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AAON shifts focus to AI data center cooling, raising 2026 growth and margin forecasts.

Analyst Insights
19 Jun 2026
Seeking Alpha
View Source
Bullish
pluang ai news

AAON is evolving from a niche HVAC manufacturer into a key supplier of thermal infrastructure for AI data centers, driven by its acquisition of BASX. The BASX backlog jumped 160% year-over-year to $1.62 billion, setting the stage for rapid revenue growth. Management has raised its 2026 revenue growth guidance to 40%-45% and expects gross margins of 27%-28%, despite some near-term margin pressure from capacity expansion. This transition positions AAON strongly in the growing AI infrastructure market with robust demand and a competitive advantage.

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Investec Bank discloses share dealings in Advanced Medical Solutions Group on June 18, 2026.

Investec Bank discloses share dealings in Advanced Medical Solutions Group on June 18, 2026.

Investec Bank plc, acting as advisor and joint broker to Advanced Medical Solutions Group plc, disclosed its share transactions on June 18, 2026. The bank purchased 109,174 ordinary shares at prices between 227 and 229, and sold 59,174 shares at pric...

Market News
Neutral
39 minutes ago
ISS announces Capital Markets Day on Sept 14 to share strategy and growth plans.

ISS announces Capital Markets Day on Sept 14 to share strategy and growth plans.

ISS A/S will hold its Capital Markets Day on September 14, 2026, in Copenhagen, where executive management will present the company's strategy, commercial progress, and plans for long-term value creation. The event will feature presentations from key...

Market News
Bullish
1 hour ago
BingX launches Ultra TradingView, enhancing pro crypto trading with advanced chart tools and mobile support.

BingX launches Ultra TradingView, enhancing pro crypto trading with advanced chart tools and mobile support.

BingX, a leading crypto exchange, has launched Ultra TradingView, a major upgrade to its trading platform offering advanced chart-based trading, professional analysis tools, and seamless order management within a single interface. This upgrade allows...

Others
Bullish
2 hours ago
SRAM and ROM Design IP market to reach $784.47M by 2035, driven by AI and advanced semiconductor demand.

SRAM and ROM Design IP market to reach $784.47M by 2035, driven by AI and advanced semiconductor demand.

The global SRAM and ROM Design IP market is projected to grow from $644.97 million in 2025 to $784.47 million by 2035, with a CAGR of 1.98%. Growth is fueled by rising demand for AI, chiplet architectures, and advanced semiconductor memory solutions,...

Market News
Bullish
2 hours ago
Shin-Etsu Chemical stays a buy as new rare earth refinery boosts growth and PVC price risks ease.

Shin-Etsu Chemical stays a buy as new rare earth refinery boosts growth and PVC price risks ease.

Shin-Etsu Chemical remains a recommended buy following its proposal to build a rare earth refinery, which is expected to add value thanks to government subsidies covering half the capital expenditure. The new facility strengthens the company's supply...

Market News
Bullish
4 hours ago
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