AAON (AAON) Stock Price, News & Analysis

Company Overview

AAON, Inc. (NASDAQ:AAON) designs and manufactures high-efficiency heating, ventilation, and air conditioning (HVAC) equipment for commercial and industrial applications. The company is headquartered in Tulsa, Oklahoma, and was founded in 1988 by Norm Asbjornson.

Its product portfolio includes rooftop units, air-handling units, condensing units, heat pumps, chillers, and related HVAC components. AAON’s equipment is used in applications such as office buildings, schools, healthcare facilities, retail properties, data centers, and other commercial or industrial structures.

AAON sells its products primarily through manufacturer representatives and other distribution channels serving customers in the United States and Canada. The company emphasizes energy efficiency, configurable equipment designs, and products intended to support a range of building climate-control requirements.

Key Stats

• Today's Range: $82.40 to $86.55
• 50-Day Range: $74.32 to $94.83
• 52-Week Range: $73.19 to $150.46
• Volume: 644,806 shs
• Average Volume: 1.09 million shs
• Market Capitalization: $7.11 billion
• P/E Ratio: 43.92
• Dividend Yield: 0.46%
• Price Target: $123.33
• Consensus Rating: Moderate Buy

AAON Stock Analysis - MarketRank™

AAON scored higher than 90% of companies evaluated by MarketBeat, and ranked 128th out of 659 stocks in the industrials sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 4.3 / 5
• Analyst Rating: Moderate Buy

Consensus Rating

AAON has received a consensus rating of Moderate Buy. The company's average rating score is 2.57, and is based on no strong buy ratings, 4 buy ratings, 3 hold ratings, and no sell ratings.

Upside Potential

AAON has a consensus price target of $123.33, representing about 43.1% upside from its current price of $86.19.

Amount of Analyst Coverage

AAON has been the subject of 5 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

Earnings and Valuation

• Score: 1.9 / 5
• Proj. Earnings Growth: 51.07%

Earnings Growth

Earnings for AAON are expected to grow by 51.07% in the coming year, from $2.33 to $3.52 per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of AAON is 43.92, which means that it is trading at a more expensive P/E ratio than the market average P/E ratio of about 39.94.

Price to Earnings Ratio vs. Sector

The P/E ratio of AAON is 43.92, which means that it is trading at a more expensive P/E ratio than the Industrials sector average P/E ratio of about 22.47.

Price to Earnings Growth Ratio

AAON has a PEG Ratio of 1.58. PEG Ratios above 1 indicate that a company could be overvalued.

Price to Book Value per Share Ratio

AAON has a P/B Ratio of 7.86. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

Short Interest

• Score: 1.0 / 5
• Short Interest Level: Bearish

Percentage of Shares Shorted

8.30% of the float of AAON has been sold short.

Short Interest Ratio / Days to Cover

AAON has a short interest ratio ("days to cover") of 4.38.

Change versus previous month

Short interest in AAON has recently increased by 15.04%, indicating that investor sentiment is decreasing significantly.

Dividend

• Score: 1.7 / 5
• Dividend Strength: Weak

Dividend Yield

AAON has a dividend yield of 0.47%, which is in the bottom 25% of all stocks that pay dividends.

Dividend Growth

AAON has only been increasing its dividend for 2 years.

Dividend Coverage

The dividend payout ratio of AAON is 20.83%. This payout ratio is at a healthy, sustainable level, below 75%.

Dividend Sustainability

Based on earnings estimates, AAON will have a dividend payout ratio of 11.36% next year. This indicates that AAON will be able to sustain or increase its dividend.

News and Social Media

• Score: 2.3 / 5
• News Sentiment: 0.71

News Sentiment

AAON has a news sentiment score of 0.71. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.57 average news sentiment score of Industrials companies.

News Coverage This Week

MarketBeat has tracked 4 news articles for AAON this week, compared to 6 articles on an average week.

Search Interest

Only 5 people have searched for AAON on MarketBeat in the last 30 days. This is a decrease of -77% compared to the previous 30 days.

MarketBeat Follows

Only 2 people have added AAON to their MarketBeat watchlist in the last 30 days. This is a decrease of 0% compared to the previous 30 days.

Company Ownership

• Score: 4.2 / 5
• Insider Trading: Acquiring Shares

Cluster Insider Buying

2 insiders have purchased shares of AAON in the last three months. Multiple insiders buying is a strong bullish signal.

Net Insider Buying

Over the last three months, insiders have purchased a net $109,584.00 in company stock, which represents 0.0015% of the company's market cap.

Insider Buying vs. Insider Selling

In the past three months, AAON insiders have bought more of their company's stock than they have sold. Specifically, they have bought $109,584.00 in company stock and sold $0.00 in company stock.

Percentage Held by Insiders

18.09% of the stock of AAON is held by insiders. A high percentage of insider ownership can be a sign of company health.

Percentage Held by Institutions

70.81% of the stock of AAON is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

Company Calendar

• Last Earnings: 8/10/2026
• Record date for 9/25 Dividend: 9/04/2026
• Ex-Dividend for 9/25 Dividend: 9/04/2026
• Dividend Payable: 9/25/2026
• Today: 10/13/2026
• Next Earnings (Estimated): 11/05/2026
• Fiscal Year End: 12/31/2026

Industry, Sector and Symbol

• Stock Exchange: NASDAQ
• Sector: Industrials
• Industry: Building Products
• Sub-Industry: Building Products
• Current Symbol: NASDAQ:AAON
• CIK: 824142
• Web: www.aaon.com
• Phone: (918) 583-2266
• Fax: 918-583-6094
• Employees: 5,897
• Year Founded: 1988

Price Target and Rating

• Average Price Target for AAON: $123.33
• High Price Target: $135.00
• Low Price Target: $110.00
• Potential Upside/Downside: +43.1%
• Consensus Rating: Moderate Buy
• Rating Score (0-4): 2.57
• Research Coverage: 7 Analysts

Profitability

• EPS (Trailing Twelve Months): $1.92
• Trailing P/E Ratio: 43.92
• Forward P/E Ratio: 36.99
• P/E Growth: 1.58
• Net Income: $107.59 million
• Net Margins: 8.24%
• Pretax Margin: 9.92%
• Return on Equity: 17.32%
• Return on Assets: 9.33%

Debt

• Debt-to-Equity Ratio: 0.43
• Current Ratio: 3.01
• Quick Ratio: 2.01

Sales & Book Value

• Annual Sales: $1.44 billion
• Price / Sales: 4.93
• Cash Flow: $2.39 per share
• Price / Cash Flow: 36.12
• Book Value: $10.96 per share
• Price / Book: 7.86

Miscellaneous

• Outstanding Shares: 82,450,000
• Free Float: 67,538,000
• Market Cap: $7.11 billion
• Optionable: Optionable
• Beta: 1.41