AAPL
Apple Inc.
AAPL has lower modeled downside risk, despite its lower overall score.
COHU
Cohu, Inc.
COHU has the 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.
COHU Fundamentals
| Metric | Status |
|---|---|
| Strong | |
| Stable | |
| Healthy | |
| Healthy |
COHU's revenue, cash flow and balance sheet are currently healthy, and its profitability 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'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.
COHU PE Valuation
COHU 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.
COHU Forward outlook
| Metric | Outlook |
|---|---|
| -- | |
| Strong growth | |
| Strong growth | |
| Strongly improving | |
| Limited | |
| Low |
COHU 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 COHU on earnings quality, reporting a profit while its opponent remains loss making.
COHU Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Forward | $1.99 | — |
| Q3 2026 | -$0.52 | +$1.04 |
| Q2 2026 | -$0.83 | +$1.03 |
| Q1 2026 | -$1.19 | +$0.65 |
| Q4 2025 | -$1.59 | -$0.10 |
| Q3 2025 | -$1.56 | -$0.48 |
| Q2 2025 | -$1.86 | -$1.25 |
| Q1 2025 | -$1.84 | -$1.79 |
| Q4 2024 | -$1.49 | -353% |
COHU is still losing money, but far less than before: $0.52 per share over the past year, against $1.86 at its worst in mid-2025.
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 COHU on profitability, with a higher operating margin.
COHU Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q3 2026 | $173M | +37% |
| Q2 2026 | $149M | +38% |
| Q1 2026 | $125.1M | +29% |
| Q4 2025 | $122.2M | +30% |
| Q3 2025 | $126.2M | +32% |
| Q2 2025 | $107.7M | +2.8% |
| Q1 2025 | $96.8M | -10% |
| Q4 2024 | $94.1M | -31% |
COHU's revenue is recovering but still below its 2021 peak: $173M last quarter, up 37% from the same quarter a year ago.
| Quarter | Margin | YoY |
|---|---|---|
| Q3 2026 | 7.4% | +15 points |
| Q2 2026 | 0.2% | +16 points |
| Q1 2026 | -8.9% | +19 points |
| Q4 2025 | -13% | +10 points |
| Q3 2025 | -7.7% | +8.8 points |
| Q2 2025 | -16% | -0.4 points |
| Q1 2025 | -28% | -12 points |
| Q4 2024 | -23% | -23 points |
COHU's operating margin was 7.4% last quarter, up 15 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 has the edge over COHU on cash flow, with more consistent year-over-year improvement.
COHU Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q3 2026 | $3M | +$20.9M |
| Q2 2026 | $8.1M | -39% |
| Q1 2026 | $8.3M | +$29.4M |
| Q4 2025 | $36.5M | +$41.2M |
| Q3 2025 | -$18M | -219% |
| Q2 2025 | $13.4M | +$14.3M |
| Q1 2025 | -$21.1M | -$3.9M |
| Q4 2024 | -$4.8M | -$3.6M |
COHU's free cash flow has turned positive after two years mostly in the red: $56M over the past year.
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 COHU 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.
COHU Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | +15% | +7M shares |
| 1 year | +16% | +7.6M shares |
| 3 years | +13% | +6.3M shares |
| 5 years | +9.9% | +4.9M shares |
| Available history | +32% | +13.2M shares |
COHU has 54M diluted shares, up 16% from a year ago.
| Quarter | Spent |
|---|---|
| Q3 2026 | — |
| Q2 2026 | — |
| Q1 2026 | — |
| Q4 2025 | — |
| Q3 2025 | $1,000 |
| Q2 2025 | $138,000 |
| Q1 2025 | $8.4M |
| Q4 2024 | $32,000 |
COHU hasn't bought back shares in the past year.
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 COHU on leverage, with a lower net debt burden relative to earnings.
COHU Net Leverage
| Quarter | Net Leverage | Status |
|---|---|---|
| Q3 2026 | 1.1x | Healthy |
| Q2 2026 | 8.6x | High |
| Q3 2024 | -60.8x | Net Cash |
| Q2 2024 | -7.7x | Net Cash |
| Q1 2024 | -3.2x | Net Cash |
| Q4 2023 | -2.2x | Net Cash |
| Q3 2023 | -2.1x | Net Cash |
| Q2 2023 | -1.6x | Net Cash |
COHU's net debt is about 1.1 years of its operating earnings (EBITDA), after holding more cash than debt 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).
COHU Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 45.9 | Neutral |
| Stochastic | 21.9 | Neutral |
COHU's weekly RSI is 46 (neutral) and its Stochastic is 22 (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.
COHU PE vs Technology Sector
| Metric | COHU | Sector median | Relative |
|---|---|---|---|
| PE | N/A | 28x | — |
COHU 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 COHU on trend strength, trading above more of its moving averages.
COHU Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $55.2 | 19% below |
| 20 week MA | $54.4 | 17% below |
| 50 week MA | $44.0 | 2.2% above |
| 100 week MA | $32.1 | 40% above |
| 200 week MA | $32.4 | 39% above |
COHU has slipped below its 8- and 20-week averages, though it's still 39% 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.
COHU Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2020 | $22.3 | $38.8 | +74% |
| 2021 | $38.8 | $38.0 | -1.9% |
| 2022 | $38.0 | $31.6 | -17% |
| 2023 | $31.6 | $35.4 | +12% |
| 2024 | $35.4 | $26.8 | -24% |
| 2025 | $26.8 | $23.5 | -12% |
| 2026 YTD | $23.5 | $45.0 | +92% |
COHU has the edge over AAPL on returns for 2026, with the stronger performance.