02:00 PM EDT, 06/10/2025 (MT Newswires) -- AAON ( AAON ) shares were down over 14% in recent Tuesday trading, even as the company affirmed its three-year growth targets.

The company told participants at its investor day presentation that it expects three-year organic sales to grow at a compound annual growth rate of over 12.5%.

The company's AAON brand is expected to grow in mid-single digits while BASX is expected to grow 40% from levels in 2024, according to the company's presentation slides.

Also, the company affirmed its outlook that gross margin should land in the 32% to 35% range.

Price: 80.35, Change: -13.62, Percent Change: -14.49