Assessing AAON (AAON) Valuation After Record Revenue And Data Center Backlog Growth

Simply Wall St.

Mar 09

AAON (AAON) is back in focus after reporting record quarterly revenue, strong backlog growth in its BASX data center segment, and issuing fresh 2026 guidance that points to continued double digit top ...

Source Link

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Most Discussed

{"basename":"","ssrTDKData":{"titleTemplate":"%s - Tiger Brokers","title":"Tiger Brokers | Global Stocks, Options & Futures Trading App","description":"Tiger Brokers, one-stop investment in US stocks, SGX stocks, HK stocks, A-shares & other global assets. One of the best stock trading platforms in Singapore.","keywords":"tiger brokers,tiger trade,tiger brokers singapore,broker online,stock trading in singapore,share trading singapore,brokerage firm singapore,trading app,stock broker singapore,stock trading platforms,trading account","social":{"ogDescription":"Tiger Brokers, one-stop investment in US stocks, SGX stocks, HK stocks, A-shares & other global assets. One of the best stock trading platforms in Singapore.","ogImage":"https://c1.itigergrowtha.com/portal5/static/media/og-logo.be62fbe1.png","ogUrl":"https://www-web.itiger.com/news/2618271216"},"companyName":"Tiger Brokers"},"pageData":{"isMobile":false,"isTiger":false,"isTTM":true,"region":"SGP","license":"TBSG","edition":"fundamental"},"isCrawlerRequest":true,"__swrFallback__":{"@#url:\"https://stock-news.skytigris.cn/v3/news\",params:#id:\"2618271216\",edition:\"fundamental\",auth_exemption:1,,,undefined,":{"share":"https://ttm.financial/m/news/2618271216?lang=en_US&edition=fundamental","thumbnail":"https://images.simplywall.st/asset/industry/3031000-choice2-main-header/1585186655644","is_english":true,"pubTime":"2026-03-09 22:16","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"2618271216","market":"sg","top_or_hot":-1,"title":"Assessing AAON (AAON) Valuation After Record Revenue And Data Center Backlog Growth","media":"Simply Wall St.","content":"<div>\n<p>AAON (AAON) is back in focus after reporting record quarterly revenue, strong backlog growth in its BASX data center segment, and issuing fresh 2026 guidance that points to continued double digit top ...</p>\n\n<a href=\"https://simplywall.st/stocks/us/capital-goods/nasdaq-aaon/aaon/news/assessing-aaon-aaon-valuation-after-record-revenue-and-data\">Source Link</a>\n\n</div>\n","source":"simplywall_highlight","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Assessing AAON (AAON) Valuation After Record Revenue And Data Center Backlog Growth</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nAssessing AAON (AAON) Valuation After Record Revenue And Data Center Backlog Growth\n</h2>\n\n<h4 class=\"meta\">\n\n\n2026-03-09 22:16 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://simplywall.st/stocks/us/capital-goods/nasdaq-aaon/aaon/news/assessing-aaon-aaon-valuation-after-record-revenue-and-data><strong>Simply Wall St.</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>AAON (AAON) is back in focus after reporting record quarterly revenue, strong backlog growth in its BASX data center segment, and issuing fresh 2026 guidance that points to continued double digit top ...</p>\n\n<a href=\"https://simplywall.st/stocks/us/capital-goods/nasdaq-aaon/aaon/news/assessing-aaon-aaon-valuation-after-record-revenue-and-data\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"AAON","symbol_name":"艾伦建材","start_time":0,"source_url":"https://simplywall.st/stocks/us/capital-goods/nasdaq-aaon/aaon/news/assessing-aaon-aaon-valuation-after-record-revenue-and-data","article_id":"2618271216","we_media_id":null,"thumbnails":["https://images.simplywall.st/asset/industry/3031000-choice2-main-header/1585186655644"],"rights":{"source":"simplywall_highlight","url":"https://simplywall.st/stocks/us/capital-goods/nasdaq-aaon/aaon/news/assessing-aaon-aaon-valuation-after-record-revenue-and-data","rn_cache_url":null,"directOrigin":true},"url":"https://stock-news.laohu8.com/highlight/detail?id=2618271216","pubTimestamp":1773065812,"columns":[],"sourceInfo":{"source_id":"simplywall_highlight","name":"Simply Wall St."},"weMediaInfo":null,"summary":"AAON (AAON) is back in focus after reporting record quarterly revenue, strong backlog growth in its BASX data center segment, and issuing fresh 2026 guidance that points to continued double digit top line expansion.\nSee our latest analysis for AAON.\nDespite the record revenue update and new product progress, AAON’s recent 7 day share price return of 15.66% and 1 day move of a 4.40% decline suggest momentum has cooled, even as the 1 year total shareholder return of 11.21% and 3 year total...","collect":0,"end_time":0,"defaultTopTitle":"simplywall.st","property":["earning"],"viewcount":null,"language":"en","relate_stocks":{"AAON":"艾伦建材","LYY.SI":"中云集团"},"translate_title":"在创纪录的收入和数据中心积压增长后评估AAON(AAON)的估值","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"LYY.SI":1.5,"AAON":1.5},"content_text":"AAON (AAON) is back in focus after reporting record quarterly revenue, strong backlog growth in its BASX data center segment, and issuing fresh 2026 guidance that points to continued double digit top line expansion. See our latest analysis for AAON. Despite the record revenue update and new product progress, AAON’s recent 7 day share price return of 15.66% and 1 day move of a 4.40% decline suggest momentum has cooled, even as the 1 year total shareholder return of 11.21% and 3 year total shareholder return of 52.48% point to a stronger longer term picture. If this HVAC and data center story has your attention, it could be a good moment to look at other power infrastructure themes using our screener of 23 power grid technology and infrastructure stocks. With AAON trading at US$88.33, sitting at an intrinsic discount of about 17% and a sizeable gap to the average analyst target, the key question is whether this indicates a genuine opportunity or a market that has already factored in future growth. AdvertisementMost Popular Narrative: 26.5% Undervalued On the most followed narrative, AAON’s fair value of $120.25 sits well above the last close of $88.33, putting the company’s long term data center and HVAC growth story under the microscope.  Rapid growth in the data center market, driven by demand for advanced cooling solutions (liquid cooling, custom chillers), is fueling significant BasX brand order wins and partnerships (such as Applied Digital), positioning AAON to capitalize on long-term technology and infrastructure spending. (Impacts revenue and earnings)  Read the complete narrative. Curious what has to happen in data centers and high efficiency HVAC for that valuation to make sense? Revenue, earnings, and margins all play a crucial part in this narrative. The assumptions tie AAON to growth rates and profitability levels that are far from conservative. If you want to see exactly how those moving parts stack up against the $120.25 fair value, the full narrative lays it out in black and white. Result: Fair Value of $120.25 (UNDERVALUED) Have a read of the narrative in full and understand what's behind the forecasts. However, this depends on AAON managing its ERP rollout and new facilities without prolonged disruption, and on data center cooling demand holding up if chip designs shift. Find out about the key risks to this AAON narrative. Another View: High P/E Puts The Spotlight On Expectations That 26.5% undervaluation story sits uncomfortably next to AAON’s current P/E of 66.9x. This is far above the US Building industry at 21.3x, its peer average at 46.9x, and even our fair ratio of 43.6x. If the market drifts toward that fair ratio, how much patience will investors really have? See what the numbers say about this price — find out in our valuation breakdown. NasdaqGS:AAON P/E Ratio as at Mar 2026Next Steps If this mix of optimism and concern feels familiar, it is a good time to look at the numbers yourself, weigh the trade offs, and see how our view of 3 key rewards and 3 important warning signs lines up with your own. Ready for more investment ideas? If this AAON story has you thinking more broadly about your portfolio, do not stop here. The next idea you review could change your whole watchlist.  Target quality at a discount by checking companies our screener flags as 50 high quality undervalued stocks that may pair solid fundamentals with appealing prices. Strengthen your income stream by reviewing businesses with resilient payouts in our list of 16 dividend fortresses that could complement growth focused holdings. Prioritize resilience by scanning companies in our 66 resilient stocks with low risk scores that score well on stability so you are not relying on one story alone.   This article by Simply Wall St is general in nature. We provide commentary based on historical data\n    and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your\n    financial situation. We aim to bring you long-term focused analysis driven by fundamental data.\n    Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material.\n    Simply Wall St has no position in any stocks mentioned.New: Manage All Your Stock Portfolios in One PlaceWe've created the ultimate portfolio companion for stock investors, and it's free.• Connect an unlimited number of Portfolios and see your total in one currency• Be alerted to new Warning Signs or Risks via email or mobile• Track the Fair Value of your stocksTry a Demo Portfolio for FreeHave feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team@simplywallst.com","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"1","news_tag":"dataReport","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":false,"code":"91000000","status":"200"}}}