Shared on 30 Jun 26

Fair value Increased 17%

AAON: Data Center Cooling Backlog Will Support Margins Despite Profitability Concerns

AAON’s fast-growing data center cooling business is driving a record order pipeline, and the company now expects much faster growth next year as production ramps up. But worries are building around cash burn, weakening profitability trends, and heavy insider selling even as guidance improves.

1 view

Shared on 17 Mar 26

Fair value Increased 2.08%

AAON: Data Center Cooling Strength Will Support Margins Despite Rubin Chip Concerns

The analyst fair value estimate for AAON has been raised by $2.50 to $122.75, as analysts point to updated price targets and expectations for revenue and gross profit that are above prior Street views, while still viewing data center cooling demand as intact despite recent concerns. Analyst Commentary Recent Street research on AAON highlights a mix of optimism around long term growth drivers and some near term questions on execution, especially following recent quarterly results and market reactions.

8 views

Shared on 03 Mar 26

Fair value Increased 4.34%

AAON: Data Center Cooling Demand Will Support Margins Despite Rubin Chip Concerns

Analysts have nudged their AAON price target up by $5.00 to $120.25, reflecting updated assumptions on growth, margins, and P/E, along with their view that data center cooling demand remains solid despite recent concerns around new chip architectures. Analyst Commentary Analysts are parsing the recent move in AAON shares and the updated price target in the context of data center cooling.

6 views

Shared on 05 Jan 26

AAON: AI Infrastructure Demand Will Support Margins Despite Short Seller Concerns

Narrative Update on AAON Analysts nudged their AAON price target higher to $112 from $105, pointing to the company's exposure to artificial intelligence related infrastructure demand as a key support for the revised view. Analyst Commentary Bullish analysts are framing the new US$112 price target within a broader view that AAON is positioned in areas of the market tied to artificial intelligence related infrastructure, rather than more cyclical residential and construction activity.

14 views

Shared on 14 Dec 25

AAON: Data Center Expansion Will Drive Long Term Margin Strength Despite Short Seller Pressure

Analysts have modestly raised their price target on AAON to $112 from $105, reflecting growing confidence in the company’s differentiated HVAC and data center positioning, as well as the operating leverage expected from its expanding data center footprint and longer term growth initiatives. Analyst Commentary Bullish analysts highlight that the recent target increase mainly reflects rising conviction in AAON’s structural growth drivers, particularly its exposure to data center thermal management and differentiated HVAC solutions.

8 views

Shared on 27 Nov 25

AAON: Expanding Data Center Demand Will Lift Results Despite Margin Debate

Analysts have raised their price target for AAON to $112 from $105. They cite expectations for strong performance in data center-related markets and improving fundamentals in the industrial efficiency sector.

13 views

Shared on 12 Nov 25

Fair value Increased 12%

AAON: Data Center Expansion Will Drive Results Amid Margin Uncertainty

Analysts have raised their fair value price target for AAON from $103.25 to $115.25 per share. They cite expectations of stronger revenue growth, a slightly higher discount rate, and continued benefits from the company's positioning in data center and industrial efficiency sectors.

4 views

Shared on 29 Oct 25

Analysts have raised their price target for AAON from $105 to $112, citing improving fundamentals and the company's strong positioning in industrial efficiency and data center growth. Analyst Commentary Analyst perspectives on AAON reflect both optimism regarding the company's growth prospects and caution about sector headwinds.

7 views

Shared on 15 Oct 25

Fair value Increased 4.56%

Analysts have raised AAON's fair value estimate from $98.75 to $103.25, citing improved outlooks for industrial efficiency and data center exposure as key drivers behind the price target increase. Analyst Commentary Analyst sentiment on AAON remains largely positive following recent earnings and coverage updates.

5 views

Shared on 23 Sep 25

Fair value Increased 3.13%

The rise in AAON’s consensus price target reflects a higher future P/E multiple, indicating increased optimism for growth, with fair value now at $98.75. What's in the News AAON provided Q3 2025 guidance with expected YoY sales growth in the low single digits and Q4 2025 guidance with YoY sales growth in the high twenties.

1 view

Shared on 04 Sep 25

Analysts have trimmed AAON’s price target in response to weaker-than-expected long-term revenue and margin guidance and ongoing rooftop HVAC market softness, though some see the market’s reaction as overdone, resulting in the consensus fair value holding steady at $95.75. Analyst Commentary Q2 results suggest the worst of recent headwinds may be over, prompting analysts to update forecasts despite trimming price targets.

2 views

Shared on 07 May 25

Fair value Decreased 17%

0 views

Shared on 30 Apr 25

Fair value Increased 0.85%

AnalystConsensusTarget made no meaningful changes to valuation assumptions.

3 views

Shared on 23 Apr 25

Fair value Decreased 1.79%

AnalystConsensusTarget made no meaningful changes to valuation assumptions.

0 views

Shared on 16 Apr 25

Fair value Increased 1.77%

AnalystConsensusTarget made no meaningful changes to valuation assumptions.

3 views

Shared on 09 Apr 25

AnalystConsensusTarget made no meaningful changes to valuation assumptions.

1 view

Shared on 02 Apr 25

Fair value Increased 5.30%

AnalystConsensusTarget made no meaningful changes to valuation assumptions.

3 views

Shared on 26 Mar 25

AnalystConsensusTarget made no meaningful changes to valuation assumptions.

0 views

Shared on 19 Mar 25

AnalystConsensusTarget made no meaningful changes to valuation assumptions.

0 views

Shared on 10 Mar 25

Fair value Increased 5.54%

AnalystConsensusTarget made no meaningful changes to valuation assumptions.

0 views

Data Center Demand And Industrial Efficiency Will Shape Performance Through 2027

AAON: Data Center Cooling Backlog Will Support Margins Despite Profitability Concerns

AAON: Data Center Cooling Strength Will Support Margins Despite Rubin Chip Concerns

AAON: Data Center Cooling Demand Will Support Margins Despite Rubin Chip Concerns

AAON: AI Infrastructure Demand Will Support Margins Despite Short Seller Concerns

AAON: Data Center Expansion Will Drive Long Term Margin Strength Despite Short Seller Pressure

AAON: Expanding Data Center Demand Will Lift Results Despite Margin Debate

AAON: Data Center Expansion Will Drive Results Amid Margin Uncertainty

Shared on 29 Oct 25

Shared on 15 Oct 25

Shared on 23 Sep 25

Shared on 04 Sep 25

Shared on 07 May 25

Shared on 30 Apr 25

Shared on 23 Apr 25

Shared on 16 Apr 25

Shared on 09 Apr 25

Shared on 02 Apr 25

Shared on 26 Mar 25

Shared on 19 Mar 25

Shared on 10 Mar 25

Fair Value vs Share Price

Recent News & Updates

Recent updates

Stay ahead on AAON

Company analysis

CEO & management