$77.02-2.38 (-3.00%)
AAON, Inc., together with its subsidiaries, engages in engineering, manufacturing, marketing, and selling air conditioning and heating equipment in the United States and Canada.
AAON, Inc. in the Industrials sector is trading at $77.02 with a market capitalization of $11.0B. Wall Street consensus targets $143.00 (3 analysts), implying a +85.7% move over the next 12 months. The stock is currently near its 52-week low of $73.19, remaining 21.6% below its 200-day moving average. On fundamentals, Piotroski 2/9 flags weak fundamentals, Altman Z in the safe zone. The Whystock Score of 65/100 suggests a balanced risk-reward profile.
| Metric (USD) | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 |
|---|---|---|---|---|---|
| Total Revenue | $496.94M↑ | $424.22M↑ | $384.24M↑ | $311.57M↓ | $322.05M |
| Gross Profit | $124.97M↑ | $109.77M↑ | $106.86M↑ | $82.73M↓ | $86.36M |
| Operating Income | $57.06M↑ | $43.96M↑ | $43.63M↑ | $26.99M↓ | $37.77M |
| Net Income | $39.81M↑ | $32.03M↑ | $30.78M↑ | $15.49M↓ | $29.29M |
AAON, Inc., together with its subsidiaries, engages in engineering, manufacturing, marketing, and selling air conditioning and heating equipment in the United States and Canada. The company operates through three segments: AAON Oklahoma, AAON Coil Pr...

Let’s dig into the relative performance of AAON (NASDAQ:AAON) and its peers as we unravel the now-completed Q2 hvac and water systems earnings season.

Even if they go mostly unnoticed, industrial businesses are the backbone of our country. But they are at the whim of volatile macroeconomic factors that influence capital spending (like interest rates), and the market seems convinced that demand will slow. Due to this bearish outlook, the industry has tumbled by 3% over the past six months. This performance is a stark contrast from the S&P 500’s 12.3% gain.

AAON’s stock price has taken a beating over the past six months, shedding 24.7% of its value and falling to $78.88 per share. This may have investors wondering how to approach the situation.

While some companies burn cash to fuel expansion, others struggle to turn spending into sustainable growth. A high cash burn rate without a strong balance sheet can leave investors exposed to significant downside.

A number of stocks fell in the afternoon session after trade negotiations between the United States and Canada broke down, sparking concerns over new 50% tariffs and retaliatory trade measures.