The 69-year-old actor nabbed the Best Supporting Actor honor for his reprised role as Rocky Balboa in Creed at the Critics' Choice Awards in Santa Monica, California, on Sunday, proving he could be well on his way to winning his first ever Oscar next month.
"I am truly amazed, I did not expect this tonight, I swear to you from the bottom of my heart," he said in his acceptance speech. "There's so many great supporting actors. They're all great actors. I'm kind of late to this party, and I’m very, very appreciative of it, really."
And after his gaffe at the Golden Globes earlier this month where he left out several key members of the Creed team, he definitely remembered to thank his director and co-stars!
"Before I get into any more trouble, I just want to say thank you to my director [Ryan Coogler], he really is a genius, I mean it," he said. "He made it all happen. As you know as actors, they create the environment and they just set the mood."
"Michael B. Jordan, you're a great, great talent and you're here for a long, long time," he continued. "Really great. Tessa Thompson, brilliant. Again, this is a young woman with a great, great career."
"I don't know what more to say other than critics are important," he said in conclusion. "I never used to understand critics. I thought, 'Uh God, that sounds like my parents, 'No, No.' But actually I've realized, they're being very, very instructive, and when I go back and read the reviews years later, I go, 'God, they were right.'"
At the Golden Globes, Stallone received a standing ovation when it was announced he had won Best Supporting Actor -- his first win at the show ever -- noting in his acceptance speech that the last time he was at the show was in 1977 when he was nominated for the original Rocky film.