AAON, Inc. (AAON)

AAON, Inc. Stock Forecast

Stock Price Forecast

The 5 analysts that cover AAON, Inc. stock have a consensus rating of "Strong Buy" and an average price target of $104, which forecasts a 34.96% increase in the stock price over the next year. The lowest target is $95 and the highest is $112.

Price Target: $104 (+34.96%)

Analyst Consensus: Strong Buy

Target	Low	Average	Median	High
Price	$95	$104	$105	$112
Change	+23.28%	+34.96%	+36.26%	+45.34%

* Price targets were last updated on Oct 14, 2025.

Analyst Ratings

The average analyst rating for AAON, Inc. stock is "Strong Buy". This means that analysts believe this stock is likely to perform very well in the near future and significantly outperform the market.

Recommendation Trends

Rating	Jul '25	Aug '25	Sep '25	Oct '25	Nov '25	Dec '25
Strong Buy	2	3	3	3	3	3
Buy	2	1	2	2	2	2
Hold	0	0	0	0	0	0
Sell	0	0	0	0	0	0
Strong Sell	0	0	0	0	0	0
Total	4	4	5	5	5	5

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Noah Kaye Oppenheimer	Oppenheimer	Buy Maintains $105 → $112	Buy	Maintains	$105 → $112	+45.34%	Oct 14, 2025
Noah Kaye Oppenheimer	Oppenheimer	Buy Initiates $105	Buy	Initiates	$105	+36.26%	Sep 30, 2025
Brent Thielman DA Davidson	DA Davidson	Strong Buy Maintains $125 → $105	Strong Buy	Maintains	$125 → $105	+36.26%	Aug 12, 2025
Timothy Wojs Baird	Baird	Buy → Strong Buy Maintains $102 → $98	Buy → Strong Buy	Maintains	$102 → $98	+27.17%	Aug 12, 2025
Julio Romero Sidoti & Co.	Sidoti & Co.	Hold → Strong Buy Upgrades $95	Hold → Strong Buy	Upgrades	$95	+23.28%	Jun 16, 2025

More Analyst Ratings

Financial Forecast

Revenue This Year

1.42B

Increased by 18.10%

from 1.20B

Revenue Next Year

1.59B

Increased by 12.34%

from 1.42B

EPS This Year

1.41

Decreased by -29.98%

from 2.02

EPS Next Year

2.04

Increased by 44.03%

from 1.41

Fiscal Year	FY 2020	FY 2021	FY 2022	FY 2023	FY 2024	FY 2025	FY 2026
Period Ending	Dec 31, 2020	Dec 31, 2021	Dec 31, 2022	Dec 31, 2023	Dec 31, 2024	Dec 31, 2025	Dec 31, 2026
Revenue	514.55M	534.52M	888.79M	1.17B	1.20B	1.42B	1.59B
Revenue Growth	9.64%	3.88%	66.28%	31.47%	2.75%	18.10%	12.34%
EPS	0.99	0.73	1.24	2.13	2.02	1.41	2.04
EPS Growth	46.07%	-26.51%	69.86%	71.77%	-5.16%	-29.98%	44.03%
Forward PE	-	-	-	-	-	54.48	37.83
No. Analysts	-	-	-	-	-	9	8

Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue	2025	2026	2027	2028	2029
High	1.5B	1.7B
Avg	1.4B	1.6B
Low	1.4B	1.5B

Revenue Growth

Revenue Growth	2025	2026	2027	2028	2029
High	22.2%	16.9%
Avg	18.1%	12.3%
Low	12.8%	7.1%

EPS Forecast

EPS	2025	2026	2027	2028	2029
High	1.54	2.17
Avg	1.41	2.04
Low	1.25	1.89

EPS Growth

EPS Growth	2025	2026	2027	2028	2029
High	-23.6%	53.7%
Avg	-30.0%	44.0%
Low	-37.9%	33.9%

Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.