This awards season, we celebrate the outstanding talent that has impacted the world of film over the last year. Here are a few of our 2017 Oscar Predictions.

2017 Oscar Predictions: ‘La La Land’ in the Lead

The awards-season grand finale is right around the corner with the 89th Academy Awards on Feb. 26, 2017! For those who are fortunate to have their pulse on Hollywood, as reported by the many celebrity and entertainment magazines we support, the buzz is especially exciting around awards season. While you can read the complete list of 2017 Oscar nominees, we’ve also made a few of our own predictions.

Vanity Fair Cover

The 2017 Vanity Fair Hollywood Portfolio. Photo by Annie Leibovitz. Styled by Jessica Diehl.

One of our favorite awards shows, the annual Academy Awards, brings together the crème de la crème of Hollywood’s elite—all meeting to honor the best actors, actresses (many of which are pictured above), producers, directors and their production teams who worked on the year’s most prestigious movies.

Best Dressed, Best Actress

As predictions are made regarding who will be best dressed on the red carpet, this year you’ll see such nominees for Best Actress in a Leading Role as Isabelle Huppert (Elle), Ruth Negga (Loving), Natalie Portman (Jackie), Emma Stone (La La Land) and Meryl Streep (Florence Foster Jenkins) competing for the limelight.

Based on last year’s red carpet hits and misses, we’re betting on a celebrity grudge match of sorts between the edgy yet glamorous Emma Stone, and Natalie Portman, taking her cue from the sophisticated style of First Lady Jacqueline Kennedy, both returning nominees for an Oscar. If Portman shows up wearing a sleek pulled-back hairdo and a classic strapless ball gown, based on pervious red carpet events, we’re betting Stone may win the modern fashionista’s approval instead, as she’s more likely to wear a stunning dress by Versace.

As for who will win Best Actress this year, there’s no doubt these ladies are on the A-list too. Some critics believe the odds are in favor of Portman, who won an Oscar in 2011 for Black Swan. However, Stone, who was nominated in 2015 as Best Supporting Actress in Birdman, is a close runner-up. Our bets are on Stone taking home an Oscar this year.

But no matter which leading lady wins, be sure to catch photos of the Red Carpet’s Best and Worst Dressed in Vanity Fair, InStyle, Vogue, Harpers BAZAAR and TV Guide after the festivities.

The Leading Men

In the category of nominees for Best Actor in a Leading Role, Casey Affleck (Manchester by the Sea), Andrew Garfield (Hacksaw Ridge), Ryan Gosling (La La Land), Viggo Mortensen (Captain Fantastic) and Denzel Washington (Fences) are competing for the title.

Bloggers and film critics believe the role of Best Actor will be a tight decision between Affleck and Washington. “While Affleck has delivered many fine performances, often supporting, and was nominated eight years ago for ‘The Assassination of Jesse James by the Coward Robert Ford,’ he has never taken on such a complex and emotional role.” [Source] On the other hand, Washington’s Hollywood street cred speaks for itself. He’s been nominated for seven Oscars and has won two, including Best Actor in a Leading Role for 2002’s Training Day and Best Actor in a Supporting Role for 1990’s Glory.

With Washington’s long film career having been a huge success and his recent film, Fences, riding a 2016 holiday box office surge, we predict he’ll win for 2017’s Best Actor in a Leading Role. The film, which also stars Viola Davis (The Help), focuses on the dramatic story of a working-class African-American father who once dreamt of a baseball career raising his family in the 1950s.

Contenders for Best Picture

The nominees for 2017 Best Picture are Arrival, Fences, Hacksaw Ridge, Hell or High Water, Hidden Figures, La La Land, Lion, Manchester by the Sea and Moonlight. As far as who will be recognized with a coveted Oscar for Best Picture this year, the consensus from leading film critics and reporters is that the romantic musical La La Land, which was recently awarded seven Golden Globes, will be the big winner—unlike last year’s Spotlight, which won the 2016 Oscar for Best Picture but lost the numbers game to fan favorite Mad Max: Fury Road, having won six total Oscars out of its 10 total nominations.

This year, La La Land tied the record with 1997’s Titanic and 1950’s All About Eve with an overwhelming 14 total Academy Award nominations. With that many nominations and the film’s recent Golden Globes recognition, as well, we have no doubt La La Land will be taking home the Oscar for Best Picture in 2017.

To see who actually wins, watch the 89th Academy Awards ceremony, presented by the Academy of Motion Picture Arts and Sciences and hosted by Jimmy Kimmel, on Sunday, February 26, 2017, starting at 7 p.m. Eastern/4 p.m. Pacific on ABC.

In the meantime, subscribe to get a behind-the-scenes view of the festivities in PEOPLE, Us Weekly, Entertainment Weekly and InTouch Weekly!

What are your 2017 Oscar Predictions? Share your thoughts below!