Markets are pricing in a major reshuffling of next year's Oscar race as 'Coward' surged from 27¢ to 91¢ for Best International Feature nominations. Lukas Dhont's war drama about a young Belgian soldier in 1916 is being positioned among top contenders for the 2027 ceremony. The dramatic swing suggests new intelligence about the film's festival prospects or quality. Meanwhile, Sandra Hüller's Best Actress odds collapsed from 71¢ to 15¢, possibly reflecting competition concerns. The Academy's new rules allowing festival winners to qualify independently of country submissions has created more pathways for international films like 'Coward' to gain recognition.