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AAON Overview

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$
0.000
0.000(0.000%)
At close
0.000(0.000%)Aft-market
ET
$
0.000
0.000(0.000%)
At close
0.000(0.000%)Aft-market
ET
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Intellectia

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High
142.950
Open
142.260
VWAP
140.35
Vol
1.04M
Mkt Cap
11.48B
Low
137.890
Amount
146.68M
EV/EBITDA(TTM)
48.50
Total Shares
81.91M
EV
12.09B
EV/OCF(TTM)
276.49
P/S(TTM)
7.31
AAON, Inc. provides HVAC solutions for commercial and industrial indoor environments. Its segments include AAON Oklahoma, AAON Coil Products, and BASX. The AAON Oklahoma segment engineers, manufactures, and sells configurable HVAC systems, designs and manufactures controls solutions, and sells aftermarket parts to customers through retail part stores and online. The AAON Coil Products segment engineers and manufactures and sells semi-custom and custom HVAC systems and heating and cooling coils for use in HVAC systems, primarily for AAON Oklahoma, AAON Coil Products, and BASX. BASX segment engineers, manufactures, and sells a range of custom, high-performance cooling solutions for the hyperscale data center market; ventilation solutions for cleanroom environments in the biopharmaceutical, semiconductor, medical, and agricultural sectors; and highly customized air handlers and modular solutions for a variety of markets. BASX operates from its manufacturing facilities in Redmond, Oregon.
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Events Timeline

(ET)
2026-05-07
12:10:00
Aaon Stock Rises 37.3% to $134.93
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2026-05-07
10:10:00
Aaon Stock Rises 40.6% to $138.21
select
2026-05-07
07:40:00
FY25 Revenue at $1.44B, FY26 Revenue Consensus at $1.72B
select
2026-05-07
07:40:00
Company Reports Q1 Revenue of $496.9M, Beating Expectations
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2026-04-02 (ET)
2026-04-02
08:10:00
Andy Cheung to Join Aaon as CFO on April 20
select
2026-03-02 (ET)
2026-03-02
07:11:00
AAON Reports Q4 Revenue of $424.2M, Beating Expectations
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2026-03-02
07:11:00
AAON Expects FY26 Sales Growth of 18%-20%
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News

NASDAQ.COM
2.0
05-29NASDAQ.COM
AAON Stock Trend Analysis and Investment Opportunities
  • Price Growth Trend: AAON's stock price has increased by 54% over the past 12 weeks, reflecting investors' sustained confidence in its potential upside, indicating strong demand in the air conditioning and heating equipment market.
  • Short-Term Trend Confirmation: The stock has seen a 52.5% price increase in the last four weeks, further confirming the sustainability of its price trend and reducing the risk of a short-term reversal.
  • Strong Fundamental Support: Currently, AAON holds a Zacks Rank of #1 (Strong Buy), placing it in the top 5% of over 4,000 ranked stocks, indicating favorable trends in earnings estimate revisions and EPS surprises that could drive price increases.
  • Optimistic Broker Recommendations: With an average broker recommendation of #1 (Strong Buy), analysts show high optimism regarding AAON's near-term price performance, further bolstering investor confidence in the stock.
seekingalpha
8.0
05-18seekingalpha
AAON Declares $0.10 Quarterly Dividend Amid Strong Growth Outlook
  • Quarterly Dividend Announcement: AAON has declared a quarterly dividend of $0.10 per share, consistent with previous distributions, indicating the company's stable cash flow and shareholder return strategy, which is likely to attract more investor interest.
  • Dividend Payment Timeline: The dividend will be payable on June 26, with a record date of June 5 and an ex-dividend date also on June 5, ensuring that existing shareholders can receive their earnings promptly, thereby enhancing shareholder confidence.
  • Sales Growth Target: AAON targets a sales growth of 18% to 20% in 2026, with gross margins reaching up to 31%, demonstrating the company's strong market competitiveness amid a booming demand for data centers.
  • Backlog Situation: The BASX backlog has hit $1.3 billion, reflecting robust demand for the company's offerings and future growth potential, further solidifying its leadership position in the industry.
Yahoo Finance
6.5
05-14Yahoo Finance
Risks and Opportunities of Overvalued Stocks
  • Teradyne's Growth Struggles: Teradyne (TER) has shown a muted annual revenue growth of only 3.4% over the past five years, indicating demand lagging behind semiconductor peers, with estimated sales growth slowing to 16.8% over the next 12 months, potentially impacting its market competitiveness.
  • AAON's Profitability Decline: AAON (AAON) has experienced an 18.7% annual decline in earnings per share over the last two years despite revenue growth, suggesting significantly lower profitability from incremental sales, while increasing cash burn raises concerns about long-term business health.
  • Nova's Strong Performance: Nova (NVMI) has achieved an impressive annual revenue growth of 30.4% over the past two years, indicating an increase in market share, with earnings per share compounding at 33.2% annually, showcasing superior profitability compared to peers.
  • Investment Opportunity Analysis: Nova's current stock price of $517.44 reflects a forward P/E ratio of 48.8x, and given its strong cash flow and growth potential, it may represent a high-quality investment opportunity for discerning investors.
Fool
9.5
05-08Fool
AAON Shares Surge 45% After Record Q1 Earnings Beat Expectations
  • Significant Earnings Growth: AAON's Q1 sales and earnings per share surged by 54% and 37%, respectively, far exceeding analyst expectations, indicating robust market demand and execution, which is likely to drive further stock price increases.
  • Revenue Outlook Raised: The company has raised its 2026 revenue growth outlook to between 40% and 45%, reflecting optimistic expectations for future markets, while core AAON-branded sales grew by 42%, enhancing competitive positioning.
  • Strong BASX Unit Performance: The BASX division reported a 72% sales increase to $135 million, with backlog growing by 160% to $2.1 billion, indicating strong demand from data centers and further solidifying AAON's industry position.
  • Acquisition Success: The $200 million acquisition of BASX is now a key growth driver for AAON, as the surge in AI computing demand makes its customizable HVAC solutions indispensable in the market.
Fool
9.5
05-07Fool
AAON Shares Surge 51.6% on Stellar Earnings Report
  • Earnings Beat Expectations: AAON reported quarterly revenue of $497 million, significantly exceeding the market expectation of $381 million, reflecting a robust 54% year-over-year growth that solidifies its position in the industrial HVAC sector.
  • Significant Profit Growth: The diluted earnings per share reached $0.48, surpassing the analyst expectation of $0.45, with a 37% year-over-year increase, indicating successful cost control and operational efficiency.
  • Record Backlog: AAON's backlog of unfilled orders has surged to $2.1 billion, more than double last year's figure, primarily driven by data center contracts, providing strong support for future revenue growth.
  • Manufacturing Capacity Expansion: Despite a dip in gross margins, AAON is actively expanding its manufacturing capacity to meet the rising demand for specialized cooling solutions in data centers, with the Basics segment expected to generate around $1 billion in revenue by 2026, reflecting the company's confidence in future growth.
CNBC
2.0
05-07CNBC
Midday Stock Movements of Major Companies
  • Planet Fitness Earnings Downgrade: Planet Fitness shares fell nearly 33% after the gym operator lowered its full-year earnings outlook, now projecting only a 4% year-over-year growth, down from a previous forecast of 9%-10%, which negatively impacts market confidence.
  • Vital Farms Surprise Loss: Vital Farms, the egg producer, dropped 20% following a surprise loss of 3 cents per share in Q1, against analyst expectations of a 6-cent profit, and the company also cut its full-year earnings outlook, indicating increasing industry pressures.
  • Datadog Exceeds Expectations: Datadog shares surged 28% after reporting Q1 earnings of 61 cents per share, surpassing the 51-cent consensus, with Q2 revenue guidance between $1.07 billion and $1.08 billion, reflecting strong market demand.
  • AAON Revenue Surge: AAON, the air conditioning and heating equipment manufacturer, saw its shares soar 40% after Q1 earnings, EBITDA, and revenue all exceeded Wall Street estimates, raising its full-year revenue guidance by as much as 45%, showcasing robust growth potential.
Wall Street analysts forecast AAON stock price to rise
5 Analyst Rating
Wall Street analysts forecast AAON stock price to rise
5 Buy
0 Hold
0 Sell
Strong Buy
Current: 0.000
sliders
Low
115.00
Averages
119.00
High
125.00
Current: 0.000
sliders
Low
115.00
Averages
119.00
High
125.00
Oppenheimer
Oppenheimer
Outperform
maintain
$118 -> $145
AI Analysis
2026-05-08
Reason
Oppenheimer
Oppenheimer
Price Target
$118 -> $145
AI Analysis
2026-05-08
maintain
Outperform
Reason
Oppenheimer raised the firm's price target on Aaon to $145 from $118 and keeps an Outperform rating on the shares. The firm notes shares traded up after Aaon soundly beat Q1 top/bottom line consensus and raised FY26 guidance, with revised sales/gross profit midpoints well above Street estimates. Oppenheimer raised FY26-27 estimates to reflect stronger growth trajectory, and anticipates sequential progress over our investment horizon on clearly identified levers for margin expansion.
Baird
Outperform
maintain
$125 -> $150
2026-05-08
Reason
Baird
Price Target
$125 -> $150
2026-05-08
maintain
Outperform
Reason
Baird raised the firm's price target on Aaon to $150 from $125 and keeps an Outperform rating on the shares. The firm updated its model following Q1 results.
Unlock Full Analyst Thesis, Get the complete breakdown of rating reason for AAON
Unlock Now

Valuation Metrics

The current forward P/E ratio for Aaon Inc (AAON.O) is 68.03, compared to its 5-year average forward P/E of 38.57. 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.
StronglyUndervaluedUndervaluedFairOvervaluedStronglyOvervalueddotted line Image
5Y Average PE
38.57
Current PE
68.03
Overvalued PE
48.29
Undervalued PE
28.84

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.
StronglyUndervaluedUndervaluedFairOvervaluedStronglyOvervalueddotted line Image
5Y Average EV/EBITDA
22.31
Current EV/EBITDA
36.59
Overvalued EV/EBITDA
27.30
Undervalued EV/EBITDA
17.32

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.
StronglyUndervaluedUndervaluedFairOvervaluedStronglyOvervalueddotted line Image
5Y Average PS
4.71
Current PS
5.01
Overvalued PS
5.83
Undervalued PS
3.60

Financials

AI Analysis
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Quarterly

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Whales Holding AAON

S
Senvest Management, LLC
Holding
AAON
+22.64%
3M Return
C
Ceredex Value Advisors LLC
Holding
AAON
+17.30%
3M Return
B
BOKF, National Association
Holding
AAON
+8.86%
3M Return
N
Nationwide Fund Advisors
Holding
AAON
+8.52%
3M Return
G
Granite Investment Partners, LLC
Holding
AAON
+6.10%
3M Return
A
American Capital Management, Inc.
Holding
AAON
+4.45%
3M Return

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Frequently Asked Questions

What is Aaon Inc (AAON) stock price today?

The current price of AAON is 140.2 USD — it has decreased -1.45

What is Aaon Inc (AAON)'s business?

AAON, Inc. provides HVAC solutions for commercial and industrial indoor environments. Its segments include AAON Oklahoma, AAON Coil Products, and BASX. The AAON Oklahoma segment engineers, manufactures, and sells configurable HVAC systems, designs and manufactures controls solutions, and sells aftermarket parts to customers through retail part stores and online. The AAON Coil Products segment engineers and manufactures and sells semi-custom and custom HVAC systems and heating and cooling coils for use in HVAC systems, primarily for AAON Oklahoma, AAON Coil Products, and BASX. BASX segment engineers, manufactures, and sells a range of custom, high-performance cooling solutions for the hyperscale data center market; ventilation solutions for cleanroom environments in the biopharmaceutical, semiconductor, medical, and agricultural sectors; and highly customized air handlers and modular solutions for a variety of markets. BASX operates from its manufacturing facilities in Redmond, Oregon.

What is the price predicton of AAON Stock?

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 is119.00 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.

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

Aaon Inc revenue for the last quarter amounts to 496.94M USD, increased 54.30

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

Aaon Inc. EPS for the last quarter amounts to 0.48 USD, increased 37.14

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

Aaon Inc (AAON) has 5897 emplpoyees as of May 31 2026.

What is Aaon Inc (AAON) market cap?

Today AAON has the market capitalization of 11.48B USD.