AAPL
Apple Inc.
AAPL has lower modeled downside risk, despite its lower overall score.
DAVE
Dave Inc.
DAVE 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.
DAVE Fundamentals
| Metric | Status |
|---|---|
| Healthy | |
| Strong | |
| Strong | |
| Strong |
DAVE's revenue, profitability, cash flow and balance sheet are all currently healthy.
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.
DAVE PE Valuation
| Level | PE | Price | Vs current |
|---|---|---|---|
| Forward | 14x | $267 | — |
| Cheap | 18x | $227 | -15% |
| Current | 22x | $267 | — |
| Fair | 23x | $287 | +7.2% |
| Expensive | 58x | $718 | +169% |
Historical ranges are pointers, not guarantees.
DAVE 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.
DAVE Forward outlook
| Metric | Outlook |
|---|---|
| Strongly improving | |
| Strong growth | |
| Strong growth | |
| Strongly improving | |
| Limited | |
| Moderate |
DAVE 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 earned $8.98 per share over the past year, up 20% from the year before.
DAVE Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Forward | $18.94 | +53% |
| Q3 2026 | $12.41 | +24% |
| Q2 2026 | $15.45 | +316% |
| Q1 2026 | $15.58 | +338% |
| Q4 2025 | $13.53 | +223% |
| Q3 2025 | $10.02 | +220% |
| Q2 2025 | $3.71 | +78% |
| Q1 2025 | $3.56 | +$3.84 |
| Q4 2024 | $4.19 | +$8.26 |
DAVE has the edge over AAPL on earnings, with more consistent year-over-year improvement.
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's operating margin was 31% last quarter, down 0.5 points from the same quarter a year ago.
DAVE Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q3 2026 | $197.7M | +31% |
| Q2 2026 | $170.8M | +30% |
| Q1 2026 | $158.4M | +47% |
| Q4 2025 | $163.7M | +62% |
| Q3 2025 | $150.7M | +63% |
| Q2 2025 | $131.8M | +64% |
| Q1 2025 | $108M | +47% |
| Q4 2024 | $100.8M | +38% |
DAVE has the edge over AAPL on sales, with stronger typical year-over-year growth.
| Quarter | Margin | YoY |
|---|---|---|
| Q3 2026 | 38% | -1.1 points |
| Q2 2026 | 8.6% | -0.1 points |
| Q1 2026 | 44% | +13 points |
| Q4 2025 | 39% | +22 points |
| Q3 2025 | 39% | +38 points |
| Q2 2025 | 8.7% | +3 points |
| Q1 2025 | 31% | -20 points |
| Q4 2024 | 17% | +17 points |
DAVE has the edge over AAPL on profitability, with a higher operating margin.
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.
DAVE Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q3 2026 | $81.4M | -2.1% |
| Q2 2026 | $68.1M | +0.1% |
| Q1 2026 | $82M | +81% |
| Q4 2025 | $93.2M | +124% |
| Q3 2025 | $83.2M | +125% |
| Q2 2025 | $68.1M | +144% |
| Q1 2025 | $45.2M | +147% |
| Q4 2024 | $41.7M | +167% |
DAVE 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.
DAVE Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | +1.8% | +241K shares |
| 1 year | -4.2% | -604K shares |
| 3 years | +16% | +2M shares |
DAVE has the edge over AAPL on shareholder dilution, with a more favorable share count trend.
| Quarter | Spent |
|---|---|
| Q3 2026 | $6M |
| Q2 2026 | $19.1M |
| Q1 2026 | $186.7M |
| Q4 2025 | $11.8M |
| Q3 2025 | $25M |
| Q2 2025 | — |
| Q1 2025 | $6.9M |
| Q4 2023 | — |
DAVE spent $224M buying back its own shares over 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's net debt is less than a year of its operating earnings (EBITDA).
DAVE Net Leverage
| Quarter | Net Leverage | Status |
|---|---|---|
| Q3 2026 | -0.8x | Net Cash |
| Q2 2026 | -0.6x | Net Cash |
| Q1 2026 | -0.3x | Net Cash |
| Q4 2025 | -0.5x | Net Cash |
| Q3 2025 | 0.2x | Very low |
| Q2 2025 | 0.2x | Very low |
| Q1 2025 | 0.4x | Very low |
| Q4 2024 | 0.4x | Very low |
DAVE has the edge over AAPL on leverage, with a lower net debt burden relative to earnings.
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).
DAVE Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 41.0 | Neutral |
| Stochastic | 9.7 | Oversold |
DAVE's weekly RSI is 41 (neutral) and its Stochastic is 10 (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.
DAVE PE vs Technology Sector
| Metric | DAVE | Sector median | Relative |
|---|---|---|---|
| PE | 22x | 28x | 23% below |
| PE % | 39 | 42 | 3 pts below |
DAVE 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 DAVE on trend strength, trading above more of its moving averages.
DAVE Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $328.1 | 19% below |
| 20 week MA | $354.2 | 25% below |
| 50 week MA | $276.9 | 3.4% below |
| 100 week MA | $220.9 | 21% above |
| 200 week MA | $122.2 | 119% above |
DAVE has pulled back, but its long-term trend is still up: it's below its 8-, 20- and 50-week averages, but 119% 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 DAVE on returns for 2026, with the stronger performance.
DAVE Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2021 | $315.5 | $318.7 | +1% |
| 2022 | $318.7 | $9.50 | -97% |
| 2023 | $9.50 | $8.39 | -12% |
| 2024 | $8.39 | $97.8 | +1066% |
| 2025 | $97.8 | $229.2 | +134% |
| 2026 YTD | $229.2 | $267.4 | +17% |
DAVE's yearly returns have swung widely, from +1066% in 2024 to −97% in 2022. It's up 17% so far in 2026.