
21.82
Buy
21.97
Buy
MA200
22.23
Buy
22.87
Buy
Buy: 10 Sell: 0 Neutral: 0
Summary: Buy
According to our latest analysis, CVLG could be considered a Strong Buy, with 17 technical analysis indicators signaling 13 Buy signals, 3 signaling Sell signals and 1 Neutral signals. This might be a good time to open fresh positions on CVLG, as trading bullish markets is always a lot easier
  1. RSI (Relative Strength Index): The RSI(14) value of 73.68 indicates that CVLG is overbought. This suggests that CVLG price has experienced a significant increase over a specified lookback period, potentially leading to a correction.
  2. STOCH (Stochastic Oscillator): The STOCH value of 54.26 indicates that CVLG is neither overbought nor oversold. It indicates a balanced market sentiment without any extreme buying or selling pressure.
  3. STOCHRSI (Stochastic Relative Strength Index): The STOCHRSI value of 100 indicates that CVLG is oversold. This suggests that CVLG price is at or near the highest level relative to its recent price history.
  4. ADX (Average Directional Index): The ADX value of The ADX value of 27.36 suggests a moderate trend in the market. While not exceptionally strong, it indicates that there is some directional movement occurring. You should pay attention to this trend but may also look for confirmation from other technical indicators or fundamental factors.
  5. CCI (Commodity Channel Index): A CCI(14) value of A CCI(14) value of 208.7 indicates that CVLG is overbought. This means that the price has moved significantly higher than its average, indicating a potential selling opportunity.

Long-term CVLG price forecast for 2025, 2030, 2035, 2040, 2045 and 2050

Based on our analysis about Covenant Logistics Group Inc financial reports and earnings history, Covenant Logistics Group Inc (CVLG) stock could reach $130.25 by 2030, $325.69 by 2040 and $609.44 by 2050. See the projected annual prices until 2050 of the Covenant Logistics Group Inc stock below:

  • Covenant Logistics Group Inc (CVLG) is expected to reach an average price of $212.84 in 2035, with a high prediction of $213.00 and a low estimate of $206.44. This indicates an $760.99% rise from the last recorded price of $24.72.
  • Covenant Logistics Group Inc (CVLG) stock is projected to chart a bullish course in 2040, with an average price target of $324.60, representing an $1,213% surge from its current level. The forecast ranges from a conservative $314.27 to a sky-high $325.69.
  • Our analysts predict Covenant Logistics Group Inc (CVLG) to jump 1,704% by 2045, soaring from $437.33 to an average price of $445.87, potentially reaching $447.93. While $437.33 is the low estimate, the potential upside is significant.
  • Covenant Logistics Group Inc (CVLG) stock is expected to climb by 2050, reaching an average of $603.88, a $2,343% jump from its current level. However, a wide range of estimates exists, with high and low targets of $609.44 and $602.40, respectively, highlighting the market's uncertainty.

Covenant Logistics Group Inc Stock (CVLG) Year by Year Forecast

Covenant Logistics Group Inc Stock (CVLG) Price Forecast for 2026

The predicted value for Covenant Logistics Group Inc (CVLG) in 2026 is set at an average of $96.14. Estimates vary from a peak of $110.11 to a trough of $82.17, indicating an +288.91% surge from the present price of $24.72.
Month Average Low High Change from today's price
February, 2026 $83.10 $82.17 $88.02 +236.16%
March, 2026 $85.97 $82.87 $86.13 +247.76%
April, 2026 $89.20 $84.26 $89.51 +260.83%
May, 2026 $84.95 $84.79 $89.90 +243.67%
June, 2026 $89.97 $83.91 $90.61 +263.96%
July, 2026 $92.66 $88.02 $93.38 +274.85%
August, 2026 $95.66 $91.24 $97.22 +286.98%
September, 2026 $105.66 $95.72 $106.99 +327.44%
October, 2026 $105.34 $103.94 $108.01 +326.13%
November, 2026 $102.72 $101.50 $105.09 +315.52%
December, 2026 $110.11 $102.17 $110.11 +345.43%

Covenant Logistics Group Inc Stock (CVLG) Price Forecast for 2027

For 2027, Stockscan's Analyst expects the average price target for Covenant Logistics Group Inc (CVLG) is $130.14, with a high forecast of $149.55 and a low forecast of $110.73. This indicates an +426.46% increase from the last price of $24.72.
Month Average Low High Change from today's price
January, 2027 $115.80 $110.73 $117.61 +368.43%
February, 2027 $116.45 $114.86 $118.73 +371.09%
March, 2027 $114.43 $113.47 $118.98 +362.89%
April, 2027 $115.08 $110.94 $120.10 +365.55%
May, 2027 $118.16 $115.17 $118.76 +378.00%
June, 2027 $118.15 $117.08 $121.07 +377.96%
July, 2027 $122.15 $117.86 $123.28 +394.13%
August, 2027 $126.87 $120.04 $129.85 +413.22%
September, 2027 $128.91 $126.06 $130.74 +421.48%
October, 2027 $134.23 $129.05 $136.27 +442.99%
November, 2027 $147.64 $134.28 $148.11 +497.26%
December, 2027 $143.53 $141.06 $149.55 +480.60%

Covenant Logistics Group Inc Stock (CVLG) Price Forecast for 2028

In 2028, Covenant Logistics Group Inc (CVLG) is projected to reach an average price of $116.28, with a high projection of $156.90 and a low estimate of $75.65. This indicates an +370.37% rise from the last price of $24.72.
Month Average Low High Change from today's price
January, 2028 $138.42 $137.47 $143.90 +459.96%
February, 2028 $134.65 $134.20 $141.57 +444.70%
March, 2028 $140.73 $134.45 $141.13 +469.30%
April, 2028 $142.61 $139.97 $144.11 +476.90%
May, 2028 $147.43 $142.11 $147.71 +496.40%
June, 2028 $153.42 $148.19 $154.03 +520.62%
July, 2028 $150.68 $149.57 $156.90 +509.53%
August, 2028 $150.63 $147.08 $151.77 +509.33%
September, 2028 $151.11 $148.49 $151.90 +511.30%
October, 2028 $78.28 $75.65 $152.18 +216.66%
November, 2028 $84.65 $77.84 $86.12 +242.44%
December, 2028 $89.96 $84.64 $91.14 +263.90%

Covenant Logistics Group Inc Stock (CVLG) Price Forecast for 2029

The 2029 price forecast for Covenant Logistics Group Inc Stock (CVLG) is $106.85 on average, with a high prediction of $124.42 and a low estimate of $89.27. This represents an +332.23% increase from the previous price of $24.72.
Month Average Low High Change from today's price
January, 2029 $90.01 $89.27 $91.45 +264.11%
February, 2029 $94.15 $89.34 $94.98 +280.88%
March, 2029 $93.87 $91.45 $96.94 +279.73%
April, 2029 $99.92 $94.49 $100.29 +304.22%
May, 2029 $99.54 $98.96 $101.28 +302.66%
June, 2029 $102.39 $99.69 $104.07 +314.20%
July, 2029 $108.08 $102.94 $108.82 +337.20%
August, 2029 $113.73 $108.80 $113.87 +360.07%
September, 2029 $115.29 $114.14 $116.69 +366.40%
October, 2029 $121.49 $115.33 $122.30 +391.46%
November, 2029 $121.73 $120.95 $124.15 +392.45%
December, 2029 $123.27 $121.60 $124.42 +398.65%

Covenant Logistics Group Inc Stock (CVLG) Price Forecast for 2030

Covenant Logistics Group Inc Stock (CVLG) is expected to reach an average price of $142.15 in 2030, with a high forecast of $161.10 and a low forecast of $123.20. This signifies an +475.03% surge from the last price of $24.72.
Month Average Low High Change from today's price
January, 2030 $129.98 $123.20 $130.25 +425.81%
February, 2030 $132.42 $130.48 $134.41 +435.66%
March, 2030 $140.16 $132.87 $141.48 +466.99%
April, 2030 $143.54 $140.40 $149.30 +480.68%
May, 2030 $143.51 $142.91 $148.13 +480.53%
June, 2030 $145.11 $142.95 $145.22 +487.03%
July, 2030 $145.24 $144.31 $149.18 +487.53%
August, 2030 $149.40 $145.65 $149.56 +504.37%
September, 2030 $151.39 $148.02 $152.31 +512.40%
October, 2030 $151.31 $151.15 $155.54 +512.09%
November, 2030 $157.62 $150.59 $158.26 +537.64%
December, 2030 $160.57 $156.32 $161.10 +549.55%
$12.42
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$83.56
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$32.25
price down icon 1.68%
trucking RXO
$13.69
price down icon 4.73%
$27.92
price down icon 2.24%
$107.40
price down icon 0.98%
Cap:     |  Volume (24h):