AAON, Inc.

AAON, Inc. (AAON) Stock Analysis

$75.870

-2.215 (-2.92%)At close

Loading chart…
High
78.800
Open
78.190
VWAP
76.74
Vol
735.09K
Mkt Cap
7.12B
Low
75.555
Amount
56.41M
EV/EBITDA, TTM
18.23

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.

www.aaon.com

AI analysis of AAON, Inc. (AAON)

hold

AAON is currently not a strong buy due to a recent decline in its stock price and mixed analyst ratings. The current price is $75.87, which is significantly below the analyst price targets of $125 and $135, indicating potential upside. However, the RSI is at 28.49, suggesting the stock is oversold, which could present a buying opportunity if the market stabilizes. The main risk is the declining gross margin, which is currently at 24.3%, down from 26.6% year-over-year, indicating pressure on profitability.

Analyst Ratings (3)

+56.85% upside
Hold
0 Buy
3 Hold
0 Sell
Current: 75.87
Low
115.00
Average
119.00
High
125.00

Oppenheimer

2026-08-11

Price Target

$125

Outperform

Baird

2026-08-11

Price Target

$135

Outperform

KeyBanc

2026-07-22

Price Target

Sector Weight

Oppenheimer

2026-05-08

Price Target

$145

Outperform

Baird

2026-05-08

Price Target

$150

Outperform

Valuation Metrics

The current forward P/E ratio for AAON, Inc. (AAON) is 40.32, compared to its 5-year average forward P/E of 39.09.

Forward P/E

Fair
5Y Average P/E
39.09
Current P/E
40.32
Overvalued
49.49
Undervalued
28.69

Forward EV/EBITDA

Fair
5Y Average EV/EBITDA
22.52
Current EV/EBITDA
18.23
Overvalued
27.84
Undervalued
17.20

Forward P/S

Undervalued
5Y Average P/S
4.60
Current P/S
2.41
Overvalued
5.71
Undervalued
3.49

Alphio AI Price Scenarios for AAON

Scenario prices are the last monthly forecast band of the current year. Probabilities are fixed model weights (25 / 50 / 25), not guarantees.

B

Bull

Bull · 25%AAON

$102.58

Scenario price

B

Base

Base · 50%AAON

$97.73

Scenario price

B

Bear

Bear · 25%AAON

$91.09

Scenario price

Whales holding AAON

P

Peregrine Capital Management, LLC

+ HoldingAAON

+6.74%

3M Return

E

EULAV Asset Management

+ HoldingAAON

+0.97%

3M Return

Events Timeline

2026-08-10 (ET)

17:00:00

Stocks Open Lower as Middle East Uncertainty Grows

12:30:00

Major Averages Mixed at Open Amid Middle East Uncertainty

2026-05-07 (ET)

12:10:00

Aaon Stock Rises 37.3% to $134.93

10:10:00

Aaon Stock Rises 40.6% to $138.21

07:40:00

Company Reports Q1 Revenue of $496.9M, Beating Expectations

News

AAON FAQ — answered by Alphio AI

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).

AAON is currently not a strong buy due to a recent decline in its stock price and mixed analyst ratings. The current price is $75.87, which is significantly below the analyst price targets of $125 and $135, indicating potential upside. However, the RSI is at 28.49, suggesting the stock is oversold, which could present a buying opportunity if the market stabilizes. The main risk is the declining gross margin, which is currently at 24.3%, down from 26.6% year-over-year, indicating pressure on profitability.

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

This page is for research only and is not investment advice. Models can be wrong. Past performance does not guarantee future results.

Get Started