The 87th Academy Awards is over, but we’re still talking about the fashion. “Birdman” may have come out on top as best picture but there were still plenty of other winners – on the red carpet. Hollywood’s elite wore their finest to honor the biggest names in film, and we’re breaking down best and worst dressed of the night. Here are our top picks from the 2015 Oscars red carpet:

BEST DRESSED

Jennifer Aniston

Jennifer Aniston
Best Dressed: Jennifer Aniston in Versace. Reuters

Jennifer Aniston is a red carpet pro at this point. Although the "Cake" lead was snubbed in the best actress category, Aniston was the true star of the show when she presented an award wearing a flattering nude and sparkly Versace gown.

Jennifer Lopez

Jennifer Lopez
Best Dressed: Jennifer Lopez in Elie Saab. Reuters

Holy cleavage! Jennifer Lopez is the true “Benjamin Button.” The 45-year-old singer and actress never looked better on the red carpet. Lopez stunned in a nude tulle Elie Saab gown. She kept her hair simple, pulled back in a ponytail.

Margot Robbie

Margot Robbie
Best Dressed: Margot Robbie in Saint Laurent with Van Cleef & Arpels jewelry. Reuters

“Focus” star Margot Robbie knows how to turn heads on the red carpet. The 24-year-old Australian actress wowed in a black Saint Laurent dress while showing off a new hairstyle. To complement the gown’s plunging neckline, Robbie paired a gorgeous statement necklace from Van Cleef & Arpels. The necklace reportedly was created for the Duchess of Windsor “or something” in the 1930s.

Cate Blanchett

Cate Blanchett
Best Dressed: Cate Blanchett in Margiela by John Galliano. Reuters

Is black the most exciting color for the red carpet? No. But like Margot Robbie, Cate Blanchett pulled it off thanks to an awesome statement necklace. The Oscar presenter paired her Margiela by John Galliano dress with a turquoise beaded necklace. Flawless.

WORST DRESSED

Gwyneth Paltrow

Gwyneth Paltrow
Worst Dressed: Gwyneth Paltrow in Ralph & Russo. Reuters

Sorry, Gwyn. The Oscar presenter arrived in a Ralph & Russo gown, and although the pale pink color was extremely flattering, we didn't dig the '80s-esque flower power she had going on.

Anna Kendrick

Anna Kendrick
Worst Dressed: Anna Kendrick in Thakoon. Reuters

Yes, the Thakoon halter gown was pretty – but the color was not right for the red carpet event.

Reese Witherspoon

Reese Witherspoon
Worst Dressed: Reese Witherspoon in Tom Ford. Reuters

Reese Witherspoon is somebody who needs to be dripping in color. This Tom Ford dress was too boring.

Scarlett Johansson

Scarlett Johansson
Worst Dressed: Scarlett Johansson in Atelier Versace. Reuters

Scarlett Johansson’s Atelier Versace dress wasn’t bad -- but her necklace was. As Twitter users pointed out, it looked like she was covered in moss or getting ready to audition for the role of “Batman” villain Poison Ivy. Unfortunately, there was no way to escape the necklace because, according to People, it was part of the design.

Who do you think was the best and worst dressed on the red carpet? Tweet your thoughts to @AmandaTVScoop.