AAON Stock: Price, Forecast, Financials & AI Analysis

High

Open

VWAP

Vol

Mkt Cap

Low

Amount

EV/EBITDA(TTM)

Total Shares

EV/OCF(TTM)

P/S(TTM)

Market Estimates

Earnings Estimates

Revenue

YoY Chg

EPS

YoYChg

FY2025Q4

FY2026Q1

FY2026Q2

374.10M

+25.66%

0.462

+54%

363.83M

+12.97%

0.438

+18.24%

385.95M

+23.87%

0.510

+131.82%

Estimates Revision

The market is revising Upward the revenue expectations for AAON, Inc. (AAON) for FY2025, with the revenue forecasts being adjusted by 3.09% over the past three months. During the same period, the stock price has changed by -19.12%.

Revenue Estimates for FY2025

Revise Upward

+3.09%

In Past 3 Month

EPS Estimates for FY2025

Revise Upward

+4.87%

In Past 3 Month

Stock Price

Go Down

-19.12%

In Past 3 Month

5 Analyst Rating

Wall Street analysts forecast AAON stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for AAON is 119.00 USD with a low forecast of 115.00 USD and a high forecast of 125.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.

5 Buy

0 Hold

0 Sell

Strong Buy

Current: 0.000

Low

115.00

Averages

119.00

High

125.00

Current: 0.000

Low

115.00

Averages

119.00

High

125.00

Baird

Timothy Wojs

maintain

$116 -> $125

2025-11-07

Reason

Baird

Timothy Wojs

Price Target

$116 -> $125

2025-11-07

maintain

Reason

Baird analyst Timothy Wojs raised the firm's price target on Aaon to $125 from $116 and keeps an Outperform rating on the shares. The firm updated its model following Q3 results which showed excellent BASX orders.

Oppenheimer

Noah Kaye

Outperform

maintain

$112 -> $115

2025-11-07

Reason

Oppenheimer

Noah Kaye

Price Target

$112 -> $115

2025-11-07

maintain

Outperform

Reason

Oppenheimer analyst Noah Kaye raised the firm's price target on Aaon to $115 from $112 and keeps an Outperform rating on the shares. The firm notes shares traded up Thursday after Aaon beat Q3 top-/bottom-line guidance and raised FY25 outlook, while reporting record backlog on data center strength.

Jehoshaphat Research

Jehoshaphat

Sell

initiated

2025-11-03

Reason

Jehoshaphat Research

Jehoshaphat

Price Target

2025-11-03

initiated

Sell

Reason

Jehoshaphat Research is short Aaon, "a manufacturer of HVAC products with easy to borrow stock and universal Buy ratings from the Street." In a recently published report, it says, "AAON's management would like investors to believe that the company's new data center cooling projects, the ones driving all its revenue growth, have gross margins in line with its corporate average. Based on our analysis, these projects have a far lower gross margin than that. Yet the Street is forecasting both rapid revenue growth in this area, and massive gross margin expansion at the total company level. Even if AAON were to meet its revenue growth expectations, it will miss on gross margins due to this mix shift alone." "We are short AAON and see greater than 30% downside to earnings versus consensus, as the revenue and margin catalysts play out. We further see a potential accounting restatement that should reset inflated revenues to something more accurate," Jehoshaphat adds. Reference Link

Oppenheimer

Noah Kaye

Outperform

maintain

$105 -> $112

2025-10-14

Reason

Oppenheimer

Noah Kaye

Price Target

$105 -> $112

2025-10-14

maintain

Outperform

Reason

Oppenheimer analyst Noah Kaye raised the firm's price target on Aaon to $112 from $105 and keeps an Outperform rating on the shares as part of a Q3 earnings preview for the industrial efficiency group. The stocks exposed to the artificial intelligence infrastructure buildout have outperformed, while names tied to residential and construction have lagged, the analyst tells investors in a research note. The firm expects fundamentals in Q3 to largely align with these trends.

Oppenheimer

Noah Kaye

Outperform

initiated

$105

2025-09-30

Reason

Oppenheimer

Noah Kaye

Price Target

$105

2025-09-30

initiated

Outperform

Reason

Oppenheimer analyst Noah Kaye assumed coverage of Aaon with an Outperform rating and $105 price target. The firm views Aaon as a differentiated innovator in the HVAC and data center thermal management sectors, with core competencies in flexible, solutions-based manufacturing, advanced R&D, and product quality and efficiency. Near term, Oppenheimer anticipates lapping operational changes and non-res market weakness to support improving results. Longer term, as the company doubles its data center footprint and executes on transformational growth initiatives in FY25-27, the firm sees it generating significant operating leverage with FY27 margins in the upper tier of our HVAC, Power and Industrial Efficiency coverage.

Baird

Timothy Wojs

Outperform -> Outperform

downgrade

$102 -> $98

2025-08-12

Reason

Baird

Timothy Wojs

Price Target

$102 -> $98

2025-08-12

downgrade

Outperform -> Outperform

Reason

Baird analyst Timothy Wojs lowered the firm's price target on Aaon to $98 from $102 and keeps an Outperform rating on the shares. The firm updated its model following Q2 results where the analyst believes the worst is behind.

Valuation Metrics

The current forward P/E ratio for Aaon Inc (AAON.O) is 40.62, compared to its 5-year average forward P/E of 38.40. For a more detailed relative valuation and DCF analysis to assess Aaon Inc 's fair value, click here.

Forward PE

The forward P/E ratio is a valuation metric that divides a company's current stock price by its estimated future earnings per share over the next 12 months.

5Y Average PE

38.40

Current PE

40.62

Overvalued PE

47.79

Undervalued PE

29.02

Forward EV/EBITDA

The forward EV/EBITDA ratio is a valuation metric that divides a company's enterprise value (EV) by its estimated future earnings before interest, taxes, depreciation, and amortization (EBITDA) over the next 12 months.

5Y Average EV/EBITDA

22.18

Current EV/EBITDA

21.73

Overvalued EV/EBITDA

26.96

Undervalued EV/EBITDA

17.40

Forward PS

The forward P/S ratio is a valuation metric that divides a company's current stock price by its estimated future sales (or revenue) per share over the next 12 months.

5Y Average PS

4.95

Current PS

4.19

Overvalued PS

6.19

Undervalued PS

3.71

Financials

Annual

Quarterly

N/A

Total Revenue

N/A

Operating Profit

N/A

Net Income after Tax

N/A

EPS - Diluted

N/A

Free Cash Flow

N/A

Gross Profit Margin - %

N/A

FCF Margin - %

N/A

Net Margin - %

N/A

ROIC

Trading Trends

Insider

Insiders areSelling! The selling amount has increased 320.41% over the last month.

Sold

Bought

Hedge Fund

Hedge Funds are Neutral. There are no significant trading trends over the last quarter.

Sold

Bought

Congress Trading

Congress are Neutral. There are no significant trading trends over the last month.

Sold

Bought

Insider

Insiders areSelling! The selling amount has increased 320.41% over the last month.

Sold

Bought

AAON News & Events

Events Timeline

No data

News

8.0

01-02NASDAQ.COM

AAON Sees Surge in Options Market Volatility, Signaling Potential Stock Movement

7.5

2025-12-29PRnewswire

AAON Increases Credit Facility to $600 Million to Support Growth

7.5

2025-12-29Newsfilter

AAON Increases Credit Facility to $600 Million to Support Growth

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Frequently Asked Questions

What is Aaon Inc (AAON) stock price today?

The current price of AAON is 81.87 USD — it has increased 2.58 % in the last trading day.

What is Aaon Inc (AAON)'s business?

AAON, Inc. provides heating, ventilation and air conditioning (HVAC) solutions for commercial, industrial and data center indoor environments. The Company's segments include AAON Oklahoma, AAON Coil Products and BASX. Its AAON Oklahoma segment engineers, manufactures and sells semi-custom and custom HVAC systems, designs and manufactures controls solutions, and sells aftermarket parts to customers through retail part stores and online. The Company's AAON Coil Products segment engineers and manufactures a selection of its semi-custom, and custom HVAC systems as well as a variety of heating and cooling coils to be used in HVAC systems. Its BASX segment engineers, manufactures, and sells an array of custom, high-performance cooling solutions for hyperscale data center market, ventilation solutions for cleanroom environments in the bio-pharmaceutical, semiconductor, medical and agriculture markets, and highly custom, air handlers and modular solutions for a vast array of markets.

What is the price predicton of AAON Stock?

What is Aaon Inc (AAON)'s revenue for the last quarter?

Aaon Inc revenue for the last quarter amounts to 384.24M USD, increased 17.41 % YoY.

What is Aaon Inc (AAON)'s earnings per share (EPS) for the last quarter?

Aaon Inc. EPS for the last quarter amounts to 0.37 USD, decreased -41.27 % YoY.

What changes have occurred in the market's expectations for Aaon Inc (AAON)'s fundamentals?

How many employees does Aaon Inc (AAON). have?

Aaon Inc (AAON) has 4812 emplpoyees as of January 09 2026.

What is Aaon Inc (AAON) market cap?

Today AAON has the market capitalization of 6.52B USD.