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AAON Stock Chart & Stats
$102.67
-$5.01(-4.65%)
At close: 4:00 PM EDT
$102.67
-$5.01(-4.65%)
Day’s Range― - ―
52-Week Range$73.19 - $150.46
Previous CloseN/A
Volume913.18K
Average Volume (3M)945.42K
Market Cap
$7.03B
Enterprise Value$11.09K
Total Cash (Recent Filing)$13.00K
Total Debt (Recent Filing)$463.87M
Price to Earnings (P/E)45.0
Beta1.66
Next Earnings
Nov 09, 2026EPS Estimate
0.56Next Dividend Ex-DateN/A
Dividend Yield0.46%
Share Statistics
EPS (TTM)1.95
Shares Outstanding82,453,636
10 Day Avg. Volume1,019,669
30 Day Avg. Volume945,416
Financial Highlights & Ratios
PEG Ratio-1.59
Price to Book (P/B)6.95
Price to Sales (P/S)4.31
P/FCF Ratio-32.48
Enterprise Value/Market Cap<0.01
Enterprise Value/Revenue<0.01
Enterprise Value/Gross Profit<0.01
Enterprise Value/Ebitda<0.01
Forecast
1Y Price Target
$130.00Price Target Upside26.62% Upside
Rating ConsensusStrong Buy
Number of Analyst Covering4
EPS Forecast (FY)2.27
Revenue Forecast (FY)$2.08B
Bulls Say, Bears Say
Bulls Say
Backlog And Demand VisibilityA backlog roughly twice the prior year gives multi-quarter revenue visibility, supporting steadier production scheduling and utilization. That reduces demand risk as AAON scales capacity, enabling more predictable conversion of orders into cash and improving medium-term operational planning.
BASX (data Center) Momentum And MarginsExceptional BASX growth with above-average gross margins reflects structural exposure to data center cooling demand. Higher-margin, mission-critical products diversify revenue, raise blended profitability potential, and align with secular electrification and efficiency trends that can sustain superior long-term margins.
Capacity Expansion And ExecutionManagement raised FY26 guidance and cites faster Memphis ramp and higher throughput, indicating effective scaling of manufacturing. Improved facility utilization spreads fixed costs, enabling durable margin and cash-flow improvement as production normalizes and backlog converts into revenue.
Bears Say
Weak Free Cash FlowSustained negative free cash flow despite revenue growth signals weak cash conversion and elevated working capital or investment intensity. That limits internal funding for capex, debt paydown or buybacks and increases reliance on external financing, constraining long-term financial flexibility.
Margin Compression From Ramp/mixMargins have reset materially versus 2023–24 peaks due to rapid BASX and Memphis ramp, outsourcing and price/cost timing. If mix volatility or ramp overhead persist, restoring prior operating leverage will require sustained pricing realization, sourcing gains and productivity improvements.
Higher Leverage And Balance-sheet StrainLeverage has risen as assets and debt expanded, and ROE has softened. Combined with negative FCF, higher indebtedness raises refinancing and interest risks and may constrain capital allocation, elevating vulnerability to demand slowdowns or further margin pressure.
Aaon News
AAON FAQ
What was Aaon Inc’s price range in the past 12 months?
Aaon Inc lowest stock price was $73.19 and its highest was $150.46 in the past 12 months.
What is Aaon Inc’s market cap?
Aaon Inc’s market cap is $7.03B.
When is Aaon Inc’s upcoming earnings report date?
Aaon Inc’s upcoming earnings report date is Nov 09, 2026 which is in 86 days.
How were Aaon Inc’s earnings last quarter?
Aaon Inc released its earnings results on Aug 10, 2026. The company reported $0.69 earnings per share for the quarter, beating the consensus estimate of $0.513 by $0.177.
Is Aaon Inc overvalued?
According to Wall Street analysts Aaon Inc’s price is currently Undervalued.
Does Aaon Inc pay dividends?
Aaon Inc pays a Quarterly dividend of $0.1 which represents an annual dividend yield of 0.46%. See more information on Aaon Inc dividends here
What is Aaon Inc’s EPS estimate?
Aaon Inc’s EPS estimate is 0.56.
How many shares outstanding does Aaon Inc have?
Aaon Inc has 82,453,636 shares outstanding.
What happened to Aaon Inc’s price movement after its last earnings report?
Aaon Inc reported an EPS of $0.69 in its last earnings report, beating expectations of $0.513. Following the earnings report the stock price went down -5.895%.
Which hedge fund is a major shareholder of Aaon Inc?
Currently, no hedge funds are holding shares in AAON
What is the TipRanks Smart Score and how is it calculated?
Smart Score combines eight research factors - such as analyst recommendations, hedge fund trends, and technical indicators - to measure a stock’s outlook. These signals are unified into a single score that reflects bullish or bearish momentum. See detailed methodology
Aaon Stock Smart Score
Neutral
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Analyst Consensus
Strong Buy
Average Price Target:
$130.00 (26.62% Upside)
$130.00 (26.62% Upside)
Blogger Sentiment
Bullish
AAON Sentiment 80%
Sector Average ―
Sector Average ―
Insider Transactions
Sold Shares
Worth $16.3M over
the Last 3 Months
the Last 3 Months
Crowd Wisdom
Very Positive
Last 7 Days ▲ 2.9%
Last 30 Days ▲ 11.1%
Last 30 Days ▲ 11.1%
News Sentiment
Very Bullish
Bullish news 100%
Bearish news 0%
Bearish news 0%
Technicals
SMA
Positive
20 days / 200 days
Momentum
32.93%
12-Months-Change
Fundamentals
Return on Equity
0.46%
Trailing 12-Months
Asset Growth
33.18%
Trailing 12-Months
Company Description
Aaon Inc
AAON, Inc., along with its affiliated companies, focuses on the engineering, manufacturing, promotion, and sale of heating and air conditioning systems throughout the United States and Canada. The enterprise's operations are divided into three distinct divisions: AAON Oklahoma, AAON Coil Products, and BasX. Its comprehensive product portfolio features a wide array of HVAC solutions, including rooftop units, specialized data center cooling, cleanroom climate control, chillers, pre-packaged outdoor mechanical rooms, air handling units, fresh air supply units, energy recovery ventilation, condensing units, geothermal/water-source heat pumps, coils, and integrated control systems. AAON markets and sells these offerings to a diverse set of commercial sectors, such as retail, manufacturing, educational institutions, hospitality, supermarkets, data centers, and the medical and pharmaceutical industries. Product distribution is managed through a dual approach, utilizing a network of independent manufacturing representatives in addition to an in-house sales team. Established in 1987, AAON, Inc. is headquartered in Tulsa, Oklahoma.
AAON Company Deck
AAON Earnings Call
Q2 2026
0:00 / 0:00
Earnings Call Sentiment|Positive
The call presented a broadly positive operational and financial progress story: record revenue, double-digit EBITDA and EPS growth, exceptional BASX expansion, AAON brand share gains, improving cash flow and a rapidly ramping Memphis facility. Near-term margin pressure from mix, ramp-up overhead, outsourcing and inflationary cost timing were acknowledged as temporary headwinds, with management guiding to margin improvement in H2 (Q4 weighted) and providing an upgraded full-year sales growth outlook of 55%–60%. Given the strong revenue and profitability momentum, healthy backlog and visible actions to address cost pressures, the positives materially outweigh the temporary lowlights.View all AAON earnings summariesAAON Stock 12 Month Forecast
Average Price Target
$130.00
▲(26.62% Upside)
Technical Analysis
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Ownership Overview
16.52% Insiders
26.58% Mutual Funds
16.26% Other Institutional Investors
21.43% Public Companies and
Individual Investors