Since we’re already halfway through the year, it’s a good time to look ahead to the next Oscars ceremony. Will one of the recently released movies take the top prizes, or will it be one that hasn’t yet hit our screens? The early indicators suggest a fascinating mixture of styles and stories will be leading the narrative this time.
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Wednesday, 12 August 2026
Who Are the Early Contenders for the Next Oscars?
The 99th Academy Awards ceremony is going to take place in Hollywood in March 2027, covering the films released in 2026. The Dolby Theatre is the expected venue, but before then, we can expect an intense campaign as the leading studios and agents make their pitches.
An interesting aspect of this event will be the predictions market. We can expect a lot of attention will be given to assessing the likelihood of specific people winning certain prizes based on the fact that the predictions market is already up and running in the US.
For instance, the Kalshi platform is available in many states, and, looking at the Kalshi promotional details, they're keen to monetise hype well in advance of large events such as the Oscars, with welcome offers already on the table for new users.
While many people associate these platforms with sports games, they also offer the chance to trade on entertainment industry outcomes such as the recipients of the awards. This means that we can follow the markets to see the probability of each outcome fluctuate over time.
The recent release of The Odyssey starring Matt Damon, Tom Holland, and Anne Hathaway has added a major favourite to the list. There have been criticisms of historical inaccuracies and the fact that the director, Christopher Nolan, has changed some aspects of the story. However, this glowing review on the Roger Ebert site confirms the reasons why The Odyssey is still likely to be among the leading contenders next March.
Project Hail Mary is another hugely discussed 2026 release that has had a major impact. Starring Ryan Gosling as a teacher who is sent into space to carry out a daring mission, it has received mixed reviews. Gosling’s strong performance keeps the movie ticking along nicely, although some reviews point out that the plot is a little bit too obvious at points.
As for the upcoming movies that could make it into the list of favourites, Digger is a black comedy by Alejandro G. Iñárritu, while Wild Horse Nine by Martin McDonagh is set for its international debut at the Venice International Film Festival in September. Dune: Part 3 is the final part in this sci-fi series and is set to be released in mid-December.
Some of the names mentioned earlier are likely to be nominated in the Best Actor or Best Actress categories. Damon’s outstanding performance as Odysseus has made him an early favourite, while Gosling’s likeable turn in Project Hail Mary should earn him a place on the list. As for actresses, Julianne Moore in The Debut and Renate Reinsve in Fjord are among the early contenders being discussed.
Looking ahead to the next Oscars ceremony gives us another reason to enjoy the latest movies while we watch them and assess their impact. Keep an eye on changes in the market sentiment as new films are released and public opinion is swayed by the latest performances.