AAPL
Apple Inc.
AAPL has the edge over CNXC overall, supported by stronger fundamentals and lower modeled downside.
CNXC
Concentrix Corporation
CNXC offers stronger valuation, 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.
CNXC Fundamentals
| Metric | Status |
|---|---|
| Stable | |
| Weak | |
| Healthy | |
| Under pressure |
CNXC's cash flow is currently healthy, and its revenue is stable, but its profitability and balance sheet are 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.
CNXC PE Valuation
CNXC has no meaningful PE right now: it lost money over the past year.
AAPL Forward outlook
| Metric | Outlook |
|---|---|
| Stable | |
| Growth | |
| Growth | |
| Weakening | |
| Moderate | |
| Moderate |
Analysts expect earnings and revenue growth for AAPL, but weaker profitability.
CNXC Forward outlook
| Metric | Outlook |
|---|---|
| -- | |
| Growth | |
| Stable | |
| Improving | |
| Limited | |
| Moderate |
Analysts expect CNXC's earnings to grow and its profitability to improve, with its revenue holding steady.
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 CNXC on earnings quality, reporting a profit while its opponent remains loss making.
CNXC Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Forward | $11.51 | — |
| Q3 2026 | -$38.42 | -912% |
| Q2 2026 | -$20.84 | -673% |
| Q1 2026 | -$21.07 | -628% |
| Q4 2025 | -$20.36 | -649% |
| Q3 2025 | $4.73 | +57% |
| Q2 2025 | $3.64 | -14% |
| Q1 2025 | $3.99 | -17% |
| Q4 2024 | $3.71 | -35% |
CNXC has swung to a loss: it lost $38.42 per share over the past year, after a profit 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 CNXC 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 CNXC on profitability, with a higher operating margin.
CNXC Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q3 2026 | $2.5B | -1.2% |
| Q2 2026 | $2.5B | +1.9% |
| Q1 2026 | $2.5B | +5.4% |
| Q4 2025 | $2.6B | +4.3% |
| Q3 2025 | $2.5B | +4% |
| Q2 2025 | $2.4B | +1.5% |
| Q1 2025 | $2.4B | -1.3% |
| Q4 2024 | $2.4B | +9.7% |
CNXC's revenue grew through 2024 and has held roughly level since: $2.5B last quarter, down 1.2% from the same quarter a year ago.
| Quarter | Margin | YoY |
|---|---|---|
| Q3 2026 | -37% | -43 points |
| Q2 2026 | 3.9% | -2.3 points |
| Q1 2026 | 4.7% | -2.4 points |
| Q4 2025 | -54% | -60 points |
| Q3 2025 | 5.9% | -0.5 points |
| Q2 2025 | 6.1% | -0.2 points |
| Q1 2025 | 7.1% | +0.9 points |
| Q4 2024 | 5.9% | -2.2 points |
CNXC's operating margin was −37% last quarter, down 43 points from the same quarter a year ago, near the bottom 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.
CNXC Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q3 2026 | $221.2M | +38% |
| Q2 2026 | $209.7M | +16% |
| Q1 2026 | -$137.1M | -$87.9M |
| Q4 2025 | $281.2M | +25% |
| Q3 2025 | $159.7M | +24% |
| Q2 2025 | $180.7M | +1.4% |
| Q1 2025 | -$49.2M | +$53.7M |
| Q4 2024 | $224.5M | +37% |
CNXC 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.
CNXC Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | +0.1% | +48K shares |
| 1 year | -2.9% | -1.8M shares |
| 3 years | +19% | +9.7M shares |
| 5 years | +17% | +8.8M shares |
| Available history | +19% | +9.8M shares |
CNXC has the edge over AAPL on shareholder dilution, with a more favorable share count trend.
| Quarter | Spent |
|---|---|
| Q3 2026 | — |
| Q2 2026 | — |
| Q1 2026 | $43.2M |
| Q4 2025 | $55.9M |
| Q3 2025 | $41.6M |
| Q2 2025 | $45.3M |
| Q1 2025 | $25.8M |
| Q4 2024 | $34.5M |
CNXC spent $99M buying back its own shares over the past year, down 33% 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's net debt is less than a year of its operating earnings (EBITDA).
CNXC Net Leverage
| Quarter | Net Leverage | Status |
|---|---|---|
| Q3 2025 | 3.5x | Elevated |
| Q2 2025 | 3.5x | Elevated |
| Q1 2025 | 3.9x | Elevated |
| Q4 2024 | 4.2x | High |
| Q3 2024 | 4.7x | High |
| Q2 2024 | 5.4x | High |
| Q1 2024 | 5.6x | High |
| Q4 2023 | 5.6x | High |
CNXC's net debt is about 3.5 years of its operating earnings (EBITDA), down from 4.7 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).
CNXC Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 56.3 | Neutral |
| Stochastic | 68.9 | Neutral |
CNXC's weekly RSI is 56 (neutral) and its Stochastic is 69 (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.
CNXC PE vs Technology Sector
| Metric | CNXC | Sector median | Relative |
|---|---|---|---|
| PE | N/A | 28x | — |
CNXC 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 CNXC on trend strength, trading above more of its moving averages.
CNXC Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $28.9 | 11% above |
| 20 week MA | $27.1 | 18% above |
| 50 week MA | $30.3 | 5.7% above |
| 100 week MA | $39.7 | 19% below |
| 200 week MA | $60.0 | 47% below |
CNXC has bounced recently, but its long-term trend is still down: it's above its 8-, 20- and 50-week averages, but 47% 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 CNXC on returns for 2026, with the stronger performance.
CNXC Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2020 | $80.0 | $99.9 | +25% |
| 2021 | $99.9 | $177.2 | +77% |
| 2022 | $177.2 | $129.6 | -27% |
| 2023 | $129.6 | $98.2 | -24% |
| 2024 | $98.2 | $44.4 | -55% |
| 2025 | $44.4 | $42.0 | -5.6% |
| 2026 YTD | $42.0 | $32.0 | -24% |
CNXC has finished four years in a row lower, and it's down 24% so far in 2026.