AAPL
Apple Inc.
AAPL has the edge over NTGR overall, supported by stronger fundamentals and lower modeled downside.
NTGR
NETGEAR, Inc.
NTGR 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.
NTGR Fundamentals
| Metric | Status |
|---|---|
| Stable | |
| Under pressure | |
| Under pressure | |
| Strong |
NTGR's balance sheet is currently strong, and its revenue is stable, but its profitability and cash flow 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.
NTGR PE Valuation
NTGR 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.
NTGR Forward outlook
There aren't enough analyst estimates for NTGR to show an outlook.
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 NTGR on earnings quality, reporting a profit while its opponent remains loss making.
NTGR Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Q3 2026 | -$1.22 | -$0.33 |
| Q2 2026 | -$0.94 | -143% |
| Q1 2026 | -$0.89 | -206% |
| Q4 2025 | -$0.63 | -250% |
| Q3 2025 | -$0.89 | -241% |
| Q2 2025 | $2.18 | +$7.32 |
| Q1 2025 | $0.84 | +$4.71 |
| Q4 2024 | $0.42 | +$3.99 |
NTGR is still losing money, but far less than before: $1.22 per share over the past year, against $5.14 at its worst in mid-2024.
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 NTGR 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 NTGR on profitability, with a higher operating margin.
NTGR Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q3 2026 | $167.3M | -9.3% |
| Q2 2026 | $168.6M | -1.2% |
| Q1 2026 | $158.8M | -2% |
| Q4 2025 | $182.5M | 0% |
| Q3 2025 | $184.6M | +0.9% |
| Q2 2025 | $170.5M | +19% |
| Q1 2025 | $162.1M | -1.5% |
| Q4 2024 | $182.4M | -3.3% |
NTGR's revenue fell from its 2020 peak and has held roughly level since: $167M last quarter, down 9.3% from the same quarter a year ago.
| Quarter | Margin | YoY |
|---|---|---|
| Q3 2026 | -8.2% | -4.4 points |
| Q2 2026 | -5% | +0.6 points |
| Q1 2026 | -8.6% | -0.7 points |
| Q4 2025 | -2.6% | +5.7 points |
| Q3 2025 | -3.8% | -56 points |
| Q2 2025 | -5.6% | +27 points |
| Q1 2025 | -7.9% | +5.3 points |
| Q4 2024 | -8.3% | -6.8 points |
NTGR's operating margin was −8.2% last quarter, down 4.4 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 NTGR on cash generation, producing positive trailing cash flow while its opponent burns cash.
NTGR Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q3 2026 | -$5.2M | +$11.9M |
| Q2 2026 | -$11.6M | -$6.3M |
| Q1 2026 | -$2.2M | +$8M |
| Q4 2025 | $13.6M | -28% |
| Q3 2025 | -$17.1M | -116% |
| Q2 2025 | -$5.3M | -133% |
| Q1 2025 | -$10.1M | -169% |
| Q4 2024 | $19M | -65% |
NTGR has burned cash in six of the last eight quarters: −$5M over the past year, against −$14M 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 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.
NTGR Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | +0.1% | +16K shares |
| 1 year | -5.5% | -1.6M shares |
| 3 years | -8.4% | -2.5M shares |
| 5 years | -12% | -3.7M shares |
| Available history | -15% | -4.9M shares |
NTGR has the edge over AAPL on shareholder dilution, with a more favorable share count trend.
| Quarter | Spent |
|---|---|
| Q3 2026 | $15M |
| Q2 2026 | $12.9M |
| Q1 2026 | $20.2M |
| Q4 2025 | $15M |
| Q3 2025 | $20M |
| Q2 2025 | $7.5M |
| Q1 2025 | $8.2M |
| Q4 2024 | $10.2M |
NTGR spent $63M buying back its own shares over the past year, up 38% 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).
NTGR Net Leverage
| Quarter | Net Leverage | Status |
|---|---|---|
| Q2 2025 | -3.7x | Net Cash |
| Q1 2025 | -9.7x | Net Cash |
| Q4 2024 | -15.3x | Net Cash |
| Q3 2024 | -8.9x | Net Cash |
| Q4 2021 | -3.3x | Net Cash |
| Q3 2021 | -2.5x | Net Cash |
| Q2 2021 | -2.4x | Net Cash |
| Q1 2021 | -2.9x | Net Cash |
NTGR has more cash than debt.
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).
NTGR Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 41.5 | Neutral |
| Stochastic | 23.9 | Neutral |
NTGR's weekly RSI is 42 (neutral) and its Stochastic is 24 (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.
NTGR PE vs Technology Sector
| Metric | NTGR | Sector median | Relative |
|---|---|---|---|
| PE | N/A | 28x | — |
NTGR 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 NTGR on trend strength, trading above more of its moving averages.
NTGR Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $21.9 | 8.3% below |
| 20 week MA | $22.3 | 10% below |
| 50 week MA | $23.0 | 13% below |
| 100 week MA | $25.3 | 21% below |
| 200 week MA | $20.5 | 2.2% below |
NTGR is in a downtrend: it's below all five of its weekly moving averages, and 2.2% 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 NTGR on returns for 2026, with the stronger performance.
NTGR Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2020 | $24.5 | $37.0 | +51% |
| 2021 | $37.0 | $29.1 | -21% |
| 2022 | $29.1 | $18.0 | -38% |
| 2023 | $18.0 | $14.6 | -19% |
| 2024 | $14.6 | $28.1 | +93% |
| 2025 | $28.1 | $24.6 | -12% |
| 2026 YTD | $24.6 | $20.1 | -18% |
NTGR has finished lower in four of the last six years. It's down 18% so far in 2026.