AAPL

Apple Inc.

59
Fundamentals75/ 100
Valuation33/ 100
Upside potential54/ 100
Risk potential15/ 100

AAPL has the edge over INSG overall, supported by stronger fundamentals and lower modeled downside.

INSG

Inseego Corp.

41
Fundamentals35/ 100
Valuation50/ 100
Upside potential63/ 100
Risk potential41/ 100

INSG offers stronger valuation, but that advantage does not outweigh its weaker overall profile.

AAPL Fundamentals

MetricStatus
Healthy
Strong
Strong
Strong

AAPL's revenue, profitability, cash flow and balance sheet are all currently healthy.

INSG Fundamentals

MetricStatus
Under pressure
Weak
Stable
Weak

INSG's cash flow is currently stable, but its revenue, profitability and balance sheet are under pressure.

AAPL PE Valuation

CHEAPFAIREXPENSIVE11x22x33x44x
CHEAPFAIREXPENSIVE11x22x33x44x
LevelPEPriceVs current
Cheap26x$230-35%
Fair31x$279-21%
Expensive37x$328-7.5%
Forward38x$355—
Current40x$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.

INSG PE Valuation

INSG has no meaningful PE right now: it lost money over the past year.

AAPL Forward outlook

MetricOutlook
Stable
Growth
Growth
Weakening
Moderate
Moderate

Analysts expect earnings and revenue growth for AAPL, but weaker profitability.

INSG Forward outlook

MetricOutlook
--
Losses shrinking
Strong growth
Improving
Limited
High

INSG has the edge over AAPL on the outlook, with more favorable profitability expectations.

AAPL Risk to reward

ScenarioChangePrice
Upside+17%$416.94
Downside-15%$301.30

Calculated from the latest close: $354.88 on Nov 12.

AAPL trails INSG on modeled risk to reward, with less potential upside relative to its potential downside.

INSG Risk to reward

ScenarioChangePrice
Upside+72%$7.62
Downside-41%$2.61

Calculated from the latest close: $4.44 on Nov 12.

INSG has a better modeled risk to reward balance than AAPL, with more potential upside relative to its potential downside.

AAPL Earnings Per Share

Q4 2023: $6.43Q1 2024: $6.44Q2 2024: $6.58Q3 2024: $6.08Q4 2024: $6.30Q1 2025: $6.42Q2 2025: $6.59Q3 2025: $7.46Q4 2025: $7.90Q1 2026: $8.26Q2 2026: $8.71Q3 2026: $8.98Forward: $9.28
Q4 2023: $6.43Q1 2024: $6.44Q2 2024: $6.58Q3 2024: $6.08Q4 2024: $6.30Q1 2025: $6.42Q2 2025: $6.59Q3 2025: $7.46Q4 2025: $7.90Q1 2026: $8.26Q2 2026: $8.71Q3 2026: $8.98Forward: $9.28
QuarterTTM EPSYoY
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 INSG on earnings quality, reporting a profit while its opponent remains loss making.

INSG Earnings Per Share

Q4 2023: $-4.32Q1 2024: $-4.26Q2 2024: $-3.78Q3 2024: $-1.94Q4 2024: $-0.63Q1 2025: $-0.35Q2 2025: $-0.36Q3 2025: $-0.27Q4 2025: $-0.18Q1 2026: $0.63Q2 2026: $0.14Q3 2026: $-0.38
Q4 2023: $-4.32Q1 2024: $-4.26Q2 2024: $-3.78Q3 2024: $-1.94Q4 2024: $-0.63Q1 2025: $-0.35Q2 2025: $-0.36Q3 2025: $-0.27Q4 2025: $-0.18Q1 2026: $0.63Q2 2026: $0.14Q3 2026: $-0.38
QuarterTTM EPSYoY
Q3 2026-$0.38-$0.11
Q2 2026$0.14+$0.50
Q1 2026$0.63+$0.98
Q4 2025-$0.18+$0.45
Q3 2025-$0.27+$1.67
Q2 2025-$0.36+$3.42
Q1 2025-$0.35+$3.91
Q4 2024-$0.63+$3.69

INSG is still losing money, but far less than before: $0.38 per share over the past year, against $12.60 at its worst in mid-2020.

AAPL Quarterly Revenue

Q4 2023: $120BQ1 2024: $90.8BQ2 2024: $85.8BQ3 2024: $94.9BQ4 2024: $124BQ1 2025: $95.4BQ2 2025: $94BQ3 2025: $102BQ4 2025: $144BQ1 2026: $111BQ2 2026: $109BQ3 2026: $114B
Q4 2023: $120BQ1 2024: $90.8BQ2 2024: $85.8BQ3 2024: $94.9BQ4 2024: $124BQ1 2025: $95.4BQ2 2025: $94BQ3 2025: $102BQ4 2025: $144BQ1 2026: $111BQ2 2026: $109BQ3 2026: $114B
QuarterRevenueYoY
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 INSG on sales, with more consistent year-over-year improvement.

INSG Quarterly Revenue

Q4 2023: $43MQ1 2024: $45MQ2 2024: $59MQ3 2024: $54MQ4 2024: $48MQ1 2025: $32MQ2 2025: $40MQ3 2025: $46MQ4 2025: $48MQ1 2026: $34MQ2 2026: $44MQ3 2026: $33M
Q4 2023: $43MQ1 2024: $45MQ2 2024: $59MQ3 2024: $54MQ4 2024: $48MQ1 2025: $32MQ2 2025: $40MQ3 2025: $46MQ4 2025: $48MQ1 2026: $34MQ2 2026: $44MQ3 2026: $33M
QuarterRevenueYoY
Q3 2026$33.3M-28%
Q2 2026$44M+9.4%
Q1 2026$34.3M+8.4%
Q4 2025$48.4M+0.6%
Q3 2025$45.9M-15%
Q2 2025$40.2M-32%
Q1 2025$31.7M-30%
Q4 2024$48.1M+12%

INSG's revenue fell from its 2020 peak and has held roughly level since: $33M last quarter, down 28% from the same quarter a year ago.

AAPL Free Cash Flow

Q4 2023: $37.5BQ1 2024: $20.7BQ2 2024: $26.7BQ3 2024: $23.9BQ4 2024: $27BQ1 2025: $20.9BQ2 2025: $24.4BQ3 2025: $26.5BQ4 2025: $51.6BQ1 2026: $26.7BQ2 2026: $31.9BQ3 2026: $25.9B
Q4 2023: $37.5BQ1 2024: $20.7BQ2 2024: $26.7BQ3 2024: $23.9BQ4 2024: $27BQ1 2025: $20.9BQ2 2025: $24.4BQ3 2025: $26.5BQ4 2025: $51.6BQ1 2026: $26.7BQ2 2026: $31.9BQ3 2026: $25.9B
QuarterFree cash flowYoY
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 INSG on cash flow, with more consistent year-over-year improvement.

INSG Free Cash Flow

Q4 2023: −$16MQ1 2024: $5MQ2 2024: $29MQ3 2024: $12MQ4 2024: −$12MQ1 2025: −$3MQ2 2025: −$5MQ3 2025: $3MQ4 2025: $12MQ1 2026: $2MQ2 2026: −$24MQ3 2026: $13M
Q4 2023: −$16MQ1 2024: $5MQ2 2024: $29MQ3 2024: $12MQ4 2024: −$12MQ1 2025: −$3MQ2 2025: −$5MQ3 2025: $3MQ4 2025: $12MQ1 2026: $2MQ2 2026: −$24MQ3 2026: $13M
QuarterFree cash flowYoY
Q3 2026$12.8M+317%
Q2 2026-$24.1M-$19.5M
Q1 2026$1.6M+$5.1M
Q4 2025$11.6M+$23.5M
Q3 2025$3.1M-75%
Q2 2025-$4.7M-116%
Q1 2025-$3.5M-177%
Q4 2024-$11.9M+$3.6M

INSG's free cash flow has turned positive again: $2M over the past year, against −$17M the year before.

AAPL Total Shares

Q4 2023: 15.6BQ1 2024: 15.5BQ2 2024: 15.3BQ3 2024: 15.4BQ4 2024: 15.2BQ1 2025: 15.1BQ2 2025: 14.9BQ3 2025: 15BQ4 2025: 14.8BQ1 2026: 14.7BQ2 2026: 14.7BQ3 2026: 14.7B
Q4 2023: 15.6BQ1 2024: 15.5BQ2 2024: 15.3BQ3 2024: 15.4BQ4 2024: 15.2BQ1 2025: 15.1BQ2 2025: 14.9BQ3 2025: 15BQ4 2025: 14.8BQ1 2026: 14.7BQ2 2026: 14.7BQ3 2026: 14.7B
PeriodChange %Net change
Quarterly0%+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 INSG on shareholder dilution, with a more favorable share count trend.

INSG Total Shares

Q4 2023: 11MQ1 2024: 12MQ2 2024: 12MQ3 2024: 13MQ4 2024: 13MQ1 2025: 15MQ2 2025: 15MQ3 2025: 16MQ4 2025: 15MQ1 2026: 16MQ2 2026: 16MQ3 2026: 16M
Q4 2023: 11MQ1 2024: 12MQ2 2024: 12MQ3 2024: 13MQ4 2024: 13MQ1 2025: 15MQ2 2025: 15MQ3 2025: 16MQ4 2025: 15MQ1 2026: 16MQ2 2026: 16MQ3 2026: 16M
PeriodChange %Net change
Quarterly+0.7%+122K shares
1 year+5.9%+917K shares
3 years+41%+4.7M shares
5 years+59%+6.1M shares
Available history+110%+8.6M shares

INSG has 16M diluted shares, up 5.9% from a year ago.

AAPL Net Leverage

Q4 2023: 0.5xQ1 2024: 0.6xQ2 2024: 0.6xQ3 2024: 0.6xQ4 2024: 0.5xQ1 2025: 0.5xQ2 2025: 0.5xQ3 2025: 0.4xQ4 2025: 0.3xQ1 2026: 0.2xQ2 2026: 0.3xQ3 2026: 0.3x
Q4 2023: 0.5xQ1 2024: 0.6xQ2 2024: 0.6xQ3 2024: 0.6xQ4 2024: 0.5xQ1 2025: 0.5xQ2 2025: 0.5xQ3 2025: 0.4xQ4 2025: 0.3xQ1 2026: 0.2xQ2 2026: 0.3xQ3 2026: 0.3x
QuarterNet LeverageStatus
Q3 20260.3xVery low
Q2 20260.3xVery low
Q1 20260.2xVery low
Q4 20250.3xVery low
Q3 20250.4xVery low
Q2 20250.5xVery low
Q1 20250.5xVery low
Q4 20240.5xVery low

AAPL has the edge over INSG on leverage, with a lower net debt burden relative to earnings.

INSG Net Leverage

Q3 2024: -0.7xQ4 2024: -2.8xQ1 2025: -2.7xQ2 2025: -1.3xQ3 2025: -1.4xQ4 2025: -2.0xQ1 2026: -2.1xQ2 2026: 6.5x
Q3 2024: -0.7xQ4 2024: -2.8xQ1 2025: -2.7xQ2 2025: -1.3xQ3 2025: -1.4xQ4 2025: -2.0xQ1 2026: -2.1xQ2 2026: 6.5x
QuarterNet LeverageStatus
Q2 20266.5xHigh
Q1 2026-2.1xNet Cash
Q4 2025-2.0xNet Cash
Q3 2025-1.4xNet Cash
Q2 2025-1.3xNet Cash
Q1 2025-2.7xNet Cash
Q4 2024-2.8xNet Cash
Q3 2024-0.7xNet Cash

INSG's net debt is about 6.5 years of its operating earnings (EBITDA), after holding more cash than debt a year ago.

AAPL Weekly Momentum

MetricValueStatus
RSI68.1Neutral
Stochastic85.0Overbought

AAPL's weekly RSI is 68 (neutral) and its Stochastic is 85 (overbought).

INSG Weekly Momentum

MetricValueStatus
RSI37.8Neutral
Stochastic24.7Neutral

INSG's weekly RSI is 38 (neutral) and its Stochastic is 25 (neutral).

AAPL PE vs Technology Sector

MetricAAPLSector medianRelative
PE40x28x42% above
PE %963561 pts above

AAPL is trading at 40x earnings, a 42% premium to the Technology sector's median of 28x.

INSG PE vs Technology Sector

MetricINSGSector medianRelative
PE33x28x17% above
PE %843549 pts above

INSG has the edge over AAPL on valuation relative to its sector.

AAPL Weekly Moving Averages

Moving averageMA priceRelative
8 week MA$343.13.4% above
20 week MA$329.07.9% above
50 week MA$295.620% above
100 week MA$262.435% above
200 week MA$226.357% above

AAPL has the edge over INSG on trend strength, trading above more of its moving averages.

INSG Weekly Moving Averages

Moving averageMA priceRelative
8 week MA$4.283.7% above
20 week MA$5.2415% below
50 week MA$9.3853% below
100 week MA$9.8855% below
200 week MA$8.7849% below

INSG has bounced recently, but its long-term trend is still down: it's above its 8-week average, but 49% below its 200-week average.

AAPL Yearly ROI

YearStart priceEnd priceROI
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 INSG on returns for 2026, with the stronger performance.

INSG Yearly ROI

YearStart priceEnd priceROI
2020$71.1$168.1+136%
2021$168.1$63.2-62%
2022$63.2$8.28-87%
2023$8.28$2.20-73%
2024$2.20$10.4+373%
2025$10.4$10.7+3.2%
2026 YTD$10.7$4.44-59%

INSG's yearly returns have swung widely, from +373% in 2024 to −87% in 2022. It's down 59% so far in 2026.

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