In this article, we will discuss the 5 Best Transport Infrastructure Stocks to Buy for 2026. For deeper discussion and analysis, read Best Transport Infrastructure Stocks to Buy for 2026.
5. Granite Construction Incorporated (NYSE:GVA)
Upside Potential: 17.89%
On April 30, Granite Construction Incorporated (NYSE:GVA) reported Q1 revenue of $912 million, significantly exceeding consensus estimates of $782.26 million. CEO Kyle Larkin highlighted a strong start to the year across both construction and materials segments, with construction activity driving the company’s Contract Award Pipeline (CAP) to a record $7.2 billion. The materials segment also delivered solid performance, while the company continues to actively pursue M&A opportunities with expectations to complete several acquisitions during the year. Supported by Q1 results and recent project wins—including tactical infrastructure work for U.S. Customs and Border Protection and the acquisition of Kenny Seng Construction—Granite raised its FY26 guidance, signaling expectations for meaningful growth in 2026 and continued momentum into 2027.
On April 1, Granite Construction Incorporated (NYSE:GVA) announced it had been awarded the Segment 4E North of the Highway 101 Carpinteria to Santa Barbara Construction Manager/General Contractor project by the California Department of Transportation (Caltrans). Granite will serve as the construction manager for the entire Phase 4 project, having previously secured Segment 4E South in 2024. The newly awarded contract is valued at approximately $114 million, further strengthening the company’s backlog and visibility into future revenues.
Granite Construction Incorporated (NYSE:GVA), founded in 1922 and headquartered in Watsonville, California, is a leading U.S. civil infrastructure contractor and construction materials producer, and stands among the best transport infrastructure stocks to buy for 2026. Through its vertically integrated materials business, such as supplying aggregates, asphalt, and ready-mix concrete, Granite supports both internal projects and external customers, reinforcing its role as a key contributor to transportation and water infrastructure development across the United States.
Strong earnings outperformance and a record project pipeline underscore Granite’s accelerating growth trajectory and improving operational leverage. Combined with a robust backlog of infrastructure contracts and continued expansion through acquisitions, the company is well-positioned to deliver sustained revenue growth and margin expansion.
4. Grupo Aeroportuario del Sureste, S. A. B. de C. V. (NYSE:ASR)
Upside Potential: 23.25%
On April 30, Pablo Monsivais of Barclays raised the firm’s price target on Grupo Aeroportuario del Sureste, S. A. B. de C. V. (NYSE:ASR) to MXN 603 from MXN 583 while maintaining an Equal Weight rating on the shares.
This happened after, on April 16, an analyst at Barclays raised the firm’s price target on Grupo Aeroportuario del Sureste, S. A. B. de C. V. (NYSE:ASR) to MXN 583 from MXN 565, again maintaining an Equal Weight rating on the shares.
Grupo Aeroportuario del Sureste, S. A. B. de C. V. (NYSE:ASR), founded in 1996 and headquartered in Mexico City, is a transportation infrastructure company that holds concessions to operate, maintain, and develop airport assets.
Steady passenger traffic growth, particularly in higher-growth regions such as Colombia, highlights the resilience and diversification of ASR’s operating footprint. Combined with supportive analyst coverage and stable concession-based revenue streams, the company is well-positioned to deliver consistent cash flows and long-term earnings visibility.
3. Parsons Corporation (NYSE:PSN)
Upside Potential: 36.86%
On May 4, Parsons Corporation (NYSE:PSN) announced a strategic partnership with Everywhere Communications to advance next-generation autonomous drone capabilities under a Small Business Innovation Research (SBIR) initiative. The collaboration focuses on enabling reliable drone operations in disconnected and austere environments, with Everywhere Communications introducing a resilient data transport layer powered by Iridium Communications Inc. This technology allows drones to operate autonomously while transmitting critical sensor data to operators and command systems, supporting beyond-line-of-sight operations, autonomous mission execution, scalable coordination, and collaborative drone functionality.
The same day, Parsons Corporation (NYSE:PSN) was awarded a contract by The Boring Company to provide professional services for the Dubai Loop project, an underground transportation initiative in Dubai, UAE. The 9-month contract represents new business for Parsons, under which it will act as delegated program manager, supporting design-build activities for the pilot phase. The company will deliver integrated services, including multidisciplinary reviews across civil, structural, mechanical, electrical, safety, and utility systems. In partnership with Dubai’s Roads and Transit Authority (RTA), the project aims to develop a multi-phase tunnel-based transport system designed to expand urban mobility and enhance connectivity.
Parsons Corporation (NYSE:PSN) founded in 1944 and headquartered in Chantilly, Virginia, is a technology-driven provider of defense, intelligence, and critical infrastructure solutions. The company plays a key role in transportation infrastructure through the design, engineering, and program management of complex projects such as roads, highways, bridges, tunnels, rail systems, and transit networks, while integrating intelligent transportation systems and digital technologies.
Parsons’ expansion into advanced autonomous technologies alongside high-value infrastructure contracts highlights its dual growth engines across defense innovation and global transport development. This diversified exposure, combined with strong positioning in next-generation mobility and smart infrastructure, supports a compelling long-term growth outlook for the company.
2. AECOM (NYSE:ACM)
Upside Potential: 50.19%
On April 27, AECOM (NYSE:ACM) was selected for a multiple-award environmental services contract by the U.S. Army Corps of Engineers (USACE), Baltimore District. The contract encompasses a broad range of environmental remediation services supporting both military and civilian programs, with coverage extending across the contiguous United States, as well as Hawaii, Alaska, and Puerto Rico.
Later that same day, Citigroup Inc. analyst Andrew Kaplowitz lowered the firm’s price target on AECOM (NYSE:ACM) to $130 from $131 while maintaining a Buy rating. The adjustment was made as part of a broader Q1 preview within the engineering and construction sector, with Citi expecting results to meet or exceed consensus estimates.
AECOM (NYSE:ACM), founded in 1990 and headquartered in Dallas, Texas, is a leading global infrastructure consulting firm providing a full suite of professional services, including planning, design, engineering, and construction management. The company plays a critical role in transportation infrastructure development by delivering complex projects such as highways, bridges, tunnels, rail systems, and aviation facilities for both public and private sector clients.
The award of a large-scale federal contract underscores AECOM’s strong positioning in government-backed infrastructure spending and enhances long-term revenue visibility. Coupled with positive analyst expectations for earnings performance, the company is well-positioned to sustain growth and deliver consistent returns.
1. FreightCar America, Inc. (NASDAQ:RAIL)
Upside Potential: 87.97%
On May 4, FreightCar America, Inc. (NASDAQ:RAIL) reaffirmed its FY26 adjusted EBITDA outlook of $41 million–$50 million and maintained its railcar delivery guidance of 4,000–4,500 units. CEO Nick Randall stated that the company remains focused on disciplined execution across its operational opportunities, with its tank car retrofit program progressing as planned and continued expansion expected in its aftermarket business. He added that a strong backlog, productivity enhancements, flexible manufacturing footprint, and a disciplined commercial strategy provide clear visibility into full-year expectations and support performance across varying market conditions.
The same day, FreightCar America, Inc. (NASDAQ:RAIL) reported Q1 revenue of $64.31 million, below the consensus estimate of $74.6 million. Management noted that results were in line with expectations given current industry conditions, while highlighting continued success in securing high-quality commercial opportunities, improving efficiencies, and expanding its aftermarket parts business. The company achieved its highest quarterly gross margin in over a decade, reflecting strong operational positioning. Randall also emphasized that aging fleets and deferred replacement cycles are driving pent-up demand across the industry, positioning FreightCar America to respond with scalable capacity and operational flexibility, while its full-service railcar offerings, including retrofits, conversions, and aftermarket services, support long-term growth.
FreightCar America, Inc. (NASDAQ:RAIL), founded in 1901 and headquartered in Chicago, Illinois, is a leading pure-play manufacturer of railroad freight cars, specializing in the design, construction, and repair of aluminum, steel, and hybrid railcars. The company plays a critical role in transport infrastructure by producing essential equipment such as hopper cars, gondolas, and flat cars used in the movement of bulk commodities, energy products, and intermodal freight.
Reaffirmed guidance alongside improving margins and a growing backlog highlights FreightCar America’s strengthening operational execution and earnings visibility. Coupled with rising replacement demand driven by aging railcar fleets, the company is well-positioned to capitalize on an industry upcycle and deliver sustained growth.
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