AAPL
Apple Inc.
AAPL has a slight edge over ATEN overall, supported by stronger valuation and stronger fundamentals.
ATEN
A10 Networks, Inc.
ATEN offers stronger modeled upside, but that advantage does not outweigh its weaker overall profile.
AAPL Fundamentals
| Metric | Status |
|---|---|
| Healthy | |
| Strong | |
| Strong | |
| Strong |
AAPL's revenue, profitability, cash flow and balance sheet are all currently healthy.
ATEN Fundamentals
| Metric | Status |
|---|---|
| Healthy | |
| Healthy | |
| Strong | |
| Stable |
ATEN's revenue, profitability and cash flow are currently healthy, and its balance sheet is stable.
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 has the edge over ATEN in the historical PE scenario, which offers more potential upside but is not a forecast.
ATEN PE Valuation
| Level | PE | Price | Vs current |
|---|---|---|---|
| Cheap | 18x | $11.50 | -61% |
| Forward | 24x | $29.30 | — |
| Fair | 26x | $16.77 | -43% |
| Current | 45x | $29.30 | — |
| Expensive | 47x | $30.25 | +3.2% |
Historical ranges are pointers, not guarantees.
ATEN's PE is in its expensive range at 45x. If earnings grow as analysts expect, today's price would be 24x next year's earnings, in its cheap range.
AAPL Forward outlook
| Metric | Outlook |
|---|---|
| Stable | |
| Growth | |
| Growth | |
| Weakening | |
| Moderate | |
| Moderate |
Analysts expect earnings and revenue growth for AAPL, but weaker profitability.
ATEN Forward outlook
| Metric | Outlook |
|---|---|
| Strongly improving | |
| Strong growth | |
| Growth | |
| Improving | |
| Limited | |
| High |
ATEN has the edge over AAPL on the outlook, with more favorable valuation and 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 ATEN on earnings, with more consistent year-over-year improvement.
ATEN Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Forward | $1.20 | +85% |
| Q3 2026 | $0.65 | -4.4% |
| Q2 2026 | $0.59 | -13% |
| Q1 2026 | $0.61 | -9% |
| Q4 2025 | $0.57 | -15% |
| Q3 2025 | $0.68 | +1.5% |
| Q2 2025 | $0.68 | +15% |
| Q1 2025 | $0.67 | +9.8% |
| Q4 2024 | $0.67 | +26% |
ATEN's earnings per share have fallen from their peak: $0.65 over the past year, against $1.28 in mid-2022.
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 ATEN on profitability, with a higher operating margin.
ATEN Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q3 2026 | $91.5M | +23% |
| Q2 2026 | $80.1M | +15% |
| Q1 2026 | $75M | +13% |
| Q4 2025 | $80.4M | +8.3% |
| Q3 2025 | $74.7M | +12% |
| Q2 2025 | $69.4M | +15% |
| Q1 2025 | $66.1M | +9% |
| Q4 2024 | $74.2M | +5.4% |
ATEN has the edge over AAPL on sales, with stronger typical year-over-year growth.
| Quarter | Margin | YoY |
|---|---|---|
| Q3 2026 | 20% | +2.6 points |
| Q2 2026 | 11% | -3.6 points |
| Q1 2026 | 17% | +4.1 points |
| Q4 2025 | 19% | -6.1 points |
| Q3 2025 | 17% | +1.7 points |
| Q2 2025 | 15% | +1.7 points |
| Q1 2025 | 13% | +1.4 points |
| Q4 2024 | 25% | -0.8 points |
ATEN's operating margin was 20% last quarter, up 2.6 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.
ATEN Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q3 2026 | $30.7M | +70% |
| Q2 2026 | $27.5M | +53% |
| Q1 2026 | -$689K | -105% |
| Q4 2025 | $16M | -31% |
| Q3 2025 | $18.1M | +8.5% |
| Q2 2025 | $17.9M | +106% |
| Q1 2025 | $12.7M | -57% |
| Q4 2024 | $23.3M | +$23.7M |
ATEN generated $74M in free cash flow over the past year, up 2.1% from 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 ATEN 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.
ATEN Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | +0.1% | +51K shares |
| 1 year | +3.6% | +2.7M shares |
| 3 years | -0.1% | -105K shares |
| 5 years | -5.3% | -4.2M shares |
| Available history | -0.5% | -378K shares |
ATEN has 76M diluted shares, up 3.6% from a year ago, despite $35M in buybacks over the past year.
| Quarter | Spent |
|---|---|
| Q3 2026 | $23M |
| Q2 2026 | $2.4M |
| Q1 2026 | $2.5M |
| Q4 2025 | $6.9M |
| Q3 2025 | $11M |
| Q2 2025 | $3.9M |
| Q1 2025 | $47M |
| Q4 2024 | $5.8M |
ATEN spent $35M buying back its own shares over the past year, down 49% from the year before.
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 has the edge over ATEN on leverage, with a lower net debt burden relative to earnings.
ATEN Net Leverage
| Quarter | Net Leverage | Status |
|---|---|---|
| Q3 2026 | 2.0x | Healthy |
| Q2 2026 | -0.8x | Net Cash |
| Q1 2026 | 2.4x | Moderate |
| Q4 2025 | 2.4x | Moderate |
| Q3 2025 | 2.1x | Moderate |
| Q2 2025 | -0.6x | Net Cash |
| Q1 2025 | -0.5x | Net Cash |
| Q4 2024 | -1.7x | Net Cash |
ATEN's net debt is about 2.0 years of its operating earnings (EBITDA), about the same as a year ago.
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).
ATEN Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 55.7 | Neutral |
| Stochastic | 41.5 | Neutral |
ATEN's weekly RSI is 56 (neutral) and its Stochastic is 41 (neutral).
AAPL PE vs Technology Sector
| Metric | AAPL | Sector median | Relative |
|---|---|---|---|
| PE | 40x | 28x | 42% above |
| PE % | 96 | 35 | 61 pts above |
AAPL has the edge over ATEN on valuation relative to its sector.
ATEN PE vs Technology Sector
| Metric | ATEN | Sector median | Relative |
|---|---|---|---|
| PE | 45x | 28x | 62% above |
| PE % | 80 | 35 | 45 pts above |
ATEN is trading at 45x earnings, a 62% premium to the Technology sector's median of 28x.
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 is in an uptrend: it's above all five of its weekly moving averages, and 57% above its 200-week average.
ATEN Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $26.4 | 11% above |
| 20 week MA | $28.3 | 3.5% above |
| 50 week MA | $25.3 | 16% above |
| 100 week MA | $21.7 | 35% above |
| 200 week MA | $17.9 | 64% above |
ATEN is in an uptrend: it's above all five of its weekly moving averages, and 64% 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 finished higher in five of the last six years. It's up 30% so far in 2026.
ATEN Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2020 | $6.86 | $9.96 | +45% |
| 2021 | $9.96 | $16.3 | +63% |
| 2022 | $16.3 | $17.0 | +4.7% |
| 2023 | $17.0 | $13.2 | -23% |
| 2024 | $13.2 | $18.6 | +41% |
| 2025 | $18.6 | $18.1 | -2.7% |
| 2026 YTD | $18.1 | $29.3 | +62% |
ATEN has the edge over AAPL on returns for 2026, with the stronger performance.