EPISODE · May 7, 2026 · 1 MIN
AAON Stock Soars on AI Cooling Demand
from The Daily News Now! Business
AAON stock soars, hitting an all-time high after a scorching earnings report. Revenue surged 54% YoY to $497M, beating expectations. Earnings per share jumped 37% to $0.48. The real boost comes from a massive order backlog of $2.1B, driven by data center contracts. Despite a slight margin dip, investors are pouring cash into the stock, driving shares up over 40%. AAON plans to expand capacity, aiming for $1B in Basics segment revenue by 2026 and over $2B in long-term capacity. Support the show:Get a discount at https://solipillow.com/discount/dnn. Advertise on DNN:[email protected] This is an automated, high-level news summary based on public reporting.Report issues to [email protected]. View sources & latest updates:https://sources.thednn.ai/8b756f04aa3fa2da
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AAON Stock Soars on AI Cooling Demand
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