AAPL
Apple Inc.
AAPL has lower modeled downside risk, despite its lower overall score.
AIP
Arteris, Inc.
AIP has a slight edge over AAPL overall, supported by stronger valuation and stronger modeled upside.
AAPL Fundamentals
| Metric | Status |
|---|---|
| Healthy | |
| Strong | |
| Strong | |
| Strong |
AAPL's revenue, profitability, cash flow and balance sheet are all currently healthy.
AIP Fundamentals
| Metric | Status |
|---|---|
| Strong | |
| Weak | |
| Stable | |
| Unavailable |
AIP's revenue is currently strong, and its cash flow is stable, but its profitability is weak. There isn't enough data to rate its balance sheet.
AAPL PE Valuation
| Level | PE | Price | Vs current |
|---|---|---|---|
| Cheap | 26x | $230 | -35% |
| Fair | 31x | $279 | -21% |
| Expensive | 37x | $328 | -7.5% |
| Forward | 38x | $355 | — |
| Current | 40x | $355 | — |
Historical ranges are pointers, not guarantees.
AAPL's PE is in its expensive range at 40x. If earnings grow as analysts expect, today's price would be 38x next year's earnings.
AIP PE Valuation
AIP has no meaningful PE right now: it lost money over the past year. If it returns to profit as analysts expect, today's price would be 336x next year's earnings.
AAPL Forward outlook
| Metric | Outlook |
|---|---|
| Stable | |
| Growth | |
| Growth | |
| Weakening | |
| Moderate | |
| Moderate |
Analysts expect earnings and revenue growth for AAPL, but weaker profitability.
AIP Forward outlook
| Metric | Outlook |
|---|---|
| -- | |
| Returning to profit | |
| Strong growth | |
| Strongly improving | |
| Limited | |
| Low |
AIP has the edge over AAPL on the outlook, with more favorable profitability expectations.
AAPL Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Forward | $9.28 | +3.3% |
| Q3 2026 | $8.98 | +20% |
| Q2 2026 | $8.71 | +32% |
| Q1 2026 | $8.26 | +29% |
| Q4 2025 | $7.90 | +25% |
| Q3 2025 | $7.46 | +23% |
| Q2 2025 | $6.59 | +0.2% |
| Q1 2025 | $6.42 | -0.3% |
| Q4 2024 | $6.30 | -2% |
AAPL has the edge over AIP on earnings quality, reporting a profit while its opponent remains loss making.
AIP Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Forward | $0.06 | — |
| Q3 2026 | -$0.89 | -$0.07 |
| Q2 2026 | -$0.87 | -$0.06 |
| Q1 2026 | -$0.79 | +$0.02 |
| Q4 2025 | -$0.82 | +$0.04 |
| Q3 2025 | -$0.82 | +$0.13 |
| Q2 2025 | -$0.81 | +$0.17 |
| Q1 2025 | -$0.81 | +$0.21 |
| Q4 2024 | -$0.86 | +$0.17 |
AIP lost $0.89 per share over the past year, about the same as its loss the year before.
AAPL Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q3 2026 | $114.5B | +12% |
| Q2 2026 | $109.4B | +16% |
| Q1 2026 | $111.2B | +17% |
| Q4 2025 | $143.8B | +16% |
| Q3 2025 | $102.5B | +7.9% |
| Q2 2025 | $94B | +9.6% |
| Q1 2025 | $95.4B | +5.1% |
| Q4 2024 | $124.3B | +4% |
AAPL's revenue has grown year over year for 10 quarters in a row: $114B last quarter, up 12% from the same quarter a year ago.
| Quarter | Margin | YoY |
|---|---|---|
| Q3 2026 | 31% | -0.5 points |
| Q2 2026 | 33% | +2.6 points |
| Q1 2026 | 32% | +1.3 points |
| Q4 2025 | 35% | +0.9 points |
| Q3 2025 | 32% | +0.5 points |
| Q2 2025 | 30% | +0.4 points |
| Q1 2025 | 31% | +0.3 points |
| Q4 2024 | 34% | +0.7 points |
AAPL has the edge over AIP on profitability, with a higher operating margin.
AIP Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q3 2026 | $25.8M | +48% |
| Q2 2026 | $24.1M | +46% |
| Q1 2026 | $22.9M | +39% |
| Q4 2025 | $20.1M | +30% |
| Q3 2025 | $17.4M | +18% |
| Q2 2025 | $16.5M | +13% |
| Q1 2025 | $16.5M | +28% |
| Q4 2024 | $15.5M | +24% |
AIP has the edge over AAPL on sales, with stronger typical year-over-year growth.
| Quarter | Margin | YoY |
|---|---|---|
| Q3 2026 | -44% | +6.2 points |
| Q2 2026 | -58% | -7.7 points |
| Q1 2026 | -41% | +6.1 points |
| Q4 2025 | -42% | +3.8 points |
| Q3 2025 | -50% | +3.8 points |
| Q2 2025 | -50% | +1.1 points |
| Q1 2025 | -47% | +24 points |
| Q4 2024 | -46% | +28 points |
AIP's operating margin was −44% last quarter, up 6.2 points from the same quarter a year ago.
AAPL Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q3 2026 | $25.9B | -2.4% |
| Q2 2026 | $31.9B | +31% |
| Q1 2026 | $26.7B | +28% |
| Q4 2025 | $51.6B | +91% |
| Q3 2025 | $26.5B | +11% |
| Q2 2025 | $24.4B | -8.6% |
| Q1 2025 | $20.9B | +0.9% |
| Q4 2024 | $27B | -28% |
AAPL's free cash flow has been positive every quarter for seven years: $136B over the past year, up 38% from the year before.
AIP Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q3 2026 | -$2.1M | -186% |
| Q2 2026 | $8.6M | +$11.5M |
| Q1 2026 | -$7.4M | -375% |
| Q4 2025 | $3M | +$5.7M |
| Q3 2025 | $2.5M | +126% |
| Q2 2025 | -$2.8M | -1176% |
| Q1 2025 | $2.7M | +853% |
| Q4 2024 | -$2.7M | +$726K |
AIP's free cash flow has turned positive again: $2M over the past year, against −$372,000 the year before.
AAPL Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | 0% | +5.6M shares |
| 1 year | -1.9% | -284M shares |
| 3 years | -6.9% | -1.1B shares |
| 5 years | -13% | -2.1B shares |
| Available history | -17% | -3.1B shares |
AAPL has the edge over AIP on shareholder dilution, with a more favorable share count trend.
| Quarter | Spent |
|---|---|
| Q3 2026 | $24.3B |
| Q2 2026 | $25.1B |
| Q1 2026 | $12.3B |
| Q4 2025 | $24.7B |
| Q3 2025 | $20.1B |
| Q2 2025 | $21.1B |
| Q1 2025 | $25.9B |
| Q4 2024 | $23.6B |
AAPL spent $86.4B buying back its own shares over the past year, down 4.8% from the year before.
AIP Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | +4.5% | +2.1M shares |
| 1 year | +16% | +6.6M shares |
| 3 years | +37% | +13.4M shares |
| 5 years | +107% | +25.6M shares |
| Available history | +183% | +32M shares |
AIP has 49M diluted shares, up 16% from a year ago.
| Quarter | Spent |
|---|---|
| Q2 2021 | — |
| Q1 2021 | — |
| Q4 2020 | — |
| Q3 2020 | — |
| Q2 2020 | — |
| Q1 2020 | — |
AAPL Net Leverage
| Quarter | Net Leverage | Status |
|---|---|---|
| Q3 2026 | 0.3x | Very low |
| Q2 2026 | 0.3x | Very low |
| Q1 2026 | 0.2x | Very low |
| Q4 2025 | 0.3x | Very low |
| Q3 2025 | 0.4x | Very low |
| Q2 2025 | 0.5x | Very low |
| Q1 2025 | 0.5x | Very low |
| Q4 2024 | 0.5x | Very low |
AAPL's net debt is less than a year of its operating earnings (EBITDA).
AIP Net Leverage
AIP's operating earnings (EBITDA) were negative over the past year, so its debt can't be measured against them.
AAPL Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 68.1 | Neutral |
| Stochastic | 85.0 | Overbought |
AAPL's weekly RSI is 68 (neutral) and its Stochastic is 85 (overbought).
AIP Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 41.8 | Neutral |
| Stochastic | 15.5 | Oversold |
AIP's weekly RSI is 42 (neutral) and its Stochastic is 16 (oversold).
AAPL PE vs Technology Sector
| Metric | AAPL | Sector median | Relative |
|---|---|---|---|
| PE | 40x | 28x | 42% above |
| PE % | 96 | 35 | 61 pts above |
AAPL is trading at 40x earnings, a 42% premium to the Technology sector's median of 28x.
AIP PE vs Technology Sector
AIP has no meaningful PE right now: it lost money over the past year.
AAPL Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $343.1 | 3.4% above |
| 20 week MA | $329.0 | 7.9% above |
| 50 week MA | $295.6 | 20% above |
| 100 week MA | $262.4 | 35% above |
| 200 week MA | $226.3 | 57% above |
AAPL has the edge over AIP on trend strength, trading above more of its moving averages.
AIP Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $20.7 | 2.5% below |
| 20 week MA | $24.9 | 19% below |
| 50 week MA | $23.6 | 15% below |
| 100 week MA | $16.6 | 21% above |
| 200 week MA | $11.6 | 73% above |
AIP has pulled back, but its long-term trend is still up: it's below its 8-, 20- and 50-week averages, but 73% above its 200-week average.
AAPL Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2020 | $72.5 | $132.0 | +82% |
| 2021 | $132.0 | $176.3 | +34% |
| 2022 | $176.3 | $131.9 | -25% |
| 2023 | $131.9 | $192.5 | +46% |
| 2024 | $192.5 | $255.6 | +33% |
| 2025 | $255.6 | $273.4 | +7% |
| 2026 YTD | $273.4 | $354.9 | +30% |
AAPL has the edge over AIP on returns for 2026, with the stronger performance.
AIP Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2021 | $22.4 | $20.9 | -6.4% |
| 2022 | $20.9 | $4.29 | -80% |
| 2023 | $4.29 | $5.89 | +37% |
| 2024 | $5.89 | $10.3 | +74% |
| 2025 | $10.3 | $15.9 | +55% |
| 2026 YTD | $15.9 | $20.2 | +27% |
AIP has finished higher in three of the last five years, two of them by more than 50%. It's up 27% so far in 2026.