14 Cheap Transportation Stocks to Buy According to Analysts

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11. ArcBest Corporation (NASDAQ:ARCB)

Price-to-Earnings Ratio: 16.08

Upside Potential: 6.21%

With a low P/E multiple and potential upside for investors, ArcBest Corporation (NASDAQ:ARCB) is among the 14 Cheap Transportation Stocks to Buy According to Analysts.

On July 17, 2025, BofA increased its price target on ArcBest Corporation (NASDAQ:ARCB) from $74 to $86, maintaining a ‘Neutral’ rating. The analysts at BofA cited the upcoming leadership change of the company as a critical driver of its future outlook.

Judy McReynolds, CEO of ArcBest Corporation (NASDAQ:ARCB), is set to retire, effective December 31, 2025, having served the company as the CEO since 2010. Seth Runser, ARCB’s President, who has been with the company for the past 18 years, leading the company’s LTL subsidiary, is set to succeed McReynolds.

ArcBest Corporation (NASDAQ:ARCB) is an integrated logistics company, offering ground, air, and ocean transportation services. It is on the list of cheap transportation stocks.

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