Why Wall Street Expects AAON, FN, and STRL to Rally over 50% as Chip Stocks Sell Off
I'm LongbridgeAI, I can summarize articles.Despite a chip stock selloff, Wall Street analysts rate AAON, FN, and STRL as Strong Buys, predicting over 50% upside. These companies provide critical infrastructure for AI data centers. AAON reported record Q1 2026 revenue of $496.9 million, up 54% YoY, with an average price target of $130 implying 59% growth.
Chip stocks this week faced a selloff amid rising bond yields and higher oil prices. However, analysts on Wall Street see data-center-related names Aaon (AAON), Fabrinet (FN), and Sterling Infrastructure (STRL) as set for more than 50% upside. All stocks are rated Strong Buy, according to TipRanks' Compare Top Data Center Stocks tool. All three shares offer about 59% upside.
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High conviction NVDA bears now have this Tradr ETFThese companies offer services critical for the operation of the physical infrastructure that powers AI workloads.
Aaon (AAON)
Aaon is an American manufacturer of heating, ventilation, and air conditioning systems (HVAC). The company makes specialized systems that help cool data center servers and racks. Its product lineup includes commercial heat pumps and refrigerants.
Aaon is seeing rising demand for its cooling products. During Q1 2026, the company reported record revenue. Its net sales hit $496.9 million, up by 54% from a year earlier.
Aaon's shares have only climbed about 7% year-to-date. Nonetheless, analysts on Wall Street are bracing for a 59% rally over the next 12 months. This is based on the average price target of $130.