Oscars: All Eyes on February Where DGA, PGA and ‘Sinners’ Could Shape the Awards Race

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HAMNET, Emily Watson, 2025. © Focus Features / courtesy Everett Collection ©Focus Features/Courtesy Everett Collection

Oscars Commentary (Updated: Jan. 29, 2026): February is where the big moves happen.

This year’s Directors Guild of America (DGA) Awards ceremony — set for Saturday, Feb. 8 — lands just 10 days after the Oscar nominations were announced on Jan. 22, and notably 19 days before the Producers Guild of America (PGA) Awards on Feb. 28. The Oscars, meanwhile, will close out the season on Sunday, Mar. 15.

In between, the Winter Olympics kick off in Milan on Feb. 7, providing a global distraction and adding another wrinkle to a compressed awards calendar. Hosting duties for the 78th annual DGA ceremony will be handled by comedian and actor Kumail Nanjiani.

The DGA voting period closes Friday, Feb. 7, just one day before the awards. That proximity to the nomination announcement makes this DGA event particularly influential.

Few films are arriving at Phase Two with more momentum than Warner Bros.’ “Sinners,” which scored a historic 16 Oscar nominations, the most of any film this year. The vampire-tinged period drama earned nods for best picture, original screenplay and directing — each attributed to Ryan Coogler, who made history with his triple nomination.

Coogler’s chances to win at the DGA and beyond appear strong. The DGA has predicted the Oscar winner for best director in all but eight instances since its inception:

  • 1968 – Anthony Harvey, “The Lion in Winter”; Oscar: Carol Reed, “Oliver!”
  • 1972 – Francis Ford Coppola, “The Godfather”; Oscar: Bob Fosse, “Cabaret”
  • 1985 – Steven Spielberg, “The Color Purple”; not nominated for the Oscar
  • 1995 – Ron Howard, “Apollo 13”; not nominated for the Oscar
  • 2000 – Ang Lee, “Crouching Tiger, Hidden Dragon”; Oscar: Steven Soderbergh, “Traffic”
  • 2002 – Rob Marshall, “Chicago”; Oscar: Roman Polanski, “The Pianist”
  • 2012 – Ben Affleck, “Argo”; not nominated for the Oscar
  • 2019 – Sam Mendes, “1917”; Oscar: Bong Joon-ho, “Parasite”

Last year, Sean Baker won the DGA’s top honor for his work on “Anora.”

The PGA, which announced its nominees on Jan. 9, concludes final voting on Tuesday, Feb. 3, ahead of its Feb. 28 ceremony. That timing means voters at both the DGA and PGA will be casting ballots during a narrow window, and just days after nominations, and before Oscar narratives fully harden.

Meanwhile, Netflix continues to show strong awards traction with two best picture nominees: “Frankenstein”, directed by Guillermo del Toro, and “Train Dreams”, which earned nods for cinematography, screenplay and song.

The DGA is often viewed as the most predictive guild, especially in the best director category. Should Coogler win for “Sinners,” it would position him as the clear favorite heading into the final stretch. But intense competition remains from Zhao (“Hamnet”), Josh Safdie (“Marty Supreme”), Anderson (“One Battle After Another”) and Joachim Trier (“Sentimental Value”).

Projected winner leaders (films): “Sinners” (6), “One Battle After Another” (3), “F1,” “Frankenstein” and “Sentimental Value” (2)

Projected winner leaders (studios): Warner Bros. (9), Netflix (4), Apple (2), Neon (2)

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

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