The NHL is down to the final four, and two rounds remain before a team gets to lift the Stanley Cup.

The No. 1 overall Colorado Avalanche will take on the Vegas Golden Knights in the Western Conference finals, starting on Wednesday, May 20, and the Carolina Hurricanes are facing the Montreal Canadiens the following day in the Eastern Conference finals.

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How do the teams rank heading into what are sure to be intriguing series? USA TODAY Sports offers power rankings of the four conference finals teams, plus two Conn Smythe candidates per team in the race for playoff MVP.

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NHL awards finalists: Who’s up for 2025-26 regular season awards?

The NHL is announcing the finalists for the Hart Trophy and the other major awards. Here’s who is in the running (listed alphabetically):

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NHL awards finalists: Who’s up for 2025-26 regular season awards?

The NHL is announcing the finalists for the Hart Trophy and the other major awards. Here’s who is in the running (listed alphabetically):

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NHL awards finalists: Who’s up for 2025-26 regular season awards?

Jack Adams Award (coach) finalist: Tampa Bay Lightning’s Jon Cooper

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NHL awards finalists: Who’s up for 2025-26 regular season awards?

Jack Adams finalist: Pittsburgh Penguins’ Dan Muse

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NHL awards finalists: Who’s up for 2025-26 regular season awards?

Jack Adams finalist: Buffalo Sabres’ Lindy Ruff

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NHL awards finalists: Who’s up for 2025-26 regular season awards?

Vezina Trophy (goaltender) New York Islanders’ Ilya Sorokin

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NHL awards finalists: Who’s up for 2025-26 regular season awards?

Vezina finalist: Boston Bruins’ Jeremy Swayman

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NHL awards finalists: Who’s up for 2025-26 regular season awards?

Vezina finalist: Tampa Bay Lightning’s Andrei Vasilevskiy

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NHL awards finalists: Who’s up for 2025-26 regular season awards?

Lady Byng Trophy (sportsmanship) finalist: Montreal Canadiens right wing Cole Caufield

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NHL awards finalists: Who’s up for 2025-26 regular season awards?

Lady Byng finalist: Los Angeles Kings’ Anze Kopitar.

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NHL awards finalists: Who’s up for 2025-26 regular season awards?

Lady Byng finalist: Ottawa Senators defenseman Jake Sanderson

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NHL awards finalists: Who’s up for 2025-26 regular season awards?

Ted Lindsay Award (most outstanding player) finalist: San Jose Sharks center Macklin Celebrini

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NHL awards finalists: Who’s up for 2025-26 regular season awards?

Ted Lindsay finalist: Tampa Bay Lightning forward Nikita Kucherov

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NHL awards finalists: Who’s up for 2025-26 regular season awards?

Ted Lindsay finalist: Edmonton Oilers center Connor McDavid

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NHL awards finalists: Who’s up for 2025-26 regular season awards?

Masterton Trophy (perseverance) nominee: Anaheim Ducks goaltender Ville Husso

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NHL awards finalists: Who’s up for 2025-26 regular season awards?

Masterton nominee: Boston Bruins defenseman Charlie McAvoy

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NHL awards finalists: Who’s up for 2025-26 regular season awards?

Masterton nominee: Buffalo Sabres defenseman Rasmus Dahlin

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NHL awards finalists: Who’s up for 2025-26 regular season awards?

Masterton nominee: Calgary Flames goaltender Devin Cooley

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NHL awards finalists: Who’s up for 2025-26 regular season awards?

Masterton nominee: Carolina Hurricanes left wing Taylor Hall

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NHL awards finalists: Who’s up for 2025-26 regular season awards?

Masterton nominee: Chicago Blackhawks goaltender Spencer Knight

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NHL awards finalists: Who’s up for 2025-26 regular season awards?

Masterton nominee: Colorado Avalanche left wing Gabriel Landeskog

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NHL awards finalists: Who’s up for 2025-26 regular season awards?

Masterton nominee: Columbus Blue Jackets center Boone Jenner

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NHL awards finalists: Who’s up for 2025-26 regular season awards?

Masterton nominee: Dallas Stars left wing Jamie Benn

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NHL awards finalists: Who’s up for 2025-26 regular season awards?

Masterton nominee: Detroit Red Wings right wing Dominik Shine

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NHL awards finalists: Who’s up for 2025-26 regular season awards?

Masterton nominee: Edmonton Oilers goalie Connor Ingram

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NHL awards finalists: Who’s up for 2025-26 regular season awards?

Masterton nominee: Florida Panthers left wing Brad Marchand

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NHL awards finalists: Who’s up for 2025-26 regular season awards?

Masterton nominee: Los Angeles Kings center Anze Kopitar

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NHL awards finalists: Who’s up for 2025-26 regular season awards?

Masterton nominee: Minnesota Wild goaltender Jesper Wallstedt

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NHL awards finalists: Who’s up for 2025-26 regular season awards?

Masterton nominee: Montreal Canadiens defenseman Mike Matheson

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NHL awards finalists: Who’s up for 2025-26 regular season awards?

Masterton nominee: Nashville Predators right wing Ozzy Wiesblatt

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NHL awards finalists: Who’s up for 2025-26 regular season awards?

Masterton nominee: New Jersey Devils defenseman Brenden Dillon

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NHL awards finalists: Who’s up for 2025-26 regular season awards?

Masterton nominee: New York Islanders center Kyle Palmieri

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NHL awards finalists: Who’s up for 2025-26 regular season awards?

Masterton nominee: New York Rangers defenseman Matthew Robertson

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NHL awards finalists: Who’s up for 2025-26 regular season awards?

Masterton nominee: Ottawa Senators goalie Linus Ullmark

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NHL awards finalists: Who’s up for 2025-26 regular season awards?

Masterton nominee: Philadelphia Flyers left wing Garrett Wilson

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NHL awards finalists: Who’s up for 2025-26 regular season awards?

Masterton nominee: Pittsburgh Penguins right wing Anthony Mantha

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NHL awards finalists: Who’s up for 2025-26 regular season awards?

Masterton nominee: St. Louis Blues goaltender Jordan Binnington

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NHL awards finalists: Who’s up for 2025-26 regular season awards?

Masterton nominee: San Jose Sharks goalie Laurent Brossoit

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NHL awards finalists: Who’s up for 2025-26 regular season awards?

Masterton nominee: Seattle Kraken right wing Jordan Eberle

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NHL awards finalists: Who’s up for 2025-26 regular season awards?

Masterton nominee: Tampa Bay Lightning defenseman Darren Raddysh

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NHL awards finalists: Who’s up for 2025-26 regular season awards?

Masterton nominee: Toronto Maple Leafs defenseman Oliver Ekman-Larsson

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NHL awards finalists: Who’s up for 2025-26 regular season awards?

Masterton nominee: Utah Mammoth right wing Clayton Keller

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NHL awards finalists: Who’s up for 2025-26 regular season awards?

Masterton nominee: Vancouver Canucks goalie Kevin Lankinen

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NHL awards finalists: Who’s up for 2025-26 regular season awards?

Masterton nominee: Vegas Golden Knights goaltender Akira Schmid

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NHL awards finalists: Who’s up for 2025-26 regular season awards?

Masterton nominee: Washington Capitals left wing Alex Ovechkin

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NHL awards finalists: Who’s up for 2025-26 regular season awards?

Masterton nominee: Winnipeg Jets center Jonathan Toews

4. Vegas Golden Knights

Mitch Marner is leading the playoffs in scoring, Pavel Dorofeyev is leading in goals and coach John Tortorella has Vegas playing the right way. But the Golden Knights’ next opponent, the Avalanche, is formidable and it will be hard to advance, especially with Mark Stone out.

Conn Smythe candidates: Marner, Dorofeyev

3. Montreal Canadiens

They’re more than an upstart team. They’re a 100-point team that beat two other 100-point teams. Top players Cole Caufield, Nick Suzuki and Ivan Demidov are getting going and Alex Newhook has seven goals, including two Game 7 winners.

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Conn Smythe candidates: Newhook, Jakub Dobes

2. Carolina Hurricanes

They have won eight in a row, the first team to sweep the first two series since the first round went to best of seven in 1987. Goalie Frederik Andersen has rediscovered his game and the line of Logan Stankoven, Taylor Hall and Jackson Blake has been dangerous. The Hurricanes haven’t made it to the Stanley Cup Final under coach Rod Brind’Amour. Is this the year?

Conn Smythe candidates: Andersen, Stankoven

1. Colorado Avalanche

They were the best team in the regular season and get the nod in the playoffs because they beat the high-powered Minnesota Wild in five games. Colorado was the best offensive and defensive team in the regular season and is averaging 4.11 goals per game in the playoffs. Cale Makar appears to be favoring his shoulder, which could hurt the Avalanche in the long run.

Conn Smythe candidates: Nathan MacKinnon, Scott Wedgewood

This article originally appeared on USA TODAY: NHL power rankings of the four conference finals teams