Growth Investors: Industry Analysts Just Upgraded Their AAON, Inc. (NASDAQ:AAON) Revenue Forecasts By 11%
Analysts have significantly upgraded AAON, Inc.'s revenue forecasts for 2026 by 11% to US$2.3 billion, representing a 19% improvement over the last year. Earnings per share are also expected to rise by 25% to US$2.42. Despite these positive revisions, the consensus price target has been cut by 5.5% to US$143, suggesting some analyst caution about the longevity of the improved performance.
Growth Investors: Industry Analysts Just Upgraded Their AAON, Inc. (NASDAQ:AAON) Revenue Forecasts By 11%
Analysts have significantly upgraded AAON, Inc.'s revenue forecasts for 2026 by 11%, now expecting US$2.3 billion, a 19% improvement year-over-year, and a 25% leap in EPS to US$2.42. Despite these positive revisions, the consensus price target has been cut by 5.5% to US$143, suggesting that the improved performance may not be sustained long-term or fully reassuring to analysts. AAON is projected to grow much faster than its industry, with an expected 41% annualized growth to the end of 2026.
Will Strong Q2 Results, Higher 2026 Outlook and Dividend Support Change AAON's (AAON) Narrative
AAON, Inc. reported strong Q2 2026 results with significant revenue and net income growth, alongside an upgraded full-year 2026 net sales outlook and a maintained quarterly dividend. This performance is seen as affirming the company's ability to manage rapid expansion in data center cooling while returning value to shareholders. The key challenge for AAON remains sustaining operational efficiency gains as it scales, particularly with investments in ERP and new facilities.
AAON, Inc. (NASDAQ:AAON) Plans $0.10 Quarterly Dividend
AAON, Inc. (NASDAQ:AAON) has declared a quarterly dividend of $0.10 per share, payable on September 25th to shareholders of record by September 4th. This translates to an annualized dividend of $0.40 per share with an approximate 0.5% yield, which appears well-covered by earnings with a low payout ratio. The company recently surpassed quarterly expectations, reporting $0.69 EPS against a $0.51 consensus and $626.98 million in revenue, a 101.2% year-over-year increase.
Wellington reports 5.77M AAON (AAON) shares, about a 7% ownership stake
Wellington Management Group LLP and related entities have disclosed beneficial ownership of 5,772,476 shares of AAON common stock, representing 7.05% of the class. These shares are held for various advisory clients, with Wellington entities reporting shared voting power over 4,660,443 shares and shared dispositive power over all 5,772,476 shares. No single client of Wellington is stated to hold more than five percent of AAON's common stock.
AAON, Inc. Just Recorded A 35% EPS Beat: Here's What Analysts Are Forecasting Next
AAON, Inc. (NASDAQ:AAON) recently reported a significant 35% EPS beat, with analysts now forecasting a 15% revenue growth for the full year 2026. While the company's shares rose 2.2% post-earnings, the market's reaction suggests that the strong results might have been partially anticipated or already priced in. The consensus estimates for AAON indicate continued growth in both revenue and earnings per share over the next few years.
Aaon Jumps 5.7% After Oppenheimer Maintains Outperform
Aaon, Inc. shares rallied 5.7% despite Oppenheimer and Baird cutting their price targets, as both firms maintained "Outperform" ratings, signaling continued conviction in the company's long-term trajectory. The market appears to be interpreting the maintained bullish stance as a buying opportunity, focusing on the substantial implied upside from the average new target of $130. Investors will be watching for further analyst adjustments and company updates.
KeyBanc reiterates Sector Weight on AAON stock after facility visit
KeyBanc maintained its Sector Weight rating on AAON Inc. after an analyst visit to the company's BASX facility. The visit provided insights into BASX's potential for growth and margin improvement, despite the stock appearing overvalued and facing near-term margin volatility. This comes after AAON reported strong Q2 2026 financial results, exceeding expectations, though the stock declined due to gross-margin outlook concerns.
AAON declares $0.10 quarterly dividend payable Sept. 25, 2026
AAON (AAON) has declared a quarterly cash dividend of $0.10 per share, totaling $0.40 annually. This dividend will be payable on September 25, 2026, to shareholders on record as of September 4, 2026. The announcement was furnished as Exhibit 99.1 to the Form 8-K.
AAON Sets Sept. 25 Payment Date for Quarterly $0.10 Dividend
AAON (NASDAQ: AAON) has declared a regular quarterly cash dividend of $0.10 per share, amounting to $0.40 annually. The dividend will be paid on September 25, 2026, to shareholders who are on record as of the close of business on September 4, 2026. This announcement provides clear income timing for shareholders.
KeyBanc reiterates Sector Weight on AAON stock after facility visit
KeyBanc has reiterated its Sector Weight rating on AAON Inc (NASDAQ:AAON) following a visit to the company's BASX facility. The firm noted AAON's strong revenue growth and efforts toward attractive margins but also highlighted potential near-term margin volatility and the stock's overvaluation based on its P/E ratio. Despite a recent stock decline, AAON reported strong Q2 2026 financial results, exceeding expectations.
Results: AAON, Inc. Exceeded Expectations And The Consensus Has Updated Its Estimates
AAON, Inc. (NASDAQ:AAON) recently reported quarterly results that significantly surpassed analyst expectations for both revenue and earnings. Following these strong results, analysts have updated their forecasts, indicating improved sentiment with increased revenue and earnings per share estimates for 2026. Despite these positive adjustments, the consensus price target for AAON saw a slight decrease, suggesting some caution regarding sustained performance, even as the company is projected to grow faster than its industry.
Results: AAON, Inc. Exceeded Expectations And The Consensus Has Updated Its Estimates
AAON, Inc. (NASDAQ:AAON) recently reported quarterly results that significantly exceeded expectations, with revenues up 25% and earnings per share up 35%. This positive performance has led analysts to upgrade their revenue and earnings forecasts for 2026, anticipating a 19% revenue improvement to US$2.29 billion and a 25% increase in EPS to US$2.42. Despite these upgrades, the consensus price target saw a slight reduction, suggesting some skepticism about the sustainability of the improved performance.
AAON, Inc. (NASDAQ:AAON) Receives Average Recommendation of "Moderate Buy" from Brokerages
AAON, Inc. (NASDAQ:AAON) has received a "Moderate Buy" consensus recommendation from brokerages, based on four buy ratings and three hold ratings, with an average 12-month price target of $126.67. The company's Q2 2026 results significantly beat expectations, with EPS of $0.69 and revenue of $626.98 million, representing 101.2% year-over-year growth. Despite positive earnings and a strong sales growth forecast of 55%-60% for 2026, driven partly by data-center cooling demand, recent analyst target reductions and substantial insider selling introduce a note of caution for investors.
AAON’s Data-Center Cooling Push Meets A Tough Scale-Up
AAON, Inc. (NASDAQ: AAON) is navigating challenges despite record Q2 sales and a $2.0 billion backlog, facing margin and cash-flow pressures as it scales its operations, particularly within its data-center cooling business (BASX). The company's stock shows volatility, reflecting investor debate between its strong growth prospects in data-center cooling and execution risks tied to rapid capacity expansion and profitability. While growth catalysts are strong, the premium valuation necessitates flawless execution for sustained investor confidence.
Wasatch Advisors LP Has $296.66 Million Holdings in AAON, Inc. $AAON
Wasatch Advisors LP increased its stake in AAON, Inc. by 3.1% in the second quarter, bringing its total holdings to 2.34 million shares valued at approximately $296.7 million. This makes AAON the fund's 8th largest position, representing 1.9% of its investment portfolio. The increase follows AAON's strong second-quarter performance, with revenue up 101.2% year over year and adjusted EPS beating consensus estimates, driven partly by demand for data-center cooling equipment.
Baird Maintains AAON Inc(AAON.US) With Buy Rating, Cuts Target Price to $135
Baird has reiterated its "Buy" rating on AAON Inc (AAON.US) but has adjusted its price target downwards to $135. This action reflects the analyst's updated valuation while maintaining a positive outlook on the company's stock.
AAON Maintains by Oppenheimer -- Price Target Lowered to $125
Oppenheimer has maintained an "Outperform" rating for AAON but lowered its price target from $145 to $125, reflecting a more cautious outlook. Despite this, GuruFocus indicates AAON is undervalued by 31.5% with a strong GF Score of 83/100, driven by high profitability and momentum. However, a high P/E ratio and recent insider selling suggest investors should proceed with caution.
Aaon Analysts Slash Their Forecasts Following Q2 Earnings
AAON reported strong second-quarter earnings, beating analyst estimates for both EPS and sales, and subsequently raised its FY2026 sales guidance. Despite the positive financial performance, two analysts, Timothy Wojs from Baird and Noah Kaye from Oppenheimer, maintained their "Outperform" ratings but lowered their price targets for AAON stock. The company's President and CEO, Matt Tobolski, highlighted the continued strength of demand and significant increases in net sales, operating income, and diluted EPS.
Oppenheimer Adjusts AAON Price Target to $125 From $145, Maintains Outperform Rating
Oppenheimer has revised its price target for AAON Inc. (AAON) from $145 to $125, while retaining an Outperform rating on the stock. This adjustment comes amidst recent financial news for AAON, including their Q2 2026 earnings call and reports of increased adjusted earnings and sales. The article also touches upon insider share transactions and board changes for the company.
Royal Bank of Canada Sells 22,877 Shares of AAON, Inc. $AAON
Royal Bank of Canada reduced its stake in AAON, Inc. by 18.5%, selling 22,877 shares but still retaining a significant holding valued at $8.3 million. Despite AAON reporting a strong second quarter with increased revenue and EPS, concerns exist regarding lowered gross-margin guidance and insider selling. Analysts maintain a "Moderate Buy" rating for the company.
AAON: Record sales and earnings growth, with margin improvement expected in Q4 and 2027
AAON experienced record sales and earnings growth in Q2, driven by strong brand performance, rapid scaling of new capacity, and operational improvements. The company anticipates an easing of margin pressures from facility ramping and inflation, with further improvements expected in Q4 and into 2027. This positive outlook is based on their Q2 2026 audio transcript.
Tutor Perini, AAON, Onterris, Quest Resource, and Blink Charging Shares Skyrocket, What You Need To Know
Shares of Tutor Perini, AAON, Onterris, Quest Resource, and Blink Charging jumped in after-market trading following a July jobs report that showed an unexpected loss of 23,000 jobs. This data suggested a cooling labor market, leading investors to anticipate potential interest rate cuts by the Federal Reserve. The market interpreted this "bad news" as positive, expecting cheaper borrowing for companies and increased stock attractiveness.
Earnings call transcript: AAON tops Q2 2026 estimates but shares slip
AAON reported stronger-than-expected Q2 2026 results, with adjusted EPS of $0.69 and revenue of $626.97 million, both surpassing Wall Street forecasts. Despite record quarterly revenue and a raised full-year sales growth outlook, the stock slipped 5.89% as investors reacted to a lowered gross-margin outlook and significant growth investments. The company highlighted strong performance in data center cooling and commercial HVAC, emphasizing its multiyear transformation and continued investments in capacity and operational efficiency.
Aaon (AAON) Surpasses Q2 Earnings and Revenue Estimates
AAON (AAON) reported strong Q2 earnings and revenue, significantly beating Zacks Consensus Estimates. The company posted earnings of $0.69 per share, a 32.69% surprise, and revenues of $626.98 million, exceeding estimates by 21.81%. Despite the positive performance, the stock currently holds a Zacks Rank #3 (Hold), suggesting it will perform in line with the market in the near future.
Oppenheimer reiterates Outperform on AAON stock after earnings beat
Oppenheimer reaffirmed its Outperform rating on AAON Inc (NASDAQ:AAON) after the company surpassed second-quarter 2026 revenue and earnings estimates. AAON also raised its full-year 2026 sales and EBIT guidance, driven by significant revenue growth, particularly from its BASX segment. Despite the strong performance, InvestingPro analysis indicates the stock might be overvalued relative to its fair value.
AAON Reports Record Second Quarter 2026 Results Driven by Strong Demand, Accelerating Throughput, and Improved Operating Execution
AAON, Inc. announced record second-quarter 2026 results, with net sales increasing 101.2% to $627.0 million and diluted EPS rising 257.9% to $0.68, driven by strong demand, expanded capacity, and improved operational execution. The company raised its full-year 2026 outlook, projecting 55%-60% net sales growth, and emphasized its progress in scaling operations and converting its $2.0 billion backlog into revenue, despite some near-term margin pressures from rapid growth. Both AAON and BASX brands contributed to the growth, with BASX benefiting significantly from data center investments.
S&P 500 Futures Steady in Premarket Trading; AAON, Kodiak Gas Services Lead
S&P 500 futures are steady in premarket trading. AAON Inc. (AAON) and Kodiak Gas Services Inc. (KGS) are leading gainers, up 7.6% and 7.2% respectively, before the U.S. stock markets open.
AAON Reports Record Second Quarter 2026 Results Driven by Strong Demand, Accelerating Throughput, and Improved Operating Execution
AAON, Inc. announced record second-quarter 2026 results with net sales increasing 101.2% to $627.0 million and diluted EPS rising 257.9% to $0.68. This growth was driven by strong demand for both AAON and BASX brands, improved manufacturing throughput, and enhanced operating execution. The company raised its full-year 2026 outlook, projecting 55%-60% net sales growth, though it expects near-term margin pressure due to rapid scaling and new capacity ramp-up.
Empowered Funds LLC Takes $1.31 Million Position in AAON, Inc. $AAON
Empowered Funds LLC has acquired a new position of 15,855 shares, valued at $1.31 million, in AAON, Inc. during the first quarter. Other institutional investors like Millennium Management and Goldman Sachs also increased their holdings, with institutions collectively owning 70.81% of the stock. AAON reported strong first-quarter results with revenue up 54.3% year-over-year to $496.94 million and EPS of $0.48, surpassing estimates.
AAON (AAON) To Report Earnings Tomorrow: Here Is What To Expect
AAON (NASDAQ:AAON), a heating and cooling solutions company, is set to report earnings tomorrow. The market anticipates a 61.4% year-on-year revenue growth, an improvement from flat revenue last year, despite the company having missed Wall Street's revenue estimates multiple times in the past two years. Peers in the HVAC and water systems segment, Northwest Pipe and Carrier Global, have already reported their Q2 results, offering potential insights into the sector's performance.
AAON: Q2 2026 net sales soared 101% year-over-year, fueled by BASX growth and strong data center demand
AAON experienced a significant increase in Q2 2026 net sales, more than doubling year-over-year, primarily due to growth in its BASX brand and high demand from data centers. Despite margin contractions resulting from investments in growth, the company reported a surge in adjusted EBITDA and EPS. AAON's strong backlog and positive outlook led to an upward revision of its sales guidance for fiscal year 2026.
Price-Driven Insight from (AAON) for Rule-Based Strategy
This article provides a price-driven insight for Aaon Inc. (AAON) based on AI models, highlighting positive near-term sentiment and a strong long-term outlook, despite a weak mid-term bias. It outlines distinct trading strategies (Position, Momentum Breakout, Risk Hedging) with specific entry, target, and stop-loss levels, and details multi-timeframe signal analysis for support and resistance levels. The report emphasizes an exceptional risk-reward setup targeting a 23.3% gain with minimal risk.
We Ran A Stock Scan For Earnings Growth And AAON (NASDAQ:AAON) Passed With Ease
AAON (NASDAQ:AAON) has demonstrated strong earnings per share (EPS) growth of 33% annually over the last three years, which is a positive indicator for long-term investors. The company has also shown improved revenue and EBIT margins, with insiders holding a substantial 18% stake, valued at US$1.6 billion. Additionally, the CEO's compensation of US$5.0 million is considered reasonable compared to similar-sized companies, suggesting a focus on shareholder interests.
Is It Too Late to Buy AAON Inc (AAON) After 5.0% Rally? GF Value Says Undervalued
AAON Inc. shares recently rallied 5.0% to $94.83, and according to the GF Value, the stock is considered "Modestly Undervalued" with a potential 23.4% downside to its GF Value™ of $123.84. Despite a strong GF Score™ of 95/100, indicating good overall performance and excellent growth, the company is unprofitable and cash-flow negative, and insiders have been selling shares. Investors should exercise caution due to elevated P/E ratios and insider selling activity.
Tutor Perini, AAON, Onterris, Quest Resource, and Blink Charging Shares Skyrocket, What You Need To Know
Shares of Tutor Perini, AAON, Onterris, Quest Resource, and Blink Charging surged in the after-market session following a July jobs report that indicated an unexpected loss of 23,000 jobs, signaling a cooling labor market. This weaker-than-expected data led investors to anticipate potential interest rate cuts by the Federal Reserve, making stocks more attractive. Onterris, despite a significant year-to-date drop, saw a 14.4% jump in its shares, highlighting the market's reaction to the economic news.
AAON: Q2 2026 net sales soared 101% year-over-year, led by BASX growth and strong data center demand
AAON experienced a significant increase in Q2 2026 net sales, soaring 101% year-over-year. This growth was primarily fueled by the performance of BASX-branded products and strong demand from the data center sector. Despite margin contractions due to growth investments, adjusted EBITDA and EPS saw substantial surges, leading to an upward revision of the FY26 sales growth outlook.
AAON Q2 FY26 diluted non-GAAP EPS more than doubled to $0.69 year over year; net sales rose 101.2% to $627 million year over year
AAON reported a strong Q2 FY26, with diluted non-GAAP EPS more than doubling to $0.69 and net sales increasing by 101.2% to $627 million year over year. GAAP net income reached $56.66 million, and non-GAAP adjusted EBITDA also more than doubled to $94.2 million. The company raised its full-year sales growth outlook to 55%-60% despite a narrowed gross margin and significant growth in BASX-branded net sales due to data center demand.
Tutor Perini, AAON, Onterris, Quest Resource, and Blink Charging Shares Skyrocket, What You Need To Know
Shares of Tutor Perini, AAON, Onterris, Quest Resource, and Blink Charging rose significantly in after-market trading following a July jobs report that showed an unexpected loss of 23,000 jobs. This weaker-than-expected data led investors to anticipate potential interest rate cuts by the Federal Reserve, making stocks more attractive. The article highlights the individual stock jumps and provides a closer look at Onterris's performance and volatility.
AAON (AAON) Could Be 38% Undervalued On Raised BASX Revenue Outlook
AAON (AAON) has garnered investor interest after raising its 2026 revenue outlook for its BASX division to US$1.0 billion from US$715 million, driven by strong demand from AI-focused data center projects. Despite recent share price volatility, Simply Wall St's analysis suggests AAON could be 38.4% undervalued with a fair value of $151.33, primarily due to anticipated growth in advanced cooling solutions for data centers. However, potential risks like ERP rollout issues and capacity spending could impact margins and cash flow.
AAON (AAON) Could Be 38% Undervalued On Raised BASX Revenue Outlook
AAON (AAON) has garnered investor attention after raising its 2026 revenue outlook for the BASX division to US$1.0 billion, up from US$715 million, driven by strong demand from AI-focused data center projects. Despite recent share price volatility, the company's fair value is estimated at $151.33, significantly higher than its current trading price of $93.15, suggesting it could be undervalued. This valuation is supported by anticipated rapid growth in the data center market, though potential risks include ERP rollout issues and heavy BasX capacity spending affecting margins.
AAON files Form 3 initial beneficial ownership statement for director Robert L. Buttermore
AAON director Robert L. Buttermore filed an initial Form 3 on August 6, 2026, reporting his beneficial ownership of company stock as of July 28, 2026. This filing indicates his initial holdings as a director of AAON. The news brief was generated by Public Technologies (PUBT) using AI, based on original content published by AAON Inc. via the SEC's EDGAR system.
California State Teachers Retirement System Acquires 14,878 Shares of AAON, Inc. $AAON
The California State Teachers Retirement System increased its stake in AAON, Inc. by 22.7%, acquiring an additional 14,878 shares to a total of 80,436 shares valued at $6.7 million. While institutional ownership is high at 70.81% and the company reported strong quarterly earnings with significant revenue growth, insiders have sold a substantial number of shares recently. Analysts maintain a "Moderate Buy" consensus despite some recent downgrades.
Earnings Preview: AAON Inc to Report Financial Results Post-market on August 10
AAON Inc. is scheduled to report its financial results post-market on August 10. The report will provide insight into the company's performance, which is an anticipated event for investors and analysts following the company.
Aaon (AAON) Earnings Expected to Grow: What to Know Ahead of Next Week's Release
Aaon (AAON) is expected to report a significant year-over-year increase in earnings and revenue for the quarter ended June 2026. While the company has a Zacks Rank of #3, its Earnings ESP of -0.48% suggests analysts have become slightly bearish, making an earnings beat less certain despite a history of sometimes surprising positively. Investors are advised to consider other factors alongside these metrics.
AAON: Robert L. Buttermore III And Patrick J. Jermain Appointed To Expanded Board
AAON has expanded its Board of Directors with the appointment of Robert L. Buttermore III and Patrick J. Jermain as independent directors, effective July 28, 2026. These appointments are part of the company's ongoing succession and refreshment process, aiming to align director experience with AAON's evolving strategy, growth opportunities, and expansion into commercial HVAC and mission-critical cooling markets. Buttermore brings expertise in global manufacturing and supply chains from Rockwell Automation, while Jermain offers financial and operational experience as the former CFO of Plexus Corporation.
AAON Expands Board, Strengthens Governance for Growth
AAON has expanded its Board of Directors from nine to eleven members, appointing Robert L. Buttermore III and Patrick J. Jermain as independent directors. These appointments aim to enhance the company's governance and strategic capabilities as it pursues growth in the commercial HVAC and mission-critical cooling markets. The new directors bring extensive experience in global manufacturing, supply chain, finance, and capital allocation, aligning with AAON's focus on disciplined growth and long-term shareholder value.
Aaon Inc (AAON) Institutional Confidence
Aaon Inc (AAON) has a strong institutional confidence score of 10.00, ranking it first in its industry. Institutional shareholding has increased by 5.87% quarter-over-quarter, with 92.44% of shares held by institutions. The largest institutional shareholder, ETHSX, significantly increased its holdings.
Aaon Inc (AAO) Q1 2025 Earnings Report - Results, Call & Slides
Aaon Inc (AAO) announced its Q1 2025 earnings, reporting actual EPS of €0.32, beating the consensus of €0.21. The company also surpassed revenue expectations with €279.78 million against an expected €252.32 million, marking a 22.87% year-over-year growth. The next earnings report is estimated for August 10, 2026.
AAON appoints two directors to board of directors By Investing.com
AAON, Inc. (NASDAQ:AAON) announced the appointment of Robert L. Buttermore III and Patrick J. Jermain to its board of directors, effective July 28, 2026. Buttermore will join the compensation committee, and Jermain will serve on the audit committee, as part of the board's succession and refreshment process. Both new directors bring extensive experience from senior roles in manufacturing and finance.
