Aaon Inc (NASDAQ:AAON) on Monday reported better-than-expected second-quarter financial results and raised its FY26 sales guidance above estimates.

AAON reported quarterly earnings of 69 cents per share which beat the analyst consensus estimate of 51 cents per share. The company reported quarterly sales of $626.976 million which beat the analyst consensus estimate of $491.528 million.

The company raised its FY2026 sales guidance from $2.019 billion-$2.091 billion to $2.235 billion-$2.307 billion.

“Our second quarter results demonstrate the continued strength of demand for our solutions and the progress we are making scaling the company to meet that demand,” said Matt Tobolski, President and CEO of AAON. “Net sales increased 101.2% to a fourth consecutive quarterly record, operating income increased 192.1%, and diluted EPS increased 257.9%, reflecting the power of higher throughput, strong backlog conversion, and continued execution across the business.”

AAON shares gained 1.3% to trade at $90.38 on Tuesday.

These analysts made changes to their price targets on AAON following earnings announcement.

  • Baird analyst Timothy Wojs maintained the stock with an Outperform rating and lowered the price target from $150 to $135.
  • Oppenheimer analyst Noah Kaye maintained the stock with an Outperform rating and lowered the price target from $145 to $125.

Considering buying AAON stock? Here’s what analysts think:

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