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Oscar Predictions 2027: Which Studios Have a Real Shot at the Title — and Who Wins the TIFF People’s Choice?

Oscar Predictions 2027: Which Studios Have a Real Shot at the Title — and Who Wins the TIFF People’s Choice?

Variety Awards Circuit section is the home for all awards news and related content throughout the year, featuring the following: the official predictions for the upcoming Oscars, Emmys, Grammys and Tony Awards ceremonies, curated by Variety chief awards editor Clayton Davis. The prediction pages reflect the current standings in the race and do not reflect personal preferences for any individual

Variety Awards Circuit section is the home for all awards news and related content throughout the year, featuring the following: the official predictions for the upcoming Oscars, Emmys, Grammys and Tony Awards ceremonies, curated by Variety chief awards editor Clayton Davis. The prediction pages reflect the current standings in the race and do not reflect personal preferences for any individual contender. As other formal (and informal) polls suggest, competitions are fluid and subject to change based on buzz and events. Predictions are updated every Thursday.

Steve Buscemi and Sam Rockwell in Wild Horse Nine. Photo by Searchlight Pictures/Diego Araya Corvalán, courtesy of Searchlight Pictures. © 2026 Searchlight Pictures. All rights reserved.

Searchlight Pictures


2027 Academy Awards Predictions Commentary All Categories (Updated: Sept. 17, 2026): TIFF’s sought-after People’s Choice Award, which will be handed out Sept. 20 at the close of the Toronto International Film Festival, is not a critics’ prize and not an industry vote. It is what tells us are the true crowd-pleasers.

Over the past 16 years, 14 People’s Choice winners have landed best picture nominations and four of them, “Nomadland,” “Green Book,” “12 Years a Slave” and “The King’s Speech,” went the distance and won it all. Last year’s champion, Focus Features’ “Hamnet,” turned the trophy into eight Oscar nominations and a best actress win for Jessie Buckley.

Focus Features is defending its crown with “Elsinore,” the Andrew Scott and Olivia Colman drama that earned warm notices out of Telluride and reads as pure People’s Choice programming.

A24 is showing up with the deepest bench. Jesse Eisenberg’s “The Debut,” a warm and prickly comedy fresh off its Telluride bow, is exactly the kind of movie this award rewards and Jordan Firstman’s “Club Kid,” a Cannes discovery that somehow played even bigger on the fall circuit, gives the studio a second crowd-pleaser with genuine heat.

Netflix is making its clearest push in years with “La Bola Negra,” the queer epic from Spanish duo Javier Calvo and Javier Ambrossi that tied for best director at Cannes and big names like Penélope Cruz and Glenn Close. It is the front-runner for Toronto’s International People’s Choice Award and the streamer’s most credible best picture play.

Amazon MGM is also juggling a few contenders. Peter Farrelly’s “I Play Rocky,” the origin story of how Sylvester Stallone convinced Hollywood to let him play Rocky Balboa, drew sustained applause at its premiere. Newcomer Anthony Ippolito’s transformation is the talk of the fest. And Farrelly, lest anyone forget, made this exact walk once before when he directed “Green Book,” the 2018 People’s Choice winner that went on to best picture.

Apple Original Films brings a director who already owns this playbook. Siân Heder returns to Toronto with “Being Heumann,” the story of disability-rights icon Judy Heumann and the 28-day 1977 sit-in that reshaped American accessibility law. Heder converted festival goodwill into a best picture win once with “CODA.”

Searchlight Pictures holds the biggest name in the room in Martin McDonagh, whose “Wild Horse Nine” is a top-tier awards contender on paper.

Here’s where I land on the crowd prize itself. My top 10 picks for the TIFF People’s Choice Award:

  1. “The Debut” (A24)
    “La Bola Negra” (Netflix)
    “I Play Rocky” (Amazon MGM)
    “Being Heumann” (Apple Original Films)
    “Club Kid” (A24)
    “Elsinore” (Focus Features)
    “Possible Love” (Netflix)
    “Wild Horse Nine” (Searchlight Pictures)
    “Your Mother Your Mother Your Mother” (Amazon MGM)
    “Tangles” (Independent Film Company)

The Governors Awards, which will hand out honorary Oscars to Glenn Close and Ridley Scott, will take place Sunday, Nov. 15. Preliminary voting for the Oscars shortlist in 12 categories runs Dec. 7-11, with the shortlist announcement to follow Tuesday, Dec. 15. Following the close of the eligibility period on Dec. 31, 2026, nominations voting will run Jan. 11-15, 2027. The official Oscar nominations will be announced on Thursday, Jan. 21, 2027. The 99th Oscars will take place on Sunday, March 14, 2027 and will be hosted by Conan O’Brien. The ceremony airs live at 7 p.m. ET on ABC and in more than 200 territories worldwide from the Dolby Theatre at Ovation Hollywood.

Projected nomination leaders (films): TBA

Projected nomination leaders (studios): TBA

*** = PREDICTED WINNER
(All predicted nominees listed below are in alphabetical order)

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