14 Cheap Transportation Stocks to Buy According to Analysts

2. Copa Holdings, S.A. (NYSE:CPA)

Price-to-Earnings Ratio: 6.95     

Upside Potential: 40.27%

Trading at a low P/E multiple with potential upside for investors, Copa Holdings, S.A. (NYSE:CPA) is among the 14 Cheap Transportation Stocks to Buy According to Analysts.

For June 2025, Copa Holdings, S.A. (NYSE:CPA) reported experiencing strong traffic, driven by continued demand for air travel across its network. The company reported a higher passenger volume with its Revenue Passenger Miles (RPM), a critical measure of airline traffic, increasing by 6.3% on a YoY basis.

Copa Holdings, S.A. (NYSE:CPA) expanded its Available Seat Miles (ASM), a measure of the passenger-carrying capacity, by 5.3% from June 2024 to cater to the growing demand. Most importantly, traffic growth surpassed capacity expansion, improving the airline’s load factor – a measure of how full flights are. The load factor increased to 87.5% in June 2025 from 86.6% in the previous year.

This performance of the company boosts investors’ confidence in CPA’s operational strength and continued post-pandemic travel recovery momentum. Analysts are bullish on the stock, with Citi and UBS setting their price targets at $159 and $180, respectively.

Copa Holdings, S.A. (NYSE:CPA), a Panama-based airline holding company, owns two airlines: Panama-based Copa Airlines and Colombia-based AeroRepública. It is on the list of cheap transportation stocks.