Covenant Logistics Group Inc (CVLG)

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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 $31.59, representing a +2.18% increase from the current price of $30.92. The highest analyst price target is $32.80, and the lowest is $30.39.

Note: Our forecast model does not currently account for dividend and stock split events. This means that our forecast may not be accurate for stocks that have recently experienced either of these events.

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 29.94 (-3.17% Upside)

Is Covenant Logistics Group Inc (CVLG) A Buy Now?

Oscillators

Name	Value	Action
RSI(14)	48.40	Neutral
STOCH(9,6)	32.16	Neutral
STOCHRSI(14)	100.00	Sell
MACD(12,26)	-1.08	Buy
ADX(14)	40.03	Buy
William %R	-45.68	Neutral
CCI(14)	62.60	Neutral

Buy: 2 · Sell: 1 · Neutral: 4Summary: Neutral

Moving Averages

Period	Simple	Exponential
MA10	29.50 Buy	29.89 Buy
MA20	30.71 Buy	30.63 Buy
MA50	32.92 Sell	32.77 Sell
MA100	37.42 Sell	34.23 Sell
MA200	34.02 Sell	33.03 Sell

Buy: 4 · Sell: 6 · Neutral: 0Summary: Sell

According to our latest analysis, CVLG could be considered a Moderate Sell, with 17 technical analysis indicators signaling 6 Buy signals, 7 signaling Sell signals and 4 Neutral signals. This might not be a good time to consider opening new positions on CVLG, as trading bearish markets can be challenging and may result in losses.

RSI (Relative Strength Index): The RSI(14) value of 48.40 indicates that CVLG is neither overbought nor oversold. It suggests a neutral sentiment in the short term.
STOCH (Stochastic Oscillator): The STOCH value of 32.16 indicates that CVLG is neither overbought nor oversold. It indicates a balanced market sentiment without any extreme buying or selling pressure.
STOCHRSI (Stochastic Relative Strength Index): The STOCHRSI value of 100.00 indicates that CVLG is overbought. This suggests that CVLG price is at or near the highest level relative to its recent price history.
ADX (Average Directional Index): The ADX value of 40.03 suggests an extremely strong trend in the market. Such high values are relatively rare and indicate a very robust directional movement.
CCI (Commodity Channel Index): A CCI(14) value of 62.60 indicates that CVLG is still overbought but not to an extreme extent.

Long-term CVLG price forecast for 2026, 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 $39.95 by 2030, $64.51 by 2040 and $87.49 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 $52.02 in 2035, with a high prediction of $52.66 and a low estimate of $41.21. This indicates an +68.24% change from the last recorded price of $30.92.
Covenant Logistics Group Inc (CVLG) stock is projected to chart a bullish course in 2040, with an average price target of $63.98, representing an +106.92% change from its current level. The forecast ranges from a conservative $53.09 to a sky-high $64.51.
Our analysts predict Covenant Logistics Group Inc (CVLG) to change +135.89% by 2045, soaring from $64.96 to an average price of $72.94, potentially reaching $75.31. While $64.96 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 $85.24, a +175.69% change from its current level. However, a wide range of estimates exists, with high and low targets of $87.49 and $76.84, 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 $33.08. Estimates vary from a peak of $49.88 to a trough of $21.74, indicating an +6.97% surge from the present price of $30.92.

Month	Average	Low	High	Change from today's price
November, 2026	$30.84	$30.39	$32.80	-0.25%
December, 2026	$32.06	$30.42	$32.80	+3.69%

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 $30.52, with a high forecast of $36.48 and a low forecast of $23.40. This indicates an -1.28% decrease from the last price of $30.92.

Month	Average	Low	High	Change from today's price
January, 2027	$31.13	$30.26	$32.93	+0.67%
February, 2027	$34.63	$30.83	$36.48	+12.01%
March, 2027	$32.95	$32.37	$35.87	+6.57%
April, 2027	$32.08	$31.93	$34.14	+3.75%
May, 2027	$32.75	$31.76	$35.30	+5.93%
June, 2027	$28.81	$28.55	$33.21	-6.82%
July, 2027	$25.78	$24.72	$29.23	-16.63%
August, 2027	$26.86	$23.40	$27.07	-13.14%
September, 2027	$28.70	$26.25	$29.57	-7.17%
October, 2027	$30.33	$28.24	$30.75	-1.91%
November, 2027	$32.30	$29.52	$32.70	+4.45%
December, 2027	$29.95	$28.72	$32.36	-3.12%

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 $35.11, with a high projection of $53.84 and a low estimate of $24.26. This indicates an +13.54% rise from the last price of $30.92.

Month	Average	Low	High	Change from today's price
January, 2028	$28.34	$28.34	$31.37	-8.34%
February, 2028	$26.75	$26.57	$28.66	-13.49%
March, 2028	$25.83	$25.33	$28.26	-16.48%
April, 2028	$28.00	$24.26	$28.45	-9.43%
May, 2028	$28.63	$27.75	$29.97	-7.41%
June, 2028	$30.97	$28.51	$33.59	+0.15%
July, 2028	$32.72	$31.11	$36.85	+5.83%
August, 2028	$33.60	$30.84	$34.41	+8.67%
September, 2028	$40.56	$33.42	$40.65	+31.17%
October, 2028	$43.94	$37.39	$44.53	+42.12%
November, 2028	$49.20	$44.17	$53.64	+59.13%
December, 2028	$52.72	$48.89	$53.84	+70.50%

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

The 2029 price forecast for Covenant Logistics Group Inc Stock (CVLG) is $38.66 on average, with a high prediction of $56.51 and a low estimate of $34.43. This represents an +25.04% increase from the previous price of $30.92.

Month	Average	Low	High	Change from today's price
January, 2029	$41.56	$39.64	$56.51	+34.40%
February, 2029	$41.74	$39.82	$42.81	+35.00%
March, 2029	$39.05	$38.85	$43.35	+26.30%
April, 2029	$37.70	$35.11	$40.95	+21.92%
May, 2029	$37.52	$35.96	$38.39	+21.35%
June, 2029	$37.63	$36.03	$38.43	+21.70%
July, 2029	$36.80	$35.94	$38.60	+19.03%
August, 2029	$40.35	$36.54	$42.20	+30.49%
September, 2029	$40.45	$39.47	$41.62	+30.83%
October, 2029	$37.88	$37.73	$40.63	+22.50%
November, 2029	$38.57	$37.56	$41.12	+24.74%
December, 2029	$34.69	$34.43	$39.07	+12.21%

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

Covenant Logistics Group Inc Stock (CVLG) is expected to reach an average price of $34.39 in 2030, with a high forecast of $39.95 and a low forecast of $29.34. This signifies an +11.22% surge from the last price of $30.92.

Month	Average	Low	High	Change from today's price
January, 2030	$31.70	$30.64	$35.12	+2.52%
February, 2030	$31.81	$29.34	$32.77	+2.89%
March, 2030	$33.99	$31.61	$35.56	+9.92%
April, 2030	$36.37	$34.26	$36.79	+17.63%
May, 2030	$35.71	$35.60	$38.49	+15.48%
June, 2030	$35.34	$35.32	$38.79	+14.30%
July, 2030	$35.36	$34.85	$37.51	+14.37%
August, 2030	$34.03	$33.17	$36.09	+10.05%
September, 2030	$32.07	$31.57	$34.52	+3.72%
October, 2030	$34.29	$30.53	$34.74	+10.89%
November, 2030	$34.68	$34.04	$36.27	+12.16%
December, 2030	$37.33	$34.40	$39.95	+20.74%

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