Anne Hathaway’s acclaimed turn as Penelope in Christopher Nolan’s “The Odyssey” has established her as the clear frontrunner for a Best Supporting Actress nomination at the 2027 Oscars, with Samantha Morton’s standout scene as Circe also generating strong momentum for the same film. Penélope Cruz maintains dual-campaign potential through her roles in “The Invite” and “La Bola Negra,” aided by relaxed Academy rules on multiple nods in one category. Recent critics’ rankings and industry lists from October and November consistently place these performances at the top, reflecting “The Odyssey”’s critical and commercial dominance. Other contenders including Kate O’Flynn in “Tender Loving Care,” Tao Okamoto in “All of a Sudden,” and Sandra Hüller in “Project Hail Mary” round out early tracking. Guild nominations and precursor awards in the coming months will shape final voter sentiment ahead of the January 2027 announcement.