Academy of Science Fiction, Fantasy & Horror Films, USA (1994)

Saturn Award [Nominee]

Best Fantasy Film

Saturn Award [Nominee]

Best Actor

Arnold Schwarzenegger

Saturn Award [Nominee]

Best Performance by a Younger Actor

Austin O'Brien

Saturn Award [Nominee]

Best Director

John McTiernan

Saturn Award [Nominee]

Best Costumes

Gloria Gresham

Saturn Award [Nominee]

Best Special Effects

John E. Sullivan
Boss Film Studios
Fantasy II Film Effects
Visual Concept Engineering (VCE)
The Baer Animation Company Inc.

Saturn Award [Nominee]

Best Writing

Shane Black
David Arnott
Zak Penn
Adam Leff

Razzie Awards (1994)

Razzie Award [Nominee]

Worst Picture

Stephen J. Roth
John McTiernan

Razzie Award [Nominee]

Worst Actor

Arnold Schwarzenegger

Razzie Award [Nominee]

Worst Director

John McTiernan

Razzie Award [Nominee]

Worst Screenplay

Shane Black
David Arnott
Zak Penn
Adam Leff

Razzie Award [Nominee]

Worst New Star

Austin O'Brien

Razzie Award [Nominee]

Worst Original Song

Angus Young
Malcolm Young

The Stinkers Bad Movie Awards (1993)

Stinker Award [Nominee]

Worst Picture

Stephen J. Roth
John McTiernan

Stinker Award [Nominee]

Worst Actor

Arnold Schwarzenegger

Young Artist Awards (1994)

Young Artist Award [Nominee]

Best Youth Actor Leading Role in a Motion Picture Drama

Austin O'Brien