The 94th annual Academy Awards are set for Sunday night in Los Angeles to celebrate the best films released in 2021.

The most coveted award of the night is Best Picture, which consists of 10 nominees. This year, it seems to be a competition between three films.

“Belfast,” “CODA,” “Don’t Look Up,” “Drive My Car,” “Dune,” “King Richard,” “Licorice Pizza,” “Nightmare Alley,” “The Power of the Dog,” and “West Side Story” have all received Oscar nominations for Best Picture.

Despite the number of candidates, the real competition appears to be between the Apple Original film "CODA," the Focus Features movie "Belfast," and Transmission Films' "The Power of the Dog."

“CODA” has earned a total of three Oscar nominations and has already picked up wins at the Screen Actors Guild Awards and the Critics’ Choice Awards.

Wins at those ceremonies and other award shows typically point to Academy Award victories, but the film could fall short when facing off against “Belfast.”

While any film could pick up a surprising win, past Best Picture awards have gone to films that have also received Oscar nominations for editing and directing.

Although “CODA” has not received those nominations, it appeared to be a crowd favorite throughout the award season pointing towards success on Sunday night.

Meanwhile, “Belfast” has received a total of 12 nominations, including one for best director. While the film failed to pick up any wins at the SAG Awards, the film won a Golden Globe and three Critics’ Choice Awards.

Netflix’s “The Power of the Dog” shouldn’t be completely disregarded. The film is tied with “Belfast” for 12 nominations and was also quite victorious throughout the award season. "The Power of the Dog" was praised for performances by Benedict Cumberbatch, Kirsten Dunst, Jesse Plemons, and Kodi Smit-McPhee.

However, “The Power of the Dog” did lose some popularity points after its nominated director, Jane Campion, compared herself to tennis players Venus and Serena Williams and appeared to diminish their accomplishments by saying the sisters didn’t have to compete against men.

Prediction for Best Picture: CODA

The 94th annual Academy Awards airs Sunday at 8 p.m. ET on ABC.

"The Power of the Dog" leads the Oscar nominations with 12
"The Power of the Dog" leads the Oscar nominations with 12 AFP / Mark RALSTON