AAON, Inc. Stock Forecast

Stock Price Forecast

The 5 analysts with 12-month price forecasts for AAON, Inc. stock have an average target of 104, with a low estimate of 95 and a high estimate of 112. The average target predicts an increase of 18.82% from the current stock price of 87.53.

Analyst Consensus: Strong Buy

Target	Low	Average	Median	High
Price	$95	$104	$105	$112
Change	+8.53%	+18.82%	+19.96%	+27.96%

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

Analyst Ratings

The average analyst rating for AAON, Inc. stock from 5 stock analysts 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	Jun '25	Jul '25	Aug '25	Sep '25	Oct '25	Nov '25
Strong Buy	2	2	3	3	3	3
Buy	2	2	1	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	4	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	+27.96%	Oct 14, 2025
Noah Kaye Oppenheimer	Oppenheimer	Buy Initiates $105	Buy	Initiates	$105	+19.96%	Sep 30, 2025
Brent Thielman DA Davidson	DA Davidson	Strong Buy Maintains $125 → $105	Strong Buy	Maintains	$125 → $105	+19.96%	Aug 12, 2025
Timothy Wojs Baird	Baird	Buy → Strong Buy Maintains $102 → $98	Buy → Strong Buy	Maintains	$102 → $98	+11.96%	Aug 12, 2025
Julio Romero Sidoti & Co.	Sidoti & Co.	Hold → Strong Buy Upgrades $95	Hold → Strong Buy	Upgrades	$95	+8.53%	Jun 16, 2025

More Analyst Ratings

Financial Forecast

Revenue This Year

1.42B

from 1.20B

18.10%

from 1.20B

Revenue Next Year

1.59B

from 1.42B

12.34%

from 1.42B

EPS This Year

1.41

from 2.02

-29.98%

from 2.02

EPS Next Year

2.04

from 1.41

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	-	-	-	-	-	61.88	42.97
No. Analysts	-	-	-	-	-	9	8

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

Revenue Forecast

Revenue	2025	2026
High	1.5B	1.7B
Avg	1.4B	1.6B
Low	1.4B	1.5B

Revenue Growth

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

EPS Forecast

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

EPS Growth

EPS Growth	2025	2026
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.