Covenant Logistics Group Inc

CVLG remains in Stage 2 advancing within a long-term uptrend and has pulled back into rising short-term EMAs, offering a favorable entry opportunity. Medium-term parabola-driven acceleration and rising EMAs support continued upside, so we favor buying the pullback near the 9/21 EMA zone while momentum remains intact.

• ↑Q1 2026 consolidated freight revenue up 15.9% YoY to $281.9M via effective asset integration
• ↑Dedicated segment expansion driving margin improvement; management targets double-digit adjusted margins
• ↓Q1 adjusted operating income fell 11.5% YoY to $9.6M, driven by margin compression in expedited services