AAON Inc (AAON) Hits 52-Week High as Revenues Soar by Double-Digits

AAON Inc (AAON) Hits 52-Week High as Revenues Soar by Double-Digits


AAON Inc. (NASDAQ:AAON) is one of the 10 Stocks Outperforming Wall Street With Monster Returns.

AAON climbed to a new 52-week high on Thursday, as investors snapped up shares after posting a high double-digit revenue growth in the first quarter of 2026 and an upbeat outlook for the full-year period.

At intra-day trading, AAON Inc. (NASDAQ:AAON) climbed to its highest price of $148.88 before trimming gains to end the session just up by 31.49 percent at $129.25 apiece.

AAON Inc (AAON) Hits 52-Week High as Revenues Soar by Double-Digits

Photo by Alesia Kozik on Pexels

This followed its earnings call in the first three months of the year, where it delivered a 54.3 percent jump in net sales to $496.9 million from $322.1 million in the same period last year, driven by strong demand across AAON and BASX brands, helped by ramped-up production.

Net income, on the other hand, increased by 35.9 percent to $39.8 million from $29.29 million in the same comparable period.

Looking ahead, AAON Inc. (NASDAQ:AAON) is upbeat about its outlook for 2026, with revenues expected to jump by 40 to 45 percent and gross margins by 27 to 28 percent, supported by a 107.4 percent increase in backlogs to a record of $2.1 billion.

The company said that the strong demand was driven by continued strength from the data center market.

While we acknowledge the potential of AAON as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you’re looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock.

READ NEXT: 33 Stocks That Should Double in 3 Years and Cathie Wood 2026 Portfolio: 10 Best Stocks to Buy. 

Disclosure: None. Follow Insider Monkey on Google News.


finance.yahoo.com
#AAON #AAON #Hits #52Week #High #Revenues #Soar #DoubleDigits

Share: X · Facebook · LinkedIn

Leave a Reply

Your email address will not be published. Required fields are marked *