AAPL
Apple Inc.
AAPL has lower modeled downside risk, despite its lower overall score.
DSP
Viant Technology Inc.
DSP 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.
DSP Fundamentals
| Metric | Status |
|---|---|
| Strong | |
| Healthy | |
| Strong | |
| Strong |
DSP'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.
DSP PE Valuation
| Level | PE | Price | Vs current |
|---|---|---|---|
| Cheap | 33x | $9.44 | -19% |
| Current | 40x | $11.59 | — |
| Forward | 52x | $11.59 | — |
| Fair | 83x | $24.08 | +108% |
| Expensive | 112x | $32.49 | +180% |
Historical ranges are pointers, not guarantees.
DSP 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.
DSP Forward outlook
| Metric | Outlook |
|---|---|
| Strongly deteriorating | |
| Stable | |
| Strong growth | |
| Stable | |
| Limited | |
| High |
Analysts expect DSP's revenue to grow, with its earnings and profitability 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 earned $8.98 per share over the past year, up 20% from the year before.
DSP Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Forward | $0.22 | -24% |
| Q3 2026 | $0.29 | +142% |
| Q2 2026 | $0.35 | +133% |
| Q1 2026 | $0.40 | +208% |
| Q4 2025 | $0.36 | +157% |
| Q3 2025 | $0.12 | +71% |
| Q2 2025 | $0.15 | +$0.20 |
| Q1 2025 | $0.13 | +$0.25 |
| Q4 2024 | $0.14 | +$0.37 |
DSP 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 has the edge over DSP on profitability, with a higher operating margin.
DSP Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q3 2026 | $110.4M | +29% |
| Q2 2026 | $104.3M | +34% |
| Q1 2026 | $88.5M | +25% |
| Q4 2025 | $110.1M | +22% |
| Q3 2025 | $85.6M | +7.1% |
| Q2 2025 | $77.9M | +18% |
| Q1 2025 | $70.6M | +32% |
| Q4 2024 | $90.1M | +40% |
DSP has the edge over AAPL on sales, with stronger typical year-over-year growth.
| Quarter | Margin | YoY |
|---|---|---|
| Q3 2026 | 1.7% | -3.3 points |
| Q2 2026 | -3.7% | -3.7 points |
| Q1 2026 | -4.5% | +2.4 points |
| Q4 2025 | 12% | +5 points |
| Q3 2025 | 4.9% | -0.1 points |
| Q2 2025 | 0% | +1.2 points |
| Q1 2025 | -6.9% | +3.8 points |
| Q4 2024 | 6.5% | +5.2 points |
DSP's operating margin was 1.7% last quarter, down 3.3 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.
DSP Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q3 2026 | $4.1M | +44% |
| Q2 2026 | $27.6M | +35% |
| Q1 2026 | $2.6M | +$7.2M |
| Q4 2025 | $33M | +103% |
| Q3 2025 | $2.8M | -83% |
| Q2 2025 | $20.5M | +53% |
| Q1 2025 | -$4.6M | -238% |
| Q4 2024 | $16.3M | -29% |
DSP generated $67M in free cash flow over the past year, up 92% 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 DSP 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.
DSP Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | -67% | -44M shares |
| 1 year | +6.6% | +1.3M shares |
| 3 years | +40% | +6.1M shares |
DSP has 21M diluted shares, up 6.6% from a year ago.
| Quarter | Spent |
|---|---|
| Q4 2020 | — |
| Q3 2020 | — |
| Q2 2020 | — |
| Q1 2020 | — |
| Q4 2019 | — |
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).
DSP Net Leverage
| Quarter | Net Leverage | Status |
|---|---|---|
| Q3 2026 | -6.4x | Net Cash |
| Q2 2026 | -6.4x | Net Cash |
| Q1 2026 | -5.7x | Net Cash |
| Q4 2025 | -6.2x | Net Cash |
| Q3 2025 | -7.0x | Net Cash |
| Q2 2025 | -7.8x | Net Cash |
| Q1 2025 | -8.3x | Net Cash |
| Q4 2024 | -10.3x | Net Cash |
DSP 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).
DSP Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 46.4 | Neutral |
| Stochastic | 55.0 | Neutral |
DSP's weekly RSI is 46 (neutral) and its Stochastic is 55 (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 DSP on valuation relative to its sector.
DSP PE vs Technology Sector
| Metric | DSP | Sector median | Relative |
|---|---|---|---|
| PE | 40x | 28x | 43% above |
| PE % | 34 | 40 | 6 pts below |
DSP is trading at 40x earnings, a 43% 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 has the edge over DSP on trend strength, trading above more of its moving averages.
DSP Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $12.7 | 8.5% below |
| 20 week MA | $12.6 | 7.8% below |
| 50 week MA | $11.8 | 1.7% below |
| 100 week MA | $12.8 | 9.1% below |
| 200 week MA | $10.4 | 12% above |
DSP has fallen below most of its moving averages, though it's still 12% 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 DSP on returns for 2026, with the stronger performance.
DSP Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2021 | $65.5 | $10.2 | -84% |
| 2022 | $10.2 | $3.78 | -63% |
| 2023 | $3.78 | $6.89 | +82% |
| 2024 | $6.89 | $19.2 | +179% |
| 2025 | $19.2 | $12.0 | -38% |
| 2026 YTD | $12.0 | $11.6 | -3.3% |
DSP's yearly returns have swung widely, from +179% in 2024 to −84% in 2021. It's down 3.3% so far in 2026.