AAONAAONIndustrials · Building Products & Equipment

AAON Stock Forecast: AAON, Inc. Price Predictions for 2026-2027

Last close, 6 Aug 2026
$90
−3.07% on the day

The 5 Wall Street analysts covering AAON, Inc. hold a median 12-month price target of $150 — +66.1% from the last close. Ticker Nerd's systematic factor model, run across ~4,600 US stocks, ranks it 33 of 100 as at 6 Aug 2026 — in the lower half. The Street sees upside; the factor read is a caution. That gap is the story on this page.

Market cap
$7.6B
Ticker Nerd rank
33 / 100
Median analyst target
$150
Analysts covering
5
Total return, dividends reinvested
1W
+3.1%
1M
−17.4%
YTD
+18.6%
1Y
+11.3%
From 52W high
−39.1%
From 52W low
+25.8%
$72
$148
52-week range, adjusted closes · the dot is the last close
Ticker Nerd rank

AAON stock analysis: one number for the whole business

Consensus tells you what everyone already believes. The model scores AAON, Inc. on its factor families — the same systematic rank behind the Ticker Nerd portfolio.

Where the model ranks itAs at 6 Aug 2026
33 / 100

Percentile across ~4,600 US stocks on Ticker Nerd’s systematic factor model. Higher is better. How the model is built and tested

Revisions
92
Momentum
63
Growth
58
Quality
48
Issuance
31
Value
23
Volatility
21
Size
19
Accruals
15

Revisions (92): Analysts have, on balance, been raising their forecasts.

Accruals (15): A large share of reported profit has not shown up as cash, or the balance sheet is expanding quickly — both tend to unwind.

The rank is the raw material. Whether the rules would actually own AAON, Inc. — and when they’d sell — is the membership.

Wall Street

AAON stock forecast 2026-2027: analyst price targets & predictions

The bullish and bearish analyst opinions on AAON, reported as data — targets and ratings, the market's view beside the model's.

Share price and the analyst range, 12 monthsAdjusted close, US dollars
$80$100$120$140$160Oct 25Jan 26Apr 26Jul 26AAONHigh $154Median $150Low $150

Price targets and ratings are third-party analyst estimates, reported here as data. They are not Ticker Nerd forecasts, and they are frequently wrong.

What Wall Street says5 analysts
4 Buy1 Hold0 Sell
Low $150Median $150High $154

The green dot is the last close — the median target sits +66.1% from it.

Recent analyst actionsNewest first
DateFirmActionRatingTarget
23 July 2026KeybancInitiatesSector Weight
3 Mar 2026OppenheimerMaintainsOutperform
3 Mar 2026OppenheimerMaintainsOutperform$115$118
3 Feb 2026DA DavidsonMaintainsBuy
14 Oct 2025OppenheimerMaintainsOutperform
30 Sept 2025OppenheimerAssumesOutperform$105
12 Aug 2025BairdMaintainsBuy
12 Aug 2025DA DavidsonMaintainsBuy
16 June 2025Sidoti & Co.UpgradeBuy
11 June 2025BairdMaintainsOutperform
2 May 2025BairdMaintainsOutperform
28 Feb 2025BairdMaintainsOutperform
28 Feb 2025CJS SecuritiesUpgradeMarket Outperform
28 Feb 2025DA DavidsonMaintainsBuy
8 Nov 2024BairdMaintainsOutperform
8 Nov 2024DA DavidsonMaintainsBuy
28 Oct 2024BairdUpgradeOutperform
22 Oct 2024Sidoti & Co.DowngradeNeutral
2 Aug 2024BairdMaintainsNeutral
24 July 2024BairdInitiatesNeutral

Price targets and ratings are third-party analyst estimates, reported here as data. They are not Ticker Nerd forecasts, and they are frequently wrong.

Estimates

AAON analyst estimate revisions

Not the forecast itself — the direction analysts are revising it. Revision direction is one of the model's factor families.

Which way the estimates are movingNext fiscal year
EPS revision, 90 days
+13.6%
Analysts raising
4
Analysts cutting
0
Fundamentals

AAON, Inc. (AAON) financial data

A margin means little on its own. Each bar marks where the figure sits across the whole US universe we score.

Valuation
Trailing P/E
65.2×

Cheaper than 12% of US stocks

Price / sales
4.7×

Cheaper than 27% of US stocks

Price / book
8.1×

Cheaper than 13% of US stocks

EV / EBITDA
32.0×

Cheaper than 9% of US stocks

Growth & margins
Revenue growth (YoY)
54.3%

Higher than 88% of US stocks

Earnings growth (YoY)
35.9%

Higher than 71% of US stocks

Gross margin
25.1%

Higher than 30% of US stocks

Operating margin
11.6%

Higher than 69% of US stocks

Net margin
7.3%

Higher than 65% of US stocks

Returns & dividend
Return on equity
13.5%

Higher than 72% of US stocks

Return on assets
6.9%

Higher than 85% of US stocks

Dividend yield
0.4%

Higher than 8% of US dividend payers

Bars mark the percentile across the ~4,600 US stocks Ticker Nerd covers, among those reporting the figure.

Peers

AAON vs competitors

The nearest names by industry and size, scored by the same model — like for like.

Its peer group, ranked by the same modelBuilding Products & Equipment
CompanyMarket capTKN rank
AAONAAON, Inc.$7.6B
33
AWIArmstrong World Industries, Inc.$7.9B
65
BLDRBuilders FirstSource, Inc.$8.0B
35
FBINFortune Brands Innovations, Inc.$6.0B
38
LPXLouisiana-Pacific Corp.$5.3B
15
SPXCSPX Technologies, Inc.$10.6B
79
TREXTrex Co., Inc.$4.9B
8
Market Radar

This page is one stock. Monday covers all of them.

Computed off the Friday close and sent before the US open.

Market Radar reports the week’s largest rank changes across roughly 4,600 US stocks, the factor behind each one, and where the market went. AAON appears on the weeks it earns a place.

Free, every Monday. Unsubscribe any time.

News

Latest AAON news & analysis

Aaon (AAON) Earnings Expected to Grow: What to Know Ahead of Next Week's Release

Zacks Investment Research · 3 Aug 2026neutral

Zacks published a preview of AAON's upcoming earnings report, noting that the company does not have the right combination of factors to suggest a likely earnings beat. The article outlines key expectations ahead of next week's release.

Why it matters — AAON watchers would care because the report assesses the likely outcome of the upcoming earnings release and what factors may influence it.

Conestoga SMid Cap Composite Q2 2026 Portfolio Review

Seeking Alpha · 31 July 2026neutral

The Conestoga SMid Cap Composite Q2 2026 portfolio review discusses West Pharmaceuticals' rise on broad-based growth, Tyler Technologies' underperformance despite solid results, and Knowles' accelerating organic growth and margin expansion. The text does not mention AAON.

Why it matters — AAON may be held in the Conestoga SMid Cap Composite, so the portfolio's positioning and sector commentary could offer context for AAON's market segment.

AAON Increases Board Size and Appoints Robert L. Buttermore III, and Patrick J.

PRNewsWire · 30 July 2026positive

AAON expanded its board of directors and appointed Robert L. Buttermore III and Patrick J., adding experience in enterprise-scale operations, global manufacturing, capital allocation, and governance.

Why it matters — The appointments bring operational and governance expertise as AAON continues to scale its leadership in HVAC and mission-critical cooling markets.

Oil Spikes 7%, Nasdaq 100 Sinks Before Fed: Stock Market Today

Benzinga · 29 July 2026negative

The article reports a deepening Wall Street sell-off midday Wednesday, with crude oil spiking 7% on U.S.-Iran tensions and the Nasdaq 100 falling more than 10% from record highs ahead of the Federal Reserve's rate decision.

Why it matters — Broad market sell-offs and rising energy costs can affect investor sentiment and operating expenses for AAON, which manufactures HVAC equipment.

Do Options Traders Know Something About AAON Stock We Don't?

Zacks Investment Research · 24 July 2026neutral

Zacks Investment Research reported that investors should pay close attention to AAON stock based on recent movements in the options market.

Why it matters — An AAON watcher would care because unusual options market activity may signal that informed traders are positioning for a move in the stock.

FAQ

Frequently asked questions about AAON stock

What is the AAON stock price forecast for 2026-2027?

The 5 Wall Street analysts covering AAON, Inc. have a median 12-month price target of $150, with estimates ranging from $150 to $154. These are third-party analyst estimates, not Ticker Nerd forecasts, and they are frequently wrong.

Is AAON stock a buy right now?

Of the 5 analysts covering AAON, Inc., 4 rate it a Buy, 1 a Hold and 0 a Sell. Ticker Nerd's systematic factor model ranks AAON, Inc. 33 out of 100 across roughly 4,600 US stocks as at 6 Aug 2026. None of this is personal advice — it does not consider your circumstances.

How does Ticker Nerd's model rank AAON?

As at 6 Aug 2026, AAON, Inc. ranks 33 out of 100 on Ticker Nerd's systematic factor model — a percentile across roughly 4,600 US stocks, built from its factor families. Its strongest factor family is Revisions (92 of 100).

Will AAON stock go up?

No one can know that. What the data says: the median 12-month target from 5 analysts implies +66.1% from the last close, and Ticker Nerd's factor model ranks AAON, Inc. 33 out of 100 as at 6 Aug 2026. Analyst targets are third-party estimates and frequently wrong; none of this is personal advice.

What is the AAON stock forecast for 2030?

No analyst covering AAON, Inc. publishes a 2030 price target — Wall Street targets run 12 to 18 months out. Sites quoting a 2030 price for AAON are extrapolating price history, which says nothing about the business. The furthest attributed numbers are the current analyst targets: $150 to $154 over the next 12 months.

How has AAON stock performed over the past year?

AAON, Inc. returned +11.3% over the 12 months to 6 Aug 2026, with dividends reinvested. Past performance does not indicate future returns.

What does AAON, Inc. do?

Aaon Inc. is a U.S.-based manufacturer of commercial and industrial heating, ventilation, and air conditioning (HVAC) equipment.

What is the latest news on AAON?

The most recent item we track (Zacks Investment Research, 3 Aug 2026): "Aaon (AAON) Earnings Expected to Grow: What to Know Ahead of Next Week's Release". Zacks published a preview of AAON's upcoming earnings report, noting that the company does not have the right combination of factors to suggest a likely earnings beat. The article outlines key expectations ahead of next week's release.

Company

About AAON, Inc.

Aaon Inc. is a U.S.-based manufacturer of commercial and industrial heating, ventilation, and air conditioning (HVAC) equipment. The company focuses on engineering and producing semi-custom and custom HVAC systems designed for energy-efficient climate control in commercial, institutional, and industrial buildings. Its product portfolio includes rooftop units, chillers, packaged outdoor mechanical rooms, air-handling units, makeup air units, energy-recovery units, condensing units, geothermal heat pumps, self-contained units, and coils. Aaon Inc. operates through segments such as AAON Oklahoma, AAON Coil Products, and BASX, covering system manufacturing, specialized coil production, and modular data center and cleanroom solutions. The company also designs control solutions and supplies replacement and retail parts through physical and online channels, supporting ongoing system operation and maintenance. Headquartered in Tulsa, Oklahoma, Aaon Inc. plays a notable role in the building products and equipment industry, serving customers that require reliable, high-performance HVAC solutions for complex and large-scale facilities.

CEO Dr. Matthew J. Tobolski Ph.D., SE · 4,812 employees · United States · https://www.aaon.com