AAPL
Apple Inc.
AAPL has lower modeled downside risk, despite its lower overall score.
BLKB
Blackbaud, Inc.
BLKB has the edge over AAPL overall, supported by stronger valuation.
AAPL Fundamentals
| Metric | Status |
|---|---|
| Healthy | |
| Strong | |
| Strong | |
| Strong |
AAPL's revenue, profitability, cash flow and balance sheet are all currently healthy.
BLKB Fundamentals
| Metric | Status |
|---|---|
| Stable | |
| Strong | |
| Strong | |
| Under pressure |
BLKB's profitability and cash flow are currently strong, and its revenue is stable, but its balance sheet is under pressure.
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.
BLKB PE Valuation
| Level | PE | Price | Vs current |
|---|---|---|---|
| Forward | 9.3x | $53.56 | — |
| Cheap | 17x | $54.16 | +1.1% |
| Current | 17x | $53.56 | — |
| Fair | 142x | $460 | +758% |
| Expensive | 477x | $1,540 | +2774% |
Historical ranges are pointers, not guarantees.
BLKB has the edge over AAPL in the historical PE scenario, which offers more potential upside but is not a forecast.
AAPL Forward outlook
| Metric | Outlook |
|---|---|
| Stable | |
| Growth | |
| Growth | |
| Weakening | |
| Moderate | |
| Moderate |
Analysts expect earnings and revenue growth for AAPL, but weaker profitability.
BLKB Forward outlook
| Metric | Outlook |
|---|---|
| Strongly improving | |
| Growth | |
| Growth | |
| Strongly improving | |
| Limited | |
| High |
BLKB 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 BLKB on earnings, with more consistent year-over-year improvement.
BLKB Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Forward | $5.79 | +79% |
| Q3 2026 | $3.23 | +$8.13 |
| Q2 2026 | $3.19 | +$8.67 |
| Q1 2026 | $2.94 | +$8.54 |
| Q4 2025 | $2.37 | +$7.97 |
| Q3 2025 | -$4.90 | -580% |
| Q2 2025 | -$5.48 | -794% |
| Q1 2025 | -$5.60 | -1466% |
| Q4 2024 | -$5.60 | -18767% |
BLKB has returned to profit: it earned $3.23 per share over the past year, after losing money 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 has the edge over BLKB on sales, with more consistent year-over-year improvement.
| 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 BLKB on profitability, with a higher operating margin.
BLKB Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q3 2026 | $292.6M | +4.1% |
| Q2 2026 | $290.6M | +3.3% |
| Q1 2026 | $281.1M | +3.9% |
| Q4 2025 | $295.3M | -2.3% |
| Q3 2025 | $281.1M | -1.9% |
| Q2 2025 | $281.4M | -2.1% |
| Q1 2025 | $270.7M | -3.1% |
| Q4 2024 | $302.2M | +2.4% |
BLKB's revenue grew through 2023 and has held roughly level since: $293M last quarter, up 4.1% from the same quarter a year ago.
| Quarter | Margin | YoY |
|---|---|---|
| Q3 2026 | 20% | +1.1 points |
| Q2 2026 | 21% | +1.2 points |
| Q1 2026 | 18% | +11 points |
| Q4 2025 | 20% | +142 points |
| Q3 2025 | 19% | +4.1 points |
| Q2 2025 | 20% | +5.5 points |
| Q1 2025 | 7.5% | +3.7 points |
| Q4 2024 | -121% | -132 points |
BLKB's operating margin was 20% last quarter, up 1.1 points from the same quarter a year ago, near the top of its range since 2019.
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.
BLKB Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q3 2026 | $138.5M | +2% |
| Q2 2026 | $88.6M | +34% |
| Q1 2026 | $49.8M | +7013% |
| Q4 2025 | $55M | -25% |
| Q3 2025 | $135.7M | +32% |
| Q2 2025 | $66.3M | +38% |
| Q1 2025 | $700K | -99% |
| Q4 2024 | $73.4M | +$77.2M |
BLKB has the edge over AAPL on cash flow, with more consistent year-over-year improvement.
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 14.7B diluted shares, down 1.9% from a year ago, with $86.4B in buybacks over the past year.
| 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.
BLKB Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | +0.2% | +77.3K shares |
| 1 year | -7.3% | -3.5M shares |
| 3 years | -17% | -9.1M shares |
| 5 years | -6.9% | -3.3M shares |
| Available history | -6.9% | -3.4M shares |
BLKB has the edge over AAPL on shareholder dilution, with a more favorable share count trend.
| Quarter | Spent |
|---|---|
| Q3 2026 | $18.3M |
| Q2 2026 | $29.5M |
| Q1 2026 | $82.1M |
| Q4 2025 | $83.8M |
| Q3 2025 | $30.1M |
| Q2 2025 | $3.2M |
| Q1 2025 | $100M |
| Q4 2024 | $92.6M |
BLKB spent $214M buying back its own shares over the past year, down 5.4% 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 BLKB on leverage, with a lower net debt burden relative to earnings.
BLKB Net Leverage
| Quarter | Net Leverage | Status |
|---|---|---|
| Q3 2026 | 3.2x | Elevated |
| Q2 2026 | 3.6x | Elevated |
| Q1 2026 | 3.8x | Elevated |
| Q4 2025 | 3.9x | Elevated |
| Q3 2024 | 3.9x | Elevated |
| Q2 2024 | 4.4x | High |
| Q1 2024 | 5.7x | High |
| Q4 2023 | 4.9x | High |
BLKB's net debt is about 3.2 years of its operating earnings (EBITDA), down from 3.9 years 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).
BLKB Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 63.8 | Neutral |
| Stochastic | 79.9 | Neutral |
BLKB's weekly RSI is 64 (neutral) and its Stochastic is 80 (neutral).
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.
BLKB PE vs Technology Sector
| Metric | BLKB | Sector median | Relative |
|---|---|---|---|
| PE | 17x | 28x | 40% below |
| PE % | 16 | 35 | 19 pts below |
BLKB has the edge over AAPL on valuation relative to its sector.
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 BLKB on trend strength, trading above more of its moving averages.
BLKB Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $49.9 | 7.4% above |
| 20 week MA | $44.5 | 20% above |
| 50 week MA | $44.5 | 20% above |
| 100 week MA | $55.2 | 2.9% below |
| 200 week MA | $64.9 | 17% below |
BLKB has bounced recently, but its long-term trend is still down: it's above its 8-, 20- and 50-week averages, but 17% below 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 BLKB on returns for 2026, with the stronger performance.
BLKB Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2020 | $78.6 | $58.9 | -25% |
| 2021 | $58.9 | $81.6 | +39% |
| 2022 | $81.6 | $58.3 | -29% |
| 2023 | $58.3 | $86.7 | +49% |
| 2024 | $86.7 | $74.9 | -14% |
| 2025 | $74.9 | $64.2 | -14% |
| 2026 YTD | $64.2 | $53.6 | -17% |
BLKB has finished lower in four of the last six years. It's down 17% so far in 2026.