AAON, Inc. (AAON) Stock AnalysisAAONAAON, Inc.

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. It operates in the Industrials sector (AIR-COND & WARM AIR HEATG EQUIP & COMM & INDL REFR industry).

Currently, AAON is not a strong buy due to its low RSI of 19.185, indicating oversold conditions, and a significant 5-day price drop of 14.43%. However, the company reported a remarkable 101.2% year-over-year sales growth in Q2 2026, with a net income of $56.66 million, showing strong operational performance. The main risk is the declining gross margin, which fell to 24.32% in Q2 2026, down from 26.6% the previous year, indicating potential cost pressures.

3 analysts cover AAON: 0 rate it Buy, 3 Hold and 0 Sell. The average price target is 119.00.